DFX Intelligence
FAI Fund I, a series of Mana Ventures Funds, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentClosed to new capitalADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 11 Mar 2024, Latest Form D filed on 11 Mar 2024: $2.75M sold of $2.75M offered, 65 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2024basis: 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
- $2.7Mwhat may be sold, not what was raised; file 021-507184, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.7Mas of the filing of Mar 11, 2024, 65 investors
- First sale
- Feb 26, 2024
- Reported GAV
- $34.8Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 65
- Reported on ADV
- Sep 12, 2026 to Sep 12, 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 2024-03-11: the stated $2.7M offering reported fully sold (fr-1)
evidence dated Mar 11, 2024.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: Feb 26, 2024vintage year: 2024adv gav as of: Sep 12, 2026vintage basis: Form d first saleform d sold: $2.7Mform d offering: $2.7Mform d latest filed at: Mar 11, 2024
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 12, 2026 | $34.8M | 65 | $3,487 | 0% |
Principals and agents
3 principals on Form D, 0 placement agents
- MV Funds, LLC Director
- Morgan Schwanke Executive Officer
- Theodore Lyons general partner (ADV 7.B.(1).A.3)
Service providers
3 named on Form ADV Schedule D and Form D
- AdministratorAngelList · SAN FRANCISCO, California, United StatesForm ADV filed Feb 11, 2026 reports.adviserinfo.sec.gov
- CustodianMERIDIAN PLATFORM SECURITIES, LLC · WAYNE, Pennsylvania, United StatesForm ADV filed Feb 11, 2026 reports.adviserinfo.sec.gov
- MarketerAngelList · WILMINGTON, Delaware, United StatesForm ADV filed Feb 11, 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.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
1 event
- Mar 11, 2024FAI Fund I, a series of Mana Ventures Funds, LP filed Form D: $2,748,392 sold of $2,748,392, Venture Capital FundForm D filed Fact Form D
Evidence
17 observations
Every observation on this vehicle
- Adv pdf fund: 34,794,209 Sep 12, 2026 Fact Form ADV
- Entity type: Limited Partnership Mar 11, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Mar 11, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 11, 2024 Fact Form D
- Amendment: false Mar 11, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 11, 2024 Fact Form D
- Incorporated: withinFiveYears Mar 11, 2024 Fact Form D
- Jurisdiction: Delaware Mar 11, 2024 Fact Form D
- Amount sold (Form D): $2.7M Mar 11, 2024 Fact Form D
- Offering amount (Form D): $2.7M Mar 11, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Mar 11, 2024 Fact Form D
- First sale: 2024-02-26 Mar 11, 2024 Fact Form D
- Investors (Form D): 65 Mar 11, 2024 Fact Form D
- Minimum investment (Form D): 3,487 Mar 11, 2024 Fact Form D
- Securities offered: pooled Mar 11, 2024 Fact Form D
- Office address: Mar 11, 2024 Fact Form D
- Year of incorporation: 2024 Mar 11, 2024 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
FAI Fund I, a series of Mana Ventures Funds, LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
1 dated event on the change ledger, latest event first
- Form D filed2024-03-11source 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.