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High Tech Series A Founded 2015

Penrose

Penrose Studios is a virtual reality content development studio that creates immersive stories, applications, and experiences using its proprietary Maestro toolset. The company specializes in narrative-driven VR animated content, adapting classic literature into immersive virtual reality experiences. Its debut production, The Rose And I, was an adaptation of the French children's book The Little Prince, followed by…

📍 San Francisco, United States · Virtual Reality

Funding snapshot

Last roundSeries A
Amount$10M
Date11 July 2018
Total raised$19M
Team size15

About

Penrose Studios is a virtual reality content development studio that creates immersive stories, applications, and experiences using its proprietary Maestro toolset. The company specializes in narrative-driven VR animated content, adapting classic literature into immersive virtual reality experiences. Its debut production, The Rose And I, was an adaptation of the French children's book The Little Prince, followed by Allumette, an adaptation of The Little Match Girl. The studio also developed Arden's Wake, a two-part VR experience whose Prologue installment premiered at the Tribeca Film Festival and received the award for Best VR at the Venice Film Festival. Penrose Studios focuses on pushing the boundaries of storytelling in virtual reality, combining cinematic narrative techniques with interactive immersion to create emotionally resonant experiences. Founded in 2015 and headquartered in San Francisco, California, the company has raised approximately $18.7 million in Series A funding from investors including 500 Global, AITV, TransLink Capital, Suffolk Equity Partners, KT, Sway Ventures, 8VC, NextGen Venture Partners, Globivest, Michigan Venture Capital, and Strong Ventures.

Business model

Virtual Reality > Studios

Team background

Company Wise > Morgan Stanley,

College Wise > Harvard University, University of California (Berkeley), Harvard Business School

Institutional investors

500 Global AITV TransLink Capital Suffolk Equity Partners KT Co-made Sway Ventures 8VC NextGen Venture Partners Globivest Michigan Venture Capital Strong Ventures Marc Benioff

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