Penrose Studios

Penrose Studios nabs $10M as the startup continues to create some of VR’s most beautiful stories

It’s been an interesting past few years for the virtual reality industry and while there is still plenty for insiders to pin their hopes on in 2018, it’s no secret that things have been pr

The reality of AR/VR survival

VR will be big, AR will be bigger (and take longer). But as in most early-stage tech markets, growth will be curved, not straight. There will be a few billion dollars of revenue this year, a progressi

What this year’s M&A activity tells us about media and entertainment

With Dalian Wanda Group's $3.5 billion acquisition of Legendary Entertainment in January, this year's media and entertainment M&A activity kicked off with a bang that hasn't slowed down. Comcast's

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 m

Penrose Is The Pixar Of VR

There are advantages to being an invisible giant in a virtual world. You can watch over a whole town or lean in to see the miniature protagonist’s face. You’re so big you never worry about somethi