Vedri lands £15K Start Up Loan to expand North Wales' first virtual production studio
What's the deal? Vedri, North Wales' first virtual production studio, has secured a £15,000 Start Up Loan from the British Business Bank. Founder Daniel Parry Evans will use the funding to buy specialist equipment and secure a deposit for a new, larger site in Bangor.
What does it do? Founded in October 2025, Vedri uses green screen and real-time technology to place people into computer-generated environments while they are filmed. Clients can appear to record anywhere — from a podcast studio to an international location — without leaving North Wales.
Why now? Evans, from Y Felinheli near Bangor, spotted a gap for high-end, real-time filming technology outside major UK cities. The tech is common in hubs including London, Manchester and Cardiff, but was not available at this level locally.
The expansion: After launching at a shared workspace in Gwynedd, Evans has secured a permanent Bangor site set to open in the coming months. The new studio will be four times the size of the current space, giving room to scale as demand grows.
What's the endgame? Vedri works with startups, production companies and content creators, and has already supported a Christmas programme for S4C. Longer term, it plans to create jobs, expand its technical capabilities and establish multiple studios in underrepresented UK regions.
"Funding like the Start Up Loan was crucial," Evans said. "It allowed me to invest in the equipment needed to get up and running and, importantly, secure the new space."
The signal: The round shows how small debt facilities can seed specialist production capacity in regions long overlooked by the creative industry, spreading technology once confined to London and Los Angeles.
Read more: Business News Wales
Image credit: Generated with Gemini
