Source Code Capital has announced the closing of its latest USD $1 billion fundraise. With the completion of the new fundraise, the total assets under management at Source Code Capital have now reached a grand total of USD $2.5 billion and RMB 8.8 billion. This USD fundraise received enthusiastic backing from both new and old investors, with 100% re-up support from existing long-time Limited Partners ("LPs), representing strong cooperation between Source Code Capital and institutional LPs from all around the world.

Recently, Cao Yi, CEO and Founding Partner of Source Code Capital, shared his “Reflections from Six Years of Entrepreneurship and Investment at Source Code Capital” with the guests present at the 2020 Code Class Investor Conference and Smart Manufacturing Summit.

Today, Source Code Capital announced that Mr. Wang Wei officially joined as a Partner.

On October 13, 2020, Jason Wu, partner at Source Code Capital, was invited to the “3rd China Digital Summit” and delivered a keynote speech entitled " Realizing the value of robots in the Industrial Internet ".

Source Code Capital has announced the closing of its most recent RMB fund at RMB 3.8 billion. With the completion of this successful RMB Fund IV fundraise, the total funds under management at Source Code Capital have now reached a grand total of USD $1.5 billion and RMB 8.8 billion.

On August 13, 2020, Source Code Capital’s portfolio company, Ke Holding Inc.’s (“Ke Holding”) IPO landed on the New York Stock Exchange (stock code NYSE:BEKE), officially becoming China’s “leading housing services platform.”