# National SME Development Fund: portfolio, investments and team > National SME Development Fund is a vc firm based in China. 5 investments on record, latest Apr 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/national-sme-development-fund (Millionrounds; every figure on the page links to its filing or article) China · [Investor](https://millionrounds.com/investors) # National SME Development Fund Last cheque observed Apr 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Series B Social Media Software Cheques on record **0%** of best year **0** **cheques in 12 months**, 5 on record Since the last cheque **2748** days **00** hrs **00** min **00** sec Median round **$3.0M** Rounds led **0 of 5** Sole investor **1 rounds** Mostly in **China, 100%** Pitch National SME Development Fund ## National SME Development Fund highlights - 01 5 rounds on record - 02 Mostly Series B: 100% of its rounds - 03 Sole investor in 1 rounds, median $20M ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Social Media Software - **Based in:** China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2019** 4 rounds - **Apr** **[Ruibosi Medical Technology](https://millionrounds.com/company/ruibosi-medical-technology)** CN · Voice **$9.0M** With 2 others - **Feb** **[Hero Kiddo](https://millionrounds.com/company/hero-kiddo)** Series B · CN · China Money Network **$3.0M** With 2 others - **Jan** **[Chishine Optoelectronics](https://millionrounds.com/company/chishine-optoelectronics)** CN · China Money Network **$1.5M** With 1 other - **Jan** **[InnerMedical](https://millionrounds.com/company/innermedical)** CN · China Money Network **$3.0M** With 2 others - **2017** 1 round - **Dec** **[DeepCam](https://millionrounds.com/company/deepcam)** CN · China Money Network **$20M** Sole investor 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 **$3.0M** the round, not its cheque Alone, median **$20M** Led 0 of 5 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Apr 2019 Rounds by stage said on their site - Series B *1* Cheques by year Led Joined 2017 2019 **Pitching National SME Development 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 *→* ## Recently backed The latest companies National SME Development Fund put money into. [**DeepCam** $20M · Dec 2017](https://millionrounds.com/company/deepcam) ## Quick answers about National SME Development Fund ### What does National SME Development Fund invest in? National SME Development Fund invests most often at Series B (100% of the rounds on record), in sectors such as Social Media and Software. ### How active is National SME Development Fund? 5 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2019. ### What has National SME Development Fund invested in recently? Its most recent investments on record: Ruibosi Medical Technology (Undisclosed round, Apr 2019), Hero Kiddo (Series B, Feb 2019) and Chishine Optoelectronics (Undisclosed round, Jan 2019). ### How big are National SME Development Fund's cheques? The median round it joins is $3.0M. ### Does National SME Development Fund lead rounds? Rarely, if at all: none of its 5 investments on record names it as the lead. ### Where does National SME Development Fund invest? Most of the companies it backs are in China (100%). ### Is National SME Development Fund investing now? No investments in the last 12 months; the latest was in Apr 2019. ### What kind of investor is National SME Development Fund? National SME Development Fund is a VC firm based in China. ## 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-sme-development-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=national-sme-development-fund)