North Dakota Development Fund
Bismarck, North Dakotand.gov
Overview
North Dakota Development Fund is a state-administered, non-profit fund that provides loans and equity investments to new and expanding primary sector businesses in North Dakota.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Greenfield Incorporated | Nov 2025 | Grant | Lead |
| North American Iron | Nov 2025 | VC Round | Co-investor |
| 701x | Dec 2024 | Debt | Lead |
| Checkable Medical | Oct 2024 | SAFE | Co-investor |
| Cerilon Inc. | Jun 2024 | Debt | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.