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Investor Type356 profiles

Government Investors

Government-backed investment programs support startup ecosystems through direct investments, matching funds, and incentive programs. These investors often focus on strategic sectors, job creation, and economic development within specific regions or industries.

Total Investors

356

in database

Combined Investments

6K

portfolio companies

Avg. Exit Rate

57.2%

977 total exits

Avg. Check Size

typical range

Stage Focus

Investment stages preferred by government investors

Activity Status

How actively government investors are deploying capital

26%active
Active
92(26%)
Moderate
37(10%)
Quiet
227(64%)

Most recent deal: February 2026

Top Industries

Most common sectors among government investors

Fintech105 investors
Impact Investing95 investors
Enterprise86 investors
Government80 investors
Non Profit31 investors
Association27 investors
Healthcare26 investors
Venture Capital22 investors
Cleantech18 investors
SaaS18 investors
EdTech15 investors
Biotech15 investors

Top Locations

Where government investors are headquartered

Washington31 investors
London11 investors
New York9 investors
Beijing8 investors
Brussels7 investors
Singapore7 investors
Dublin6 investors
Toronto6 investors
Austin5 investors
Boston4 investors

Top Government Investors by Deal Count

The most active government investors ranked by total investments

#InvestorDeals
1Enterprise Ireland610
2Bpifrance581
3Connecticut Innovations223
4Ben Franklin Technology Partners of Northeastern Pennsylvania219
5Ben Franklin Technology Partners of Southeastern Pennsylvania212
6In-Q-Tel193
7SBRI Healthcare178
8Horizon 2020167
9US Department of Energy151
10Canada Pension Plan Investment Board144
11European Investment Bank120
12Scottish Enterprise120
13Launch Tennessee111
14Japan Finance Corporation108
15Zürcher Kantonal Bank95
16Maryland Venture Fund84
17Export Development Canada80
18European Commission77
19FMO64
20European Bank for Reconstruction and Development60

All Government Investors

356 investors
EI

Enterprise Ireland

Dublin, Ireland610 investments56 exits
B

Bpifrance

Maisons-alfort, France581 investments58 exits
CI

Connecticut Innovations

Rocky Hill, United States223 investments28 exits
BF

Ben Franklin Technology Partners of Northeastern Pennsylvania

Bethlehem, United States219 investments5 exits
BF

Ben Franklin Technology Partners of Southeastern Pennsylvania

Philadelphia, United States212 investments28 exits
I

In-Q-Tel

Arlington, United States193 investments64 exits
SH

SBRI Healthcare

Cambridge, United Kingdom178 investments8 exits
H2

Horizon 2020

Brussels, Belgium167 investments7 exits
UD

US Department of Energy

Washington, United States151 investments31 exits
CP

Canada Pension Plan Investment Board

Toronto, Canada144 investments76 exits
EI

European Investment Bank

Luxembourg, Luxembourg120 investments29 exits
SE

Scottish Enterprise

Glasgow, United Kingdom120 investments13 exits
LT

Launch Tennessee

Nashville, United States111 investments10 exits
JF

Japan Finance Corporation

Tokyo, Japan108 investments2 exits
ZK

Zürcher Kantonal Bank

Zrich, Switzerland95 investments
MV

Maryland Venture Fund

Columbia, United States84 investments15 exits
ED

Export Development Canada

Ottawa, Canada80 investments13 exits
EC

European Commission

Brussels, Belgium77 investments3 exits
F

FMO

The Hague, The Netherlands64 investments8 exits
II

Israel Innovation Authority

Jerusalem, Israel60 investments6 exits
EB

European Bank for Reconstruction and Development

London, United Kingdom60 investments11 exits
NJ

New Jersey Economic Development Authority

Trenton, United States58 investments13 exits
AC

Adage Capital Management

Boston, United States54 investments37 exits
EU

European Union

London, United Kingdom54 investments3 exits
MT

Missouri Technology Corporation

Jefferson City, United States54 investments4 exits
GO

Government of Canada

Gatineau, Canada53 investments4 exits
N

NRW.BANK

Dsseldorf, Germany51 investments7 exits
UD

U.S. Department of Defense

Washington, United States48 investments14 exits
UD

U.S. Department of Agriculture

Washington, United States47 investments4 exits
UD

U.S. Department of Education

Washington, United States46 investments
SB

Small Business Innovation Research

America, United States44 investments2 exits
SF

Skolkovo Foundation

Moscow, Russian Federation43 investments1 exits
C

CORFO

Santiago, Chile41 investments1 exits
IF

Innovation Fund Denmark

Copenhagen, Denmark40 investments3 exits
V

Vinnova

Stockholm, Sweden38 investments5 exits
KF

Kresge Foundation

Much, Germany36 investments2 exits
NR

National Research Council of Canada Industrial Research Assistance Program

Ottawa, Canada35 investments4 exits
CE

California Energy Commission

Sacramento, United States34 investments4 exits
ML

Massachusetts Life Sciences Center

Waltham, United States33 investments4 exits
E

Eurostars

Brussels, Belgium31 investments2 exits
NS

NSF Small Business Innovation Research / Small Business Technology Transfer (SBIR/STTR)

Arlington, United States31 investments1 exits
NR

National Research Foundation

Singapore, Singapore28 investments6 exits
AG

Arch Grants

St Louis, United States27 investments
TF

The Future Fund

London, United Kingdom27 investments
SC

Serious Change

London, United Kingdom24 investments4 exits
SO

State of Wisconsin Investment Board

Madison, United States24 investments7 exits
NI

National Institute of Allergy and Infectious Diseases

Bethesda, United States24 investments2 exits
TC

The Caisse des Dépôts

Paris, France23 investments1 exits
A

ARPA-E

Washington, United States23 investments1 exits
TW

Texas Wide Open for Business

Austin, United States23 investments4 exits

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