# Arenova Capital: portfolio, investments and team

> Arenova Capital is a growth equity based in United States. 1 investment on record, 1 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/arenova-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Arenova Capital

Last cheque observed Oct 2026; 1 cheques on record.

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Growth equity Deploying now Last fund $28M, Mar 2025

Growth Technology Media And Entertainment Telecommunications

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 1 on record

Since the last cheque **11** days **00** hrs **00** min **00** sec

Median round **$80M** Rounds led **0 of 1**

Pitch Arenova Capital

## Arenova Capital highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Debt: 100% of its rounds

## What they do

> Arenova is a growth investment firm with dedicated capital for pursuing control and non-control investments From their own website

- **Type:** Growth equity
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** Technology Media And Entertainment Telecommunications
- **Based in:** Dallas, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2026** 1 round
- **Oct** **[Aspire Fiber](https://millionrounds.com/company/aspire-fiber)** Debt · US · PR Newswire: financing agreements **$80M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

DL **David Li** Founding Partner i Filing they signed

We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$150M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Arenova Capital LP
- **SEC number:** CRD 337226

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 3 we have independently watched raise

[Aspire Fiber](https://millionrounds.com/company/aspire-fiber) ARC Creative Enbarr

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Latest fund on file

**$28M**

raised in Mar 2025

From its SEC filing. Nothing newer is on file yet.

## The cheque

Growth

Median round joined **$80M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Debt *1*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Quick answers about Arenova Capital

### What does Arenova Capital invest in?

Arenova Capital invests most often at Debt (100% of the rounds on record), in sectors such as Technology, Media And Entertainment and Telecommunications.

### How active is Arenova Capital?

1 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026.

### What has Arenova Capital invested in recently?

Its most recent investments on record: Aspire Fiber (Debt, Oct 2026).

### How big are Arenova Capital's cheques?

The median round it joins is $80M.

### Is Arenova Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Arenova Capital?

Arenova Capital is a growth equity firm based in Dallas, United States.

### How much does Arenova Capital manage?

About $150M, as gross assets of its private funds (Oct 2026).

### Has Arenova Capital raised a new fund?

Its latest fund filing with the SEC was in Mar 2025, reporting $28M raised.

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