DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Ascenta Capital
Ascenta Capital
Ascenta Capital was born to help innovative companies as they grow from their scientific foundations to advance the clinical development of meaningful medicines for patients.
venture manager, reported GAV $120M across 4 vehicles
Importance
26
moderate
Active deployment
55
elevated
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
19
moderate
Identity and regulatory footprint
- Headquarters
- unknown
- Office address
- unknown
- Business phone
- 6175489284adviserinfo.sec.gov
- Website
- http://www.ascentacap.com
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Aug 28, 2026
- Private funds reported
- 6 (6 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $335Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Ascenta Capital Management, LLC (General Partner), NA
- business email
- info@ascentacap.comascentacap.compublished by the subject
- business phone
- 6175489284adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
12 observed deals
Stated (the firm’s website)
- Sectors
- biotech, climate, media
- Stages
- not stated or not yet read
- Geography
- global
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation
series c 100%
Stage at first entry
series c 100%
Sectors
unknown 64%Biotechnology 27%Pharmaceuticals 9%
lead rate 0%follow-on rate 0%new logos, 12 months 12
Funds and vehicles
4 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Ascenta Capital Project Argos Spv, L.P. | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $1.2M Mar 29, 2024 | 8 | unknown | unknown |
| Ascenta Capital Project Turing Spv, L.P. | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $820,000 Mar 29, 2024 | 12 | unknown | unknown |
| Ascenta Capital Fund I, L.P. | Fund | 2023 form d first sale | Active deployment | $118M Mar 29, 2024 | 71 | $228M of $350M | Feb 7, 2025 |
| Ascenta Capital Spv I, L.P. | SPV or co-invest vehicle | 2023 form d first sale | Active deployment | $0 Mar 29, 2024 | 6 | $15.0M of $15.0M | Jan 24, 2023 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
2 current, 0 departed
Evan Lockwood Rachlin
Managing partnerManaging Member · since Mar 1, 2023
Lorence H. Kim
Managing partnerManaging Member · since Mar 1, 2023
Investments on record
12 edges, 11 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
6 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
7 dated events
- Sep 16, 2026Nasdaq: ODTX no longer listed on Ascenta Capital's portfolio pageRemoved from portfolio pagePortfolioInferenceNasdaq: ODTXVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026Polyvore no longer listed on Ascenta Capital's portfolio pageRemoved from portfolio pagePortfolioInferencePolyvoreVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 29, 2024Ascenta Capital Project Turing Spv, L.P. first reported on Form ADV by Ascenta Capital (Venture Capital Fund), GAV $820,000Fund first reported on Form ADVFundsFactAscenta Capital Project Turing Spv, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2024Ascenta Capital Project Argos Spv, L.P. first reported on Form ADV by Ascenta Capital (Venture Capital Fund), GAV $1,200,000Fund first reported on Form ADVFundsFactAscenta Capital Project Argos Spv, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 24, 2023Ascenta Capital Spv I, L.P. first reported on Form ADV by Ascenta Capital (Venture Capital Fund)Fund first reported on Form ADVFundsFactAscenta Capital Spv I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 24, 2023Ascenta Capital Fund I, L.P. first reported on Form ADV by Ascenta Capital (Venture Capital Fund), GAV $100,700,000Fund first reported on Form ADVFundsFactAscenta Capital Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 24, 2023Ascenta Capital first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $120M across 4 vehicles
Evidence
37 observations from 3 sources