VR Animation House Penrose Studios Announces $10 Million in Series A Funding

Published by , July 16, 2018 2:39 pm

(Variety.com) Pioneering and award-winning virtual-reality animation house Penrose Studios has banked $10 million in Series A funding led by TransLink Capital with participation from investors including Will.I.Am and Salesforce.com CEO Marc Benioff.
Penrose plans to recruit more engineers and artists; focus on “ways to elevate AR & VR as storytelling platforms, through continued partnerships and events”; and continue to invest in its in-house native AR and VR tools, CEO Eugene Chung wrote in a blog post.