# Development Fund: portfolio, investments and team

> Development Fund is a growth equity based in Norway. 1 investment on record, latest Mar 2004. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/development-fund (Millionrounds; every figure on the page links to its filing or article)

Norway · [Investor](https://millionrounds.com/investors)

# Development Fund

Last cheque observed Mar 2004. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity Website unconfirmed

Series B Agriculture Food_security Climate

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **8259** days **00** hrs **00** min **00** sec

Median round **$38M** Rounds led **0 of 1**

Pitch Development Fund

## Development Fund highlights

- 01 1 rounds on record
- 02 Mostly Series B: 100% of its rounds

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Agriculture Food_security Climate
- **Based in:** Oslo, Norway
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=development-fund).

## The record

Every round we can evidence, newest first **1 appearances**

- **2004** 1 round
- **Mar** **[Taigen](https://millionrounds.com/company/taigen)** Series B · TW · taigenbiotech.com.tw **$38M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Series B

Median round joined **$38M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Mar 2004

Rounds by stage said on their site

- Series B *1*

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## Quick answers about Development Fund

### What does Development Fund invest in?

Development Fund invests most often at Series B (100% of the rounds on record), in sectors such as Agriculture, Food_security and Climate.

### How active is Development Fund?

1 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2004.

### How big are Development Fund's cheques?

The median round it joins is $38M.

### Is Development Fund investing now?

No investments in the last 12 months; the latest was in Mar 2004.

### What kind of investor is Development Fund?

Development Fund is a growth equity firm based in Oslo, Norway.

### Where does this information on Development Fund come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=development-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=development-fund)