Commercial Rocket Launches: A Protracted Battle Balancing Technology, Market, and Conviction | Source Code Capital Internal Reference
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Source Code Capital Portfolio Company Yimi Dida Raises RMB 1.8 Billion in Series D, Existing Shareholder Source Code Capital Continues to Increase Stake
On January 14, 2019, Source Code Capital portfolio company Yimi Dida Supply Chain Group Co., Ltd. (hereinafter referred to as "Yimi Dida") announced the completion of its Series D funding round of RMB 1.8 billion.
Source Code Capital Portfolio Company Community Group-Buying Platform "Linlinyi" Raises $30 Million in Series A Funding, Existing Investor Source Code Capital Continues to Increase Stake
Source Code Capital portfolio company, community group-buying startup "Linlinyi," announced the completion of a $30 million Series A funding round. The round was led by Capital Today, with strategic investment from the Suning Ecosystem Fund. Existing shareholders Source Code Capital, Gaorong Ventures, and HSG continued to participate. Mumian Capital served as financial advisor.
A Solid Finish to 2018, Continued Patient Growth in 2019 | Code Meet Journal · December
Four years since Source Code Capital's founding, the many companies in its portfolio have grown into a thriving forest, and the "Ma Hui" has become a platform for its LPs, partners, and entrepreneurs to connect. *Ma Hui Journal* is here to record the small steps forward of these partners, share in the joy of their growth, and look toward an even brighter future.
Source Code Capital Wins Five Awards Including Zero2IPO's 2018 Top 50 China VC Firms
From December 5-7, 2018, Zero2IPO and PEDaily hosted the 18th Annual China Equity Investment Forum in Beijing, drawing numerous industry participants. The forum's flagship "Zero2IPO — China Equity Investment Annual Rankings" were unveiled on December 7. In this year's selection, Source Code Capital took home five awards:
Source Code Capital and Portfolio Companies Win Multiple Awards at 36Kr's 2018 "King of New Economy"
On November 28, 36Kr released its inaugural "2018 New Economy Kings" list.
Textile B2B platform Baibu announced the completion of a $100 million Series C2 funding round, with existing investor Source Code Capital continuing to increase its stake.
Source Code Capital portfolio company Baibu, a B2B textile platform, announced the completion of a $100 million Series C2 funding round led by Tiger Global Management, with follow-on investments from existing shareholders Source Code Capital, Chengwei Capital, Yunqi Capital, and Xiongniu Capital. Chongying Capital continued to serve as the exclusive financial advisor for this round.
Beijing Launches BAAI Action Plan; Source Code Capital Investment Partner Hongjiang Zhang Named First Chairman
On November 14, at the opening ceremony of the 2018 China (Beijing) International Technology Transfer Conference, the Beijing AI Initiative was officially launched and the Beijing Academy of Artificial Intelligence (BAAI) was inaugurated. Wang Zhigang, Secretary of the Party Leadership Group and Minister of the Ministry of Science and Technology, and Jining Chen, Deputy Secretary of the Beijing Municipal Party Committee and Mayor, attended the meeting.
Niu Technologies IPO Lands on Nasdaq; 3 Companies Close Funding Rounds; Code Brain Issue 8 Mines India | Code Brain Newsletter · October
Four years since Source Code Capital's founding, the many member companies of the Source Code family have grown into a thriving forest, and the "Ma Hui" has become a platform for Source Code Capital's LPs, partners, and entrepreneurs to connect. *Ma Hui Journal* is here to record the incremental progress of our partners, share the joy of growth, and look forward to an even brighter future.
Source Code Capital portfolio company GalaxySpace successfully launched its experimental payload!
A Long March 4B carrier rocket ignites and lifts off. (Photo: Zheng Taotao)