Source Code Capital Venture Capital Firm and Investment Focus

Source Code Capital is a venture capital firm that focuses on investing in early-stage technology companies. They have a strong track record of supporting innovative startups.

Source Code Capital was founded in 2016 by a group of experienced investors who share a passion for technology and entrepreneurship.

Their investment focus is on software and technology companies, with a particular emphasis on artificial intelligence, cybersecurity, and cloud computing.

Source Code Capital's investment strategy is focused on backing exceptional founders who are tackling some of the world's most complex problems.

They target companies in the enterprise software space, with a focus on artificial intelligence, machine learning, and cybersecurity.

Their investment approach is highly selective, with a small number of investments made each year.

Source Code Capital invests in a wide range of sectors, including To B and To C industries. It focuses on making early- and growth-stage investments in these areas.

The firm's investment roadmap, known as the "Big 3 Fundamental Drivers", includes Internet+, AI+, and global+ industries. Global+ refers to Chinese businesses that focus on the international market.

Source Code Capital has invested in over 300 startups since its establishment in 2014. These startups are primarily in the fields of scientific and technological innovation, small- and medium-sized enterprises, and green development.

Some of the specific industries the firm has invested in include industrial digitalization, artificial intelligence, robotics, advanced manufacturing, green development, enterprise software, life sciences, new consumption, and new brands.

Source Code Capital's investment strategy is quite focused on specific stages of company growth. They tend to invest in companies that are already showing some traction.

Their Stage A investments are the most common, with 76 companies receiving funding at this stage. This suggests they're looking for companies with a solid foundation and a clear path to growth.

In contrast, their Series B investments are significantly fewer, with only 41 companies receiving funding at this stage. This could indicate they're more selective in their later-stage investments.

Here's a breakdown of their investment stages:

Their focus on earlier-stage investments suggests they're looking for companies with high growth potential and a strong foundation.

Source Code Capital has a strong presence in the Chinese market, with a focus on investing in companies in the Yangtze River Delta region. This region is home to many innovative startups and established companies in the technology and biotech sectors.

The company's geographic focus is also evident in its investment in companies with a strong presence in China's Tier 1 cities, such as Shanghai and Beijing. These cities offer a large pool of talent and a thriving entrepreneurial ecosystem.

By focusing on the Yangtze River Delta region and Tier 1 cities, Source Code Capital is well-positioned to capitalize on China's growing tech industry.

Investing in a specific geographic region can be a great way to diversify your portfolio and tap into local economic growth.

Companies in the Asia-Pacific region, such as those in China and India, are expected to drive economic growth in the coming years.

Investing in emerging markets can be a high-risk, high-reward strategy, with companies in these regions often offering higher growth potential than those in more mature markets.

The US is home to many of the world's largest and most successful companies, making it a popular destination for investors.

Investing in the US can provide access to a highly developed financial system and a large, liquid market.

In China's primary market crisis, Foreigners Only (FO) jobs are in high demand.

The crisis has led to a surge in job openings for foreigners, with many companies looking to hire international talent to help navigate the economic downturn.

According to data from the article, 75% of companies in China's primary market are looking to hire foreigners for key positions.

One major industry where FO jobs are in high demand is finance, with 60% of financial institutions seeking foreign talent to help stabilize their operations.

The article highlights the growing importance of language skills in the job market, with 80% of companies requiring English language proficiency for FO job applicants.

Source Code Capital has a diverse portfolio of companies across various stages of growth. They've invested in companies like Light Years Beyond, which they acquired on June 30, 2023, after first investing on June 5, 2023.

Their portfolio includes companies that have gone public, such as Pagoda, which had an IPO on January 16, 2023. Source Code Capital also invests in companies at the seed stage, as seen with Wind, which they first invested in on November 21, 2018.

Here are some of the companies in Source Code Capital's portfolio, grouped by stage of investment:

Source Code Capital has a strong track record of fundraising, with a total of $1 billion raised in fresh funds.

The firm has established a significant presence in the Chinese venture capital market, with a total capital under management of $2.5 billion and 8.8 billion yuan.

Source Code Capital has a diverse range of funds, including Source Code Fund I, Source Code Fund II, and Source Code Fund III, each with its own committed capital and TVPI (Total Value to Paid-In Capital) and DPI (Distribution to Paid-In Capital) by 2022.

Here is a breakdown of Source Code Capital's funds:

The firm's latest fundraise was completed in just over three months, and it has attracted a range of new and existing investors, including national-level government-guided funds and insurance institutions.

Source Code Capital has a diverse portfolio of companies across various stages of growth. They have invested in companies like Light Years Beyond, which was acquired on June 30, 2023, with a first round of investment in Series D worth $230M.

The firm has a clear preference for investing in companies at the Series A stage, with 76 investments in this category. This is followed by Series B, Seed, Series C, Angel, and Others, with 41, 36, 11, 6, and 6 investments respectively.

Source Code Capital has also had success with companies that have gone public, such as Pagoda, which IPO'd on January 16, 2023, after a first round of investment in Series B worth $231M. The firm has invested in companies across various industries, with a focus on growth and potential.

Here's a breakdown of the companies acquired by Source Code Capital:

The firm has also invested in companies that have gone public, such as Pagoda, which IPO'd on January 16, 2023, after a first round of investment in Series B worth $231M.

At Source Code Capital, partnerships are a key part of their strategy to drive innovation and growth.

The firm partners with top-tier venture capital funds to co-invest in the most promising startups. They also collaborate with leading industry experts and researchers to stay ahead of the curve and identify emerging trends.

Source Code Capital's partnerships allow them to tap into a vast network of resources, expertise, and deal flow, giving them a competitive edge in the market. Their partners include top-tier venture capital funds and leading industry experts.

By working together, Source Code Capital and their partners can provide more comprehensive support to their portfolio companies, helping them to scale and succeed. They also gain access to a wider range of investment opportunities and a deeper understanding of the market.