Active: new fund Oct 2026 Verified 4 Nov 2026
Substance
Substance is a VC firm based in Berkeley, California, United States.
- Type
- VC firm
- Location
- Berkeley, California, United States
- Fund size / AUM
- $15M Substance I (Form D offering, 2026)
- Latest fund or filing
- 21 Oct 2026
- Website
- substanceventures.com
Fund filings (SEC Form D)
- Latest fund on file
- nFactorial Ventures Fund I
- Filed
- 21 Oct 2026 (new notice)
- Fund size
- $10M (total offering)
- Fund vehicles filed in the last 12 months
- 4 (includes feeder and parallel vehicles)
See this fund's filings on SEC EDGAR
Contacts on file
For Substance, the paid file holds: 4 named decision-makers with roles.
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