Vision Plus Capital

Vision Plus Capital is the international brand name for 五源资本 (5Y Capital), a Chinese venture capital firm. The fund co-led or participated in multiple rounds for Vastai Technologies (瀚博半导体), including a $50 million Series A in November 2020 alongside Kuaishou and Redpoint China, a 500 million RMB Series A+ in April 2021 with China Internet Investment Fund and Matrix Partners China, and a 1.6 billion RMB combined Series B-1/B-2 in late 2021 that also included Alibaba Group, PICC Capital, and others . The fund's partner Liu Kai (刘凯) has publicly backed Vastai's GPU roadmap. Elsewhere's corpus does not carry a broader fund-level profile of Vision Plus Capital's vintage size, full portfolio, or founding details.