ARK Venture Fund marks Figure AI Series B at $160.00 a share at July 31, 2026
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What happened
ARK Venture Fund filed its annual report for the year ended July 31, 2026 with the SEC on October 7, 2026, as a Form N-CSR. The fund's schedule of investments listed 189,096 shares of Figure AI, Inc. Series B preferred stock, acquired on February 29, 2024 at a cost of $2,499,997. The fund carried the position at $30,255,360 on July 31, 2026, a mark of $160.00 per share, up from a previous mark of $120.91 per share.
The figure is the fund's own reported fair value of a private holding. The report does not print a per-share price, and neither source describes a sale of Figure shares or a new financing round, or states a valuation for the company as a whole. The annual report described Figure AI as a company building a multi-purpose humanoid form robot, and its shareholder letter named Figure AI among the fund's top holdings.
Key points
- ARK Venture Fund valued its 189,096 Figure AI Series B shares at $30,255,360 as of July 31, 2026.1
- The fund bought the shares on February 29, 2024 for a cost of $2,499,997.1
- The fund's shareholder letter named Figure AI among its top holdings.1
- The annual report was filed as Form N-CSR on October 7, 2026.2
Why it matters
The $160.00 a share is a fund's reported fair value for a private position, with no sale or financing cited. It is a reference point for Series B shares, not proof that a buyer would pay it.
The position is carried at $30,255,360 against a cost of $2,499,997. Holders of Series B can see how a large holder values the same class.
Fund reports give outside observers periodic prices for a company that does not trade publicly. The move from a previous mark of $120.91 a share shows how that reference changed between reports.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series B | Feb 29, 2024 | $2.6B | $675M | Unknown |
| Series C | Sep 16, 2025 | $39B | $1.0B | Parkway Venture Capital |
Updated
Fact-check
- ARK Venture Fund held 189,096 Figure AI Series B shares, acquired February 29, 2024 at a cost of $2,499,997.Confirmed by [1] ARK Investment Management: the schedule of investments lists Figure AI, Inc., Series B, acquired 2/29/24, 189,096 shares, cost $2,499,997.Verified
- The position was valued at $30,255,360 as of July 31, 2026.Confirmed by [1] ARK Investment Management: the schedule for the reporting period ended July 31, 2026 shows a value of $30,255,360 for the line.Verified
- The mark is $160.00 per share.Stated in the event's own data. Neither [1] ARK Investment Management nor [2] SEC EDGAR prints a per-share price; the report gives only the share count and value.Partly verified
- The previous mark was $120.91 per share.Stated in the event's own data. The documents cited cover only July 31, 2026 and do not show the earlier mark.Partly verified
- The annual report was filed as Form N-CSR on October 7, 2026, for the period ended July 31, 2026.Confirmed by [2] SEC EDGAR: the filing index shows form N-CSR, filed 2026-10-07, period of report 2026-07-31, filer ARK Venture Fund.Verified
- The report describes Figure AI as building a multi-purpose humanoid form robot and names it among the fund's top holdings.Confirmed by [1] ARK Investment Management: the private investments section describes the company as building a multi-purpose humanoid form robot, and the shareholder letter lists Figure AI among top holdings.Verified
Sources
- [1]ARK Investment Management (opens in a new tab)ARK Venture Fund Annual Report, July 31, 2026
- [2]SEC EDGAR (opens in a new tab)ARK Venture Fund Form N-CSR, accession 0001213900-26-107607, period 2026-07-31
