Ballistic Ventures Fund B, LP has announced its intention to raise $130 million through a new venture capital fund. This filing, submitted on November 2, 2026, is significant as it reflects the ongoing interest in pooled investment funds and venture capital opportunities.

Ballistic Ventures Fund B, LP is a limited partnership incorporated in Delaware, with its business address located at 1600 El Camino Real, Suite 170, Menlo Park, California. The firm is categorized as a pooled investment fund and is focused on venture capital investments. This filing is part of their efforts to secure funding for future investments.

The filing indicates that the offering is being conducted under Rule 506(b) and includes federal exemptions under Section 3(c) and Section 3(c)(7) of the Investment Company Act. The total offering amount is set at $130 million, with no funds raised as of the filing date. The company has not yet accepted any investments, and the date of the first sale is yet to occur.

This fundraising effort may impact various stakeholders, including potential investors who are looking for opportunities in the venture capital space. The firm has stated that it will not accept investments from non-accredited investors, which could limit the pool of potential backers.

Details were not available in the SEC filing regarding what the next steps will be following this announcement. However, the firm has indicated a clear intent to proceed with its fundraising efforts.