NOVA Prime Fund I, LP is a venture capital fund based in El Segundo, California. According to its most recent Form D, filed Aug 4, 2026, it has sold $12,100,000 of interests to 2 investors since its first sale in Jul 2026. 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(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Takeshi Nakanishi; Ali Diallo; General Partner BYL Ventures I, LLC.
- Total raised
- $12,100,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jul 22, 2026
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Takeshi Nakanishi; Ali Diallo; General Partner BYL Ventures I, LLC
- Latest Form D
- Aug 4, 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 NOVA Prime Fund I, LP
What is the minimum investment for NOVA Prime Fund I, LP?
NOVA Prime Fund I, LP's latest Form D, filed Aug 4, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NOVA Prime Fund I, LP?
NOVA Prime Fund I, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has NOVA Prime Fund I, LP raised?
NOVA Prime Fund I, LP reports $12,100,000 sold from 2 investors on its Form D filed Aug 4, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is NOVA Prime Fund I, LP based?
NOVA Prime Fund I, LP is based in El Segundo, California.
When did NOVA Prime Fund I, LP launch?
NOVA Prime Fund I, LP reports its first sale in Jul 2026, 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 77% of the 2,268 venture capital funds based in California, and more than 89% of all 15,160 that report sales.