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South Korea’s YJM Games invests in The VR Fund

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

YJM Games, a South Korean mobile game developer, has invested in the Venture Reality Fund (The VR Fund), a $50 million fund dedicated to investing in early-stage virtual reality, augmented reality, and mixed reality startups.

The deal shows that there’s still worldwide interest in investing in augmented reality and virtual reality, which are expected to be a $108 billion market by 2021, according to tech advisor Digi-Capital.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.