Firms & Funds

Source Code Capital raises $1.1bn

Source Code Capital has announced a final close on its latest fund, Source Code Venture RMB Fund V.

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Fund name: Source Code Venture RMB Fund V
Fund size: 7 billion yuan
Stage of fundraising: Final close

Source Code Capital has announced a final close on their latest fund, Source Code Venture RMB Fund V, with 7 billion yuan ($1.1 billion; €1 billion) in total capital raised. Capital raised for the vehicle will invest in early stage companies in the Chinese TMT sectors.