Multimodal-LI-1006 Fund I, a series of Platform Funds 2026, LP, has officially announced a new investment offering. This offering, filed under the SEC's Rule 506(b), allows the fund to raise a total of $89,999. The move is significant as it underscores the firm’s commitment to the venture capital sector, which is increasingly competitive.
The fund's offering is exclusively available to accredited investors, with a minimum investment requirement set at $5,000. This strategy is designed to attract serious investors while ensuring compliance with regulatory requirements.
Background
Multimodal-LI-1006 Fund I operates as a limited partnership, incorporated in Delaware. The firm is categorized under the pooled investment fund industry, focusing specifically on venture capital. The fund’s business address is located at 2006 196th St SW, Suite 114, Lynnwood, Washington.
According to recent filings, the fund is relatively new, having been established in 2026. The latest filing was made on November 6, 2026, under the SEC Form D, which is typically used for private placements.
What the Filing Says
The filing indicates that the total offering amount has reached $89,999, with the total amount sold being the same. Notably, there are no remaining funds available from this offering. The filing states, “This amount represents the dollar value of a one-time fee paid to the fund administrator and/or its affiliates to cover administrative expenses for the life of the fund.”
Impact
This new offering could have implications for various stakeholders, including the investors who are looking for opportunities in the venture capital space. With a total of five accredited investors already participating, the fund is poised to attract more interest as it moves forward.
What's Next
The filing does not say what happens next. However, it is expected that the fund will continue to seek additional investment opportunities and may provide further updates in future filings.
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