AltMountain

Blue Water Ventures Fund, L.P.

Emerging

Blue Water Ventures Fund, L.P. is a venture capital fund based in Larkspur, California. According to its most recent Form D, filed Jan 9, 2026, it has sold $13,963,599 of interests to 15 investors since its first sale in Jan 2022. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Blue Water Life Science Advisors, LP; Blue Water Life Science Ventures GP LLC; Nathaniel Cornell.

Total raised
$13,963,599Cumulative sales reported on Form D
Investors
15
First sale
Jan 1, 2022
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
Blue Water Life Science Advisors, LP; Blue Water Life Science Ventures GP LLC; Nathaniel Cornell
Latest Form D
Jan 9, 2026

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 Blue Water Ventures Fund, L.P.

What is the minimum investment for Blue Water Ventures Fund, L.P.?

Blue Water Ventures Fund, L.P.'s latest Form D, filed Jan 9, 2026, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Blue Water Ventures Fund, L.P.?

Blue Water Ventures Fund, 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 Blue Water Ventures Fund, L.P. raised?

Blue Water Ventures Fund, L.P. reports $13,963,599 sold from 15 investors on its Form D filed Jan 9, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Blue Water Ventures Fund, L.P. based?

Blue Water Ventures Fund, L.P. is based in Larkspur, California and is managed by Blue Water Life Science Advisors, LP.

When did Blue Water Ventures Fund, L.P. launch?

Blue Water Ventures Fund, L.P. reports its first sale in Jan 2022, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).

Size compared with every venture capital fund

Raised more than 79% of the 2,268 venture capital funds based in California, and more than 90% of all 15,160 that report sales.

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