Source Code Capital

Source Code Capital, founded in 2014 by Cao Yi and headquartered in Beijing, China, is a prominent venture capital firm with a significant presence in the Chinese investment landscape. The firm manages a substantial portfolio, with approximately USD $1.5 billion and RMB 3.5 billion under management, totaling roughly USD 2 billion when converted. Source Code Capital has established itself as a key player in fostering innovation and growth across various high-potential sectors within China.

The firm's investment strategy primarily targets the TMT (Technology, Media, Telecom) sectors, which include internet, e-commerce, social media, and enterprise services. Beyond TMT, Source Code Capital also extends its focus to critical areas such as healthcare and consumer industries, recognizing their long-term growth potential in the Chinese market. Furthermore, they actively seek opportunities in "Source Code Plus" areas, which encompass cutting-edge technologies like artificial intelligence, big data, and robotics, reflecting their forward-looking approach to technological advancements.

Source Code Capital invests across a broad spectrum of stages, from early-stage seed and angel rounds to more mature growth and later-stage investments. This flexible approach allows them to support companies throughout their lifecycle, from initial concept to market leadership. Typically, Source Code Capital's first cheque investments range from US$3 million to US$30 million, demonstrating their capacity to support both nascent ventures and scaling enterprises. Their commitment to building a robust ecosystem is evident through their "Code Class" program, which fosters collaboration and knowledge sharing among their portfolio companies and industry leaders.