NuFund 25, LLC is a venture capital fund based in San Diego, California. According to its most recent Form D, filed Sep 17, 2025, it has sold $3,906,300 of interests to 183 investors since its first sale in Sep 2025. The filing does not set a minimum investment. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include San Diego Angels, Inc.
- Total raised
- $3,906,300Cumulative sales reported on Form D
- Investors
- 183
- First sale
- Sep 5, 2025
- Minimum investment
- None set
- 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
- San Diego Angels, Inc
- Latest Form D
- Sep 17, 2025
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 NuFund 25, LLC
What is the minimum investment for NuFund 25, LLC?
NuFund 25, LLC's latest Form D, filed Sep 17, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in NuFund 25, LLC?
NuFund 25, LLC 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 NuFund 25, LLC raised?
NuFund 25, LLC reports $3,906,300 sold from 183 investors on its Form D filed Sep 17, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is NuFund 25, LLC based?
NuFund 25, LLC is based in San Diego, California.
When did NuFund 25, LLC launch?
NuFund 25, LLC reports its first sale in Sep 2025, 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 64% of the 2,268 venture capital funds based in California, and more than 79% of all 15,160 that report sales.