DFX Intelligence
Fika Ventures III, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +45%reported GAV
Reported gross assets rose from $170M to $247M between the Form ADV filings of 6 Sep 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2021basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $160Mwhat may be sold, not what was raised; file 021-411059, sworn by the adviser or filed under this vehicle
- Form D sold
- $160Mas of the filing of Aug 24, 2021, 53 investors
- First sale
- Aug 11, 2021
- Reported GAV
- $247Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 54
- Reported on ADV
- Apr 4, 2022 to Mar 31, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Closed to new capital
Form D filed or amended 2021-08-24: the stated $160.0M offering reported fully sold (fr-1)
evidence dated Aug 24, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Aug 11, 2021vintage year: 2021adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $160Mform d offering: $160Mform d latest filed at: Aug 24, 2021
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 4, 2022 | Venture Capital Fund | $162M | 54 | 1% | yes | ||
| Mar 20, 2023 | Venture Capital Fund | $159M | 54 | 1% | yes | ||
| Mar 21, 2024 | Venture Capital Fund | $159M | 54 | 1% | yes | ||
| Sep 6, 2024 | Venture Capital Fund | $170M | 54 | 1% | yes | ||
| Mar 31, 2026 | Venture Capital Fund | $247M | 54 | 1% |
Principals and agents
2 principals on Form D, 0 placement agents
- Tianxiang Zhuo Executive Officer
- EVA Ho Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorBURGEON ADVISORS, LLC · FOUNTAIN VALLEY, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSTIFEL BANK · ST LOUIS, Missouri, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Weingart Foundation | FOUNDATION | $7.7M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Nancy Lurie Marks Family Foundation | FOUNDATION | $442,009 fair value on the foundation's return | reported as of Oct 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
- Mar 31, 2026Custodian changed: STIFEL BANK replaced CHASE BANK, first reported on the Form ADV filed March 31, 2026 (previous filing March 31, 2025)Custodian changed Fact Form ADV
- Mar 20, 2023Administrator changed: BURGEON ADVISORS, LLC replaced Carta, first reported on the Form ADV filed March 20, 2023 (previous filing April 4, 2022)Administrator changed Fact Form ADV
- Apr 4, 2022Fika Ventures III, L.P. first reported on Form ADV by Fika Management LLC (Venture Capital Fund), GAV $161,616,162Fund first reported on Form ADV Fact Form ADV
- Aug 24, 2021Fika Ventures III, L.P. filed Form D: $160,000,000 sold of $160,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Aug 24, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Aug 24, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 24, 2021 Fact Form D
- Amendment: false Aug 24, 2021 Fact Form D
- Revenue range (Form D): Not Applicable Aug 24, 2021 Fact Form D
- Incorporated: withinFiveYears Aug 24, 2021 Fact Form D
- Jurisdiction: Delaware Aug 24, 2021 Fact Form D
- Amount sold (Form D): $160M Aug 24, 2021 Fact Form D
- Offering amount (Form D): $160M Aug 24, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 24, 2021 Fact Form D
- First sale: 2021-08-11 Aug 24, 2021 Fact Form D
- Investors (Form D): 53 Aug 24, 2021 Fact Form D
- Minimum investment (Form D): 0 Aug 24, 2021 Fact Form D
- Securities offered: pooled Aug 24, 2021 Fact Form D
- Office address: Aug 24, 2021 Fact Form D
- Year of incorporation: 2021 Aug 24, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Fika Ventures III, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-04-04source on record
- Form D filed2021-08-24source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.