Felix & Paul Studios Secures Multi-Million Financing for its Latest Location-Based Virtual Reality (VR) Production

Montreal, Canada - February 13, 2024
Felix & Paul Studios secures strategic financing from Export Development Canada (EDC), The Bank for Canadian Entrepreneurs (BDC), the Société de développement des entreprises culturelles (SODEC), and National Bank of Canada's Creative Industries Group, for its largest production to date.
Montreal, Quebec – February 13, 2024 – Felix & Paul Studios, the Emmy Award-winning immersive entertainment pioneer, today announced that it has secured financing for its most ambitious project yet, a location-based VR (LBVR) experience based on a brand-new IP set to launch in 2025. With financial backing from Export Development Canada (EDC), The Bank for Canadian Entrepreneurs (BDC), the Société de développement des entreprises culturelles (SODEC), and National Bank of Canada's Creative Industries Group, the Studio is charting a new course in the entertainment and extended reality (XR) industries.
Stéphane Rituit, CEO of Felix & Paul Studios
Over the past decade, Felix & Paul Studios has not only garnered acclaim for its innovative VR productions, such as the EMMY Award-winning Space Explorers series, but has also laid the groundwork for the evolution of LBVR with Space Explorers: THE INFINITE *, which attracts hundreds of thousands of spectators every year as it tours North America with plans to expand to Europe, Asia, and the Middle East.
This round of top-tier financing showcases a strong vote of confidence in the Studio’s vision and its potential to reimagine the entertainment landscape.
Guillermo Freire, Senior Vice-President, Mid-Market Group at EDC
* Space Explorers: THE INFINITE is an Infinity Experiences production created by Felix & Paul Studios and PHI Studio.