Among the companies that GGV capital has invested in is Ventureswiggersventurebeat. The edtech company provides a personalized learning platform with an AI-based optical character reading technology. It has also backed a number of unicorn companies. The company has received a cumulative investment of $104 million, and the new funds will help the company grow its international footprint.
Another edtech company that GGV capital has invested in is Momenta. Momenta was founded by Cao Xudong, a former executive director of research and development at Chinese face recognition start-up SenseTime. The company has completed a US$46 million series B round in August. The funding will be used to develop new features and improve the system performance.
Other companies that GGV capital has invested in include Azota, a Vietnamese education technology company. Azota has raised US$2.4 million in pre-series A funding from GGV capital and Do Ventures. The company plans to develop new features to better serve hybrid learning in the post-pandemic era. It will also use the funding to expand its engineering resources and build out its global footprint.
GGV also invested in MegaRobo Technologies, a Chinese company that provides AI-powered robotics for life sciences research. It has received funding from a variety of investors including Goldman Sachs Asset Management, Redview Capital, Sinovation Ventures, and Asia Investment Capital.
GGV also invested in Synack, a company that offers AI-based solutions for continuous application security. This includes penetration testing services. Its investors include Singtel Innov8, Microsoft’s M12 fund, Hewlett Packard Enterprise, and GV (formerly Google Ventures). GGV also invested in a variety of other unicorn companies including Electric, Incorta, and Ezoic.
GGV Capital is a global venture capital firm that manages $6.2 billion in capital across 13 funds. It is known for its focus on seed-to-growth stage investments. It also provides content to companies that it invests in, including thought pieces and insights about the next billion Internet users. GGV has invested in numerous unicorn companies, and is the first domestic VC firm to do so. It has also backed a number edtech companies, including Mathpresso and Cockroach Labs.
ggv capital invests in wiggersventurebeat
Earlier this month GGV Capital announced the launch of its largest fund lineup ever – 17 funds totaling over $9.2 billion in committed capital – and an impressive array of fund managers. The company’s impressive portfolio also includes GGV Ventures, which has a slew of seed, early-stage and growth-stage opportunities in a variety of sectors, including healthcare, fintech and consumer & retail. And GGV Capital RMB, the latest and greatest of the bunch, has closed on a staggering RMB 3.4 billion. As the name suggests, GGV Capital RMB is a full-service venture capital firm that specializes in helping Chinese entrepreneurs achieve international prominence. Despite the fact that China is a long way from Silicon Valley, the aforementioned company has managed to make an impression on a number of marquee investors.
One of the most impressive feats of GGV Capital is the way it uses a proprietary technology to identify promising companies before they have even formally applied for funding. In particular, the firm has successfully identified companies in the fintech and retail sectors. One of these early-stage companies is Clobotics, an artificial intelligence startup. The company has already raised $11 million in seed funding, the largest round to date for an AI-powered health tech startup. It’s also home to the most senior AI-first employee at GGV Capital, whose job it is to make recommendations based on machine learning and behavioral analytics.