DFX Intelligence
Space Factory 2025, a series of Capital Factory SPVs, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingActive offering evidenceADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 1 Oct 2025, Latest Form D filed on 1 Oct 2025: no amount sold reported of $5.9M offered, 43 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
- 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
- $5.9Mwhat may be sold, not what was raised; file 021-559380, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Oct 1, 2025, 43 investors
- First sale
- Sep 12, 2025
- Reported GAV
- $5.9Mon the Form ADV filed Sep 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 43
- 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.Active offering evidence
Form D filed or amended 2025-10-01: sold $0 of a stated $5.9M offering (fr-1)
evidence dated Oct 1, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: Sep 12, 2025vintage year: 2025adv gav as of: Sep 12, 2026vintage basis: Form d first saleform d sold: $0form d offering: $5.9Mform d latest filed at: Oct 1, 2025
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 | $5.9M | 43 | $1,000 | 0% |
Principals and agents
3 principals on Form D, 0 placement agents
- Capital Factory SPVs, LP Director
- Jamie Serio Director
- Capital Factory Management SPV 1, LLC general partner (ADV 7.B.(1).A.3)
Service providers
3 named on Form ADV Schedule D and Form D
- AdministratorBelltower Fund Group (AngelList) · SEATTLE, Washington, United StatesForm ADV filed Mar 25, 2026 reports.adviserinfo.sec.gov
- CustodianBelltower Fund Group (AngelList) · SEATTLE, Washington, United StatesForm ADV filed Mar 25, 2026 reports.adviserinfo.sec.gov
- MarketerAngelList · SAN FRANCISCO, California, United StatesForm ADV filed Mar 25, 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.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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 1, 2025Space Factory 2025, a series of Capital Factory SPVs, LP filed Form D: no sales yet of $5,900,000, Venture Capital FundForm D filed Fact Form D
Evidence
17 observations
Every observation on this vehicle
- Adv pdf fund: 5,858,153 Sep 12, 2026 Fact Form ADV
- Entity type: Limited Partnership Oct 1, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Oct 1, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 1, 2025 Fact Form D
- Amendment: false Oct 1, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 1, 2025 Fact Form D
- Incorporated: withinFiveYears Oct 1, 2025 Fact Form D
- Jurisdiction: Delaware Oct 1, 2025 Fact Form D
- Amount sold (Form D): $0 Oct 1, 2025 Fact Form D
- Offering amount (Form D): $5.9M Oct 1, 2025 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Oct 1, 2025 Fact Form D
- First sale: 2025-09-12 Oct 1, 2025 Fact Form D
- Investors (Form D): 43 Oct 1, 2025 Fact Form D
- Minimum investment (Form D): 0 Oct 1, 2025 Fact Form D
- Securities offered: pooled Oct 1, 2025 Fact Form D
- Office address: Oct 1, 2025 Fact Form D
- Year of incorporation: 2025 Oct 1, 2025 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Space Factory 2025, a series of Capital Factory SPVs, 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 filed2025-10-01source 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.