AVSF - Varda Space 2024, LLC is a venture capital fund based in Boston, Massachusetts. According to its most recent Form D, filed Nov 27, 2024, it has sold $325,000 of interests to 24 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $10,000. 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 Michael Collins.
- Total raised
- $325,000Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Nov 16, 2024
- Minimum investment
- $10,000
- 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
- Michael Collins
- Latest Form D
- Nov 27, 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 AVSF - Varda Space 2024, LLC
What is the minimum investment for AVSF - Varda Space 2024, LLC?
According to its latest Form D, filed Nov 27, 2024, the minimum investment AVSF - Varda Space 2024, LLC accepts from an outside investor is $10,000.
Who can invest in AVSF - Varda Space 2024, LLC?
AVSF - Varda Space 2024, 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 AVSF - Varda Space 2024, LLC raised?
AVSF - Varda Space 2024, LLC reports $325,000 sold from 24 investors on its Form D filed Nov 27, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is AVSF - Varda Space 2024, LLC based?
AVSF - Varda Space 2024, LLC is based in Boston, Massachusetts.
When did AVSF - Varda Space 2024, LLC launch?
AVSF - Varda Space 2024, LLC reports its first sale in Nov 2024, 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 46% of the 540 venture capital funds based in Massachusetts, and more than 41% of all 15,160 that report sales.