Norte Ventures II, LP is a venture capital fund based in Sao Paulo-Sp, Brazil. According to its most recent Form D, filed Aug 14, 2024, it has sold $10,495,000 of interests to 65 investors since its first sale in May 2024. The minimum investment it accepts from an outside investor is $100,000. 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 Norte Ventures I GP, LLC; Gustavo Ahrends; Gabriel Benarros.
- Total raised
- $10,495,000Cumulative sales reported on Form D
- Investors
- 65
- First sale
- May 12, 2024
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Norte Ventures I GP, LLC; Gustavo Ahrends; Gabriel Benarros
- Latest Form D
- Aug 14, 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 Norte Ventures II, LP
What is the minimum investment for Norte Ventures II, LP?
According to its latest Form D, filed Aug 14, 2024, the minimum investment Norte Ventures II, LP accepts from an outside investor is $100,000.
Who can invest in Norte Ventures II, LP?
Norte Ventures II, LP 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 Norte Ventures II, LP raised?
Norte Ventures II, LP reports $10,495,000 sold from 65 investors on its Form D filed Aug 14, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Norte Ventures II, LP based?
Norte Ventures II, LP is based in Sao Paulo-Sp, Brazil.
When did Norte Ventures II, LP launch?
Norte Ventures II, LP reports its first sale in May 2024.
Size compared with every venture capital fund
Raised more than 77% of the 22 venture capital funds based in Brazil, and more than 88% of all 14,875 that report sales.