GGV Capital

GGV Capital is a global venture capital firm that, as of March 29, 2024, has transitioned into two distinct entities: Granite Asia and Notable Capital. Granite Asia, headquartered in Singapore, focuses on investments in the Asia-Pacific region, including markets such as Southeast Asia, Japan, China, India, and Australia. Meanwhile, Notable Capital operates from Silicon Valley, with additional offices in San Francisco and New York, targeting investments in the United States, Israel, Europe, and Latin America. Since its establishment in 2000, GGV Capital has provided expansion capital ranging from $5 to $25 million for initial investments across a diverse array of industries, primarily concentrating on companies in the U.S. and China.

Jenny Lee

Managing Partner

Haojun Li

Partner

Joshua Wu

Partner

Eric Xu

Managing Partner

Jixun Foo

Global Managing Partner

Past deals in Internet of Things

CYGNUSEMI

Series A in 2022
Cygnus Semi is a semiconductor chip technology company that specializes in developing solutions for 5G Internet-of-Things (IoT) applications. The company focuses on creating advanced connectivity capabilities for smart devices and smart cities. Its products are designed to enhance the performance of electronic devices, allowing manufacturers to integrate high-quality chip technology into their smart products. Through its innovations, Cygnus Semi aims to support the growing demand for enhanced connectivity in various sectors.

Black Lake Technologies

Series C in 2021
Black Lake Technologies is a fast-growing and venture-backed company, revolutionizing manufacturing enterprises with mobile-, IoT- and web-based collaboration platforms that acquire, visualize, monitor and analyze real-time manufacturing data. We enable factory staff (from top management to assembly line workers) to conveniently collaborate, interpret data, extract insights, and take immediate actions. The compoany's clients range from medium-sized enterprises to Fortune 500 conglomerates, whose production is made easier by Black Lake. Its investors include GSR, BAI, GGV, ZhenFund, China Growth Capital and IDG, with over CNY 100 million funding raised to date.

CYGNUSEMI

Seed Round in 2021
Cygnus Semi is a semiconductor chip technology company that specializes in developing solutions for 5G Internet-of-Things (IoT) applications. The company focuses on creating advanced connectivity capabilities for smart devices and smart cities. Its products are designed to enhance the performance of electronic devices, allowing manufacturers to integrate high-quality chip technology into their smart products. Through its innovations, Cygnus Semi aims to support the growing demand for enhanced connectivity in various sectors.

Showmac

Series A in 2020
Showmac Tech focuses on providing internet of things global interconnection services for smart hardware. It also provides customers and partners with a combination of software and hardware eco-level connection solutions, with high security, reliability, and easy rapid deployment and expansion.

JD Digits

Series A in 2020
JD Digits is a technology company that focuses on integrating digital solutions with financial and physical industries to enhance internet connectivity, digitization, and economic growth. The company offers a range of financial services, including consumer and business loans, asset management, payment solutions, and crowdfunding. Its business lines encompass supply chain finance, consumer finance, insurance, and securities. JD Digits also operates a cloud computing platform that utilizes advanced technologies such as data analytics, artificial intelligence, the Internet of Things, and blockchain to deliver tailored financial services and investment management solutions. By leveraging these technologies, the company aims to provide individuals and businesses with secure and high-yield financial options, fostering financial development and industrial upgrades.

Mogulinker Technology

Series B in 2020
Mogulinker Technology (Shenzhen) Co., Ltd. is a software-as-a-service (SaaS) provider specializing in the post-industrial equipment market. Founded in 2016 and based in Shenzhen, China, the company develops a range of products including hardware, software, and cloud service platforms. Mogulinker focuses on sectors such as electromechanical equipment, elevators, base station operation and maintenance, and finance leasing. The company utilizes mobile Internet of Things (IoT) technology to enhance operational efficiency, reduce costs, and improve revenue for its clients. Its key offerings include Mogu BOX, Mogu CLOUD, and Mogu RING, all designed to support its customers in achieving greater competitiveness in their respective industries. Mogulinker prides itself on its independent development and ownership of intellectual property rights.

Yaobianli

Series A in 2019
Yaobianli is a smart drug cabinet machine developer. The drug convenience provides software systems for pharmacies, saas systems around sales tools and user services, and unmanned drug dispenser solutions to help increase sales and promote IT level and data for pharmacy operations. The main products are: drug convenience small program, pharmacy can be settled free of charge, the system supports pharmacy home service, online and offline operation services; member management and sales management tools help improve operational capabilities, unmanned drug machine solutions

Clobotics

Series B in 2019
Clobotics provides intelligent computer vision solutions for the retail and wind power sectors. The company's end-to-end solutions integrate computer vision, artificial intelligence or machine learning, and data analytics software with different hardware form factors like autonomous drones, mobile applications, and other Internet-of-Things devices for companies to automate time-intensive operational processes, increase efficiencies, and boost the bottom line through the use of real-time, data-driven insights, and analysis. The company's solutions are powered by an international research and development team of rare engineering power. It has filed more than 30 patents to-date. Clobotics was founded by Claire Chen, George Yan, Yan Ke, and Zhao Li in November 2016 and has headquarters in Shanghai, China and Seattle, Washington.

Tile

Series C in 2019
Tile gives everything the power of smart location, locating more than six million unique items every day. Leveraging its vast community that spans 195 countries, Tile’s cloud-based finding platform helps people find the things that matter to them most. The company is based in San Mateo, CA and is backed by Francisco Partners, Bessemer Venture Partners, and GGV Capital. For more information, please visit Tile.com.

Sensoro

Series D in 2019
Sensoro is focused on integrating the physical and digital worlds through advanced sensing technologies. Its solutions aim to enhance comfort, security, and health in various environments, including homes, workplaces, and public spaces. By implementing its Alpha Suite, Sensoro offers a robust wireless sensor network that combines ultra-long-range communication with Bluetooth Low Energy technology. This comprehensive system is designed to be simple to implement, manage, and scale, making it suitable for applications in smart cities, asset tracking, energy management, and environmental monitoring. With its long-range, low-power IoT capabilities, Sensoro enables customers to efficiently exchange data between sensor devices and management platforms, ultimately helping businesses reduce operating costs and improve productivity.

Vincross

Series A in 2019
Vincross is a consumer robotics company that provide individuals with the access and the tools to build, create, and explore on robotics. Its flagship robot, HEXA, combines a 6-legged robot that is highly maneuverable, versatile and compact with a robotics operating system (OS) called MIND OS that simplifies robotics functionality so that you can create sophisticated robotic applications or motions with just a few simple lines of code. Vincross was founded in 2014 and is based in Beijing, China. The company is backed by GGV Capital and ZhenFund. Vincross believes that for the future of robotics to be successful, it needs to be available to the many, not the few. By creating consumer robots that fit into everyday life and by building a robotics ecosystem, including software and hardware that is both simple to use and sophisticated, Vincross makes it possible for individuals to access the future of robotics. Today, their robotics ecosystem is used by creators, programmers, hobbyists, robot-lovers and gadget geeks from across the globe. Their ambitions are even bigger. Vincross is ushering in the next generation of consumer robotics, where robots are the most interesting and exciting technology, where robots in your home will be commonplace and they'll be truly valuable and impressive.

Immotor

Series B in 2018
Immotor is a company based in Shenzhen, China, specializing in the development and sale of portable and personal transport systems. Founded by Daniel Huang in 2016, Immotor's product lineup includes the Immotor GO, a portable motorized scooter, and the Immotor Super Battery, which serves as a power management source. Additionally, the company offers Immotor Cloud, a remote control and fleet management tool designed for the Immotor GO. Immotor also provides an intelligent battery swapping system and a battery-as-a-service platform aimed at electric motorcycles and lightweight electric vehicles. The company is committed to promoting cleaner energy through its innovative solutions, including electric bicycle battery-sharing services and a portable electric power station for outdoor activities, all designed to operate with zero emissions.

Nozomi Networks

Series C in 2018
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and Internet of Things (IoT) environments. The company offers a suite of products, including the Guardian system, which monitors network communications and device behavior to enhance visibility and awareness of OT and IoT activities. Additionally, Nozomi Networks provides a Central Management Console for unified oversight of its appliances and services like Threat Intelligence and Asset Intelligence, which keep the Guardian system updated with crucial data about device profiles and behaviors. Their solutions are designed to improve cybersecurity, operational reliability, and integration between IT and OT for various industries, including critical infrastructure, energy, manufacturing, and transportation. Founded in 2013 and headquartered in San Francisco, California, Nozomi Networks has established a global presence with offices in multiple locations.

Clobotics

Series A in 2018
Clobotics provides intelligent computer vision solutions for the retail and wind power sectors. The company's end-to-end solutions integrate computer vision, artificial intelligence or machine learning, and data analytics software with different hardware form factors like autonomous drones, mobile applications, and other Internet-of-Things devices for companies to automate time-intensive operational processes, increase efficiencies, and boost the bottom line through the use of real-time, data-driven insights, and analysis. The company's solutions are powered by an international research and development team of rare engineering power. It has filed more than 30 patents to-date. Clobotics was founded by Claire Chen, George Yan, Yan Ke, and Zhao Li in November 2016 and has headquarters in Shanghai, China and Seattle, Washington.

Immotor

Series A in 2018
Immotor is a company based in Shenzhen, China, specializing in the development and sale of portable and personal transport systems. Founded by Daniel Huang in 2016, Immotor's product lineup includes the Immotor GO, a portable motorized scooter, and the Immotor Super Battery, which serves as a power management source. Additionally, the company offers Immotor Cloud, a remote control and fleet management tool designed for the Immotor GO. Immotor also provides an intelligent battery swapping system and a battery-as-a-service platform aimed at electric motorcycles and lightweight electric vehicles. The company is committed to promoting cleaner energy through its innovative solutions, including electric bicycle battery-sharing services and a portable electric power station for outdoor activities, all designed to operate with zero emissions.

EMI Information

Seed Round in 2018
EMI Information operates in the agricultural technology sector, providing services tailored for large-scale planting operations. The company has developed a smart farming management platform that leverages internet and Internet of Things technology to enhance production visualization efficiency within traditional agricultural practices. Additionally, EMI Information offers services related to the construction of insurance price indexes, facilitating connections between insurance firms and futures agencies. This includes the development and design of insurance price indexes, as well as online underwriting and claims services, which assist insurers in managing and hedging risk effectively.

Niu Technologies

Series B in 2018
Niu Technologies is a manufacturer and seller of smart electric scooters and motorcycles based in China. The company offers a diverse range of products, including the NQi, MQi, UQi, F series electric scooters, and the RQi and TQi series urban commuter motorcycles. Additionally, Niu produces professional bicycles under the NIU Aero series and a variety of accessories such as safety gear, storage solutions, and performance upgrades. Through its NIU app, the company provides services like online repair requests, service station locators, and insurance options. Niu sells its products through a network of city partners, franchised stores, and online platforms, reaching approximately 180 cities in China and several international markets. Founded in 2014 and headquartered in Shanghai, Niu Technologies aims to innovate urban mobility and enhance the lifestyle of city dwellers.

Clobotics

Series A in 2018
Clobotics provides intelligent computer vision solutions for the retail and wind power sectors. The company's end-to-end solutions integrate computer vision, artificial intelligence or machine learning, and data analytics software with different hardware form factors like autonomous drones, mobile applications, and other Internet-of-Things devices for companies to automate time-intensive operational processes, increase efficiencies, and boost the bottom line through the use of real-time, data-driven insights, and analysis. The company's solutions are powered by an international research and development team of rare engineering power. It has filed more than 30 patents to-date. Clobotics was founded by Claire Chen, George Yan, Yan Ke, and Zhao Li in November 2016 and has headquarters in Shanghai, China and Seattle, Washington.

Nozomi Networks

Series B in 2018
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and Internet of Things (IoT) environments. The company offers a suite of products, including the Guardian system, which monitors network communications and device behavior to enhance visibility and awareness of OT and IoT activities. Additionally, Nozomi Networks provides a Central Management Console for unified oversight of its appliances and services like Threat Intelligence and Asset Intelligence, which keep the Guardian system updated with crucial data about device profiles and behaviors. Their solutions are designed to improve cybersecurity, operational reliability, and integration between IT and OT for various industries, including critical infrastructure, energy, manufacturing, and transportation. Founded in 2013 and headquartered in San Francisco, California, Nozomi Networks has established a global presence with offices in multiple locations.

Immotor

Series A in 2017
Immotor is a company based in Shenzhen, China, specializing in the development and sale of portable and personal transport systems. Founded by Daniel Huang in 2016, Immotor's product lineup includes the Immotor GO, a portable motorized scooter, and the Immotor Super Battery, which serves as a power management source. Additionally, the company offers Immotor Cloud, a remote control and fleet management tool designed for the Immotor GO. Immotor also provides an intelligent battery swapping system and a battery-as-a-service platform aimed at electric motorcycles and lightweight electric vehicles. The company is committed to promoting cleaner energy through its innovative solutions, including electric bicycle battery-sharing services and a portable electric power station for outdoor activities, all designed to operate with zero emissions.

Clobotics

Seed Round in 2017
Clobotics provides intelligent computer vision solutions for the retail and wind power sectors. The company's end-to-end solutions integrate computer vision, artificial intelligence or machine learning, and data analytics software with different hardware form factors like autonomous drones, mobile applications, and other Internet-of-Things devices for companies to automate time-intensive operational processes, increase efficiencies, and boost the bottom line through the use of real-time, data-driven insights, and analysis. The company's solutions are powered by an international research and development team of rare engineering power. It has filed more than 30 patents to-date. Clobotics was founded by Claire Chen, George Yan, Yan Ke, and Zhao Li in November 2016 and has headquarters in Shanghai, China and Seattle, Washington.

Tile

Series B in 2017
Tile gives everything the power of smart location, locating more than six million unique items every day. Leveraging its vast community that spans 195 countries, Tile’s cloud-based finding platform helps people find the things that matter to them most. The company is based in San Mateo, CA and is backed by Francisco Partners, Bessemer Venture Partners, and GGV Capital. For more information, please visit Tile.com.

Black Lake Technologies

Series A in 2017
Black Lake Technologies is a fast-growing and venture-backed company, revolutionizing manufacturing enterprises with mobile-, IoT- and web-based collaboration platforms that acquire, visualize, monitor and analyze real-time manufacturing data. We enable factory staff (from top management to assembly line workers) to conveniently collaborate, interpret data, extract insights, and take immediate actions. The compoany's clients range from medium-sized enterprises to Fortune 500 conglomerates, whose production is made easier by Black Lake. Its investors include GSR, BAI, GGV, ZhenFund, China Growth Capital and IDG, with over CNY 100 million funding raised to date.

Nozomi Networks

Series A in 2016
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and Internet of Things (IoT) environments. The company offers a suite of products, including the Guardian system, which monitors network communications and device behavior to enhance visibility and awareness of OT and IoT activities. Additionally, Nozomi Networks provides a Central Management Console for unified oversight of its appliances and services like Threat Intelligence and Asset Intelligence, which keep the Guardian system updated with crucial data about device profiles and behaviors. Their solutions are designed to improve cybersecurity, operational reliability, and integration between IT and OT for various industries, including critical infrastructure, energy, manufacturing, and transportation. Founded in 2013 and headquartered in San Francisco, California, Nozomi Networks has established a global presence with offices in multiple locations.

Tile

Series B in 2016
Tile gives everything the power of smart location, locating more than six million unique items every day. Leveraging its vast community that spans 195 countries, Tile’s cloud-based finding platform helps people find the things that matter to them most. The company is based in San Mateo, CA and is backed by Francisco Partners, Bessemer Venture Partners, and GGV Capital. For more information, please visit Tile.com.

Niu Technologies

Series A in 2016
Niu Technologies is a manufacturer and seller of smart electric scooters and motorcycles based in China. The company offers a diverse range of products, including the NQi, MQi, UQi, F series electric scooters, and the RQi and TQi series urban commuter motorcycles. Additionally, Niu produces professional bicycles under the NIU Aero series and a variety of accessories such as safety gear, storage solutions, and performance upgrades. Through its NIU app, the company provides services like online repair requests, service station locators, and insurance options. Niu sells its products through a network of city partners, franchised stores, and online platforms, reaching approximately 180 cities in China and several international markets. Founded in 2014 and headquartered in Shanghai, Niu Technologies aims to innovate urban mobility and enhance the lifestyle of city dwellers.

Chunmi

Series B in 2016
Chunmi Technology, founded in 2013 and headquartered in Shanghai, China, specializes in the development and manufacturing of smart kitchen appliances. The company offers a range of products, including rice cookers, ovens, and microwaves, all designed to enhance the cooking experience through the integration of Internet of Things (IoT) technology. Chunmi's appliances connect to a mobile application, allowing users to monitor and control their cooking processes conveniently from their smartphones. This focus on innovation aims to provide a seamless and efficient cooking experience for consumers.

Niu Technologies

Series A in 2015
Niu Technologies is a manufacturer and seller of smart electric scooters and motorcycles based in China. The company offers a diverse range of products, including the NQi, MQi, UQi, F series electric scooters, and the RQi and TQi series urban commuter motorcycles. Additionally, Niu produces professional bicycles under the NIU Aero series and a variety of accessories such as safety gear, storage solutions, and performance upgrades. Through its NIU app, the company provides services like online repair requests, service station locators, and insurance options. Niu sells its products through a network of city partners, franchised stores, and online platforms, reaching approximately 180 cities in China and several international markets. Founded in 2014 and headquartered in Shanghai, Niu Technologies aims to innovate urban mobility and enhance the lifestyle of city dwellers.

Tile

Series A in 2014
Tile gives everything the power of smart location, locating more than six million unique items every day. Leveraging its vast community that spans 195 countries, Tile’s cloud-based finding platform helps people find the things that matter to them most. The company is based in San Mateo, CA and is backed by Francisco Partners, Bessemer Venture Partners, and GGV Capital. For more information, please visit Tile.com.

HiWiFi

Series A in 2013
HiWiFi is a smart router powdered by operating systems, enabling users to install apps on the product. As we reported previously, HiWiFi differs from other routers in that it offers an open platform, which can speed up the download from iTunesStore, Google Play and Xiaomi app store, a function usually needs third-party plug-ins.

Spice i2i

Venture Round in 2005
Headquartered in Singapore, Si2i (formerly known as Spice i2i Limited) has transformed itself from a one-stop service provider for voice, data and communication to a global company focused on promoting a digitally connected lifestyle through its innovative mobile phones and mobile internet solutions. Given its experience of operating in fast-growing and rapidly evolving markets, the Company has implemented its 'i2i' strategy that focuses on 'Innovation to Infinity' to bring groundbreaking new mobile products and services to emerging markets across the Asian region. Over the course of the year, the Company has made significant progress towards the achievement of its 'i2i' strategy by expanding its footprint through brand acquisitions of 'Nexian' in Indonesia, 'WellcoM' in Thailand and the Greater Mekong Sub-region, 'Spice Malaysia' in Malaysia and the creation of 'S' brand in Singapore. The strengthened market presence together with its ingrained technological expertise has created a solid platform to ride the growing band of mobile users in the region. Moving forward, Si2i is confident of meeting the evolving needs of its consumers to facilitate their aspirations for a 'SWITCH' to the Mobile Internet and the ensuing digitally connected lifestyle.
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