$9.2 Billion Global Venture Firm GGV Capital to Split into 2 Independent Firms by 2024 Q1, 1 Firm is United States Partnership Based in Silicon Valley & New York, Other Firm is Asia Partnership Based in Singapore
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$9.2 Billion Global Venture Firm GGV Capital to Split into 2 Independent Firms by 2024 Q1, 1 Firm is United States Partnership Based in Silicon Valley & New York, Other Firm is Asia Partnership Based in Singapore
23rd September 2023 | Hong Kong
Global venture firm GGV Capital with $9.2 billion AUM (Assets under Management) has announced to split into 2 independent firms (2024 Q1), with 1 firm as United States partnership and other firm as Asia partnership.The United States partnership (Silicon Valley & New York) will invest in Americas, Europe, Israel & India.The Asia partnership (Singapore) will focus on China, Southeast Asia & South Asia.GGV Capital Chinese yuan fund will continue to be managed by Jiyuan Capital (China).
“ $9.2 Billion Global Venture Firm GGV Capital to Split into 2 Independent Firms, 1 Firm to Focus on Asia & other Firm to Focus on United States “
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$9.2 Billion Global Venture Firm GGV Capital to Split into 2 Independent Firms by 2024 Q1, 1 Firm is United States Partnership Based in Silicon Valley & New York, Other Firm is Asia Partnership Based in Singapore
GGV Capital
GGV Capital is a global venture firm that invests in local founders. With $9.2 billion under our management, we have investments in the United States, Canada, China, Southeast Asia, India, Latin America, and Israel. As a multi-stage, sector-focused firm, GGV Capital invests in seed-to-growth stage companies across three sectors: Social/Internet, Enterprise Tech, and Smart Tech. Over the past two decades, we have backed more than 400 companies around the world, including Affirm, Airbnb, Alibaba, Big Commerce, Boss Zhipin, Grab, HashiCorp, Hello, JD MRO, Keep, Kujiale, Manbang, NIU, Opendoor Technologies, Peloton, Poshmark, Qunar/Ctrip, Slack, Square, StockX, Udaan, Wish, Xpeng, Zendesk, Zuoyebang, and more.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
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