Elemental AI Growth XVI LLC is a venture capital fund based in Tortola, Virgin Islands, British. According to its most recent Form D, filed Jun 29, 2026, it has sold $30,000,000 of interests to 9 investors since its first sale in Jun 2026. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Claire Abrehart; Brandon Green; Dany Katra.
- Total raised
- $30,000,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Jun 17, 2026
- 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
- Claire Abrehart; Brandon Green; Dany Katra
- Latest Form D
- Jun 29, 2026
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 Elemental AI Growth XVI LLC
What is the minimum investment for Elemental AI Growth XVI LLC?
Elemental AI Growth XVI LLC's latest Form D, filed Jun 29, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Elemental AI Growth XVI LLC?
Elemental AI Growth XVI 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 Elemental AI Growth XVI LLC raised?
Elemental AI Growth XVI LLC reports $30,000,000 sold from 9 investors on its Form D filed Jun 29, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Elemental AI Growth XVI LLC based?
Elemental AI Growth XVI LLC is based in Tortola, Virgin Islands, British.
When did Elemental AI Growth XVI LLC launch?
Elemental AI Growth XVI LLC reports its first sale in Jun 2026, 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 82% of the 28 venture capital funds based in Virgin Islands, British, and more than 94% of all 15,160 that report sales.