Spain’s SETT Invests $7.3 Million in New Canary Islands Animation Company Amuse Labs

Spain’s government is investing €6.4 million ($7.3 million) in newly established Canary Islands animation company Amuse Labs, accelerating the archipelago’s push to become a global base for children’s IP. The deal, structured through state-backed technology investment vehicle SETT, brings together $15.1 million in public and private capital. SETT will hold a 48% stake, while Amuse…