The Venture Reality Fund
Venture capitalRedwood City · Pre-Seed–Series A · 3 people tracked
Also known as VR FUND MANAGEMENT, L.L.C
Investment thesis
The Venture Reality Fund focuses on deep tech, backing global companies developing Spatial and Physical AI, which it views as the technologies that will define the next computing era. Alongside its limited partners, the firm invests in visionary founders and innovative solutions spanning a range of sectors, from infrastructure and development platforms to content and applications. Its approach targets pioneers building foundational tools as well as end-user experiences within the emerging spatial and physical AI landscape.
Source: firm website, verified Aug 25, 2026.
Team · 3 people
from the firm's website
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What they invest in
from 30 of 39 portfolio companiesAI & Machine Learning ×18Gaming ×10Deep Tech ×5Consumer ×4Creator Economy ×4Enterprise Software ×4Hardware ×4SaaS ×4
HQs:United States×21Argentina×1Australia×1Finland×1France×1
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×32 founders×23 founders×24+ founders×3
Where their founders worked beforefrom 11 founders with career history
Stanford University ×2
Investments · 39 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12021 · 12017 · 12015 · 15 dated
Auchenflower, Queensland
Shreyas Nivas(Executive Officer, Director)
Board seatMarco DeMiroz· per SEC Form D · $2.9M raise · filed Sep 2021
Portland, US
Josh Faust(Director)Antony Falco(Director)Paul Reynolds(Executive Officer, Director)Jim McLean(Director)
Board seatTipatat ChennavasinMarco DeMiroz· per SEC Form D · $1.3M raise · filed Dec 2019
Virtualitics builds AI applications and a deployable AI platform focused on military readiness, covering areas like asset maintenance, supply chain, materiel storage, personnel preparedness, and cyber.
AI & Machine LearningDefense TechEnterprise SoftwarePasadena, US
Stanislav George Djorgovski(Director)Ciro Donalek(Executive Officer, Director)Michael Amori(Executive Officer, Director)Jerome Josz(Executive Officer)
BoardShay Badie(Director)
Board seatMarco DeMiroz· per SEC Form D
Co-investorsAlpine MeridianSmith Point CapitalSun Mountain Capital
8th Wall is an open-source platform for building 3D experiences and WebAR applications with free tools including an XR engine and desktop editor.
Developer ToolsGaming
Co-investorsSparkland CapitalWonder VenturesShasta Ventures
AMI Labs develops advanced AI systems that understand the real world through world models and action-conditioned architectures, enabling intelligent agents with persistent memory, reasoning, and safety controls for industrial automation, robotics, and healthcare applications.
AI & Machine LearningDeep TechRoboticsParis, FR
Yann LeCun(Founder)Alex LeBrun(Founder)Laurent Solly(Founder)Michael Rabbat(Founder)Pascale Fung(Founder)Saining Xie(Founder)
Co-investorsAglae VenturesAlpha Intelligence CapitalAvenir Growth CapitalDaphniExpeditionsfirstminute capital+16 more
Apprentice builds AI agents and cloud manufacturing software for regulated production environments such as pharmaceutical and life sciences manufacturing.
Advanced ManufacturingAI & Machine LearningSaaSJersey City, US
Angelo Stracquatanio(Executive Officer, Director, Promoter)
Co-investorsICONIQ GrowthAlkeon InnovationCerity Partners VenturesGFR FundHemi Ventures, LlcICONIQ+2 more
AstroBeam builds voice-based interaction technology for VR games and experiences, enabling natural communication with NPCs and other players.
AI & Machine LearningGamingAustin, US
Co-investorsTIRTA Ventures
Astrocade appears to be a gaming platform that hosts games and features creators with follower or player counts.
Creator EconomyGamingSocial
Co-investorsChaac VenturesDentsu VenturesLG Technology VenturesPrime Partners
Doorstead provides property management services, aiming to reduce vacancies by ensuring consistent tenant placement across homes.
PropTechSaaS
Jennifer Bronzo(Founder)inBernard Liang(Founder)
Co-investorsAurum Venture PartnersAvanta VenturesMadrona Venture GroupMetaPropMetaProp VenturesSilicon Valley Data Capital+3 more
American video game company behind Unreal Engine, Fortnite and the Epic Games Store, headquartered in Cary, North Carolina.
Cary, US
Co-investorsAdvaita Capitalalphabet angelsAltra VentureBLN CapitalBreyer CapitalBryant Stibel+24 more
Gracia builds volumetric video technology based on Gaussian Splatting for use in streaming, visual effects, and extended reality (XR) applications.
AI & Machine LearningDeep TechMedia & Entertainment
Georgii Vysotskii(Founder)in
Co-investorsCreator VenturesTriptyq Capital
Interplay makes PlayTach, a smart device that attaches to a dog's crate and pairs with a mobile app, letting dog owners remotely dispense food and water, see and hear their pet via a built-in camera, play music, speak to them, and unlock the crate.
ConsumerHardwareIoTKansas City, US
Co-investorsTechstarsOwl VenturesS3 Ventures
Interplay Learning builds online skilled trades courses designed and delivered by industry experts and instructional designers, covering foundational technical knowledge and real-world applications for technicians.
EdTechEnterprise SoftwareFuture of WorkHR TechSaaSAustin, US
Sam Decker(Director)Douglas Donovan(Executive Officer, Director)Richard Waitumbi(Director)Kimberly Caldbeck(Director)
BoardIan Chiu(Director)Charlie Plauche(Director)
Co-investorsCathexis VenturesCentral Texas Angel NetworkCerity Partners VenturesOwl VenturesS3 VenturesSierra Ventures+3 more
Inworld AI provides a full-duplex audio streaming platform that enables real-time conversational AI interactions with intelligent turn-taking, function calling, and multi-model routing capabilities for developers building conversational applications.
AI & Machine LearningDeveloper ToolsMountain View, US
Ilya Gelfenbeyn(Founder)inKylan Gibbs(Founder)inMichael Ermolenko(Founder)in
Co-investorsBitkraft Esports VenturesBrave CapitalCRV (Charles River Ventures)Dentsu VenturesDisney AcceleratorFirst Spark Ventures, Llc+11 more
Jadu is building a consumer platform for spatial imagery — a new medium of volumetric captures that carry sound and can be explored in three dimensions rather than viewed as flat photos or videos.
AI & Machine LearningConsumerCreator EconomyLos Angeles, US
ASAD MALIK(Executive Officer)Asad J. Malik(Founder)in
Co-investorsBain Capital CryptoCoinbase VenturesCrit VenturesLG Technology VenturesPosition VenturesGaingels+3 more
Norwest is a venture and growth equity investment firm that backs companies across biotech, life sciences, fintech, proptech, consumer, and B2B SaaS sectors.
Palo Alto, US
Co-investorsNorwest Venture Partners
Obsessar (Napster) builds AI agents and "crews" that companies deploy as pre-built or custom specialists trained on their own policies, products, and playbooks, with identity, memory, actions, and governance.
AI & Machine LearningEnterprise SoftwareHardware
Co-investorsAsimov Venturesblue 9 capitalDisney AcceleratorWXR Fund
Owlchemy Labs is a virtual reality game studio, developing VR games with a large team of engineers, artists, and designers.
Gaming
Co-investorsColopl NextQualcomm VenturesCapital FactoryColopl VR FundHTCQualcomm
Phiar develops augmented reality navigation software for smartphones and vehicle displays that uses edge-based artificial intelligence to interpret road conditions and provide real-time directional guidance to drivers.
Advanced ManufacturingAI & Machine LearningMobility & TransportationSan Francisco, US
Chen-Ping Yu(Founder/CEO)in
Co-investorsGFR FundMaC Venture CapitalY CombinatorNorwest Venture Partners
Proprio develops Paradigm, an implant-agnostic surgical platform that provides intraoperative guidance and structured surgical data without requiring 3D imaging or mobile CT.
AI & Machine LearningHealthtechMedical DevicesSeattle, US
Gabriel Jones(Co-founder & CEO)inSamuel Browd(Co-founder)Joshua Smith(Co-founder)inJames Youngquist(Co-founder)
Co-investorsBold Capital PartnersCota CapitalDCVC (Data Collective)Bird B. AGHTCPresence Capital+4 more
Rec Room is a cross-platform social app where users build and play games together using the Maker Pen creation tool.
Creator EconomyGamingSocialSeattle, US
Cameron Brown(Founder)inBilal Orhan(Founder)Dan Kroymann(Founder)Josh Wehrly(Founder)Nick Fajt(Founder)
Co-investorsAcequia Capital (AceCap)Coatue ManagementDag VenturesGreycroftIndex VenturesMadrona Venture Group+3 more
AI & Machine LearningSan Francisco, US
Co-investorsTechstarsKhosla VenturesVersion One Ventures
Replica Studios was an AI voice technology company that provided synthetic voice generation capabilities for creative projects.
AI & Machine LearningGamingBrisbane, AU
Co-investorsFlying Fox VenturesTechstarsCarthona Capital
Scenario is a creative AI platform that lets teams train custom models on their own art and brand style, then access 600+ image, video, 3D, and audio models to generate on-brand assets.
AI & Machine LearningCreator EconomySaaSSan Francisco, US
Hervé Nivon(Founder)in
Co-investorsDecasonicPlay VenturesAndreessen HorowitzAnorak VenturesFoundersGraph Ventures
StoReel is a mobile short-drama streaming app offering original 1-2 minute serialized episodes on iOS and Android.
Co-investorsTIRTA Ventures
Cupertino, US
Mitchell Liu(Executive Officer, Director)Rizwan Virk(Director)
BoardDovey Wan(Director)
Co-investorsAdvancit CapitalSierra VenturesSony Ventures Corporation
UploadVR is an online media outlet publishing news, reviews, and coverage of virtual reality and augmented reality products, games, and industry developments.
GamingMedia & EntertainmentSan Francisco, US
William Mason(Director)Taylor Freeman(Executive Officer, Director)Nick Ochoa(Executive Officer, Director)
Co-investorsColopl NextOutpost CapitalPresence CapitalSparkland Capital
Varjo develops extended reality (XR) simulation technology for military and defense training applications, with products designed to train personnel in operations such as counter-drone tactics.
Defense TechEnterprise SoftwareHardwareHelsinki, FI
Urho Konttori(Founder)in
Co-investorsLifeline VenturesNext47NordicNinjaPresence CapitalSisu Game VenturesVillage Global+2 more
Velvet creates datasets and evaluations for multimodal AI models, working with AI labs and enterprises to improve models' interactive capabilities and spatial reasoning.
AI & Machine LearningData & Infrastructure
Co-investorsBlockchain Founders FundFunFair VenturesMindfulness Capital
Ruffnauts builds a gaming experience where players can explore planets and participate in community-driven feature development and testing.
ConsumerGamingSan Francisco, US
Nathaniel Ventura(Founder)inMaciej Szcześnik(Founder)in
Co-investorsY CombinatorAnorak VenturesMakers FundSoma Capital
Wave is an animated virtual-concert company that stages digital live shows with recording artists.
Co-investorsFounders FundGFR FundLG Technology VenturesMaveronOMERS VenturesUpfront Ventures+3 more
Windup Minds is an independent game studio building XR (VR/AR) games and interactive experiences, with team backgrounds from Oculus, Magic Leap, and WeVR.
ConsumerGamingHardwareSeattle, US
Bernard Yee(Co-Founder, CEO / Executive Producer)inStefani Swiatkowski(Co-Founder, CDO / UX Designer)inBen Vance(Co-Founder, CTO / Game Director)in
Co-investorsAcequia Capital (AceCap)New Leaf Invest
World Labs builds foundational world models that perceive, generate, reason and interact with the 3D world using spatial intelligence.
AI & Machine LearningDeep TechSan Francisco, US
Fei-Fei Li(Co-founder & CEO)inJustin Johnson(Co-founder)inChristoph Lassner(Co-founder)inBen Mildenhall(Co-founder)in
Co-investorsAlpha Square GroupAndreessen HorowitzCisco InvestmentsFoundersXFoundersX VenturesGreycroft+12 more
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companies
World Labs · letsdatascience.com · Jul 3, 2026
Velvet · cryptonews.net · Jul 2, 2026
AMI Labs · letsdatascience.com · Jul 2, 2026
Inworld AI · businesswire.com · Jun 10, 2026
Varjo · caproasia.com · Apr 24, 2026
Scenario · unitedwayla.org · Apr 9, 2026
Owlchemy Labs · rho.co · Aug 22, 2025
Frequently asked questions
- How many investments has The Venture Reality Fund made?
- The Venture Reality Fund has 23 tracked investments, including 1 dated in the last 24 months.
- What stage does The Venture Reality Fund invest at?
- The Venture Reality Fund invests at the Pre-Seed, Seed, Series A stages.
- What is The Venture Reality Fund's typical check size?
- The Venture Reality Fund typically writes checks of $100K – $500K.
- What sectors does The Venture Reality Fund focus on?
- The Venture Reality Fund focuses on AI & Machine Learning, Deep Tech, Enterprise Software, Gaming, Hardware, Media & Entertainment, Robotics.
- Where is The Venture Reality Fund located?
- The Venture Reality Fund is headquartered in Redwood City, US.
- Does The Venture Reality Fund lead rounds?
- The Venture Reality Fund typically participates in rounds rather than leading them.
- Who does The Venture Reality Fund co-invest with?
- The Venture Reality Fund most often shares deals with Greycroft, LG Technology Ventures, ICONIQ, among 101 tracked co-investors.
Media · Podcasts & interviews
featuring the teamInterview with Tipatat Chennavasin, General Manager and Co Founder of The Venture Reality Fund
Great North Ventures · Tipatat Chennavasin
IMMERSIVE TECH INVESTOR - TIPATAT CHENNAVASIN CO-FOUNDER - THE VENTURE REALITY FUND
XROM - Home of Extended Reality · Tipatat Chennavasin
Marco DeMiroz highlights investments of The Venture Reality Fund – VR Days Europe 2017
VRDays Foundation · Marco DeMiroz
Images
Co-investors · 15
Anorak Ventures is a seed-stage venture firm founded in 2016 with offices in Los Angeles and San Francisco, backing pre-seed and seed companies building differentiated technology and helping them reach product-market fit and follow-on funding.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
Founders Fund is a venture capital firm that backs technology companies building transformative products.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.
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General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
MaC Venture Capital is a seed-stage venture capital firm that partners closely with founders, offering a multidisciplinary team, an extensive network spanning Silicon Valley, Hollywood, Washington DC, and emerging markets, and hands-on growth support.
GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.
Mayfield is a venture capital firm that invests in early-stage consumer and marketplace companies, backing founders from inception through IPO.
Innovation Endeavors is an early-stage venture fund that invests in founders and supports venture creation through pre-team and pre-idea programs. The firm provides portfolio companies with access to mentors, advisors, and an entrepreneur ecosystem.
South Park Commons is a community and early-stage fund supporting talented founders and technologists exploring what to build, offering a residency program and first-check funding.
cLabs is a Berlin-based organization working to build a regenerative digital economy aimed at broad-based prosperity. It operates as a technology builder rather than a traditional investment firm.
▶3 more co-investors
Firms observed investing alongside The Venture Reality Fund, from public investor directories. Shared companies are the overlap with The Venture Reality Fund's recorded portfolio.
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