源码资本新一期成长基金完成6亿美元募资：整体存续周期长达25年

Core Insights - The new growth fund by Source Code Capital focuses on "AI+" and "Global+" investment directions, with a total fundraising of $600 million [1] - The fund aims to address critical issues in AI technology and explore global opportunities for China's comprehensive capabilities [1][2] - The investment strategy emphasizes long-term support for innovative companies, with a 5-year investment period and a 20-year exit period, totaling a 25-year lifecycle [4] Investment Focus - The "AI+" focus will target areas such as AI2C/2P and the computing power industry chain, aiming to support breakthroughs in AI technology and its commercialization [1] - The "Global+" focus will explore opportunities in smart hardware and software applications, emphasizing China's global output capabilities [1] Fund Management Strategy - The current growth fund will concentrate on growth-stage projects, while the independently operated "Source Code Rhythm" will focus on early-stage investments [3] - The fund's strategy reflects a shift towards "less but better" project selection, aiming for deep engagement with entrepreneurs and long-term value creation [4] Historical Performance - Source Code Capital manages approximately $7 billion in assets and has invested in over 300 startups since its inception in 2014, covering various sectors including AI, smart manufacturing, and life sciences [5]