Preston Waters makes a splash with ‘Lucidity’

New financier backs Bert&Bertie helming bow

New York-based financier Preston Waters Corp. has committed to fund $22 million U.K. sci-fi thriller “Lucidity,” the debut from femme directing duo Bert&Bertie.

“Lucidity,” produced by Bart Rispoli and Freddie Hutton-Miles, will shoot in February. Intandem is handling worldwide sales.

Scripted by William Simpson, it’s set in London in the near future, when the population is addicted to a drug that enables them to relive their memories and access other people’s memories.

A young man searching for the memory of who killed his girlfriend stumbles across a wider conspiracy.

No casting has been announced.

Bert&Bertie, who insist on being called only by their collective name, is the pseudonym of Katie Ellwood and Amber Templemore-Finlayson. They have worked extensively in commercials and made a number of shorts, including “The Taxidermist,” which won prizes at the Palm Springs, Rhode Island and Austin fests.

“Lucidity” is the first project announced by Preston Waters, a new equity financier for film and TV, founded by CEO Nicholas P. Mussolini, with offices in New York, Chicago and, soon, Beverly Hills.

According to Matt Moran, the Chicago-based prexy of film and TV, it intends to fully finance 10-to-15 projects a year in the $20 million to $60 million budget range.