Funbag Animation Studios, also known as Funbag Studios or Funbag, was a Canadian animation studio headquartered in Ottawa, Ontario. It was well known for working on animated television series such as Undergrads, Freaky Stories, Toad Patrol, Watership Down, Anthony Ant, King, Mole Sisters, The Eggs, For Better or For Worse, Faireez, Seven Little Monsters, Madeline, and The Wiggles Show. On April 29, 2007, the company closed due to a decline in business, and some of the employees at the studio founded New Bike Entertainment to secure Funbag's assets. Funbag also had an office in India.