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Northern Light Venture Capital

Founders Feng Deng Jeffrey Lee Yan Ke

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Investments

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Total investments 442
Average round size
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The average size of a deal this fund participated in
$17M
Portfolio companies 317
Rounds per year 23.26
Lead investments 60
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.28
Exits 37
Key employees 7
Stages of investment
Early Stage Venture
Late Stage Venture
Seed

Areas of investment

  • Health Care
  • Medical
  • Manufacturing
  • Internet
  • Biotechnology
Summary

Northern Light Venture Capital appeared to be the VC, which was created in 2005. The main department of described VC is located in the Beijing. The venture was found in Asia in China.

Considering the real fund results, this VC is 15 percentage points more often commits exit comparing to other organizations. The increased amount of exits for fund were in 2019. The high activity for fund was in 2018. Deals in the range of 10 - 50 millions dollars are the general things for fund. The fund is constantly included in 7-12 investment rounds annually. The typical startup value when the investment from Northern Light Venture Capital is 500 millions - 1 billion dollars. Opposing the other organizations, this Northern Light Venture Capital works on 22 percentage points less the average amount of lead investments.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - China. The fund has exact preference in some founders of portfolio startups. If startup sums 4 of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight Dianrong, Vipkid, Meituan.com. Among the most popular fund investment industries, there are Health Care, Semiconductor.

The current fund was established by Feng Deng, Yan Ke. The overall number of key employees were 7.

The usual cause for the fund is to invest in rounds with 3 partakers. Despite the Northern Light Venture Capital, startups are often financed by Sequoia Capital China, Sinovation Ventures, New Enterprise Associates. The meaningful sponsors for the fund in investment in the same round are Qiming Venture Partners, Matrix Partners China, Sinovation Ventures. In the next rounds fund is usually obtained by IDG Capital, New Enterprise Associates, SAIF Partners.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Northern Light Venture Capital:
Typical Co-investors
Northern Light Venture Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Northern Light Venture Capital:

Funds with similar focus

Funds from China
Funds with similar focus located in China:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

weshare

Finance
Financial Services
FinTech
17 Jun 2024 Futian District, Guangdong Province, China

Tuliu.com

Online Auctions
Online Portals
Small and Medium Businesses
19 Apr 2024 China, Wuwei, China

RootData

$1M05 Apr 2024 Singapore, Central Region, Singapore

Wanglitong

29 Mar 2024 Shenzhen, Guangdong, China

Coordinate System Intelligence

Automotive
Information Technology
$7M22 Mar 2024 Suzhou, Jiangsu, China

Wuwen Xinqiong

Cloud Computing
Electronics
05 Dec 2023 Beijing, Beijing, China

Sanegene Bio

Biopharma
Health Care
Medical
$80M01 Dec 2023 Boston, Massachusetts, United States

Zhonghui Laser

Laser
Manufacturing
25 Sep 2023 Suzhou, Jiangsu, China

Flytech

Advanced Materials
Manufacturing
Product Research
15 Sep 2023 Chengdu, Sichuan, China
News
New Core Tech Raises USD 35M in Series C Funding

– New Core Tech is a Shanghai, China-based manufacturing company.
– The company raised USD 35M in Series C funding.
– The round was led by XiaoMi, Shunwei Capital with participation from Northern Light Venture Capital and Cowin Capital.
– The new investment will be used to partnership and channel expansion and talent acquisition.

Immune-Onc Therapeutics Announces $73 Million in Series B1 and B2 Financing to Advance its Portfolio of Novel Immunotherapies in Blood Cancers and Solid Tumors

– Immune-Onc Therapeutics, Inc. (“Immune-Onc”), a clinical-stage cancer immunotherapy company developing novel biotherapeutics targeting immunosuppressive myeloid checkpoints today announced the closing of a $73 million Series B1 and B2 financing.
– The round was led by Oceanpine Capital with participation from additional new investors including Octagon Capital and Sphera Healthcare, and existing investors, including Northern Light Venture Capital and Vivo Capital.
– In conjunction with this round of financing, Oceanpine CEO and managing partner Dave Chenn joins the Immune-Onc Board of Directors.

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Total investments 442
Average round size 17M
Rounds per year 23.26
Peak activity year 2018
Lead investments 60
Follow on index 0.28
Exits 37
Group Appearance index 0.62

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

weshare

Finance
Financial Services
FinTech
17 Jun 2024 Futian District, Guangdong Province, China

Tuliu.com

Online Auctions
Online Portals
Small and Medium Businesses
19 Apr 2024 China, Wuwei, China

RootData

$1M05 Apr 2024 Singapore, Central Region, Singapore

Wanglitong

29 Mar 2024 Shenzhen, Guangdong, China

Coordinate System Intelligence

Automotive
Information Technology
$7M22 Mar 2024 Suzhou, Jiangsu, China

Wuwen Xinqiong

Cloud Computing
Electronics
05 Dec 2023 Beijing, Beijing, China

Sanegene Bio

Biopharma
Health Care
Medical
$80M01 Dec 2023 Boston, Massachusetts, United States

Zhonghui Laser

Laser
Manufacturing
25 Sep 2023 Suzhou, Jiangsu, China

Flytech

Advanced Materials
Manufacturing
Product Research
15 Sep 2023 Chengdu, Sichuan, China
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