Sector · Firm type

Commerce Government-backed Investors

The RaiseHunt database lists 106 Commerce government-backed investors: 104 of them list a portfolio, 1,020 known investments between them and 612 people at those firms have a profile here. That is the overlap between 6,120 Commerce investment firms and 1,125 government-backed investors. Most list Seed and Series A among the rounds they take part in; the largest concentrations are in Washington, London and Singapore.

Part of Commerce investment firms and government-backed investors.

Strongest in Washington, London and Singapore

Backing rounds at Seed and Series A

106: Investment firms
104: With a known portfolio
1,020: Known investments
612: People with a profile

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106 Commerce government-backed investors

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Firm	Location	Type	Markets	Actions
Bdc Thrive venture	Montréal, Canada	Government-backedVenture capital	CommerceFinTech	View fund
BNDES	Rio de Janeiro, Brazil	Government-backed	ClimateCommerce	View fund
Tesi	Helsinki, Finland	Fund of fundsGovernment-backed	AIClimate	View fund
Internet Initiatives Development Fund (IIDF)	Moscow, Russia	AcceleratorGovernment-backed	AICommerce	View fund
IN Invest Newark	New York, United States	Government-backed	CommerceConsumer	View fund
Khazanah Nasional Berhad	Kuala Lumpur, Malaysia	Government-backed	AIClimate	View fund
Maine Venture Fund	Newport, United States	Government-backedVenture capital	CommerceConsumer	View fund
NI Ncbr Investment Fund Asi	Warsaw, Poland	Government-backedVenture capital	AICommerce	View fund
R Ricari	Logroño, Spain	Government-backedPrivate equity	CommerceConsumer	View fund
V Vaekstfonden	Copenhagen, Denmark	Government-backedVenture capital	CommerceHardware	View fund
A Adq	Abu Dhabi, United Arab Emirates	Government-backedPrivate equity	AICommerce	View fund
CS Cradle Seed Ventures	Bandar Baru Bangi, Malaysia	Government-backedVenture capital	AICommerce	View fund
IC Investment Corporation of Dubai (ICD)	United Arab Emirates	Government-backed	ClimateCommerce	View fund
KI Kdb Investment	Seoul, South Korea	Government-backedPrivate equity	AIClimate	View fund
K Kwap	Kuala Lumpur, Malaysia	Government-backed	ClimateCommerce	View fund
PGGM Investments	Zeist, Netherlands	Government-backed	ClimateCommerce	View fund
S Stoa	Paris, France	Government-backed	AIClimate	View fund
United Nations Capital Development Fund (UNCDF)	New York, United States	Government-backed	ClimateCommerce	View fund
VM Varma Mutual Pension Insurance Company	Helsinki, Finland	Government-backed	AICommerce	View fund
KI Kafalat Isme		Government-backed	CommerceEducation	View fund

Data: RaiseHunt investor dataset · Snapshot 2 October 2026 · How this data is built · Report a correction or request removal