Motion One has raised $2.0M in a pre-seed round, with Extantia Capital writing the check. The Saudi Arabia-based media production company, which goes by Motion1, is keeping its focus on delivering a full suite of media services and solutions-from production to post-out of the Kingdom.
The backing from Extantia, a firm known for backing early-stage ventures, gives Motion1 a bit of runway to build out its operations. For a media shop in a region where content demand is climbing, that capital could help it scale beyond its current footprint, though the company hasn't detailed specific plans for the funds just yet.
