Baobab Studios Garners $25,000,000 New Funding

  • Feed Type
  • Date
    10/19/2016
  • Company Name
    Baobab Studios
  • Mailing Address
    Undisclosed Redwood City, CA 94065 USA
  • Company Description
    Baobab Studios is a virtual reality company that creates story and character-driven cinematic experiences.
  • Website
    http://www.baobabstudios.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This new round of funding will be used to develop more animated VR movies and grow Baobab on a global scale, said Maureen Fan, CEO of Baobab, in an interview with VentureBeat.
  • M&A Terms
  • Venture Investor
    Horizons Ventures
  • Venture Investor
    21st Century Fox
  • Venture Investor
    Evolution Media Growth Partners
  • Venture Investor
    LDV Partners
  • Venture Investor
    Comcast Ventures
  • Venture Investor
    HTC
  • Venture Investor
    Samsung Ventures

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