Northern Light Venture Capital (NLVC) is a venture capital firm founded in 2005, investing at the intersection of enterprise, healthcare, and consumer technology opportunities. The firm manages over $4.5 billion in capital and has made more than 300 investments across China and the U.S.
Deal activity increased 400% year-over-year (5 deals in the last 12 months). Average disclosed round size is $40.9M (across 25 rounds with reported amounts).
Portfolio
33
Fund Size
—
Top Stage
Series A
Last 12 Mo
2
Team
HH
He HUANG
Partner
HS
Han Shen
Vice President
TY
Tuo Yu
Vice President
HW
Haowei Wang
Investment Associate
JZ
Jiagang Zhang
Analyst
WW
Wilson Wong
Portfolio Analyst
FJ
Fabio Jaco
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
39 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Vibrant Therapeutics | Series C | $61M | Jan 2026 |
 Spiro Medical | Series A | $67M | Jan 2026 |
| IiRegene Therapeutics | Series B | — | Sep 2025 |
 iRegene | Series B | — | Sep 2025 |
 VelaVigo | Seed | $60M | Jul 2025 |
| VVOC.AI | Unknown | $15M | Apr 2025 |
 Sanegene Bio | Series B | $110M | Jan 2025 |
 BUD | Series B | $36.8M | May 2022 |
 Ucello Therapeutics | Series A | $25M | Feb 2022 |
 Immune Onc | Series A | $73M | Mar 2021 |
 Teon Therapeutics | Series A | $30M | Jan 2021 |
 Xiaoice | Series A | — | Jan 2021 |
| HHC Scientific | Series B | — | Jan 2021 |
 Stellar Cyber | Series A | $7.1M | Mar 2020 |
 Neurophth | Series A | — | Jan 2020 |
| HHC Scientific | Series A | — | Jan 2020 |
| Stellar Cyber | Series A | $13.2M | Feb 2019 |
 Huohua | Series D | $30M | Jan 2019 |
| Immune Onc | Series B | $33M | Sep 2018 |
| Neurophth | Seed | — | Jan 2018 |
| GGuoke-Hengtai | Series B | — | Jan 2016 |
| BBurning Rock | Series A | $23M | Aug 2015 |
| AAPUS Group | Series B | $100M | Jan 2015 |
 TalkingData | Series A | $10M | Jan 2013 |
| NNurien | Unknown | $15M | Apr 2008 |
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Top Co-Investors
GGV Capital3 shared
Sequoia Capital3 shared
Tyche Partners3 shared
Oriza Ventures3 shared
Xiaomi3 shared
Vivo Capital3 shared
Legend Capital3 shared
Sequoia China3 shared
Pivotal Life Sciences3 shared
Redpoint Ventures2 shared
Chengwei Capital2 shared
Qiming Venture Partners USA2 shared
Nexus Venture Partners2 shared
Source Code Capital2 shared
NetEase2 shared
Lightspeed Venture Partners2 shared
Korea Investment Partners2 shared
University of Michigan2 shared
Correlation Ventures2 shared
Last updated: 9 September 2026