Dune
Also known as Dune Capital Management Lp
What they invest in
from 1 of 2 portfolio companiesAI & Machine Learning Γ1Consumer Γ1Developer Tools Γ1Gaming Γ1
HQs:United StatesΓ2
Investments Β· 2 tracked
founders shown can be your intro pathBy year:2024 Β· 12022 Β· 12 dated
Ramen VR is a game development studio that previously created the VR game Zenith: The Last City for Steam and Oculus Quest, and is now building an unannounced game along with developer tools such as Aura.
AI & Machine LearningConsumerDeveloper ToolsGamingSan Francisco, US
Co-investorsMakers FundY CombinatorAnthos CapitalDune Ventures
Other
Tracked investments with no reachable website or further public details β typically companies that wound down, renamed, or were absorbed.
Fund performance Β· per public LP disclosures Β· 2
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Dune IVLPs: Teachers' Retirement System of Oklahoma | 2018 | β | -4.3% | 0.87x | 0.05x |
| Dune IIILPs: Teachers' Retirement System of Oklahoma | 2013 | β | 2.2% | 1.11x | 0.98x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).