GGV Capital

GGV Capital was a globally recognized venture capital firm, established in 2000, known for its distinctive cross-border investment strategy spanning both the United States and Asia. The firm built a reputation for backing transformative companies across various stages, from early-stage seed rounds to late-stage growth equity and pre-IPO investments. GGV's investment focus primarily centered on enterprise technology, consumer applications, and frontier tech sectors. Over its operational history, GGV Capital managed substantial capital, raising over $10 billion across numerous funds, demonstrating its significant presence and influence in the global venture ecosystem.

The firm's portfolio boasted an impressive array of industry leaders, including early investments in giants like Alibaba, ByteDance, Slack, and Airbnb, among many others. This diverse portfolio underscored GGV's ability to identify and nurture high-growth potential companies across different geographies and market cycles. Their investment approach was characterized by a hands-on partnership with founders, leveraging their extensive network and operational expertise to support portfolio companies' expansion.

In a significant strategic move, GGV Capital announced its split into two independent firms, Notable Capital and Granite Asia, effective March 29, 2024. This restructuring was driven by a desire for more focused regional strategies, with Notable Capital concentrating on opportunities in the US, Europe, and Latin America, and Granite Asia focusing on the Asian market. The last fund raised under the GGV Capital umbrella was GGV Capital VIII Plus, which closed in 2021 with $2.52 billion, reflecting the firm's continued ability to attract significant limited partner commitments prior to its bifurcation. This strategic evolution marks the end of GGV Capital as a unified entity, but its legacy of global investment and successful exits remains.