Teppei Tsutsui brings a rare combination of operating experience from Japan's mobile gaming ecosystem at GREE and cross-cultural pattern recognition between Asian and global markets, helping him spot consumer trends in Japan that can translate into worldwide opportunities. He focuses specifically on passionate user communities and highly engaged experiences in gaming and interactive entertainment, using his network of strategic partners from Asia's entertainment industry to help startups with distribution and partnerships rather than just providing funding.
What they've been talking about across their social media accounts

- Prioritizes community building as a primary investment thesis, notably backing founders who may lack industry experience but have successfully cultivated a passionate fanbase, such as the creators behind Predecessor and VRChat.
- Demonstrates a strong affinity for Japanese pop culture and entertainment, evidenced by plans to attend the Anime Expo in Los Angeles and the promotion of a portfolio company building a manga discovery platform.
- Actively seeks to connect with Gen Z and first-time founders who are adaptable and resilient, often hosting casual mixers that forgo formal pitch decks, such as events during New York Tech Week.
- Interested in the intersection of digital culture, fashion, and gaming, frequently highlighting early investments in digital fashion brands like RTFKT and how they bridge gaming with street style.
- Shares personal anecdotes related to family and travel, including trips to Chicago for a daughter's volleyball tournament and candid conversations with her about teenage sentiment toward artificial intelligence.
About their Fund
Sectors
Gaming / VR, Media, Web3 / Crypto, Consumer, AI
Rounds
Pre-Seed - Series A
Avg Check Size
$100K - $5M
Notable Investments
GFR Fund is a San Francisco-based venture capital fund that invests in early-stage startups that are disrupting the consumer entertainment industry. GFR Fund is managed by GREE VR Capital, an affiliate of GREE Inc., a global leader in the mobile gaming industry. With over a decade of experience driving innovators in multi-platform entertainment,we see emerging technologies such as VR, AR, AI, Video Streaming and Blockchain as powerful tools that will propel the entertainment industry into a new generation of consumable content. We are looking for talented entrepreneurs who share our passion and values to help realize their vision and expand their businesses globally.
Other partners at the fund
Notable Fund
Investments
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