GGV Capital Raises $1.88 Billion

San Francisco – October 19, 2018 – 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. Cooley partner Jordan Silber led the team advising GGV Capital. 

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.

GGV has been a Cooley client since its inception in 2000, and Cooley has advised the firm on the closing of all of its USD-denominated funds.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. 

Cooley has 900+ lawyers across 13 offices in the United States, China and Europe.

Related Contacts
Jordan Silber  Partner San Francisco, Shanghai
Xun Zeng  Partner Beijing, Hong Kong
Elizabeth Reese  Associate San Francisco
Stuyvie Pyne  Associate New York
Jingyi Xu  Partner Beijing
Related Practices & Industries

Fund Formation  Venture Capital