◈ Transmitting from the frontier ◈

Alter
Realities

Augmenting the individual. Deepening what's real.

"The doors of perception, once cleansed, reveal an infinite frontier."

15

Companies

2

Exits

4

Thesis Areas

What We Believe

The more technology empowers the individual, the more it demands what's irreplaceably real.

01

Agents Over Apps

Software that acts on your behalf — reasoning, executing, adapting — will replace software you operate. We invest in the agentic stack: orchestration, execution, and trust infrastructure.

02

Capital Autonomy

Crypto is programmable coordination. On-chain rails, confidential compute, and attention markets create new primitives for how value moves. We back infrastructure that makes capital self-sovereign.

03

Augmented Perception

Brain-computer interfaces, creative AI, futuristic eyewear. Technologies that expand human sensory and cognitive bandwidth. The next platform isn't a screen — it's an extension of the self.

04

Evangelions for IRL

Embodied AI, robotics, physical-world automation. The smallest teams with the most leverage — building one-person civilizations. We believe in the unreasonable ambition of young founders.

Why AlterRealities

Not a check writer. An operator who invests.

Every investment is informed by building two companies from zero — one to a million users and a $2B token launch, one pioneering AI-native financial markets.

Builder's Lens

I evaluate products the way I build them. I know what a 3-person team can ship in 6 months because I've done it. My diligence is technical, not just financial.

Network as Utility

Deep relationships across AI and crypto — from Sequoia-backed frontier labs to Solana core teams. I make introductions that change trajectories, not just cap tables.

High-Agency Founders

First exit at 25. Backing high-agency individuals, augmented by AI, building civilizations of one. The best ideas come from people who don't yet know what's "impossible."

Campus to Cap Table

The most ambitious young builders out of NYU and Columbia — backed at their earliest and hungriest. New York sharpens founders differently.

Asymmetric Access

Direct pipeline into trillion-dollar private rounds and early on-chain liquidity. Structural advantage through network positioning, not capital size.

Co-Invested With

In Good Company

Our portfolio companies are backed by some of the best in the world.

Sequoia Capital
a16z
Nvidia
Hack VC
BITKRAFT
Galaxy Interactive
OKX Ventures
Redpoint Ventures
Coinbase Ventures
YZi Labs (Binance)
Sky9 Capital
Makers Fund
Greenfield Capital
CRV
First Round Capital
Salesforce Ventures
CZ
Founder

Chris Zhu

CEO of Donut Labs · Co-Founder of Sonic SVM · Angel Investor

Consecutive entrepreneur. First exit at 25. Currently shipping Donut, the first agentic crypto browser, and co-founded Sonic SVM, the Attention Network on Solana.

Before that: co-founded Mirror World, built application layers at ByteDance. NYU Stern '20.

Backing high-agency individuals, augmented by AI, building civilizations of one. AlterRealities is how I put capital behind that conviction.

Expand Human Agency
Seed / Angel
$100K – $1M
Operator-Investor
Portfolio

The Dreamers

Building something
that bends reality?

If you're a founder working at the frontier — I want to hear from you.

Or email directly: chris@alterrealities.co