Biospring Partners Tech I, L.P. is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Aug 5, 2021, it has sold $2,000,000 of interests to 1 investor since its first sale in Jun 2021. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Biospring Management GP, LLC; Michelle Dipp; Jennifer Lum.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 30, 2021
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Biospring Management GP, LLC; Michelle Dipp; Jennifer Lum
- Latest Form D
- Aug 5, 2021
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 Biospring Partners Tech I, L.P.
What is the minimum investment for Biospring Partners Tech I, L.P.?
Biospring Partners Tech I, L.P.'s latest Form D, filed Aug 5, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Biospring Partners Tech I, L.P.?
Biospring Partners Tech I, L.P. 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(b), which does not allow general advertising.
How much has Biospring Partners Tech I, L.P. raised?
Biospring Partners Tech I, L.P. reports $2,000,000 sold from 1 investor on its Form D filed Aug 5, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Biospring Partners Tech I, L.P. based?
Biospring Partners Tech I, L.P. is based in Boston, Massachusetts.
When did Biospring Partners Tech I, L.P. launch?
Biospring Partners Tech I, L.P. reports its first sale in Jun 2021.
Size compared with every venture capital fund
Raised more than 71% of the 531 venture capital funds based in Massachusetts, and more than 71% of all 14,865 that report sales.