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
Phone
Undisclosed
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
Penrose Studios LinkedIn Company Profile
Social Media
Penrose Studios Company Twitter Account
Company News
Penrose Studios News
Facebook
Penrose Studios on Facebook
YouTube
Penrose Studios on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Eugene Chung
  Eugene Chung LinkedIn Profile  Eugene Chung Twitter Account  Eugene Chung News  Eugene Chung on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/10/2016: Justworks venture capital transaction
Next: 3/10/2016: Uncharted Play venture capital transaction

 

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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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