# Spain's SETT Funds $521m Audiovisual Growth

> Spain's state-backed SETT fund pumps $521m into global audiovisual players.
- Title: Spain's SETT Funds $521m Audiovisual Growth · Variety
- Summary: Spain's state-backed SETT fund pumps $521m into global audiovisual players. Spain's SETT investment fund secured $521 million for audiovisual industries…
- Keywords: sett, spain, audiovisual, investment, funds, global, entertainment, culture, Spain's, 521m, Growth, Variety
- Source: Variety — https://variety.com/2026/global/global/sett-spain-audiovisual-hub-anima-kitchent-good-films-1236846260
- Author: John Hopewell
- Published: 2026-09-19T09:55:02+00:00
- Read time: 1 min
- Topics: sett, spain, audiovisual, investment, funds, global, entertainment, culture
## Spain's SETT Fund
Spain's state-backed venture capital fund SETT spearheads the country's audiovisual hub phase two.
## Investment Push
SETT has invested €215.6 million ($252.3 million) into film, TV, video games and tech sectors.
## Private Sector Match
Private investment matched SETT's public funding with €230 million ($269.1 million).
## Government Official
Spain's secretary of state for digitalization and AI, María González Veracruz, confirmed the investment.
## Global Impact
The initiative aims to build Spain as a global audiovisual production hub for international markets.
## Key takeaway

Spain's SETT investment fund secured $521 million for audiovisual industries through public-private partnerships.