PA-0804 Fund V, a series of MV Funds, LP, has successfully completed its initial offering, raising a total of $443,341. This achievement is significant as it indicates a strong interest in the venture capital sector, particularly in the current economic climate.

The fund, which is based in Lynnwood, Washington, is categorized as a pooled investment fund and operates under the regulations of the Investment Company Act. The completion of this offering is a notable milestone for the firm and highlights the growing demand for venture capital investments.

Background

PA-0804 Fund V, a series of MV Funds, LP, is a limited partnership incorporated in Delaware. The fund is focused on venture capital investments and has filed its recent offering under SEC Act 1933. The firm is relatively new, having been established in 2026, and is located at 2006 196th St SW, Suite 114, Lynnwood, WA.

What the Filing Says

According to the SEC filing (accession number 0002154728-26-000001), the offering was conducted under Rule 506(b), which provides a safe harbor for private offerings. The filing indicates that the total offering amount was $443,341, which has now been fully sold. The fund accepted a minimum investment of $1,000 and attracted 40 investors.

Impact

This successful fundraising effort may positively impact various stakeholders, including the investors who have chosen to participate in this venture capital fund. The fund aims to use the proceeds primarily for administrative expenses, which is a common practice in the industry to ensure smooth operations.

What's Next

The filing does not say what happens next.