Brightway Future II LP
Brightway Future II LP is a venture capital fund based in Santa Clara, California. According to its most recent Form D, filed Dec 16, 2021, it has sold $35,000,000 of interests to 18 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $1,000,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Xi Cheng.
- Total raised
- $35,000,000Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Dec 1, 2021
- Minimum investment
- $1,000,000
- 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
- Xi Cheng
- Latest Form D
- Dec 16, 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 Brightway Future II LP
What is the minimum investment for Brightway Future II LP?
According to its latest Form D, filed Dec 16, 2021, the minimum investment Brightway Future II LP accepts from an outside investor is $1,000,000.
Who can invest in Brightway Future II LP?
Brightway Future II LP 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 Brightway Future II LP raised?
Brightway Future II LP reports $35,000,000 sold from 18 investors on its Form D filed Dec 16, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Brightway Future II LP based?
Brightway Future II LP is based in Santa Clara, California.
When did Brightway Future II LP launch?
Brightway Future II LP reports its first sale in Dec 2021.
Size compared with every venture capital fund
Raised more than 87% of the 2,222 venture capital funds based in California, and more than 95% of all 14,829 that report sales.