袁野
袁野 is a partner at 5Y Capital (五源资本), where he has been since at least 2020 and remains as of late 2024 . He joined the firm as a junior investor in 2011 and is known for sourcing Kuaishou from its earliest days—finding GIF Kuaishou creator Cheng Yixiao on Weibo, writing him a cold email, and introducing him to partner Zhang Fei, which led to 5Y's angel investment . He has since led or been closely involved with deals including Keep's $360 million Series F, men's grooming brand Liran's Series B, and data infrastructure company StartDT, whose founder described him as "transparent, clear, and spirited" with an ability to see to the essence of problems . In 2022, 暗涌Waves quoted his investment philosophy as favoring concentrated bets over diversification—"better to be more careful about which basket"—and respecting the difficulty of domain switching, noting that "there is no flexibility, only less expansion into different fields" . He has been recognized on multiple young investor lists including Cyzone's 40 Under 40 in 2021 and investment industry U40 rankings in 2023-2024 .
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Coverage
January, Emergence, and Prologue | 5Y News Monthly
The big news from last month.
五源资本·Innovation Often Happens Where No One Has Gone Before | 5Y News Monthly
The big news from last month.
五源资本·5Y Yuan Ye: Five Perspectives on Understanding AI Entrepreneurship | 5Y View
True innovation isn't about walking the old path faster — it's about having the courage to blaze a trail no one has taken before.
五源资本·5Y News|Hypershell Raises $70 Million in Pre-B and Series B Funding
Leading the Consumer Exoskeleton Into a New Era
五源资本·Hypershell Closes Two Rounds Totaling $70 Million in Funding
Toward a Future Where Everyone Is "Iron Man"?
暗涌Waves·Changing Every Today for Tomorrow | 5Y News Monthly
The big news from last month.
五源资本·Trailblazers Carry Their Own Wind | 5Y News Monthly
The big news from last month.
五源资本·Conversation with YouWare's Ming Chaoping: They're Skeptical That AI Coding Is a New Form of Creation — and I'm Thrilled | Z Talk
The promising AI product founder chose a path few others dared to take.
真格基金·Miracles Come from Perseverance | 5Y News Monthly
The big news from last month.
五源资本·January: Arriving at the Realm of Infinity | 5Y News Monthly
The big news from last month.
五源资本·Every Page You Turn Is Shaping a Brand-New You | 5Y New Year Reading List
How to start a new year.
五源资本·September: Stay Deliberately Curious | 5Y News Monthly
The big news from last month.
五源资本·Confidence Is Tomorrow's Trailblazer | 5Y News Monthly
The major events that happened last month.
五源资本·5Y Capital Yuan Ye: Some Observations on AI | 5Y View
The best way to predict the future is to create it.
五源资本·Change Begins with What You See | 5Y News Monthly
The big news from last month.
五源资本·Geoffrey Hinton: Going All-In on Bigger Models to "Predict the Next Word" | 5Y View
Digital systems have advantages that humans simply cannot match.
五源资本·Action Is the Simplest Method | 5Y News Monthly
The big news from last month.
五源资本·The beginning of a miracle often lies within the thing itself | 5Y News Monthly
The big news from last month.
五源资本·You Yourself Are the Newest Year | 5Y News Monthly
The big news from last month.
五源资本·How Do Consumer Brands Survive Cycles? | 5Y View x Make Essense x Surpine
Great brands are built through endurance.
五源资本·January, a Fresh Start | 5Y News Monthly
The big news from last month.
五源资本·Saying Goodbye to 2023 With 19 Books | 5Y New Year Reading List
Happy New Year!
五源资本·December, the Road Keeps Extending | 5Y News Monthly
The big news from last month.
五源资本·The Day Munger Died: 18 WeChat Moments About Him
Mourning the Passing of a Wise Mind
暗涌Waves·Greatness Is Built One Moment at a Time | 5Y News Monthly
The big news from last month.
五源资本·August: Keep Pushing Forward | 5Y News Monthly
The big news from last month.
五源资本·Congratulations to Keep on Its Successful Hong Kong Stock Exchange Listing | 5Y News
Set the world in motion.
五源资本·July: The Courage to Keep Believing | 5Y News Monthly
The big news from last month.
五源资本·"Belief" has its own pendulum, but innovation never stops | 5Y View
Time rewards the builders who create insane value.
五源资本·June, the World's Childhood | 5Y News Monthly
The big news from last month.
五源资本·5Y News | Portfolio Company DataBlackhole Closes Nearly RMB 100 Million Series C2 Round
Toward "Enterprise-Grade."
五源资本·Finding True Non-Consensus: Time as a Moat | 5Y Capital Partner Meeting Recap
Focus only on things that are absolutely meaningful.
五源资本·January: Toward Broader Horizons | 5Y News Monthly
The big news from last month.
五源资本·Books remind us that tiny pages can hold entire universes | 5Y New Year Reading List
Here's to discovering an even bigger universe in the year ahead.
五源资本·From the Big League to the Niche: The Glory Days of a Generation of Chinese VCs
How they will rethink fame, cycles, and investment.
暗涌Waves·5Y News | Functional Athletic Base Layer Brand *Surpine* Closes Tens of Millions of RMB Angel Round
Explore the exhilarating freedom that sports bring to body and mind — alongside every sports enthusiast.
五源资本·The unthinkable is precisely what can be thought. | 5Y News Monthly
The big news from last month.
五源资本·5Y News | "Daily Dark Chocolate" Raises Two Consecutive Rounds of Over 100 Million Yuan Each
Bring products that are both delicious and health-innovative to an ever-growing number of consumers.
五源资本·The world begins anew each day in a light that is forever fresh. | 5Y News Monthly
The major events from last month.
五源资本·5Y News | Metaverse Ecosystem Platform *Oasis* Raises Tens of Millions of Dollars in Series B Funding
Explore and create new order.
五源资本·Ways to Start the New Year | 5Y's New Year Book & Film Recommendations
On intellect, wonder, and imagination.
五源资本·5Y News | Portfolio Company DataStart (奇点云) Closes Over 200 Million RMB in Series C1 Funding
Stay firmly focused on the data middle platform.
五源资本·October is full of hope and fervor | 5Y News Monthly
The major events from last month.
五源资本·5Y Capital Wins Multiple Annual Awards from 36Kr and ChinaVenture | 5Y News
5Y Capital will continue to seek out entrepreneurs with bold visions for the future, providing full-stage, ultra-long-term support.
五源资本·5Y Capital's Yuan Ye and Liu Kai Named to 36Kr's "36 Under 36 Outstanding Investors" List | 5Y News
5Y Capital will continue to seek out scarce founders.
五源资本·5Y News | Chinese Emerging Designer Brand "bosie" Closes New Funding Round of Several Hundred Million Yuan
Break free from constraints. No divisions, no boundaries.
五源资本·September, When Hope Will Break Through Like the Sun | 5Y News Monthly
The big news from last month.
五源资本·5Y Capital Wins Multiple Awards Including "2021 China Venture Capital Firm of the Year" | 5Y News
Continuously searching for scarce founders.
五源资本·The Important Thing Is the Continuous Accumulation of Every Moment | 5Y News Monthly
What were the major events last month?
五源资本·5Y Capital's Yuan Ye Named to Cyzone 2021 "40 Under 40 Investors" List | 5Y News
Looking for founders who are full of imagination about the future.
五源资本·The past has become the future, the future has become the past, and both have become the present | 5Y News Monthly
What major events happened last month?
五源资本·5Y Capital's Qin Liu, Steven Zhang, and Yuan Ye Named to 2021 PEDaily "TOP100 Investors" List | 5Y News
On May 20, the 2021 "Investor TOP100" ranking was officially unveiled. The list was jointly initiated by PEDaily, China's entrepreneurship and investment professional portal under Zero2IPO, and Zero2IPO, with data support from the China Venture Capital and Private Equity Big Data Platform, PEdata. **Qin Liu, Founding Partner of 5Y Capital; 5Y Capital; and Yuan Ye, Partner at 5Y Capital, all made the list.**
五源资本·5Y News | Premium Chocolate Brand "Daily Dark Chocolate" Secures Two Consecutive Funding Rounds Exceeding 100 Million Yuan Each
Shift consumers' traditional perception of chocolate.
五源资本·5Y News | Aromatherapy skincare brand *Zhuben* closes two rounds totaling $50 million in funding
A holistic wellness brand that embraces the philosophy of "less is more."
五源资本·To Better Kick Off March | 5Y News Monthly
The major events of February.
五源资本·The Meaning of Inward Exploration | 5Y Spring Festival Books & Film Recommendations
The new year approaches; wishing you spring's blessings.
五源资本·5Y Talk | A Conversation with Kuaishou's Hua Su: The Foundational Principle Is Altruism
On Adventure, Perception, and Inspiration.
五源资本·5Y News | Kuaishou, a 5Y Capital portfolio company, lists on the Hong Kong Stock Exchange. Congratulations to Kuaishou!
Here's to Kuaishou — may it thrive endlessly, connect all things, and create more beauty and order!
五源资本·5Y News | Men's Grooming Brand "理然" Closes Nearly RMB 150 Million Series B Round
The next generation of male consumers is continuously evolving in their grooming and personal-image needs.
五源资本·5Y News | 5Y Capital Portfolio Company StartDT (奇点云) Closes RMB 80 Million B2 Round
Openness and mutual success: building a new cloud-based, data-intelligent business together.
五源资本·5Y News|Keep Closes $360 Million Series F Round, 5Y Capital Continues Backing
Exercise is just a Keep moment.
五源资本·5Y News | Three 5Y Capital Partners Named to Forbes China's "2020 Best Venture Capitalists in China" List
Qin Liu, founding partner of 5Y Capital, and partners Zhang Fei and Yuan Ye of 5Y Capital all made the list.
五源资本·5Y News|Zilliz Raises $43 Million, Setting New Global Record for Series B in Open-Source Infrastructure Software
Zilliz announced the completion of a $43 million Series B funding round, with continued support from 5Y Capital.
五源资本·5Y Capital Day 1: The You Others Thought Was Crazy, Starting to Be Believed
Setting out anew — the same team, the same founding vision.
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