VR/AR Startup Penrose Studios Raises $10 Million From Will.I.Am, Salesforce’s Marc Benioff, Others

Penrose Studios, a pioneering and award-winning virtual-reality animation house, has banked $10 million in Series A funding led by TransLink Capital with participation from investors including Grammy winner Will.I.Am and Salesforce chief executive CEO Marc Benioff.

Other investors include Sway Ventures, which led Penrose’s historic seed-round funding of $8.5 million in 2016, along with Korea Telecom, Co-Made, 8VC, and Suffolk Equity.

Read more about the funding announcement at the Penrose Studios website.