2 VCs and 0 funds investing in Augmented Reality
Managing Partner
Sfermion
Check: Sfermion does not publish a first-party check-size range or Dan's individual authority. Public deal records show participation in seed and Series A rounds, but round totals and third-party estimates are not treated as his personal check size.
Dan co-leads Sfermion's investment strategy around the experiential internet: founders, companies, and digital assets that merge physical and digital life through web3, AI, AR, and VR. The firm's durable behavioral lens is creation, connection, and competition, with a portfolio orientation toward digital media, entertainment, games, creator infrastructure, and the systems that let communities own and exchange digital value.
Managing Partner
Y Combinator
Check: YC's live standard deal is $500K per accepted company: $125K on a post-money SAFE for 7% plus $375K on an uncapped MFN SAFE, with a participation right. This is YC's standardized program deal, not Diana's personal check range.
Diana works with technical founders building frontier AI, robotics and hard technology. Her Escher Reality and Niantic experience combines zero-to-one infrastructure with deployment at consumer scale, producing a lens that looks for a real engineering unlock, a specific high-value workflow, fast technical iteration and a product path that turns research capability into something users can adopt.