Source Code Capital

Source Code Capital, established in 2014, is a prominent venture capital firm based in China, specializing in the Technology, Media, and Telecommunications (TMT) sectors. With approximately $1.5 billion USD and RMB 3.5 billion under management, the company invests in both early-stage startups and growth-stage companies, focusing on three key areas: Internet+, AI+, and Global+. Their portfolio spans across various sectors, including media and entertainment, consumer services, enterprise, finance, retail, transportation, housing, education, and healthcare. Since its inception, Source Code Capital has successfully partnered with nearly 150 leading Chinese technology founders, such as Bytedance and Meituan. The firm offers a comprehensive range of post-investment services, mentorship, resources, and global perspectives to support its portfolio companies and their founders.

Yi (Charlie) Cao

Managing Partner

Chang Kaisi

Partner

Runze Chen

Executive Director

Chen Hao

Investment Professional

Dandan Chen

Executive Director

Past deals in Smart Home

Xingmai Innovation

Series A in 2024
Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.

Xingmai Innovation

Angel Round in 2023
Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.

Eswin Materials

Series C in 2022
Eswin Materials manufactures electronic-grade silicon single crystal polished wafers and epitaxial wafers for electronic and EV industries.

Banrixian

Seed Round in 2022
Banrixian is a home technology brand.

Narwal Robotics

Series C in 2020
Narwal Robotics, officially known as Yunjing (Narwal) Intelligence Technology (Dongguan) Co., Ltd., specializes in the design, development, and production of intelligent cleaning robots. Founded in 2016 and headquartered in Dongguan, China, with an additional office in Shenzhen, the company targets the high-end consumer market. Its flagship product, the Narwal T10, is a self-cleaning robot designed for automated mopping and floor cleaning, utilizing advanced navigation positioning, map construction, and structural design. This technology allows for efficient unmanned cleaning services, providing consumers with convenience and effective cleaning solutions.

Narwal Robotics

Series B in 2020
Narwal Robotics, officially known as Yunjing (Narwal) Intelligence Technology (Dongguan) Co., Ltd., specializes in the design, development, and production of intelligent cleaning robots. Founded in 2016 and headquartered in Dongguan, China, with an additional office in Shenzhen, the company targets the high-end consumer market. Its flagship product, the Narwal T10, is a self-cleaning robot designed for automated mopping and floor cleaning, utilizing advanced navigation positioning, map construction, and structural design. This technology allows for efficient unmanned cleaning services, providing consumers with convenience and effective cleaning solutions.

RobotLeo

Angel Round in 2015
RobotLeo, founded in 2014 and based in Beijing, China, specializes in the research and development of intelligent companion robots for domestic use. The company designs and develops home robots equipped with advanced artificial intelligence and sensory technology, enabling them to engage in simple human interactions. These robots are tailored to provide on-demand personal care for children and the elderly, enhancing the quality of life for families. Additionally, RobotLeo offers products that include security surveillance solutions, featuring smart patrol robots and 2D depth surveillance cameras, further expanding their focus on safety and support within the home environment.
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