GGV Capital
Type | Private |
---|---|
Industry | Venture Capital |
Predecessor | Granite Global Ventures |
Founded | 2000 |
Headquarters | Menlo Park, California, United States |
Key people |
|
Products | Investments |
AUM | US $9.2 billion[1] |
Website | www.ggvc.com |
GGV Capital is a global venture capital firm that invests in seed-to-growth stage investments across Consumer/New Retail, Social/Internet, Enterprise/Cloud and Smart Tech sectors.[2]
The firm was established in 2000 in Singapore and Silicon Valley, and manages $9.2 billion in capital across 17 funds.[1][2]
Background[]
Formerly known as Granite Global Ventures, GGV Capital was founded in 2000.[3] The firm is led by six managing partners - Jixun Foo, Jenny Lee, Hans Tung, Glenn Solomon, Eric Xu and Jeff Richards. The investment team consists of over a dozen investment professionals around the world.[4]
Investments[]
Since its founding, GGV has invested in more than 200 active companies across the United States, Latin America, Israel, Southeast Asia, China and India, with over 56 of which are valued at over $1 billion.[5]
GGV is focused on partnering with founders and companies that use technology to create transformative social and economic opportunities in emerging markets.[6]
In December 2020, GGV co-led the 30 million series B funding round for Boston technology company, Fairmarkit. The round was also co-led by Insight Partners, and had continued support from 1984 VC, New Stack, and NewFund.[7]
In January 2021, the firm closed on $2.52 billion over 4 funds, including $1.5 billion for its eight flagship fund, $366 million for an opportunity fund, $80 million for a founder network fund, and $160 million for a discovery fund.[1]
References[]
- ^ a b c "GGV Capital just announced $2.52 billion across new funds for 'entrepreneurs around the world'". TechCrunch. Jan 28, 2021.
- ^ a b Katie Roof (October 16, 2018). "GGV Raises $1.88 Billion for New Funds". The Wall Street Journal.
- ^ "SPEAKER LINEUP". Wild Digital. November 26, 2019.
- ^ "GGV Capital". PitchBook Data. January 13, 2020.
- ^ Rebecca Fannin (October 20, 2018). "What Makes GGV Capital Tick: It's Not Just $1.9 Billion In New Funds". Forbes.
- ^ "The Next Billion". GGV Capital. January 14, 2019.
- ^ "Fairmarkit raises $30M Series B to Expand AI-Powered Procurement Platform for the Fortune 500 and Beyond". www.businesswire.com. 2020-12-10. Retrieved 2021-06-24.
External links[]
- GGV Capital (Company Website)
- Financial services companies established in 2000
- Companies based in Menlo Park, California
- Privately held companies based in California
- Venture capital firms of the United States
- United States private equity firm stubs