N5Capital is the only early stage USD venture fund in China specializing in mobile internet, big data and the cloud’s disruptive convergence with consumer sectors. Founded in 2013 by Mr. Will Jiang and Mr. Weiguo Zhao, N5Capital currently manages two RMB funds and one USD fund, with total assets under management of $350 million USD. In 2016, N5Captial was awarded the Top 20 Early Stage Venture Capital Firm in China.


The growing Chinese market supports the rapid emergence of new technology companies as we search for the next leaders in the mobile consumer sector.


We are a unique team with a successful track record and over 30 years combined experience spanning from angel, early stage to growth stage and corporate M&A.


We utilize rigorous user behaviour research to look for mobile start up with a disruptive business model and invest in long term ownerships.


We offer our portfolios an extensive industry contacts and next round financing resources. We partner with the world’s most respected investors.

Over 60 companies in our portfolio

Mobile Internet

Big Data

Cloud Computing

Consumer Tech