Qubits Ventures Fund I, LP is a venture capital fund based in Pasadena, California. According to its most recent Form D, filed Jan 27, 2025, it has sold $2,338,384 of interests to 31 investors since its first sale in Dec 2021. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Qubits Ventures Management Company LLC; Nardo Manaloto Jr; Qubits Ventures GP LLC.
- Total raised
- $2,338,384Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Dec 28, 2021
- 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
- Qubits Ventures Management Company LLC; Nardo Manaloto Jr; Qubits Ventures GP LLC
- Latest Form D
- Jan 27, 2025
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 Qubits Ventures Fund I, LP
What is the minimum investment for Qubits Ventures Fund I, LP?
Qubits Ventures Fund I, LP's latest Form D, filed Jan 27, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Qubits Ventures Fund I, LP?
Qubits 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 Qubits Ventures Fund I, LP raised?
Qubits Ventures Fund I, LP reports $2,338,384 sold from 31 investors on its Form D filed Jan 27, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Qubits Ventures Fund I, LP based?
Qubits Ventures Fund I, LP is based in Pasadena, California.
When did Qubits Ventures Fund I, LP launch?
Qubits Ventures Fund I, LP reports its first sale in Dec 2021, 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 59% of the 2,268 venture capital funds based in California, and more than 73% of all 15,160 that report sales.