Industry Newsroom

Source Code Capital Raises USD570 Million for Venture and Growth Strategies

China-focused venture capital fund manager Source Code Capital has reportedly raised a combined USD570 million for Source Code Venture Fund IV and Source Code Growth Fund I. Investors in the funds include sovereign wealth funds, endowments, foundations, pension funds, funds of funds, family offices, and executives from global companies. Source Code primarily targets technology-enabled Chinese startups in sectors such as finance, media, consumer services, enterprise services, retail, transportation, housing, education, and health care.