Penrose Studios Garners $8,500,000 Seed Funding Round

  • Feed Type
  • Date
    3/10/2016
  • Company Name
    Penrose Studios
  • Mailing Address
    Undisclosed San Francisco, CA 94107 USA
  • Company Description
    Penrose is focused on augmented and virtual reality storytelling. Through the process of creation with world class storytellers and technologists, Penrose is inventing and defining the language of real-time cinema for AR and VR.
  • Website
    http://www.penrosestudios.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,500,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The studio will continue to explore the possibilities AR and VR hold, and develop its proprietary content and technology, such as its native creation tools.
  • M&A Terms
  • Venture Investor
    AITV
  • Venture Investor
    Translink Capital
  • Venture Investor
    Suffolk Equity Partners
  • Venture Investor
    8 Angel