The newly founded Sycamore Studios has bagged another high-profile piece of intellectual property for film adaptation.

Formed in August by Christian McGuigan and Timothy Reckart, Sycamore has won the rights to the bestselling graphic novel series “Zita the Spacegirl.” The project joins a development slate that also includes an animated feature take on the classic “Doctor Dolittle,” from screenwriters Cal Brunker and Bob Barlen.

The acquisition comes on the heels of a successful Series A funding round, which we hear was oversubscribed and fetched mid-seven-figures for Sycamore’s operations and productions.

Written by Ben Hatke, “Zita” follows a brave girl who is propelled into a cosmic adventure when her best friend is abducted by aliens. Zita’s unwavering determination to find her way back home and her courageous sacrifice for others transform her into an intergalactic hero. The property was previously set up at Fox Animation with Peter Chernin, and...