Source Code Capital

Source Code Capital, founded in 2014, is a prominent venture capital firm based in Beijing, China, specializing in the technology, media, and telecommunications (TMT) sectors. With approximately $1.5 billion in assets under management, the firm invests in both early-stage startups and growth-stage companies, having partnered with nearly 150 leading Chinese technology founders, including notable firms such as Bytedance and Meituan. Source Code Capital focuses on three key drivers: Internet+, AI+, and Global+, and allocates investments across various sectors, including finance, media and entertainment, consumer services, enterprise, retail, transportation, housing, education, and healthcare. Additionally, the firm offers a comprehensive post-investment platform that provides startups with mentorship, resources, and insights to support the growth and success of their ventures.

Charlie Cao

Managing Partner / Founder

Chang Kaisi

Managing Director

Runze Chen

Executive Director

Hao Chen

Vice President

Dandan Chen

Executive Director

Wu Fan

Managing Director

Yiwen Hao

Vice President

Yungang Huang

Partner

Di Wang

Managing Director

Jian Wu

Partner

Tong Xiang

Partner

Lei Xin

Vice President

Hongjiang Zhang

Venture Partner

Past deals in Consumer Electronics

PowerOak

Venture Round in 2022
Developer of distributed energy storage products and microgrid technology. The company's development content covers off-grid two-way inverter, battery management and control, solar or wind energy control, industrial control, remote control and other related software and hardware systems, providing clients with solutions for household or commercial photovoltaic energy storage systems.

Senmu Leishi

Venture Round in 2022
Senmu Leishi is a research and development company for digital power supplies. They provide cycle solutions for digital power supplies. The products are the PPEC digital power supply control core and easyGo power electronics. The promoter of power electronics discipline and industry change They work in fields like industries and fields such as electric power, new energy, military industry, environmental protection, medical care, universities, and scientific research institutes.

Point One

Series B in 2022
Building the next-gen consumer products!

Alpha Cen

Seed Round in 2022
Alpha Cen is a developer of wafer-level metasurface light control chips and modules. It offers a semiconductor IC-compatible process to integrate micro-nano optical metasurfaces with circuits, light sources, and photodetectors.

CassTime

Series C in 2020
Shenzhen Casstime Technologies Co., Ltd. operates a B2B trading platform focused on the automotive aftermarket, specifically for automobile spare parts. Founded in 2015 and headquartered in Shenzhen, China, the company caters to well-known brands such as Mercedes-Benz, BMW, and Audi. Casstime's platform facilitates vehicle repair and maintenance services by allowing users to book appointments with registered enterprises. In addition to its trading platform, the company offers a SaaS management system for workshops, supply chain finance, and logistics services. This comprehensive marketplace provides price inquiries, streamlined settlements, and aftersales support, enhancing the overall transaction experience for parts and accessories sellers.

CassTime

Series C in 2019
Shenzhen Casstime Technologies Co., Ltd. operates a B2B trading platform focused on the automotive aftermarket, specifically for automobile spare parts. Founded in 2015 and headquartered in Shenzhen, China, the company caters to well-known brands such as Mercedes-Benz, BMW, and Audi. Casstime's platform facilitates vehicle repair and maintenance services by allowing users to book appointments with registered enterprises. In addition to its trading platform, the company offers a SaaS management system for workshops, supply chain finance, and logistics services. This comprehensive marketplace provides price inquiries, streamlined settlements, and aftersales support, enhancing the overall transaction experience for parts and accessories sellers.

Ruigu

Series B in 2018
Founded in 2013, Ruigu is an e-commerce platform focused on the Chinese electrical hardware sector.

RELX Technology

Series A in 2018
Founded in early 2018, RELX Technology is an independent e-cigarette brand specializing in the development of cutting-edge products exclusively for existing adult smokers. Based in Beijing, the company's products are sold in over 50 countries. The company is the market leader in China, and boasts a product portfolio (under the RELX brand) spanning four distinct product lines and a smartphone app. Driven by its mission to empower adult smokers through technology and design by ethical means, RELX Technology is recognized as a socially-responsible corporation by the Chinese government. The company invests intensively in its R&D wing, and leverages AI and facial recognition technology to reduce underage access to its products.

Huishoubao

Series B in 2017
Shenzhen Huishoubao Tech Co., Ltd. operates a mobile phone recycling platform in China, focusing on the refurbishment and resale of used devices. The company offers a comprehensive service through its platform, where customers can evaluate their used mobile phones online, arrange for courier pickup, and negotiate final prices after inspection. Founded in 2014 and headquartered in Shenzhen, Huishoubao caters to both individual consumers and second-hand mobile phone dealers by providing a streamlined method for recycling and trading devices. The company's team brings expertise from various sectors, including the internet, supply chain, and the mobile phone industry, enhancing its ability to manage the entire recycling process effectively while leveraging resources throughout the digital product supply chain.

Ruigu

Series B in 2017
Founded in 2013, Ruigu is an e-commerce platform focused on the Chinese electrical hardware sector.

Ruigu

Series A in 2016
Founded in 2013, Ruigu is an e-commerce platform focused on the Chinese electrical hardware sector.

GeekPark

Series A in 2016
GeekPark is a Chinese community designed for innovators and entrepreneurs, founded by Jack Zhang. The company operates an online media platform that delivers real-time updates on product manufacturers, focusing primarily on Internet products and technology trends. GeekPark aims to facilitate connections among outstanding entrepreneurs and industry resources by offering comprehensive information, including insightful product reports and high-quality industry trend analyses. Additionally, it organizes offline conferences to foster collaboration and exchange within the innovation ecosystem in China.

RobotLeo

Angel Round in 2015
RobotLeo, founded in 2014 and based in Beijing, China, specializes in the manufacturing of intelligent companion robots for domestic use. The company is dedicated to the research and development of advanced robots that incorporate artificial intelligence and sensory technology. Its product offerings include family robots designed to engage in simple human interactions and provide on-demand personal care for both children and the elderly. Additionally, RobotLeo has developed a range of security surveillance solutions, featuring AI-powered smart patrol robots and 2D depth surveillance cameras. Through its innovative approach, RobotLeo aims to enhance daily life and safety in home environments.

Huishoubao

Angel Round in 2015
Shenzhen Huishoubao Tech Co., Ltd. operates a mobile phone recycling platform in China, focusing on the refurbishment and resale of used devices. The company offers a comprehensive service through its platform, where customers can evaluate their used mobile phones online, arrange for courier pickup, and negotiate final prices after inspection. Founded in 2014 and headquartered in Shenzhen, Huishoubao caters to both individual consumers and second-hand mobile phone dealers by providing a streamlined method for recycling and trading devices. The company's team brings expertise from various sectors, including the internet, supply chain, and the mobile phone industry, enhancing its ability to manage the entire recycling process effectively while leveraging resources throughout the digital product supply chain.

Qudian

Series E in 2015
Qudian is an electronics retailer from China that provides installment payment and investment management platform for micro-lending to fulfill short term financial needs.

Microwave Store

Angel Round in 2015
Beijing Microwave Store Co., Ltd provides an online platform for radio frequency and microwave components based in Beijing, China.

Qudian

Series D in 2015
Qudian is an electronics retailer from China that provides installment payment and investment management platform for micro-lending to fulfill short term financial needs.

ETCP

Series A in 2015
ETCP is the world's leading brand of intelligent parking industry, the wisdom of China's parking industry, founder and leader. Under the care and guidance of the relevant ministries and commissions of the state, Beijing Yuechang Technology Co., Ltd. was established in Beijing in 2012 with the guidance of the Chinese Government's strategy of building a smart city to enhance the urban public service management capability. The Group is headquartered in Beijing CBD Business, in the United States, Hong Kong and China a second-tier cities with core (sub) nearly 20 companies, holding and equity participation in more than 10 industry-related enterprises, the size of thousands of employees, enterprise market value of more than 4 billion yuan.

Qudian

Series C in 2014
Qudian is an electronics retailer from China that provides installment payment and investment management platform for micro-lending to fulfill short term financial needs.

Qudian

Series B in 2014
Qudian is an electronics retailer from China that provides installment payment and investment management platform for micro-lending to fulfill short term financial needs.
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