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Birmingham Post
Birmingham Post
Technology
Coreena Ford

Tyneside animation firm Arcus Studios set for growth with £150,000 investment

Arcus Tyneside E4 Creative UK Newcastle North of Tyne Combined Authority

A Tyneside animation studio is set to expand after securing a £150,000 investment.

Newcastle based Arcus Studios has sealed the six-figure sum from the North of Tyne Culture and Creative Investment Programme, to help it boost work with clients which already include the likes of BBC, E4 and the McMillan Trust. The company says it will use the capital injection to aid cashflow stability, staff team expansion, and value addition through enhanced financial governance.

The deal marks the latest investment programme, a partnership between Creative UK and the North of Tyne Combined Authority, which offers financial and business support to those working in the cultural and creative industries in North Tyneside, Northumberland and Newcastle.

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