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 Packaging Services

Baoxiao Box

Series A in 2022
Baoxiao Box provides 2D design, 3D definition rendering, packaging design tools, and an e-commerce printing service. They allow users to create, make edits, and connect with producers, providing designers with tools to create their packages.

Frubana

Series C in 2021
Frubana S.A.S. is a Bogotá-based B2B platform established in 2018 that specializes in providing fruits, vegetables, and other agricultural products to restaurants and small retailers in Latin America. By eliminating intermediaries in the food supply chain, Frubana enhances price transparency and reduces barriers to trade, allowing restaurants to source ingredients directly from producers. The company operates an online store that facilitates logistics and builds trust within the marketplace, ensuring that clients have access to quality food products efficiently.

Deformed Building Blocks

Series B in 2021
Deformed Building Blocks is a prefabricated interior service provider for residential, high-end apartments & hotels, and elderly care.

Growthwell

Series A in 2021
Growthwell Group specializes in providing vegetarian food solutions, focusing on sustainable and nutritious plant-based products. The company supplies high-quality ingredients that are rich in protein, fiber, and carbohydrates, catering to the needs of food and beverage businesses. Growthwell aims to support these organizations by offering excellent logistics and customer service, enabling them to thrive and succeed in the competitive market. Through its commitment to organic and healthy meat alternatives, Growthwell contributes to the ongoing development of both physical and mental health for consumers.

Frubana

Series B in 2021
Frubana S.A.S. is a Bogotá-based B2B platform established in 2018 that specializes in providing fruits, vegetables, and other agricultural products to restaurants and small retailers in Latin America. By eliminating intermediaries in the food supply chain, Frubana enhances price transparency and reduces barriers to trade, allowing restaurants to source ingredients directly from producers. The company operates an online store that facilitates logistics and builds trust within the marketplace, ensuring that clients have access to quality food products efficiently.

Frubana

Series A in 2020
Frubana S.A.S. is a Bogotá-based B2B platform established in 2018 that specializes in providing fruits, vegetables, and other agricultural products to restaurants and small retailers in Latin America. By eliminating intermediaries in the food supply chain, Frubana enhances price transparency and reduces barriers to trade, allowing restaurants to source ingredients directly from producers. The company operates an online store that facilitates logistics and builds trust within the marketplace, ensuring that clients have access to quality food products efficiently.

Frubana

Pre Seed Round in 2018
Frubana S.A.S. is a Bogotá-based B2B platform established in 2018 that specializes in providing fruits, vegetables, and other agricultural products to restaurants and small retailers in Latin America. By eliminating intermediaries in the food supply chain, Frubana enhances price transparency and reduces barriers to trade, allowing restaurants to source ingredients directly from producers. The company operates an online store that facilitates logistics and builds trust within the marketplace, ensuring that clients have access to quality food products efficiently.

Citybox

Series A in 2017
Citybox is a smart vending machine operator based in Shanghai, China, established in 2015. The company specializes in manufacturing retail terminals that function as refrigerators equipped with QR code stamps, anti-theft features, and user tracking capabilities. Citybox provides a selection of fresh produce, including yogurt and chilled lunchboxes, targeting various sectors such as offices, residential communities, shopping malls, and schools.

Boxed

Series C in 2016
Founded in 2013, Boxed has taken the best elements of the wholesale shopping experience and folded it into one innovative, cutting edge mobile app that allows consumers direct-to-their-door access to all of their favorite warehouse club products, without membership fees. Boxed brings convenience and savings to on-the-go consumers who don’t have the time, means or patience to shop at a brick and mortar big box club. The elegantly designed iPhone and Android app offers bulk-sized goods at pint-sized prices, and is completely free to download and use. Boxed does all the heavy lifting, delivering a rich array of wholesale items directly to doorsteps across the continental United States in two days or less. The brand’s innovative discovery-based design recreates the fun of the treasure hunt experience with a curated selection of everyday essentials that consumers love including household staples, health and beauty supplies, office pantry and grocery items, and a wide variety of organic and green products.

Boxed

Series B in 2015
Founded in 2013, Boxed has taken the best elements of the wholesale shopping experience and folded it into one innovative, cutting edge mobile app that allows consumers direct-to-their-door access to all of their favorite warehouse club products, without membership fees. Boxed brings convenience and savings to on-the-go consumers who don’t have the time, means or patience to shop at a brick and mortar big box club. The elegantly designed iPhone and Android app offers bulk-sized goods at pint-sized prices, and is completely free to download and use. Boxed does all the heavy lifting, delivering a rich array of wholesale items directly to doorsteps across the continental United States in two days or less. The brand’s innovative discovery-based design recreates the fun of the treasure hunt experience with a curated selection of everyday essentials that consumers love including household staples, health and beauty supplies, office pantry and grocery items, and a wide variety of organic and green products.

CSD E.P. Water Service

Series B in 2013
CSD (Beijing) Environmental Protection Development Co., Ltd. operates as CSD E.P. Water Service Co., Ltd., specializing in environmental infrastructure management solutions in China. As a subsidiary of the CSD Environmental Protection group, the company focuses primarily on sewerage treatment and the operational control of environmental infrastructure. CSD E.P. Water Service has established itself as a leading brand in the management of environmental infrastructure in China, serving a diverse client base that includes small and medium-sized city governments. The company is recognized for its long-term environmental management services and possesses an array of innovative service products along with a superior operational management system. It boasts a skilled team within the domestic operation management industry and maintains strong connections with industry and government clients, leveraging extensive experience in engineering technical services.

Shandong Rongqing

Series A in 2007
Long distance cargo transportation and distribution
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