The Venture Reality Fund

Let’s build the VR future together!

At The VR Fund, we bring expert guidance and resources to promising and early stage VR, AR and MR startups. We seek innovative companies across a wide variety of sectors – from infrastructure and development tools to content and applications. 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 is to 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 Venture Reality Fund is proud to join

Virtual Reality Venture Capital Alliance

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General Partners

Marco DeMiroz

General Partner

Mr. DeMiroz has extensive experience in executive roles with leading technology companies and in global investments. He was a Managing Director of Evolution Media Partners and led its investment in JauntVR. He actively advises various media and technology companies in VR/AR sectors. Earlier, Mr. DeMiroz was President and CEO of PlayFirst, Inc. and sold PlayFirst to Glu Mobile (NASDAQ: GLUU).

Mr. DeMiroz obtained his MBA from Carnegie Mellon University; a post-graduate Engineer Degree in Aeronautics/Astronautics from Stanford University; an M.S. in Mechanical Engineering from San Jose State University; and a B.S. in Mechanical Engineering from the U.S. Naval Postgraduate School.

Tipatat Chennavasin

General Partner

Mr. Chennavasin has extensive experience creating both interactive VR/AR and 360 video. He became convinced of the power of VR when he accidently cured himself of his real life fear of heights while developing in VR. He has established himself as VR/AR industry spokesperson and thought leader, and has contributed to many publications and presented at various industry events, He also has entrepreneurial experience as co-founder and CEO of mobile game startup Big Head Mode, Inc. that he sold to PlayFirst to focus on VR. He is an advisor for many VR companies as well as a mentor for VR incubators and accelerators around the world, including Tokyo VR Startups, http://tokyovrstartups.com/.

Mr. Chennavasin obtained his BS from Stanford University in Symbolic Systems with a concentration in Human Computer Interaction.

Hironao Kunimitsu

Founder and CEO of gumi Inc.
General Partner and Special Limited Partner

Hironao Kunimitsu was born in Hyogo, Japan. After graduating from Okayama High School, he spent several years traveling around the world. He visited over 30 countries including the US, China, India, Canada, and others in Central and South America.

In 1996 he entered Fudan University in China, and then later went on to study at Santa Monica College in the US. In 2004 he entered Atmovie Inc. where he produced movies and televised dramas, and was appointed company director in the same year. In 2007 he founded gumi Inc., and it started listing on first section of the Tokyo Stock Exchange in December, 2014.

Venture Partners & Executives-in-Residence

Jennifer Lu

Executive-in-Residence (EIR)

Jennifer has acquired a diverse set of skills through her experience at some of the top startups in Silicon Valley. She first became interested in VR/AR when she founded ZowPow Inc. (Y Combinator W14) and built wireless Bluetooth LE toys that connected the physical and virtual worlds. She currently freelances as a UI/UX designer and product manager for Gigster. Previously, she founded Little Giants Consulting where she advised mobile companies on growth, distribution, business development and product strategy. She led business development for TinyCo and helped launch eight top-grossing games on iOS and Android. She managed sales operations and developer relations at OpenFeint, the largest mobile social games network before its acquisition by GREE. She was also a mentor for Kstartup, a leading startup accelerator in Korea.

Jennifer obtained her BS from UC Berkeley in Bioengineering with a concentration in Computational Bioengineering.

Michael Sutherland

Venture Partner

Mr. Sutherland is a Director at HP, an active angel investor and advisor in early stage companies. He is an expert in 3D technologies, sensors and commercialization of high tech hardware products. As the Director of Product for HP Immersive Computing group he leads a team building HP’s Blended Reality vision. At Leap Motion he drove the growth of the developer program that supports over one hundred thousand developers to build software and VR experiences on Leap’s low latency hand and finger tracking sensors. As Vice President at Yost Labs he directed the commercialization of their world leading sensor fusion into the first full body wireless motion capture suit for Virtual Reality developers.

Mr. Sutherland obtained his Engineering degree in New Zealand and Singapore in semiconductor and embedded system design and graduated on the Dean’s list with Distinction with an MBA from Hult Business School in San Francisco and Shanghai with a focus on Innovation and leadership.