AltMountain

Snowy Leopard Ventures Fund I, LP

San Francisco, CA · CIK 2135458
Emerging506(c)

Snowy Leopard Ventures Fund I, LP is a venture capital fund based in San Francisco, California. According to its most recent Form D, filed May 28, 2026, it has sold $2,479,500 of interests to 18 investors since its first sale in May 2026. The minimum investment it accepts from an outside investor is $2,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Snowy Leopard Ventures GP I, LLC; Yuanjun Zeng.

Total raised
$2,479,500Cumulative sales reported on Form D
Investors
18
First sale
May 20, 2026
Minimum investment
$2,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Snowy Leopard Ventures GP I, LLC; Yuanjun Zeng
Latest Form D
May 28, 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 Snowy Leopard Ventures Fund I, LP

What is the minimum investment for Snowy Leopard Ventures Fund I, LP?

According to its latest Form D, filed May 28, 2026, the minimum investment Snowy Leopard Ventures Fund I, LP accepts from an outside investor is $2,000.

Who can invest in Snowy Leopard Ventures Fund I, LP?

Snowy Leopard 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(c), so it may advertise, but every investor must be verified as accredited.

How much has Snowy Leopard Ventures Fund I, LP raised?

Snowy Leopard Ventures Fund I, LP reports $2,479,500 sold from 18 investors on its Form D filed May 28, 2026. This is cumulative sales since the offering began, not current assets or performance.

Where is Snowy Leopard Ventures Fund I, LP based?

Snowy Leopard Ventures Fund I, LP is based in San Francisco, California.

When did Snowy Leopard Ventures Fund I, LP launch?

Snowy Leopard Ventures Fund I, LP reports its first sale in May 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 59% of the 2,268 venture capital funds based in California, and more than 74% of all 15,160 that report sales.

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