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    The feature-length follow-up to the cult 2015 short, set to star Michael Fassbender and Arnold Schwarzenegger, will go into production July 29.

    Kung Fury 2 — set to star Michael Fassbender, Arnold Schwarzenegger, Eiza Gonzalez, David Hasselhoff and the titular kung fu cop himself, David Sandberg — is a go!

    The feature-length follow-up to the cult 2015 short Kung Fury — the cheesy and comically OTT homage to '80s martial arts and police action films that became a crowdfunded sensation, premiered in Cannes and amassed in excess of 40 million views on YouTube — has landed a major investor and an official production start date.

    Creasun Entertainment USA, the recently launched L.A.-based financing and production arm of Minglu Ma’s Asian VFX powerhouse Creasun Media and run by Ma and George Acogny, has taken a majority stake in the film and come aboard as co-producer. Creasun joins Argent Pictures, the production and financing outfit run by Jill Ahrens, Ryan Ahrens and Ben Renzo, who is co-financing and co-producing the project.

    The brainchild of Swedish filmmaker Sandberg, who returns as director and the time-traveling, Nazi-bashing hero, Kung Fury 2 is now set to go into production July 29 in Bulgaria and Germany, with Oscar-winning British VFX giant Double Negative producing the special effects together with Ma.

    Co-written by Sandberg and Tyler Burton Smith, the action is set in 1985, the best year ever. Miami is kept safe under the watchful eye of Kung Fury, the greatest damn cop of all time. His Thundercops are the ultimate police force assembled from across history to defeat the villainous Kung Fuhrer, Adolf Hitler. But after the tragic death of one of their members causes the group to disband, a mysterious villain emerges from the shadows to aid in the Fuhrer’s quest to attain the ultimate weapon. Kung Fury must travel through space and time to save his friends, defend the prestigious Miami Kung Fu Academy and defeat evil once and for all.

    "Kung Fury 2 is the very exciting vision of David Sandberg, and it contains all the elements of a magical and fun ride for all ages," said Acogny. "We are thrilled to be part of this great project and can’t wait to share it with the whole world, where it will no doubt create excitement across the globe!"

    Ma and Acogny of Creasun Entertainment, Jill Ahrens and Ryan Ahrens, and Renzo of Argent Pictures, Sandberg and Pelle Strandberg of Laser Unicorns, David Katzenberg, Seth Grahame-Smith, and Aaron Schmidt of KatzSmith Productions, Philip Westgren of B-Reel Films and Fassbender of DMC Film are producing. Argent Pictures partners Drew Brees, Tony Parker, Derrick Brooks and Michael Finley are executive producing. Conor McCaughan of DMC Film is co-producing.

    Endeavor Content is handing international sales for Kung Fury 2, and co-repping with CAA Media Finance for North American rights.

    Creason Entertainment is also co-financing Come Away, starring Angelina Jolie, Michael Caine and David Oyelowo and currently in postproduction, and financed and co-produced a miniseries remake of the original HG Wells story War of the Worlds.