AltMountain

Brightway Future LP

Santa Clara, CA · CIK 1792047
Status: no Form D since Nov 2019. 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.

Brightway Future LP is a venture capital fund based in Santa Clara, California. According to its most recent Form D, filed Nov 25, 2019, it has sold $20,000,000 of interests to 10 investors since its first sale in May 2018. The minimum investment it accepts from an outside investor is $1,000,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Xi Cheng; Brightway Future GP LLC.

Total raised
$20,000,000Cumulative sales reported on Form D
Investors
10
First sale
May 1, 2018
Minimum investment
$1,000,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Xi Cheng; Brightway Future GP LLC
Latest Form D
Nov 25, 2019

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 LP

What is the minimum investment for Brightway Future LP?

According to its latest Form D, filed Nov 25, 2019, the minimum investment Brightway Future LP accepts from an outside investor is $1,000,000.

Who can invest in Brightway Future LP?

Brightway Future LP is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Brightway Future LP raised?

Brightway Future LP reports $20,000,000 sold from 10 investors on its Form D filed Nov 25, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Brightway Future LP based?

Brightway Future LP is based in Santa Clara, California.

When did Brightway Future LP launch?

Brightway Future LP reports its first sale in May 2018.

Size compared with every venture capital fund

Raised more than 82% of the 2,199 venture capital funds based in California, and more than 92% of all 14,768 that report sales.

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