Tech Company Financing Transactions
Penrose Studios Funding Round
On 3/10/2016, Penrose Studios raised $8.5 million in Seed funding from AITV, 8 Angel and Suffolk Equity Partners.
Transaction Overview
Company Name
Announced On
3/10/2016
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eugene Chung
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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