GFR Fund

GFR Fund, established in 2016 and headquartered in San Francisco, is a venture capital firm that invests in early-stage startups globally. It focuses on sectors such as gaming, entertainment, consumer technology, blockchain, and artificial intelligence. The firm, an affiliate of GREE Inc., a mobile gaming industry leader, aims to support innovative entrepreneurs disrupting the consumer entertainment industry through emerging technologies like VR, AR, AI, and blockchain.

Gran Fredrick

Analyst

Yasushi Komori

General Partner

Jeremy Lim

Senior Associate

Kinuko Tanaka

Associate

Past deals in Entertainment

Unvale

Pre Seed Round in 2025
Unvale is a rapidly expanding social platform designed for creatives. It facilitates the development of stories, helps users grow an audience, and enables self-publishing. The platform's core feature is an online character management system, allowing creators to build detailed profiles for their characters, fostering connections with others, and aiding in the transformation of ideas into published stories.

Magic Potion Games

Pre Seed Round in 2024
Magic Potion Games is a computer gaming company specializing in online, social gaming experiences for children. It operates a platform offering engaging, age-appropriate virtual worlds, prioritizing safety and trust for both young users and their parents.

Unvale

Pre Seed Round in 2024
Unvale is a rapidly expanding social platform designed for creatives. It facilitates the development of stories, helps users grow an audience, and enables self-publishing. The platform's core feature is an online character management system, allowing creators to build detailed profiles for their characters, fostering connections with others, and aiding in the transformation of ideas into published stories.

VShojo

Seed Round in 2022
VShojo is a talent-focused VTuber company dedicated to supporting the growth and success of its members. It operates in the emerging US VTuber scene, providing resources and industry expertise to help virtual content creators thrive. The company features a roster of content creators who utilize animated avatars as their public personas on platforms such as YouTube and Twitch. Co-founded by Justin “TheGunrun” Ignacio and Phillip "MowtenDoo" Fortunat, VShojo aims to innovate within the VTubing space while respecting the contributions of earlier pioneers in the field. By fostering an environment that encourages creativity and audience engagement, VShojo enables VTubers to connect with their fanbases and expand their reach across various digital platforms.

Hiber

Seed Round in 2021
Hiber AB, founded in 2017 and based in Gothenburg, Sweden, operates a gaming and entertainment platform that enables users to create and play interactive experiences across mobile devices and PCs. The company's platform allows individuals to design their own 3D interactive experiences without the need for coding, fostering a community where users can share their creations with others. Initially browser-based, Hiber expanded its capabilities in 2019 by introducing touch creation mode, making it possible for users to create and share content on mobile devices with touch screens. This innovation has led to significant growth among mobile users, with over one million experiences created, including virtual worlds, games, and interactive museums.

Hiber

Seed Round in 2020
Hiber AB, founded in 2017 and based in Gothenburg, Sweden, operates a gaming and entertainment platform that enables users to create and play interactive experiences across mobile devices and PCs. The company's platform allows individuals to design their own 3D interactive experiences without the need for coding, fostering a community where users can share their creations with others. Initially browser-based, Hiber expanded its capabilities in 2019 by introducing touch creation mode, making it possible for users to create and share content on mobile devices with touch screens. This innovation has led to significant growth among mobile users, with over one million experiences created, including virtual worlds, games, and interactive museums.

Fable Studio

Venture Round in 2020
Fable Studio, Inc. specializes in developing interactive content that leverages artificial intelligence characters within augmented and virtual reality environments. Established in 2017 and headquartered in San Francisco, California, the company focuses on creating immersive cinematic projects. Fable Studio is committed to nurturing characters that exhibit distinct style and approachability, allowing creator-driven teams to be agile in their creative processes and take innovative risks beyond conventional methods.

GameClub

Venture Round in 2019
GameClub Inc., founded in 2017 and based in New York, develops a mobile gaming platform that aims to revive classic and niche game genres, such as adventure, action, tower defense, and arcade games. The company focuses on providing premium mobile game experiences by utilizing the original source code of each game, updating it with modern technology while ensuring a high level of detail. GameClub’s platform offers a growing collection of quality games that are free from intrusive advertisements and microtransactions, allowing gamers to enjoy titles that are no longer widely available. In March 2022, GameClub was acquired by Take-Two Interactive Software, further enhancing its potential in the gaming industry.

YBVR

Seed Round in 2018
YBVR is a technology company focused on creating video-centric immersive experiences tailored for the sports industry. Since its inception in 2017, YBVR has established a robust presence in the immersive sports sector, providing high-quality experiences across various platforms, including mobile, web, and XR devices. The company has partnered with notable organizations such as Real Madrid, the Australian Open, the Winter X Games, Euroleague Basketball, and the Fan Controlled Football League, among others, to enhance their immersive technology offerings. In 2022, YBVR expanded its reach by launching Xtadium in collaboration with Meta, positioning it as a premier destination for sports in the Metaverse, featuring content from major sports leagues like the NBA, UFC, and NASCAR. Through its innovative platform, YBVR enables broadcasting networks and content creators to deliver enriched immersive experiences for large-scale live events and entertainment.

YBVR

Convertible Note in 2018
YBVR is a technology company focused on creating video-centric immersive experiences tailored for the sports industry. Since its inception in 2017, YBVR has established a robust presence in the immersive sports sector, providing high-quality experiences across various platforms, including mobile, web, and XR devices. The company has partnered with notable organizations such as Real Madrid, the Australian Open, the Winter X Games, Euroleague Basketball, and the Fan Controlled Football League, among others, to enhance their immersive technology offerings. In 2022, YBVR expanded its reach by launching Xtadium in collaboration with Meta, positioning it as a premier destination for sports in the Metaverse, featuring content from major sports leagues like the NBA, UFC, and NASCAR. Through its innovative platform, YBVR enables broadcasting networks and content creators to deliver enriched immersive experiences for large-scale live events and entertainment.

Rad

Venture Round in 2017
Rad is an innovative online entertainment platform that specializes in streaming services. It offers an app suite called Rad NFTV, which provides users access to Live TV, Premium Video, and Live Events, all accessible through non-fungible tokens (NFTs). In addition to its core offerings, Rad is associated with Littlstar, a global network focused on virtual reality, 360-degree video, and immersive experiences. This combination positions Rad as a unique player in the entertainment industry, leveraging cutting-edge technology to enhance viewer engagement and expand its content offerings.

Toonstar

Seed Round in 2017
Toonstar Inc. is a Los Angeles-based company founded in 2014 that develops an innovative software application allowing users to livestream their own cartoon shows. Utilizing proprietary animation technology and facial recognition capabilities, the platform enables individuals to transform into cartoon characters and create interactive content rapidly and cost-effectively. Toonstar focuses on producing engaging and snackable pop culture content tailored for mobile audiences, partnering with creators to bring virtual influencers to life. Through its digital animation platform, Toonstar aims to redefine the landscape of interactive entertainment.
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