vcspine

Northern Light

Northern Light last closed a fund in April 2021 — 67 months ago. By its own rhythm, that is already past its usual gap.

Next fund
Nov 2025
past due
last close~55 mo110 mo

Northern Light has raised 3 times about every 55 months. The last was Northern Light Associates Fund VI, L.P. That pointed to Nov 2025. It is 12 months past its own gap and has not filed a new fund.

Historically about 1 in 4 firms in this position filed within a year. The month is approximate — how often this is right.

No recent fund  This firm has filed no new fund in over five years, so it either stopped raising or raises in a way Form D never sees.

Funds on file
13
Capital raised
$1.50B
Latest close
April 2021
Based in
non-US

Vehicles on file

VehicleFirst closeAmount Filings
Northern Light Associates Fund VI, L.P.April 2021$41M0001855093 ↗
Northern Light Partners Fund VI, L.P.February 2021$11M0001815979 ↗
Northern Light Venture Fund VI, L.P.September 2020$196M0001815983 ↗
Northern Light Strategic Fund VI, L.P.September 2020$20M offered0001815981 ↗
Northern Light Venture Fund V, L.P.July 2017$390M offered0001711985 ↗
Northern Light Strategic Fund V, L.P.July 2017$30M offered0001711983 ↗
Northern Light Partners Fund III, L.P.July 2011$5M0001525678 ↗
Northern Light Venture Fund III, L.P.—$360M offered0001525674 ↗
Northern Light Strategic Fund III, L.P.—$40M offered0001525673 ↗
Northern Light Partners Fund IV, L.P.—$5M offered0001630268 ↗
Northern Light Strategic Fund IV, L.P.—$30M offered0001630267 ↗
Northern Light Venture Fund IV, L.P.—$365M offered0001630266 ↗
Northern Light Partners Fund V, L.P.—$5M offered0001711982 ↗

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Jeffrey Lee, Yan Ke, Feng Deng, Haotian Jiang, Deng Feng

What Northern Light invests in

Typical fund
$30M median, seed to early stage
Median of this firm’s filed fund sizes on Form D.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.