Ruigu
锐锢商城
Ruigu (锐锢商城) is an industrial-supply e-commerce platform founded by Gao Yang, who serves as its CEO . The company started in East China and has since expanded nationally, focusing on supply-chain reconstruction, coverage of sub-terminal customers, and replication across industrial zones . Ruigu positions itself as a "digital brain" for the industrial-goods sector, aiming to drive end-to-end digital transformation across production, distribution, and services . Source Code Capital has been a particularly close backer, investing across five rounds from the seed stage through at least 2022, alongside investors such as Zhongding Capital, CDH Investments, and Chengcheng Capital . The company raised hundreds of millions of RMB in a Series C2 in 2020 and completed a $400 million funding round within six months as of mid-2022 . Xingshi Wang, now a partner at Source Code Capital, also participated in Ruigu's investment .
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Coverage
MaHui | MaHui Member "RuiGu Mall" Announces $400 Million Funding Round Completed Within Six Months — Previous Investor Source Code Capital Provided Continuous Support Across Five Rounds
Becoming the "Digital Brain" of the Industrial Goods Sector
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Provides end-to-end solid-state drive (SSD) controller solutions, with its chip products approaching mass production.
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Accelerating the digital transformation of China's industrial goods sector.
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Focus on long-term B2B investments in industrial internet, automotive and mobility, and other enterprise-facing sectors.
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Already serving hundreds of domestic clients across financial services, government, energy, and high-tech sectors.
Automotive parts supply chain company "Gandu Auto Parts" announced the completion of a seed and angel round totaling tens of millions of RMB, with Source Code Capital leading the angel round.
Over 100 international top-tier full-vehicle parts distributors and brand owners have joined the platform, with total SKUs exceeding 5 million.
Source Code Capital portfolio company "Ruigu Mall" announces completion of hundreds of millions of RMB in Series C2 funding; existing shareholder Source Code Capital continues to increase its stake
Covering nearly 100,000 end-customer locations across dozens of cities, with hundreds of thousands of electromechanical tools and hardware products delivered daily.
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**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.
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