Weekly Fund Digest - December 18, 2025 | VC & PE Form D Filings
Automated Digest
Latest SEC Form D filings: 5 venture capital and 2 private equity funds raising $4359M total. Featured: Accel Leaders 5 L.P. $4000M VC fund. Analysis of top investment fund formations, LP fundraising trends, and emerging fund managers.
Note: "Amount Raised" reflects the total offering amount disclosed in SEC Form D filings. Funds reporting $0 are excluded from this digest. AUM data is sourced from Form ADV filings where available.
Venture Capital
Top by Amount Raised
Accel Leaders 5 L.P. filed for $4000.0 million from their PALO ALTO, CA headquarters is a venture capital fund managed by Accel, a prominent global firm founded in 1983 that invests in enterprise, SaaS, and consumer technology companies across seed, early, and growth stages worldwide ([Accel](https://www.accel.com), [Private Equity International](https://www.privateequityinternational.com/institution-profiles/accel.html)). The fund focuses on supporting high-growth software and tech-enabled businesses, with notable investments in companies like Facebook, Spotify, and Slack ([Crunchbase](https://news.crunchbase.com/venture/famed-vc-firm-accel-raising-2-5b-for-new-funds)).
Flume Ventures Entrepreneurs Fund, L.P. filed for $125.0 million from their INCLINE VILLAGE, NV headquarters, as of December 18, 2025, Flume Ventures Entrepreneurs Fund, L.P. is a relatively new venture capital firm founded in 2023, based in Incline Village, US. It primarily invests in seed-stage startups across sectors such as enterprise applications, high tech, and consumer markets, with a focus on partnering with visionary founders and experienced operators ([Tracxn](https://tracxn.com/d/venture-capital/flume-ventures/__xQDOtgE4uQooeqZRaz5Qc4d7_WUo7X0t6rdtYhRnI_w)). Notable portfolio companies include Positron and Orderful, reflecting its emphasis on early-stage, innovative technology startups ([Tracxn](https://tracxn.com/d/venture-capital/flume-ventures/__xQDOtgE4uQooeqZRaz5Qc4d7_WUo7X0t6rdtYhRnI_w)).
Altimeter Reindustrialization Opportunities Fund, L.P. filed for $125.0 million from their BOSTON, MA headquarters is managed by Altimeter Capital, a technology-focused investment firm founded in 2008. The fund invests in industrial reindustrialization initiatives, such as advanced manufacturing and critical supply chain resilience, with a focus on sectors like rare earth magnets and infrastructure. Notable portfolio companies include Vulcan Elements, which is building U.S.-based rare earth magnet production facilities ([Sourcery](https://www.sourcery.vc/p/breaking-altimeter-leads-65m-series)).
Premise Ventures Fund I, L.P. filed for $100.0 million from their SOUTH SAN FRANCISCO, CA headquarters is a private equity firm founded in 2012, based in New York, with a focus on developing data and analytics platforms that leverage machine learning and high-frequency data to inform investment and policy decisions ([PitchBook](https://pitchbook.com/profiles/company/55032-94)). Its investment strategy centers on late-stage ventures, particularly in companies utilizing advanced data collection and analysis technologies, with notable portfolio companies including Premise, a crowdsourced economic data platform backed by prominent investors like Google Ventures and WestCap ([Tracxn](https://tracxn.com/d/companies/premise/__5vaUtrpEqXVHyPigqdQ-_ZFmZOm72e3Mv3IXGa4q0w8)).
SemperVirens-MI-1118 Fund I, a series of AngelList Funds 2025, LP filed for $5.1 million from their LYNNWOOD, WA headquarters, semperVirens-MI-1118 Fund I is part of SemperVirens Venture Capital, a firm established in 2018 that focuses on investing in health tech, fintech, and workforce technology companies. The firm employs a strategic approach emphasizing operational support, market access, and accelerating growth, with notable investments in early-stage companies transforming work, health, and financial services ([SemperVirens VC](https://www.sempervirensvc.com/resources/insights), [PitchBook](https://pitchbook.com/profiles/investor/314633-80)). The fund is aligned with the firm’s broader mission to back innovative startups that improve stakeholder access, outcomes, and market reach.
Private Equity
Top by Amount Raised
Telis South Havana Co-GP Partners LP filed for $2.5 million from their FORT WORTH, TX headquarters is a private equity firm specializing in flexible equity capital solutions for real estate developers and operators, with a focus on multifamily projects. The firm employs a tailored investment strategy aimed at supporting development throughout project lifecycles, leveraging deep industry expertise, and fostering collaborative partnerships, although specific notable portfolio companies are not publicly disclosed ([Telis Group](https://www.telisgrp.com), [Telis Energy](https://telisenergy.com)).
Yellowvan, LP filed for $1.0 million from their DEL MAR, CA headquarters is a venture capital firm launched in 2023 by ex-Atomico investor Adam Lasri and Glovo founders Oscar Pierre and Sacha Michaud. The firm focuses on Pre-Seed investments across Southern Europe, particularly in underserved markets like Spain, Italy, and Portugal, with sector-agnostic funding typically ranging from €200,000 to €500,000 ([tech.eu](https://tech.eu/2023/11/07/ex-atomico-iinvestor-and-glovo-founders-launch-yellow-a-vc-firm-for-southern-europe)). Notable investments and portfolio companies are currently undisclosed.