GGV Capital IX

GGV Capital IX is a venture capital fund managed by GGV Capital, a global firm founded in 2000 that focuses on investing in local founders across various sectors. The firm specializes in seed-to-growth stage investments, targeting industries such as Consumer/New Retail, Social/Digital & Internet, Enterprise/Cloud, and Frontier Tech. GGV Capital manages a total of $6.2 billion across 13 funds and has a diversified portfolio that includes notable companies like Airbnb, Alibaba, and Peloton. With offices in key locations such as Beijing, San Francisco, and Shanghai, GGV Capital aims to provide expansion capital ranging from $5 to $25 million for initial investments in both the United States and China. The firm's approach is to support innovative entrepreneurs and emerging technologies that can shape the future of their respective industries.

Jixun Foo

Global Managing Partner

Jenny Lee

Managing Partner

Haojun Li

Partner

Joshua Wu

Partner

Eric Xu

Managing Partner

Past deals in Internet of Things

Cygnusemi

Series A in 2022
Cygnus Semi is a semiconductor chip technology company that focuses on 5G IoT applications.

TDengine

Series B in 2021
Beijing TAOS Data Technology Co., Ltd. specializes in the acquisition, storage, and analysis of time-space data, particularly for the Internet of Things (IoT) and connected vehicles. The company has developed TDengine, a big data platform that addresses the challenges posed by the rapid growth of connected devices. TDengine is designed to efficiently collect, store, compute, and analyze time-series data, demonstrating performance that exceeds traditional time-series databases by a significant margin. The platform's core components, including the storage and computing engine, are fully open-sourced, reflecting TAOS Data's commitment to transparency and community-driven development. The company's mission centers on enhancing customer success by providing a comprehensive IoT big data solution that minimizes operational complexity and costs. Headquartered in Beijing, TAOS Data has a team that spans locations in China and California, supported by investors including prominent venture capital firms.

VDOO

Series B in 2021
VDOO Connected Trust Ltd. specializes in providing an end-to-end Internet of Things (IoT) security platform designed to enhance product security throughout the entire product lifecycle. Founded in 2017 and headquartered in Herzliya, Israel, with additional offices in the United Kingdom and the United States, VDOO offers automated solutions that assist development and security teams in identifying, prioritizing, and mitigating various security issues. Their platform addresses a wide range of concerns, including vulnerabilities in third-party software, embedded malware, configuration risks, and compliance with standards. VDOO's comprehensive approach enables manufacturers, vendors, and service providers to strengthen their device security capabilities, reduce overall risks, and improve customer adoption while minimizing time-to-market and resource requirements.

Cygnusemi

Seed Round in 2021
Cygnus Semi is a semiconductor chip technology company that focuses on 5G IoT applications.

EMQ Technologies

Series B in 2020
EMQ is an open-source software company providing highly-scalable, real-time messaging and streaming engines for IoT platforms & applications in the 5G Era. In 2013, EMQ launched on GitHub as an open-source project. At present, EMQ has become the most widely used open-source distributed MQTT message broker in the world. In 2017, driven by rapidly increasing demands, we launched EMQ Technologies Co., Ltd to accelerate deployment in production and provide professional tech support for our global clients.

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.

TDengine

Series A in 2020
Beijing TAOS Data Technology Co., Ltd. specializes in the acquisition, storage, and analysis of time-space data, particularly for the Internet of Things (IoT) and connected vehicles. The company has developed TDengine, a big data platform that addresses the challenges posed by the rapid growth of connected devices. TDengine is designed to efficiently collect, store, compute, and analyze time-series data, demonstrating performance that exceeds traditional time-series databases by a significant margin. The platform's core components, including the storage and computing engine, are fully open-sourced, reflecting TAOS Data's commitment to transparency and community-driven development. The company's mission centers on enhancing customer success by providing a comprehensive IoT big data solution that minimizes operational complexity and costs. Headquartered in Beijing, TAOS Data has a team that spans locations in China and California, supported by investors including prominent venture capital firms.

TDengine

Series A in 2020
Beijing TAOS Data Technology Co., Ltd. specializes in the acquisition, storage, and analysis of time-space data, particularly for the Internet of Things (IoT) and connected vehicles. The company has developed TDengine, a big data platform that addresses the challenges posed by the rapid growth of connected devices. TDengine is designed to efficiently collect, store, compute, and analyze time-series data, demonstrating performance that exceeds traditional time-series databases by a significant margin. The platform's core components, including the storage and computing engine, are fully open-sourced, reflecting TAOS Data's commitment to transparency and community-driven development. The company's mission centers on enhancing customer success by providing a comprehensive IoT big data solution that minimizes operational complexity and costs. Headquartered in Beijing, TAOS Data has a team that spans locations in China and California, supported by investors including prominent venture capital firms.

RT-Thread

Series B in 2019
RT-Thread is a Shanghai-based company established in 2006 that specializes in developing an open-source real-time operating system (RTOS) for embedded devices. The RTOS is designed for a wide range of applications, particularly in the Internet of Things (IoT) sector, offering features such as cross-chip compatibility, cloud integration, ultra-low power consumption, and security. The system includes a device virtual file system, a device manager framework, low-power management, and firmware update capabilities. RT-Thread supports both resource-constrained microcontroller systems with its Nano version, which requires minimal memory, and more resource-rich IoT devices, allowing for modular customization through user-friendly tools. The company serves various industries, including new energy, home appliances, and transportation, providing a stable and scalable platform that facilitates easy access to major IoT cloud services.

RT-Thread

Series B in 2019
RT-Thread is a Shanghai-based company established in 2006 that specializes in developing an open-source real-time operating system (RTOS) for embedded devices. The RTOS is designed for a wide range of applications, particularly in the Internet of Things (IoT) sector, offering features such as cross-chip compatibility, cloud integration, ultra-low power consumption, and security. The system includes a device virtual file system, a device manager framework, low-power management, and firmware update capabilities. RT-Thread supports both resource-constrained microcontroller systems with its Nano version, which requires minimal memory, and more resource-rich IoT devices, allowing for modular customization through user-friendly tools. The company serves various industries, including new energy, home appliances, and transportation, providing a stable and scalable platform that facilitates easy access to major IoT cloud services.

Sensoro

Series D in 2019
Sensoro Co., Ltd. specializes in the manufacturing of chips, sensors, and communication modules that facilitate the collection and transmission of data through proximity and wireless sensor networks, catering to various Internet of Things (IoT) applications. The company’s product lineup includes the Alpha Base Station, Alpha Gateway, and Alpha Node-4AA, which provide comprehensive signal coverage and centralized management for IoT networks. Additionally, Sensoro offers innovative devices such as Yunzi, a multi-sensory device for real-world interactions, and Sensoro Beacon, a wireless intelligent sensor. Their advanced technology enables businesses to enhance operational efficiency and improve comfort and security in various environments, including smart city projects across the United Kingdom, Europe, Malaysia, and China. Founded in 2013, Sensoro is headquartered in Beijing, with additional offices in Shenzhen, Shanghai, and Seattle.

VDOO

Series B in 2019
VDOO Connected Trust Ltd. specializes in providing an end-to-end Internet of Things (IoT) security platform designed to enhance product security throughout the entire product lifecycle. Founded in 2017 and headquartered in Herzliya, Israel, with additional offices in the United Kingdom and the United States, VDOO offers automated solutions that assist development and security teams in identifying, prioritizing, and mitigating various security issues. Their platform addresses a wide range of concerns, including vulnerabilities in third-party software, embedded malware, configuration risks, and compliance with standards. VDOO's comprehensive approach enables manufacturers, vendors, and service providers to strengthen their device security capabilities, reduce overall risks, and improve customer adoption while minimizing time-to-market and resource requirements.

Nozomi Networks

Series C in 2018
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and the Internet of Things (IoT). The company offers a suite of products, including its Guardian system, which monitors network communications and device behaviors to enhance awareness of OT and IoT environments. Key offerings include a Central Management Console for unified visibility and management, as well as Threat Intelligence and Asset Intelligence services that provide continuous updates on device profiles and security threats. Nozomi Networks supports a wide range of industries, including energy, manufacturing, transportation, and critical infrastructure, enabling clients to manage cyber risks and improve operational resilience. Founded in 2013 and headquartered in San Francisco, California, the company has established a global presence with additional offices worldwide.

iOranges Automation

Series B in 2018
iOranges Automation is a company based in Shenzhen, China, specializing in the development of machine vision positioning systems. The firm operates at the intersection of artificial intelligence and robotics, focusing on innovative solutions that enhance automation processes. Through its advanced technology, iOranges Automation aims to improve efficiency and precision in various industrial applications.

Nozomi Networks

Series B in 2018
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and the Internet of Things (IoT). The company offers a suite of products, including its Guardian system, which monitors network communications and device behaviors to enhance awareness of OT and IoT environments. Key offerings include a Central Management Console for unified visibility and management, as well as Threat Intelligence and Asset Intelligence services that provide continuous updates on device profiles and security threats. Nozomi Networks supports a wide range of industries, including energy, manufacturing, transportation, and critical infrastructure, enabling clients to manage cyber risks and improve operational resilience. Founded in 2013 and headquartered in San Francisco, California, the company has established a global presence with additional offices worldwide.

Nozomi Networks

Series A in 2016
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and the Internet of Things (IoT). The company offers a suite of products, including its Guardian system, which monitors network communications and device behaviors to enhance awareness of OT and IoT environments. Key offerings include a Central Management Console for unified visibility and management, as well as Threat Intelligence and Asset Intelligence services that provide continuous updates on device profiles and security threats. Nozomi Networks supports a wide range of industries, including energy, manufacturing, transportation, and critical infrastructure, enabling clients to manage cyber risks and improve operational resilience. Founded in 2013 and headquartered in San Francisco, California, the company has established a global presence with additional offices worldwide.

Chunmi

Series B in 2016
Shanghai Chunmi Electronic Technology Co., Ltd. is a manufacturer of smart kitchen appliances, established in 2013 and headquartered in Shanghai, China. The company specializes in the production of induction rice cookers and a variety of other kitchen appliances, including ovens and microwaves. Chunmi's products integrate Internet of Things (IoT) technology, allowing consumers to connect their appliances to a mobile application for real-time updates and control over the cooking process, enhancing the overall cooking experience.

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.

Spice i2i Ltd

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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