Pencilish Animation Studios, with a pre-money valuation of $8.46 million, is raising funds on Wefunder. It is an animation studio created by top alumni of Disney, Sony Pictures, and Warner Bros. The studio aims to produce high-quality films, television, intellectual property, and animation that will be distributed through licensing, merchandise, and other revenue streams. Tom Bancroft founded Pencilish Animation Studios in October 2020 and has raised over $200,000 since its inception. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $1,070,000, and the funds will be used for marketing, project development, debt repayment, salaries, and general overhead expenses. Pencilish Animation Studios is led by a passionate team with years of experience in filmmaking and animation.