GGV raises its biggest USD fund series at $2.5b, on track to closing RMB Fund II

GGV raises its biggest USD fund series at $2.5b, on track to closing RMB Fund II

The GGV Capital team. Photo: GGV website

Global venture capital (VC) powerhouse GGV Capital announced on Thursday that it has raised $2.52 billion for four US dollar funds, and that it is on track to closing about 3.4 billion yuan ($525 million) for its second RMB-denominated fund.

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