Venture Capital Fund Created for VR and AR
Marco DeMiroz (former CEO of PlayFirst) and Tipatat Chennavasin (former Head of Mobile Game Maker Big Head Mode) recently began a venture capital fund called Venture Reality Fund. The fund is going to invest in innovative companies in a wide range of industries as they relate to VR, AR and MR.
Their website says, “We are eager to help entrepreneurs bring industry defining technology to market faster, and to positively impact their growth path by providing the capital, insights and strategic relationships needed at this critical time. The best way to predict the future it so build it, the second best way is to fund it. We believe in the transformative powers of this new medium and want to help make VR, AR and MR happen in the best way possible.”
The fund is starting at $50 million.