Walnut Coding
核桃编程
Walnut Coding (核桃编程) is a Chinese edtech company focused on coding education for children. Source Code Capital led its Series A round of tens of millions of RMB in mid-2018 , then re-upped in its $50 million Series B in late 2019 and again in a roughly $200 million Series C in early 2021 , with Hillhouse leading one intermediate round in 2019 . The company sits in Source Code Capital's portfolio alongside consumer and enterprise names such as ByteDance, Meituan, and Li Auto . Elsewhere's corpus does not cover its founding date, team, or current product details beyond these funding milestones.
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Coverage
Code Brain | What Did 140+ AI Practitioners Talk About for 3 Hours?
Source Code Capital has gone deep on AI, building out a full-stack presence across foundation models, AI agents, vertical applications, and the underlying infrastructure that supports them.
MaHui | Nearly 40 MaHui Members Named to 36Kr's X·36Under36 S-Class Young Entrepreneurs List
Source Code Capital Portfolio Company Mech-Mind Closes Hundreds of Millions of RMB Series C Led by Meituan, Existing Shareholder Source Code Capital Continues to Increase Stake
Smart industrial robot solutions have already been deployed across automotive, home appliances, steel, food, logistics warehousing, healthcare, banking, and many other sectors.
Personal care brand "Rocking Zoo" announced the completion of two consecutive rounds of funding totaling tens of millions of US dollars, with Source Code Capital participating in both rounds.
Shortlisted for the Tmall Golden Beauty Awards' Rising Star Brand of the Year.
Biren Technology, a general-purpose intelligent chip design company, announced the completion of its Series B funding round — Source Code Capital participated in the investment.
Founded just over a year ago, it has raised more than 4.7 billion yuan in total funding.
Daily Black Chocolate Raises Over 100 Million Yuan in Series A+ and B Rounds, Source Code Capital Leads Series A+
China's top-selling dark chocolate category on 2020 Double 11
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.
Online Cereal Brand WANGBAOBAO Closes Series A Led by Source Code Capital and Vertex Ventures China
This year at the Tmall Double 11 Shopping Festival, WANGBAOBAO took the top spot among cereal brands on Tmall, with annual sales up more than 20x.
Source Code Capital-Backed Space Transportation Raises Nearly 100 Million Yuan in Pre-A Round, Source Code Capital Was Sole Angel Investor
In just one year since its founding, the company has successfully completed two suborbital rocket flight tests, laying the groundwork for the future development of launch vehicles, high-speed transport, and space tourism.
Source Code Capital Closes $570 Million New Fund
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Two Portfolio Companies Close Funding Rounds, Four Achieve Strategic Upgrades, and Two Rank First on Global Top Lists | Source Code Capital Community · February
"Ma Hui Notes" chronicles the small steps forward of our community members, shares in the joy of their growth, and looks toward an even brighter future.
2 Companies Close Funding Rounds, 5 Complete Strategic Upgrades, 9 Win 6 Major Awards | Source Code Capital Monthly · January
"Ma Hui Chronicles" documents our members' incremental progress, shares the joy of growth, and looks forward to an even brighter future.
Source Code Capital portfolio company Yijiupi raises $200 million in Series D funding, co-led by Meituan and Tencent, with existing investor Source Code Capital continuing to increase its stake
Yijiupi (supply chain/retail terminals) + Tencent (WeChat Pay/Mini Programs) + Meituan (in-store/on-demand delivery)
3 Companies Close Funding Rounds, 5 Named to 2018 China Future Unicorn List | Source Code Capital Monthly · July
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