# National Capital Fund: portfolio, investments and team > National Capital Fund is a government based in Poland. 8 investments on record, latest Mar 2015. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/national-capital-fund (Millionrounds; every figure on the page links to its filing or article) Poland · [Investor](https://millionrounds.com/investors) # National Capital Fund Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Government Now at pfrventures.pl Seed Series A Series B Financial Services Shopping Cheques on record **0%** of best year **0** **cheques in 12 months**, 8 on record Since the last cheque **4234** days **00** hrs **00** min **00** sec Median round **$1.0M** Rounds led **0 of 8** Exits **1 from the portfolio** Mostly in **Poland, 100%** Pitch National Capital Fund ## National Capital Fund highlights - 01 8 rounds on record - 02 Mostly Series A and Seed: 100% of its rounds - 03 1 exits from the portfolio ## What they do - **Type:** Government (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Financial Services Shopping - **Based in:** Warszawa, Poland - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **8 appearances** - **2015** 2 rounds - **Mar** **[Spark Software](https://millionrounds.com/company/spark-software)** PL **$794K** With 4 others - **Mar** **[4screens](https://millionrounds.com/company/4screens)** Seed **Undisclosed** With 1 other - **2014** 6 rounds - **Sept** **[MyBaze](https://millionrounds.com/company/mybaze)** Seed · PL **$1.3M** With 1 other - **May** **[HITbills](https://millionrounds.com/company/hitbills)** Series A · PL **$1.0M** With 2 others - **Apr** **[Focus Telecom Polska](https://millionrounds.com/company/focus-telecom-polska)** Series A · PL **$1.4M** With 1 other - **Mar** **[Hojo.pl](https://millionrounds.com/company/hojo-pl)** Series A · PL **$820K** With 1 other - **Mar** **[mGenerator](https://millionrounds.com/company/mgenerator)** Series A · PL **Undisclosed** With 1 other - **Mar** **[Feedo](https://millionrounds.com/company/feedo)** Series A **Undisclosed** With 1 other 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. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Feedo](https://millionrounds.com/company/feedo)** Bought by Windeln.de **Undisclosed** Apr 2015 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$1.0M** the round, not its cheque Led 0 of 8 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Mar 2015 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A said *5* - Seed said *2* - Series B said *-* - Growth said *-* Cheques by year Led Joined 2014 2015 Often in the room with - [MCI](https://millionrounds.com/fund/mci) 6 - [MCI Capital SA](https://millionrounds.com/fund/mci-capital-sa) 2 **Pitching National Capital Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as National Capital Fund. A count of rooms they were both in, not a relationship either has claimed. [**MCI** Angel **6** rounds together](https://millionrounds.com/fund/mci)[**MCI Capital SA** Private equity **2** rounds together](https://millionrounds.com/fund/mci-capital-sa) ## Quick answers about National Capital Fund ### What does National Capital Fund invest in? National Capital Fund invests most often at Series A and Seed (100% of the rounds on record), in sectors such as Financial Services and Shopping. ### How active is National Capital Fund? 8 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2015. ### How big are National Capital Fund's cheques? The median round it joins is $1.0M. ### Does National Capital Fund lead rounds? Rarely, if at all: none of its 8 investments on record names it as the lead. ### Where does National Capital Fund invest? Most of the companies it backs are in Poland (100%). ### Is National Capital Fund investing now? No investments in the last 12 months; the latest was in Mar 2015. ### Who does National Capital Fund invest alongside? Most often MCI (6 rounds together) and MCI Capital SA (2 rounds together). ### What kind of investor is National Capital Fund? National Capital Fund is a government based in Warszawa, Poland. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM 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=national-capital-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=national-capital-fund)