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 Computer Vision

VisionNav Robotics

Series C in 2022
VisionNav Robotics Limited designs, develops, and manufactures industrial vehicle vision driverless navigation equipment for indoor and outdoor scenes. Its products include vision navigation tray unmanned forklift, visual navigation balance heavy unmanned forklift, vision navigation forward-moving unmanned forklift, visual navigation unmanned tractor, and industrial vehicle driverless system solution. The company serves to e-commerce logistics, aviation logistics, third party logistics, retail fast moving goods, and home appliance sectors. The company was founded in 2015 and is based in Shenzhen, China.

Vastai Technologies

Series B in 2021
Vastai Technologies specializes in the development of semiconductor chips tailored for computer vision, video processing, and various artificial intelligence applications. The company's innovative products are engineered to enhance the computing capabilities of AI visual applications, allowing manufacturers of computer devices to integrate advanced chip technology into their offerings. By focusing on optimizing performance in these specific areas, Vastai Technologies aims to support the growing demand for efficient and powerful AI solutions in the market.

Graphics Origin

Angel Round in 2021
Graphics Origin is a graphics technology company focused on providing advanced productivity tools for 3D content creation.

Moody

Series C in 2021
Moody is a developer of disposable colored contact lenses brand. The company's products are well branded and packaged, as well as hygienic for users, enabling consumers to purchase quality color contact lens products.

Arctic Vision

Series B in 2021
Arctic Vision (Shanghai) Biotechnology Co., Ltd. is a clinical-stage specialty ophthalmology company based in China, focused on developing innovative therapies to meet the unmet clinical needs in ophthalmic diseases. The company has a portfolio of breakthrough technologies aimed at addressing various eye care challenges, including rare diseases through gene therapy. Established by prominent life sciences investors, Arctic Vision is led by a team of experienced professionals from the ophthalmic industry, bringing extensive expertise in research, development, and commercialization of eye care products. The company aims to deliver effective solutions not only in China but also across Asia and globally.

Shukun

Series C in 2020
Shukun (Beijing) Network Technology Co., Ltd. operates as an artificial intelligence based medical technology company. It offers CareSphere Advisor that includes CoronaryDoc, a coronary heart disease intelligent auxiliary diagnosis system; FFRDoc, an intelligent blood flow reserve fraction CT-FFR measurement system; CACScoreDoc for calculating calcification points; and AortaDoc, an aortic intelligent diagnosis system. The company was founded in 2017 and is based in Beijing, China with a branch in Shanghai.

Horizon Robotics

Series C in 2020
Horizon Robotics, founded in 2015 and headquartered in Beijing, China, specializes in developing advanced chips for robotics and artificial intelligence applications. The company focuses on providing integrated, open embedded AI solutions that are designed to be high-performance, low-power, and cost-effective. Horizon Robotics aims to enable a wide range of devices, including autonomous vehicles, to operate with enhanced intelligence, facilitating capabilities such as perception, understanding, and decision-making to improve safety and convenience. The company's co-founding team possesses expertise in algorithms, software, hardware, and chip development, supported by a robust research and development team with significant industry experience. Horizon Robotics has garnered considerable investment from prominent venture capital firms and notable investors, positioning itself as a leading player in the global AI startup landscape.

Vastai Technologies

Series A in 2020
Vastai Technologies specializes in the development of semiconductor chips tailored for computer vision, video processing, and various artificial intelligence applications. The company's innovative products are engineered to enhance the computing capabilities of AI visual applications, allowing manufacturers of computer devices to integrate advanced chip technology into their offerings. By focusing on optimizing performance in these specific areas, Vastai Technologies aims to support the growing demand for efficient and powerful AI solutions in the market.

Arctic Vision

Series A in 2020
Arctic Vision (Shanghai) Biotechnology Co., Ltd. is a clinical-stage specialty ophthalmology company based in China, focused on developing innovative therapies to meet the unmet clinical needs in ophthalmic diseases. The company has a portfolio of breakthrough technologies aimed at addressing various eye care challenges, including rare diseases through gene therapy. Established by prominent life sciences investors, Arctic Vision is led by a team of experienced professionals from the ophthalmic industry, bringing extensive expertise in research, development, and commercialization of eye care products. The company aims to deliver effective solutions not only in China but also across Asia and globally.

Xmov

Series A in 2019
Xmov is an AI company focusing on computer vision and computer graphics.

Horizon Robotics

Series B in 2019
Horizon Robotics, founded in 2015 and headquartered in Beijing, China, specializes in developing advanced chips for robotics and artificial intelligence applications. The company focuses on providing integrated, open embedded AI solutions that are designed to be high-performance, low-power, and cost-effective. Horizon Robotics aims to enable a wide range of devices, including autonomous vehicles, to operate with enhanced intelligence, facilitating capabilities such as perception, understanding, and decision-making to improve safety and convenience. The company's co-founding team possesses expertise in algorithms, software, hardware, and chip development, supported by a robust research and development team with significant industry experience. Horizon Robotics has garnered considerable investment from prominent venture capital firms and notable investors, positioning itself as a leading player in the global AI startup landscape.

Shukun

Series B in 2019
Shukun (Beijing) Network Technology Co., Ltd. operates as an artificial intelligence based medical technology company. It offers CareSphere Advisor that includes CoronaryDoc, a coronary heart disease intelligent auxiliary diagnosis system; FFRDoc, an intelligent blood flow reserve fraction CT-FFR measurement system; CACScoreDoc for calculating calcification points; and AortaDoc, an aortic intelligent diagnosis system. The company was founded in 2017 and is based in Beijing, China with a branch in Shanghai.

Xmov

Seed Round in 2018
Xmov is an AI company focusing on computer vision and computer graphics.

Shukun

Series A in 2018
Shukun (Beijing) Network Technology Co., Ltd. operates as an artificial intelligence based medical technology company. It offers CareSphere Advisor that includes CoronaryDoc, a coronary heart disease intelligent auxiliary diagnosis system; FFRDoc, an intelligent blood flow reserve fraction CT-FFR measurement system; CACScoreDoc for calculating calcification points; and AortaDoc, an aortic intelligent diagnosis system. The company was founded in 2017 and is based in Beijing, China with a branch in Shanghai.

SenseTime

Series C in 2018
SenseTime is an artificial intelligence company based in Beijing, China, founded in 2014. It specializes in computer vision and deep learning technologies, offering a range of solutions including face and body analysis, image recognition, and video comprehension. The company develops advanced applications for various sectors, such as smart cities, intelligent automobiles, healthcare, finance, and education. Notably, SenseTime's face recognition technology is widely adopted, serving over 300 companies, including major players like China Mobile and Huawei, with an impressive accuracy rate of one error in 100,000. Additionally, SenseTime is engaged in research and development of AI technologies and provides AI software and hardware products across different industries. Its operations extend beyond China to offices in Japan and Singapore, reflecting its commitment to harnessing AI for diverse applications globally.

Kuaishou

Series E in 2018
Beijing Kuaishou Technology Ltd. develops Kuaishou, an online video and photo sharing application launched in 2011. As one of the leading short video social platforms globally, Kuaishou has over 200 million daily active users and features 15 million user-generated content pieces uploaded daily. The platform aims to enhance individual happiness through the use of big data and artificial intelligence and is designed to showcase the diverse and often overlooked communities of China. Kuaishou enables users to share short videos, photos, and livestreams, fostering connections among people from various backgrounds. This approach allows ordinary citizens to engage with a global audience, offering a glimpse into their lives. The international counterpart, Kwai, mirrors Kuaishou's features while incorporating localized functions for users outside of China. With an extensive archive of 10 billion original short videos and 350 million daily likes, Kuaishou continues its mission to document human experiences and empower individuals worldwide.

Horizon Robotics

Series A in 2017
Horizon Robotics, founded in 2015 and headquartered in Beijing, China, specializes in developing advanced chips for robotics and artificial intelligence applications. The company focuses on providing integrated, open embedded AI solutions that are designed to be high-performance, low-power, and cost-effective. Horizon Robotics aims to enable a wide range of devices, including autonomous vehicles, to operate with enhanced intelligence, facilitating capabilities such as perception, understanding, and decision-making to improve safety and convenience. The company's co-founding team possesses expertise in algorithms, software, hardware, and chip development, supported by a robust research and development team with significant industry experience. Horizon Robotics has garnered considerable investment from prominent venture capital firms and notable investors, positioning itself as a leading player in the global AI startup landscape.

SenseTime

Series B in 2017
SenseTime is an artificial intelligence company based in Beijing, China, founded in 2014. It specializes in computer vision and deep learning technologies, offering a range of solutions including face and body analysis, image recognition, and video comprehension. The company develops advanced applications for various sectors, such as smart cities, intelligent automobiles, healthcare, finance, and education. Notably, SenseTime's face recognition technology is widely adopted, serving over 300 companies, including major players like China Mobile and Huawei, with an impressive accuracy rate of one error in 100,000. Additionally, SenseTime is engaged in research and development of AI technologies and provides AI software and hardware products across different industries. Its operations extend beyond China to offices in Japan and Singapore, reflecting its commitment to harnessing AI for diverse applications globally.

Kuaishou

Series D in 2017
Beijing Kuaishou Technology Ltd. develops Kuaishou, an online video and photo sharing application launched in 2011. As one of the leading short video social platforms globally, Kuaishou has over 200 million daily active users and features 15 million user-generated content pieces uploaded daily. The platform aims to enhance individual happiness through the use of big data and artificial intelligence and is designed to showcase the diverse and often overlooked communities of China. Kuaishou enables users to share short videos, photos, and livestreams, fostering connections among people from various backgrounds. This approach allows ordinary citizens to engage with a global audience, offering a glimpse into their lives. The international counterpart, Kwai, mirrors Kuaishou's features while incorporating localized functions for users outside of China. With an extensive archive of 10 billion original short videos and 350 million daily likes, Kuaishou continues its mission to document human experiences and empower individuals worldwide.

IrisVR

Series A in 2016
IrisVR, Inc. is a company that specializes in developing virtual reality software applications tailored for the architecture, engineering, and construction industries. Founded in 2014 and based in New York, IrisVR offers two primary products: Prospect and Scope. Prospect is a desktop application that converts 3D models into immersive VR experiences, compatible with devices such as HTC Vive and Oculus Rift. Scope, on the other hand, is a mobile solution designed for viewing 360° panoramas and allows users to interact with VR content using devices like Samsung GearVR and Google Daydream. The software integrates seamlessly with popular 3D modeling tools, enabling design and construction teams to collaborate effectively and make informed decisions by visualizing projects in a realistic, immersive environment. By providing these innovative solutions, IrisVR enhances the design review process and supports the implementation of complex construction workflows.

Horizon Robotics

Seed Round in 2015
Horizon Robotics, founded in 2015 and headquartered in Beijing, China, specializes in developing advanced chips for robotics and artificial intelligence applications. The company focuses on providing integrated, open embedded AI solutions that are designed to be high-performance, low-power, and cost-effective. Horizon Robotics aims to enable a wide range of devices, including autonomous vehicles, to operate with enhanced intelligence, facilitating capabilities such as perception, understanding, and decision-making to improve safety and convenience. The company's co-founding team possesses expertise in algorithms, software, hardware, and chip development, supported by a robust research and development team with significant industry experience. Horizon Robotics has garnered considerable investment from prominent venture capital firms and notable investors, positioning itself as a leading player in the global AI startup landscape.

IrisVR

Seed Round in 2015
IrisVR, Inc. is a company that specializes in developing virtual reality software applications tailored for the architecture, engineering, and construction industries. Founded in 2014 and based in New York, IrisVR offers two primary products: Prospect and Scope. Prospect is a desktop application that converts 3D models into immersive VR experiences, compatible with devices such as HTC Vive and Oculus Rift. Scope, on the other hand, is a mobile solution designed for viewing 360° panoramas and allows users to interact with VR content using devices like Samsung GearVR and Google Daydream. The software integrates seamlessly with popular 3D modeling tools, enabling design and construction teams to collaborate effectively and make informed decisions by visualizing projects in a realistic, immersive environment. By providing these innovative solutions, IrisVR enhances the design review process and supports the implementation of complex construction workflows.

Kuaishou

Series C in 2015
Beijing Kuaishou Technology Ltd. develops Kuaishou, an online video and photo sharing application launched in 2011. As one of the leading short video social platforms globally, Kuaishou has over 200 million daily active users and features 15 million user-generated content pieces uploaded daily. The platform aims to enhance individual happiness through the use of big data and artificial intelligence and is designed to showcase the diverse and often overlooked communities of China. Kuaishou enables users to share short videos, photos, and livestreams, fostering connections among people from various backgrounds. This approach allows ordinary citizens to engage with a global audience, offering a glimpse into their lives. The international counterpart, Kwai, mirrors Kuaishou's features while incorporating localized functions for users outside of China. With an extensive archive of 10 billion original short videos and 350 million daily likes, Kuaishou continues its mission to document human experiences and empower individuals worldwide.

Kuaishou

Series B in 2014
Beijing Kuaishou Technology Ltd. develops Kuaishou, an online video and photo sharing application launched in 2011. As one of the leading short video social platforms globally, Kuaishou has over 200 million daily active users and features 15 million user-generated content pieces uploaded daily. The platform aims to enhance individual happiness through the use of big data and artificial intelligence and is designed to showcase the diverse and often overlooked communities of China. Kuaishou enables users to share short videos, photos, and livestreams, fostering connections among people from various backgrounds. This approach allows ordinary citizens to engage with a global audience, offering a glimpse into their lives. The international counterpart, Kwai, mirrors Kuaishou's features while incorporating localized functions for users outside of China. With an extensive archive of 10 billion original short videos and 350 million daily likes, Kuaishou continues its mission to document human experiences and empower individuals worldwide.

Envisia Therapeutics

Series A in 2013
Envisia Therapeutics Inc. is a biotechnology company dedicated to discovering and developing innovative therapies for ocular conditions. Founded in 2013 and based in Durham, North Carolina, the company addresses significant unmet medical needs in ophthalmology, particularly for conditions like glaucoma. Envisia's lead product, ENV515, is a prostaglandin analogue formulated with a biodegradable PRINT particle technology, designed to provide sustained intraocular pressure reduction over several months. The company's research and development efforts focus on overcoming barriers associated with traditional ocular therapies, such as poor drug uptake and systemic side effects, by utilizing biocompatible polymers and extended-release delivery systems. With an increasing demand for effective ocular therapeutics due to a rapidly aging population, Envisia aims to significantly improve patient outcomes and adherence to treatment protocols in the field of eye care.

Kuaishou

Series A in 2013
Beijing Kuaishou Technology Ltd. develops Kuaishou, an online video and photo sharing application launched in 2011. As one of the leading short video social platforms globally, Kuaishou has over 200 million daily active users and features 15 million user-generated content pieces uploaded daily. The platform aims to enhance individual happiness through the use of big data and artificial intelligence and is designed to showcase the diverse and often overlooked communities of China. Kuaishou enables users to share short videos, photos, and livestreams, fostering connections among people from various backgrounds. This approach allows ordinary citizens to engage with a global audience, offering a glimpse into their lives. The international counterpart, Kwai, mirrors Kuaishou's features while incorporating localized functions for users outside of China. With an extensive archive of 10 billion original short videos and 350 million daily likes, Kuaishou continues its mission to document human experiences and empower individuals worldwide.

Kuaishou

Seed Round in 2012
Beijing Kuaishou Technology Ltd. develops Kuaishou, an online video and photo sharing application launched in 2011. As one of the leading short video social platforms globally, Kuaishou has over 200 million daily active users and features 15 million user-generated content pieces uploaded daily. The platform aims to enhance individual happiness through the use of big data and artificial intelligence and is designed to showcase the diverse and often overlooked communities of China. Kuaishou enables users to share short videos, photos, and livestreams, fostering connections among people from various backgrounds. This approach allows ordinary citizens to engage with a global audience, offering a glimpse into their lives. The international counterpart, Kwai, mirrors Kuaishou's features while incorporating localized functions for users outside of China. With an extensive archive of 10 billion original short videos and 350 million daily likes, Kuaishou continues its mission to document human experiences and empower individuals worldwide.

YI Technology

Seed Round in 2011
YI Technology, the leading international provider of advanced, intelligent imaging technologies, has announced the launch of the industry’s first and only action camera that provides 4K60 video recording with the longest ever recording time.

ViOptix

Series D in 2008
ViOptix, Inc. specializes in tissue oximetry technology that measures local tissue oxygen saturation. The company offers the T.Ox Tissue Oximeter, a portable unit featuring a color LCD touchscreen, which can operate with one or two channels and supports up to two fiber optic sensors. Its product line also includes Wi-Fi enabled T.Ox Remote Monitoring devices for wireless data transmission, one-time use T.Ox Small Patch sensors for continuous StO2 monitoring, and T.Ox Silicone Surround sensors for monitoring new flap applications. ViOptix's technology has applications across various fields, including plastic surgery, intraoperative and postoperative monitoring, wound healing assessment, detection of peripheral vascular disease, and critical care. Founded in 1999 and headquartered in Fremont, California, the company was previously known as Photonify Technologies, Inc. before rebranding in 2003. Its first product, the ODISsey System, received FDA clearance in 2005 for measuring localized tissue oxygenation in critical care settings.

ViOptix

Series C in 2004
ViOptix, Inc. specializes in tissue oximetry technology that measures local tissue oxygen saturation. The company offers the T.Ox Tissue Oximeter, a portable unit featuring a color LCD touchscreen, which can operate with one or two channels and supports up to two fiber optic sensors. Its product line also includes Wi-Fi enabled T.Ox Remote Monitoring devices for wireless data transmission, one-time use T.Ox Small Patch sensors for continuous StO2 monitoring, and T.Ox Silicone Surround sensors for monitoring new flap applications. ViOptix's technology has applications across various fields, including plastic surgery, intraoperative and postoperative monitoring, wound healing assessment, detection of peripheral vascular disease, and critical care. Founded in 1999 and headquartered in Fremont, California, the company was previously known as Photonify Technologies, Inc. before rebranding in 2003. Its first product, the ODISsey System, received FDA clearance in 2005 for measuring localized tissue oxygenation in critical care settings.
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