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 / Prime Movers Lab Fund III LP

Prime Movers Lab Fund III LP

Active deploymentUnknownFundADV: Venture Capital FundPrime Movers Lab LLCDelaware
Amounts, each with its basis
Vintage
2022basis: 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
$250Mwhat may be sold, not what was raised; file 021-429953, sworn by the adviser or filed under this vehicle
Form D sold
$237Mas of the filing of Jan 19, 2023, 146 investors
First sale
Jan 4, 2022
Reported GAV
$155Mon the Form ADV filed Jun 26, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
147
Reported on ADV
Mar 8, 2023 to Jun 26, 2024
Fundraising evidence
Unknown
latest Form D 2023-01-19, older than 15 months (fr-1)
evidence dated Jan 19, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-01-04vintage year: $2,022adv gav as of: 2024-06-26vintage basis: form_d_first_saleform d sold usd: $237Mform d offering usd: $250Mform d latest filed at: 2023-01-19
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 8, 2023Venture Capital Fund$42.9M
147$25,0002%yes
Mar 19, 2024Venture Capital Fund$155M
147$25,0002%yes
Jun 26, 2024Venture Capital Fund$155M
147$25,0002%yes
Principals and agents
5 principals on Form D, 1 placement agents
  • Prime Movers Early Growth GP III LLC Executive Officer
  • Dakin Sloss Director
  • Prime Movers Lab GP III LLC Executive Officer
  • JON Layman Executive Officer
  • Taylor Frankel Executive Officer
  • Trinity Group Limited placement agent
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
  1. Mar 8, 2023
    Prime Movers Lab Fund III LP first reported on Form ADV by Prime Movers Lab LLC (Venture Capital Fund), GAV $42,856,055
    Fund 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)
  2. Jan 19, 2023
    Prime Movers Lab Fund III LP filed Form D/A: $237,460,000 sold of $250,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jan 19, 2022
    Prime Movers Lab Fund III LP filed Form D: $185,675,000 sold of $1,350,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle