Source Code Capital Named to 2015 China Best Foreign Venture Capital Firms Top 50

• From April 11–13, 2016, the "2016 China Investment Annual Conference" hosted by ChinaVenture was held at the Grand Hyatt Shanghai. Source Code Capital was honored with the "2015 Top 50 Best Foreign Venture Capital Institutions in China" award at this year's conference, marking another recognition of the firm's track record and growth in venture capital.

ChinaVenture is a leading professional services firm in China's equity investment market. Through its financial data, research and consulting, media, and conference businesses, it provides professional, multi-layered products and services to the industry and its clients. Founded at the dawn of China's equity investment market, ChinaVenture has built a strong professional brand through years of accumulated expertise, earning broad recognition from industry peers while continuing to lead and drive the vigorous development of China's equity investment market.

ChinaVenture · 2015 Top 50 Best Foreign Venture Capital Institutions in China

Yi Cao, founding partner of Source Code Capital, has spent 12 years in the venture capital industry, with prior roles at Sequoia Capital, Ceyuan Ventures, and C Square Capital. As a venture capital firm focused on internet and high-tech entrepreneurs, Source Code Capital has maintained one of the most active presences on the front lines of the industry.

Source Code Capital also takes pride in its distinguished LP base, which includes nearly 20 CEOs of publicly listed tech companies such as Xing Wang of Meituan and Yiming Zhang of Toutiao, executives from BAT, and institutional investors including Sequoia Capital, GIC, and Temasek. With support from these LPs, Source Code Capital has cultivated a distinctive style and values centered on a "core network of relationships and multi-dimensional support for entrepreneurs." The firm currently manages $500 million and RMB 1.5 billion in funds.

Over the past year-plus, Source Code Capital has made focused investments across three core sectors — internet finance, O2O, and industrial internet — backing emerging innovative companies including Qufenqi, GESAFE, Yijiupi, Suishou, LanTouzi, 1Wealth, INK Group, Ether Capital, Toutiao, Meituan, Lianjia, MOGU and Meilishuo, Fangchan Xiaoguan, and Baibu.

Since its founding in 2014, Source Code Capital has received numerous prestigious awards, including: ChinaVenture's "2015 Top 10 Best Strategic Investors in China's Mobile Internet Industry," "2014 Top 10 Best Emerging Venture Capital / Private Equity Institutions in China," and "2014 Top 5 Best Investors in China's Mobile Internet Industry"; Zero2IPO's 2015 "Top 50 China Venture Capital Institutions," 2015 and 2014 "Top 10 China Internet Finance Investment Institutions," and 2014 "Top 10 Emerging China VC/PE Firms"; and Rongzi China's 2014 "China Emerging Investment Institution." Yi Cao himself has also received honors including Cyzone's "2015 40 Under 40 Investors" and ChinaVenture's "2014 Innovation Ranking: Top 5 China VC Innovators Born in the 1980s."

2016 has set sail, and both the internet and VC industries stand at the precipice of transformation. Source Code Capital will remain committed to its mission of finding excellent enterprises that create long-term value, and will continue working to drive change and progress in the industry. Together, let us witness the birth of the next unicorn.