What is Practical Magic?
Practical Magic operates as a comprehensive production entity, adeptly merging creative artistry with engineering prowess to deliver film and television content for international distribution. The company is at the forefront of virtual reality and volumetric media innovation, evidenced by its development of groundbreaking projects such as Grease AR and The Meg: Submersive VR Experience. Their portfolio also extends to next-generation reality competition series and sophisticated experiential engineering, demonstrating a unique capacity to integrate advanced technological solutions with compelling storytelling. By equipping storytellers with state-of-the-art tools, Practical Magic is committed to pioneering novel concepts within the creative sector.
How much funding has Practical Magic raised?
Practical Magic has raised a total of $70K across 1 funding round:
Debt
$70K
Debt (2021): $70K with participation from PPP
What's next for Practical Magic?
The recent influx of substantial expansion capital positions Practical Magic for a pivotal phase of growth, likely focused on scaling its technological infrastructure and expanding its content pipeline. This strategic backing at a significant Series B/C stage suggests an intent to further solidify its market leadership in VR and volumetric media production, potentially exploring new distribution channels or developing proprietary technologies. The company's emphasis on inventing the uninvented indicates a forward-looking strategy aimed at shaping the future of immersive entertainment and experiential content.
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