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AVG Deep Tech Fund 1Q

Boston, MA · CIK 1820773
506(c)
Status: no Form D since Aug 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

AVG Deep Tech Fund 1Q is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Aug 11, 2020, it has sold $365,000 of interests to 12 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)(7) exclusion, so investors generally must be qualified purchasers. 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
$365,000Cumulative sales reported on Form D
Investors
12
First sale
Jul 31, 2020
Minimum investment
$25,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
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 1Q

What is the minimum investment for AVG Deep Tech Fund 1Q?

According to its latest Form D, filed Aug 11, 2020, the minimum investment AVG Deep Tech Fund 1Q accepts from an outside investor is $25,000.

Who can invest in AVG Deep Tech Fund 1Q?

AVG Deep Tech Fund 1Q is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has AVG Deep Tech Fund 1Q raised?

AVG Deep Tech Fund 1Q reports $365,000 sold from 12 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 1Q based?

AVG Deep Tech Fund 1Q is based in Boston, Massachusetts.

When did AVG Deep Tech Fund 1Q launch?

AVG Deep Tech Fund 1Q reports its first sale in Jul 2020.

Size compared with every venture capital fund

Raised more than 47% of the 529 venture capital funds based in Massachusetts, and more than 43% of all 14,829 that report sales.

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