Amazon leads investment round in Superplastic
February 16, 2023
Amazon and Superplastic have announced a multifaceted collaboration that spans investment and a first-look deal with Amazon Studios, which is currently in development on a series featuring Superplastic’s synthetic celebrities.
The Alexa Fund, Amazon’s venture capital arm that focuses on new media, smart consumer electronics, ambient intelligence, and other areas of digital technology, leads Superplastic’s $20 million (€18.7m) Series A extension investment round. Other investors include Craft Ventures, Google Ventures, Galaxy Digital, Kering, Sony Japan, Scribble Ventures, Kakao, Animoca Brands, Day One Ventures, and Betaworks. This latest round brings Superplastic’s total funding to $58 million to date, and supports the expansion of the Superplastic character universe.
Additionally, The Janky & Guggimon Show, starring the Superplastic synthetic celebrities Janky and Guggimon, is in development at Amazon Studios. The two companies have also signed a first-look deal to facilitate the creation of additional series and films starring other characters in the Superplastic universe. The Janky & Guggimon Show follows the adventures of two lazy and spectacularly incompetent best friends who are hell-bent on getting rich and famous but leave a trail of chaos and destruction in their wake. The endearing duo includes Janky, the loveable idiot who spends his spare time scamming celebrities, and Guggimon, a fashion icon and master manipulator who’s too narcissistic to care.
“Superplastic’s universe of synthetic celebrities have earned a cult following in every medium they’ve touched,” said Superplastic founder and CEO Paul Budnitz. “The new collaboration partnership with Amazon Studios reaches a massive audience and provides a new playground for us to wreak havoc worldwide. We’re grateful for the investment the Amazon Alexa Fund gave us to help us continue to grow the Superplastic Universe.”
“As we expand the Alexa Fund to address a wider range of consumer technologies that include ambient computing, smart devices, and the future of entertainment, we’re very excited to add Superplastic to our portfolio,” said Paul Bernard, director of the Alexa Fund. “Superplastic’s virtual celebrities delight audiences and meet their customers where they are, and we see them as demonstrative of a new class of IP that is going to be increasingly relevant with younger generations. We are excited to be an investor and to continue to help Superplastic and Amazon’s Media and Entertainment teams identify more ways to delight customers.”