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Source Code Capital
Beijing, ChinaWebsite ↗
Source Code Capital is a Beijing-based venture capital firm founded in 2014 by Yi Cao, specializing in early- to growth-stage investments across various technology-driven sectors. The firm aims to create enduring value by partnering with resilient and visionary entrepreneurs, leveraging technology and management expertise to drive business transformation.
Last raised
Nov 2025
11 mo ago
Latest fund size
$600M
latest dual-currency growth fund series
AUM
$7B
estimated
Funds raised
Capital this firm has raised, newest first
latest dual-currency growth fund series
Nov 2025
$600M
RMB Fund V
Oct 2021 · Fund V
—
USD $1 billion fund
Apr 2021
$1B
RMB Fund IV
Oct 2020 · Fund IV
—
$570 million fund
Apr 2019
$570M
Recent investments
Companies this firm has funded, newest first
| Company | Round | Amount | Date | Source |
|---|---|---|---|---|
| X Square Robot | Seed | — | Jun 2026 | |
| Accelerating Evolution | Other | $14.1M | Nov 2025 | |
| LibLib AI | Series B | $130M | Oct 2025 | |
| Unitree Robotics | Series C | — | Jun 2025 | |
| Moore Thread | Series B | — | Feb 2025 | |
| CNOOC Energy Storage | Seed | — | Nov 2022 | |
| Mech-Mind | Series C | — | Jun 2022 | |
| Beijing Che Lixing Information Technology | Other | — | Apr 2021 |
Sources
Where this data came from