Investments
57Portfolio Exits
4Funds
2Partners & Customers
3About The Venture Reality Fund
The Venture Reality Fund brings expert guidance and resources to promising and early stage VR, AR and MR startups. The Firm looks for companies across a wide variety of sectors – from infrastructure and development tools to content and applications. The Venture Reality Fund is 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.

Want to inform investors similar to The Venture Reality Fund about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest The Venture Reality Fund News
Mar 17, 2021
Share The Venture Reality Fund (VRF) has been an important part of the XR market, investing in some of the best and most innovative companies. Today, the venture-capital firm has revealed that Orange – via its holding company Orange Digital Investment – is investing in the new Venture Reality Fund II. Some of the companies in the Venture Reality Fund portfolio. With the aim to reach at least $50 million USD, Venture Reality Fund II is looking to invest in at least 35 XR companies taking advantage of 5G. Orange is the first European telecommunications company to invest, building ties as the XR industry looks towards 5G as an important stepping stone to wider adoption in both consumer and enterprise markets. “We are delighted and honoured to have Orange as a strategic investor in Fund II that will invest in innovative startups to showcase the combined power of 5G networks with XR and AI,” says Marco DeMiroz, co-founder and General Partner of VRF in a statement. “As Orange’s 5G networks deliver unmatched customer experience they also offer brand new services and entertainment for both consumers and enterprises leveraging AI and XR.” Ultra-high-speed networks (including 5G) and Edge Computing are going to be vital parts to ensure virtual reality (VR) and augmented reality (AR) entertainment, training, education, research and collaboration isn’t restrictive, by either cables or location. For example, smart viewers are currently cabled to a smartphone with the eventual goal of being able to send all that data wirelessly. Marco Demiroz. Image credit: The Venture Reality Fund “Orange’s investment in the Venture Reality Fund II, alongside other major players in the telecoms sector, is an opportunity to create a partnership with a management team that has demonstrated its expertise and agility in a booming ecosystem, which will help to enrich Orange’s offers,” adds Maï de La Rochefordière, Deputy CEO of Orange Digital Investment. As the VRF continues to develop Venture Reality Fund II, adding more investors and channelling that money into the industry, VRFocus will keep you updated.
The Venture Reality Fund Investments
57 Investments
The Venture Reality Fund has made 57 investments. Their latest investment was in Scenario as part of their Seed VC on January 1, 2023.

The Venture Reality Fund Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/19/2023 | Seed VC | Scenario | $6M | Yes | 7 | |
1/9/2023 | Seed VC | Digital Village | $4.07M | Yes | British Fashion Council, L'Oreal BOLD, The Venture Reality Fund, Undisclosed Investors, and Venrex | 4 |
12/28/2022 | Series B - III | Virtualitics | $4.15M | No | 1 | |
7/20/2022 | Series A | |||||
6/16/2022 | Series A |
Date | 1/19/2023 | 1/9/2023 | 12/28/2022 | 7/20/2022 | 6/16/2022 |
---|---|---|---|---|---|
Round | Seed VC | Seed VC | Series B - III | Series A | Series A |
Company | Scenario | Digital Village | Virtualitics | ||
Amount | $6M | $4.07M | $4.15M | ||
New? | Yes | Yes | No | ||
Co-Investors | British Fashion Council, L'Oreal BOLD, The Venture Reality Fund, Undisclosed Investors, and Venrex | ||||
Sources | 7 | 4 | 1 |
The Venture Reality Fund Portfolio Exits
4 Portfolio Exits
The Venture Reality Fund has 4 portfolio exits. Their latest portfolio exit was 8th Wall on March 10, 2022.
The Venture Reality Fund Fund History
2 Fund Histories
The Venture Reality Fund has 2 funds, including Venture Reality Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/21/2020 | Venture Reality Fund II | $50M | 3 | ||
VR Fund |
Closing Date | 10/21/2020 | |
---|---|---|
Fund | Venture Reality Fund II | VR Fund |
Fund Type | ||
Status | ||
Amount | $50M | |
Sources | 3 |
The Venture Reality Fund Partners & Customers
3 Partners and customers
The Venture Reality Fund has 3 strategic partners and customers. The Venture Reality Fund recently partnered with LucidWeb on February 2, 2017.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
2/7/2017 | Partner | Belgium | The landscape was created in partnership with LucidWeb , the French VR and WebVR consulting and development agency , to depict the growth in the ecosystem , increased investment and growing international impact . | 1 | |
2/7/2017 | Partner | ||||
1/4/2017 | Vendor |
Date | 2/7/2017 | 2/7/2017 | 1/4/2017 |
---|---|---|---|
Type | Partner | Partner | Vendor |
Business Partner | |||
Country | Belgium | ||
News Snippet | The landscape was created in partnership with LucidWeb , the French VR and WebVR consulting and development agency , to depict the growth in the ecosystem , increased investment and growing international impact . | ||
Sources | 1 |
The Venture Reality Fund Team
3 Team Members
The Venture Reality Fund has 3 team members, including current Founder, General Partner, Marco DeMiroz.
Name | Work History | Title | Status |
---|---|---|---|
Marco DeMiroz | Founder, General Partner | Current | |
Name | Marco DeMiroz | ||
---|---|---|---|
Work History | |||
Title | Founder, General Partner | ||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.