ErGeng
二更
ErGeng (二更) is a Chinese short-video company that raised multiple funding rounds between 2016 and 2018, positioning itself as an industry leader in the short-video sector. Its RMB 100 million Series B+ round in August 2017 was led by Yunfeng Capital with follow-on from Source Code Capital, adding to an earlier RMB 150 million Series B in January 2017 led by VisionPlus Capital and an over-RMB-50 million Series A in March 2016 from ZhenFund and Cornerstone Capital . The company maintained platform partnerships with Weibo and Alibaba's Tudou, which cited ErGeng as evidence of the short-video industry's rapid growth . Source Code Capital, which invested across several rounds, described ErGeng as a "short-video industry leader" in its 2017 coverage . elsewhere's corpus does not cover developments after 2018.
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Coverage
Source Code Capital and Portfolio Companies Win Multiple Awards at 36Kr's 2018 "King of New Economy"
The King of the New Economy — let us see the future.
The Fourth Annual Ma Hui Conference Successfully Held, CEOs Gather to Share Entrepreneurship Insights, Four Companies Announce Completed Financing Rounds | Ma Hui Journal · April
**Source Code Capital Newsletter:** Here we record the small steps of progress made by our team members, share the joy of growth, and look forward to an even brighter future.
Two Acquisitions Completed, Six Companies Strategically Upgraded: Lianjia Pushes Into Franchise New Track | Code Club Magazine · February
【Ma Hui Journal】A place to record the small steps forward, share the joy of growth, and look ahead to an even brighter future.
Asset360 Closes New Funding Round; Existing Investor Source Code Capital Continues to Increase Stake
End-to-end, one-stop services covering the full lending lifecycle — from pre-loan origination and mid-loan management through post-loan collection and resolution.
Hai Feng Education Raises Tens of Millions of Dollars in Series C Funding from TAL Education Group and Source Code Capital
Following its Series B round in July 2017, this marks the second round of funding Hai Feng Education secured within six months.
Source Code Capital 2017: The Year of Establishing Our Footing
Never Settle
ByteDance Named World's Strongest AI Startup by CB Insights, Six Companies Announce Business Upgrades | Source Code Capital Briefing · December
【Source Code Capital Journal】Here we record our teammates' step-by-step progress, share the joy of growth, and look forward to an even brighter future.
3 Companies Secure Additional Funding, 1 Lists on NYSE, 6 B2B Firms Win Multiple Awards | Source Code Capital Monthly · October
**Ma Hui Journal:** A place to record the small steps forward of our community members, share in the joy of growth, and look toward an even brighter future.
Zhangshang Fucai Raises RMB 20 Million Angel Round from Source Code Capital and Buhuo Ventures
Zhangshang Fucai is, in simple terms, the JD.com of the renovation materials space.
Source Code Capital Portfolio Company Qudian Successfully Lists on the New York Stock Exchange | Live Photo Report
China's leading fintech company Qudian Inc. (NYSE: QD) listed on the New York Stock Exchange in the United States.
Ma Hui Ecosystem in August: Funding, Upgrades, and Honors | Ma Hui Chronicle
**Source Code Capital Chronicle**: A place to record our team's small steps forward, share the joy of growth, and look toward an even brighter future.
ErGeng Closes RMB 100 Million Series B+ Round Led by Source Code Capital, Cementing Its Position as a Short-Video Industry Leader
Today ErGeng announced the completion of a 100 million yuan Series B+ round, led by Yunfeng Capital with participation from Source Code Capital.
