China · 
What does Source Code Capital invest in?
Source Code Capital invests most often at Series B and Venture (48% of the rounds on record), in sectors such as Big Data, Deep Learning and Financial Services.
Source Code Capital highlights
- 01
9 cheques in the last 12 months
- 02
Mostly Series B and Venture: 48% of its rounds
- 03
Sole investor in 36 rounds, median $6.9M
What they do
Source Code Capital is committed to creating lasting real value through investment and has invested in more than 300 startups; the stages span seed, early, and growth.Translated from Chinese, from their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $250K – $15M as they say
- Stages
- Pre-seedSeedSeries ASeries BGrowthPre-IPO
- Sectors
- Big DataDeep LearningFinancial Services
- Based in
- Chaoyang, China
- Cold pitches
- Not accepted
The record
Every round we can evidence, newest first144 appearances
- 2026
5 rounds
- Jul
- Jul
- Mar
- Mar
- Mar
- 2025
22 rounds
- Dec
- Dec
- Dec
- Nov
- Oct
- Oct
- Oct
- Sept
- Sept
- Aug
- Aug
- Aug
- Aug
- Jul
- May
- Apr
- Apr
- Apr
- Mar
- Mar
- Feb
- Jan
- 2024
7 rounds
- Dec
- Oct
- Aug
- May
- Apr
- Apr
- Jan
- 2023
10 rounds
- Dec
- Dec
- Nov
- Sept
- Aug
- Jun
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration3 named
SLSiying LiuFinancial Controller of General Partner of General PartneriFiling they signed
YCYi CaoDirector of General Partner of General PartneriFiling they signed
YNYungang N/A HuangDirector of General Partner of General Partner of each IssueriFiling they signed
We also hold 18 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What they claim to have backed
From their own portfolio page (on their website)
17 of 60 we have independently watched raise
AcebatteryBaibuBytedanceCellbriEdianyunFirstjobHairoboticsLegendsemiPagodaSibionicsSpacetransportationTenafeXyzroboticsYijiupiYimididaYqnZiroomBattery-doctorBiaoguoworksBirentechBloksBoosteroboticsBotaChemicalChengyangtechCygnusbioCyysteaDeepctrlsDhnanoDreoEswinFlygoodForeseenbioFrtechGpixelHonganrobotsIcanagIcecoJd-energyJlcrrJusthealthKeewayLiblibLixiangLjcvsMech-mindMeiriheiqiaoMeituanMeshyMetispharmaMinghaotechMoodylensesMoonshotMyweimaiNarwalNezhaNophotonicsOpaywebPeraglobalPoweroakand 27 more
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.