Future Africa III LP
Future Africa III LP is a venture capital fund based in Dover De, Delaware. According to its most recent Form D, filed Mar 22, 2024, it has sold $15,221,000 of interests to 18 investors since its first sale in May 2023. The minimum investment it accepts from an outside investor is $25,000. 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 Mia von Koschitzky-Kimani; Iyinoluwa Aboyeji.
- Total raised
- $15,221,000Cumulative sales reported on Form D
- Investors
- 18
- First sale
- May 1, 2023
- Minimum investment
- $25,000
- 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
- Mia von Koschitzky-Kimani; Iyinoluwa Aboyeji
- Latest Form D
- Mar 22, 2024
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 Future Africa III LP
What is the minimum investment for Future Africa III LP?
According to its latest Form D, filed Mar 22, 2024, the minimum investment Future Africa III LP accepts from an outside investor is $25,000.
Who can invest in Future Africa III LP?
Future Africa III 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 Future Africa III LP raised?
Future Africa III LP reports $15,221,000 sold from 18 investors on its Form D filed Mar 22, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Future Africa III LP based?
Future Africa III LP is based in Dover De, Delaware.
When did Future Africa III LP launch?
Future Africa III LP reports its first sale in May 2023.
Size compared with every venture capital fund
Raised more than 99% of the 4,662 venture capital funds based in Delaware, and more than 91% of all 14,865 that report sales.