
GFR Fund is a San Francisco-based and globally-oriented venture capital fund backing founders pioneering in consumer technology, with a focus on gaming, creator economy, GenAI, media, and consumer tech. Affiliated with GREE, a Tokyo-based mobile gaming company, it invests in pre-seed to Series A startups building emerging digitally-native communities.
34% of their portfolio is in Gaming. Deal activity increased 200% year-over-year (6 deals in the last 12 months). Their most common stage is seed (46% of deals). Average disclosed round size is $9.6M (across 36 rounds with reported amounts).
Portfolio
36
Fund Size
$53.5M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
41 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Unknown | $6.8M | May 2026 | |
| QQloud Games | Seed | $5M | Aug 2025 |
| LLoftia | Seed | $5M | Aug 2025 |
| Series A | $9M | Aug 2025 | |
| Series B | $15M | Aug 2025 | |
| Unknown | $8.5M | Aug 2025 | |
| Series A | — | Apr 2025 | |
| Pre-Seed | $1.8M | Mar 2025 | |
| LLoftia | Seed | $5M | Jan 2025 |
| Series A | $100M | Jan 2025 | |
| Seed | $2M | Jan 2025 | |
| Seed | $3.4M | Jan 2024 | |
| Seed | $5M | Dec 2023 | |
| Seed | $6M | Nov 2023 | |
| AAtlas.Design | Seed | $4.5M | Nov 2023 |
| 11337 (Leet) | Seed | $4M | Oct 2023 |
| CCollectibles.com | Seed | $5M | Jun 2023 |
| Series A | — | Nov 2022 | |
| Series A | $10M | Jun 2022 | |
| Pre-Seed | $7M | Nov 2021 | |
| Seed | $2.2M | Jun 2021 | |
| Unknown | $7M | Feb 2021 | |
| Series A | $7M | Feb 2021 | |
| Seed | $2.2M | Jan 2021 | |
| Seed | $5M | Jan 2020 |
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Top Co-Investors
Gaingels9 shared
Y Combinator4 shared
1Up Ventures4 shared
BITKRAFT Ventures4 shared
Konvoy3 shared
Andreessen Horowitz3 shared
Possible Ventures3 shared
Anorak Ventures2 shared
The Venture Reality Fund2 shared
Norwest Venture Partners2 shared
Supernode Ventures2 shared
f7 Ventures2 shared
Founders Fund2 shared
New Renaissance Ventures2 shared
Collab+Currency2 shared
a16z speedrun2 shared
Sweet Capital2 shared
Everblue Management2 shared
BoxGroup2 shared
Progression Fund2 shared
Last updated: 9 September 2026