Meet Our Team
Our team of venture investment experts has over 30 years experience in VC spanning angel, early stage to growth stage and corporate M&A. With vast skills in technology, mobile, big data and the cloud, your investment is in trusted hands. Contact us today

Will Jiang
Founding Partner
Mr. Will Jiang founded N5Capital in 2013. Prior to founding N5Capital, he held important positions in several large listed multinational companies, such as Dell and BlackBerry, responsible for strategic development, investment, mergers & acquisitions, and business expansion in Greater China area; he has extensive experience both in the industry and in the field of investment. Mr. Will Jiang focuses on investment in consumption, fintech and digital economy related sectors. Will Jiang’s investments include: 360 DigiTech, TalkingData, FlashEx, Viva Video, Zhulogic, etc. Portfolio financed by N5Capital have experienced high growth, become leading enterprises in their industries and brought great returns to investors.
Mr. Will Jiang has been honored with “Top 30 Early Stage Investors in China” by ChinaVenture Hurun in 2016; “Angel Investor of the Year” by Lieyunwang.com in 2017” and “2017 Zhongguancun High-end Leading Talent”. He is also a dynamic entrepreneur and investor that actively offers professional advices to other entrepreneurs to help startups successfully pass through initial stage and growth stage; he is a tutor in Global Entrepreneurship at PBC School of Finance, Tsinghua University.
Mr. Will Jiang holds a Bachelor’s degree in Electrical Engineering from University of Waterloo. He is currently studying for an EMBA degree at PBC School of Finance, Tsinghua University.

Weiguo Zhao
Founding Partner
Mr. Weiguo Zhao founded N5Capital in 2013. Prior to founding N5Capital, he had been a founding partner of Ceyuan Ventures. With nearly 20 years’ experience in investment, he has a deep insight into investment strategy and fund management. He has led the investment in leading enterprises such as Jiayuan.com, Hanwang Technology, Venustech, Qihoo 360 ,UC and contributed to the IPO of over 10 projects.
After founding N5Capital, Mr. Weiguo Zhao focuses on investments in consumption, finance and digital economy. Weiguo’s investments include: 360 DigiTech, TalkingData, FlashEx, Viva Video, etc. Companies financed by N5Capital have experienced high growth, become leading enterprises in their industries and brought great returns to investors. He was elected as “The Best VC Partner” in 2011-2012 by China Business News.
Mr. Weiguo Zhao holds a Bachelor’s degree from Xi’an Electronic Science & Technology University and a Master of Business Administration (MBA) from Tsinghua University.

Karen Liu
Partner
Prior to N5Capital, Ms. Karen Liu worked with Ceyuan Ventures on Investor Relations, where she was responsible for raising Ceyuan USD Fund III, handling related due diligence efforts and documentation preparation. In the meanwhile, Karen also took care of investor relationship maintenance and daily communications.
Ms. Karen Liu graduated with a BA Degree from Harbin Normal University; later she received a MA Degree in Translations from Beijing Foreign Studies University.

Min Meng
Managing Director
Min Meng joined N5Capital Beijing office in 2018. Currently, Min is responsible for portfolio management.
Prior to joining N5Capital, Min worked at Apple as Director of BD team focusing on enterprise account and channel business development.
Min holds a MBA degree from Tianjin University.
Xiyue Ma
Finance Director
Xiyue Ma joined N5Capital in 2025.She is based in Beijing office and responsible for USD Fund financial management, including the overall accounting and reporting of the fund, the withdrawal and calculation of fund projects, and other related tasks.
Prior to joining N5Capital,Xiyue Ma served as a senior financial manager at Tianyi Capital and a financial manager at Sinovation Ventures, responsible for the financial and tax management of both RMB and USD funds, fund operations, and investor relations. She was deeply involved in fund raising, fund liquidation and project incubation.
Xiyue Ma received her B.A. in Business Administration from the Central University of Finance and Economics and is currently pursuing an MPA degree at Beihang University.

Kaswell Qiao
Legal Director
Mr. Kaswell Qiao joined N5Capital’s Beijing office in 2021. He is responsible for legal and regulatory compliance.
Prior to joining N5Capital, Mr. Kaswell Qiao worked at Jingtian & Gongcheng Law Firm, and he mainly focused on the fields of merges & acquisitions, private equity fund investments, and general corporate matters. Mr. Kaswell Qiao has been admitted to practice law in the State of New York, U.S.
Mr. Kaswell Qiao received his Bachelor’s degree from China University of Political Science and Law, and then received his Master’s degree from Boston University School of Law.

Xiaoyang Sun
Financial Manager
Xiaoyang Sun joined N5Capital’s Beijing office in 2015 as financial manager.She is mainly responsible for RMB fund financial management, including the compliance of investment funds, financial management, taxation, Industry and Commerce Bureau, and the maintenance of the AMAC system.
Prior to joining N5Capital, Xiaoyang Sun worked at Beijing ShangKun Education Holding Group as an accountant.
Xiaoyang Sun holds a Bachelor’s degree in Economics from Hebei University of Economy and Trade.

Judy Zhu
Administration assistant