# Teppei Tsutsui

> Teppei Tsutsui is a seed investor at GFR Fund backing Information Technology and Software. See 8 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [GFR Fund](https://shizune.co/investors/profile/gfr-fund)
- Location: San Francisco Bay Area, United States
- Total investments: 8
- Last investment: May 2024
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/teppeisilverbacks4t2/
- X (Twitter): https://twitter.com/teppei_tsutsui
- Website: https://x.com/teppei_tsutsui

Teppei Tsutsui is a seed investor at GFR Fund in San Francisco Bay Area focused on Information Technology and Software. As an active investor for the past decade, Teppei Tsutsui is the CEO and Managing Director of GREE VR Capital. Having led several key investments and acquisitions in Tokyo, including GREE’s acquisitions of OpenFeint and Funzio, Teppei is currently leading the GVR Fund’s investments in San Francisco. Prior to working for GREE, Teppei was key toadvising M&A strategy at Morgan Stanley, where his strength in the Asian market and as an investor grew. He also worked in Japan in business development at Mitsubishi Corporation.Teppei earned a bachelor’s degree in Law from Hitotsubashi University and MBA from the University of Chicago.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 3 | 38% |
| Software | 2 | 25% |
| Art | 1 | 13% |
| SaaS | 1 | 13% |
| Internet | 1 | 13% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 63% |
| Pre-Seed | 1 | 13% |
| Funding Round | 1 | 13% |
| Convertible Note | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 50% |
| Japan | 1 | 13% |
| United Kingdom | 1 | 13% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Orange | Orange is a developer of a variety of deep-learning models with a focus on computer vision and natural language processing for comics. | $19M | Seed | May 06, 2024 |  |
| Magma | Magma works with companies in a variety of industries, including game development, animation, film, webcomics, artistic events, art education, and other creative studios. | $5M | Seed | Dec 12, 2023 |  |
| Magma | Magma is an art management platform and collaborative painting solution for game and animation creative studios. Magma is headquartered in Austin, Texas. | $5M | Seed | Dec 12, 2023 |  |
| RedKangaroo | RedKangaroo is a marketing platform for organic growth provides food, beverage, cosmetics, and pet food brands with the opportunity to promote word-of-mouth by rewarding clients. | $1.1M | Pre-Seed | Sep 28, 2023 |  |
| Omeda Studios | Developing Predecessor, a Third Person Multiplayer Online Battle Arena game for PC and console. | $2.2M | Seed | Mar 09, 2021 |  |
| GameClub | The home of mobile gaming’s greatest hits — all in one subscription. Available across iOS and Android. |  |  | Dec 30, 2019 |  |
| YBVR | YBVR(www.ybvr.com) creates video-centric immersive experience. YBVR technology provides top quality of immersive experiences to the sport industry across multiple device platforms: mobile, web or XR devices.YBVR has a solid track record in Immersive Sports since 2017. Among others, Real Madrid, Australian Open tennis, Winter X Games, EuroleagueBasketball, Fan Controlled Football League, Verizon, Singtel and Telefonica, already trust YBVR as immersive technology partner. In 2022, in partnership with Meta, YBVR launched Xtadium, the home for sports in the Metaverse, featuring content from NBA, UFC, NASCAR, WNBA, NBA2K, among others. | $920K | Convertible Note | Aug 31, 2018 |  |
| YBVR | YBVR(www.ybvr.com) creates video-centric immersive experience. YBVR technology provides top quality of immersive experiences to the sport industry across multiple device platforms: mobile, web or XR devices.YBVR has a solid track record in Immersive Sports since 2017. Among others, Real Madrid, Australian Open tennis, Winter X Games, EuroleagueBasketball, Fan Controlled Football League, Verizon, Singtel and Telefonica, already trust YBVR as immersive technology partner. In 2022, in partnership with Meta, YBVR launched Xtadium, the home for sports in the Metaverse, featuring content from NBA, UFC, NASCAR, WNBA, NBA2K, among others. | $1.9M | Seed | Sep 30, 2017 |  |

8 of 8 investments shown.

## Co-investors
- [4Founders Capital](https://shizune.co/investors/profile/4founders-capital) — VC Fund, 2 deals together
- [Acequia Capital (AceCap)](https://shizune.co/investors/profile/acequia-capital) — VC Fund, 2 deals together
- [Anorak Ventures](https://shizune.co/investors/profile/anorak-ventures-2) — VC Fund, 2 deals together
- [BANDAI NAMCO Entertainment (021 Fund)](https://shizune.co/investors/profile/bandai-namco-entertainment) — VC Fund, 2 deals together
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund, 2 deals together
- [Supernode Global](https://shizune.co/investors/profile/rooks-nest-ventures) — VC Fund, 2 deals together

## About GFR Fund

VC Fund · San Francisco, United States

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.

2 contacts available at GFR Fund.

| Name | Title | Profile |
| --- | --- | --- |
| Teppei Tsutsui | Managing Partner | https://shizune.co/investors/profile/teppei-tsutsui |
| Patrick Montague | General Partner | https://shizune.co/investors/profile/patrick-montague-f1f2 |

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## FAQ

### What does Teppei Tsutsui invest in?

Teppei Tsutsui invests primarily in Information Technology, Software and Art startups, most often at Seed and Pre-Seed stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Teppei Tsutsui last invest?

The most recent investment recorded for Teppei Tsutsui closed in May 2024. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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