Source Code Rhythmic has completed the first phase of fundraising exceeding $150 million and has started raising funds for a RMB fund.

Recently, Source Code Capital successfully completed the fundraising for its first USD fund, with a total size exceeding $150 million, surpassing the original target. The investors include sovereign wealth funds from the Middle East, globally renowned funds of funds, multinational corporations, industrial investors, global family offices, and well-known entrepreneurs, among others. Meanwhile, Source Code Capital has also officially started fundraising for a RMB fund, further enhancing its dual-currency layout.