Prime Movers Lab Fund III LP
Prime Movers Lab Fund III LP is a venture capital fund based in Teton Village, Wyoming. According to its most recent Form D, filed Jan 19, 2023, it has sold $237,460,000 of interests to 146 investors since its first sale in Jan 2022. 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 Dakin Sloss; Prime Movers Lab GP III LLC; Taylor Frankel.
- Total raised
- $237,460,000Cumulative sales reported on Form D
- Investors
- 146
- First sale
- Jan 4, 2022
- 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
- Dakin Sloss; Prime Movers Lab GP III LLC; Taylor Frankel
- Latest Form D
- Jan 19, 2023
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 Prime Movers Lab Fund III LP
What is the minimum investment for Prime Movers Lab Fund III LP?
Prime Movers Lab Fund III LP's latest Form D, filed Jan 19, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Prime Movers Lab Fund III LP?
Prime Movers Lab Fund III 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 Prime Movers Lab Fund III LP raised?
Prime Movers Lab Fund III LP reports $237,460,000 sold from 146 investors on its Form D filed Jan 19, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Prime Movers Lab Fund III LP based?
Prime Movers Lab Fund III LP is based in Teton Village, Wyoming.
When did Prime Movers Lab Fund III LP launch?
Prime Movers Lab Fund III LP reports its first sale in Jan 2022.
Size compared with every venture capital fund
Raised more than 100% of the 39 venture capital funds based in Wyoming, and more than 99% of all 14,865 that report sales.