Firsthand Technology Value Fund, Inc. SVVC

Company Overview

Firsthand Technology Value Fund, Inc. (SVVC) is a publicly registered, non-diversified closed-end management investment company focused primarily on equity investments in late-stage private technology and technology-enabled companies, as well as select public technology securities. The company operates within the asset management and investment management industry, with a specific emphasis on companies approaching liquidity events such as initial public offerings, mergers, or strategic sales.

SVVC’s primary revenue driver is investment income and realized or unrealized gains from its portfolio holdings. The fund historically targeted high-growth technology sectors including enterprise software, internet platforms, financial technology, and data-driven services, positioning itself as a vehicle for public market investors to gain exposure to private technology valuations. The fund was founded in 2011 and is externally managed by Firsthand Capital Management, Inc., evolving from an actively investing fund into a vehicle focused on portfolio monetization following a strategic shift toward liquidation.