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Baobab Studios valuation

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Equidam
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Baobab Studios, a virtual reality company that creates story-driven VR experiences, raised $25 million in a Series B funding round that valued the company at $167 million post-money. The high valuation was likely driven by the company's experienced founders from Zynga and DreamWorks, its promising VR technology, and the perceived high potential of the VR industry by investors.

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VAL U AT I O N B R E AK D O W N of $25mAmount Raised Series B Round VAL U AT I O N $167m Post-Money$125m $250m D R I V E R S October 18, 2016 C O M PA N Y VA L U AT I O N A N A LY S I S Credits for this infographic go to www.equidam.com 20% stake 15% stake 10% stake F U N D I N G H I S T O RY HIGH POTENIAL MARKET FOUNDERS’ EXPERIENCE21 $6m Series A Dec, 2015 $25m Series B Oct, 2016 Baobab Studios is a virtual reality company that creates story and character-driven cinematic experiences. TECHNOLOGY3 Investors mentioned that the company is developing a particular VR technology that would enable new storytelling techniques. This would be an additional competitive advantage of Baobab Studios. The company was founded by Maureen Fan, who was most recently VP of Games at Zynga; and Eric Darnell, the director of such DreamWorks animated features as the four "Madagascar” franchise films and “Antz". Their proven success most likely contributed towards a high valuation. The VR industry is believed to have high potential and it feels inevitable for many investors and companies. Many of them are in fact eager to jump in related opportunities as to ensure a role in this industry Appealing industry, experienced and successful founders, and technology are elements that likely allowed the company to close the round with a high valuation.

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Baobab Studios valuation

  • 1. VAL U AT I O N B R E AK D O W N of $25mAmount Raised Series B Round VAL U AT I O N $167m Post-Money$125m $250m D R I V E R S October 18, 2016 C O M PA N Y VA L U AT I O N A N A LY S I S Credits for this infographic go to www.equidam.com 20% stake 15% stake 10% stake F U N D I N G H I S T O RY HIGH POTENIAL MARKET FOUNDERS’ EXPERIENCE21 $6m Series A Dec, 2015 $25m Series B Oct, 2016 Baobab Studios is a virtual reality company that creates story and character-driven cinematic experiences. TECHNOLOGY3 Investors mentioned that the company is developing a particular VR technology that would enable new storytelling techniques. This would be an additional competitive advantage of Baobab Studios. The company was founded by Maureen Fan, who was most recently VP of Games at Zynga; and Eric Darnell, the director of such DreamWorks animated features as the four "Madagascar” franchise films and “Antz". Their proven success most likely contributed towards a high valuation. The VR industry is believed to have high potential and it feels inevitable for many investors and companies. Many of them are in fact eager to jump in related opportunities as to ensure a role in this industry Appealing industry, experienced and successful founders, and technology are elements that likely allowed the company to close the round with a high valuation.

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