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The Collectible Super-Cycle: Why Pop Mart, Pokémon, and One Piece are 2026’s Big Bets

In our past analysis of Pokémon TCG Pocket, we explored how a digital-first approach can revitalize a legacy brand. But...

Why Consumer AI Is Still a Pre-Hype Opportunity

AI is already one of the largest capital allocation themes in global technology markets. Infrastructure spending is...

Consumer AI: Where the Market Is Actually Taking Shape

AI was the defining investment theme of 2025, and that momentum is carrying into 2026.

2026 Outlook: Building with Discipline in a Changing Market

This blog was a collaboration between Teppei Tsutsui, Yasushi Komori, Patrick Montague, and Yuhan Ma of GFR Fund.

Q3 2025 VC Market: The Megadeal Era and the Great Consolidation

Venture capital funding maintained its strong trajectory in Q3 2025, crossing the $80 billion mark with impressive...

Q2 2025 Venture Market: Fewer Deals, Bigger Bets, and a Hard Tech Surge

Venture capital funding held strong in Q2 2025, crossing the $90B mark for the third straight quarter. While the number...

Q1 2025 VC Markets: AI Dominance, Mega Deals, and Record-Breaking Exits

Venture capital came out swinging in Q1 2025, with global funding hitting $120.9B—the highest quarterly total since...

Optimism VS. Anxiety: A Gen Z Perspective of the Global AI Race

Gen Z is the first generation to grow up alongside the internet — they see all the ebb and flow of new and emerging...

Everything You Need to Know about Q4 24 VC Markets: From Funding Rebound to the AI Dominance

In Q4 2024, the venture capital (VC) market was showing signs of recovery, marking a two-year high in quarterly...