China SME Development Fund
Overview
China SME Development Fund is a state-backed fund of funds (FoF) established to support the development of small and medium-sized enterprises (SMEs) in China. It was officially incorporated as a mother fund company in 2020, following an initial State Council decision in 2015. The fund is managed as a private equity and venture capital fund manager, operating on market-oriented principles. It primarily acts as a Limited Partner (LP) by investing in other venture capital funds, but also engages in direct investments into companies. The fund focuses on early-stage, growth-stage, and innovative SMEs, particularly those in strategic sectors like high-end manufacturing, information technology, biomedicine, and new materials. The Ministry of Finance is the largest shareholder.
Portfolio Companies
20
Website
csmedf.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| LandSpace Technology Co., Ltd. | Sep 2020 | Series C Extension | Co-investor |
| Xingyun Group | Aug 2019 | Series B Extension | Lead |
| huisuanzhang | Apr 2017 | Series A Extension | Co-investor |
| Shenzhen BAK Power Battery Co., Ltd. | Oct 2016 | Strategic | Co-investor |
| Shanghai Ark Biopharmaceutical Co., Ltd. | Jul 2022 | Series D | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is China SME Development Fund based?
China SME Development Fund is headquartered in Shanghai, Shanghai, China.
When was China SME Development Fund founded?
Founding year information for China SME Development Fund is not publicly available.
How many portfolio companies does China SME Development Fund have?
China SME Development Fund has 20 portfolio companies in Caplight's dataset.
What are some companies in China SME Development Fund's portfolio?
Portfolio companies visible on Caplight include LandSpace Technology Co., Ltd., Xingyun Group, huisuanzhang, Shenzhen BAK Power Battery Co., Ltd., Shanghai Ark Biopharmaceutical Co., Ltd..
What was China SME Development Fund's most recent investment shown here?
China SME Development Fund's most recent investment in this portfolio sample was in Shanghai Ark Biopharmaceutical Co., Ltd. in 2022.
What sectors does China SME Development Fund focus on?
China SME Development Fund focuses on Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Consumer & Commerce, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Energy & Sustainability, FinTech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, FinTech, Consumer & Commerce, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Consumer & Commerce, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Telecommunications & Networking, Enterprise Software, Enterprise Software, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics.
What company stages does China SME Development Fund focus on?
Stage focus information for China SME Development Fund is not publicly available.