Decimus Defense Fund LLC - Series 16 has completed a private offering, successfully raising $345,001. This development is significant as it underscores the fund's ability to attract investments while complying with SEC regulations.

The company, Decimus Defense Fund LLC - Series 16, is incorporated in Delaware and operates as a pooled investment fund under the SEC's 1933 Act. The fund is classified as a venture capital fund and is designed to cater to accredited investors.

The recent SEC filing indicates that the offering was made under Rule 506(b), which provides a safe harbor for private offerings. The filing states, "totalOfferingAmount: 345001" and "totalAmountSold: 345001," confirming the full amount raised.

This successful offering may impact various stakeholders, including the seven investors who have already participated. The fund does not appear to have any non-accredited investors, which aligns with its target market.

The filing does not say what happens next.

Company Details and Leadership

Decimus Defense Fund LLC - Series 16 is a limited liability company incorporated in Delaware. The fund is led by CEO Jared Snow, who signed the SEC filing on November 5, 2026. The company operates from its business address at 8 The Green, Suite 13283, Dover, DE 19901.

The fund is categorized as a venture capital fund and adheres to the Investment Company Act under Sections 3(c)(1) and 3(c)(7), which allows it to operate as a pooled investment fund.

Offering Structure and Financials

The offering was conducted under Rule 506(b), which allows companies to raise capital while limiting the number of non-accredited investors. The filing confirms that there were no sales commissions or finder’s fees associated with this offering, indicating a straightforward capital-raising process.

As of the filing date, the total amount sold was $345,001, with no remaining amount left to be sold, suggesting a fully subscribed offering. The fund has not disclosed its revenue range, stating it as 'Decline to Disclose'.

Future Considerations

The filing does not provide specific details on the intended use of proceeds from this offering, nor does it outline any future plans or strategies for the fund following this capital raise.