5Y Capital

5Y Capital is a private equity and venture capital firm based in Shanghai, China, focused on seed, start-up, early venture, and growth capital investments. Founded in 2008 and previously known as Morningside Venture Capital, the firm manages approximately USD 5 billion in dual-currency funds, supported by global investors such as sovereign wealth funds, family offices, and endowments. 5Y Capital primarily invests in various sectors, including healthcare, technology, fintech, media, software, life sciences, and education, with a special emphasis on medical treatment, biotechnology, and digital health. The firm seeks opportunities in China and other emerging markets across Asia and the Pacific, aiming to support entrepreneurs in building innovative companies. 5Y Capital typically makes initial investments exceeding USD 500,000 per portfolio company and operates as a subsidiary of Morningside Group, which has been active in venture capital investments since 1992.

Ka Chang

Managing Director

Zhe Chen

Managing Director

Peter Chen

Managing Director

Yu Cheng

Partner

Lu Huang

Director

Victor Jin

Managing Director

Jiangyun Jin

Managing Director

Ted Xutian Jing

Managing Director

Levi Liu

Partner

Qin Liu

Co-Founder, Investment Director and Board Member

Richard Liu

Founding Partner

Stephanie O'Brien

Investment Professional

Ken Shi

Founding Partner

Yi Sun

Senior Associate

Jerry Tong

Senior Associate

Yunhong Wei

Investor

Yaopeng Xing

Investor

Patricia Zhuoya Yang

Investor

Tony Yeung

Managing Director

Cloris You Youdan

Managing Director

Elwin Yuan

Partner

Yuan Ye

Partner

Fisher Zhang

Partner

Fei Zhang

Partner

Bo Zhang

Managing Director

Past deals in B2C

Laizanbao Technology

Series A in 2021
Lai Zanbao is a cross-border e-commerce business solution service provider, and its target positioning is a one-stop e-commerce integrated service provider in the Southeast Asian market. Based on past experience and data accumulation in the field of e-commerce and its own international warehousing and distribution system, Lai Zanbao provides merchants in Southeast Asia with a full chain of services from supply chain selection, logistics performance, e-commerce operations to localized marketing.

Bota Biosciences

Series B in 2021
Bota Biosciences designs and develops synthetic bioengineering technology platform for bio-manufacturing. The company develops cloud databases and intelligent control software suitable for biotechnology development and production. Bota Biosciences was founded in 2019 and is based in Hangzhou, China.

Gongsibao

Series B in 2020
Gongsibao, founded in 2014 and based in Chaoyang, China, operates an online-to-offline (O2O) enterprise service platform tailored for startups. The company's software-as-a-service (SaaS) platform offers a range of essential services, including company registration, taxation, intellectual property management, and various financial and legal assistance. By streamlining these processes, Gongsibao enables startups to establish and operate their businesses more efficiently and effectively.

Mockuai

Series C in 2020
Mockuai is a company positioned itself as an e-commerce Software-as-a-Service (SaaS) provider for key accounts.

XINGYUN GROUP

Series C in 2020
XINGYUN GROUP is a comprehensive services platform for global commodities in China, devoting to providing global channel operation, distribution, and supply chain services to brands, retailers, and international trade practitioners.

Furrytail

Series A in 2019
“FURRYTAIL ” believes that enterprise innovation in cut-off categories lacks channel integration advantages, and targeting “crowds” can help shape the cultural consumer group and capture the market. Targeting the youngest cat population with the highest life cycle value , "FURRYTAIL Tail Life" cuts into the "crowd brand" construction, and develops the full life cycle value (LTV) of the cat-specific population from the initial stage around the 90-year-old cat population. Incremental user demand development.

Aihuishou

Corporate Round in 2019
Aihuishou.com is a prominent C2B platform in China that specializes in the recycling and resale of second-hand electronic items, including mobile phones and laptops. The platform supports over 30 categories of recyclable mobile devices from various brands such as Apple, Samsung, and HTC. By employing a bidding system, Aihuishou.com ensures that users receive competitive prices for their second-hand products, thereby minimizing the risk of undervaluation. The company serves both individuals and businesses, offering a comprehensive service for the disposal of idle electronic items while promoting environmental sustainability. Its operations are primarily based in the People's Republic of China, where it generates revenue through the online sale of pre-owned consumer electronics.

Furrytail

Seed Round in 2018
“FURRYTAIL ” believes that enterprise innovation in cut-off categories lacks channel integration advantages, and targeting “crowds” can help shape the cultural consumer group and capture the market. Targeting the youngest cat population with the highest life cycle value , "FURRYTAIL Tail Life" cuts into the "crowd brand" construction, and develops the full life cycle value (LTV) of the cat-specific population from the initial stage around the 90-year-old cat population. Incremental user demand development.

Furrytail

Angel Round in 2018
“FURRYTAIL ” believes that enterprise innovation in cut-off categories lacks channel integration advantages, and targeting “crowds” can help shape the cultural consumer group and capture the market. Targeting the youngest cat population with the highest life cycle value , "FURRYTAIL Tail Life" cuts into the "crowd brand" construction, and develops the full life cycle value (LTV) of the cat-specific population from the initial stage around the 90-year-old cat population. Incremental user demand development.

SEE Xiaodianpu

Series C in 2018
SEE Xiaodiaopu is a content commercialization alliance and small program e-commerce SaaS service platform. SEE helps thousands of people create "small program stores" and establishes a channel for the brand to enter WeChat and reach new users. SEE also helps with brand sales and reputation through content communication and marketing. SEE has partnered with more than 1000 brands, covering beauty, home, snacks, fashion, and curriculum categories. In addition, SEE has established exclusive cooperation with dozens of WeChat brands.

Huimin

Series B in 2016
Huimin is a B2B e-commerce platform that focuses on small-scale supermarkets that provides community supermarket websites for communities. It is a national modern service industry demonstration unit, leading a brand of domestic community B2B e-commerce, Internet, entity, and people's livelihood. The company integrates the resources of the national community supermarket and encourages the community and innovates value through the Internet platform and technology. Huimin was founded in May 2013 and is headquartered in Beijing, China.

DotC United Group

Series A in 2016
DotC United Group creates and architects internet platforms to simplify globalization complexities. Their mission is to connect users from different countries and better their lives with state-of-the-art technologies.

DotC United Group

Series A in 2016
DotC United Group creates and architects internet platforms to simplify globalization complexities. Their mission is to connect users from different countries and better their lives with state-of-the-art technologies.

XY Mens

Series A in 2016
XY Mens is an e-commerce platform specializing in men's fashion products, headquartered in Beijing, China. Founded in 2014, the company offers a diverse range of categories including clothing, skincare, footwear, and accessories. Its platform features a discount zone, a gift area, and a duty-free import section, catering to various customer needs. Additionally, XY Mens publishes original content related to men's fashion and lifestyle, providing customers with the latest trends, clothing tips, and product guides. This approach aims to enhance the quality of life for male consumers by combining retail offerings with informative resources.

AGORAB2B

Series B in 2015
AGORA is a B2B e-commerce platform that offers expertise in the areas of B2B portal development. AGORA helps small and medium scale businesses in monitoring stock availability and goods prices, allowing businesses to make online reservations in the supplier's enterprise resource planning (ERP) software.

Aihuishou

Series C in 2015
Aihuishou.com is a prominent C2B platform in China that specializes in the recycling and resale of second-hand electronic items, including mobile phones and laptops. The platform supports over 30 categories of recyclable mobile devices from various brands such as Apple, Samsung, and HTC. By employing a bidding system, Aihuishou.com ensures that users receive competitive prices for their second-hand products, thereby minimizing the risk of undervaluation. The company serves both individuals and businesses, offering a comprehensive service for the disposal of idle electronic items while promoting environmental sustainability. Its operations are primarily based in the People's Republic of China, where it generates revenue through the online sale of pre-owned consumer electronics.

SEE Xiaodianpu

Series A in 2015
SEE Xiaodiaopu is a content commercialization alliance and small program e-commerce SaaS service platform. SEE helps thousands of people create "small program stores" and establishes a channel for the brand to enter WeChat and reach new users. SEE also helps with brand sales and reputation through content communication and marketing. SEE has partnered with more than 1000 brands, covering beauty, home, snacks, fashion, and curriculum categories. In addition, SEE has established exclusive cooperation with dozens of WeChat brands.
BDP (Business Data Platform) by a sea of production. Sea of ​​co-founded by former Baidu founding team members and executives, core team members from Baidu, Microsoft, IBM, EMC, Silicon Valley veteran Internet and IT experts, has received a number of top venture capital co-investment fund.

Huimin

Series A in 2015
Huimin is a B2B e-commerce platform that focuses on small-scale supermarkets that provides community supermarket websites for communities. It is a national modern service industry demonstration unit, leading a brand of domestic community B2B e-commerce, Internet, entity, and people's livelihood. The company integrates the resources of the national community supermarket and encourages the community and innovates value through the Internet platform and technology. Huimin was founded in May 2013 and is headquartered in Beijing, China.

Aihuishou

Series B in 2014
Aihuishou.com is a prominent C2B platform in China that specializes in the recycling and resale of second-hand electronic items, including mobile phones and laptops. The platform supports over 30 categories of recyclable mobile devices from various brands such as Apple, Samsung, and HTC. By employing a bidding system, Aihuishou.com ensures that users receive competitive prices for their second-hand products, thereby minimizing the risk of undervaluation. The company serves both individuals and businesses, offering a comprehensive service for the disposal of idle electronic items while promoting environmental sustainability. Its operations are primarily based in the People's Republic of China, where it generates revenue through the online sale of pre-owned consumer electronics.

BiddingForGood

Venture Round in 2013
BiddingForGood, Inc. is a charitable e-commerce company that facilitates online auctions for nonprofits, schools, and businesses, enabling them to raise funds for various causes. The platform connects fundraisers with shoppers who are interested in unique and valuable items, generating over $110 million in support of nonprofit organizations and educational institutions. BiddingForGood offers tools such as Auction Manager Pro and Auction Manager Basic, which assist in managing and promoting auctions effectively. The company serves a diverse range of sectors, including K-12 schools, healthcare, higher education, and arts organizations, enhancing their fundraising efforts. With a community of over 220,000 shoppers, BiddingForGood helps businesses engage in philanthropic outreach while accessing new customer bases through its auction events. Established in 2002 and headquartered in Cambridge, Massachusetts, BiddingForGood was previously known as cMarket, Inc. and became a subsidiary of FrontStream Holdings, LLC in 2015.

Baileyu

Seed Round in 2012
Baileyu.com is an online trading platform specializing in individual life services, offering a diverse range of options including food, photography, relaxation, sports, and travel. Targeting young urban residents, Baileyu.com focuses on delivering personalized and contemporary experiences. The platform emphasizes fashionable and engaging tour services, ensuring that users have access to authentic and reliable providers. By featuring detailed descriptions, images, and customer reviews, Baileyu.com enhances the online business experience and promotes user engagement. Through its comprehensive approach, the platform caters to the needs of a modern audience seeking convenient and enjoyable service options.

Aihuishou

Series A in 2011
Aihuishou.com is a prominent C2B platform in China that specializes in the recycling and resale of second-hand electronic items, including mobile phones and laptops. The platform supports over 30 categories of recyclable mobile devices from various brands such as Apple, Samsung, and HTC. By employing a bidding system, Aihuishou.com ensures that users receive competitive prices for their second-hand products, thereby minimizing the risk of undervaluation. The company serves both individuals and businesses, offering a comprehensive service for the disposal of idle electronic items while promoting environmental sustainability. Its operations are primarily based in the People's Republic of China, where it generates revenue through the online sale of pre-owned consumer electronics.

Yidao Yongche

Series A in 2011
Yongche.com (易到用车网) is a Chinese domestic e-commerce website platform that enables users to book professional car reservation services online. Currently, Yongche.com has covered more than 24 cities, including Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, and Hangzhou, and provides customers with medium and high-end types of cars with multiple services of hourly rental, airport pickup and drop, day rental, half-day rental, and hot travel routes, and has a store of more than ten thousand vehicles.

Alibaba UC Ads

Series D in 2011
Alibaba UC Ads is a mobile marketing solutions provider that helps its clients to connect with the right audience. UC Ads is leveraging its strong mobile user's insights to deliver accurate and precise targeting for its partners.

Alibaba UC Ads

Series C in 2010
Alibaba UC Ads is a mobile marketing solutions provider that helps its clients to connect with the right audience. UC Ads is leveraging its strong mobile user's insights to deliver accurate and precise targeting for its partners.

Alibaba UC Ads

Series B in 2008
Alibaba UC Ads is a mobile marketing solutions provider that helps its clients to connect with the right audience. UC Ads is leveraging its strong mobile user's insights to deliver accurate and precise targeting for its partners.

BiddingForGood

Venture Round in 2005
BiddingForGood, Inc. is a charitable e-commerce company that facilitates online auctions for nonprofits, schools, and businesses, enabling them to raise funds for various causes. The platform connects fundraisers with shoppers who are interested in unique and valuable items, generating over $110 million in support of nonprofit organizations and educational institutions. BiddingForGood offers tools such as Auction Manager Pro and Auction Manager Basic, which assist in managing and promoting auctions effectively. The company serves a diverse range of sectors, including K-12 schools, healthcare, higher education, and arts organizations, enhancing their fundraising efforts. With a community of over 220,000 shoppers, BiddingForGood helps businesses engage in philanthropic outreach while accessing new customer bases through its auction events. Established in 2002 and headquartered in Cambridge, Massachusetts, BiddingForGood was previously known as cMarket, Inc. and became a subsidiary of FrontStream Holdings, LLC in 2015.
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