Ruigu
锐锢
Ruigu (锐锢商城) is an industrial-supply e-commerce platform founded by Gao Yang, who serves as its chairman and CEO . Source Code Capital has been a long-term backer since Ruigu's Series A in 2016, continuing through at least five rounds of funding including a seed-stage check and subsequent follow-ons in 2020 and 2022 . The company has raised hundreds of millions of RMB in individual rounds, with one $400 million funding tranche completed within a six-month span as of mid-2022 . Gao Yang has described Ruigu's ambition as becoming the industry's "digital brain" to drive end-to-end digital transformation in industrial production, distribution, and services . Xingshi Wang, now a partner at Source Code Capital, was also involved in the firm's investment in Ruigu . elsewhere's corpus does not cover more recent developments beyond 2022.
AI-generated — may contain errors, please verify.
Coverage
Source Code Capital closes fifth RMB fund, raising over 7 billion yuan to back tech innovation and SMEs
Invest early, invest small, invest in tech
Let's meet today — I'll be waiting for you at the Shenzhen office!
Source Code Capital's Shenzhen office is now officially open, embedding itself at the cutting edge of South China's tech innovation and riding the new wave of smart manufacturing!
Source Code Capital announced that Wei Wang has officially joined as a partner.
After joining, Wang Wei will support Source Code Capital's portfolio companies on capital markets matters, drawing on his years of experience to empower companies with capital markets development needs.
Source Code Capital Closes RMB 3.8 Billion for Fourth RMB Fund
Late-stage investment, qualitative transformation, organizational capability
Source Code Capital Wins Multiple Awards in Zero2IPO's 2020 China Equity Investment Annual Rankings
Create Lasting, Real Value
Forbes Releases Major Rankings, Source Code Capital's Yi Cao and Yungang Huang Make the List
Create lasting, real value.
Where Are the Boundaries of Industrial Internet? | Source Code Capital 2019
"Knowledge Capital, Deep Practice" — at Source Code Capital's 2019 Ma Hui annual conference, the founders and CEOs of Xiaoyaoyao, Yijiupi, ZNLH, and YQN Logistics were invited to explore the boundaries and breakthroughs of industrial internet.
Source Code Capital Closes $570 Million New Fund
Create lasting, real value
Yi Cao of Source Code Capital Named to 2019 Forbes Midas List
Create Lasting, Real Value
The Great To B Adventure
The true B2B adventurers have mostly become big winners.
Source Code Capital and Zero2IPO Jointly Release B2B Trading Platform Research Report
China's B2B market has evolved from its 1.0 phase, spanning 1999 to 2013 and defined by "information publishing" business models, into a 2.0 era characterized by greater commercial diversity, broader industry coverage, and deeper integration with industrial supply chains.
Source Code Capital 2017: The Year of Establishing Our Footing
Never Settle
Source Code Capital Wins Three Awards Including Top Investment Institution and Investor in China's New Finance Sector
Leading new-finance companies include: Qudian, Yongqianbao, INK Group, Suishou, Nongfenqi, Cijinrong, and Ether Capital.
Source Code Capital Announces Successful Close of Fund III to Help Tech Companies Create Lasting, Real Value
Source Code Capital founder Yi Cao announced at today's "Ma Hui" opening ceremony that the firm has completed the final closing of its third USD fund at $260 million and the first closing of its third RMB fund at 1.5 billion yuan.
Hongjiang Zhang Joins Source Code Capital as Venture Partner
Source Code Capital announced today that Hongjiang Zhang, former CTO of Microsoft Asia-Pacific R&D Group, former president of Microsoft Asia Engineering Institute, and former CEO of Kingsoft, has joined the firm as a Venture Partner.
World Internet Conference Opens; Source Code Capital Named New Investor of the Year
Source Code Capital was named to the "Top 30 Emerging Investment Firms of 2016" list in Wuzhen.
Source Code Capital Launches 2017 Campus Recruitment
On November 3, we'll be waiting for you at Tsinghua University's PBC School of Finance.
Yi Cao: "Internet Plus" Has Run Its Course — The Next Waves Are "Intelligence Plus" and "Global Plus"
The "Internet Plus" initiative is entering its final handover phase.
Yi Cao Named to ChinaVenture-FT China Top 100 Investors of the Year 2016
On August 15, 2016, ChinaVenture held its "2016 China Investment Annual Conference" in Shenzhen, where it also released the "ChinaVenture 2016 Best Chinese Investors" list.
Yi Cao of Source Code Capital topped Cyzone's "40 Under 40 Investors" list.
On May 11, 2016, Cyzone released its "40 Under 40 Investors" list, with 32-year-old Yi Cao of Source Code Capital becoming the youngest person ever to top the ranking.
