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.
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Funds / J••• S•• 2• a• s••••• o• B•••• C•••••• M•••••• L•
J••• S•• 2• a• s••••• o• B•••• C•••••• M•••••• L•
Newly closedClosed to new capitalSPV or co-invest vehicleADV: Venture Capital FundB•••• C•••••• L••Delaware
Amounts, each with its basis
- Vintage
- 2025basis: 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
- $1.2Mwhat may be sold, not what was raised; file 021-558306, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.2Mas of the filing of Sep 23, 2025, 13 investors
- First sale
- Sep 18, 2025
- Reported GAV
- $1.2Mon the Form ADV filed Sep 13, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 0
- Reported on ADV
- Sep 12, 2026 to Sep 13, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2025-09-23: the stated $1.2M offering reported fully sold (fr-1)
evidence dated Sep 23, 2025. 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
Newly closed
first sale within 24 months; Form D sold out or quiet
first sale: 2025-09-18vintage year: $2,025adv gav as of: 2026-09-13vintage basis: form_d_first_saleform d sold usd: $1.2Mform d offering usd: $1.2Mform d latest filed at: 2025-09-23
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 13, 2026 | $1.2M | 0 | $1,000 | 0% |
Principals and agents
3 principals on Form D, 0 placement agents
- R••••• B•••••• Executive Officer
- • B•••• C•••••• L•• Director
- • B•••• C•••••• L•• general partner (ADV 7.B.(1).A.3)
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
1 events
- Sep 23, 2025J••• S•• 2• a• s••••• o• B•••• C•••••• M•••••• L• filed Form D: $1,201,000 sold of $1,201,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
17 observations
Every observation on this vehicle
- Adv pdf fund: JOEY SPV 2, A SERIES OF BERCH CAPITALMASTER, LP Sep 13, 2026 Fact IAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Entity type: Limited Partnership Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.2M Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.2M Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2025-09-18 Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 13 Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 1,000 Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 10208 Beard Ave, Austin, TX, 78748 Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2025 Sep 23, 2025 Fact SEC EDGAR Form D data sets (quarterly)