Venture Reality Fund

The Venture Reality Fund, established in 2016 and based in Redwood City, California, is a venture capital firm that focuses on early-stage startups in the augmented reality, virtual reality, and mixed reality sectors. The firm aims to drive innovation at the intersection of immersive and intelligent computing, targeting companies in various industries, including consumer products, enterprise solutions, artificial intelligence, and healthcare. The Venture Reality Fund operates globally, making investments primarily in North America, Japan, Europe, and South Korea. Its second fund, launched in 2021, plans to execute at least 35 investments, further solidifying its commitment to advancing technology in both consumer and enterprise markets.

Tipatat Chennavasin

Co-Founder and General Partner

Marco DeMiroz

Co-Founder and General Partner

53 past transactions

Digital Village

Seed Round in 2023
An online platform that brings a professional network of digital specialists together to build teams, products and solve business technology problems.

Monaverse

Series A in 2022
Mona is building the tools and protocols to grow the open metaverse.

Jadu

Series A in 2022
Jadu AR Inc., operating under the name Jadu, is a company based in Los Angeles, California, that specializes in augmented reality technology. Founded in 2019, Jadu has developed a mobile application that enables users to engage with holograms of their favorite musicians and performers, allowing fans to perform alongside these virtual representations. The application is available on the App Store, enhancing the interactive entertainment experience for users by blending real and digital performances.

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.

RSTLSS

Seed Round in 2022
Developer of a digital fashion label designed to help users express their identities freely and fluidly. The company's platform offers the freedom and access to create and sell multiverse fashion through an engaging, gamified experience and also grows crypto-native brands and onboards traditional internet protocols into the metaverse via curated non-fungible token drops, enabling artists, brands and influencers to create and monetize wearables and merchandise in the metaverse and take ultimate control over their visual identities.

Inworld

Seed Round in 2022
Developer of an AI-based platform designed to populate immersive realities including the metaverse, VR and AR, games, and virtual worlds. The company offers to virtual human characters to build and deploy virtual characters for a variety of use cases, enabling clients to leverage and streamline their creative process.

Jadu

Seed Round in 2021
Jadu AR Inc., operating under the name Jadu, is a company based in Los Angeles, California, that specializes in augmented reality technology. Founded in 2019, Jadu has developed a mobile application that enables users to engage with holograms of their favorite musicians and performers, allowing fans to perform alongside these virtual representations. The application is available on the App Store, enhancing the interactive entertainment experience for users by blending real and digital performances.

Phiar

Series A in 2021
Phiar Technologies, Inc. is an artificial intelligence company based in Boston, Massachusetts, founded in 2017. The company specializes in developing an ultra-lightweight Spatial AI Engine designed to enable vehicles to perceive their surroundings in real-time using only commodity mobile-grade processors and a single camera. Phiar's primary focus is on its Intelligent Augmented Reality (AR) Navigation Platform, which aims to enhance the driving experience by providing intuitive routing directions on a 2D map. This application offers real-time road understanding, allowing drivers to follow directions without diverting their attention from the road, thereby improving safety and facilitating the advancement of connected cars and advanced driver-assistance systems (ADAS).

Obsess

Series A in 2021
Obsess, Inc. is a New York-based company that specializes in developing an augmented and virtual reality software platform aimed at enhancing the online shopping experience. Founded in 2016, Obsess enables brands and retailers to create immersive, discovery-driven 360-degree shopping environments that can be integrated across various channels, including websites, social media, and in-store events. The platform allows businesses to set up interactive, three-dimensional virtual stores, transforming traditional online shopping from a static interface into a visually engaging experience. By focusing on creating a more contextual and branded shopping journey, Obsess seeks to redefine e-commerce and provide customers with a more dynamic way to explore and purchase products.

Virtualitics

Series B in 2021
Virtualitics Inc is a data analytics and visualization company based in Pasadena, California, founded in 2015. The company specializes in machine learning, artificial intelligence, and advanced 3D visualization through its flagship product, the Virtualitics Immersive Platform. This platform provides enterprises with a collaborative virtual environment and desktop experience, enabling users to uncover actionable insights from their data. The technology behind the platform is rooted in over a decade of research at the California Institute of Technology and NASA/JPL. In addition to its core offerings, Virtualitics also provides expert advisory services in machine learning, helping organizations leverage data for better decision-making.

Theta Labs

Venture Round in 2021
Theta Labs, Inc., founded in 2017 and based in Cupertino, California, is the developer of the Theta Network, a decentralized blockchain-powered video streaming platform. The network enables users to share their bandwidth in a peer-to-peer manner, facilitating efficient video delivery while rewarding them with cryptocurrency. By leveraging existing streaming applications, Theta Network allows users to stream live content from popular platforms with reduced latency, thereby lowering content delivery costs for video providers. The company has attracted strategic investments from notable corporate entities, including Samsung NEXT and Sony Innovation Fund, as well as various media and venture capital firms. Theta Labs operates as a subsidiary of Sliver VR Technologies, Inc.

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.

Apprentice

Series B in 2020
Apprentice FS, Inc. offers an industrial augmented reality platform tailored for research and development, as well as manufacturing sectors, particularly within the life sciences. Founded in 2014 and based in Jersey City, New Jersey, the company provides an intelligent manufacturing execution system that incorporates artificial intelligence and augmented reality technologies. Its platform features modules such as Tandem, Manuals, and BioCapture, which are compatible with various smart glasses and facilitate hands-free operation in laboratory and manufacturing environments. This system allows users to record data, manage batch records, and oversee assays and procedures while ensuring critical information is readily available, thereby minimizing process deviations. Apprentice serves a range of industries, including pharmaceuticals, biotech, chemicals, consumer goods, and cosmetics, aiming to enhance efficiency and speed in drug production and other processes.

Obsess

Seed Round in 2020
Obsess, Inc. is a New York-based company that specializes in developing an augmented and virtual reality software platform aimed at enhancing the online shopping experience. Founded in 2016, Obsess enables brands and retailers to create immersive, discovery-driven 360-degree shopping environments that can be integrated across various channels, including websites, social media, and in-store events. The platform allows businesses to set up interactive, three-dimensional virtual stores, transforming traditional online shopping from a static interface into a visually engaging experience. By focusing on creating a more contextual and branded shopping journey, Obsess seeks to redefine e-commerce and provide customers with a more dynamic way to explore and purchase products.

Wave

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

Seed Round in 2020
Phiar Technologies, Inc. is an artificial intelligence company based in Boston, Massachusetts, founded in 2017. The company specializes in developing an ultra-lightweight Spatial AI Engine designed to enable vehicles to perceive their surroundings in real-time using only commodity mobile-grade processors and a single camera. Phiar's primary focus is on its Intelligent Augmented Reality (AR) Navigation Platform, which aims to enhance the driving experience by providing intuitive routing directions on a 2D map. This application offers real-time road understanding, allowing drivers to follow directions without diverting their attention from the road, thereby improving safety and facilitating the advancement of connected cars and advanced driver-assistance systems (ADAS).

Embodied Labs

Seed Round in 2020
Embodied Labs, Inc. is a company that specializes in a virtual reality training platform designed to support family members and caregivers of older adults. Founded in 2016 and headquartered in Los Angeles, California, it offers an immersive training experience through a library of virtual labs that simulate challenges faced by older adults and their caregivers. The platform aims to foster cultural change in long-term care, home health, and educational organizations by enhancing the understanding and empathy of caregivers towards their patients. The training curriculum is practical and user-friendly, focusing on skill development while utilizing data analytics to track performance and provide feedback to caregivers. Embodied Labs has locations in the San Francisco Bay Area, Chicago, and Greenville, South Carolina, and has been recognized for its innovative approach to caregiver education.

Replica Studios

Seed Round in 2019
Replica Studios is a company that specializes in voice imitation software, enabling the creation of expressive voice-overs and performances through advanced artificial intelligence. Founded in 2018 and based in Brisbane, Queensland, the company’s technology captures unique speech patterns, accents, and emotional nuances to produce realistic voice replicas. This innovative platform allows creative professionals and voice actors to scale and license their voices for various applications, including video games, movies, streaming services, and advertising. By leveraging AI, Replica Studios enhances the capabilities of content creators, offering a new dimension to audio production.

PlusOne

Seed Round in 2019
PlusOne, Inc. is a technology company specializing in augmented reality and artificial intelligence, developing a mixed reality platform that features interactive human holograms. Founded in 2016 and headquartered in San Francisco, California, with additional offices in Tokyo and Beijing, PlusOne's platform enables enterprises to train employees for improved interactions with clients and business partners across various contexts. Its technology utilizes emotion detection, biometrics, position tracking, and gesture recognition to create immersive training simulations that provide real-time feedback and promote self-analysis. This innovative approach offers flexibility in time and space, enhancing the overall training experience for businesses.

Doorstead

Seed Round in 2019
Doorstead, Inc. is a property management company based in San Francisco, California, founded in 2019. The company offers a comprehensive range of services designed to facilitate the rental process for property owners. These services include property marketing, tenant screening, lease agreements, maintenance, and handling evictions. Doorstead distinguishes itself by providing a rental guarantee, which ensures that property owners receive rent at a predetermined rate, even if the property remains vacant for a period. This approach minimizes vacancies and enhances rental earnings while reducing the need for extensive oversight by owners. By leveraging technology and operational efficiencies, Doorstead aims to simplify property management and improve the overall experience for both property owners and tenants.

YUR

Pre Seed Round in 2019
YUR Inc. is a fitness and health platform that utilizes virtual reality to transform workouts into engaging gaming experiences. Founded in 2019 and based in San Francisco, California, YUR develops software solutions that allow users to track their fitness and health metrics while participating in VR games. The mobile companion application enables calorie tracking, making fitness more enjoyable and accessible for at-home users. By combining gaming with physical activity, YUR aims to create a more immersive and less taxing approach to fitness.

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.

Proprio

Venture Round in 2019
Proprio, Inc. is a Seattle-based healthcare technology company founded in 2016, specializing in next-generation surgical navigation and imaging solutions. The company develops a platform that integrates machine learning, automated intelligence, and mixed-reality user interfaces to enhance surgical accuracy and streamline workflows. By utilizing advanced technologies such as light field computer vision and depth-sensing capabilities, Proprio's system replaces traditional surgical microscopes, navigation systems, and loupes, offering a more immersive 3D environment for medical professionals. This innovative approach aims to improve patient outcomes while allowing for greater adaptability in surgical practices. Proprio's vision extends beyond mere technological upgrades; the company seeks to revolutionize the medical field by harnessing software development techniques, thereby enabling rapid innovation and a more integrated use of data and artificial intelligence in surgery.

Artie

Pre Seed Round in 2019
Artie Inc. operates a mobile gaming platform that allows users to share and play games instantly within popular social applications such as Instagram, TikTok, Facebook, Snapchat, YouTube, and Twitter, without requiring additional app downloads or integration. Founded in 2018 and based in Los Angeles, Artie's technology enables high-quality, Unity-made games to be streamed from the cloud, bypassing traditional app stores and their associated fees. The platform enhances user engagement with next-gen features such as voice, texting, and camera input, fostering deeper interaction between players and games. Artie's team comprises professionals from notable companies like Activision/Blizzard, Disney, and Facebook, contributing expertise in AI, engineering, and interactive storytelling. The company has attracted investment from prominent figures and firms, including Scooter Braun and Warner Music Group, highlighting its innovative approach to mobile gaming and distribution.

AI Redefined

Seed Round in 2018
AI Redefined is a software company focused on advancing machine learning research and applications. The company aims to enhance the interaction between humans and artificial intelligence by creating a universal and secure digital environment for continuous learning. Its flagship product, Cogment, is an open-source framework designed for the simultaneous live training of both AIs and humans within the same setting. This platform provides various tools and infrastructure, including operator AI apprentices and adaptive learning features, facilitating seamless human-AI collaboration. By emphasizing adaptive training and fine-tuning, AI Redefined enables clients to establish effective partnerships between technology and people, fostering innovation and improving overall outcomes.

Phiar

Seed Round in 2018
Phiar Technologies, Inc. is an artificial intelligence company based in Boston, Massachusetts, founded in 2017. The company specializes in developing an ultra-lightweight Spatial AI Engine designed to enable vehicles to perceive their surroundings in real-time using only commodity mobile-grade processors and a single camera. Phiar's primary focus is on its Intelligent Augmented Reality (AR) Navigation Platform, which aims to enhance the driving experience by providing intuitive routing directions on a 2D map. This application offers real-time road understanding, allowing drivers to follow directions without diverting their attention from the road, thereby improving safety and facilitating the advancement of connected cars and advanced driver-assistance systems (ADAS).

Apprentice

Series A in 2018
Apprentice FS, Inc. offers an industrial augmented reality platform tailored for research and development, as well as manufacturing sectors, particularly within the life sciences. Founded in 2014 and based in Jersey City, New Jersey, the company provides an intelligent manufacturing execution system that incorporates artificial intelligence and augmented reality technologies. Its platform features modules such as Tandem, Manuals, and BioCapture, which are compatible with various smart glasses and facilitate hands-free operation in laboratory and manufacturing environments. This system allows users to record data, manage batch records, and oversee assays and procedures while ensuring critical information is readily available, thereby minimizing process deviations. Apprentice serves a range of industries, including pharmaceuticals, biotech, chemicals, consumer goods, and cosmetics, aiming to enhance efficiency and speed in drug production and other processes.

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.

Vantage Point

Seed Round in 2018
Vantage Point is a Denver-based company founded in 2017 that specializes in developing immersive employee training programs using virtual reality (VR) technology. The company focuses on critical topics such as diversity, equity and inclusion, and workplace anti-sexual harassment training. By leveraging VR, Vantage Point aims to foster empathy and enhance the training experience, enabling employees to engage more deeply with the material. The platform is designed to be cost-effective and accessible, catering to a variety of sectors, including technology, consumer goods, consulting services, and education. Vantage Point serves a diverse clientele, including Fortune 500 companies and global law firms, while emphasizing the importance of soft skills and emotional intelligence in the workplace. The company is led by a female executive team, including former leadership from a prominent software firm, and is committed to making training more impactful and human-centric.

InstaVR

Series B in 2018
InstaVR Inc. is a company that provides tools for virtual reality (VR) creators to develop and publish VR applications across multiple platforms. Founded in 2015 and based in San Francisco, the company offers a web-based authoring tool called InstaVR, which allows users to import various VR content, customize applications, and publish them. Additionally, InstaVR offers several VR applications, including AAA VR Cinema, Tokyo VR, Snow-mountain VR, and VR Tour Hub, each designed to enhance user experience in different ways, such as enabling virtual tours and supporting diverse VR video formats. The company also creates customized VR applications tailored to various industries, including real estate, tourism, education, and entertainment. InstaVR's technology includes features for analyzing user behavior, making it easier for creators to optimize their content.

Wave

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.

Alter

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.

Virtualitics

Series B in 2018
Virtualitics Inc is a data analytics and visualization company based in Pasadena, California, founded in 2015. The company specializes in machine learning, artificial intelligence, and advanced 3D visualization through its flagship product, the Virtualitics Immersive Platform. This platform provides enterprises with a collaborative virtual environment and desktop experience, enabling users to uncover actionable insights from their data. The technology behind the platform is rooted in over a decade of research at the California Institute of Technology and NASA/JPL. In addition to its core offerings, Virtualitics also provides expert advisory services in machine learning, helping organizations leverage data for better decision-making.

8th Wall

Series A in 2018
8th Wall Inc. is a developer of an augmented reality (AR) platform that facilitates the creation and deployment of interactive AR content on the mobile web. Founded in 2016 and based in Palo Alto, California, the company offers a range of solutions including 8th Wall XR, a developer platform for building mobile AR applications that can be accessed via any existing website or deployed as native apps on iOS and Android devices. 8th Wall's technology utilizes a proprietary Simultaneous Localization and Mapping (SLAM) engine to deliver markerless AR experiences, featuring advanced capabilities such as 6DoF positional tracking and surface detection. Additionally, the platform includes tools like XR Remote for testing applications and Cloud Editor for collaborative project development. 8th Wall serves various industries, including retail, travel, and entertainment, enabling developers to create AR-enriched applications quickly and effectively for a wide array of mobile devices.

Theta Labs

Venture Round in 2017
Theta Labs, Inc., founded in 2017 and based in Cupertino, California, is the developer of the Theta Network, a decentralized blockchain-powered video streaming platform. The network enables users to share their bandwidth in a peer-to-peer manner, facilitating efficient video delivery while rewarding them with cryptocurrency. By leveraging existing streaming applications, Theta Network allows users to stream live content from popular platforms with reduced latency, thereby lowering content delivery costs for video providers. The company has attracted strategic investments from notable corporate entities, including Samsung NEXT and Sony Innovation Fund, as well as various media and venture capital firms. Theta Labs operates as a subsidiary of Sliver VR Technologies, Inc.

Varjo

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.

THETA.tv

Series A in 2017
THETA.tv is a decentralized live streaming platform that leverages blockchain technology to enhance video delivery and monetization. Founded in 2015 and based in Cupertino, California, the platform allows users to stream and view content on various devices, including PCs, mobile phones, Smart TVs, and IoT devices. By utilizing a peer-to-peer network, THETA.tv incentivizes users to share their bandwidth, thereby reducing content delivery costs and creating additional revenue streams for existing video platforms. The company has attracted notable investments from strategic corporate partners such as Samsung NEXT and the Sony Innovation Fund, as well as media investors like Bertelsmann Digital Media Investments and Creative Artists Agency, alongside established Silicon Valley venture capital firms.

Immersv

Series A in 2017
Immersv, Inc. is a company based in Castro Valley, California, that specializes in mobile virtual reality application distribution. Founded in 2015, it has developed a platform that facilitates the discovery and advertising of virtual reality content. The platform merges interactive 360-degree advertising with programmatic real-time bidding, enabling advertisers to effectively serve ads within virtual reality applications, games, and augmented reality content. This approach helps developers enhance both the distribution and monetization of their content while connecting advertisers with consumers through immersive experiences. Immersv aims to drive mass consumer adoption of digital markets in the evolving landscape of virtual and augmented reality.

Torch 3D

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.

Vivid Vision

Seed Round in 2017
Vivid Vision, Inc. is a technology company that specializes in developing interactive and immersive 3D games aimed at treating visual disorders such as amblyopia and strabismus. The company offers a software suite that provides various interactive tests to assess eye dominance, suppression, angle of deviation, and contrast sensitivity. This suite allows clinicians to monitor and manage the patient experience through a touchscreen interface. By utilizing virtual reality, Vivid Vision's system measures eye muscle imbalances and delivers tailored visual stimuli to each eye, thereby facilitating the treatment of binocular vision issues. Founded in 2014 and based in San Francisco, California, Vivid Vision primarily serves eye clinics across North America. The company was formerly known as Apollo VR Corporation before rebranding in March 2015.

Vizor.io

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

Virtualitics

Series A in 2017
Virtualitics Inc is a data analytics and visualization company based in Pasadena, California, founded in 2015. The company specializes in machine learning, artificial intelligence, and advanced 3D visualization through its flagship product, the Virtualitics Immersive Platform. This platform provides enterprises with a collaborative virtual environment and desktop experience, enabling users to uncover actionable insights from their data. The technology behind the platform is rooted in over a decade of research at the California Institute of Technology and NASA/JPL. In addition to its core offerings, Virtualitics also provides expert advisory services in machine learning, helping organizations leverage data for better decision-making.

THETA.tv

Series A in 2017
THETA.tv is a decentralized live streaming platform that leverages blockchain technology to enhance video delivery and monetization. Founded in 2015 and based in Cupertino, California, the platform allows users to stream and view content on various devices, including PCs, mobile phones, Smart TVs, and IoT devices. By utilizing a peer-to-peer network, THETA.tv incentivizes users to share their bandwidth, thereby reducing content delivery costs and creating additional revenue streams for existing video platforms. The company has attracted notable investments from strategic corporate partners such as Samsung NEXT and the Sony Innovation Fund, as well as media investors like Bertelsmann Digital Media Investments and Creative Artists Agency, alongside established Silicon Valley venture capital firms.

8th Wall

Venture Round in 2016
8th Wall Inc. is a developer of an augmented reality (AR) platform that facilitates the creation and deployment of interactive AR content on the mobile web. Founded in 2016 and based in Palo Alto, California, the company offers a range of solutions including 8th Wall XR, a developer platform for building mobile AR applications that can be accessed via any existing website or deployed as native apps on iOS and Android devices. 8th Wall's technology utilizes a proprietary Simultaneous Localization and Mapping (SLAM) engine to deliver markerless AR experiences, featuring advanced capabilities such as 6DoF positional tracking and surface detection. Additionally, the platform includes tools like XR Remote for testing applications and Cloud Editor for collaborative project development. 8th Wall serves various industries, including retail, travel, and entertainment, enabling developers to create AR-enriched applications quickly and effectively for a wide array of mobile devices.

Drifter

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.

InstaVR

Series A in 2016
InstaVR Inc. is a company that provides tools for virtual reality (VR) creators to develop and publish VR applications across multiple platforms. Founded in 2015 and based in San Francisco, the company offers a web-based authoring tool called InstaVR, which allows users to import various VR content, customize applications, and publish them. Additionally, InstaVR offers several VR applications, including AAA VR Cinema, Tokyo VR, Snow-mountain VR, and VR Tour Hub, each designed to enhance user experience in different ways, such as enabling virtual tours and supporting diverse VR video formats. The company also creates customized VR applications tailored to various industries, including real estate, tourism, education, and entertainment. InstaVR's technology includes features for analyzing user behavior, making it easier for creators to optimize their content.

THETA.tv

Seed Round in 2016
THETA.tv is a decentralized live streaming platform that leverages blockchain technology to enhance video delivery and monetization. Founded in 2015 and based in Cupertino, California, the platform allows users to stream and view content on various devices, including PCs, mobile phones, Smart TVs, and IoT devices. By utilizing a peer-to-peer network, THETA.tv incentivizes users to share their bandwidth, thereby reducing content delivery costs and creating additional revenue streams for existing video platforms. The company has attracted notable investments from strategic corporate partners such as Samsung NEXT and the Sony Innovation Fund, as well as media investors like Bertelsmann Digital Media Investments and Creative Artists Agency, alongside established Silicon Valley venture capital firms.

Wave

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.

Owlchemy Labs

Series A in 2016
Owlchemy Labs LLC is a game studio based in Austin, Texas, founded in 2010. The company specializes in developing mechanic-driven games and virtual reality experiences, focusing on creating absurd and polished titles. Owlchemy Labs has produced a variety of original games for over 20 platforms, including notable titles such as Job Simulator, which was featured at Sundance, and the Adult Swim published Rick and Morty Simulator: Virtual Rick-ality. Other acclaimed games include Dyscourse, Jack Lumber, Snuggle Truck, and Aaaaaculus!, developed in collaboration with Dejobaan. As a pioneer in the VR space, Owlchemy Labs has contributed to the gaming community by sharing its expertise and knowledge, notably through the VR Austin group, which has grown to over 2,000 members. The company continues to be influential in the development of virtual reality gaming.

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.”

Mindshow

Series A in 2016
Mindshow is a technology and content development studio focused on simplifying and enhancing the process of story creation in virtual reality. It operates a three-dimensional animation studio that allows users to create animated movies easily and enjoyably. By utilizing its proprietary tools, Mindshow enables clients to bring characters to life through voice and body movements, as well as record actions from various angles. This innovative approach empowers content creators to effectively develop and share their narratives within a virtual reality environment.

The Rogue Initiative

Seed Round in 2016
The Rogue Initiative is a Los Angeles-based entertainment studio specializing in virtual reality and digital media. The company develops cinematic content and immersive experiences for applications in video games, film, and television. Comprising a team of award-winning professionals from prominent industry backgrounds, including Amblin Entertainment, Pixar, Dreamworks Animation, Disney, and Activision Entertainment, The Rogue Initiative focuses on creating new AAA experiences that merge storytelling with cutting-edge technology. By leveraging their expertise, the studio aims to push the boundaries of digital entertainment and redefine audience engagement in virtual reality and beyond.
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