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Source Code Capital
China-based venture capital firm From Wikipedia, the free encyclopedia
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Source Code Capital (Chinese: 源码资本; pinyin: Yuánmǎ Zīběn) is a Beijing-based venture capital firm founded in 2014. The firm invests in companies from various fields such as information technology, biotechnology, retail and manufacturing.[3]
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Background
Source Code Capital was founded in 2014 by Yi Cao, a computer science graduate from Tsinghua University and a vice president at Sequoia Capital China.[2][3][4][5]
Investors of the firm include pension funds, sovereign wealth funds, college endowments, charities and private equity firms.[2]
The firm runs a peer and mentor alliance called "Code Class" each year, which consists of over 300 entrepreneurs and investors.[2][5][6] Within the community, members can exchange experiences, resources and feedback to one another.[2][5][6] Notable members of Code Class include Zhang Yiming of ByteDance and Wang Xing of Meituan.[2][6]
The firm is noted to have invested in some of China's largest startups such as ByteDance, Meituan, Li Auto and Niu Technologies.[3]
In July 2023, Source Code Capital shut down Source Code Yisu, a seed funding programme. It was speculated this was due to factors such as regulatory scrutiny, declining China–United States relations and slowing economic growth.[7]
Funds
Notable investments
References
External links
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