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.
Funds / B Capital Ascent Ssea Fund I, L.P.
B Capital Ascent Ssea Fund I, L.P.
FundraisingEvergreen or indefinite offeringFundADV: Venture Capital FundB Capital GroupCayman Islands
Amounts, each with its basis
- Vintage
- 2023basis: 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
- indefinitewhat may be sold, not what was raised; file 021-494106, sworn by the adviser or filed under this vehicle
- Form D sold
- $102Mas of the filing of Jul 3, 2025, 9 investors
- First sale
- Oct 12, 2023
- Reported GAV
- $101Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 10
- Reported on ADV
- Mar 28, 2024 to Sep 14, 2026
Fundraising evidence
Evergreen or indefinite offering
Form D filed or amended 2025-07-03: offering indefinite, sold $101.6M (fr-1)
evidence dated Jul 3, 2025. A 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.
Lifecycle
Fundraising
Form D within 18 months and the offering is not sold out
first sale: 2023-10-12vintage year: $2,023adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $102Mform d offering usd: n/aform d latest filed at: 2025-07-03
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $3.8M | 5 | 53% | yes | ||
| Sep 14, 2026 | $101M | 10 | $5.0M | 12% |
Principals and agents
3 principals on Form D, 0 placement agents
- B Capital Mesa Venture GP I, L.P. Promoter
- B Capital Ascent Ssea GP I, L.P. Promoter
- B Capital Ascent Ssea GP I, L.P. general partner (ADV 7.B.(1).A.3)
Limited partners and their reported performance
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.
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
3 events
- Jul 3, 2025B Capital MESA Venture Fund I, L.P. filed Form D/A: $101,598,932 sold (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 28, 2024B Capital Ascent Ssea Fund I, L.P. first reported on Form ADV by B Capital Group (Venture Capital Fund), GAV $3,772,999Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 10, 2023B Capital Ascent SSEA Fund I, L.P. filed Form D: no sales yet (indefinite offering), Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Adv pdf fund: B CAPITAL MESA VENTURE FUND I, L.P. Sep 14, 2026 Fact IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Entity type: Other Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Other Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $102M Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-10-12 Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O B CAPITAL GROUP MANAGEMENT, L.P., 1240 ROSECRANS AVE., 5TH FLOOR, MANHATTAN BEACH, CA, 90266 Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O B CAPITAL GROUP MANAGEMENT, L.P., 1240 ROSECRANS AVE., 5TH FLOOR, MANHATTAN BEACH, CA, 90266 Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Jul 3, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Oct 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)