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 Smart Home

SpeedFox

Series A in 2022
Developer of smart cleaning appliances. The company develops a smart cleaning appliance that integrates vacuuming, sweeping, mopping functions into one device, enabling users to clean hard floors such as wood floor and tile floor efficiently in home scenarios.

Casana

Series B in 2022
Casana is a healthcare technology company focused on heart health monitoring. It has developed the Heart Seat, an innovative product that integrates a toilet seat with a cardiovascular monitoring system. This device allows patients to conveniently track essential heart health metrics such as heart rate, blood pressure, cardiac output, ECG, and blood oxygenation from the comfort of their homes. The Heart Seat operates on a cloud-connected platform, enabling seamless data capture and analysis. Founded in 2018 and based in Rochester, New York, Casana aims to enhance heart health monitoring by providing a user-friendly solution that minimizes the need for active patient engagement.

Huckleberry Labs

Series A in 2021
Huckleberry Labs is focused on enhancing children's sleep by making behavioral expertise accessible and affordable for families. The company has developed an evidence-based program that combines artificial intelligence with human expertise. Their mobile application tracks a child's sleep patterns over a week, providing insights into their sleep conditions. Based on this data, the app offers a straightforward program for parents to help improve their children's sleep habits. Through this innovative approach, Huckleberry Labs aims to support families in addressing sleep challenges effectively.

HOMEE

Series B in 2021
HOMEE, Inc. is a mobile application company based in Tampa, Florida, that connects homeowners, renters, and property managers with various service providers for home maintenance and improvement needs. Founded in 2016, the platform allows users to easily find and hire local professionals, including handymen, plumbers, electricians, and HVAC specialists, through a GPS-driven interface. The technology streamlines the process of accessing essential services and aims to enhance the overall experience for users by facilitating quick and efficient home service transactions.

Sensors Data

Series C in 2020
Sensors was founded in 2015 by Sang Wenfeng, former technology manager at Baidu Inc's big data department. It currently provides big data analysis services for over 300 companies, including bike sharing company ofo, Chinese workout mobile app Keep, and video sharing and live streaming app Miaopai.

Xiaozhu.com

Series F in 2018
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Sensors Data

Series C in 2018
Sensors was founded in 2015 by Sang Wenfeng, former technology manager at Baidu Inc's big data department. It currently provides big data analysis services for over 300 companies, including bike sharing company ofo, Chinese workout mobile app Keep, and video sharing and live streaming app Miaopai.

HaoHaoZhu

Series B in 2018
HaoHaoZhu operates an online platform and mobile application focused on home improvement and interior design. Founded in 2015 and based in Beijing, China, the platform enables users to find decoration solutions tailored to their homes while connecting them with sellers. It fosters a community for social and information sharing, allowing users to exchange ideas and share images related to home design. Additionally, HaoHaoZhu curates comprehensive interior design solutions from professional designers, offering innovative home design plans aimed at new homeowners.

Xiaozhu.com

Series E in 2017
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Desora

Series A in 2017
Desora, Inc. is a startup based in Cambridge, Massachusetts, founded by Harvard graduates and faculty in 2016. The company specializes in designing and manufacturing smart cooking appliances, primarily focusing on innovative grilling technology. Its flagship product is a smart barbecue device that can be controlled via a mobile application, allowing users to easily start, stop, and monitor the cooking process. This appliance features a unique design that creates cyclonic smoke spirals to ensure even cooking and eliminate hot spots, making it accessible for novice cooks to achieve exceptional barbecue results. Desora's commitment to combining rigorous science with culinary arts aims to enhance the cooking experience and promote enjoyment in home cooking. The company values diversity and welcomes applications from individuals of all backgrounds.

Xiaozhu.com

Series D in 2016
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Ignition Design Labs

Series A in 2016
Ignition Design Labs is a team of experienced wireless networking engineers focused on developing innovative technologies for next-generation WiFi solutions. Their flagship product, Portal, is a smart-learning router specifically designed to meet the needs of urban users in challenging environments. Utilizing patented technologies, Portal can access specialized fast channels that are typically unavailable to standard consumer routers, enhancing speed and reliability. The company's smart WiFi routers encompass various components, including network interface devices, hubs, and adapters, which collectively ensure smooth streaming, secure online transactions, and lag-free gaming across multiple platforms. Through these advancements, Ignition Design Labs aims to improve the overall wireless experience for its customers.

Smartmi

Series B in 2016
Smartmi, established in 2014, is focused on designing and manufacturing smart home appliances. They are constantly improving product design and pushing forward technological innovation to interconnect smart appliances, and let users experience the beauty of living in a comfortable home environment. Their ability to reach this goal comes from pitting they bold imagination against careful thinking. They consider and test out every design possibility, and work towards creating the ideal product experience. While they pursue perfection, they are also combining products with the democratization of consumer ideals so that everybody can have products that improve their lives. This is the goal they have been chasing from the start.

ShenGong007

Series B in 2016
Shengong007 is a home decoration service platform that specializes in providing home improvement products and services to consumers. The company offers a range of solutions, including home repair, renovation, and furnishing services, delivered by trained professionals. This approach enables consumers to conveniently enhance and transform their living spaces, making home improvements more accessible and efficient.

Shengong Zhongzhi Science & Technology Company

Series B in 2016
Shengong Zhongzhi Science & Technology Company is home furnishing service provider

Smartmi

Series B in 2016
Smartmi, established in 2014, is focused on designing and manufacturing smart home appliances. They are constantly improving product design and pushing forward technological innovation to interconnect smart appliances, and let users experience the beauty of living in a comfortable home environment. Their ability to reach this goal comes from pitting they bold imagination against careful thinking. They consider and test out every design possibility, and work towards creating the ideal product experience. While they pursue perfection, they are also combining products with the democratization of consumer ideals so that everybody can have products that improve their lives. This is the goal they have been chasing from the start.

Edyn

Seed Round in 2016
Edyn Inc. specializes in smart gardening solutions that empower users to monitor and manage their gardens effectively. Founded in 2013 and headquartered in Oakland, California, the company offers a comprehensive smart garden system that includes advanced garden sensors. These sensors track vital environmental factors such as light, humidity, temperature, soil nutrition, and moisture. This data is analyzed in conjunction with plant databases and weather information to deliver tailored gardening guidance through the Edyn app. The app provides users with real-time insights and alerts about their garden's conditions. Additionally, Edyn offers a water valve system that automatically irrigates plants based on their specific needs. The products are available through various retail channels, both in stores and online, catering to gardeners of all experience levels, from novices to small-scale organic farmers.

Shengong Zhongzhi Science & Technology Company

Series A in 2015
Shengong Zhongzhi Science & Technology Company is home furnishing service provider

HaoHaoZhu

Series A in 2015
HaoHaoZhu operates an online platform and mobile application focused on home improvement and interior design. Founded in 2015 and based in Beijing, China, the platform enables users to find decoration solutions tailored to their homes while connecting them with sellers. It fosters a community for social and information sharing, allowing users to exchange ideas and share images related to home design. Additionally, HaoHaoZhu curates comprehensive interior design solutions from professional designers, offering innovative home design plans aimed at new homeowners.

ShenGong007

Series A in 2015
Shengong007 is a home decoration service platform that specializes in providing home improvement products and services to consumers. The company offers a range of solutions, including home repair, renovation, and furnishing services, delivered by trained professionals. This approach enables consumers to conveniently enhance and transform their living spaces, making home improvements more accessible and efficient.

Xiaozhu.com

Series C in 2015
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

VioMi

Series A in 2015
Viomi Technology Co., Ltd. is a Chinese company that specializes in the development and sale of Internet-of-Things (IoT) enabled smart home products. Founded in 2014 and headquartered in Guangzhou, Viomi offers a diverse range of products, including smart water purification systems, kitchen appliances such as refrigerators and dishwashers, and other devices like air conditioners, washing machines, and smart locks. The company has established a unique IoT Home platform that integrates these products into a cohesive ecosystem, enhancing convenience and efficiency for consumers. Viomi sells its products through various channels, including its official website, mobile app, and popular e-commerce platforms like JD.com and Tmall, as well as offline experience stores. Additionally, Viomi has a strategic partnership with Xiaomi Corporation, further expanding its market presence and product offerings.

Smartmi

Series A in 2015
Smartmi, established in 2014, is focused on designing and manufacturing smart home appliances. They are constantly improving product design and pushing forward technological innovation to interconnect smart appliances, and let users experience the beauty of living in a comfortable home environment. Their ability to reach this goal comes from pitting they bold imagination against careful thinking. They consider and test out every design possibility, and work towards creating the ideal product experience. While they pursue perfection, they are also combining products with the democratization of consumer ideals so that everybody can have products that improve their lives. This is the goal they have been chasing from the start.

Xiaomi

Series E in 2014
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.

Twelve Springs

Series A in 2014
Twelve Spring provides professional managed, carefully crafted homes for your next vacation to Anaheim CA. Enjoy the concierge services of a hotel with all the comforts and communal spaces of home.

ShenGong007

Series A in 2014
Shengong007 is a home decoration service platform that specializes in providing home improvement products and services to consumers. The company offers a range of solutions, including home repair, renovation, and furnishing services, delivered by trained professionals. This approach enables consumers to conveniently enhance and transform their living spaces, making home improvements more accessible and efficient.

Xiaozhu.com

Series B in 2014
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Haofangtong

Series A in 2013
Haofangtong (好房通) is a real estate information intermediary service provider in China. Its products include real estate portal website, intermediary enterprise applications, mobile real estate APP, and so on. With the real estate intermediary management software, which is completely different from the ordinary housing intermediary business software integrated marketing system, Haofangtong overcame the existing product limitations in registration information query and some simple management capabilities and shell software.It has built-in city property intermediary data dictionary, staff training, and business contract.

Xiaozhu.com

Venture Round in 2012
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Xiaozhu.com

Series A in 2012
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Xiaomi

Series C in 2012
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.

Xiaomi

Series C in 2012
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.

Xiaomi

Series B in 2011
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.
ONESMART Education Group Ltd. is a high-end and diversified education brand established by graduates of Harvard and Peking Universities, with their business widely developed in China. Holding to the belief that “power learning changes the future”, they are dedicated to improving students' power-learning abilities (including learning motivation, learning abilities and learning perseverance) and creating a dynamic and efficient third classroom. Sub-brands owned by the group include OneSmart Education, Happymath Classes, OneSmart Chinese, OneSmart Camp, Robot Programming and OneSmart English for Kids & Teenagers.

Xiaomi

Series A in 2010
Xiaomi Corporation is an internet company based in Beijing that specializes in the manufacture and distribution of smartphones, consumer electronics, and internet services. Founded in 2010, Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment focuses on selling a range of mobile devices, while the IoT and Lifestyle Products segment includes smart TVs, laptops, AI speakers, and various lifestyle items. The Internet Services segment offers advertising and value-added services, and the Others segment provides hardware repair services. Xiaomi aims to create a comprehensive user experience by integrating user feedback into product design and continuously innovating its offerings. It also engages in wholesale and retail activities, software and hardware development, and operates retail stores and service centers in multiple countries, including India, Russia, and various European nations. The company's commitment to providing high-quality products at competitive prices has fostered a loyal customer base both in China and internationally.
ONESMART Education Group Ltd. is a high-end and diversified education brand established by graduates of Harvard and Peking Universities, with their business widely developed in China. Holding to the belief that “power learning changes the future”, they are dedicated to improving students' power-learning abilities (including learning motivation, learning abilities and learning perseverance) and creating a dynamic and efficient third classroom. Sub-brands owned by the group include OneSmart Education, Happymath Classes, OneSmart Chinese, OneSmart Camp, Robot Programming and OneSmart English for Kids & Teenagers.
ONESMART Education Group Ltd. is a high-end and diversified education brand established by graduates of Harvard and Peking Universities, with their business widely developed in China. Holding to the belief that “power learning changes the future”, they are dedicated to improving students' power-learning abilities (including learning motivation, learning abilities and learning perseverance) and creating a dynamic and efficient third classroom. Sub-brands owned by the group include OneSmart Education, Happymath Classes, OneSmart Chinese, OneSmart Camp, Robot Programming and OneSmart English for Kids & Teenagers.
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