AVG Deep Tech Fund 1 is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Aug 11, 2020, it has sold $555,000 of interests to 16 investors since its first sale in Jul 2020. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Michael Collins.
- Total raised
- $555,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jul 31, 2020
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Michael Collins
- Latest Form D
- Aug 11, 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 AVG Deep Tech Fund 1
What is the minimum investment for AVG Deep Tech Fund 1?
According to its latest Form D, filed Aug 11, 2020, the minimum investment AVG Deep Tech Fund 1 accepts from an outside investor is $25,000.
Who can invest in AVG Deep Tech Fund 1?
AVG Deep Tech Fund 1 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(c), so it may advertise, but every investor must be verified as accredited.
How much has AVG Deep Tech Fund 1 raised?
AVG Deep Tech Fund 1 reports $555,000 sold from 16 investors on its Form D filed Aug 11, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is AVG Deep Tech Fund 1 based?
AVG Deep Tech Fund 1 is based in Boston, Massachusetts.
When did AVG Deep Tech Fund 1 launch?
AVG Deep Tech Fund 1 reports its first sale in Jul 2020.
Size compared with every venture capital fund
Raised more than 53% of the 530 venture capital funds based in Massachusetts, and more than 51% of all 14,840 that report sales.