Financial Backing to Drive Development and Production Pipeline for Oakland-based VR Studio Formed by Pixar Veterans; Launches Mars Odyssey Simulation
OAKLAND, CA – August 31, 2016 – Steel Wool Studios – an independent VR development studio formed by creative veterans of Pixar Animation Studios, Lucasfilm, and Telltale Games – today announced that it has raised $5 million in Series A funding from HTC Corporation. The funding will support development of multiple medium-pushing VR projects already underway, which span game, simulation, and narrative-based concepts. The first of these upcoming projects, interactive simulation Mars Odyssey, will launch on Steam on September 9. In April, the studio launched Quar: Battle for Gate 18, an action strategy title, on Steam for the HTC Vive.
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