Pixar-esque Penrose Studios raises $8.5M, VR’s biggest seed round

When a new medium arises, so too do new brands hoping to stake a claim on the frontier. Penrose Studios wants to be the Pixar of VR, telling heartfelt stories in immersive worlds. And now it has the money to hire the best talent and develop its own in-VR creation tools. Today Penrose Studios announced it’s raised an $ 8.5 million seed round led by Accelerate-IT Ventures, and joined… Read More

Startups – TechCrunch