Where the early stage AR/VR VCs are putting their money

It seems that we can’t get enough intel on the venture capitalists who are investing in augmented reality and virtual reality. And there are plenty of panels where VCs talk about investing in AR and VR, which could be a $120 billion industry by 2020, according to Digi-Capital.

The most recent panel I viewed included a collection of early stage VCs and accelerator investors. The speakers included Jeff Wasson of Boost VC, Greg Castle of Anorak Ventures, and Tipatat Chennavasin of The Venture Reality Fund. All of them are big believers in VR and AR. They’re putting their money into a variety of AR and VR ventures, including games, education, training, productivity, medical, and the enterprise.

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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.