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 / Powerplant Ventures, L.P.

Powerplant Ventures, L.P.

MatureUnknownFundADV: Venture Capital FundGroundforce Capital Management, LLCDelaware
Amounts, each with its basis
Vintage
2019basis: adv first reported
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
unknownwhat may be sold, not what was raised; file 021-241999, sworn by the adviser or filed under this vehicle
Form D sold
unknown
First sale
unknown
Reported GAV
$10.5Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
53
Reported on ADV
Feb 19, 2019 to Mar 27, 2024
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Mature
vintage 4 to 7 years
age years: 7first sale: n/avintage year: $2,019adv gav as of: 2024-03-27vintage basis: adv_first_reportedform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
20 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jan 3, 2017Venture Capital Fund$41.8M
50$50,0004%yes
Mar 15, 2018Venture Capital Fund$41.8M
50$50,0004%yes
Feb 12, 2019Venture Capital Fund$41.8M
50$50,0004%yes
Feb 19, 2019Venture Capital Fund$54.7M
50$50,0004%yes
Mar 30, 2020Venture Capital Fund$58.5M
51$50,0004%yes
Jun 3, 2020Venture Capital Fund$58.5M
514%yes
Dec 15, 2020Venture Capital Fund$50.7M
514%yes
Dec 21, 2020Venture Capital Fund$50.7M
514%yes
Dec 21, 2020Venture Capital Fund$50.7M
514%yes
Apr 13, 2021Venture Capital Fund$50.7M
514%yes
Nov 2, 2021Venture Capital Fund$50.7M
514%yes
Mar 25, 2022Venture Capital Fund$47.3M
51$50,0004%yes
Mar 30, 2022Venture Capital Fund$47.3M
51$50,0004%yes
Feb 16, 2023Venture Capital Fund$47.3M
51$50,0004%yes
Mar 28, 2023Venture Capital Fund$15.8M
53$50,0000%yes
Apr 28, 2023Venture Capital Fund$15.8M
53$50,0000%yes
Jun 5, 2023Venture Capital Fund$15.8M
53$50,0000%yes
Jul 31, 2023Venture Capital Fund$15.8M
53$50,0000%yes
Aug 8, 2023Venture Capital Fund$15.8M
53$50,0000%yes
Mar 27, 2024Venture Capital Fund$10.5M
53$50,0000%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
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
2 events
  1. Feb 19, 2019
    Powerplant Ventures, L.P. first reported on Form ADV by Powerplant Management, LLC (Venture Capital Fund), GAV $54,748,595
  2. Jan 3, 2017
    Powerplant Ventures, L.P. first reported on Form ADV by Powerplant Ventures (Venture Capital Fund), GAV $41,775,000
Evidence
0 observations
Every observation on this vehicle