Significant funding came from co-worker Daniel Cocanougher, whose family sold their Texas feed mill to invest in the company.
On November 13th, Allen Howell Cocanougher, the father of Daniel, and head of Cocanougher Feed Co at the time of its sale for Funimation funded, passed away at age 89.
Funimation was founded in 1994 by Japanese-born businessman Gen Fukunaga after he was approached by his uncle, Nagafumi Hori, who was working as a producer for Toei.