Northern Light Venture Capital - Hometag:www.nlightvc.com,2008:mephisto/Mephisto Noh-Varr2007-10-03T01:55:23Zadmintag:www.nlightvc.com,2007-10-03:442007-10-03T01:54:00Z2007-10-03T01:55:23ZNorthern Light brightens with $350 million second fundBeijing-based Northern Light Venture Capital has raised a $350 million second fund for investments in China. It follows an initial $122 million fund raised in October 2005.
Beijing-based Northern Light Venture Capital has raised a $350 million second fund for investments in China. It follows an initial $122 million fund raised in October 2005.
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<h2>Northern Light brightens with $350 million second fund</h2>
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New vehicle sustains strategy <br />
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<p>Fund II is backed by institutional investors from the US, Europe, and Asia, including Princeton University. Deals will continue
on the firm’s initial strategy, targeting venture capital investments in technology, media and telecommunications, as well as
consumer products and services.
<p>Northern Light senior vice president and CFO Jeffrey Lee said there will be an emphasis on technology opportunities in
information technology, and also vertical industries where technology plays a key role. On the consumer side, the target is “highly
capital-efficient opportunities in services and products that benefit from the rapidly rising China middle class.” A majority of
the fund’s corpus is expected to go to early stage companies, he added.
<p>Fund II follows a respectable track record of deals from the inaugural effort for the nine-partner firm, which has offices in
Beijing’s Tsinghua Science Park, Shanghai and Silicon Valley. Two of the firm’s 14 portfolio companies from Fund 1 have gone public
on NASDAQ: chip designers Actions Semiconductor and Spreadtrum Communications.
<p>Two Northern Light investees are also notable for having received later-stage financing from KPCB China in June this year:
online baby product retailer Redbaby (Series C) and wireless networking technology startup Aerohive Networks (Series B, also). Its
other portfolio companies include micropayment service LianLian Pay and mid-priced hotel chain Hanting Hotels.
<p>Northern Light has strategic alliances with Greylock Partners and New Enterprise Associates, which serve as “special” limited
partners and strategic advisors. The firm’s network also extends to Lightspeed Venture Partners, a co-investor in Series A funding
for Aerohive.
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admintag:www.nlightvc.com,2007-09-30:432007-09-30T07:27:00Z2007-09-30T09:25:01ZFeng Deng was named one of the top 10 venture capitalists in China for 2007SAIF Partners is VC Fund of the Year & CDH Investments wins PE Fund of the Year
in the event of 2007 China VC&PE Annual Ranking
SAIF Partners is VC Fund of the Year & CDH Investments wins PE Fund of the Year
in the event of 2007 China VC&PE Annual Ranking
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<h2>Feng Deng was named one of the top 10 VCs in China for 2007</h2>
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<p><a href="http://www.zero2ipo.com.hk/china_this_week/detail.asp?id=5444">Original Article</a>
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admintag:www.nlightvc.com,2007-09-30:412007-09-30T06:40:00Z2007-09-30T07:22:31Z邓锋被评为2007中国投资家十强2007中国创业投资暨私募股权投资年度排名揭晓
2007中国创业投资暨私募股权投资年度排名揭晓
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<h2>2007中国创业投资暨私募股权投资年度排名揭晓</h2>
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<p><a href="http://www.zero2ipo.com.cn/2007/12/7/20071274431.html">Original Article</a>
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admintag:www.nlightvc.com,2007-08-30:232007-08-30T20:09:00Z2007-09-07T19:29:09Zindex
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<h2 class="about replace">About Northern Light</h2>
<p>Northern Light Venture Capital (“NLVC”) is a China concept venture capital firm focused on early and growth stage opportunities in technology enabled businesses. <span class="caps">NLVC</span> targets businesses that leverage China’s industrial, economic, or human resources to build exceptional, lasting enterprises in the global economy.</p>
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<img src="/images/feature.jpg" alt="Feature" />
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<h3 class="news replace">Northern Light News </h3>
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<li><a href="http://www.marketwatch.com/News/Story/Story.aspx?guid={D77949CF-C16A-4AE5-A083-F37B2BB0149D}"><span class="caps">HYSTA</span> Presents “Innovation and Leadership 2006”</a></li>
<li><a href="http://www.chinaventurenews.com/50226711/chinese_venture_capitalists_share_views_in_silicon_valley.php">Chinese Venture Capitalists Share Views in Silicon Valley</a></li>
<li><a href="/press/news_beijing8-31-06"><span class="caps">BAIHE</span>.COM Ranks Among the Red Herring Asia 100</a></li>
<li><a href="/press/news_beijing12-15-05">Northern Light Venture Capital Formed</a></li>
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<p class="more"><a href="/press" class="archive more_link">- abc {{ site.sections<sup><a href="#fn1">1</a></sup>.name }} View Archive</a></p>
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<h3 class="portfolio replace">Portfolio Companies</h3>
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<p>Mouse over the links at the left to learn more about <span class="caps">NLVC</span>-funded projects</p>
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<a href="/portfolio #consumer">Redbaby</a>
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<a href="http://www.redbaby.com.cn"><img src="/assets/2007/5/16/redbaby.gif" alt="Redbaby" /></a>
<h3>Online retailer of baby products in China</h3>
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<li><strong>Status:</strong> Private</li>
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<a href="/portfolio #semiconductor">Actions</a>
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<a href="http://www.actions.com.cn/"><img src="/assets/2007/5/16/actions.gif" alt="Actions" /></a>
<h3>China-based, fabless semiconductor company</h3>
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<li><strong>Status:</strong> IPO</li>
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<a href="/portfolio#systems">Aerohive</a>
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<a href="http://www.aerohive.com/"><img src="/assets/2007/5/16/aerohive.gif" alt="Aerohive" /></a>
<h3>Next generation enterprise wireless networking technology</h3>
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<li><strong>Status:</strong> Private</li>
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<p class="more"><a href="/portfolio" class="portfolio more_link">View Portfolio</a></p>
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