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Source Code Capital

Venture capital

Beijing · Seed–Growth · 1 people tracked

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Investment thesis

Source Code Capital practices value investing, seeking to create lasting, real value through its investments. The firm emphasizes generational innovation, top-tier business models, and strong corporate cultures, aiming to help companies become global leaders that grow sustainably. It partners closely with resilient, bold entrepreneurs, leveraging technology and management to drive commercial transformation. Beyond capital, it offers ecosystem connections, entrepreneurial education programs, and founder-support services. The firm invests across seed, early, and growth stages in sectors including AI & Robotics, intelligent manufacturing, internet & consumer, and life sciences.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$2M – $200M
HQ
Beijing, CN
Leads rounds
Leads
Instruments
Equity
Founded
2014
AUM
$7B
Tracked investments
212

Team · 1 people

from curated

What they invest in

from 11 of 212 portfolio companies

Hardware ×4Consumer ×3E-commerce ×3AI & Machine Learning ×2Deep Tech ×2Media & Entertainment ×2Mobility & Transportation ×2Advanced Manufacturing ×1

HQs:China×7United Kingdom×1

Investments · 212 tracked

founders shown can be your intro path
Li AutoNASDAQ: LI
RLX TechnologyNYSE: RLX
Acebatteryacebattery.com
Baibubaibu.mobi
Battery Doctorbattery-doctor.cn
Beatbotbeatbot.comin𝕏

Beatbot manufactures robotic pool cleaners, including models like Sora and AquaSense, designed to automate pool maintenance and debris removal for residential pool owners.

ConsumerHardwareRobotics

Biaoguoworksbiaoguoworks.com
Birentechbirentech.com
Blokees.Comblokees.com.cn
Bloksbloks.com
Boosteroboticsboosterobotics.com
Bota Biobota.bio
Carbon Energyqq.com

QQ.com is a Chinese web portal and content platform operated by Tencent that aggregates news, entertainment, gaming, and other digital services.

Media & EntertainmentShenzhen, CN

Cellbricellbri.comin
Chemicalchemical.aiin

Chemical.AI develops AI platforms, including ChemAIRS and SA Score, that generate synthetic routes, predict reaction impurities and byproducts, provide process chemistry insights, and screen compounds for synthesizability.

AI & Machine LearningBiotechDeep Tech

Chengyangtechchengyangtech.com
Chocdaychocday.com
Cygnusbiocygnusbio.com
Cyysteacyystea.com
D5Renderd5render.comin
Deepctrlsdeepctrls.com
Dhnanodhnano.com
Dimension5
Dreodreo.com
Edianyunedianyun.com
Eswineswin.com
ESWIN Materials
Flygoodflygood.top
Foreseenbioforeseenbio.com
Frtechfrtech.ccin
Galbotgalbot.com
Gpixelgpixel.com
Hairoboticshairobotics.cn
Honganrobotshonganrobots.com
Icanagicanag.com
Icecoiceco.cn
Jd Energy.Comjd-energy.com.cn
Jlcrrjlcrr.com
Justhealthjusthealth.cn
Keke.com
KE Holdings
Keenonkeenon.com
Keenonrobotkeenonrobot.com
Keeway
Keeway.Cokeeway.co.uk

Keeway UK sells lightweight motorcycles and scooters designed by Benelli, offering learner-friendly and cruiser models along with spare parts through an online purchasing process completed via local dealers.

ConsumerE-commerceMobility & Transportation

Khat.Comkhat.com.cn

Konghui Technology (孔辉科技) develops and manufactures automotive chassis components such as air springs and active stabilizer bars for vehicle suspension systems.

Advanced ManufacturingHardwareMobility & Transportation

Ldrobotldrobot.com
Legendsemilegendsemi.com
Liblibliblib.art
LiblibAI
Lixianglixiang.com
Ljcvsljcvs.com
Mech Mind.Commech-mind.com.cn
Meshymeshy.aiin𝕏
Metispharmametispharma.com
Minghaotechminghaotech.cn
MOBIKEmeituan.com
Moodymoodylenses.com
Moonshot AImoonshot.cn𝕏

Moonshot AI develops large language models for knowledge work and reasoning tasks.

AI & Machine LearningBeijing, CN

Browse all 212 investments with full details →

12 more tracked companies

运去哪运去哪 (YQN)邻几银河航天银河通用机器人锐锢商城长光辰芯阶梯医疗零壹肆材料领慧立芯鲲游光电齐禾生物科技

Frequently asked questions

What stage does Source Code Capital invest at?
Source Code Capital invests at the Seed, Series A, Series B, Growth stages.
What is Source Code Capital's typical check size?
Source Code Capital typically writes checks of $2M – $200M.
What sectors does Source Code Capital focus on?
Source Code Capital focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Healthtech, Robotics.
Where is Source Code Capital located?
Source Code Capital is headquartered in Beijing, CN.
Does Source Code Capital lead rounds?
Yes, Source Code Capital leads investment rounds.

Co-investors · 8

Qiming Venture Partners

Qiming Venture Partners is a China-focused venture capital firm that backs entrepreneurs across technology and healthcare sectors, taking active board and strategic roles from early rounds through public listings.

Both backed · 6
BirentechDPTechnologyGalbotMOBIKESynapsor京ICP备2023001594号-1
$5M – $134M
Morningside Venture Capital Limited

5Y Capital positions itself as entrepreneurs who happen to run a venture firm, focusing on finding founders with "crazy" visions that contradict market consensus when others dismiss them as unrealistic. The firm has built a track record of early bets on Chinese tech leaders like Kuaishou, Xiaomi, and SenseTime, while deliberately expanding into new domains like AI infrastructure and biotech despite having no prior experience in those sectors.

Both backed · 3
字节跳动 (ByteDance)Moody京ICP备2023001594号-1
$5M – $400M
Notable Capital

Notable Capital is an early-stage venture firm that partners closely with founders, providing hands-on operational support through a platform team of experienced operators across hiring, sales, leadership development, storytelling, and engineering.

Both backed · 2
Granite Asia

Granite Asia is a multi-asset investment platform based in Asia that partners with founders to build industry-leading companies, investing across private equity, private credit, and public markets.

Both backed · 2
$5M – $25M
General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

Both backed · 1
Stori
$30M
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.

$1.7M – $87M
Goodwater Capital

Goodwater Capital is a consumer technology investment firm backing entrepreneurs building companies across sectors such as housing, healthcare, food delivery, financial services, education, entertainment, and transportation.

$5M – $50M
BAI capital

BAI Capital is an investment firm with China expertise and a global network, focused on empowering future business leaders.

$3M – $100M

Firms observed investing alongside Source Code Capital, from public investor directories. Shared companies are the overlap with Source Code Capital's recorded portfolio.

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