Source Code Capital — Full Portfolio

Square is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses.

FintechRetail TechSaaSSan Francisco, US

Jack Dorsey(Co-founder)Brian Grassadonia(Executive Officer)Sivan Whiteley(Executive Officer)

BoardMary Meeker(Director)Jim McKelvey(Director)inRoelof Botha(Director)in

Co-investorsA*Bling CapitalCota CapitalCrunchFundHinge CapitalKleiner Perkins+13 more

Co-investorsInnoangel

Beatbot makes robotic pool cleaners that automatically remove leaves and debris from swimming pools.

ConsumerHardwareRobotics

Co-investorsMonolith Venture Advisory Limited

Co-investorsSoftBank Vision FundYi Capital Inc.

Co-investorsQiming Venture Partners

Co-investorsLegend Capital

Bota Bio operates a proprietary Biofoundry platform combining computational algorithms with biotechnology to accelerate design-build-test-learn cycles for bio-manufacturing.

BiotechFoodTechNew Materials

Co-investorsHongShan Capital GroupNSG VenturesMatrix Partners ChinaSherpa Healthcare Partners

ByteDance builds a portfolio of digital platforms and services focused on short-form video, content creation, e-commerce, and workplace collaboration, serving creators and consumers globally.

Creator EconomyE-commerceMedia & EntertainmentBeijing, CN

Yiming Zhang(Founder)inRubo Liang(Founder; Chairman of the Board)inZhang Yiming(Founder)

Co-investors3Comma CapitalAglae VenturesBase PartnersCoatue ManagementEvolution VC PartnersGaldana Ventures+15 more

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

Co-investorsChina Growth CapitalChina Impact VenturesFirstCheck AfricaMing capitalMonolith Venture Advisory Limited

CellBri develops tools and automation technologies for cell therapy development workflows, covering stages from benchtop preparation to full-suite processing.

BiotechHardwareHealthtech

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

Chengyang Tech develops electrochemical Power-to-X technology, including on-site equipment for low-carbon hydrogen peroxide production and metal-air flow batteries for grid-scale long-duration energy storage.

CleantechClimate TechEnergy

D5 builds an all-in-one 3D rendering and AI visualization ecosystem for architects and 3D artists, covering modeling, real-time photorealistic rendering, asset libraries, and interactive presentation.

AI & Machine LearningConstruction TechSaaS

DP Technology develops AI for Science tools and intelligent systems for scientific discovery, including its Uni-Fold/宇知 science discovery engine, computation and simulation software (Hermite, Piloteye), and the Bohrium research platform.

AI & Machine LearningBiotechDeep TechBeijing, CN

Linfeng Zhang(Founder)in

Co-investorsQiming Venture PartnersVision Plus Capital

DREO designs home comfort and kitchen appliances, including air purifiers, fans, space heaters, humidifiers, and smart cooking devices, controllable via a companion app and voice commands.

ConsumerHardwareIoT

Edianyun (易点云) rents out office IT equipment — desktops, laptops (Lenovo, ThinkPad, HP, Apple), monitors, and printers — to businesses on a monthly, deposit-free, pay-as-you-go basis with full warranty and maintenance.

Enterprise SoftwareFuture of WorkHardware

Co-investorsGICShunwei Capital

ESWIN develops chips and semiconductor solutions, produces silicon materials, and works on ecosystem/supply-chain development.

HardwareNew MaterialsSemiconductors

Co-investorsChina Internet Investment FundIDG CapitalLegend CapitalShang Qi Capital

Xianglu Technology develops automatic cooking robots/machines, marketed under the brand "美膳狮" with a product line including the "小钢炮2K" model.

FoodTechHardwareRobotics

Co-investorsQiming Venture Partners

Hongan (厨芯) develops smart commercial dishwashers and automated cooking equipment for restaurants and food service businesses.

FoodTechHardwareRobotics

Co-investorsLinear Capital

ICECO is a manufacturer and seller of portable freezers and refrigerators, offering after-sales support and distribution across markets including China, the US, and the UK.

ConsumerHardware

KEENON Robotics develops service robots and integrated solutions, including autonomous delivery robots, guiding robots, and disinfection robots for sectors such as catering, hotels, hospitals, retail, and recreation.

HardwareIoTLogistics & Supply ChainRobotics

Co-investorsSoftBank Vision FundVertex Ventures ChinaYunqi Partners

Co-investorsProsperity7 Ventures

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

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

Innovator in China's new energy vehicle market designing and manufacturing premium smart electric vehicles (NASDAQ: LI).

Co-investorsVision Plus Capital

Co-investorsHike Capital

Mech-Mind develops industrial 3D cameras, laser profilers, and AI machine vision and deep learning software that let robots perform picking, palletizing, assembly, and quality inspection tasks without coding.

AI & Machine LearningHardwareRobotics

Meshy is an AI-powered 3D model generator that turns text prompts and images into 3D models, with tools for texturing, rigging, animation, and export in industry-standard formats.

AI & Machine LearningDeveloper ToolsGaming

Metis Pharma applies AI to design nanomaterials such as lipid nanoparticles (LNPs) for targeted drug delivery, using techniques like molecular dynamics simulation of endosomal escape.

AI & Machine LearningBiotechDeep Tech

Meituan operates a digital platform for services retail and goods retail, connecting consumers with local businesses and merchants.

E-commerceFoodTechMarketplaces

Xing WANG 王兴(Founder)in

Co-investorsCoatue ManagementMSA NovoQiming Venture Partners

Moody sells daily disposable colored contact lenses direct to consumers, offering spherical lenses in cosmetic colors such as the GlowyLock Moonstone Blue.

ConsumerDirect to ConsumerE-commerce

Co-investorsGranite AsiaMorningside Venture Capital LimitedPlum Ventures

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

AI & Machine LearningBeijing, CN

Co-investorsCathay InnovationK3 VenturesMonolith Venture Advisory LimitedXiang He Capital

Weimai provides an internet-based healthcare service platform in China that offers full-course disease management, connecting patients with hospitals and doctors for in-hospital and post-discharge care.

Digital HealthHealthtechSaaS

Co-investorsCenova Capital

North Ocean Photonics develops and manufactures wafer-level optics and integrated photonics products, with in-house capabilities spanning R&D, master fabrication, mass production, and quality control.

Deep TechHardwareSemiconductorsShanghai, CN

OPay is a digital payment and financial services platform offering mobile wallet transfers, airtime and data top-ups, bill payments, a debit card, and interest-bearing savings for consumers.

ConsumerFintech

Co-investorsHongShan Capital GroupSoftBank Vision FundZhenFund

PERA Global (安世亚太) develops PERA SIM, a suite of engineering simulation software covering structural mechanics, computational fluid dynamics, electromagnetics, meshing, co-simulation, and data visualization, along with a simulation cloud platform and knowledge-sharing platform.

Advanced ManufacturingDeep TechSaaS

RELX (悦刻) is a Chinese company founded in January 2018 that develops, designs, manufactures, and sells branded e-cigarette/vaping products for adult consumers.

Advanced ManufacturingConsumerHardware

Co-investorsHike Capital

Sand.ai develops AI video generation models, including Magi-1.1, described as an autoregressive video model, and offers an API platform and tools for creating with its Magi models.

AI & Machine LearningDeep TechMedia & Entertainment

Co-investorsXiang He Capital

SiBionics develops medical technologies and products including a continuous glucose monitoring device that requires no fingerstick blood calibration, and an AI-based fundus lesion diagnostic software using deep learning.

AI & Machine LearningDigital HealthMedical Devices

SIBIONICS makes the GS1, a calibration-free continuous glucose monitoring (CGM) sensor worn on the arm for up to 14 days, paired with a mobile app that stores glucose data and generates AGP reports.

Digital HealthHealthtechMedical Devices

Zhejiang Sinopont Technology, founded in 2006, develops, manufactures, and sells encapsulant films for photovoltaic solar modules, including POE, EPE, white film, and EVA product lines with customization options.

CleantechEnergyNew Materials

A company focused on research, development, and application of high-speed flight technology, including rocket software and flight test data sharing such as base pressure measurement data for rockets of varying diameters.

Deep TechHardwareSpace Tech

StairMed develops invasive brain-computer interface technology, including ultra-flexible micro-nano electrodes, an implantation-assist device, an implantation surgical robot, and a high-throughput neural signal acquisition system.

Deep TechHealthtechMedical Devices

Co-investorsOrbiMed

星锐医药 (StarNA Tx) develops RNA-based therapeutics built around lipid nanoparticle (LNP) drug delivery systems.

AI & Machine LearningBiotechDeep Tech

Stori offers a mobile app with consumer financial products in Mexico, including a no-annual-fee credit card with up to 10% cashback, an interest-bearing debit account, and personal loans.

ConsumerFintechMexico City, MX

Bin Chen(Founder)inGY L(Founder)Guangyu (GY) L(Founder)inSherman He(Founder)in

Co-investorsGeneral CatalystNotable CapitalVision Plus CapitalZMT Capital

Sunwoda is a battery manufacturer with experience developing and producing batteries for smartphones, laptops, tablets, hybrid and electric vehicles, and energy storage systems.

CleantechEnergyHardware

Ostar (欧态) develops an AI-powered continuous glucose monitoring (CGM) system, using self-developed biosensors and a wearable device to provide near-painless, continuous blood glucose tracking.

AI & Machine LearningDigital HealthMedical Devices

Co-investorsQiming Venture Partners

San Francisco, US

Richard Xu(Founder)

TenaFe develops SSD controllers, including the TC2300 PCIe Gen5 DRAMless controller built on TSMC's 6nm process, designed for AI workloads, edge computing, and high-performance solid-state drives.

AI & Machine LearningHardwareSemiconductors

Co-investorsTyche Partners

Tmall is an online shopping platform operated within the Taobao/Alibaba ecosystem, offering a wide range of branded goods including apparel, beauty, home appliances, and digital electronics from domestic and international brands.

ConsumerE-commerceMarketplaces

Co-investors01vcGeneral AtlanticVertex Ventures China

Unisun Energy (联盛新能源) provides distributed clean energy services for commercial and industrial customers, including rooftop solar (BIPV/BAPV), energy storage systems, and green electricity operations and maintenance.

CleantechClimate TechEnergy

usmile sells electric toothbrushes, including models with a smart screen and multiple brushing modes, marketed directly to consumers for oral care.

ConsumerDirect to ConsumerHardware

Wang Xiaolu is a Chinese snack brand founded in 2016 in Beijing, known for its "tiger-skin" braised chicken feet as its core product.

ConsumerDirect to ConsumerFoodTechBeijing, CN

Co-investorsVertex Ventures China

林海洲(Founder)

Xinchao Media Group operates a network of over 700,000 smart elevator screens across 205 Chinese cities, delivering advertising to residential communities.

AdTechMedia & Entertainment

Co-investorsHike Capital

Yunquna (运去哪) provides international logistics and cross-border e-commerce supply chain services, including ocean, air, and rail freight, trucking, customs clearance, insurance, overseas warehousing, and last-mile fulfillment.

E-commerceLogistics & Supply ChainSaaS

Co-investorsXiang He Capital

中海储能 (CAS Energy) develops iron-chromium redox flow battery energy storage systems for large-capacity, long-duration storage in new energy projects.

CleantechEnergyHardwareBeijing, CN

Co-investorsFortune Venture Capital

Unitree develops and sells quadruped ("robot dog") and humanoid robots, along with related hardware such as 4D LiDAR sensors, for industrial, research, and consumer applications.

AI & Machine LearningHardwareRobotics

Co-investorsHongShan Capital GroupVertex Ventures China

Co-investorsMiracle Plus

Case-handling warehouse robotics specialist providing intelligent warehouse automation solutions.

Co-investors01vcHongShan Capital Group

Beijing-based technology company providing quality residential rental products and services.

Co-investorsHundreds CapitalSoftBank Vision FundWarburg Pincus

Tech-driven housing services platform (NYSE: BEKE; SEHK: 2423).

Co-investorsHongShan Capital Group

YQN is a digital freight forwarding platform offering ocean, air, and railway freight, cross-border e-commerce logistics, warehousing, customs clearance, and inland delivery.

Co-investorsCoatue ManagementDCM VenturesXiang He Capital