DFX Intelligence
Startup Capital Ventures X Sbi Fund LP
Fundmanaged by Startup Capital Ventures Management Co III, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 28 Oct 2022, Latest Form D filed on 28 Oct 2022: $32.1M sold of $50M offered, 29 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
- 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
- $50.0Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-463203
- Form D sold
- $32.1Mas of the filing of Oct 28, 2022, 29 investors
- First sale
- Oct 13, 2022
- Reported GAV
- $29.8Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 30
- 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.Unknown
latest Form D 2022-10-28, older than 15 months (fr-1)
evidence dated Oct 28, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Oct 13, 2022vintage year: 2022adv gav as of: Sep 12, 2026vintage basis: Form d first saleform d sold: $32.1Mform d offering: $50.0Mform d latest filed at: Oct 28, 2022
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 | Venture Capital Fund | $29.8M | 30 | $5,000 | 2% |
Principals and agents
3 principals on Form D, 0 placement agents
- Donavan Kealoha Executive Officer/Director
- Tomohiko Yoshida Executive Officer/Director
- Thomas Toy Executive Officer/Director
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorSINGER LEWAK · LOS ANGELES, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianCITIZENS FINANCIAL GROUP, INC. · PROVIDENCE, Rhode Island, United StatesForm ADV filed Mar 30, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Hawaii Employees' Retirement System | STATE RETIREMENT SYSTEM | $5.0M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
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
- Oct 28, 2022Startup Capital Ventures x SBI Fund, LP filed Form D: $32,121,429 sold of $50,000,000, Other Investment FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Adv pdf fund: STARTUP CAPITAL VENTURES X SBI FUND LP Sep 12, 2026 Fact Form ADV
- Entity type: Limited Partnership Oct 28, 2022 Fact Form D
- Form D fund type: Other Investment Fund Oct 28, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 28, 2022 Fact Form D
- Amendment: false Oct 28, 2022 Fact Form D
- Incorporated: withinFiveYears Oct 28, 2022 Fact Form D
- Jurisdiction: Delaware Oct 28, 2022 Fact Form D
- Amount sold (Form D): $32.1M Oct 28, 2022 Fact Form D
- Offering amount (Form D): $50.0M Oct 28, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Oct 28, 2022 Fact Form D
- First sale: 2022-10-13 Oct 28, 2022 Fact Form D
- Investors (Form D): 29 Oct 28, 2022 Fact Form D
- Minimum investment (Form D): 0 Oct 28, 2022 Fact Form D
- Securities offered: pooled Oct 28, 2022 Fact Form D
- Office address: Oct 28, 2022 Fact Form D
- Year of incorporation: 2019 Oct 28, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Startup Capital Ventures X Sbi Fund 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 filed2022-10-28source 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.