MOEA NDF (National Development Fund) Co-Investment
Invests alongside private venture partners in Taiwanese innovation-driven startups and strategic enterprises through a sovereign co-investment model.
The National Development Fund (NDF) Co-Investment program is Taiwan's primary sovereign equity co-investment vehicle, operating under the Executive Yuan and governed by Article 29–30 of the Statute for Industrial Innovation (2010). Established originally as the Development Fund in 1973 and reconstituted in its current form in 2006 following a merger with the Sino-American Fund for Economic and Soc…
Deploys Taiwanese sovereign equity co-investment pari-passu with private VCs into innovation-driven startups and established enterprises across semiconductors, AI, biotech, and advanced manufacturing.
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