Svai 1 LLC
Svai 1 LLC is a venture capital fund based in Middleton, Delaware. According to its most recent Form D, filed Jun 5, 2024, it has sold $12,397,749 of interests to 6 investors since its first sale in Dec 2023. The minimum investment it accepts from an outside investor is $200,000. 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 Warren Hui.
- Total raised
- $12,397,749Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Dec 15, 2023
- Minimum investment
- $200,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Warren Hui
- Latest Form D
- Jun 5, 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 Svai 1 LLC
What is the minimum investment for Svai 1 LLC?
According to its latest Form D, filed Jun 5, 2024, the minimum investment Svai 1 LLC accepts from an outside investor is $200,000.
Who can invest in Svai 1 LLC?
Svai 1 LLC 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 Svai 1 LLC raised?
Svai 1 LLC reports $12,397,749 sold from 6 investors on its Form D filed Jun 5, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Svai 1 LLC based?
Svai 1 LLC is based in Middleton, Delaware.
When did Svai 1 LLC launch?
Svai 1 LLC reports its first sale in Dec 2023.
Size compared with every venture capital fund
Raised more than 98% of the 4,671 venture capital funds based in Delaware, and more than 89% of all 14,840 that report sales.