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 / Vivo Capital Fund X, L.P.
Vivo Capital Fund X, L.P.
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 021-488238, sworn by the adviser or filed under this vehicle
- Form D sold
- $717Mas of the filing of Jan 20, 2026, 20 investors
- First sale
- Jul 31, 2023
- Reported GAV
- $548Mon the Form ADV filed Sep 19, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 16
- Reported on ADV
- Mar 28, 2024 to Sep 19, 2024
Fundraising evidence
Evergreen or indefinite offering
Form D filed or amended 2026-01-20: offering indefinite, sold $717.0M (fr-1)
evidence dated Jan 20, 2026. 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: 2023-07-31vintage year: $2,023adv gav as of: 2024-09-19vintage basis: form_d_first_saleform d sold usd: $717Mform d offering usd: n/aform d latest filed at: 2026-01-20
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 | Private Equity Fund | $548M | 16 | $25.0M | 2% | no | |
| Sep 19, 2024 | Private Equity Fund | $548M | 16 | $25.0M | 2% | no |
Principals and agents
9 principals on Form D, 1 placement agents
- David Liu Director
- Shan Fu Director
- Frank Kung Director
- Gaurav Aggarwal Director
- Vivo Capital X, LLC Promoter
- Edgar Engleman Director
- Michael Chang Director
- Hongbo Lu Director
- Jack Nielsen Director
- Avenue Alternatives Pte. Ltd. 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
4 events
- Jan 20, 2026Vivo Capital Fund X, L.P. filed Form D/A: $717,000,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Jan 8, 2025Vivo Capital Fund X, L.P. filed Form D/A: $707,000,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 28, 2024Vivo Capital Fund X, L.P. first reported on Form ADV by Vivo Capital, LLC (Private Equity Fund), GAV $547,959,184Fund 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)
- Jul 28, 2023Vivo Capital Fund X, L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $717M Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $707M Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-07-31 Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-07-31 Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 20 Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 19 Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 192 LYTTON AVENUE, PALO ALTO, CA, 94301 Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 192 LYTTON AVENUE, PALO ALTO, CA, 94301 Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 192 LYTTON AVENUE, PALO ALTO, CA, 94301 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jan 20, 2026 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jan 8, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)