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Baobab Studios Raises $25 Million in New Funding Round

Road to VR

Original investors included Comcast Ventures, HTC and Samsung, but now join Horizons Ventures, Twentieth Century Fox, Evolution Media Partners (backed by TPG and CAA), China’s Shanghai Media Group, Youku Global Media Fund and LDV Partners. SEE ALSO Comcast, Samsung, and HTC Join $6 Million Investment in VR Animation Studio 'Baobab'.

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Baobab’s ‘Invasion’ Has Reportedly Been Downloaded ‘Well Over 1 Million’ Times

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Fan was most recently the vice president of games at Zynga before starting Baobab with Madagascar and Antz director Eric Darnell. Invasion is available for free on just about every VR platform available to date including Oculus Rift, Samsung Gear VR, Google Daydream, PlayStation VR and HTC Vive.

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Actress Elizabeth Banks Brings Pedigree To VR Animation ASTEROIDS!

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Now, a major actress is making her way into the new immersive media by lending her voice to an animated VR feature. directed by the same person responsible for Madagascar and narrated by Ethan Hawke. A sneak peak at the film is available on Samsung Gear, Google Daydream, and the Oculus storefront starting today.

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Venture Capitalists Contemplate How Much Exuberance Is Good for VR Investing

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Above: The Oculus Touch controls let you navigate independently with each hand in VR. Image Credit: Oculus. But recently both Google and Oculus have gotten behind it, and as a result we’re seeing accelerated adoption of web VR. Above: Oculus Rift is just the start of the VR marketplace. Image Credit: Oculus VR.

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