MA-1004 Fund I, a series of FDVC, LP, has successfully completed its private offering, raising a total of $849,998. This event is significant as it showcases the ongoing interest in venture capital funds, which are crucial for fostering innovation and supporting startups.

Based in Lynnwood, Washington, MA-1004 Fund I is a limited partnership established in 2026. The company focuses on pooled investment funds, specifically in the venture capital sector. This filing marks their first submission under the SEC, with the latest form D filed on November 6, 2026.

The filing indicates that the total offering amount was $849,998, which has been fully sold. It also notes that the minimum investment accepted was $10,000, allowing a total of 28 investors to participate. Notably, the fund does not have any non-accredited investors.

According to the filing, the proceeds from this offering will primarily cover administrative expenses for the life of the fund, with an estimated $8,000 allocated for these costs. This one-time fee is intended for the fund administrator and its affiliates.

The impact of this offering may resonate across the venture capital industry, as it reflects the confidence investors have in new funds and their potential for growth. The successful completion of this offering may encourage other funds to pursue similar paths, potentially leading to increased activity in the venture capital space.

As for what’s next, the filing does not specify any further actions or upcoming filings related to this offering. Investors and industry watchers will be keen to see how MA-1004 Fund I deploys its capital and the opportunities it pursues in the coming months.