Polychain Ventures II LP
Polychain Ventures II LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed Apr 14, 2021, it has sold $204,067,000 of interests to 161 investors since its first sale in Jan 2020. 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(b), which does not permit general solicitation. Related persons named in the filing include Polychain VC LP; Olaf Carlson-Wee; Polychain Venture Partners II LLC.
- Total raised
- $204,067,000Cumulative sales reported on Form D
- Investors
- 161
- First sale
- Jan 17, 2020
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Polychain VC LP; Olaf Carlson-Wee; Polychain Venture Partners II LLC
- Latest Form D
- Apr 14, 2021
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 Polychain Ventures II LP
What is the minimum investment for Polychain Ventures II LP?
Polychain Ventures II LP's latest Form D, filed Apr 14, 2021, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Polychain Ventures II LP?
Polychain 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 Polychain Ventures II LP raised?
Polychain Ventures II LP reports $204,067,000 sold from 161 investors on its Form D filed Apr 14, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Polychain Ventures II LP based?
Polychain Ventures II LP is based in San Francisco, California.
When did Polychain Ventures II LP launch?
Polychain Ventures II LP reports its first sale in Jan 2020.
Size compared with every venture capital fund
Raised more than 97% of the 2,216 venture capital funds based in California, and more than 99% of all 14,800 that report sales.