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INV Venture capital
Source Code Capital
Beijing-based multi-stage VC founded 2014 managing ~USD 7 billion across RMB and USD funds; one of China's most active investors in AI, intelligent manufacturing, and embodied robotics spanning warehouse, humanoid, and collaborative robot segments.
HeadquartersBeijing, CN
Portfolio8 companies
Cited round volume$1.1B
Cited rounds17
01
Physical AI portfolio
Round-by-round participation
2026-03-24Series C$100MSource
2025-06-04Series ANot disclosedSource
2024-05-07Seed · LeadNot disclosedSource
2024-06-24Angel$96MSource
2024-02-01Series B$139MSource
2022-06-20Series B$40MSource
2022-01-01Series A · LeadNot disclosedSource
2021-07-21Series B$35MSource
2020-08-25Venture · Lead$17MSource
2022-06-13Series D$100MSource
2021-09-21Series D$100MSource
2021-09-21Series C$100MSource
2021-03-11Series B$15MSource
2020-09-02Series B · LeadNot disclosedSource
2021-09-15Series D$200MSource
2020-03-16Series B · Lead$28MSource
2021-09-01Series C+$155MSource
02
Source ledger
16 unique public sources
01
Fairino Raises $100M for Global Cobot Expansion (Series C)InforCapital · retrieved 2026-07-05
02China's Booster Robotics Lands New Funding as it Hits a Winning Streak (Series A led by Shenzhen Capital Group; Caixin reports combined Series A + A+ total 'nearly 500 million yuan')Caixin Global · retrieved 2026-07-05
03Booster Robotics Completes New Multi-Million RMB Funding Round, Led by Source Code CapitalEqualOcean · retrieved 2026-07-05
04The largest angel round of the year is born36Kr · retrieved 2026-07-05
05Unitree Robotics Raises Nearly $139 Million in Series B2 Fundraising (original currency CNY ~1B)Caixin Global · retrieved 2026-07-05
06XYZ Robotics Receives Nearly USD 40 Mn from Series B+ Led by Capital TodayEqualOcean · retrieved 2026-07-05
07XYZ Robotics closes Series A+ funding to scale AI-driven piece pickingThe Robot Report · retrieved 2026-07-05
08XYZ Robotics Capitalizes on Tech Investment Boom With New Funding ($35M Series B)Caixin Global · retrieved 2026-07-05
09XYZ Robotics raises $17M for its pick-and-place logistics robots (Series A+)TechCrunch · retrieved 2026-07-05
10Warehouse automation firm Hai Robotics closes $100M series D funding roundFreightWaves · retrieved 2026-07-05
11Warehouse Robotics Startup HAI ROBOTICS Secures $200M Funding (Series C + D jointly announced; individual split undisclosed)PR Newswire · retrieved 2026-07-05
12HAI Robotics Secures $15M Series B+ Funding to Scale Autonomous Case-Handling RobotHai Robotics · retrieved 2026-07-05
13HAI ROBOTICS Completes Round B of Funding Totaling USD 14.66 Million for Two Financing Rounds (Series A + B combined: $14.66M)Hai Robotics · retrieved 2026-07-05
14KEENON Robotics Raises $200 Million in Series D Funding Led by SoftBank Vision Fund 2PR Newswire · retrieved 2026-07-05
15Yunqi Partners and Others Inject RMB 200 million in B series Funding Round for Robot Company Keenon (RMB 200M converted at ~¥7.1/$1 = ~$28M)PR Newswire · retrieved 2026-07-05
16Mech-Mind Robotics raises $155M for 3D vision techThe Robot Report · retrieved 2026-07-05