Cultivian Sandbox Food & Agriculture Fund III, LP
Cultivian Sandbox Venture · adviser of record: Cultivian Sandbox Venture Management II LLC · 2017 vintage
Cultivian Sandbox Food & Agriculture Fund III, LP is a 2017 venture fund managed by Cultivian Sandbox Venture, with $105mm raised (Form D, amount sold). It reported $77.7mm in gross assets at year-end 2025, 0.74x its size, against a peak of $176mm in 2021.
- Latest value held
- $77.7mm year-end 2025
- Peak
- $176mm year-end 2021
- Fund size
- $105mm Form D, amount sold
- Held vs. size
- 0.74x peak 1.67x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $77.7mm | 0.74x | -24% over 2 yrs |
| 2023 | $102mm | 0.97x | -36% |
| 2022 | $161mm | 1.52x | -8% |
| 2021 | $176mm | 1.67x | +12% |
| 2020 | $157mm | 1.49x | +6% |
| 2019 | $149mm | 1.41x | +27% |
| 2018 | $117mm | 1.11x | +28% |
| 2017 | $91.8mm | 0.87x | – |
Other funds from Cultivian Sandbox Venture
All Cultivian Sandbox Venture funds
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-5633482351. Data updated October 13, 2026.
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