Timechain KS is a venture capital fund based in Copenhagen, Denmark. According to its most recent Form D, filed Oct 6, 2023, it has sold $1,571,350 of interests to 3 investors since its first sale in Jun 2023. 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. Related persons named in the filing include Kjartan Rist; Concentric Team LLP; Concentric Scandinavia GP Holdings ApS.
- Total raised
- $1,571,350Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jun 9, 2023
- 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
- Kjartan Rist; Concentric Team LLP; Concentric Scandinavia GP Holdings ApS
- Latest Form D
- Oct 6, 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 Timechain KS
What is the minimum investment for Timechain KS?
Timechain KS's latest Form D, filed Oct 6, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Timechain KS?
Timechain KS 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 Timechain KS raised?
Timechain KS reports $1,571,350 sold from 3 investors on its Form D filed Oct 6, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Timechain KS based?
Timechain KS is based in Copenhagen, Denmark.
When did Timechain KS launch?
Timechain KS reports its first sale in Jun 2023.
Size compared with every venture capital fund
Raised more than 100% of the 1 venture capital funds based in Denmark, and more than 68% of all 14,768 that report sales.