National Development Fund
Overview
National Development Fund is a sovereign wealth fund of Taiwan that aims to accelerate industrial innovation, promote economic transformation, and foster national development through direct investments and indirect investments via venture capital funds.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| SurgMate Co., Ltd. | May 2026 | Seed | Co-investor |
| iPASS Corporation | Mar 2026 | Corporate Funding | Co-investor |
| Alpha Fintech Group | Mar 2026 | Strategic | Lead |
| Bytelingo | Dec 2025 | Seed | Co-investor |
| Havbeat Technology Co., Ltd. | Nov 2025 | Angel | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is National Development Fund based?
National Development Fund is headquartered in Taipei, Taiwan.
When was National Development Fund founded?
National Development Fund was founded in 1973.
How many portfolio companies does National Development Fund have?
National Development Fund has 67 portfolio companies in Caplight's dataset.
What are some companies in National Development Fund's portfolio?
Recent investments visible on Caplight include SurgMate Co., Ltd., iPASS Corporation, Alpha Fintech Group, Bytelingo, Havbeat Technology Co., Ltd..
What was National Development Fund's most recent investment?
National Development Fund's most recent investment on Caplight was in SurgMate Co., Ltd. in 2026.
What sectors does National Development Fund focus on?
National Development Fund focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Media, Entertainment & Gaming, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Consumer & Commerce, FinTech, Frontier & Industrial Tech, Healthcare & Life Sciences, FinTech, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Real Estate & PropTech, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Mobility, Transportation & Logistics, FinTech, Mobility, Transportation & Logistics, Media, Entertainment & Gaming, Telecommunications & Networking, Consumer & Commerce, Enterprise Software, Frontier & Industrial Tech, Crypto & Web3, FinTech, Enterprise Software, Energy & Sustainability, Consumer & Commerce, FinTech, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, AI, Data & Cloud Infrastructure, Crypto & Web3, Enterprise Software, Energy & Sustainability, Enterprise Software, Energy & Sustainability, Enterprise Software, Consumer & Commerce, Telecommunications & Networking, Crypto & Web3, AI, Data & Cloud Infrastructure, Consumer & Commerce, Media, Entertainment & Gaming, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Crypto & Web3, Mobility, Transportation & Logistics, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, FinTech, Real Estate & PropTech, AI, Data & Cloud Infrastructure, Enterprise Software, Media, Entertainment & Gaming, Energy & Sustainability, Frontier & Industrial Tech, FinTech, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, Frontier & Industrial Tech, Enterprise Software, Consumer & Commerce, Enterprise Software, Energy & Sustainability, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Real Estate & PropTech, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Consumer & Commerce, Frontier & Industrial Tech.
What company stages does National Development Fund focus on?
National Development Fund typically invests at the Early stage.
What is National Development Fund's AUM?
National Development Fund's assets under management are estimated between $42.5B and $65.6B.