GGV Capital V

GGV Capital V, established in 2016, is a venture capital fund based in Menlo Park, California, managed by GGV Capital. The fund invests in the United States and China, focusing on the software sector. It typically allocates USD 5 to 25 million for initial investments in companies within this sector.

Jixun Foo

Global Managing Partner

Haojun Li

Partner

Huey Lin

Venture Partner

Joshua Wu

Partner

Past deals in Internet of Things

Beep Technologies

Seed Round in 2023
Beep develops a modular platform bridging the physical and digital divide, powering smart, contextual, and interoperable connectivity across physical touchpoints.

Mogulinker Technology

Series C in 2022
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.

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 an innovative company focused on transforming manufacturing through advanced mobile, IoT, and web-based collaboration platforms. These platforms enable real-time data acquisition, visualization, monitoring, and analysis, facilitating seamless communication among factory staff, from management to assembly line workers. By providing algorithm-driven and easily configurable systems, Black Lake lowers the barriers for manufacturers to adopt data analytics, fostering self-innovation and enhancing operational efficiency. The company serves a diverse clientele, including medium-sized enterprises and Fortune 500 companies, streamlining their production processes. With significant venture backing and over CNY 100 million in funding, Black Lake is well-positioned to lead the evolution of smart factories and improve manufacturing cycles.

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 specializes in internet of things (IoT) communication solutions, primarily through eSIM technology. The company offers a range of services, including smart communication modules and an IoT communication traffic management platform. Its solutions focus on providing stable and reliable connectivity for smart hardware, ensuring high security and ease of deployment. Showmac Tech aims to facilitate global interconnection services for its customers and partners, delivering a comprehensive combination of software and hardware solutions tailored for the evolving IoT landscape.

JD Digits

Series A in 2020
JD Digits, a subsidiary of JD.com, is a technology company that bridges the financial and physical industries. It offers digital solutions such as supply chain finance, consumer finance, insurance, and securities. The company's platform leverages data technology, AI, IoT, and blockchain to provide secure, high-yield, customized financial services and investment management for both individual and business users. Additionally, JD Digits operates JD Digital Insurance, which offers online loan and insurance solutions.

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 Co., Ltd. is a technology company specializing in artificial intelligence software solutions tailored for the retail and wind turbine inspection sectors. Founded in November 2016, the company is headquartered in Shanghai, China, with additional offices in Bellevue, Washington, and a branch in Singapore. Clobotics integrates computer vision, artificial intelligence, and data analytics software with various hardware, including drones and mobile applications, to automate labor-intensive operational processes. Its end-to-end solutions facilitate real-time data collection, analysis, and visualization, enabling businesses to enhance efficiency and decision-making through actionable insights. The company has an international research and development team and has filed over 30 patents, highlighting its commitment to innovation in data-driven technologies.

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.

Black Lake Technologies

Series B in 2019
Black Lake Technologies is an innovative company focused on transforming manufacturing through advanced mobile, IoT, and web-based collaboration platforms. These platforms enable real-time data acquisition, visualization, monitoring, and analysis, facilitating seamless communication among factory staff, from management to assembly line workers. By providing algorithm-driven and easily configurable systems, Black Lake lowers the barriers for manufacturers to adopt data analytics, fostering self-innovation and enhancing operational efficiency. The company serves a diverse clientele, including medium-sized enterprises and Fortune 500 companies, streamlining their production processes. With significant venture backing and over CNY 100 million in funding, Black Lake is well-positioned to lead the evolution of smart factories and improve manufacturing cycles.

Vincross

Series A in 2019
Vincross Inc. is a consumer robotics company founded in 2014 and headquartered in Beijing, China. It designs and develops advanced robotics technology, focusing on accessibility and usability for individuals. The company's flagship product, HEXA, is a versatile six-legged robot capable of traversing various terrains, including climbing stairs, and is equipped with sensors for responsive interaction with its environment. HEXA operates on MIND OS, a user-friendly robotics operating system that allows users to create sophisticated robotic applications with minimal coding. Vincross aims to democratize robotics, making it available to a broad audience, including creators, programmers, and hobbyists. The company envisions a future where robots are integral to daily life, providing innovative solutions for applications such as scientific exploration, firefighting, and rescue operations. Through its commitment to developing a comprehensive robotics ecosystem, Vincross is positioning itself at the forefront of the next generation of consumer robotics.

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 Co., Ltd. is a technology company specializing in artificial intelligence software solutions tailored for the retail and wind turbine inspection sectors. Founded in November 2016, the company is headquartered in Shanghai, China, with additional offices in Bellevue, Washington, and a branch in Singapore. Clobotics integrates computer vision, artificial intelligence, and data analytics software with various hardware, including drones and mobile applications, to automate labor-intensive operational processes. Its end-to-end solutions facilitate real-time data collection, analysis, and visualization, enabling businesses to enhance efficiency and decision-making through actionable insights. The company has an international research and development team and has filed over 30 patents, highlighting its commitment to innovation in data-driven technologies.

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 Co., Ltd. is a technology company specializing in artificial intelligence software solutions tailored for the retail and wind turbine inspection sectors. Founded in November 2016, the company is headquartered in Shanghai, China, with additional offices in Bellevue, Washington, and a branch in Singapore. Clobotics integrates computer vision, artificial intelligence, and data analytics software with various hardware, including drones and mobile applications, to automate labor-intensive operational processes. Its end-to-end solutions facilitate real-time data collection, analysis, and visualization, enabling businesses to enhance efficiency and decision-making through actionable insights. The company has an international research and development team and has filed over 30 patents, highlighting its commitment to innovation in data-driven technologies.

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 Co., Ltd. is a technology company specializing in artificial intelligence software solutions tailored for the retail and wind turbine inspection sectors. Founded in November 2016, the company is headquartered in Shanghai, China, with additional offices in Bellevue, Washington, and a branch in Singapore. Clobotics integrates computer vision, artificial intelligence, and data analytics software with various hardware, including drones and mobile applications, to automate labor-intensive operational processes. Its end-to-end solutions facilitate real-time data collection, analysis, and visualization, enabling businesses to enhance efficiency and decision-making through actionable insights. The company has an international research and development team and has filed over 30 patents, highlighting its commitment to innovation in data-driven technologies.

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 an innovative company focused on transforming manufacturing through advanced mobile, IoT, and web-based collaboration platforms. These platforms enable real-time data acquisition, visualization, monitoring, and analysis, facilitating seamless communication among factory staff, from management to assembly line workers. By providing algorithm-driven and easily configurable systems, Black Lake lowers the barriers for manufacturers to adopt data analytics, fostering self-innovation and enhancing operational efficiency. The company serves a diverse clientele, including medium-sized enterprises and Fortune 500 companies, streamlining their production processes. With significant venture backing and over CNY 100 million in funding, Black Lake is well-positioned to lead the evolution of smart factories and improve manufacturing cycles.

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.

Vincross

Series A in 2016
Vincross Inc. is a consumer robotics company founded in 2014 and headquartered in Beijing, China. It designs and develops advanced robotics technology, focusing on accessibility and usability for individuals. The company's flagship product, HEXA, is a versatile six-legged robot capable of traversing various terrains, including climbing stairs, and is equipped with sensors for responsive interaction with its environment. HEXA operates on MIND OS, a user-friendly robotics operating system that allows users to create sophisticated robotic applications with minimal coding. Vincross aims to democratize robotics, making it available to a broad audience, including creators, programmers, and hobbyists. The company envisions a future where robots are integral to daily life, providing innovative solutions for applications such as scientific exploration, firefighting, and rescue operations. Through its commitment to developing a comprehensive robotics ecosystem, Vincross is positioning itself at the forefront of the next generation of consumer robotics.

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 provider of smart routers that feature a proprietary operating system, allowing users to install various internet-connected applications directly on the device. Unlike traditional routers, HiWiFi offers an open platform that enhances download speeds from popular app stores, including iTunes, Google Play, and Xiaomi's app store, eliminating the need for third-party plug-ins. The company's wireless connectivity equipment is designed to integrate cloud services and application software, providing users with a versatile solution for their wireless connectivity needs.

UCWeb

Series D in 2011
UCWeb, Inc. is a technology company specializing in mobile internet software and services. Its flagship product, UC Browser, is a versatile mobile browser compatible with a wide range of operating systems including Android, iOS, and BlackBerry OS, and is available on over 3,000 mobile devices from more than 200 manufacturers. In addition to UC Browser, the company offers a suite of products, including UC Paradise, UC Desktop, UC Video, UC Thunder, and UC SafeBox. Founded in 2004, UCWeb has made significant advancements in mobile browsing technology, with a dedicated workforce of over 1,700 employees focused on research and development, and holds more than 200 patents in this field. The company operates independent servers across Asia, North America, and Europe, catering to over 400 million users in more than 150 countries, and provides its services in 11 languages. UCWeb has expanded its global presence with offices in India and the United States.

UCWeb

Series C in 2010
UCWeb, Inc. is a technology company specializing in mobile internet software and services. Its flagship product, UC Browser, is a versatile mobile browser compatible with a wide range of operating systems including Android, iOS, and BlackBerry OS, and is available on over 3,000 mobile devices from more than 200 manufacturers. In addition to UC Browser, the company offers a suite of products, including UC Paradise, UC Desktop, UC Video, UC Thunder, and UC SafeBox. Founded in 2004, UCWeb has made significant advancements in mobile browsing technology, with a dedicated workforce of over 1,700 employees focused on research and development, and holds more than 200 patents in this field. The company operates independent servers across Asia, North America, and Europe, catering to over 400 million users in more than 150 countries, and provides its services in 11 languages. UCWeb has expanded its global presence with offices in India and the United States.

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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