NPU Ventures Fund I, LP is a venture capital fund based in Berkeley, California. According to its most recent Form D, filed Sep 3, 2026, it has sold $2,650,000 of interests to 33 investors since its first sale in Aug 2026. The minimum investment it accepts from an outside investor is $25,000. 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 Matthew Chen; NPU Ventures Fund I GP, LLC.
- Total raised
- $2,650,000Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Aug 10, 2026
- Minimum investment
- $25,000
- 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
- Matthew Chen; NPU Ventures Fund I GP, LLC
- Latest Form D
- Sep 3, 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 NPU Ventures Fund I, LP
What is the minimum investment for NPU Ventures Fund I, LP?
According to its latest Form D, filed Sep 3, 2026, the minimum investment NPU Ventures Fund I, LP accepts from an outside investor is $25,000.
Who can invest in NPU Ventures Fund I, LP?
NPU Ventures Fund I, LP 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 NPU Ventures Fund I, LP raised?
NPU Ventures Fund I, LP reports $2,650,000 sold from 33 investors on its Form D filed Sep 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is NPU Ventures Fund I, LP based?
NPU Ventures Fund I, LP is based in Berkeley, California.
When did NPU Ventures Fund I, LP launch?
NPU Ventures Fund I, LP reports its first sale in Aug 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 60% of the 2,268 venture capital funds based in California, and more than 75% of all 15,160 that report sales.