# 5Y Capital: portfolio, investments and team

> 5Y Capital is a vc firm based in China. 126 investments on record, 24 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/5y-capital (Millionrounds; every figure on the page links to its filing or article)

China · [Investor](https://millionrounds.com/investors)

# 5Y Capital

Last cheque observed Oct 2026; 126 cheques on record.

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Deploying now New fund $653M, Jan 2024 VC firm

Pre-seed Seed Series A Women's Immigrant (1st Or 2nd Generation) People Of Color

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Deploying now

**71%** of best year **24** **cheques in 12 months**, 126 on record

Since the last cheque **1** days **00** hrs **00** min **00** sec

Median round **$28M** Cheque size, as they say **$100K – $5.0M** Rounds led **1 of 126** Sole investor **15 rounds** Mostly in **United States, 47%**

Pitch 5Y Capital

## 5Y Capital highlights

- 01 24 cheques in the last 12 months
- 02 Mostly Venture and Series A: 57% of its rounds
- 03 Sole investor in 15 rounds, median $3.0M

## What they do

> 5Y Capital identifies truly scarce entrepreneurs through wide-angle exploration and deep research, uncovering and realizing their distinctive talents. Translated from Chinese, from their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Women's Immigrant (1st Or 2nd Generation) People Of Color
- **Based in:** Xuhui, China
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **126 appearances**

- **2026** 17 rounds
- **Oct** **[Archon Robotics](https://millionrounds.com/company/archon-robotics)** Seed · CN · Google News search **Undisclosed** With 6 others
- **Sept** **[Anew Labs](https://millionrounds.com/company/anew-labs)** CN · TechStartups **$290M** *Led*
- **May** **[LTZ Therapeutics](https://millionrounds.com/company/ltz-therapeutics)** CN · Ventureburn **$38M** With 4 others
- **Apr** **[Syneron Bio](https://millionrounds.com/company/syneron-bio)** Series B · Ventureburn **$150M** With 10 others
- **Apr** **[Aureka Biotechnologies](https://millionrounds.com/company/aureka-biotechnologies)** Series A · US **$35M** With 3 others
- **Apr** **[ReviR Therapeutics](https://millionrounds.com/company/revir-therapeutics)** Venture · US **Undisclosed** With 3 others
- **Mar** **[Dify](https://millionrounds.com/company/dify)** Pre-seed · US · Ventureburn **$30M** With 5 others
- **Mar** **[HT Aero](https://millionrounds.com/company/ht-aero)** Venture **$200M** With 4 others
- **Mar** **[Excalipoint Therapetics](https://millionrounds.com/company/excalipoint-therapetics)** Seed · HK **$28M** With 3 others
- **Mar** **[QL Biopharma](https://millionrounds.com/company/ql-biopharma)** Series C **$73M** With 3 others
- **Mar** **[D-Robotics](https://millionrounds.com/company/d-robotics)** Series B · HK **$120M** With 1 other
- **Mar** **[BOTINKIT](https://millionrounds.com/company/botinkit)** Venture **Undisclosed** Sole investor
- **Mar** **[Wangli Technology](https://millionrounds.com/company/wangli-technology)** Venture **Undisclosed** Sole investor
- **Jan** **[StepFun](https://millionrounds.com/company/stepfun)** Series B · CN · TechNode **$718M** With 9 others
- **Jan** **[Nature Select](https://millionrounds.com/company/nature-select)** Venture **$30M** With 3 others
- **Jan** **[Signet Therapeutics](https://millionrounds.com/company/signet-therapeutics)** Series A **$12M** With 3 others
- **Jan** **[Zenitar](https://millionrounds.com/company/zenitar)** Series C **$86M** With 2 others
- **2025** 25 rounds
- **Dec** **[Syneron](https://millionrounds.com/company/syneron)** Series A **$100M** With 2 others
- **Dec** **[Extreme shell technology](https://millionrounds.com/company/extreme-shell-technology)** Venture **Undisclosed** With 2 others
- **Dec** **[Allink Biotherapeutics](https://millionrounds.com/company/allink-biotherapeutics)** Series A **$47M** With 2 others
- **Dec** **[Direct Drive Technology](https://millionrounds.com/company/direct-drive-technology)** Venture **Undisclosed** With 2 others
- **Dec** **[Noitom Robotics](https://millionrounds.com/company/noitom-robotics)** Venture **Undisclosed** With 4 others
- **Dec** **[Shouxing Technology](https://millionrounds.com/company/shouxing-technology)** Venture · US **Undisclosed** With 3 others
- **Nov** **[YouWare](https://millionrounds.com/company/youware)** Pre-seed · US **$50M** With 1 other
- **Oct** **[Vastai Technologies](https://millionrounds.com/company/vastai-technologies)** Venture **Undisclosed** With 3 others
- **Sept** **[Aureka Biotechnologies](https://millionrounds.com/company/aureka-biotechnologies)** Series A · US **$23M** With 2 others
- **Sept** **[Hopewell Therapeutics](https://millionrounds.com/company/hopewell-therapeutics)** Venture · US **$2.5M** Sole investor
- **Aug** **[XINGYUN GROUP](https://millionrounds.com/company/xingyun-group)** Venture **Undisclosed** With 5 others
- **Aug** **[Excalipoint Therapetics](https://millionrounds.com/company/excalipoint-therapetics)** Series A · HK **$41M** With 1 other
- **Aug** **[METiS Pharmaceuticals](https://millionrounds.com/company/metis-pharmaceuticals)** Series D **$56M** With 2 others
- **Aug** **[Minghui Pharmaceutical](https://millionrounds.com/company/minghui-pharmaceutical)** Venture **$131M** With 2 others
- **Jul** **[EngineAI](https://millionrounds.com/company/engineai)** Series A · CN · TechStartups **$139M** With 10 others
- **Jul** **[Simaixu Biotechnology](https://millionrounds.com/company/simaixu-biotechnology)** Venture **$1.6M** With 1 other
- **Jul** **[Differential Robotics](https://millionrounds.com/company/differential-robotics)** Seed **$28M** With 2 others
- **Jul** **[LTZ Therapeutics](https://millionrounds.com/company/ltz-therapeutics)** Venture · US **Undisclosed** With 4 others
- **May** **[AkroStar](https://millionrounds.com/company/akrostar)** Venture **Undisclosed** With 4 others
- **May** **[Suvera](https://millionrounds.com/company/suvera)** Venture · GB **Undisclosed** With 4 others
- **Apr** **[PhiGent Robotics](https://millionrounds.com/company/phigent-robotics)** Venture **Undisclosed** With 1 other
- **Mar** **[Zhongke Guosheng](https://millionrounds.com/company/zhongke-guosheng)** Series A **$28M** With 3 others
- **Mar** **[Accro Bioscience](https://millionrounds.com/company/accro-bioscience)** Series B **$14M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **5 named**

CR **Claris Ruwende** Director i Filing they signed

GC **Gerald Chan** Director i Form ADV

JS **Jianming Shi** Director i Form ADV

QL **Qin Liu** Director i Filing they signed

RN **Riyaz Nooruddin** Director i Filing they signed

We also hold **12** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$6.1B** gross assets of its funds, 2 advisers combined Oct 2026

**3+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Morningside Venture Capital Limited
- **SEC number:** CRD 163894

## What they claim to have backed

From their own portfolio page (on their website)

**13** of 41 we have independently watched raise

[Bigo](https://millionrounds.com/company/bigo)[Musical.ly](https://millionrounds.com/company/bytedance)[UCWeb](https://millionrounds.com/company/ucweb)[Xiaopeng](https://millionrounds.com/company/xpeng-motors)[元象XVERSE](https://millionrounds.com/company/xverse)[商汤科技 (0020.HK)](https://millionrounds.com/company/sensetime)[地平线 (9660.HK)](https://millionrounds.com/company/horizon-robotics)[小米集团 (1810.HK）](https://millionrounds.com/company/xiaomi)[微医集团](https://millionrounds.com/company/wedoctor)[思派健康 (0314.HK)](https://millionrounds.com/company/medbanks)[滴普科技](https://millionrounds.com/company/deepexi)[神策数据](https://millionrounds.com/company/sensors-data)[脉脉](https://millionrounds.com/company/maimai) Halara Keep (3650.HK) Moody PingCAP SandwichLab Soul 云豹智能 分众传媒 (002027.SZ) 太美医疗科技 (02576.HK) 好特卖 小冰 快手（1024.HK） 拓竹科技 数坤科技 晶泰科技 (2228.HK) 松灵机器人 沪ICP备2020028640号 沪公网安备31010402334508号 海柔创新 滴滴 瀚博半导体 艾博生物 芯耀辉 行云集团 超参数科技 金山办公 (688111.SH) 银河航天 零食很忙

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$653M**

raised in Jan 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$28M** the round, not its cheque Alone, median **$3.0M**

Led 1 of 126 rounds **1%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 15 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Venture *37*
- Series A said *28*
- Series B said *21*
- Series C *16*
- Pre-seed said *7*
- Seed said *6*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [HSG](https://millionrounds.com/fund/hsg) 22
- [IDG Capital](https://millionrounds.com/fund/idg-capital) 19
- [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) 17
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 15
- [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) 14
- [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) 12

**Pitching 5Y Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as 5Y Capital. A count of rooms they were both in, not a relationship either has claimed.

[**HSG** VC firm **22** rounds together](https://millionrounds.com/fund/hsg)[**IDG Capital** Private equity **19** rounds together](https://millionrounds.com/fund/idg-capital)[**Gaorong Capital** VC firm **17** rounds together](https://millionrounds.com/fund/gaorong-capital)[**Qiming Venture Partners** VC firm **15** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Matrix Partners China** VC firm **14** rounds together](https://millionrounds.com/fund/matrix-partners-china-2)[**Shunwei Capital** VC firm **12** rounds together](https://millionrounds.com/fund/shunwei-capital)[**ZhenFund** VC firm **10** rounds together](https://millionrounds.com/fund/zhenfund)[**Morningside Group** VC firm **8** rounds together](https://millionrounds.com/fund/morningside)[**GGV Capital** VC firm **7** rounds together](https://millionrounds.com/fund/ggv-capital)[**Legend Capital** VC firm **6** rounds together](https://millionrounds.com/fund/legend-capital)[**Shenzhen Capital Group Co.** Government **6** rounds together](https://millionrounds.com/fund/shenzhen-capital-group)[**Source Code Capital** VC firm **6** rounds together](https://millionrounds.com/fund/source-code-capital)

## Recently backed

The latest companies 5Y Capital put money into.

[**LTZ Therapeutics** $38M · May 2026](https://millionrounds.com/company/ltz-therapeutics)[**ReviR Therapeutics** Apr 2026](https://millionrounds.com/company/revir-therapeutics)[**Dify** $30M · Mar 2026](https://millionrounds.com/company/dify)[**Excalipoint Therapetics** $28M · Mar 2026](https://millionrounds.com/company/excalipoint-therapetics)[**BOTINKIT** Mar 2026](https://millionrounds.com/company/botinkit)[**Zenitar** $86M · Jan 2026](https://millionrounds.com/company/zenitar)

## Quick answers about 5Y Capital

### What does 5Y Capital invest in?

5Y Capital invests most often at Venture and Series A (57% of the rounds on record), in sectors such as Women's, Immigrant (1st Or 2nd Generation) and People Of Color.

### How active is 5Y Capital?

126 investments on record, 24 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has 5Y Capital invested in recently?

Its most recent investments on record: Archon Robotics (Seed, Oct 2026), Anew Labs (Undisclosed round, Sept 2026) and LTZ Therapeutics (May 2026).

### How big are 5Y Capital's cheques?

The median round it joins is $28M. It says it writes cheques of $100K to $5.0M.

### Does 5Y Capital lead rounds?

Sometimes: it led 1 of its 126 investments on record (1%).

### Where does 5Y Capital invest?

Most of the companies it backs are in the United States (47%), China (29%) and Hong Kong SAR China (18%).

### Is 5Y Capital investing now?

Yes: it is actively investing, with 24 investments in the last 12 months.

### Who does 5Y Capital invest alongside?

Most often HSG (22 rounds together), IDG Capital (19 rounds together) and Gaorong Capital (17 rounds together).

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