Nebular last closed a fund in September 2025 — 12 months ago.
This firm closed a fund recently and has capital to put to work.
| Vehicle | First close | Amount |
|---|---|---|
| Nebular Fund II, LP | September 2025 | $32M |
| Nebular Fund I, LP | January 2023 | $4M |
| ST-0426 Fund IV, a series of Nebular Expansion, LP | June 2026 | $2M |
| OR-0520 Fund I, a series of Nebular Expansion II, LP | May 2026 | $768,000 |
| LO-0330 Fund II, a series of Nebular Expansion, LP | May 2026 | $178,930 |
| PA-0304 Fund I, a series of Nebular Expansion, LP | May 2026 | $90,274 |
| AM-0316 Fund I, a series of Nebular Expansion, LP | March 2026 | $66,522 |
| ST-0223 Fund III, a series of Nebular Expansion, LP | March 2026 | $2M |
| ST-0106 Fund II, a series of Nebular Expansion, LP | March 2026 | $2M |
| PR-1118 Fund I, a series of Nebular Expansion Series, LP | December 2025 | $1M |
| ST-1013 Fund I, a series of Nebular Expansion, LP | October 2025 | $800,000 |
Finn Murphy, N/A Nebular Fund I GP, LLC, N/A Nebular Fund II GP, LLC, N/A Nebular Management, LLC
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.
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. Roughly 40% of venture rounds are raised under exemptions that carry no filing obligation, so a firm that does not file 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.