LOS ANGELES, CA, Chronicle Studios today announced it has raised $11.6 million in seed funding to pioneer a new model for franchise creation.
The round was led by Patron and Point72 Ventures with participation from Z Ventures, Sands Capital and other prominent investors.
Chronicle Studios is a VC-backed entertainment studio based in LA founded by Hollywood studio execs, media investors and AI entrepreneurs. We are pioneering a novel approach to franchise creation through early partnership with creators to launch and accelerate original IP. Our entry-point is animation, leveraging our proprietary promotion and analytics platform to identify opportunities in TV, feature film, and short-form series.
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