SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                              --------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



Date of report (Date of earliest event reported): October 26, 2006


  Technology Funding Venture Partners IV, An Aggressive Growth Fund, L.P.
--------------------------------------------------------------------------
          (Exact name of registrant as specified in its charter)


        Delaware                           94-3054600
---------------------------         ------------------------------
(State or other jurisdiction of         (I.R.S. Employer
incorporation or organization)         Identification Number)


1107 Investment Boulevard, Suite 180
El Dorado Hills, California                                95762
-----------------------------------------------         -------------
(Address of principal executive offices)                 (Zip Code)


                               (916) 941-1400
             ---------------------------------------------------
              Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))


<PAGE>


Item 2.01    Completion of Acquisition or Disposition of Assets
             --------------------------------------------------

     On October 25, 2006, Technology Funding Venture Partners IV Liquidating
Trust (the "Trust" or the "Seller"), the successor entity to Technology Funding
Venture Partners IV, An Aggressive Growth Fund, L.P., sold all of its
investment assets, excluding those related to Dakota Arms, Inc. and Dakota
Holdings, LLC, to Industry Ventures Acquisition Fund (Aperture), L.P. ("IVAF")
and Industry Ventures Fund IV, L.P. ("IVF") (collectively the "Buyers") under
the terms of a Securities Purchase Agreement ("Purchase Agreement") executed on
October 9, 2006.

     The Buyers purchased the investment assets of the Trust for an aggregate
purchase price of approximately $2.7 million.  A total of $650,794 from the net
proceeds of this sale has been placed in an escrow account.  Of that amount,
$516,503 may be released within 60 days of closing if no indemnification claims
have been made. The remaining $134,291 balance may be released one year from
the closing date upon the satisfaction of certain conditions.

     The foregoing is a summary of the material terms of the Purchase Agreement
and does not purport to be complete.

     There are no material relationships between the Trust and the Buyers or
any of the Buyers' affiliates, directors or officers (or any associate of any
such director or officer), other than by virtue of the Purchase Agreement.


Item 9.01.        Financial Statements And Exhibits

                  (a)      Not applicable.

                  (b)      Not applicable.

                  (c)      Not applicable.



                                    SIGNATURE


                  Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.


TECHNOLOGY FUNDING VENTURE PARTNERS IV, AN AGGRESSIVE GROWTH FUND L.P.

By:   TECHNOLOGY FUNDING INC.
      TECHNOLOGY FUNDING LTD.
      Managing General Partners


  Date:  October 26, 2006            By:  /s/ Charles R. Kokesh
                                   ------------------------------
                                     Charles R. Kokesh
                                     President, Chief Executive
                                     Officer, Chief Financial Officer
                                     and Chairman of Technology
                                     Funding Inc., and Managing General
                                     Partner of Technology Funding Ltd.
[{"type": "8-K", "sequence": "1", "filename": "p48kclosing.txt", "secsgml_size_bytes": 4575}]
{"company-data": {"conformed-name": "TECHNOLOGY FUNDING VENTURE PARTNERS IV", "cik": "0000826595", "assigned-sic": "6189", "irs-number": "943054600", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-15258", "film-number": "061165113"}, "business-address": {"street1": "C\\O TECHNOLOGY FUNDING INC", "street2": "1107 INVESTMENT BLVD, SUITE 180", "city": "ELDORADO HILLS", "state": "CA", "zip": "95762", "phone": "916-941-1400"}, "mail-address": {"street1": "TECHNOLOGY FUNDING INC", "street2": "1107 INVESTMENT BLVD, SUITE 180", "city": "ELDORADO HILLS", "state": "CA", "zip": "95762"}, "former-company": [{"former-conformed-name": "TECHNOLOGY FUNDING PARTNERS IV", "date-changed": "19881030"}, {"former-conformed-name": "TECHNOLOGY FUNDING PARTNERS IV L P", "date-changed": "19880927"}]}
SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                              --------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): October 26, 2006

  Technology Funding Venture Partners IV, An Aggressive Growth Fund, L.P.
--------------------------------------------------------------------------
          (Exact name of registrant as specified in its charter)

        Delaware                           94-3054600
---------------------------         ------------------------------
(State or other jurisdiction of         (I.R.S. Employer
incorporation or organization)         Identification Number)

1107 Investment Boulevard, Suite 180
El Dorado Hills, California                                95762
-----------------------------------------------         -------------
(Address of principal executive offices)                 (Zip Code)

                               (916) 941-1400
             ---------------------------------------------------
              Registrant's telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))
Item 2.01    Completion of Acquisition or Disposition of Assets
             --------------------------------------------------

     On October 25, 2006, Technology Funding Venture Partners IV Liquidating
Trust (the "Trust" or the "Seller"), the successor entity to Technology Funding
Venture Partners IV, An Aggressive Growth Fund, L.P., sold all of its
investment assets, excluding those related to Dakota Arms, Inc. and Dakota
Holdings, LLC, to Industry Ventures Acquisition Fund (Aperture), L.P. ("IVAF")
and Industry Ventures Fund IV, L.P. ("IVF") (collectively the "Buyers") under
the terms of a Securities Purchase Agreement ("Purchase Agreement") executed on
October 9, 2006.

     The Buyers purchased the investment assets of the Trust for an aggregate
purchase price of approximately $2.7 million.  A total of $650,794 from the net
proceeds of this sale has been placed in an escrow account.  Of that amount,
$516,503 may be released within 60 days of closing if no indemnification claims
have been made. The remaining $134,291 balance may be released one year from
the closing date upon the satisfaction of certain conditions.

     The foregoing is a summary of the material terms of the Purchase Agreement
and does not purport to be complete.

     There are no material relationships between the Trust and the Buyers or
any of the Buyers' affiliates, directors or officers (or any associate of any
such director or officer), other than by virtue of the Purchase Agreement.

Item 9.01.        Financial Statements And Exhibits

                  (a)      Not applicable.

                  (b)      Not applicable.

                  (c)      Not applicable.

                                    SIGNATURE

                  Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.

TECHNOLOGY FUNDING VENTURE PARTNERS IV, AN AGGRESSIVE GROWTH FUND L.P.

By:   TECHNOLOGY FUNDING INC.
      TECHNOLOGY FUNDING LTD.
      Managing General Partners

  Date:  October 26, 2006            By:  /s/ Charles R. Kokesh
                                   ------------------------------
                                     Charles R. Kokesh
                                     President, Chief Executive
                                     Officer, Chief Financial Officer
                                     and Chairman of Technology
                                     Funding Inc., and Managing General
                                     Partner of Technology Funding Ltd.