Source Code Capital

Source Code Capital, established in 2014, is a prominent venture capital firm based in China that specializes in the technology, media, and telecommunications (TMT) sectors. The firm invests in both early-stage startups and growth-stage companies, having partnered with nearly 150 leading technology founders, including notable companies like Bytedance and Meituan. With significant assets under management, Source Code Capital emphasizes three key drivers: Internet+, AI+, and Global+. Its investment focus spans various sectors, including finance, media and entertainment, consumer services, enterprise, retail, transportation, housing, education, and healthcare. Additionally, Source Code Capital offers a comprehensive post-investment platform that provides startups with mentorship, resources, and insights to support their growth and development.

Yi Cao

Managing Partner / Founder

Wu Fan

Managing Director

Huang, Yungang

Partner

Li Lulin

Investor

Jian Wu

Partner

Lei Xin

Vice President

Di Yuan

Partner

Tong Xiang

Partner

Past deals in Logistics

Mocang Robot

Seed Round in 2023
Mocang Robotics is a warehouse robotics company that focuses on intelligent storage robots. Mocang develops the T-AMR and software control platform combined with a deep understanding of smart logistics and smart manufacturing industries, adopts The AV-AS/RS system replaces the traditional AS/RS system.

CassTime

Series D in 2022
CassTime is an industrial internet company based in China that focuses on the automotive aftermarket. It operates a comprehensive trading platform that offers full coverage of spare parts, facilitating price inquiries and simplifying settlements for sellers of auto parts and accessories. In addition to its marketplace, CassTime provides a SaaS management system tailored for workshops, along with supply chain finance and logistics services. This integrated approach enables businesses to conduct transactions efficiently while accessing detailed information about vehicle parts, ultimately enhancing the overall experience for both buyers and sellers in the automotive sector.

YunQuNa

Series D in 2021
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.

CassTime

Series C in 2020
CassTime is an industrial internet company based in China that focuses on the automotive aftermarket. It operates a comprehensive trading platform that offers full coverage of spare parts, facilitating price inquiries and simplifying settlements for sellers of auto parts and accessories. In addition to its marketplace, CassTime provides a SaaS management system tailored for workshops, along with supply chain finance and logistics services. This integrated approach enables businesses to conduct transactions efficiently while accessing detailed information about vehicle parts, ultimately enhancing the overall experience for both buyers and sellers in the automotive sector.

Yijiupi

Series D in 2020
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

CassTime

Series C in 2019
CassTime is an industrial internet company based in China that focuses on the automotive aftermarket. It operates a comprehensive trading platform that offers full coverage of spare parts, facilitating price inquiries and simplifying settlements for sellers of auto parts and accessories. In addition to its marketplace, CassTime provides a SaaS management system tailored for workshops, along with supply chain finance and logistics services. This integrated approach enables businesses to conduct transactions efficiently while accessing detailed information about vehicle parts, ultimately enhancing the overall experience for both buyers and sellers in the automotive sector.

YunQuNa

Series C in 2019
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.

handheld DPM

Series A in 2019
Handheld Auxiliary Materials is a B2B mall for decoration auxiliary materials. The platform directly connects with manufacturers or first-tier suppliers to purchase more than a thousand commonly used building auxiliary materials into warehouses. After the order is placed on the platform, the handheld assistant will send a professional team to follow up to confirm the goods, prices, specifications and other information. After completion, the handheld accessories will be shipped from its own warehouse, and will be responsible for logistics and transportation, and deliver the accessories to the site designated by the foreman The settlement will be carried out on the spot, under the control of Meicai (Wuhan) Technology Co., Ltd.

Zhangshangfucai

Series A in 2019
Zhangshangfucai operates an online B2B trading platform specializing in building material decoration. The platform connects customers directly with manufacturers and suppliers, facilitating the purchase of over a thousand types of commonly used construction materials. By streamlining the procurement process, Zhangshangfucai ensures that customers can efficiently place and receive online orders, enhancing the overall supply chain for decoration auxiliary materials in the construction industry.

YunQuNa

Series B in 2019
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.

Yimidida

Series D in 2019
Yimidida is an online logistics network based in Shanghai, China, that specializes in crowd-sourced delivery services, particularly to rural towns. Founded in 2015, the platform facilitates the delivery of products of various sizes to villages across China. Yimidida's offerings include payment collection, transport insurance, return receipts, and delivery tracking, all aimed at enhancing the efficiency of dispatch and truck deployment. This comprehensive logistics solution enables customers to receive their orders promptly, regardless of their location.

Zhangshangfucai

Series A in 2018
Zhangshangfucai operates an online B2B trading platform specializing in building material decoration. The platform connects customers directly with manufacturers and suppliers, facilitating the purchase of over a thousand types of commonly used construction materials. By streamlining the procurement process, Zhangshangfucai ensures that customers can efficiently place and receive online orders, enhancing the overall supply chain for decoration auxiliary materials in the construction industry.

handheld DPM

Series A in 2018
Handheld Auxiliary Materials is a B2B mall for decoration auxiliary materials. The platform directly connects with manufacturers or first-tier suppliers to purchase more than a thousand commonly used building auxiliary materials into warehouses. After the order is placed on the platform, the handheld assistant will send a professional team to follow up to confirm the goods, prices, specifications and other information. After completion, the handheld accessories will be shipped from its own warehouse, and will be responsible for logistics and transportation, and deliver the accessories to the site designated by the foreman The settlement will be carried out on the spot, under the control of Meicai (Wuhan) Technology Co., Ltd.

Yaobangmang

Series C in 2018
Xiaoyaoyao is a comprehensive pharmaceutical circulation field in the era of big data and the Internet As a service provider. Xiaoyaoyao's "Pharmaceutical Help" platform is an e-commerce platform that has been approved by the State Food and Drug Administration and has a B2B drug wholesale license, integrating drug procurement, warehousing, sales, logistics and distribution. , subverting the traditional procurement model of hierarchical distribution. At present, the business has covered more than 20 provinces across the country, with a storage area of ​​nearly 500,000 square meters, serving more than 3,000 suppliers and more than 500,000 pharmacies and clinic end customers across the country.

Yijiupi

Series D in 2018
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

Yimidida

Series C in 2018
Yimidida is an online logistics network based in Shanghai, China, that specializes in crowd-sourced delivery services, particularly to rural towns. Founded in 2015, the platform facilitates the delivery of products of various sizes to villages across China. Yimidida's offerings include payment collection, transport insurance, return receipts, and delivery tracking, all aimed at enhancing the efficiency of dispatch and truck deployment. This comprehensive logistics solution enables customers to receive their orders promptly, regardless of their location.

handheld DPM

Seed Round in 2018
Handheld Auxiliary Materials is a B2B mall for decoration auxiliary materials. The platform directly connects with manufacturers or first-tier suppliers to purchase more than a thousand commonly used building auxiliary materials into warehouses. After the order is placed on the platform, the handheld assistant will send a professional team to follow up to confirm the goods, prices, specifications and other information. After completion, the handheld accessories will be shipped from its own warehouse, and will be responsible for logistics and transportation, and deliver the accessories to the site designated by the foreman The settlement will be carried out on the spot, under the control of Meicai (Wuhan) Technology Co., Ltd.

Yaobangmang

Series B in 2017
Xiaoyaoyao is a comprehensive pharmaceutical circulation field in the era of big data and the Internet As a service provider. Xiaoyaoyao's "Pharmaceutical Help" platform is an e-commerce platform that has been approved by the State Food and Drug Administration and has a B2B drug wholesale license, integrating drug procurement, warehousing, sales, logistics and distribution. , subverting the traditional procurement model of hierarchical distribution. At present, the business has covered more than 20 provinces across the country, with a storage area of ​​nearly 500,000 square meters, serving more than 3,000 suppliers and more than 500,000 pharmacies and clinic end customers across the country.

handheld DPM

Angel Round in 2017
Handheld Auxiliary Materials is a B2B mall for decoration auxiliary materials. The platform directly connects with manufacturers or first-tier suppliers to purchase more than a thousand commonly used building auxiliary materials into warehouses. After the order is placed on the platform, the handheld assistant will send a professional team to follow up to confirm the goods, prices, specifications and other information. After completion, the handheld accessories will be shipped from its own warehouse, and will be responsible for logistics and transportation, and deliver the accessories to the site designated by the foreman The settlement will be carried out on the spot, under the control of Meicai (Wuhan) Technology Co., Ltd.

Yimidida

Series B in 2017
Yimidida is an online logistics network based in Shanghai, China, that specializes in crowd-sourced delivery services, particularly to rural towns. Founded in 2015, the platform facilitates the delivery of products of various sizes to villages across China. Yimidida's offerings include payment collection, transport insurance, return receipts, and delivery tracking, all aimed at enhancing the efficiency of dispatch and truck deployment. This comprehensive logistics solution enables customers to receive their orders promptly, regardless of their location.

Zhangshangfucai

Seed Round in 2017
Zhangshangfucai operates an online B2B trading platform specializing in building material decoration. The platform connects customers directly with manufacturers and suppliers, facilitating the purchase of over a thousand types of commonly used construction materials. By streamlining the procurement process, Zhangshangfucai ensures that customers can efficiently place and receive online orders, enhancing the overall supply chain for decoration auxiliary materials in the construction industry.

Yimidida

Series A in 2016
Yimidida is an online logistics network based in Shanghai, China, that specializes in crowd-sourced delivery services, particularly to rural towns. Founded in 2015, the platform facilitates the delivery of products of various sizes to villages across China. Yimidida's offerings include payment collection, transport insurance, return receipts, and delivery tracking, all aimed at enhancing the efficiency of dispatch and truck deployment. This comprehensive logistics solution enables customers to receive their orders promptly, regardless of their location.

Yijiupi

Series C in 2016
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

Yijiupi

Series B in 2015
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

Yunce

Series A in 2015
Yun Logistics (Yunce) is a truck scheduling service platform dedicated to building a mobile Internet O2O vehicle freight platform, through the integration of the return of individual trucks, to provide transport services. The company was founded in August 2012, Yun-tao Logistics officially operational in 2013, in 2013 won the Nanjing Youth Entrepreneurship Special Excellence Award, "win in Nanjing" Youth Entrepreneurship Competition prize. In 2014, it was selected by TusTech Holdings, Tsinghua Science Park to solicit the global launch of "a leading industry innovative technology or technology-based business model" venture to nurture the "Star of Enlightenment" for "world-class enterprises." In 2014 won the gold medal in the national youth entrepreneurship contest. Modern Express, Jinling Evening News, Nanjing TV, Jiangsu TV has reported on the logistics policy. Governor Li Xueyong personally visited the company for inspection and guidance. All the vehicles registered in the Transportation Logistics Platform are authenticated by the real-name website of the website to ensure the authenticity of all vehicles, enterprises, and drivers. The system proactively pro- motes the trial delivery SMS to the owners to reduce the empty return rate of the vehicle owners to the maximum extent possible. In order to reduce the owner's shipping costs, the system accurately paired and based on the quoted price of the vehicle for the owner to recommend the lowest total cost of the vehicle combination program, the owner save, money and effort.

Yijiupi

Series A in 2014
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

YunQuNa

Series A in 2014
YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.
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