Fundraising Fox

The Rogue Initiative

8 known investors

Next-generation production studio producing original global entertainment properties at the convergence of film, TV, games, and VR.

Also known as Rogue Initiative

Investors · 8

Also in the syndicate · 5

CBT Capital LimitedleadCharge VenturesGame HollywoodHTC ViveXThe VR Fund

Company profile

researched Aug 2026

The Rogue Initiative is a Los Angeles-based, full-spectrum production studio that develops original entertainment intellectual property positioned at the convergence of film, television, video games and virtual reality. Established in 2016, the company is staffed by entertainment and interactive industry veterans, including alumni of Amblin Entertainment, Pixar, DreamWorks Animation, Sony Pictures, Disney and Activision. Co-founder, CEO and Creative Director Pete Blumel previously worked at DreamWorks Feature Animation, Amblin Entertainment and Activision's Infinity Ward studio on Call of Duty: Modern Warfare; co-founder Cathy Twigg serves as Chief Content and Production Officer and previously worked at DreamWorks Feature Animation, Sony Pictures Television, MTV Films, New Crime Productions and Bandeira Entertainment. Hrish Lotlikar is listed as Co-Founder and Chief Business Development Officer.

The studio's early slate included Crowe: The Drowned Armory, an interactive VR game experience for high-end headsets released in 2017 on HTC platforms with optimization planned for Oculus and PSVR, and Agent Emerson, a live-action 360-degree VR film experience directed by Ilya Rozhkov and shot in Baton Rouge, starring Lyndsy Fonseca and Tony Denison, intended as the pilot of the Identity Experience series. The company also built a proprietary head-mounted camera rig, the IC-Cam, using 21-23 cameras to capture 360-degree first-person stereoscopic footage at up to 6K per eye with 3-axis stabilization.

The company works with established Hollywood talent as partners and advisers, including director Michael Bay (strategic adviser, stakeholder and partner since June 2016) and producer Lynda Obst, alongside advisers Matthew Cohan (Bay Films), Cliff Plumer (THE VOID), Cody Simms (Techstars) and Ryan Wang (Outpost Capital).

Founding story

The company was established in 2016. Co-founder and CEO Pete Blumel, who worked in both filmmaking and game development, described anticipating a convergence of the two industries more than a decade earlier and building The Rogue Initiative as a bridge between them, bringing technology and talent under one roof to produce globally marketable story worlds.

Business model

The Rogue Initiative creates and owns original entertainment properties designed from inception to extend across multiple media, using VR work to build awareness for the same IP in film and television and reaching audiences through a multi-channel distribution approach. A proprietary content authoring pipeline is used to reduce production costs and scale asset and IP creation. The company uses a hybrid technology-company and production-finance structure, raising capital at the holding-company level as well as within special purpose vehicles for individual productions.

Revenue is intended to come from ownership and exploitation of original transmedia entertainment IP across feature film, television, virtual reality, gaming, location-based entertainment, arcades and merchandising.

Traction

As of mid-2017 the studio had released Crowe: The Drowned Armory on HTC VR platforms with Oculus and PSVR versions in progress, completed production of the 360-degree VR film Agent Emerson (in post-production with a late-summer 2017 release planned across major VR platforms), and secured a seed round plus a seven-figure Series A. Staff size is listed in the 11-50 employee range, and the Baton Rouge expansion was projected to create 20 direct and 15 indirect jobs.

Latest developments

In April 2017 the company announced a Baton Rouge, Louisiana satellite studio supported by Louisiana's Digital Interactive Media and Software Development Incentive, with operations slated to begin by November 2017. In May 2017 it announced a seven-figure Series A led by CBT Capital Limited, intended to fund development of original film, television and immersive entertainment IP and related technology, and stated it would seek additional capital and strategic partnerships for its VR, film and television slate.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a studio bridging Hollywood filmmaking and AAA interactive/VR production, targeting the combined global market for feature film, television, virtual reality, gaming, location-based entertainment, arcades and merchandising. Coverage described it as among the notable firms in cinematic virtual reality entertainment.

The team combines Hollywood production credits with AAA interactive development experience, allowing a single group to originate characters and worlds that cross media. Supporting differentiators cited include a proprietary content authoring pipeline for cost-efficient asset and IP scaling, the in-house IC-Cam first-person 360-degree 3D capture rig, ownership of original IP developed as transmedia from the outset, and partnerships with named filmmakers such as Michael Bay and Lynda Obst.

Technology

The studio combines game-engine and interactive production techniques with cinematic storytelling, supported by a proprietary content authoring pipeline for scalable asset and IP creation. It developed the IC-Cam, a lightweight head-mounted capture rig with 21-23 cameras providing full 360-degree first-person POV in 3D including the performer's body in frame with no blind spots, final resolution up to 6K per eye, and 3-axis stabilization for smooth movement.

Go-to-market

The company pursues collaborations with filmmakers, studios and technology companies, and partnerships with named Hollywood talent, to originate and market its properties. It cited planned distribution partnerships with VR and console platform holders, Chinese publishers and arcades, and streaming and pay-TV services, and stated an intent to seek additional capital and strategic partners to fund its slate.

Global entertainment consumers reached through VR, film, television, mobile, gaming, arcade and location-based entertainment channels, with distribution intermediaries including platform holders (Sony, Oculus, HTC, Microsoft), Chinese game publishers and arcade operators, and streaming or television outlets such as HBO, Epix, Netflix, Hulu, Amazon, Littlstar, iQiyi and Youku cited as targets.

Geography

Headquartered in Los Angeles (with a Hollywood, California address used in its announcements). In April 2017 the company announced a satellite studio in Baton Rouge, Louisiana, to develop interactive entertainment projects, with operations to begin by November 2017. Its investor CBT Capital was intended to support a China market strategy for production and distribution.

History

Founded in 2016 in Los Angeles. In June 2016 Michael Bay partnered with the studio and joined as a strategic adviser to develop original entertainment properties for VR and immersive entertainment. The company launched with a seed round led by Presence Capital. In April 2017 it announced a Baton Rouge satellite studio with support from Louisiana Economic Development, projecting 20 direct jobs at an average salary of $55,000. In May 2017 it announced a seven-figure Series A led by China-based CBT Capital Limited. Around the same period it released Crowe: The Drowned Armory on HTC platforms and had the VR film Agent Emerson in post-production.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average annual salary of new Baton Rouge jobsApr 2017$55K
Employee count rangeJan 201711-50
Estimated indirect jobs from Baton Rouge projectApr 201715 jobs
Planned direct jobs in Baton RougeApr 201720 jobs

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
May 2017
Seven-figure Series A led by CBT Capital Limited

The studio secured a seven-figure Series A round led by CBT Capital Limited, a China-based 2 billion RMB culture and media fund partnered with CRTV, to fund development of original traditional and immersive film and television IP and related technologies.

source ↗

May 2017
Crowe: The Drowned Armory VR game released

The studio's first interactive VR game experience, the opening chapter of a science-fiction/fantasy world, was released on HTC VR platforms, with optimization underway for Oculus and PlayStation VR.

source ↗

Apr 2017
Baton Rouge satellite studio announced

Founders Pete Blumel and Cathy Twigg announced a satellite studio in Baton Rouge, Louisiana to develop interactive entertainment projects, creating 20 direct jobs at an average annual salary of $55,000 plus an estimated 15 indirect jobs; operations were to begin by November 2017, supported by Louisiana's Digital Interactive Media and Software Development Incentive.

source ↗

Jan 2017
Agent Emerson VR film experience

A live-action 360-degree VR film directed by Ilya Rozhkov and shot in Baton Rouge, starring Lyndsy Fonseca and Tony Denison, serving as the pilot of the Identity Experience series; it was in post-production in May 2017 with a late-summer release planned for major VR platforms.

source ↗

Jun 2016
Michael Bay partners with The Rogue Initiative as strategic adviser

Producer-director Michael Bay partnered with the studio to develop original story-driven, cinematic VR entertainment properties and joined as a strategic adviser and stakeholder. Producer Lynda Obst holds a similar partnership role.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does The Rogue Initiative do?
Los Angeles production studio creating original film, TV, game and VR entertainment properties from a single cross-media pipeline.
Who are The Rogue Initiative's investors?
The Rogue Initiative's investors include Colopl Next, Outpost Capital, Presence Capital.