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 GovTech

Treelab

Series A in 2021
Treelab is a Shanghai-based company founded in 2019 that develops a productivity tool designed to empower non-technical users to create customized software solutions without the need for programming expertise. The platform enables individuals and organizations to design and implement various business systems, including project management, sales CRM, form collection, and human resource management. Treelab's software-as-a-service (SaaS) platform offers features such as customer relationship management, competitive analysis, sales pipelining, and project planning. It allows clients to visualize records, compile data, and collaborate in real-time, making it easier for teams to share documents and streamline their processes.

Graphics Origin

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

Ailurus Biotechnology

Angel Round in 2021
Developer of biocomputing technology. The company develops synthetic biology platform to improve the efficiency of biotech R&D, making biological product development as simple and efficient as software development.

PhiGent Robotics

Seed Round in 2021
PhiGent Robotics offers autonomous driving solutions.

Nenly

Funding Round in 2021
Developer of cloud gaming technologies intended to improve entertainment experiences. The company provides cloud gaming services and solutions , dedicating to using advanced cloud tech to enhance gamers' experience across platforms.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

DEEPEXI

Series A in 2020
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

Treelab

Seed Round in 2020
Treelab is a Shanghai-based company founded in 2019 that develops a productivity tool designed to empower non-technical users to create customized software solutions without the need for programming expertise. The platform enables individuals and organizations to design and implement various business systems, including project management, sales CRM, form collection, and human resource management. Treelab's software-as-a-service (SaaS) platform offers features such as customer relationship management, competitive analysis, sales pipelining, and project planning. It allows clients to visualize records, compile data, and collaborate in real-time, making it easier for teams to share documents and streamline their processes.

TaiMei Technology

Series E in 2019
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

DEEPEXI

Series A in 2019
Beijing Dip Technology Co., Ltd. (hereinafter referred to as “Drip Technology”) is a leader and builder of digital transformation of enterprises, providing enterprise-level business consulting, solutions, products and technology research and development based on leading Internet architecture. The company was incorporated in May 2018 with a registered capital of 20 million. At present, the company has 160 employees and its headquarters is located in Beijing. It has branches in major cities including Guangzhou, Shenzhen, Nanjing and Chengdu. The R&D team is over 80%, mainly in Guangzhou, Nanjing and Chengdu. People, masters dozens of people, have the top domestic AI team and open source team to join.

Jitjatjo

Series A in 2019
Creating opportunities through technology is what we do; it’s not who we are. We exist because we want to help people reach their potential, our talent to feel valued, and our business partners to thrive. We believe everyone, especially now, needs a champion, needs to be seen, needs to feel heard, and needs to be believed in. It’s time to embrace change, transform the way we work, and intentionally create a future with opportunity in abundance. In 2015, we set out to design and develop a platform that would transform the way people worked, maximize productivity, empower lifestyle choices, and encourage human betterment. We knew it would be essential to consistently demonstrate our integrity to build trust. Choosing to lead by example, we first launched our labor marketplace to help people reach their potential and enable businesses to access talent on demand. In turn, the marketplace fuels our Empathic Intelligence, ultimately driving labor model transformation.

Hang

Series C in 2018
Agora, Inc. is a provider of Real-Time Engagement Platform-as-a-Service (RTE-PaaS) that enables developers to incorporate real-time video, voice, and messaging capabilities into their applications. Founded in 2013 and headquartered in Shanghai, the company offers a range of enterprise-grade products, including features for live interactive video and audio streaming, real-time messaging, and recording. Agora's solutions cater to various sectors such as social media, education, entertainment, gaming, healthcare, and financial services. The company operates a Software-Defined Real-Time Network, enhancing the delivery of its services across the globe. Additionally, Agora Lab, founded in 2014 and based in Palo Alto, California, focuses on developing real-time communication solutions, particularly in gaming and social networking. The Agora platform is recognized for its reliability and scalability, making it a widely adopted choice for organizations seeking efficient communication solutions.

Hang

Series B in 2018
Agora, Inc. is a provider of Real-Time Engagement Platform-as-a-Service (RTE-PaaS) that enables developers to incorporate real-time video, voice, and messaging capabilities into their applications. Founded in 2013 and headquartered in Shanghai, the company offers a range of enterprise-grade products, including features for live interactive video and audio streaming, real-time messaging, and recording. Agora's solutions cater to various sectors such as social media, education, entertainment, gaming, healthcare, and financial services. The company operates a Software-Defined Real-Time Network, enhancing the delivery of its services across the globe. Additionally, Agora Lab, founded in 2014 and based in Palo Alto, California, focuses on developing real-time communication solutions, particularly in gaming and social networking. The Agora platform is recognized for its reliability and scalability, making it a widely adopted choice for organizations seeking efficient communication solutions.

TaiMei Technology

Series D in 2018
Taimei Technology specializes in developing cloud-based software solutions for clinical research and pharmacovigilance, aimed at enhancing efficiency in the biopharmaceutical industry. Founded in 2013 and headquartered in Jiaxing, China, the company offers a wide array of integrated solutions, including electronic data collection, drug randomization, electronic patient-reported outcomes, and medical imaging systems. Its platform supports collaboration among sponsors, clinical sites, contract research organizations (CROs), patients, and regulatory bodies, facilitating comprehensive clinical trial management and drug monitoring. Taimei Technology also provides additional services such as training, consulting, and outsourcing, catering to the needs of pharmaceutical companies and clinical research organizations. With offices in Shanghai and Beijing, Taimei Technology is dedicated to advancing the clinical research landscape through innovative technology.

Jitjatjo

Seed Round in 2017
Creating opportunities through technology is what we do; it’s not who we are. We exist because we want to help people reach their potential, our talent to feel valued, and our business partners to thrive. We believe everyone, especially now, needs a champion, needs to be seen, needs to feel heard, and needs to be believed in. It’s time to embrace change, transform the way we work, and intentionally create a future with opportunity in abundance. In 2015, we set out to design and develop a platform that would transform the way people worked, maximize productivity, empower lifestyle choices, and encourage human betterment. We knew it would be essential to consistently demonstrate our integrity to build trust. Choosing to lead by example, we first launched our labor marketplace to help people reach their potential and enable businesses to access talent on demand. In turn, the marketplace fuels our Empathic Intelligence, ultimately driving labor model transformation.

BIGO

Series C in 2017
BIGO Technology Pte. Ltd. is a rapidly expanding mobile Internet company based in Singapore, founded in 2014. It specializes in video broadcasting and VoIP-related products, leveraging advanced Artificial Intelligence technology to enhance user experience. The company offers a diverse range of applications, including Bigo Live for live streaming, Likee for short-form videos, and imo for messaging and voice calls. With a presence in over 150 countries and more than 400 million monthly active users, BIGO aims to foster connections among individuals by providing innovative platforms for self-expression and social interaction. The company operates more than 30 offices and six R&D centers globally, reinforcing its commitment to technology-driven growth and user engagement.

BIGO

Series C in 2017
BIGO Technology Pte. Ltd. is a rapidly expanding mobile Internet company based in Singapore, founded in 2014. It specializes in video broadcasting and VoIP-related products, leveraging advanced Artificial Intelligence technology to enhance user experience. The company offers a diverse range of applications, including Bigo Live for live streaming, Likee for short-form videos, and imo for messaging and voice calls. With a presence in over 150 countries and more than 400 million monthly active users, BIGO aims to foster connections among individuals by providing innovative platforms for self-expression and social interaction. The company operates more than 30 offices and six R&D centers globally, reinforcing its commitment to technology-driven growth and user engagement.

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.

Tower

Series A in 2016
Tower is an Internet company that focuses on user experience research and specializes in Internet product design and development.

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.

910App

Series A in 2016
910App provides news and updates for game enthusiasts.

910App

Angel Round in 2016
910App provides news and updates for game enthusiasts.

Hang

Series B in 2015
Agora, Inc. is a provider of Real-Time Engagement Platform-as-a-Service (RTE-PaaS) that enables developers to incorporate real-time video, voice, and messaging capabilities into their applications. Founded in 2013 and headquartered in Shanghai, the company offers a range of enterprise-grade products, including features for live interactive video and audio streaming, real-time messaging, and recording. Agora's solutions cater to various sectors such as social media, education, entertainment, gaming, healthcare, and financial services. The company operates a Software-Defined Real-Time Network, enhancing the delivery of its services across the globe. Additionally, Agora Lab, founded in 2014 and based in Palo Alto, California, focuses on developing real-time communication solutions, particularly in gaming and social networking. The Agora platform is recognized for its reliability and scalability, making it a widely adopted choice for organizations seeking efficient communication solutions.

Hang

Series B in 2015
Agora, Inc. is a provider of Real-Time Engagement Platform-as-a-Service (RTE-PaaS) that enables developers to incorporate real-time video, voice, and messaging capabilities into their applications. Founded in 2013 and headquartered in Shanghai, the company offers a range of enterprise-grade products, including features for live interactive video and audio streaming, real-time messaging, and recording. Agora's solutions cater to various sectors such as social media, education, entertainment, gaming, healthcare, and financial services. The company operates a Software-Defined Real-Time Network, enhancing the delivery of its services across the globe. Additionally, Agora Lab, founded in 2014 and based in Palo Alto, California, focuses on developing real-time communication solutions, particularly in gaming and social networking. The Agora platform is recognized for its reliability and scalability, making it a widely adopted choice for organizations seeking efficient communication solutions.

BIGO

Series B in 2015
BIGO Technology Pte. Ltd. is a rapidly expanding mobile Internet company based in Singapore, founded in 2014. It specializes in video broadcasting and VoIP-related products, leveraging advanced Artificial Intelligence technology to enhance user experience. The company offers a diverse range of applications, including Bigo Live for live streaming, Likee for short-form videos, and imo for messaging and voice calls. With a presence in over 150 countries and more than 400 million monthly active users, BIGO aims to foster connections among individuals by providing innovative platforms for self-expression and social interaction. The company operates more than 30 offices and six R&D centers globally, reinforcing its commitment to technology-driven growth and user engagement.

Hang

Series A in 2013
Agora, Inc. is a provider of Real-Time Engagement Platform-as-a-Service (RTE-PaaS) that enables developers to incorporate real-time video, voice, and messaging capabilities into their applications. Founded in 2013 and headquartered in Shanghai, the company offers a range of enterprise-grade products, including features for live interactive video and audio streaming, real-time messaging, and recording. Agora's solutions cater to various sectors such as social media, education, entertainment, gaming, healthcare, and financial services. The company operates a Software-Defined Real-Time Network, enhancing the delivery of its services across the globe. Additionally, Agora Lab, founded in 2014 and based in Palo Alto, California, focuses on developing real-time communication solutions, particularly in gaming and social networking. The Agora platform is recognized for its reliability and scalability, making it a widely adopted choice for organizations seeking efficient communication solutions.

Gorilla Technology

Series B in 2009
Gorilla Technology Group, Inc. offers a platform that combines video analytics and IoT technology to deliver business intelligence insights for improving performance in sales, operations and understanding of customer needs. Its current clients include Shanghai Media Group. Gorilla Technology Group, Inc. was founded in 2001 and is based in Taipei, Taiwan.

360Guanxi

Venture Round in 2009
360Guanxi (formerly eChinaChem) is an integrated media company for the Chinese chemical, pharmaceutical and life science industries.

Gorilla Technology

Series A in 2007
Gorilla Technology Group, Inc. offers a platform that combines video analytics and IoT technology to deliver business intelligence insights for improving performance in sales, operations and understanding of customer needs. Its current clients include Shanghai Media Group. Gorilla Technology Group, Inc. was founded in 2001 and is based in Taipei, Taiwan.
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