Lever VC
Lever VC last closed a fund in January 2024 — 34 months ago.
2 funds on record — a rhythm needs three. No month is guessed; the filing will say.
Mid-cycle This firm is far enough into its last fund to be investing, and too early to be raising again.
Still filing with the SEC: January 2026. That is an amendment to an existing offering, not a new fund - which is what an evergreen structure looks like in this data.
- Funds on file
- 2
- Capital raised
- $36M
- Latest close
- January 2024
- Based in
- non-US
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Lever VC Fund II LP | January 2024 | $13M | 0002008045 ↗ |
| Lever VC Fund I LP | June 2020 | $23M | 0001887200 ↗ |
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Lawrence Sheng Yu Chu, Nicholas Cooney, Ulric Yuk Lun Leung, Xiao Jia Huang
What Lever VC invests in
- Typical fund
- $23M median, pre-seed / seed scale
- Website
- vsfg.com
Service providers
- Fund administrator
- Apex (2 funds)
- Auditor
- PwC (2 funds)
From Form ADV filed by VSFG ASSET MANAGEMENT LIMITED CRD 323932 ↗, latest filing March 2025, covering 2 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since — and this adviser has not filed since then in our data. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.