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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
9 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