GGV raises $1.9b to back China, US start-ups
GGV Capital has closed its latest fund – primarily for deployment in China and the US – with $1.88 billion in commitments. The venture capital firm raised $1.2 billion for its previous vehicle in 2016.
Fund VII follows a structure laid down for Fund VI and designed to allow participation in every phase of a start-up’s life. There are four vehicles in total: a core venture fund a pool of top-up capital,...
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