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 3, 2026.
Team · 3 people
from the firm's websiteWhat they invest in
from 21 of 37 portfolio companiesAI & Machine Learning ×13Gaming ×7Enterprise Software ×5Deep Tech ×4Developer Tools ×3Creator Economy ×2Data & Infrastructure ×2Defense Tech ×2
HQs:United States×9Argentina×1Australia×1
Investments · 37 tracked
founders shown can be your intro pathAuchenflower, 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)Marco DeMiroz(Director)
Board seatTipatat ChennavasinMarco DeMiroz· per SEC Form D · $1.3M raise · filed Dec 2019
Pasadena, US
Shay Badie(Director)Jeff V. Taliaferro(Director)John Wookey(Director)Stanislav George Djorgovski(Director)Marco DeMiroz(Director)Jerome Josz(Executive Officer)
Board seatMarco DeMiroz· per SEC Form D · $25M raise · filed Sep 2025
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 TechRobotics
Yann LeCun(Founder)
Apprentice builds an AI agent platform (Apprentice 4.1) designed to automate manufacturing workflows, including the generation of production-ready documents and integration with manufacturing tech stacks like ERP, MES, and QMS.
Advanced ManufacturingAI & Machine LearningEnterprise Software
Angelo Stracquatanio(Executive Officer, Director, Promoter)
Doorstead provides property management services, aiming to reduce vacancies by ensuring consistent tenant placement across homes.
PropTechSaaS<UNKNOWN>, US
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
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
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 Tools
Propriovision develops the Paradigm platform, an implant-agnostic surgical system that uses AI and structured intraoperative data to optimize surgical workflows, enhance safety, and improve capacity utilization for hospitals and health systems.
AI & Machine LearningHealthtechMedical Devices
Rec Room is a cross-platform social app where users build and play games together using the Maker Pen creation tool.
Creator EconomyGamingSocial
Replica Studios was an AI voice technology company that provided synthetic voice generation capabilities for creative projects.
AI & Machine LearningGamingBrisbane, AU
Cupertino, US
Mitchell Liu(Executive Officer, Director)Dovey Wan(Director)Rizwan Virk(Director)
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
Ruffnauts builds a gaming experience where players can explore planets and participate in community-driven feature development and testing.
ConsumerGamingSan Francisco, US
VLGE captures human behavioral and spatial data from explorable 3D virtual environments to train AI systems on how people interact with physical spaces.
AI & Machine LearningData & Infrastructure
World Labs builds foundational world models that perceive, generate, reason and interact with the 3D world using spatial intelligence.
AI & Machine LearningDeep Tech
Fei-Fei LiJustin JohnsonChristoph LassnerBen Mildenhall
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.
Frequently asked questions
- 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.
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.
Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.
Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.
GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.
Norwest is a venture and growth equity investment firm that has backed over 700 companies across sectors including AI, retail, and healthcare, working alongside entrepreneurs from early to late-stage growth.
Mayfield Fund is a venture capital firm publishing perspectives on artificial intelligence, focusing on what it calls the Collaborative Intelligence era where humans and AI work together.
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.
MaC Venture Capital is an early-stage venture capital firm that partners closely with founders, offering hands-on support and strategic involvement beyond capital.
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.
Similar investors
Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.
MPG Fund is an early-stage venture investor backing technology startups.
SATUS Venture is a Polish venture capital group that invests in early-stage, high-risk companies with strong growth potential, providing both capital and hands-on support to help them launch and scale.
Sound Media Ventures is an early-stage technology investor founded by entrepreneurs, engineers, data scientists, and operators, focused on generative AI, embodied/Physical AI, and entertainment technologies. It also runs a fund-of-funds partnering with early-stage fund managers, including an Israel-focused fund.
Prime Partners, Inc. (formerly Field Management Capital Inc.) is a Tokyo-based venture capital firm that manages venture funds, provides innovation consulting for corporate new-business development, and supports open innovation and startup acceleration between global startups and large enterprises.

.png)














