RELX
悦刻
RELX is a Chinese e-cigarette brand founded by Kate Wang (汪莹), a former Uber employee who described the company's mission as helping adult smokers transition from "carriages and diesel vehicles to electric vehicles" — analogizing vaping as a technological leap comparable to the shift from gas to electric lighting . Source Code Capital led RELX's angel round in 2018 and continued to double down through its Series A, with the investment becoming a signature deal for partner Yungang Huang after he joined the firm from Matrix Partners China . The fund later cited RELX as one of its seed-stage "unicorns" alongside companies like Narwal and Chuxin . Huang's investment in Wang, who came from the ride-hailing world, represented something of a thematic continuation of his earlier bet on Kuaidi Dache .
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Coverage
Source Code Rhythm's Yungang Huang: From Gobi Desert Youth to Fund Captain
The rhythm moves because we believe the world has its own laws.
Yungang Huang, Source Code Rhythm: My Aksu
"West Lake is so beautiful, I want to jump right in."
Vol.003 | In Conversation with Huang Yungang: From Moving Bricks in Xinjiang to VC — My Folded Life
Code Moment | Source Code Capital Launches Seed-Stage Investment Initiative
Bet on your leap of faith
Xingchen Zhang | Source Code Capital: A Single Grain of Conviction, Betting on Your Leap of Faith
Cross mountains and seas to discover a precious seed.
Source Code Capital's Xingshi Wang and Yungang Huang Named MVIP Young Investors of the Year and Best Digital Healthcare Investor
MVIP of the Year, Best Investor in Digital Healthcare.
Source Code Capital Donates 5 Million Yuan to Support Flood Relief and Rescue Efforts in Henan
May peace come to Henan
How Young Consumers Powered This Year's 618 Shopping Festival: A Look at Source Code Capital's New Consumption Bets
Seeking founders who pursue product excellence
Source Code Capital Closes $1 Billion New Fund Raise
Be the investment firm with the most entrepreneurial spirit
Technology-Powered New Consumer Brands: It's Only Just Begun | Source Code Capital 2019
"Knowledge Capital, Deep Practice" — Source Code Capital's 2019 Ma Hui annual conference brought together the founders and CEOs of Linji Convenience Store, WeiMai, Juli Xinfang, RELX, and Qingzhu Hotel to explore how technology empowers new consumption.
