源码资本完成新一期双币成长基金募资 总规模达6亿美元

Core Insights - Source Code Capital has completed fundraising for a new growth fund with a total scale of $600 million, focusing on both RMB and USD currencies [2] - The new fund will concentrate on two main investment directions: "AI+" and "Global+", targeting breakthroughs in AI technology and global opportunities for China's comprehensive capabilities [2][3] - The fund aims to support the commercialization of AI and address critical issues in the AI technology development process, while also exploring innovative consumer products and new consumption models driven by diverse lifestyles [2] Investment Strategy - The investment period for the new fund is set at 5 years, with an exit period of 20 years, resulting in a total lifespan of 25 years [3] - The fund will focus on growth-stage projects, while the independently operated "Source Code Rhythm" will concentrate on early-stage investments [2][3] - The strategy reflects a shift towards "precision and depth" in project selection, emphasizing long-term support for innovative companies amidst uncertainties in geopolitical and capital markets [3] Asset Management - As of now, Source Code Capital manages approximately $7 billion in assets, equivalent to 50 billion RMB, and has invested in over 300 startups since its establishment in 2014 [3] - The investment portfolio spans various sectors, including AI & Robotics, intelligent manufacturing, internet & consumption, and life sciences, with notable projects such as ByteDance, Meituan, and Li Auto [3]