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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
Portfolio9 companies
Cited round volume$1.3B
Cited rounds18
01
Physical AI portfolio
Round-by-round participation
2026-03-24Series C$100MSource
2025-09-25Growth$140MSource
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 C$100MSource
2021-09-21Series D$100MSource
2021-03-11Series B$15MSource
2020-09-02Series B · Lead$15MSource
2021-09-15Series D$200MSource
2020-03-16Series B · Lead$28MSource
2021-09-01Series C+$155MSource
02
Source ledger
17 unique public sources
01
Fairino Raises $100M for Global Cobot Expansion (Series C)InforCapital · retrieved 2026-07-05
02Beatbot raises RMB 1 billion for expansionKrASIA · retrieved 2026-10-29
03China'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
04Booster Robotics Completes New Multi-Million RMB Funding Round, Led by Source Code CapitalEqualOcean · retrieved 2026-07-05
05The largest angel round of the year is born36Kr · retrieved 2026-07-05
06Unitree Robotics Raises Nearly $139 Million in Series B2 Fundraising (original currency CNY ~1B)Caixin Global · retrieved 2026-07-05
07XYZ Robotics Receives Nearly USD 40 Mn from Series B+ Led by Capital TodayEqualOcean · retrieved 2026-07-05
08XYZ Robotics closes Series A+ funding to scale AI-driven piece pickingThe Robot Report · retrieved 2026-07-05
09XYZ Robotics Capitalizes on Tech Investment Boom With New Funding ($35M Series B)Caixin Global · retrieved 2026-07-05
10XYZ Robotics raises $17M for its pick-and-place logistics robots (Series A+)TechCrunch · retrieved 2026-07-05
11Warehouse automation firm Hai Robotics closes $100M series D funding roundFreightWaves · retrieved 2026-07-05
12Warehouse Robotics Startup HAI ROBOTICS Secures $200M FundingPR Newswire · retrieved 2026-07-05
13HAI Robotics Secures $15M Series B+ Funding to Scale Autonomous Case-Handling RobotHai Robotics · retrieved 2026-07-05
14Hai Robotics Completes Round B of Funding Totaling USD 14.66 Million for Two Financing RoundsHai Robotics · retrieved 2026-07-05
15KEENON Robotics Raises $200 Million in Series D Funding Led by SoftBank Vision Fund 2PR Newswire · retrieved 2026-07-05
16Yunqi Partners and Others Inject RMB 200 Million in Series B (confirms Yunqi Partners and IVISION Ventures as continuing investors from Series A)PR Newswire · retrieved 2026-07-05
17Mech-Mind Robotics raises $155M for 3D vision techThe Robot Report · retrieved 2026-07-05