NE-0415 Fund I, a series of Umami Capital, LP

With no prior EDGAR filings under Umami Capital, this is the manager's first registered venture fund, signaling either a newly formed GP entity or a transition from unregistered fund activity; the two named GPs and reliance on a 06(b) exemption (pre-existing relationships only) indicates this is a tightly controlled raise from a known LP base rather than a public market-building exercise.

A mid-2026 filing from a manager with no prior public fund history points to either backfill registration of an already-forming fund or preparation for a Series A raise in the next 6-12 months; the timing aligns with LP budget cycles and renewed allocations to emerging venture managers post-2025, though the $0M placeholder suggests the actual commitment phase remains ahead.

Before engaging, verify whether this $0M filing will be amended with a meaningful target size and whether the two named GPs are co-founders or one represents a fund administrator; also confirm the manager's actual AUM and prior deal activity outside EDGAR, as first-time registered funds often operate with dry powder or follow-on capital from prior vehicles not yet disclosed in this system.