GGV Capital VII and VII Plus, GGV Discovery II and GGV Capital VII Entrepreneurs Fund’s $1.88 Billion Fundraising

Cooley advised GGV Capital (GGV) on the closing of its new funds totaling $1.88 billion. The new funds include GGV Capital VII and VII Plus, GGV Discovery II and GGV Capital VII Entrepreneurs Fund.

A multi-stage VC firm that invests in the US and China, GGV has $6.2 billion in capital under management and invests in the consumer/new retail, social/digital & internet, enterprise/cloud and frontier tech sectors. To date, GGV has invested in 51 market leaders across the US and China that have grown to $1+ billion in valuation. It has backed Alibaba, Grab, Hashicorp, Houzz, Keep, Niu, Opendoor, Poshmark, Square, Wish, Xiaohongshu (Little Red Book), YY, Zendesk and more.

Cooley advised GGV Capital with a team including Jordan Silber (Picture), Xun Zeng, Elizabeth Reese, Stuyvie Pyne, Jingyi Xu and Joe Dalia.

 

Involved fees earner: Jordan Silber – Cooley LLP; Xun Zeng – Cooley LLP; Elizabeth Reese – Cooley LLP; Stuyvie Pyne – Cooley LLP; Jingyi Xu – Cooley LLP; Joe Dalia – Cooley LLP;

Law Firms: Cooley LLP;

Clients: GGV Capital ;