Penrose Studios
Latest round
- Series A
Last raised
- Sep 2017
Total raised
- $19M
Investors
- 4
About Penrose Studios
Founded in 2015 in San Francisco, US, Penrose Studios creates immersive VR content emphasizing universal human themes. The company was co-founded by Eugene Chung and Jimmy Maidens.Penrose Studios specializes in creating immersive virtual reality (VR) experiences that push the boundaries of frontier technologies. The company's flagship products, including "Arden’s Wake" and "Allumette," are designed to engage users through storytelling that explores universal human themes such as family, love, loss, fear, and sacrifice. These products utilize advanced VR technology to craft innovative narratives that provide users with a deeply immersive experience, facilitating emotional connections and reflections on meaningful life events. Their offerings cater to a diverse audience, including consumers, educational institutions, and content creators across the global markets in North America, Europe, and Asia.Penrose Studios generates revenue through direct-to-consumer sales of its VR experiences, as well as potential partnerships with content distribution platforms and educational institutions. The company’s business model involves a transaction structure where customers purchase or subscribe to access their immersive content, likely through established VR platforms. Specific pricing details are not disclosed, but consumers engage with the content via digital storefronts or VR marketplaces. The studio's offerings, such as "Allumette," attract interest from individual users and potential partners in the entertainment and education sectors, facilitating broader distribution of their unique storytelling capabilities. The company aims to develop new VR experiences designed to launch in the forthcoming years, targeting specific markets in North America, Europe, and Asia for expansion. This strategy is focused on deepening collaborations with educational institutions and content distributors to optimize their unique storytelling capabilities and increase accessibility to their immersive experiences.
Who invested in Penrose Studios
4 investors across 2 rounds
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Questions about Penrose Studios
Who invested in Penrose Studios?
Penrose Studios has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Penrose Studios raised?
Penrose Studios has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Penrose Studios last raise money?
Penrose Studios's most recent round on record is a Series A, in Sep 2017.
What does Penrose Studios do?
Founded in 2015 in San Francisco, US, Penrose Studios creates immersive VR content emphasizing universal human themes.
Where is Penrose Studios headquartered?
Penrose Studios is headquartered in San Francisco, US.
Which VCs invest in companies like Penrose Studios?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Penrose Studios's stage. Their profiles are linked below.
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