5Y Capital
Undisclosed; reviewed sources do not publish a standardized first-check range. · seed, series-a, series-b, growth · China, with selective global exposure
China-focused venture firm with more than $5B under management, an $800M 2024 venture/co-investment close, and a multi-decade portfolio spanning Xiaomi, Kuaishou, XPeng and Pony.ai.
Tier 2 · ranked #47china
Visit / pitchOfficial siteOpen in the live directory
Key facts
| Fund size | $800M 2024 venture/co-investment close; more than $5B managed |
| Stage | seed, series-a, series-b, growth |
| Typical first check | Undisclosed; reviewed sources do not publish a standardized first-check range. |
| Sectors | consumer, enterprise, healthcare, ai, mobility, deep-tech |
| Geography | China, with selective global exposure |
| Status | open |
Always confirm on the official page before applying — dates and terms change.
Background
5Y's own pages establish its current team, four-city footprint and early entries into major technology companies; AVCJ award materials add the latest closed-vehicle economics. The evidence supports a strong track record, but not a standardized check, ownership target or founder intake route.
How the application really works
No dedicated founder form or pitch email was found. Use a relevant named investor via a trusted introduction; the public contact page is office/location oriented.
Tips
- Tie the pitch to the specific partner's sector history.
- Show why the company can become a durable China or China-linked category leader.
Watch out for
- Treating the general contact page as a guaranteed pitch channel.
- Quoting an uncited check range as firm policy.
Track record
- Xiaomi — official portfolio identifies an initial Series A investment in 2010.
- Kuaishou — official portfolio identifies an angel investment in 2011.
- XPeng and Pony.ai — official portfolio records early institutional rounds.
No comparable acceptance or investment-rate statistic is published.
Investment thesis
Partner for the long term with technology-driven founders building category-defining companies connected to China.
How to reach them
- Target a relevant current partner through a trusted introduction.
Notable portfolio
XiaomiKuaishouXPengPony.aiAgoraSenseTime
Frequently asked questions
- What stage does the firm invest at?
- Observed entry points include angel, Series A and Series B, with capacity for later follow-on support.
- What is the latest disclosed fund or capital base?
- $800M venture and co-investment vehicles closed at the hard cap in Q1 2024; the firm says it manages more than $5B overall.
- What check size does it write?
- Undisclosed; reviewed sources do not publish a standardized first-check range.
- Where does it invest?
- China, with selective global exposure
- How can a founder approach the firm?
- No dedicated founder form or pitch email was found. Use a relevant named investor via a trusted introduction; the public contact page is office/location oriented.
- What remains undisclosed?
- Check size, ownership target, reserves policy, decision timing and a founder-specific public intake route remain undisclosed.
Related venture funds
Sources
- www.5ycap.com — Current firm positioning and historical entry-round examples. (checked 2026-08-10)
- www.5ycap.com/en/about — Official capital-under-management statement. (checked 2026-08-10)
- www.5ycap.com/team — Current partners and investment staff. (checked 2026-08-10)
- www.5ycap.com/portfolio — Official portfolio and initial-round evidence. (checked 2026-08-10)
- www.5ycap.com/contact — Current offices and public contact surface. (checked 2026-08-10)
- community.ionanalytics.com/avcj-private-equity-venture-capital-awards-shortlist-2024/fundraising-of-the-year-venture-capital-2024 — Independent evidence for the $800M Q1 2024 close. (checked 2026-08-10)