Is a
Investment Fund attributes
Parent Investment Firm
Total Offering (USD)
21,178,703
Total Sold (USD)
12,050,000
CIK Number
Investment Fund Type
Location
Date Incorporated
2018
Date Signed
April 25, 2018
Place of Incorporation
Legal classification
Despite its name, 500 Durians Growth Fund I, L.P. is not a growth-stage fund meant to invest in a broad range of companies. Rather, according to 500 Startups, the fund is in fact a special purpose vehicle (SPV) earmarked for a follow-on investment in one of 500 Durians' portfolio companies.
Follow-up reporting from Crunchbase News confirmed that the SPV was earmarked for the accelerator's participation in Carousell's Series C funding round, which was announced in May 2018.
Timeline
No Timeline data yet.
