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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
AI InfrastructureSemiconductorsQuantum ComputingBiotech
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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