# Northern Light Venture Capital Portfolio Map 2026: 54 Startups by Sector

> Northern Light Venture Capital's portfolio mapped: 54 startups it has backed, in 10 sectors from Biotech, AI and IT Services on.

Source: https://millionrounds.com/portfolio-maps/nlvc-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Biotech

12

- [Neurophth Therapeutics](https://millionrounds.com/company/neurophth-therapeutics)
- [GenFleet Therapeutics](https://millionrounds.com/company/genfleet-therapeutics)
- [Spiro Medical](https://millionrounds.com/company/spiro-medical)
- [TenNor Therapeutics](https://millionrounds.com/company/tennor-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)

## AI

9

- [*D* Drive.ai](https://millionrounds.com/company/drive-ai)
- [Nutshell Therapeutics](https://millionrounds.com/company/nutshell-therapeutics)
- [hireEZ](https://millionrounds.com/company/hireez)
- [Evomotion](https://millionrounds.com/company/evomotion)
- [*EC* Eagle Cloud](https://millionrounds.com/company/eagle-cloud)
- [Synergies Intelligent Systems](https://millionrounds.com/company/synergies-intelligent-systems)
- [ATMAN](https://millionrounds.com/company/atman)
- [EyeCloud](https://millionrounds.com/company/eyecloud)
- [VOC AI](https://millionrounds.com/company/voc-ai)

## IT Services

9

- [APUS Group](https://millionrounds.com/company/apus-group)
- [GMEMS Technologies](https://millionrounds.com/company/gmems-technologies)
- [DerbySoft](https://millionrounds.com/company/derbysoft)
- [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)
- [RootData](https://millionrounds.com/company/rootdata)
- [Crossbar](https://millionrounds.com/company/crossbar)

## 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)

## Cybersecurity

4

- [Stellar Cyber](https://millionrounds.com/company/stellar-cyber)
- [*Y* Youdian](https://millionrounds.com/company/youdian)
- [Cloudscreen](https://millionrounds.com/company/cloudscreen)
- [*W* wenqian.cn](https://millionrounds.com/company/wenqian-cn)

## Edtech

3

- [Vipkid](https://millionrounds.com/company/vipkid)
- [*BT* Beijing Taishi Xinguang Technology](https://millionrounds.com/company/beijing-taishi-xinguang-technology)
- [XuetangX](https://millionrounds.com/company/xuetangx)

## Consumer Apps

3

- [Teambition](https://millionrounds.com/company/teambition)
- [Habby](https://millionrounds.com/company/habby)
- [Konatus](https://millionrounds.com/company/konatus)

## Fintech

3

- [PointOne](https://millionrounds.com/company/pointone)
- [iQUNXING.COM](https://millionrounds.com/company/iqunxing-com)
- [Kasa](https://millionrounds.com/company/kasa)

## Pharma

3

- [VelaVigo](https://millionrounds.com/company/velavigo)
- [Immune-Onc Therapeutics](https://millionrounds.com/company/immune-onc-therapeutics)
- [Kangpu Biopharmaceuticals, Ltd.](https://millionrounds.com/company/kangpu-biopharmaceuticals-ltd)

## Internet

3

- [*X* Xinshang](https://millionrounds.com/company/xinshang)
- [Yinglink](https://millionrounds.com/company/yinglink)
- [TrustGo](https://millionrounds.com/company/trustgo)

## Segment by segment

### Biotech

12 startups · $516M 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
- [**Spiro Medical**](https://millionrounds.com/company/spiro-medical) Spiro Medical is a medical device company developing a groundbreaking Pulmonary Neuromodulation (PNM) System for asthma treatment. United States $67M
- [**TenNor Therapeutics**](https://millionrounds.com/company/tennor-therapeutics) Clinical-stage biotechnology company dedicated to discovery and development of therapeutics in infectious diseases. United States $57M
- [**WeMed**](https://millionrounds.com/company/wemed) WeMed is an interventional diagnosis and treatment solutions provider. - $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

### AI

9 startups · $187M raised

- [*D* **Drive.ai**](https://millionrounds.com/company/drive-ai) Drive.ai creates AI software for autonomous vehicles. United States $65M
- [**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
- [**hireEZ**](https://millionrounds.com/company/hireez) HireEZ offers AI powered recruitment software that allows intelligent sourcing, engagement, analysis, and integration on existing platforms. United States $26M
- [**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
- [**Synergies Intelligent Systems**](https://millionrounds.com/company/synergies-intelligent-systems) Synergies Intelligent Systems provides artificial intelligence services. United States $12M
- [**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
- [**EyeCloud**](https://millionrounds.com/company/eyecloud) EyeCloud is an AI Vision product and solutions providing company. - $3.0M

### IT Services

9 startups · $226M 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
- [**GMEMS Technologies**](https://millionrounds.com/company/gmems-technologies) GMEMS Technologies Inc. United States $36M
- [**DerbySoft**](https://millionrounds.com/company/derbysoft) DerbySoft enables travel companies to work together through technology and innovation. United States $31M
- [**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. - $3.0M
- [**MEETVR**](https://millionrounds.com/company/meetvr) Technology company based in Shanghai. China $2.9M
- [**RootData**](https://millionrounds.com/company/rootdata) RootData is a Web3 and crypto asset data platform that delivers structured, real-time information to investors, researchers, and i Singapore $1.3M

### 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

### Cybersecurity

4 startups · $99M raised

- [**Stellar Cyber**](https://millionrounds.com/company/stellar-cyber) Stellar Cyber is an open XDR platform that offers comprehensive security while streamlining operations for efficiency. United States $72M
- [*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. - $2.9M
- [*W* **wenqian.cn**](https://millionrounds.com/company/wenqian-cn) wenqian.cn is an electronic contract signing platform. China $2.3M

### Edtech

3 startups · $919M 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
- [*BT* **Beijing Taishi Xinguang Technology**](https://millionrounds.com/company/beijing-taishi-xinguang-technology) Beijing Taishi Xinguang Technology is a technical innovation company established on the basis of learning-research-production cooperation. - $30M
- [**XuetangX**](https://millionrounds.com/company/xuetangx) XuetangX operates as a platform providing massive open online courses. - $14M

### Consumer Apps

3 startups · $27M raised

- [**Teambition**](https://millionrounds.com/company/teambition) Teambition is a team collaboration platform that is efficient, simple and elegant. China $17M
- [**Habby**](https://millionrounds.com/company/habby) Habby is a mobile game publisher looking to publish iOS and Android titles globally. - $6.5M
- [**Konatus**](https://millionrounds.com/company/konatus) Konatus is a mobile app for taxi booking. South Korea $3.1M

### Fintech

3 startups · $96M raised

- [**PointOne**](https://millionrounds.com/company/pointone) Automated time tracking and billing for law firms. United States $56M
- [**iQUNXING.COM**](https://millionrounds.com/company/iqunxing-com) iQUNXING.COM is an internet trading platform that provides the tail of supply chain finance. China $23M
- [**Kasa**](https://millionrounds.com/company/kasa) Kasa is a digital platform for real estate investment. Singapore $16M

### Pharma

3 startups · $99M 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
- [**Immune-Onc Therapeutics**](https://millionrounds.com/company/immune-onc-therapeutics) Immune-Onc Therapeutics is a clinical-stage biopharmaceutical company based in Palo Alto, California. United States $25M
- [**Kangpu Biopharmaceuticals, Ltd.**](https://millionrounds.com/company/kangpu-biopharmaceuticals-ltd) Kangpu Biopharmaceuticals, Ltd. China $14M

### Internet

3 startups · $56M 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
- [**TrustGo**](https://millionrounds.com/company/trustgo) TrustGo is a mobile security app to search, monitor, detect and prevent harmful apps and protect mobile devices. United States $1.5M

**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, the first in 2006. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

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