Menlo Park- and Shanghai-based
GGV Capital has raised $1.2 billion in three new funds, the company said this morning, including $900M for GGV Capital VI and VI Plus, $250M for GGV Discovery I, and $50M for GGV Capital VI Entrepreneurs Fund. The firm said the new funds brings its total managed to $3.8 billion, spread across eight funds. The new early stage, GGV Discovery I fund specifically goes towards early stage investments in China, and the GGV Capital VI Entrepreneur Fund is mostly company founders among its LPs.
posted on Wednesday, April 13, 2016
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