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Code Moment | GalaxySpace Launches Seven Satellites in One Rocket
GalaxySpace's second batch of mass-produced satellites — independently developed and manufactured by the company — are low-orbit broadband communications satellites with internationally advanced capabilities. Launched from the Xichang Satellite Launch Center aboard a Long March 2C carrier rocket, they were successfully placed into their designated orbits. The successful mission represents a meaningful step forward in advancing China's commercial low-orbit satellite communications and remote-sensing integration technology.
Digital consumer goods group **Dongfang Honghu** announced the completion of a **tens of millions of dollars** Series A funding round, with **Source Code Capital** as the sole investor.
Digital consumer goods group Dongfang Honghu announced today that it has completed a Series A funding round of tens of millions of US dollars. The round was led exclusively by Source Code Capital, with LightSource Capital serving as the exclusive financial advisor.
AI-powered molecular simulation company **DeepWise** announced the completion of a Series B funding round of tens of millions of dollars, co-led by **Source Code Capital**.
On January 17, 2022, DeepWise announced the completion of a Series B financing round worth tens of millions of US dollars. The round was co-led by Source Code Capital and Qiming Venture Partners, with follow-on investments from existing shareholders including Hillhouse and Matrix Partners China. Miracle Capital served as the exclusive financial advisor for this round. The proceeds will be used to continue attracting top industry talent, further developing its micro-scale industrial design platform, and advancing the application of its technology in drug and materials design scenarios. To date, DeepWise has completed 18...
Source Code Capital portfolio company Standard Robots announced the completion of a Pre-C funding round worth several hundred million RMB, with existing shareholder Source Code Capital continuing to increase its stake.
Industrial flexible logistics solutions provider **Standard Robots** recently completed a Pre-C funding round of several hundred million RMB. The round was led by **Broad Vision Funds**, with **NIO Capital** participating as a co-investor. Existing shareholders **Source Code Capital** and **MiraclePlus** also continued to increase their stakes. **Source Code Capital was a co-lead investor in the company's Series B round.**
Source Code Capital announced that Zheng Yunduan has joined as a partner.
Source Code Capital recently announced that Zheng Yunduan has joined as a partner. Zheng will serve as Chief Human Resources Officer (CHO), overseeing organizational development and related entrepreneurial services.
Source Code Capital portfolio company "ONES" announces $50 million Series C round, with existing investor Source Code Capital continuing to increase its stake
Recently, ONES, an enterprise R&D management tool, announced the completion of a $50 million Series C round. This comes just over two months after the company announced in late June that it had completed successive RMB 300 million Series B1 and B2 rounds. The round was led by Singapore's GIC, with **Yuanyi Capital** serving as the exclusive financial advisor. **Existing investor Source Code Capital has now backed the company across three consecutive rounds.**
Source Code Capital portfolio company Li Auto was successfully listed on the main board of Hong Kong Exchanges and Clearing Limited today.
On August 12, 2021, Chinese EV maker Li Auto announced the successful listing of its Class A ordinary shares on the main board of Hong Kong Exchanges and Clearing Limited (stock code: 2015).
Source Code Capital portfolio company "Lingkong Tianxing" announces completion of over 300 million yuan Series A funding round, with existing shareholder Source Code Capital continuing to increase its stake
Beijing Lingkong Tianxing Technology Co., Ltd. (hereinafter referred to as "Lingkong Tianxing") has completed an oversubscribed Series A financing round of more than 300 million yuan. This round was co-led by Matrix Partners China and a Shanghai municipal industrial investment fund initiated by Shanghai Guosheng Group, with participation from WY Capital, Xiamen Feiyu Yinghang, and Shanghai Huygens. Existing shareholders Source Code Capital, Volcanic Stone Capital, Keli Venture Capital, Yuanhe Origin, and Zhencheng Capital continued to increase their stakes. **Among them, Source Code Capital was the sole investor in Lingkong Tianxing's angel round.**
Source Code Capital portfolio company "XYZ Robotics" announced the completion of a $35 million Series B round, with existing shareholder Source Code Capital continuing to increase its stake.
XYZ Robotics has closed a $35 million Series B round led by Capital Today, with pro-rata over-commitments from existing investors Gaorong Ventures, 5Y Capital, and Source Code Capital. LightSource Capital served as the exclusive financial advisor. **Source Code Capital led XYZ Robotics' Series A+ round.** Following this financing, the company will increase R&D investment, deepen vertical integration of its technology stack, and build out scalable sales and delivery systems.