Fundraising Fox

Presence Capital

Venture capital

San Francisco · Seed–Series B · 3 people tracked

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Investment thesis

Presence Capital invests in companies leveraging augmented and virtual reality technologies to create transformative new ways for people to communicate, work, and play. The firm backs entrepreneurs and teams building applications across the immersive technology landscape.

Invests inAI & Machine LearningSan Francisco

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Series B
HQ
San Francisco, US
Instruments
Equity
Founded
2015
AUM
$10M

Team · 3 people

from the firm's website
Amitt Mahajan· Managing Partner

Serial entrepreneur and engineer with experience as co-founder and CTO of MyMiniLife (acquired by Zynga) and co-founder and CEO of Toro (acquired by Google). Previously worked as an engineer at Epic Games on Unreal Engine and Gears of War.

Paul Bragiel· Managing Partner

Entrepreneur and investor with three startup ventures and five funds established across four continents. Has advised technology companies and currently provides counsel to Malaysia and Tanzania on technology policy.

Phil Chen· Managing Partner

Technology executive and entrepreneur who served as head of business and corporate development at HTC, leading investments in music and audio companies. Previously founded VR initiatives at HTC and worked in product and entrepreneurship roles.

Frequently asked questions

What stage does Presence Capital invest at?
Presence Capital invests at the Seed, Series A, Series B stages.
What sectors does Presence Capital focus on?
Presence Capital focuses on AI & Machine Learning.
Where is Presence Capital located?
Presence Capital is headquartered in San Francisco, US.

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