Venture Reality Fund

The VR Fund brings expert guidance and resources to promising and early stage VR, AR and MR startups. The VR Fund seeks innovative companies across a wide variety of sectors – from infrastructure and development tools to content and applications. They are eager to help entrepreneurs bring industry-defining technology to market faster, and to positively impact their growth path by providing the capital, insights and strategic relationships needed at this critical time.

Tipatat Chennavasin

General Partner and Co-Founder

Marco DeMiroz

General Partner and Co-Founder

53 past transactions

Theta Labs, Inc.

Venture Round in 2017
Theta Labs pioneered Theta Network, the leading video delivery network powered by blockchain technology. Theta enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.

Phiar Technologies, Inc.

Seed Round in 2020
Phiar is an ultra-lightweight AI company, building the world's most advanced Ultra-Lightweight Spatial AI Engine to enable every vehicle to see its surroundings, running real-time at the edge, using just commodity mobile-grade processors and existing automotive computing platforms with a single camera. Focused first on powering our Intelligent AR Navigation Platform, as the anchoring/foundational use-case to transform driving experience and safety, and to ultimately enable the next-gen connected cars and ADAS services.

Apprentice FS, Inc.

Series A in 2018
Apprentice.io develops an intelligent manufacturing execution system that helps life science teams scale faster. From small and large molecule to cell and gene therapy, Apprentice's cloud-based system leverages artificial intelligence, augmented reality, and Pharma 4.0 to increase an organization's speed to market. Run your entire batch campaign and leverage data for continuous process improvement. It was formed in 2014 and headquartered in New Jersey, United States.

TheWaveVR

Series A in 2018
Wave focuses on interactive virtual experiences with a mission to help artists make money at the intersection of gaming and entertainment. Wave’s technology enables musicians to create lifelike avatars of themselves that can “perform” their music on a virtual stage. Most of these virtual shows take place either on the company’s YouTube channel, but Wave’s apps let users tune in on gaming consoles, phones or even the Oculus Rift VR headset. While watching a Wave, viewers can log in to comment in a chat function and give live feedback to the avatar performers.

InstaVR Inc.

Series A in 2016
InstaVR is out-of-box integrated SaaS Virtual Reality(VR) marketing solution. InstaVR enables anyone to quickly and easily author publish-ready interactive VR apps for all mobile and desktop platforms, and analyse user behaviours by using InstaVR heat-map display.

Proprio, Inc.

Venture Round in 2019
Proprio, Inc. develops a healthcare system for real-time immersive video and mediated reality interaction. It offers surgical microscopes, navigation systems, loupes, and screens to replace surgical microscopes. The company’s networked camera arrays, depth-sensing technology, and computer graphics processing enables users to navigate live 3D environments with a sense of presence and depth of field from any perspective. Proprio, Inc. was formerly known as eLoupes, Inc. The company was founded in 2016 and is headquartered in Seattle, Washington.

Virtualitics

Series B in 2021
VIP - Virtualitics Immsersive Platform: is a state-of-the-art data analytics platform available to enterprise customers in a collaborative virtual environment and desktop experience. The advanced, patented technology is based on a decade of research at California Institute of Technology and NASA/JPL. Through machine learning, a virtual environment and 3D visualization, users can uncover and share key insights that will unlock the future of their business.

Vivid Vision

Seed Round in 2017
Vivid Vision, Inc. develops interactive, immersive, and 3D games for people with amblyopia and strabismus. It offers Vivid Vision software suite that provides interactive tests for eye dominance, suppression, angle of deviation, contrast sensitivity, and more. The company’ Vivid Vision software suite also enables clinicians to monitor and control different aspects of patient's experience from a touchscreen monitor. It offers its products for eye clinics in North America. Vivid Vision, Inc. was formerly known as Apollo VR Corporation and changed its name to Vivid Vision, Inc. in March 2015. The company was incorporated in 2014 and is based in San Francisco, California.

Embodied Labs, Inc.

Seed Round in 2020
Embodied Labs, Inc. develops a virtual reality training platform that offers training support to family and caregivers. It offers The Embodied Labs immersive training platform that provides users with access to a growing library of virtual experience labs that simulate key problems and situations facing older adults and their caregivers. Embodied Labs, Inc. was incorporated in 2016 and is based in Los Angeles, California. It has locations in Los Angeles and San Francisco Bay Area, California; Chicago, Illinois; and Greenville, South Carolina.

Immersv, Inc.

Series A in 2017
Immersv is a virtual reality discovery and advertising platform, founded by the team that created the largest app distribution platform on facebook and then again on ios and android.

JADU AR Inc.

Series A in 2022
JADU AR Inc., doing business as 1RIC, develops a mobile application that enables users to perform with holograms of their favorite musicians, performers, and creators. The company’s application is available on App Store. JADU AR Inc. was incorporated in 2019 and is based in Los Angeles, California.

Obsess, Inc.

Series A in 2021
Obsess is reinventing the e-commerce experience on mobile to make it visual, interactive and contextual. To replace today's flat and tedious grid-of-thumbnails online shopping interface that hasn't changed in 25 years when it was created by Amazon to sell books. The Obsess cloud platform enables brands and retailers to run highly engaging and branded online virtual stores on their sites.

8th Wall Inc.

Venture Round in 2016
8th Wall increases the reach of augmented reality (AR) content with its developer platform, which makes it easy to build interactive AR experiences that run on all smartphones. Creators and developers can choose to deploy their content as a native app to both iOS and Android devices, or as a web experience that can be viewed directly in the user’s mobile browser, no apps needed. 8th Wall uses its own hyper-optimized Simultaneous Localization and Mapping (SLAM) engine to deliver markerless AR content to mobile apps and the web. Features include 6DoF positional tracking, surface detection, lighting estimation and world points to deliver an immersive experience capable of running on any device with a rear-facing camera.

YUR INC

Pre Seed Round in 2019
YUR is a fitness and health platform designed to make fitness a game using virtual reality. It makes fitness more engaging by making workouts more enjoyable and less taxing to the body by immersing the mind. The platform uses VR to combine gaming with fitness through content accessible to at-home users. YUR was founded in 2019 and is based in San Francisco, California.

GIBLIB

Seed Round in 2019
GIBLIB is a California-based company and is the "Netflix" of Medical Education. It is a place for surgeons to share medical lectures and surgical videos. Founded in 2015, GIBLIB is headquartered in Los Angeles, California.

InstaVR Inc.

Series B in 2018
InstaVR is out-of-box integrated SaaS Virtual Reality(VR) marketing solution. InstaVR enables anyone to quickly and easily author publish-ready interactive VR apps for all mobile and desktop platforms, and analyse user behaviours by using InstaVR heat-map display.

Virtualitics

Series A in 2017
VIP - Virtualitics Immsersive Platform: is a state-of-the-art data analytics platform available to enterprise customers in a collaborative virtual environment and desktop experience. The advanced, patented technology is based on a decade of research at California Institute of Technology and NASA/JPL. Through machine learning, a virtual environment and 3D visualization, users can uncover and share key insights that will unlock the future of their business.

AIR (AI Redefined)

Seed Round in 2018
AIR is a software company specialized in machine learning research and applications. Its vision is to build a brighter, smarter future by improving the synergy between people and AI; its mission, to provide a universal and safe digital place where AIs and people can learn continuously from each other. Its first product, Cogment (https://cogment.ai), is a high-performance, open source framework that allows multi-agent, multi-reward, continuous live training of AIs and Humans together in the same environment.

Theta Labs, Inc.

Venture Round in 2021
Theta Labs pioneered Theta Network, the leading video delivery network powered by blockchain technology. Theta enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.
THETA.tv is a next generation decentralized live streaming platform powered by blockchain technology. Theta Network enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.

TheWaveVR

Series B in 2020
Wave focuses on interactive virtual experiences with a mission to help artists make money at the intersection of gaming and entertainment. Wave’s technology enables musicians to create lifelike avatars of themselves that can “perform” their music on a virtual stage. Most of these virtual shows take place either on the company’s YouTube channel, but Wave’s apps let users tune in on gaming consoles, phones or even the Oculus Rift VR headset. While watching a Wave, viewers can log in to comment in a chat function and give live feedback to the avatar performers.

Phiar Technologies, Inc.

Seed Round in 2018
Phiar is an ultra-lightweight AI company, building the world's most advanced Ultra-Lightweight Spatial AI Engine to enable every vehicle to see its surroundings, running real-time at the edge, using just commodity mobile-grade processors and existing automotive computing platforms with a single camera. Focused first on powering our Intelligent AR Navigation Platform, as the anchoring/foundational use-case to transform driving experience and safety, and to ultimately enable the next-gen connected cars and ADAS services.

TheWaveVR

Seed Round in 2016
Wave focuses on interactive virtual experiences with a mission to help artists make money at the intersection of gaming and entertainment. Wave’s technology enables musicians to create lifelike avatars of themselves that can “perform” their music on a virtual stage. Most of these virtual shows take place either on the company’s YouTube channel, but Wave’s apps let users tune in on gaming consoles, phones or even the Oculus Rift VR headset. While watching a Wave, viewers can log in to comment in a chat function and give live feedback to the avatar performers.

Virtualitics

Series B in 2018
VIP - Virtualitics Immsersive Platform: is a state-of-the-art data analytics platform available to enterprise customers in a collaborative virtual environment and desktop experience. The advanced, patented technology is based on a decade of research at California Institute of Technology and NASA/JPL. Through machine learning, a virtual environment and 3D visualization, users can uncover and share key insights that will unlock the future of their business.

Vantage Point

Seed Round in 2018
Vantage Point develops and offers employee training programs to corporations. The company uses virtual reality (VR) software to train employees on enterprise training around topics such as diversity, equity and inclusion, and workplace anti-sexual harassment training. The company serves technology, consumer goods, consulting services, school districts, recruiting, and other sectors. Vantage Point was founded in 2017 and is based in Denver, Colorado.

Phiar Technologies, Inc.

Series A in 2021
Phiar is an ultra-lightweight AI company, building the world's most advanced Ultra-Lightweight Spatial AI Engine to enable every vehicle to see its surroundings, running real-time at the edge, using just commodity mobile-grade processors and existing automotive computing platforms with a single camera. Focused first on powering our Intelligent AR Navigation Platform, as the anchoring/foundational use-case to transform driving experience and safety, and to ultimately enable the next-gen connected cars and ADAS services.

Remio

Seed Round in 2022
Remio delivers a pre-configured VR headset to each team member and hosts the entire team for fun team-building experiences. Known as one of "the most fun ways to connect business teams", the VR HQ also offers collaboration tools such as whiteboarding, Jira project planning, and presentation rooms.

Artie Inc.

Pre Seed Round in 2019
Artie Inc. owns and operates platform for mobile games that can be shared and played inside social applications. Its platform enables features, including voice, texting, and camera input. Artie Inc. was incorporated in 2018 and is based in Los Angeles, California.

JADU AR Inc.

Seed Round in 2021
JADU AR Inc., doing business as 1RIC, develops a mobile application that enables users to perform with holograms of their favorite musicians, performers, and creators. The company’s application is available on App Store. JADU AR Inc. was incorporated in 2019 and is based in Los Angeles, California.

Spaces

Seed Round in 2016
Spaces, officially formed in January 2016, says it’s already working on a range of VR and mixed-reality projects with companies including NBCUniversal, Microsoft, Big Blue Bubble and the Hettema Group. Platforms it’s developing for include Oculus Rift, HTC Vive, Microsoft HoloLens, Samsung Gear VR, PlayStation VR and Google Cardboard. “Spaces has a compelling and clear vision to be the catalyst for companies looking to create VR and MxR (mixed reality) experiences,” Comcast Ventures managing director Michael Yang said in a statement. “Spaces is combining remarkable capabilities, tools and creativity to push the boundaries of the VR frontier.”

Doorstead, Inc.

Seed Round in 2019
Doorstead, Inc. offers property management services. The company provides services, such as photos and listings of properties, marketing exposure from rental platforms, property walkthrough, on demand showings, tenant screening, tenant lease agreement, move-in/out walkthrough, rent payment, maintenance and repairs, eviction handling, and annual inspections. Doorstead, Inc. was founded in 2019 and is headquartered in San Francisco, California.

8th Wall Inc.

Series A in 2018
8th Wall increases the reach of augmented reality (AR) content with its developer platform, which makes it easy to build interactive AR experiences that run on all smartphones. Creators and developers can choose to deploy their content as a native app to both iOS and Android devices, or as a web experience that can be viewed directly in the user’s mobile browser, no apps needed. 8th Wall uses its own hyper-optimized Simultaneous Localization and Mapping (SLAM) engine to deliver markerless AR content to mobile apps and the web. Features include 6DoF positional tracking, surface detection, lighting estimation and world points to deliver an immersive experience capable of running on any device with a rear-facing camera.

Obsess, Inc.

Seed Round in 2020
Obsess is reinventing the e-commerce experience on mobile to make it visual, interactive and contextual. To replace today's flat and tedious grid-of-thumbnails online shopping interface that hasn't changed in 25 years when it was created by Amazon to sell books. The Obsess cloud platform enables brands and retailers to run highly engaging and branded online virtual stores on their sites.

Interplay Learning

Series B in 2021
Interplay Learning is an information technology company that specializes in virtual reality and 3D solutions. It provides an online training platform that enables its users to conduct training via 3D simulations designed for career training in heating, ventilation and air conditioning (HVAC), electrical, energy auditing, manufacturing, facility maintenance, and construction codes.

Facemoji

Pre Seed Round in 2018
We're committed to making the internet more expressive, and to build a digital identity layer that is accessible to all.

The Rogue Initiative

Seed Round in 2016
Where the greatest storytellers from film and video games are converging to create new AAA experiences for virtual reality and digital media. The Rogue Initiative is a Los Angeles-based entertainment company composed of award-winning entertainment industry professionals including alumni from Amblin Entertainment, Pixar, Dreamworks Animation, Disney and Activision Entertainment creating new AAA virtual reality, digital media experiences, film, and television content.

Varjo Technologies

Series A in 2017
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Vizor.io

Seed Round in 2017
Vizor is an online platform that lets its users explore, create, and publish virtual reality on the web.

Mindshow, Inc

Series A in 2016
Visionary VR is a technology and content development studio, and the home of Visionary focus the revolutionary tool for virtual reality content creators that employs our proprietary system for storytelling, attention management and information delivery in VR.

Torch 3D Inc.

Seed Round in 2017
Torch 3D is an Augmented Reality Design Platform.Torch 3D is the developer of an AR and VR prototyping platform created to transform the way applications are built and experienced. The company's augmented and virtual reality prototyping platform helps the designer to develop and design in 3D for immersive VR environments almost instantly, with no prior knowledge of game or software development. It also empowers teams to iterate on prototypes across teams, on any platform or device, in real time.
THETA.tv is a next generation decentralized live streaming platform powered by blockchain technology. Theta Network enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.

Owlchemy Labs LLC

Series A in 2016
Owlchemy Labs LLC is a game studio that develops games and VR experiences. It focuses on mechanic-driven games and formed insane premises around them. The company was founded in 2010 and is headquartered in Austin, Texas. As of May 10, 2017, Owlchemy Labs LLC operates as a subsidiary of Alphabet Inc.

Sliver VR Technologies, Inc.

Seed Round in 2016
THETA.tv is a next generation decentralized live streaming platform powered by blockchain technology. Theta Network enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.

Apprentice FS, Inc.

Series B in 2020
Apprentice.io develops an intelligent manufacturing execution system that helps life science teams scale faster. From small and large molecule to cell and gene therapy, Apprentice's cloud-based system leverages artificial intelligence, augmented reality, and Pharma 4.0 to increase an organization's speed to market. Run your entire batch campaign and leverage data for continuous process improvement. It was formed in 2014 and headquartered in New Jersey, United States.

PLNAR

Series A in 2018
Smart Picture Technologies, Inc. develops digital measurement systems for collecting and storing accurate measurement data. Its systems enable users to create and share dimensions embedded in images between users, customers, and their contractors. The company solutions include visual scene information, dimension data, and user defined tags. It offers its solutions for applications, such as DIY and home improvement, medical and biometrics, package delivery and tracking, and field service and repairs. The company was incorporated in 2012 and is based in Austin, Texas.

Drifter Entertainment

Seed Round in 2016
Drifter helped create some of the most genre defining games of our generation. Each of us has spent years building the platforms that make AR and VR possible and now we’re channeling that passion and experience into making some of the best damn VR games in the world.

PlusOne

Seed Round in 2019
PlusOne, Inc. develops and operates an augmented reality and artificial intelligence platform. It builds and develops interactive artificial intelligent hologram engine which can detect human users’ emotions, biometrics, position, and gesture tracking through interaction. It human holograms enable enterprises train their employees for better interaction with their clients and business partners in different business contexts with immersive simulation, self-analysis and real time feedback, and time and space flexibility. The company was founded in 2016 and is based in San Francisco, California, with additional addresses in Tokyo, Japan and Beijing, China.

Replica Studios

Seed Round in 2019
Replica Studios creates naturally expressive voice-overs and performances through an AI that can replicate the human voice. It captures unique speech patterns, pronunciation, and emotional range to create a realistic Replica Voice. It was founded in 2018 and is headquartered in Brisbane, Queensland.