# Northern Light Venture Capital's Investments in China: 37 Startups by Sector (2026) > The 37 startups in China that Northern Light Venture Capital has backed, by sector: Biotech, Healthtech and IT Services and more. $2.0B raised. Updated nightly. Source: https://millionrounds.com/portfolio-maps/nlvc-investments-china (Millionrounds; every figure on the page links to its filing or article) ## Biotech 10 - [Neurophth Therapeutics](https://millionrounds.com/company/neurophth-therapeutics) - [GenFleet Therapeutics](https://millionrounds.com/company/genfleet-therapeutics) - [WeMed](https://millionrounds.com/company/wemed) - [Qihan Biotech](https://millionrounds.com/company/qihan-biotech) - [*K* Kanova](https://millionrounds.com/company/kanova) - [TenNor](https://millionrounds.com/company/tennor) - [*UT* Ucello Therapeutics](https://millionrounds.com/company/ucello-therapeutics) - [HemaCell](https://millionrounds.com/company/hemacell) - [Wancheng Gene](https://millionrounds.com/company/wancheng-gene) - [*L* LanssonPharm](https://millionrounds.com/company/lanssonpharm) ## Healthtech 5 - [MagAssist](https://millionrounds.com/company/magassist) - [Genepoint Biological Technology](https://millionrounds.com/company/genepoint-biological-technology) - [*CP* CITIC Pharmaceutical](https://millionrounds.com/company/citic-pharmaceutical) - [Xpect Vision Technology](https://millionrounds.com/company/xpect-vision-technology) - [Jingwei Shida](https://millionrounds.com/company/jingwei-shida) ## IT Services 5 - [APUS Group](https://millionrounds.com/company/apus-group) - [Zamplus Technology](https://millionrounds.com/company/zamplus-technology) - [Thundersoft](https://millionrounds.com/company/thundersoft) - [*QS* Qingfeng Shidai Technology](https://millionrounds.com/company/qingfeng-shidai-technology) - [MEETVR](https://millionrounds.com/company/meetvr) ## AI 4 - [Nutshell Therapeutics](https://millionrounds.com/company/nutshell-therapeutics) - [Evomotion](https://millionrounds.com/company/evomotion) - [*EC* Eagle Cloud](https://millionrounds.com/company/eagle-cloud) - [ATMAN](https://millionrounds.com/company/atman) ## Cybersecurity 3 - [*Y* Youdian](https://millionrounds.com/company/youdian) - [Cloudscreen](https://millionrounds.com/company/cloudscreen) - [*W* wenqian.cn](https://millionrounds.com/company/wenqian-cn) ## Edtech 2 - [Vipkid](https://millionrounds.com/company/vipkid) - [XuetangX](https://millionrounds.com/company/xuetangx) ## E-commerce 2 - [Beijing Redbaby Internet Technology](https://millionrounds.com/company/beijing-redbaby-internet-technology) - [*T* Taodangpu](https://millionrounds.com/company/taodangpu) ## Hardware & Electronics 2 - [BV Laser](https://millionrounds.com/company/bv-laser) - [*WT* Weipin Technology](https://millionrounds.com/company/weipin-technology) ## Pharma 2 - [VelaVigo](https://millionrounds.com/company/velavigo) - [Kangpu Biopharmaceuticals, Ltd.](https://millionrounds.com/company/kangpu-biopharmaceuticals-ltd) ## Internet 2 - [*X* Xinshang](https://millionrounds.com/company/xinshang) - [Yinglink](https://millionrounds.com/company/yinglink) ## Segment by segment ### Biotech 10 startups · $393M raised - [**Neurophth Therapeutics**](https://millionrounds.com/company/neurophth-therapeutics) Neurophth Therapeutics is a leading clinical-stage gene therapy company based in Wuhan, China, with additional subsidiaries in Sha China $97M - [**GenFleet Therapeutics**](https://millionrounds.com/company/genfleet-therapeutics) GenFleet Therapeutics is a biotechnology developer and researcher of molecular pharmaceuticals targeting cancer treatments. China $96M - [**WeMed**](https://millionrounds.com/company/wemed) WeMed is an interventional diagnosis and treatment solutions provider. China $46M - [**Qihan Biotech**](https://millionrounds.com/company/qihan-biotech) Qihan Biotech is a gene-editing organ transplantation technology developer. China $42M - [*K* **Kanova**](https://millionrounds.com/company/kanova) Kanova is a biopharmaceutical firm that focuses on developing therapeutic antibodies to treat cancer and autoimmune diseases. China $30M - [**TenNor**](https://millionrounds.com/company/tennor) Tennor is a global investment holding company. China $25M - [*UT* **Ucello Therapeutics**](https://millionrounds.com/company/ucello-therapeutics) Ucello Therapeutics is engaged in development of allogeneic cell therapies using its proprietary CAR-T cell technology platform CBT-X20. China $21M - [**HemaCell**](https://millionrounds.com/company/hemacell) HemaCell is a new cell therapy company to regenerate hematopoietic lineages in vitro, with unique stem cell reprogramming. China $17M ### Healthtech 5 startups · $159M raised - [**MagAssist**](https://millionrounds.com/company/magassist) MagAssist is a special expert of the National Youth Thousand People Program and a special professor of Suzhou University. China $78M - [**Genepoint Biological Technology**](https://millionrounds.com/company/genepoint-biological-technology) Genepoint Biological Technology is a healthcare technology company that offers application and process control services. China $30M - [*CP* **CITIC Pharmaceutical**](https://millionrounds.com/company/citic-pharmaceutical) CITIC Pharmaceutical is a pharmaceutical service provider that supplies medicine and related consumables to hospitals. China $23M - [**Xpect Vision Technology**](https://millionrounds.com/company/xpect-vision-technology) Founded in 2015, Xpectvision Technology is a high-tech company committed to innovative technology development. China $14M - [**Jingwei Shida**](https://millionrounds.com/company/jingwei-shida) Jingwei Shida is a medical equipment R&D and supplier, focusing on the research and development of optoelectronic medical equipment. China $14M ### IT Services 5 startups · $157M raised - [**APUS Group**](https://millionrounds.com/company/apus-group) APUS Group, founded in June 2014 by Li Tao, is a Chinese technology company based in Beijing. China $116M - [**Zamplus Technology**](https://millionrounds.com/company/zamplus-technology) Zamplus Technology, also known as 晶赞科技, is a Shanghai-based company specializing in big data and digital advertising technology. China $20M - [**Thundersoft**](https://millionrounds.com/company/thundersoft) ThunderSoft is a provider of operating system technologies, superior products and solutions, experts in mobile, IoT, automotive, a China $15M - [*QS* **Qingfeng Shidai Technology**](https://millionrounds.com/company/qingfeng-shidai-technology) Qingfeng Shidai Technology is a Smart Hardware company. China $3.0M - [**MEETVR**](https://millionrounds.com/company/meetvr) Technology company based in Shanghai. China $2.9M ### AI 4 startups · $81M raised - [**Nutshell Therapeutics**](https://millionrounds.com/company/nutshell-therapeutics) Nutshell Therapeutics invents small molecules in the realm of drug discovery fostered by protein dynamics. China $40M - [**Evomotion**](https://millionrounds.com/company/evomotion) Shenzhen Evomotion Co., Ltd., founded in 2015, is a technology company based in Shenzhen that specializes in AI and intelligent vi China $20M - [*EC* **Eagle Cloud**](https://millionrounds.com/company/eagle-cloud) China $15M - [**ATMAN**](https://millionrounds.com/company/atman) Atman is a Beijing-based artificial intelligence company established in 2016 by experts from Microsoft Research. China $5.6M ### Cybersecurity 3 startups · $27M raised - [*Y* **Youdian**](https://millionrounds.com/company/youdian) China $22M - [**Cloudscreen**](https://millionrounds.com/company/cloudscreen) CloudScreen allows you to set up automated phone screens, to interview candidates at scale. China $2.9M - [*W* **wenqian.cn**](https://millionrounds.com/company/wenqian-cn) wenqian.cn is an electronic contract signing platform. China $2.3M ### Edtech 2 startups · $889M raised - [**Vipkid**](https://millionrounds.com/company/vipkid) VIPKID为您提供1对1外教口语课程和英语体系课程,经8年学术沉淀,累计服务100万学员、1.5亿节课时,签约8万北美外教,100%本科学历、硕博占比33%以上,帮助您从零学英语,足不出户练口语.登录官网领免费试听课程,学英语来VIPKID! China $875M - [**XuetangX**](https://millionrounds.com/company/xuetangx) XuetangX operates as a platform providing massive open online courses. China $14M ### E-commerce 2 startups · $102M raised - [**Beijing Redbaby Internet Technology**](https://millionrounds.com/company/beijing-redbaby-internet-technology) Beijing Redbaby Internet Technology is an e-commerce platform for consumers across China. China $71M - [*T* **Taodangpu**](https://millionrounds.com/company/taodangpu) Taodangpu is a e-commerce website focused on abandoned pawned items of pawnshops. China $31M ### Hardware & Electronics 2 startups · $17M raised - [**BV Laser**](https://millionrounds.com/company/bv-laser) BV LASER, officially known as Nanjing Bestview Laser S&T Co., Ltd., is a leading manufacturer of medical aesthetic laser equipment China $14M - [*WT* **Weipin Technology**](https://millionrounds.com/company/weipin-technology) Weipin Technology is a 5G communication test and measurement general equipment developer. China $2.8M ### Pharma 2 startups · $74M raised - [**VelaVigo**](https://millionrounds.com/company/velavigo) VelaVigo is a biotech company that specializes in the discovery and development of multi-specific antibodies and antibody-drug con China $60M - [**Kangpu Biopharmaceuticals, Ltd.**](https://millionrounds.com/company/kangpu-biopharmaceuticals-ltd) Kangpu Biopharmaceuticals, Ltd. China $14M ### Internet 2 startups · $55M raised - [*X* **Xinshang**](https://millionrounds.com/company/xinshang) China $50M - [**Yinglink**](https://millionrounds.com/company/yinglink) To help improve the grading diagnosis of medical industry under government's policies support, YingLink applies the advanced inter China $4.7M **How this map is made.** Every startup here has raised money in a round we track that names Northern Light Venture Capital as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. 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)[Co-investors **Who invests with Northern Light Venture Capital** 27 co-investors](https://millionrounds.com/portfolio-maps/nlvc-co-investors)[Sector portfolio **Northern Light Venture Capital's Biotech portfolio** 11 startups · $499M](https://millionrounds.com/portfolio-maps/nlvc-biotech-portfolio)[Investments abroad **Techstars' investments in the United Kingdom** 102 startups · $1.1B](https://millionrounds.com/portfolio-maps/techstars-investments-united-kingdom)[Investments abroad **Sequoia Capital's investments in China** 76 startups · $56B](https://millionrounds.com/portfolio-maps/sequoia-capital-investments-china)[Investments abroad **Matrix Partners China's investments in China** 70 startups · $4.2B](https://millionrounds.com/portfolio-maps/matrix-partners-china-2-investments-china) ## Raising from investors like Northern Light Venture Capital? 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