The California Fair Investment Practices by Venture Capital Companies Act (FIPVCC) (Cal. Corp. Code § 27500) was passed in 2023 and later amended in 2024. Starting March 1, 2026, the FIPVCC will require certain entities which invest in startup, early‑stage or emerging growth companies to register with the California Department of Financial Protection and Innovation (DFPI) and provide DFPI with identification and contact information.