Global VC firm GGV Capital targets to raise $2.5b for four new funds

Global VC firm GGV Capital targets to raise $2.5b for four new funds

GGV Capital's partners. Source: GGV Capital

Global venture capital firm GGV Capital is in the market raising a combined $2.5 billion for four new funds to focus on China, the US, and Southeast Asia, according to its latest filing with the U.S. Securities and Exchange Commission (SEC).