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 / Breakthrough Energy Ventures III, L.P.
Breakthrough Energy Ventures III, 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 021-488246, sworn by the adviser or filed under this vehicle
- Form D sold
- $839Mas of the filing of Jul 31, 2024, 35 investors
- First sale
- Jul 31, 2023
- Reported GAV
- $763Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 27
- Reported on ADV
- Mar 28, 2024 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2024-07-31, older than 15 months (fr-1)
evidence dated Jul 31, 2024. 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: 3first sale: 2023-07-31vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $839Mform d offering usd: n/aform d latest filed at: 2024-07-31
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $763M | 27 | 0% | yes |
Principals and agents
1 principals on Form D, 0 placement agents
- Rodrigo Guidero Executive Officer
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 31, 2024Breakthrough Energy Ventures III, L.P. filed Form D/A: $839,368,421 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 28, 2024Breakthrough Energy Ventures III, L.P. first reported on Form ADV by Breakthrough Energy Ventures (Venture Capital Fund), GAV $762,646,622Fund 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, 2023Breakthrough Energy Ventures III, L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 31, 2024 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 Jul 31, 2024 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 Jul 31, 2024 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 Jul 31, 2024 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 Jul 31, 2024 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 Jul 31, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jul 31, 2024 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): $839M Jul 31, 2024 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: 06c, 3C, 3C.7 Jul 31, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06c, 3C, 3C.7 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-07-31 Jul 31, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jul 31, 2024 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): 35 Jul 31, 2024 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 Jul 31, 2024 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 Jul 31, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: BREAKTHROUGH ENERGY VENTURES MANAGEMENT, 250 SUMMER STREET, 4TH FLOOR, BOSTON, MA, 02210 Jul 31, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: BREAKTHROUGH ENERGY VENTURES MANAGEMENT, 250 SUMMER STREET, 4TH FLOOR, BOSTON, MA, 02210 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Jul 31, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2023 Jul 28, 2023 Fact SEC EDGAR Form D data sets (quarterly)