We demonstrate what is to our knowledge the first mode-locked Nd:YVO4 laser operating on the 4F3/2-4I9/2 transition at 914 nm. Using a semiconductor saturable-absorber mirror for passive mode locking, we have obtained 3-ps pulses at a repetition rate of 233.8 MHz. The laser is based on a standard delta cavity and is pumped by a Ti:sapphire laser. We obtained an average output power of 42 mW through one mirror and an accumulated output power of approximately 150 mW (through all cavity mirrors) at a pump power of 1.4 W.