Northern Light Venture Capital

Northern Light Venture Capital, founded in 2005 by Feng Deng and Yan Ke, is a China-focused venture capital firm that manages approximately $1.5 billion in committed capital across multiple funds. With a team of five Managing Directors, it has invested in over 180 portfolio companies, primarily targeting early and growth stage opportunities in sectors such as information technology, new media, clean technologies, consumer services, and healthcare. The firm is distinguished by its partnership of experienced local Chinese and returnee executives, who have significant backgrounds in investing and entrepreneurship. Notable portfolio companies include Meituan.com, Kaixin001.com, and Gogo.com. Northern Light Venture Capital aims to leverage China's industrial and economic resources to foster innovative and disruptive business ventures that can thrive in the global market.

Xin Chen

VP

Yan Ke

Venture Partner and Co-Founder

Dongxun Lee

MD and CFO

Lixin Li

Managing Director

Stella Li

Partner

Lu Lin

Executive Director

Han Shen

VP

Simon Sun

Venture Partner

Zhi Tan

Venture Partner

Huahua Yao

Associate

Fiona Yu

Vice President

Figo Zhang

Partner

Simon Zhao

Vice President

Past deals in ASIC

Binance.US

Seed Round in 2022
Binance.US provides a regulated marketplace built on cutting-edge technology for everyday access to digital assets. Their vision is to accelerate America’s transition to a digital era. It is FinCEN regulated entity in the United States. It is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies.

H-CHIP TECH

Venture Round in 2022
H-CHIP TECH is a high-end optoelectronic research and development company based in Tianjin, China. It focuses on the development of micro-nano optoelectronic chips for industrial clients, particularly in the realm of distributed feedback (DFB) semiconductors. The company's expertise lies in creating advanced optoelectronic chips that provide reliable technological support for the optical communication industry, catering to the growing demand for innovative solutions in this field.

TenaFe

Series B in 2021
TenaFe is a solid-state storage controller startup that develops revolutionary SSD for data storage solutions. Its patented technology, is transforming next generation solutions by powering unparalleled reliability, performance, and energy-efficient SSDs for a wide range of devices from connected gadgets to personal computers to data centers. TeneFe was founded in 2019 and is based in Campbell, CA.

InnoStar Semiconductor

Seed Round in 2021
InnoStar Semiconductor is a semiconductor storage technology service company.

MagAssist

Series B in 2021
Suzhou MagAssist Medical Technology Co., Ltd. develops short and medium-term in vitro ventricular assist (in vitro artificial heart) devices. Its products are used for the treatment and recovery of patients with cardiopulmonary bypass after cardiopulmonary bypass, as well as acute and acute conditions, such as fulminant myocarditis and cardiac arrest caused by acute diseases such as H1N1, severe car accidents, and drowning. The company was founded in 2016 and is based in Suzhou, China.

TenaFe

Series A in 2020
TenaFe is a solid-state storage controller startup that develops revolutionary SSD for data storage solutions. Its patented technology, is transforming next generation solutions by powering unparalleled reliability, performance, and energy-efficient SSDs for a wide range of devices from connected gadgets to personal computers to data centers. TeneFe was founded in 2019 and is based in Campbell, CA.

BlueX Microelectronics

Series A in 2020
BlueX Microelectronics Corp. Ltd, a fabless semiconductor company, designs, develops, and markets ultra-low power wireless systems-on-chip and analog semiconductors for Internet of Things (IoT) and wearable applications. Its products are used in various applications, including IoT, wearable devices, consumer electronics, intelligent sports equipment, wireless medical, remote control, security, and toys. The company is based in Hefei, China.

Eeasy Tech

Series A in 2019
Yizhi Electronic Technology Co., Ltd. is a system solution provider with AI machine vision algorithm and SOC chip design as its core, aiming to become the global leader in intelligent security (AI) enabling in video security, automotive electronics and intelligent hardware. The company was registered in Zhuhai in early 2016 and currently has offices in Zhuhai, Beijing and Shenzhen. Yizhi has more than 100 employees, mainly graduated from domestic first-class colleges. The core team has experienced many successful SOC chip mass production experience, and the chip and algorithm R&D team has an average annual salary of more than 10 years. Yizhi has always insisted on independent research and development of IP such as AI acceleration, high-definition display, audio and video codec, high-speed digital-analog mixing, especially the AI ​​IP PPA index is better than the industry rivals.

AcKaM

Venture Round in 2019
AcKaM (Jiangsu) Industrial Technology Co., Ltd, established in 2007 and located in Changzhou, China, specializes in the manufacture of steam traps and steam integration systems. The company produces a wide range of products including thermodynamic, float, inverted bucket, and thermostatic steam traps, along with condensate water recycling systems, pressure relief valves, and automatic trap pumps. AcKaM also offers comprehensive services in steam system design and management, including steam tracking, condensate recovery, and on-line monitoring systems. As a high-tech enterprise, AcKaM is committed to providing intelligent steam energy management solutions that promote safe, efficient, energy-saving, and low-carbon utilization of steam energy for its customers.

Carta

Series D in 2018
Carta is a transfer agent for private companies that enables seed-stage to pre-IPO companies to manage equity electronically with the participation of their shareholders, employees, auditors, and legal counsel. It digitizes paper stock certificates along with stock options, warrants, and derivatives to create a real-time image of who owns what at a startup. Carta receives funding from a group of investors, including Draper VC, Expansion VC, k9 Ventures, Elefund, Subtraction Capital, Scott Banister, XG Ventures, Kima Ventures, Andy Palmer, and Structure Capital. It was founded by Manu Kumar and Henry Ward in 2012 as eShares, Carta is based in Mountain View, California.

Carta

Series D in 2018
Carta is a transfer agent for private companies that enables seed-stage to pre-IPO companies to manage equity electronically with the participation of their shareholders, employees, auditors, and legal counsel. It digitizes paper stock certificates along with stock options, warrants, and derivatives to create a real-time image of who owns what at a startup. Carta receives funding from a group of investors, including Draper VC, Expansion VC, k9 Ventures, Elefund, Subtraction Capital, Scott Banister, XG Ventures, Kima Ventures, Andy Palmer, and Structure Capital. It was founded by Manu Kumar and Henry Ward in 2012 as eShares, Carta is based in Mountain View, California.

BlueX Microelectronics

Series A in 2018
BlueX Microelectronics Corp. Ltd, a fabless semiconductor company, designs, develops, and markets ultra-low power wireless systems-on-chip and analog semiconductors for Internet of Things (IoT) and wearable applications. Its products are used in various applications, including IoT, wearable devices, consumer electronics, intelligent sports equipment, wireless medical, remote control, security, and toys. The company is based in Hefei, China.

AncSonic

Series A in 2018
AncSonic manufactures, develops, and sells active noise cancellation reduction components and products. The Company operates as an electrical components manufacturing company. It develops and sells noise reduction components, car noise reduction accessories, and other products. Beijing AncSonic Technology markets its products throughout China.

BlueX Microelectronics

Venture Round in 2017
BlueX Microelectronics Corp. Ltd, a fabless semiconductor company, designs, develops, and markets ultra-low power wireless systems-on-chip and analog semiconductors for Internet of Things (IoT) and wearable applications. Its products are used in various applications, including IoT, wearable devices, consumer electronics, intelligent sports equipment, wireless medical, remote control, security, and toys. The company is based in Hefei, China.

Cista

Series B in 2016
Cista is a technology company specializing in the design, development, packaging, testing, and marketing of integrated circuit chips, with a particular focus on complementary metal-oxide-semiconductor (CMOS) image sensors. Headquartered in San Jose, California, and with operations in Shanghai, China, Cista aims to leverage domestic industrial resources to foster the independent development of electronic information products in China. The company plays a significant role in the Internet of Things industry, contributing to the growth of national and local integrated circuit sectors since its founding in 2013.

Crossbar

Series D in 2015
Crossbar Inc. is a startup based in Santa Clara, California, specializing in the development and licensing of resistive RAM (ReRAM) technology for data storage. Founded in 2008, the company aims to revolutionize the electronics industry by providing a new class of non-volatile memory that enables significant advancements in performance and energy efficiency. Their innovative ReRAM technology allows for up to one terabyte of storage on a chip the size of a postage stamp, making it suitable for a wide range of applications, including consumer electronics, mobile devices, enterprise storage, and cloud computing. Crossbar's solutions facilitate the integration of computing and storage subsystems, enabling designs that overcome the limitations of traditional flash and DRAM memory. The company's focus on persistent and cognitive memory supports advancements in both edge and cloud computing, positioning it at the forefront of the evolving data storage landscape.

HCFA

Venture Round in 2015
HCFA engages in the R & D, manufacturing, sales, and application integration of industrial automation products. It is committed to providing core components and system integration solutions for smart factories. The company was founded in 2011 and is based in Quzhou, Zhejiang Province, China.

APICloud

Series A in 2014
APICloud, based in Beijing, China, is a prominent provider of mobile application cloud services. As the first and leading mobile app cloud service provider in the country, APICloud offers an integrated development environment that includes comprehensive backend services and mobile-optimized API modules. The company's innovative hybrid app engine allows developers to create cross-platform applications using a single JavaScript codebase, delivering a native app experience. APICloud's Cloud API and Client API streamline the app development process, significantly reducing the development cycle from one month to just seven days. This cloud-based environment enables developers to concentrate on building high-quality applications while APICloud manages the underlying infrastructure and services.

Crossbar

Series C in 2014
Crossbar Inc. is a startup based in Santa Clara, California, specializing in the development and licensing of resistive RAM (ReRAM) technology for data storage. Founded in 2008, the company aims to revolutionize the electronics industry by providing a new class of non-volatile memory that enables significant advancements in performance and energy efficiency. Their innovative ReRAM technology allows for up to one terabyte of storage on a chip the size of a postage stamp, making it suitable for a wide range of applications, including consumer electronics, mobile devices, enterprise storage, and cloud computing. Crossbar's solutions facilitate the integration of computing and storage subsystems, enabling designs that overcome the limitations of traditional flash and DRAM memory. The company's focus on persistent and cognitive memory supports advancements in both edge and cloud computing, positioning it at the forefront of the evolving data storage landscape.

Crossbar

Series B in 2012
Crossbar Inc. is a startup based in Santa Clara, California, specializing in the development and licensing of resistive RAM (ReRAM) technology for data storage. Founded in 2008, the company aims to revolutionize the electronics industry by providing a new class of non-volatile memory that enables significant advancements in performance and energy efficiency. Their innovative ReRAM technology allows for up to one terabyte of storage on a chip the size of a postage stamp, making it suitable for a wide range of applications, including consumer electronics, mobile devices, enterprise storage, and cloud computing. Crossbar's solutions facilitate the integration of computing and storage subsystems, enabling designs that overcome the limitations of traditional flash and DRAM memory. The company's focus on persistent and cognitive memory supports advancements in both edge and cloud computing, positioning it at the forefront of the evolving data storage landscape.

GigaDevice

Venture Round in 2011
GigaDevice Semiconductor (Beijing) Inc., established in 2005 and headquartered in Beijing, China, is a fabless semiconductor company specializing in memory technology and integrated circuit solutions. It offers a diverse range of products, including SPI NOR flash, SPI NAND flash, parallel NAND flash, known good die, and microcontrollers. These products serve various applications across automotive, industrial, computing, consumer electronics, Internet of Things, network/telecom, and mobile communication sectors. With a strong emphasis on research and development, over 55% of its workforce is dedicated to this area, ensuring GigaDevice maintains a competitive edge in the industry. The company has pioneered several innovations in China, including the first SPI NOR Flash and SPI NAND Flash devices. GigaDevice operates under a manufacturing model that fosters close relationships with foundry partners, allowing it to leverage advanced technology and cost-effective production capabilities.
Anji Microelectronics Technology (Shanghai) Co., Ltd. engages in the research and development, manufacture, and sale of semiconductor materials worldwide. It offers copper, barrier, TSV, oxide, silicon/polysilicon, Al, and BSI CMP slurries; and stripping/cleaning solutions, such as post Al etch residue removers and bulk photoresist strippers. The company was founded in 2004 and is headquartered in Shanghai, China.

UNISOC

Series D in 2006
Unisoc (Shanghai) Technologies Co., Ltd. is a prominent semiconductor company based in Shanghai, China, specializing in the design, development, and marketing of mobile chipset platforms for smartphones, feature phones, and various consumer electronics. The company provides a diverse range of products, including modem/baseband chipsets, radio frequency transceivers, power management solutions, and multimedia technologies, supporting multiple wireless communication standards such as 2G, 3G, and 4G. Unisoc serves both global and domestic manufacturers of mobile devices, leveraging strategic partnerships with companies like YunOS and Keysight Technologies. Established in 2001, Unisoc has developed a robust research and development network with multiple centers across China, as well as locations in the United States, Finland, and India. As of early 2018, the company had over 4,500 employees and had positioned itself as one of the top suppliers of mobile baseband chipsets globally and the largest in China. Unisoc operates as a subsidiary of Tsinghua Unigroup Ltd.