The animated virtual reality content producer's investors include Comcast, Samsung, HTC, Youku Tudou, Twentieth Century Fox and Shanghai Media Group.
US-based virtual reality animation startup Baobab Studios has completed a $25m series B round backed by a raft of media and entertainment-oriented firms.
The round included media companies Twentieth Century Fox and Shanghai Media Group, mass media group Comcast, consumer electronics manufacturers Samsung and HTC, and Youku Global Media Fund, a subsidiary of online video platform Youku Tudou.
Venture capital firm LDV Partners and Evolution Media Partners, the investment fund created by talent agency CAA and private equity group TPG,…
