Fundraising Fox

N5Capital

Venture capital

Beijing · Pre-Seed–Series A · 2 people tracked

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Investment thesis

N5Capital positions itself as an early-stage cornerstone investor for entrepreneurs, aiming to discover truly innovative startups early and help them become globally leading companies. The firm concentrates on early investments in Chinese technology and innovation startups, emphasizing an 'early', 'counter-cyclical', and 'long-term value' investment philosophy. It focuses on the consumer technology and infrastructure technology segments, operating as a dual-currency venture capital institution. Its portfolio spans more than 90 companies, mainly based in China with cross-border extension internationally.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
HQ
Beijing, CN
Leads rounds
Leads
Instruments
Equity
Founded
2013
AUM
$630M
Tracked investments
11

Team · 2 people

from public directories
Weiguo Zhao· Founding Partnerin

What they invest in

from 2 of 11 portfolio companies

AdTech ×1AI & Machine Learning ×1Consumer ×1Data & Infrastructure ×1E-commerce ×1Marketing Tech ×1Retail Tech ×1

HQs:China×2

Investments · 11 tracked

founders shown can be your intro path
360数科
HARMAY话梅harmay.com

HARMAY is a beauty and cosmetics retailer that operates physical stores and a membership program.

ConsumerE-commerceRetail TechBeijing, CN

Co-investorsGeneral Atlantic

KK集团
KK集团 (KK Group)
LGD
Shansong

Shared economy focused courier service using internet and big data for same-city flash deliveries

Co-investorsShunwei CapitalYi Capital Inc.

TalkingDatatalkingdata.com

TalkingData builds data infrastructure and intelligence platforms to support digital transformation and AI development.

AdTechAI & Machine LearningData & InfrastructureMarketing TechBeijing, CN

Co-investorsNorthern Light Venture Capital

三百云
妃鱼
小影科技 VivaVideo
闪送

Frequently asked questions

How many investments has N5Capital made?
N5Capital has 11 tracked investments.
What stage does N5Capital invest at?
N5Capital invests at the Pre-Seed, Seed, Series A stages.
What sectors does N5Capital focus on?
N5Capital focuses on Consumer, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, FoodTech, Media & Entertainment, Mobility & Transportation, Sector Agnostic.
Where is N5Capital located?
N5Capital is headquartered in Beijing, CN.
Does N5Capital lead rounds?
Yes, N5Capital leads investment rounds.
Who does N5Capital co-invest with?
N5Capital most often shares deals with General Atlantic, Shunwei Capital, Yi Capital Inc., among 3 tracked co-investors.

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