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Source Code Capital

https://sourcecodecap.com/
Last activity: 02.04.2026
Active
Invests in categories: ServiceITTechnologyProductFinTechPlatformAIIndustryE-commerceManagement
Portfolio
80
Mentions
18
Investment Stage: Series C

Portfolio 80

DateNameWebsiteTotal RaisedLocation
02.04.2026上海阶梯医疗科技有限...stairmed.com$500MChina
14.06.2023General Wa...generalwatertech.com-China, Sha...
17.02.2022BUDpointone.tech-China, Gua...
17.02.2022Dustessdustess.com--
17.02.2022Taichi Gra...taichi.graphics$50M-
15.10.2021PERA GLOBA...peraglobal.com-China, Bei...
15.10.2021ENGRIOengrid.cn--
15.10.2021Jianhai Te...justhealth.cn$101MChina, Zhe...
15.10.2021Galixirgalixir.com-China, Bei...
15.10.2021usmileusmile.com--
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Mentions in press and media 18

DateTitleDescription
03.04.2026China's BMI Frontier: StairMed Fuels Next-Gen Human-Machine IntegrationStairMed secured RMB 500 million ($69M) from Alibaba, Tencent, and others. This investment accelerates brain-machine interface (BMI) and neuromodulation development. The company progresses 256-channel BMI clinical trials in China, pioneerin...
02.04.2026StairMed Secures RMB 500 Million Financing Led by Alibaba, Joined by TencentSHANGHAI, April 2, 2026 /PRNewswire/ -- Shanghai StairMed Technology Co., Ltd. ("StairMed" or "the Company") recently announced the closing of a strategic financing round totaling RMB 500 million. The round was led by Al...
02.04.2026StairMed: RMB 500 Million (About $69 Million) Raised For Brain Machine Interface DevelopmentShanghai-based StairMed has secured RMB 500 million in a new financing round led by Alibaba, with participation from existing investors including Tencent, Fountainbridge Capital, OrbiMed, Oriza Seed, Qiming Venture Partners, Lilly Asia Vent...
13.03.2026Alibaba leads RMB 500 million investment in BCI startup StairMedStairMed, a brain-computer interface (BCI) developer, has secured RMB 500 million (USD 72.7 million) in a funding round led by Alibaba Group, with participation from SDIC Unity Capital. Existing investors including Tencent, FountainBridge C...
14.01.2026China Deal Review: Market rebound drives startup funding to $5.5b in Dec-
14.11.2025Source Code Capital closes latest dual-currency fund series at $600mSource Code Capital, the venture capital (VC) firm behind ByteDance and Meituan, has raised $600 million for its dual-currency growth funds to focus on thematic opportunities around China’s artificial intelligence (AI) and going-global mega...
05.05.2025China’s PE-VC market braces for shakeup as tough times weed out trailing GPsThe ongoing reshuffle in Greater China’s private investment market is expected to intensify as significant macro challenges eliminate trailing managers with unwanted “zombie funds”.
11.11.2024Meituan co-founder returns to lead company’s AI ambitionsWang Huiwen, a co-founder of Meituan and founder of Light Year (Guangnian Zhiwai), has returned to Meituan to lead its artificial intelligence efforts. His team, internally known as “GN06,” is focused on AI companions and chatbots. Job list...
24.05.2024Prominent ByteDance investor preps new $300m AI-centered fund: reportInvestmentsNews Miguel Cordon · 1d ago · 1 min readProminent ByteDance investor preps new $300m AI-centered fund: report Photo Credit: Shutterstock Source Code Capital, an early investor of TikTok parent firm ByteDance, is preparing a US$30...
15.12.2021Cross-border E-commerce SaaS Service Provider Lingxing Secures $44 Million Round C Financing, Source Code Capital Joins inLingxing, a cross-border e-commerce SaaS service provider, announced on Wednesday that it had completed a round C financing worth RMB 280 million ($44 million) led by Xianghe Capital and followed by its previous shareholders such as Source ...
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