SEC Filing Record

Offering Amount

$6.0M

$2.5M raised

Strategy

VC

Exemption

06c

Date Filed

May 28, 2026

0002135458-26-000001

View on SEC EDGAR →

37A Read

The fund operates as a standard LP structure under Regulation D 506(c), which signals a reliance on accredited investors without a need for integration with parallel vehicles or feeder arrangements; this is Yuanjun Zeng's first filing on EDGAR, indicating a debut manager launching their initial vehicle rather than a continuation or series expansion.

With only one named GP and no prior EDGAR history, Zeng is building a portfolio management operation from launch, meaning this $6M target likely reflects either a first-time fund in a specific geographic or sector vertical or a manager transitioning from a larger institution without institutional track record publicly available.

The May 2026 filing date and 41% closed status suggest Zeng is mid-fundraise in an environment where early-stage VC capital faces structural headwinds; filing at this closure rate indicates a decision to establish EDGAR documentation while actively pitching rather than waiting for a fully committed round.

Before committing, LPs should verify whether Zeng has executed material deals prior to this filing—EDGAR silence does not confirm zero deal activity, only no prior fund formation—and confirm the identity and co-GP arrangement, since a single named GP with no co-signatory listed raises questions about operational structure and key-person risk management.

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Principals

Registered Manager

Snowy Leopard Ventures GP I, LLC

General Partners & Executives

Yuanjun Zeng

Snowy Leopard Ventures Fund I, LP