VC Claims 3.28% of August 17's Capital — 23 Vehicles, RV BF1 Leads at $250M

Venture capital vehicles represented 20.5% of the vehicle count on August 17 but only 3.28% of total capital disclosed. The 23 VC vehicles collectively reported $432 million, led by RV BF1, L.P. at $250 million, a vehicle associated with Jordan Jacobs and Radical Ventures. The pattern holds with prior batches: VC vehicles are numerous but individually small relative to hedge fund and PE vehicles, reflecting the structural difference in how venture capital is raised and deployed.

RV BF1 — Radical Ventures' Largest Vehicle of the Day

RV BF1, L.P. filed $250 million, making it the dominant VC vehicle of the day and the eighth-largest single vehicle overall. Jordan Jacobs is Co-Founder and Managing Partner of Radical Ventures, the Toronto-based AI-focused venture firm that closed a $650 million USD early-stage AI fund. RV BF1 is consistent with Radical Ventures' fund family naming convention and represents one vehicle within their ongoing capital formation activity. Radical Ventures has backed AI companies across infrastructure, enterprise software, and scientific applications, with a portfolio that spans Canada, the United States, and select international markets.

Iterative Fund III and Southeast Asia

Iterative Fund III, LP disclosed $50.2 million. Iterative is a Singapore-based, YC-style accelerator and early-stage VC firm focused on Southeast Asia. Founded in 2019 by Brian Ma and Cathy Guo, Iterative has run two batches per year investing in early-stage founders across the region. Fund III represents the continuation of a capital formation pattern that has expanded its deployment scope from pure accelerator investing toward seed and pre-seed direct investments. At $50.2 million, Fund III is a meaningful step up in fund size for a manager that has focused on capital-efficient early-stage support.

Sparrow Capital III and EGT Cluster

Sparrow Capital III Trust disclosed $49.7 million, rounding out the top three VC vehicles of the day. EGT Fund III LLC filed $28.7 million, with four additional EGT vehicles (EGT North, EGT 23, EGT 14, EGT-West) filing a combined $8.7 million — a cluster pattern consistent with a manager operating a family of parallel vehicles across geographic or thematic mandates. The remaining 15 VC vehicles ranged from $250,000 down to sub-$100,000, representing small club deals and SPV co-investments.

Find investors who are actively deploying by creating your pitch listing on AngelLinx @ angellinx.ai/register.

AngelLinx Intelligence | angellinx.ai