Invest with Candela Partners
$122.5k
Typical Investments
5
Expected Deals/Year
80
Unique LPs have invested
Note from Candela Partners
We fund and build Mixed Reality startups. (AR / VR / 3D / Computer Vision)
ABOUT DON STEIN:
Our syndicate was founded by @Don Stein and @Lawrence Braitman and is focusing on early-stage startups for Spatial Computing. These technologies include AR, VR, 3D, and Computer Vision.
- Don is formerly the AR/VR scout of General Catalyst
- Don funded 30 XR startups since 2015.
- He is a nucleolus of this emerging industry by hosting monthly events, and staying involved from ground zero. He's built his reputation in the VR/AR industry as an adviser, investor, and board member.
- Don's the founder of metaversemonday.substack.com
- Don's active on LinkedIn sharing his insights, and publishing XR Founder guides for free;
Lawrence has been investing advising, and accelerating the growth of early-stage companies since 1997. Together with Rick Thompson, he co-founded FlyCast which created the first ever display advertising network targeted direct-response buyers. Flycast went public in 1999 raising $75M and then sold in 2000 for a reported $2.2B.
Don and Larry started working together in late 2015, and have continued to grow their foothold as leading investors in the XR industry.
"I plan to invest in roughly 1-2 companies per year, we are highly selective. I would rather wait an entire 3 years before deploying, I don't believe in the pray and spray model for myself. I'm specifically looking for AR/VR companies I can fund and then plug my network into for rocket fuel revenue acceleration, or partnership growth." -Don
"I view myself as an operator when I invest, I want to own more and add more, this is why I've chosen to only fund 1-2 companies per year." -Don
RULES:
With syndicates, you can gain access to our Mixed Reality investments.
- Backers invest in our deals on the same terms as us
- Backers who pre-fund their account will be prioritized for gaining access to our allocations
QUESTIONS?
Q&A: don@virtualrealityinvestment.com
Dealflow
We fund Mixed Reality startups.
Here is our syndication criteria:
We are focused on AR/VR investments, and focus on this tech.
Syndication criteria
1. Talented and dedicated team with vast AR/VR experience, and footprint, and traction w/ customers or users
2. We typically favor opportunities that allow us to co-invest with Sand Hill Road VC's or leading Mixed Reality specialty funds
