# Northern Light Venture Capital: portfolio, investments and team > Northern Light Venture Capital is a vc firm based in United States. 194 investments on record, 14 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/nlvc (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Northern Light Venture Capital Last cheque observed Sep 2026; 194 cheques on record. Email Deploying now New fund $196M, Dec 2021 VC firm Pre-seed Seed Series A B2b2c B2C B-to-c Follow Northern Light Venture Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnlvc) Deploying now **64%** of best year **14** **cheques in 12 months**, 194 on record Since the last cheque **47** days **00** hrs **00** min **00** sec Median round **$14M** Rounds led **1 of 194** Sole investor **55 rounds** Exits **3 from the portfolio** Mostly in **United States, 67%** Pitch Northern Light Venture Capital ## Northern Light Venture Capital highlights - 01 14 cheques in the last 12 months - 02 Mostly Series A and Series B: 53% of its rounds - 03 Sole investor in 55 rounds, median $5.6M - 04 3 exits from the portfolio ## What they do > A globally minded, tech-centric venture firm investing at the intersection of enterprise, healthcare, and consumer opportunities. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** B2b2c B2C B-to-c - **Based in:** Menlo Park, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **194 appearances** - **2026** 4 rounds - **Sept** **[Eagle Cloud](https://millionrounds.com/company/eagle-cloud)** Series B+ · CN · TechNode **$15M** *Led* - **May** **[TenNor Therapeutics](https://millionrounds.com/company/tennor-therapeutics)** US **$15M** With 1 other - **Mar** **[Singular Medical](https://millionrounds.com/company/singular-medical)** Venture **Undisclosed** With 1 other - **Jan** **[Spiro Medical](https://millionrounds.com/company/spiro-medical)** Series A · US **$67M** With 4 others - **2025** 21 rounds - **Dec** **[Picky](https://millionrounds.com/company/picky)** Venture **Undisclosed** Sole investor - **Dec** **[BV Laser](https://millionrounds.com/company/bv-laser)** Series C **$14M** Sole investor - **Dec** **[HemaCell](https://millionrounds.com/company/hemacell)** Debt **$17M** With 2 others - **Dec** **[Nanovision Technology](https://millionrounds.com/company/nanovision-technology)** Venture **Undisclosed** With 3 others - **Dec** **[VOC AI](https://millionrounds.com/company/voc-ai)** Grant · US **$17K** Sole investor - **Dec** **[InnoStar Semiconductor](https://millionrounds.com/company/innostar-semiconductor)** Venture **Undisclosed** With 2 others - **Nov** **[Kind Pharmaceutical](https://millionrounds.com/company/kind-pharmaceutical)** Series C **$56M** With 1 other - **Nov** **[Jingwei Shida](https://millionrounds.com/company/jingwei-shida)** Series B **$14M** Sole investor - **Nov** **[Infinigence](https://millionrounds.com/company/infinigence)** Series A **$71M** With 3 others - **Nov** **[RiVAI](https://millionrounds.com/company/rivai)** Venture **Undisclosed** With 2 others - **Oct** **[LuxCreo Inc.](https://millionrounds.com/company/luxcreo-inc)** Venture · US **Undisclosed** With 2 others - **Oct** **[WeHand](https://millionrounds.com/company/wehand)** Venture **$14M** With 1 other - **Sept** **[Deptrum](https://millionrounds.com/company/deptrum)** Venture **Undisclosed** With 2 others - **Sept** **[Surron](https://millionrounds.com/company/surron)** Series B **$14M** With 1 other - **Sept** **[iRegene](https://millionrounds.com/company/iregene)** Venture **Undisclosed** Sole investor - **Sept** **[Coordinate System Intelligence](https://millionrounds.com/company/coordinate-system-intelligence)** Venture **Undisclosed** Sole investor - **Jul** **[Qingzhi](https://millionrounds.com/company/qingzhi)** Series A **$2.1M** With 1 other - **Jul** **[VelaVigo](https://millionrounds.com/company/velavigo)** Seed **$60M** With 5 others - **Apr** **[Yuanbao Insurance Research Institute](https://millionrounds.com/company/yuanbao-insurance-research-institute)** **$1.0M** With 4 others - **Apr** **[Novlead Biotech](https://millionrounds.com/company/novlead-biotech)** Venture **Undisclosed** With 2 others - **Mar** **[BEM Power](https://millionrounds.com/company/bem-power)** Series B · DE **$14M** Sole investor - **2024** 5 rounds - **Oct** **[TenNor Therapeutics](https://millionrounds.com/company/tennor-therapeutics)** Series E · US **$42M** With 1 other - **Sept** **[XinpleTek](https://millionrounds.com/company/xinpletek)** Series A **$14M** With 2 others - **Sept** **[Viewtrix Technology](https://millionrounds.com/company/viewtrix-technology)** Venture **$2.8M** With 4 others - **Apr** **[RootData](https://millionrounds.com/company/rootdata)** Seed · SG **$1.3M** With 1 other - **Mar** **[Brattea](https://millionrounds.com/company/brattea)** Venture **Undisclosed** With 1 other - **2023** 14 rounds - **Nov** **[Weipin Technology](https://millionrounds.com/company/weipin-technology)** Series A **$2.8M** Sole investor - **Sept** **[Qihan Biotech](https://millionrounds.com/company/qihan-biotech)** Series B **$16M** With 4 others - **Aug** **[Hunan Tree Industrial Manufacturing](https://millionrounds.com/company/hunan-tree-industrial-manufacturing)** Series A **$14M** Sole investor - **Aug** **[Kangpu Biopharmaceuticals, Ltd.](https://millionrounds.com/company/kangpu-biopharmaceuticals-ltd)** Series B **$14M** Sole investor - **Aug** **[Neurophth Therapeutics](https://millionrounds.com/company/neurophth-therapeutics)** Series C **$97M** With 2 others - **Aug** **[Stellar Cyber](https://millionrounds.com/company/stellar-cyber)** Venture · US **$34M** With 3 others - **Jul** **[Kanova](https://millionrounds.com/company/kanova)** Series B **$14M** Sole investor - **Jul** **[Sinovation Medical](https://millionrounds.com/company/sinovation-medical)** Series D **$14M** Sole investor - **Jun** **[Ucello Therapeutics](https://millionrounds.com/company/ucello-therapeutics)** Series A **$21M** With 1 other - **Mar** **[Xinrui Medical](https://millionrounds.com/company/xinrui-medical)** Venture **Undisclosed** Sole investor An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **7 named** BL **Bin Li** Director i Form ADV DF **Deng Feng** Director of the General Partner of the General Partner i Filing they signed FD **Feng Deng** Director of the General Partner of the General Partner i Filing they signed HJ **Haotian Jiang** Director of the GP of the GP i Filing they signed JD **Jeffrey David Lee** Director of the General Partner of the General Partner i Filing they signed SK **Shun Kiu Lau** Director i Form ADV YK **Yan Ke** Director of the General Partner of the General Partner i Filing they signed We also hold **18** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$2.8B** gross assets of its funds Oct 2026 **5+** funds on file numbered funds in its name **Exempt** reporting adviser venture or small private funds - **Legal name:** Northern Light Venture Capital Development Limited - **SEC number:** CRD 161103 ## Exits from the portfolio Companies it backed that were later bought or listed **3 in all** **[TrustGo](https://millionrounds.com/company/trustgo)** Bought by [Baidu](https://millionrounds.com/fund/baidu) **$30M** Feb 2013 **[Telegent Systems](https://millionrounds.com/company/telegent-systems)** Bought by Spreadtrum Communications **Undisclosed** Jul 2011 **[Spreadtrum Communications](https://millionrounds.com/company/spreadtrum-communications)** Listed **$125M** Jul 2007 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$196M** raised in Dec 2021 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$14M** the round, not its cheque Alone, median **$5.6M** Led 1 of 194 rounds **1%** - **Sole investor:** 55 rounds - **Last cheque:** Sept 2026 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Series A said *50* - Series B said *45* - Venture *41* - Series C *21* - Series D *14* - Seed said *8* - Pre-seed said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 17 - [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 14 - [IDG Capital](https://millionrounds.com/fund/idg-capital) 13 - [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 12 - [HSG](https://millionrounds.com/fund/hsg) 8 - [IDG Ventures](https://millionrounds.com/fund/idg-ventures) 7 **Pitching Northern Light Venture Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Northern Light Venture Capital. A count of rooms they were both in, not a relationship either has claimed. [**New Enterprise Associates** VC firm **17** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Kleiner Perkins Caufield & Byers** VC firm **14** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**IDG Capital** Private equity **13** rounds together](https://millionrounds.com/fund/idg-capital)[**Qiming Venture Partners** VC firm **12** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**HSG** VC firm **8** rounds together](https://millionrounds.com/fund/hsg)[**IDG Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/idg-ventures)[**Matrix Partners China** VC firm **7** rounds together](https://millionrounds.com/fund/matrix-partners-china-2)[**Shunwei Capital** VC firm **7** rounds together](https://millionrounds.com/fund/shunwei-capital)[**Gaorong Capital** VC firm **6** rounds together](https://millionrounds.com/fund/gaorong-capital)[**Lightspeed Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**China Growth Capital** VC firm **5** rounds together](https://millionrounds.com/fund/china-growth-capital)[**Tengxun Touzi** VC firm **5** rounds together](https://millionrounds.com/fund/tengxun-touzi) ## Recently backed The latest companies Northern Light Venture Capital put money into. [**TenNor Therapeutics** $15M · May 2026](https://millionrounds.com/company/tennor-therapeutics)[**Picky** Dec 2025](https://millionrounds.com/company/picky)[**BV Laser** $14M · Dec 2025](https://millionrounds.com/company/bv-laser)[**VOC AI** $17K · Dec 2025](https://millionrounds.com/company/voc-ai)[**Jingwei Shida** $14M · Nov 2025](https://millionrounds.com/company/jingwei-shida)[**Deptrum** Sept 2025](https://millionrounds.com/company/deptrum) ## Quick answers about Northern Light Venture Capital ### What does Northern Light Venture Capital invest in? Northern Light Venture Capital invests most often at Series A and Series B (53% of the rounds on record), in sectors such as B2b2c, B2C and B-to-c. ### How active is Northern Light Venture Capital? 194 investments on record, 14 of them in the last 12 months, and it led 1. The most recent was in Sept 2026. ### What has Northern Light Venture Capital invested in recently? Its most recent investments on record: Eagle Cloud (Series B+, Sept 2026), TenNor Therapeutics (Undisclosed round, May 2026) and Singular Medical (Venture, Mar 2026). ### How big are Northern Light Venture Capital's cheques? The median round it joins is $14M. ### Does Northern Light Venture Capital lead rounds? Sometimes: it led 1 of its 194 investments on record (1%). ### Where does Northern Light Venture Capital invest? Most of the companies it backs are in the United States (67%), China (11%) and Germany (11%). ### Is Northern Light Venture Capital investing now? Yes: it is actively investing, with 14 investments in the last 12 months. ### Who does Northern Light Venture Capital invest alongside? Most often New Enterprise Associates (17 rounds together), Kleiner Perkins Caufield & Byers (14 rounds together) and IDG Capital (13 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. 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