Embarc
Venture

TCP Exploration Fund 2025, LP

Raising 2026-01-13

Venture Capital Fund · adviser (attributed) Quid Capital Group Holdings, LLC

  • CIK 2047650
  • File 021-534358
  • State CA
  • 506(b)
  • 3(c)(7)
Sought
Indefinite
no ceiling stated
Sold so far
$290M
as of 2026-01-13
Investors
61
reported
Minimum investment
$0
no minimum, as filed

Connected

from Form D 021-534358
Adviser (attributed)Quid Capital Group Holdings, LLCPeople · Item 3Troy Capital Partners X GP, LLC + 2 moreFiling · 2026-01-13Form D 021-534358Sales · Item 12Aldwych Securities LLCFund family · dashboard48 funds on its Form ADV
TCP Exploration Fund 2025, LPCIK 2047650

Fund size — sought vs sold

No ceiling stated: the Form D answers "Indefinite", so $290M sold is the running total of subscriptions, not a share of a target.

Facts

As its latest Form D states them

Fund type
Venture Capital Fund
Adviser (attributed)
Quid Capital Group Holdings, LLC
State
California (CA)
Exemptions
Rule 506(b); Investment Company Act Section 3(c)(7)
First filed
2025-01-06
Latest filing
2026-01-13
First sale
2025-01-06
Filings
2 Form D

People

Named in Item 3 of its latest Form D, filed 2026-01-13

Related persons
NameRelationshipClarification
Troy Capital Partners X GP, LLCRelationshipExecutive OfficerClarificationGeneral Partner of the Issuer
Josh BermanRelationshipExecutive OfficerClarificationManager of the General Partner of the Issuer
Anthony TuckerRelationshipExecutive OfficerClarificationManager of the General Partner of the Issuer

Sales compensation

Named in Item 12 of its Form D filings

Sales compensation recipients
RecipientCRDBroker-dealerOfferings
Aldwych Securities LLCCRD167980Broker-dealer—Offerings1
FNEX Capital, LLCCRD166316Broker-dealer—Offerings1
Hollister Associates LLCCRD173366Broker-dealer—Offerings1
Rainmaker Securities LLCCRD132995Broker-dealer—Offerings1

Amendments

amount sold · by filing date
2026-01-13 · $290M
  1. 2025-01-06$0D · 0 inv.
  2. 2026-01-13$290MD/A · 61 inv.

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($290M)

The other funds of Quid Capital Group Holdings, LLC (48 on Form ADV) and every Form D as filedSee plans

A fund's Form D states its target and what it has sold so far. The dashboard puts it beside the adviser's other funds from Form ADV, the startups linked to it, and every amendment as filed.

  • The adviser's Venture page: its Form ADV funds, assets and other Form D offerings
  • Where co-filings link it, the startups this fund backed
  • Every Form D and amendment as filed, with what each one stated
  • Everyone its filings name, linked to their other funds and companies

Part of the Venture plan — $140/mo at launch pricing ($350 list)

See plans

External link: SEC Filings ↗