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Fund profile

Source Code Capital

Source Code Capital

Chaoyang, China

Not leading

About

Source Code Capital, founded in 2014 by Charlie Cao Yi, is one of China's leading venture capital firms with over $2.5 billion in assets under management. The firm focuses on driving the "New Economy" through its investments in technology, particularly companies that leverage internet technologies, AI, and globalization to innovate and disrupt traditional sectors. The firm has a broad investment scope, with significant activity in media, entertainment, fintech, consumer services, and enterprise solutions. Their notable portfolio companies include tech giants like ByteDance, Meituan Dianping, and RELX Technology, as well as newer unicorns such as Stori and Hai Robotics. Source Code Capital's investment strategy is anchored in its "Big 3 Fundamental Drivers": Internet+, AI+, and Global+. This strategy has enabled them to partner with over 150 high-growth companies, transforming industries from transportation to education, and healthcare. The firm is known for providing much more than capital; it has developed robust post-investment services to support its portfolio companies in areas such as human capital, public relations, and financial advisory, driving sustainable long-term growth. With offices in Beijing and a strong network of global institutional investors, Source Code Capital continues to scale its influence both in China and internationally, maintaining a disciplined yet innovative approach to venture investing. Their commitment to nurturing groundbreaking companies has earned them recognition as one of China’s top venture capital firms​.

Details

Average check

$0-$100K
$1M-$3M
$10M-$50M

Round

Seed
Series A
Series B
Series C+
Angel Round

Previous Investments

AI & Deep Tech
Data & Analytics
Hardware. Robotics & IoT
Healthtech & Wellness
Media, Events & Entertainment
Natural Resources
Other
Software & Apps
Sports & Fitness

Highlights

$795.1k

Historical average check

$700M

Historical max check

January 2025

Last investment date

321

Investments

Hardware. Robotics & IoT

Natural Resources

Software & Apps

AI & Deep Tech

Data & Analytics

Healthtech & Wellness

Sports & Fitness

Other

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Website

sourcecodecap.comen/

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