Investors / China / Source Code Capital
Source Code Capital
Venture capital · Beijing, China · Asia Pacific
Source Code Capital is an investment firm founded in spring 2014 that manages about US$7 billion (RMB 50 billion) in assets and has invested in more than 300 startups. It invests across seed, early and growth stages and provides portfolio companies with community, education and service programs.
Invests inAI & Machine LearningHealthcare & Biotech
In its own wordsairoboticssmart manufacturinginternetconsumerlife sciences
Your fit with Source Code Capital
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsSource Code Capital lists 48 checked portfolio companies on its own site and is named in 7 funding rounds, 1 of them as lead. Its most frequent entry is Seed, 40% of the companies with a known first round. Its largest themes are AI & Machine Learning (18%), Healthcare & Biotech (16%) and Industrial & Manufacturing (13%). 79% of its companies are based in China. It invests most often alongside IDG Capital, HSG and Monolith Management.
Counts come from funding rounds that name Source Code Capital, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Round figures show recent activity, not Source Code Capital's whole history. Rounds on record name 6 companies; its own site lists 48. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 40% |
| Series A | 20% |
| Series B | 40% |
| Growth | 0% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 0 | 0 |
| '25 | 0 | 0 |
| '26 | 7 | 1 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 82th | 48 companies |
| Recent activity | 91th | 7 rounds in 12 months |
| Early stage | 66th | 40% of entries at pre-seed or seed |
| Evidence | 68th | 6% of companies confirmed by a round |
| Sector focus | 8th | 18% in its largest sector |
| Reach | 88th | 7 countries |
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| AI & Machine Learning | 18% | 18% |
| Healthcare & Biotech | 16% | 15% |
| Industrial & Manufacturing | 13% | 7% |
| Consumer | 10% | 3% |
| Education | 8% | 7% |
| Robotics & Hardware | 6% | 1% |
| E-commerce & Marketplaces | 5% | 6% |
| Media & Entertainment | 5% | 4% |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| IDG Capital | 5 |
| HSG | 4 |
| Monolith Management | 4 |
| SoftBank Vision Fund | 4 |
| BAI Capital | 3 |
| Broad Vision Funds | 3 |
| Capital Today | 3 |
| Granite Asia | 3 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers48100%
- No longer answers00%
- Points to another company00%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Co-investor network
who it backs companies with, and who they back togetherCompare Source Code Capital head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Source Code Capital| Date | Company | Stage |
|---|---|---|
| 8 Sept 2026 | Series B | |
| 25 Aug 2026 | Seed | |
| 20 Jul 2026 | Series B | |
| 9 Jul 2026 | Series B | |
| 15 Apr 2026 | Seed Led | |
| 13 Mar 2026 | Round |
Round details for Source Code Capital
Amounts, full round histories and every co-investor in Source Code Capital's rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
48 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| Portfolio page | ||||
| The company provides a range of services including supply and distribution of fruits, vegetables, frozen products, and dairy products to businesses. | AI & Machine LearningFood & Agriculture | Portfolio page | ||
| Blokees is a leader of assembly character toys in China. | Enterprise SoftwareConsumer | Portfolio page | ||
| Bota Bio produces bio-preservatives, nutritional supplements, and clean label products for the food and nutrition industries | Food & AgricultureHealthcare & Biotech | Portfolio page | ||
| ByteDance develops products and services that empower people and organizations to create, connect and discover, and enable businesses to enhance productivity and efficiency. | AI & Machine LearningMedia & Entertainment | Portfolio page | ||
| CellBri provides automated cell therapy manufacturing platforms and solutions | Healthcare & Biotech | Portfolio page | ||
| The company provides software for retrosynthesis and synthesis planning in chemistry | AI & Machine LearningHealthcare & Biotech | Portfolio page | ||
| The company produces equipment for on-site production of chemicals and hydrogen peroxide using new electrochemical technology. | Industrial & ManufacturingEducation | Portfolio page | ||
| Portfolio page | ||||
| DeepControl develops and implements physical AI solutions to optimize energy efficiency in various industries, including manufacturing, data centers, and public services. | AI & Machine LearningSpace & Defense | Jul 2026Series B · 2 rounds | Page + round | |
| The company provides AI for science solutions and services, including software and research tools, to scientists and research organizations. | AI & Machine LearningHealthcare & Biotech | Portfolio page | ||
| The company provides computer rental services, including laptops, desktops, and other equipment. | Legal & ComplianceReal Estate & Construction | Portfolio page | ||
| Chuxin Intelligence provides intelligent catering equipment and services. | Food & Agriculture | Portfolio page | ||
| The company provides car fridge solutions and products to various customers, including automotive enterprises and outdoor enthusiasts. | ConsumerIndustrial & Manufacturing | Portfolio page | ||
| Portfolio page | ||||
| Keeway sells motorcycles and scooters | Consumer | Portfolio page | ||
| The company designs, develops, and supplies electronic suspension systems and related products for vehicles. | Industrial & Manufacturing | Portfolio page | ||
| The company buys and sells used phones with a guarantee. | E-commerce & MarketplacesConsumer | Apr 2026Seed | Funding round | |
| Liblib provides an AI creation platform for generating images and videos. | AI & Machine LearningMedia & Entertainment | Portfolio page | ||
| Li Auto produces vehicles such as the Li L7, Li L8, and Li L9. | Mobility & Logistics | Portfolio page |
About this data
site last read 5 Nov 2026- Site
- sourcecodecap.com
- Last read
- 5 Nov 2026
- Watching since
- 5 Nov 2026
- Rounds since
- 13 Mar 2026
- Companies checked
- 48
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get Source Code Capital's profile as data
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