AI - Cane - Spv2, LLC is a venture capital fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 23, 2020, it has sold $280,875 of interests to 26 investors since its first sale in Oct 2020. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Rodrigo Garcia; Adela Cepeda.
- Total raised
- $280,875Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Oct 9, 2020
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Rodrigo Garcia; Adela Cepeda
- Latest Form D
- Oct 23, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about AI - Cane - Spv2, LLC
What is the minimum investment for AI - Cane - Spv2, LLC?
AI - Cane - Spv2, LLC's latest Form D, filed Oct 23, 2020, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in AI - Cane - Spv2, LLC?
AI - Cane - Spv2, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has AI - Cane - Spv2, LLC raised?
AI - Cane - Spv2, LLC reports $280,875 sold from 26 investors on its Form D filed Oct 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is AI - Cane - Spv2, LLC based?
AI - Cane - Spv2, LLC is based in Chicago, Illinois.
When did AI - Cane - Spv2, LLC launch?
AI - Cane - Spv2, LLC reports its first sale in Oct 2020.
Size compared with every venture capital fund
Raised more than 24% of the 146 venture capital funds based in Illinois, and more than 37% of all 14,840 that report sales.