Weekly Fund Digest - December 22, 2025 | VC & PE Form D Filings

Automated Digest

December 22, 20255 min read

Latest SEC Form D filings: 5 venture capital and 2 private equity funds raising $133M total. Featured: Linse Ignition WB LP $45M 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



Linse Ignition WB LP filed for $45.0 million from their RENO, NV headquarters, the provided sources do not contain information about a firm or fund named “Linse Ignition WB LP,” so a factual description cannot be compiled from the available data. ([linsecapital.com/about-us](https://www.linsecapital.com/about-us), [linsecapital.com/companies](https://www.linsecapital.com/companies), [Tracxn profile](https://tracxn.com/d/venture-capital/linse-capital/__qzIK4U6HfpZkK2niBfJ7YxABPVjLkrj81H7p8a1L4Z0))



Neo SPV 4.4, LP filed for $26.9 million from their SAN MATEO, CA headquarters, neo is a San Francisco‑based venture capital firm and accelerator founded in 2017 by Ali Partovi, managing over $1 billion in assets and operating a mentorship community for early‑stage technology startups ([wikipedia.org](https://en.wikipedia.org/wiki/Neo_(venture_capital_firm)); [cbinsights.com](https://www.cbinsights.com/investor/neo-fund)). Its SPV 4.4 LP, part of the fourth fund that raised $320 million in 2025, focuses on seed‑stage tech companies—especially consumer and enterprise SaaS and emerging AI platforms—providing capital and accelerator support ([neo.substack.com](https://neo.substack.com/p/neo-just-raised-320-million); [cbinsights.com](https://www.cbinsights.com/investor/neo-fund)). Notable portfolio companies include Anysphere, Kalshi, Cognition AI, Cursor and Bluesky ([wikipedia.org](https://en.wikipedia.org/wiki/Neo_(venture_capital_firm)); [neo.substack.com](https://neo.substack.com/p/neo-just-raised-320-million)).



ARCHITECT JUUL SPV V, LLC filed for $11.0 million from their SAN FRANCISCO, CA headquarters, the provided search results do not contain any information on ARCHITECT JUUL SPV V, LLC, so a background, strategy, or portfolio details cannot be supplied. ([aum13f.com](https://aum13f.com/fund/architect-capital-borrower-spv-i-llc))



FPG Ad Claritas VI, LP filed for $10.6 million from their CHICAGO, IL headquarters, i’m unable to provide a description because the available sources do not contain information on FPG Ad Claritas VI, LP. ([claritascapital.com](https://www.claritascapital.com))



POV Ventures Fund I, LP filed for $10.0 million from their San Francisco, CA headquarters, pOV Ventures Fund I, LP is the inaugural fund of Purple Orange Ventures, a firm that backs early‑stage food‑tech and biotech founders developing alternative‑protein and cellular‑agriculture solutions. The fund focuses on cultivated meat, microbial fermentation and plant‑based innovations, with portfolio companies such as Arkeon, CellX and Liven Proteins. ([purpleorange.com](https://www.purpleorange.com))






Private Equity



Top by Amount Raised



LPS Investco LP filed for $20.5 million from their MENLO PARK, CA headquarters, lPS Investco LP, the investment vehicle of LPS Partners founded in January 2013 in New York, operates as an idea‑driven boutique that leverages its broker‑dealer and futures affiliates to create long‑term value through execution across the capital structure—including bank loans, high‑yield bonds, distressed equity and special‑situations securities ([lpspllc.com](https://www.lpspllc.com/about-us))). Its strategy focuses on deep industry expertise and relationship‑driven sourcing to provide liquidity and differentiated views for institutional clients such as banks, hedge funds and family offices, while no specific portfolio companies are publicly disclosed for LPS Investco LP ([lpspllc.com](https://www.lpspllc.com/about-us)).



Arc GP Partners II LLC filed for $9.0 million from their LOS ANGELES, CA headquarters, arc GP Partners II LLC is the second closed‑end fund of Arc Capital Partners, a privately held middle‑market real‑estate manager founded in 2013 that targets value‑add opportunities in high‑barrier‑to‑entry Sunbelt markets—primarily attainable housing, necessity retail and last‑mile industrial assets—using structured preferred equity to seek high‑teen gross returns with downside protection ([arccapitalpartners.com](https://arccapitalpartners.com), [go.boarddocs.com](https://go.boarddocs.com/il/ctpf/Board.nsf/files/DE8RFY6DD991/$file/Arc%20-%20PUBLIC%20-%204%20March%202025.pdf)). Notable portfolio holdings include Bellrock Memorial in Houston, The Plant in San Jose and Lido Marina Village in Newport Beach ([arccapitalpartners.com](https://arccapitalpartners.com/portfolio)).

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