Gree’s VR VC fund rebrands to add AR and mixed reality

Gree VR Capital, a venture investment division of Japan’s mobile game publisher Gree, has completed its first fund for virtual reality investments and is rebranding so that it can invest in the broader augmented reality and mixed reality sectors.
Gree invested $18.3 million into 14 VR startups and three augmented reality companies in its first fund, which is now closed. The second San Francisco-based fund will be known as the GFR Fund, which will invest in a variety of sectors going forwar