

1 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Basis Set Minds | April 2025 | Indefinite | $25M | 6 |
| Basis Set Ventures IVFiled to raise in 2025, with no closing reported yet. | 2025 | Indefinite | $0 | 0 |
| Set Builders IVFiled to raise in 2025, with no closing reported yet. | 2025 | Indefinite | $0 | 0 |
| Basis Set Ventures IIIFiled to raise in 2023, with no closing reported yet. | 2023 | $185M | $0 | 0 |
| Set Builders IIFiled to raise in 2023, with no closing reported yet. | 2023 | Indefinite | $0 | 0 |
| Basis Set Ventures IIFiled to raise in 2020, with no closing reported yet. | 2020 | $150M | $0 | 0 |
| Basis Set Ventures IFiled to raise in 2017, with no closing reported yet. | 2017 | $136M | $0 | 0 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
2 partners are named across this firm’s filings, 1 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Xuezhao Lan | Slowing | None listed | 5 | 1 |
| Zhijian PengNot on the current fund | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Too few companies classified yet to infer a focus. 0 of 5 portfolio companies are classified.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Basis Set Ventures’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Notable Capital | 1 | ViaVia |
A shared board seat: a company where filings name a Basis Set Ventures partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.