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NV

National VC Guidance Fund

Pure DeepTechBeijing, ChinaActive
Stage FocusPre-Seed, Seed, Series A
GeographyChina
TypeGovernment
Last Activity2025
Industry Focus
Industries
AISemiconductorsQuantumBiotechNeurotechAerospaceSpace
Technical BenchStrong
Investor TypeGovernment Fund
ExposureMostly DeepTech Investments
Bio

The National VC Guidance Fund, initiated by China's NDRC and Ministry of Finance in December 2025, commits CNY 100B ($14.3B) in government capital with a target of CNY 1T ($142.7B) including sub-funds. The 20-year lifespan and 70-plus percent allocation to seed and early-stage enterprises make this one of the world's most patient capital vehicles.

Three regional funds covering Beijing-Tianjin-Heb...

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