YF Capital

YF Capital, established in January 2010, is a private equity firm in China founded by successful entrepreneurs and industry leaders. Their focus goes beyond financial investment, aiming to share entrepreneurial experiences with companies to enhance their development and brand strategies. YF Capital particularly supports young entrepreneurs, nurturing them to become future industry leaders. The firm is named after the Chinese first names of Jack Ma, Chairman of Alibaba, and David Yu, Founder of Target Media. Headquartered in Shanghai, YF Capital has branch offices in Hong Kong, Beijing, Hangzhou, and other mainland cities, collaborating with a group of co-founders from various successful enterprises to drive the growth of world-class businesses.

Jack Ma

Founder

Li Na

Manager

Xia Xiaoyan

Partner

David Yu

Founder and Chairman

Past deals in Beijing

Xreal

Venture Round in 2024
Founded in 2017, Xreal is a pioneering developer of ready-to-wear mixed reality glasses. Its flagship product, Nreal Light, offers lightweight comfort and vivid display, enhanced by spatial computing algorithms for an immersive user experience. The company's mission is to make mixed reality accessible to all, empowering developers to create innovative applications across entertainment and productivity.

Sironax

Series B in 2022
Sironax is a clinical‑stage biotechnology company that develops therapies for age‑related degenerative diseases. The company focuses on mechanisms such as regulated cell death, neuroprotective pathways, and neuroinflammation, aiming to shift the treatment paradigm for these conditions. Its research includes apoptosis and other cell‑death pathways to create advanced pharmaceuticals for inflammatory and neurodegenerative diseases. Founded in 2017, Sironax is headquartered in Beijing, China.

RoboSense

Venture Round in 2022
Founded in 2014 by PhDs from Harbin Institute of Technology, RoboSense specializes in LiDAR sensor systems for autonomous vehicles and robotics. Headquartered in Shenzhen with R&D centers in Beijing and Silicon Valley, the company offers premium LiDAR hardware integrated with advanced algorithms and deep learning technology. With over 200 employees, including a significant percentage of postgraduates and PhDs, RoboSense focuses on environment perception solutions for robots to 'see' their surroundings effectively.

Xreal

Series C in 2021
Founded in 2017, Xreal is a pioneering developer of ready-to-wear mixed reality glasses. Its flagship product, Nreal Light, offers lightweight comfort and vivid display, enhanced by spatial computing algorithms for an immersive user experience. The company's mission is to make mixed reality accessible to all, empowering developers to create innovative applications across entertainment and productivity.

Beijing Health Guard Biotechnology

Private Equity Round in 2021
Beijing Health Guard Biotechnology is a research and development firm based in Beijing, China, founded in 2008. The company focuses on the development of recombinant protein drugs and vaccines for the biotech industry. Its primary emphasis is on the research and industrialization of recombinant protein vaccines, particularly human papillomavirus (HPV) vaccines. Beijing Health Guard Biotechnology is advancing several innovative candidate vaccines targeting various infectious diseases, with its core pipeline featuring both trivalent and nonavalent HPV vaccines. The company employs a structure-guided design approach in its biopharmaceutical research and development efforts.

Yikon Genomics

Series D in 2021
Yikon Genomics Co., Ltd. is a Beijing-based company specializing in the development and supply of genetic analytical products and services focused on single-cell sequencing. Established in 2012, Yikon utilizes patented MALBAC technology to offer a range of solutions aimed at improving reproductive health and cancer diagnostics, including liquid tumor biopsy. Its product line features the MALBAC single cell whole genome amplification kit, along with companion kits designed for various applications such as copy number variation and single nucleotide variant analysis. The company also provides services such as single-cell DNA genome sequencing and whole human genome re-sequencing. Yikon's innovation has been significant in the fields of prenatal and postnatal care as well as early tumor detection, empowering healthcare professionals with accurate and efficient diagnostic tools.

Flexiv

Series B in 2020
Flexiv develops adaptive robots integrating force control, computer vision, and AI technologies. Its flagship product, RIZON, is used in industries like automotive electronics, new energy, and aerospace for tasks such as curved-surface processing and assembly. Founded in 2016, Flexiv has offices in China and the US.

Kuaishou Technology

Series F in 2019
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

NetEase Cloud Music

Series B in 2019
NetEase Cloud Music, established in 2013 and based in Hangzhou, China, specializes in online music streaming services through its mobile application. The platform enables users to access a wide variety of music and offers additional features, such as music discovery and social networking capabilities. As a subsidiary of NetEase, Inc., NetEase Cloud Music has grown to become a significant player in the Chinese music streaming market, catering to the evolving preferences of its audience while developing applications for smartphones to enhance user experience.

Trusfort

Series C in 2019
Trusfort is a leading independent provider of business security services based in China. Founded in 2015, the company specializes in creating information security solutions using artificial intelligence and other multi-dimensional technologies such as identity authentication. Trusfort offers a comprehensive lifecycle business security protection solution tailored to various scenarios, helping customers build safe, intelligent, and trustworthy business systems. Their product lines include Multi-Factor Authentication, Identity Access Management, Online Fraud Detection, and Zero Trust Security. With nearly hundreds of invention patents, Trusfort has served dozens of industries, including government, finance, and internet sectors, protecting over 200 million devices and securing financial transactions worth RMB 2 trillion. The company's innovative capabilities have earned it numerous awards and recognitions, and it operates across China and Southeast Asia with multiple offices and research centers.

Zmeng Network Technology (ZMT)

Series C in 2018
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Brii Biosciences

Venture Round in 2018
Founded in 2018, Brii Biosciences is a biotechnology company dedicated to researching, developing, and commercializing medicines for chronic illnesses, with a primary focus on infectious diseases. Headquartered in Durham, North Carolina, the company operates additional offices in Shanghai and Beijing, China; and San Francisco, California.

Chehaoduo

Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Trusfort

Series B in 2018
Trusfort is a leading independent provider of business security services based in China. Founded in 2015, the company specializes in creating information security solutions using artificial intelligence and other multi-dimensional technologies such as identity authentication. Trusfort offers a comprehensive lifecycle business security protection solution tailored to various scenarios, helping customers build safe, intelligent, and trustworthy business systems. Their product lines include Multi-Factor Authentication, Identity Access Management, Online Fraud Detection, and Zero Trust Security. With nearly hundreds of invention patents, Trusfort has served dozens of industries, including government, finance, and internet sectors, protecting over 200 million devices and securing financial transactions worth RMB 2 trillion. The company's innovative capabilities have earned it numerous awards and recognitions, and it operates across China and Southeast Asia with multiple offices and research centers.

Mogoroom

Series C in 2018
Mogoroom currently operates in Shanghai and Beijing, providing standardized rental apartments to young professionals seeking more convenient living environment services.

Jinying Technology

Series B in 2017
Beijing Jinying Technology operates Du Yao, a book and movie review mobile application, and Huoxing Xiaoshuo. The company was founded in 2015 and is based in Beijing, China.

Zmeng Network Technology (ZMT)

Series B in 2017
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Davost Intelligence Group

Private Equity Round in 2017
Davost Intelligence Group is a leading provider of comprehensive intelligence services for the tourism industry in China, headquartered in Beijing. The company encompasses several entities, including the Beijing Davost Academy of Tourism Planning & Design, which holds a Grade A Qualification in tourism planning, and Beijing Gage Tourism Investment & Management Co., Ltd. Alongside these, Beijing Sunview Information Technology Co., Ltd. operates as a high-tech enterprise. Davost Intelligence Group specializes in a wide array of services, including overall planning, detailed project planning, and business management, which cater to the diverse needs of its clients. The organization is recognized for its innovative approach and has achieved significant success in tourism planning competitions. Additionally, it offers advanced tools such as a customer service smart application and a digital business management system, enhancing operational efficiency and support for travelers.

Jinying Technology

Series A in 2016
Beijing Jinying Technology operates Du Yao, a book and movie review mobile application, and Huoxing Xiaoshuo. The company was founded in 2015 and is based in Beijing, China.

Xiaomi

Series E in 2014
Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

Momenta

Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.

Momenta

Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.
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