# Who Invests With Northern Light Venture Capital: 27 Co-Investors (2026) > The 27 investors that have backed two or more of the same startups as Northern Light Venture Capital, by kind: vc firms and private equity and asset managers. Source: https://millionrounds.com/portfolio-maps/nlvc-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 23 - [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) - [HSG](https://millionrounds.com/fund/hsg) - [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) - [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) - [*MP* Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) - [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - [InnoSpring](https://millionrounds.com/fund/innospring-silicon-valley) - [Oriza Holdings](https://millionrounds.com/fund/oriza-holdings) - [Fortune Venture Capital](https://millionrounds.com/fund/fortune-capital) - [*VI* Vangoo Investment Partners](https://millionrounds.com/fund/vangoo-investment-partners) - [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) - [Redpoint](https://millionrounds.com/fund/redpoint) - [Highlight Capital](https://millionrounds.com/fund/highlight-capital) - [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) - [Keytone Ventures](https://millionrounds.com/fund/keytone-ventures) - [IDG Ventures](https://millionrounds.com/fund/idg-ventures) - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) - [TEEC Angel Fund](https://millionrounds.com/fund/teec-angel-fund) - [Source Code Capital](https://millionrounds.com/fund/source-code-capital) - [GGV Capital](https://millionrounds.com/fund/ggv-capital) - [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) - [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) - [Legend Star](https://millionrounds.com/fund/legend-star) ## Private equity and asset managers 4 - [IDG Capital](https://millionrounds.com/fund/idg-capital) - [Northern Light Capital](https://millionrounds.com/fund/northern-light-capital) - [Matrix](https://millionrounds.com/fund/matrix) - [CDH Investments](https://millionrounds.com/fund/cdh-investments) ## Segment by segment ### VC firms 23 investors - [**New Enterprise Associates**](https://millionrounds.com/fund/new-enterprise-associates) VC firm United States 6 backed - [**HSG**](https://millionrounds.com/fund/hsg) VC firm Hong Kong SAR China 6 backed - [**Qiming Venture Partners**](https://millionrounds.com/fund/qiming-venture-partners) VC firm Hong Kong SAR China 5 backed - [**Kleiner Perkins Caufield & Byers**](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm United States 4 backed - [*MP* **Matrix Partners China**](https://millionrounds.com/fund/matrix-partners-china-2) VC firm United States 4 backed - [**Tengxun Touzi**](https://millionrounds.com/fund/tengxun-touzi) VC firm China 3 backed - [**InnoSpring**](https://millionrounds.com/fund/innospring-silicon-valley) VC firm United States 3 backed - [**Oriza Holdings**](https://millionrounds.com/fund/oriza-holdings) VC firm China 3 backed ### Private equity and asset managers 4 investors - [**IDG Capital**](https://millionrounds.com/fund/idg-capital) Private equity China 5 backed - [**Northern Light Capital**](https://millionrounds.com/fund/northern-light-capital) Private equity Sweden 3 backed - [**Matrix**](https://millionrounds.com/fund/matrix) Hedge fund United Arab Emirates 2 backed - [**CDH Investments**](https://millionrounds.com/fund/cdh-investments) Private equity Hong Kong SAR China 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as Northern Light Venture Capital, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Northern Light Venture Capital. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Northern Light Venture Capital portfolio map** 54 startups · $2.4B](https://millionrounds.com/portfolio-maps/nlvc-portfolio-map)[Investments abroad **Northern Light Venture Capital's investments in China** 37 startups · $2.0B](https://millionrounds.com/portfolio-maps/nlvc-investments-china)[Sector portfolio **Northern Light Venture Capital's Biotech portfolio** 11 startups · $499M](https://millionrounds.com/portfolio-maps/nlvc-biotech-portfolio)[Co-investors **Who invests with Techstars** 991 co-investors](https://millionrounds.com/portfolio-maps/techstars-co-investors)[Co-investors **Who invests with SV Angel** 988 co-investors](https://millionrounds.com/portfolio-maps/sv-angel-co-investors)[Co-investors **Who invests with Andreessen Horowitz** 977 co-investors](https://millionrounds.com/portfolio-maps/andreessen-horowitz-co-investors) ## Raising from investors like Northern Light Venture Capital? 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