Plenus

Plenus Provides $7mm Credit Facility to Animation Lab

 

“Being the venture lenders pioneers in Israel we appreciate the spirit of innovation and strive for excellence,” said Ruthi Simha, General Partner and co-founder of Plenus. “Animation Lab is headed by an excellent management team that oversees the premium animation work of the industry’s best. We are proud to support this initiative and look forward to seeing it on the big screen.”

"The Plenus team was very professional in building a smart and tailor made financing solution for Animation Lab. This new capital will give us valuable support to continue developing our animation studio in Jerusalem and implement our future New Media strategy." said Art Levitt, Animation Lab's CEO.  “We view Plenus not just as lenders but as strategic partners in a long term value add relationship “

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