Northern Light Venture Capital
IDG, DCM, NLVC commit $100m to China mobile office platform
IDG Capital Partners, DCM and Northern Light Venture Capital (NLVC) have participated in a $100 million Series D round of funding for Fxiaoke.com, a Chinese cloud-based mobile business management application.
China's Meituan enters the big league
Asked whether, two years ago, he could have envisaged Chinese group-buying site Meituan achieving a $7 billion valuation Feng Deng, founding managing director of Northern Light Venture Capital, gives a swift no.
VCs commit $100m to China app launcher Apus
Chengwei Ventures, SIG Ventures and Qiming Venture Partners have led a $100 million Series B round of funding for Apus, a Beijing-based company that has developed a suite of products intended to speed up Android operating systems.
Northern Light backs Chinese mobile app service provider
Northern Light Venture Partners (NLVC) has invested $5 million in a Series A round of funding for APICloud, a China-based mobile app cloud service provider.
China online finance: Money to the masses
The rise of peer-to-peer lending businesses in China is good for small companies that can't get bank financing and VC firms looking to ride the next wave. But concerns remain over regulation and reliability
Sun Hung Kai invests in China P2P lending site Dianrong
Sun Hung Kai & Co.(SHK), a leading Hong Kong financial institution, has invested in a Series B round of funding for Chinese peer-to-peer (P2P) lending service Dianrong.
China food-ordering platforms: Stand and deliver
Competition is increasing in China's online food delivery market as VC investors back start-ups looking to achieve scale ahead of expected consolidation. How asset-heavy should the business model be?
IDG leads $20m Series B for China's Dew Mobile
IDG Capital Partners has led a $20 million Series B round of investment in DewMobile, the Chinese start-up behind file transfer app Zapya.
VC-backed Chukong files for US IPO
Chukong Holdings, a Chinese mobile game developer backed by several VC investors, is planning to raise up to $150 million through a US IPO.
Strategic imperative: Chinese corporates embrace PE
Corporate private equity arms are catching on in China as companies beyond the tech space develop an appetite for investment. What does it mean for the industry’s independent incumbents?
NLVC backs Chinese P2P lending platform Dianrong
Northern Light Venture Capital (NLVC) has led a Series A round of funding for Chinese P2P lending service Dianrong. The specific investment amount was not disclosed but the company said it was tens of millions of dollars.
Northern Light backs Chinese analytics provider TalkingData
Northern Light Venture Capital has provided $10 million in Series A funding to TalkingData, a Chinese mobile data analytics provider. The company plans to use the new capital to enhance its product offerings in mobile gaming, advertising, e-commerce and...
New Horizon leads $50m round for China's Chukong Technologies
New Horizon Capital has led a $50 million Series D round of investment in Chukong Technologies, a Chinese mobile game developer. GGV Capital, Sequoia Capital, Steamboat Ventures and Northern Light Venture Capital also participated in the round, which...
US-China start-up incubator launches accelerator program
InnoSpring, Silicon Valley’s first US-China technology start-up incubator, has launched a six-month accelerator program targeting companies in mobile internet, cleantech and healthcare IT industries.
Carlyle sees value in mid-market hotels
Marriott to Hilton to Shangri-La, international hotel brands are buys expanding their footprints in China. Among the country’s 600 five-star hotels, more than 500 are still under construction, and average occupancy rates are barely 60%, the lowest in...
InnoSpring launches US-China technology incubator
InnoSpring, Silicon Valley's first US-China technology incubator, began operations last week to support the expansion of US and Chinese start-ups beyond their home countries. The incubator also announced the establishment of its InnoSpring Seed Fund.
Northern Light eyes healthcare sector
Healthcare will be a stronger area of focus for Northern Light Venture Capital’s third US-dollar fund, which last week achieved a final close of $400 million.
Prudent Energy gets $29.5m from Asian investors
Prudent Energy, a US- and Beijing-based energy storage firm, has raised $29.5 million in an investment rounding led by Japan’s Mitsui & Co. and including Vangoo Investment Partners – which is an affiliate of Japan’s Ant Capital Partners - Asia Clean...
Northern Light VC closes third USD fund at $400m
China-focused early-stage investor Northern Light Venture Capital (NLVC) has closed its third US dollar fund, together with its parallel funds, at $400 million.
Zhenai receives backing from Match.com
Match.com hopes that Chinese dating website Zhenai.com is an investment match made in heaven.
IAC’s Match.com invests in Chinese dating website
IAC-owned Match.com has purchased a 20% stake in Chinese dating website Zhenai Inc. Details of the transaction have not been disclosed.
CNEI invests China’s LED producer
China New Enterprise Investment (CNEI), a China-focused private equity firm focusing on growth targets, has invested $11 million in Nanjing Handson, a domestic LED lighting application company.
Mayfield leads Series B round into ShineOn
LED-focused tech firm ShineOn Holding Incorporation has received a Series B funding from a group of top China-focused VCs including the Mayfield Fund, GSR Ventures, Northern Light Ventures and IDG-Accel Capital. The size of the investment was not disclosed,...
JAFCO Asia, Mitsui, CEL invest Prudent Energy in China
PRC energy storage business Prudent Energy has announced that pan-Asian VC investor JAFCO Asia, Japanese VC firm Mitsui Ventures and European growth capital investor China Equity Links (CEL) Partners, as well as other investors, will invest a total of...