Fundraising Fox

Granite Asia

Crossover fund

Singapore · Seed–Late Stage · 29 people tracked

Also known as GGV · GGV Capital · GRANITE ASIA CAPITAL PTE. LTD. · Granite Global Ventures

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Investment thesis

Granite Asia positions itself as a multi-asset investment platform dedicated to funding purposeful growth across Asia, the world's fastest-growing region. Recognizing that top companies stay private longer while investors seek greater liquidity, the firm crafts bespoke financing structures spanning multiple assets and strategies. Drawing on 24 years of experience across six economic cycles, it emphasizes a strong track record — claiming to have funded 18% of the region's billion-dollar companies (48 and counting) — and leverages an extensive network to build transformative partnerships. Rather than passive capital, the firm stresses hands-on support to help portfolio businesses scale and succeed.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
Check
$5M – $25M
HQ
Singapore, SG
Leads rounds
Follows
Instruments
Equity · Debt
Founded
2000
Last 12 months
1 investment
AUM
$10B
VC funds
1
Tracked investments
59

Team · 29 people

from the firm's website & curated & public directories
Brandon Aw· Managing Director

Managing Director on the Granite Asia Libra Hybrid team.

Grace Zhou· Partner, CFO (Funds)
Noelle Tan· Partner, Global Client Solutions
Terence Jen· Partner, Group Chief Operating Officer
Wei Hun Liew· Venture Partner
Adelyn Toh· HR Manager
Alan Chee· Senior Associate

Senior Associate on the Granite Asia Libra Hybrid team based in Singapore.

Alan Zhu· Legal Manager
Alex Zhou· Associate

Associate on the Investment Team based in Beijing.

Benjamin Spencer Tan· Data Analysis Manager
Carol Wang· Senior Office Manager
Charmaine Su· Senior Legal Counsel (Funds)
Hyomi Jie· Portfolio Manager
Zoe Zhao· General Counsel, Portfolio & Investments

What they invest in

from 37 of 59 portfolio companies

AI & Machine Learning ×17Consumer ×8Hardware ×7Mobility & Transportation ×7SaaS ×7Logistics & Supply Chain ×6Robotics ×6Deep Tech ×5

HQs:China×15United States×5Singapore×3Brazil×1Hong Kong×1Japan×1

Who they back

founder profiles across 16 portfolio companies
50%
solo founders
8 of 16 mapped founding teams

Founding team size:solo founder×82 founders×43 founders×34+ founders×1

Where their founders studiedfrom 11 founders with education data

University of Cambridge ×2

Investments · 59 tracked

founders shown can be your intro path

By year:2025 · 12024 · 22023 · 14 dated

EHangehang.comin𝕏NASDAQ: EH

EHang develops and manufactures pilotless electric vertical take-off and landing (eVTOL) aircraft for uses such as aerial tourism, intra-city and intercity transport, logistics, and emergency firefighting.

Deep TechHardwareLogistics & Supply ChainMobility & Transportation

Hu Huazhi(Founder)in

Co-investorsPreAngel FundZhenFundLinear Capital

Grabgrab.comin𝕏NASDAQ: GRAB

Grab operates a superapp serving Southeast Asia, offering services including ride-hailing and mobility, deliveries, and financial services through Grab Financial Group.

FintechLogistics & Supply ChainMarketplacesMobility & TransportationSingapore, SG

Anthony Tan(Founder)inCheryl GohChin OngHooi Ling TanKell LimSarah Lim

Co-investors137 Ventures500 Global500 Startups VietnamArbor VenturesBase PartnersBeacon VC+21 more

满帮集团 (Full Truck Alliance)fulltruckalliance.comNYSE: YMM

Technology-driven logistics platform building a smart logistics ecosystem, covering trucking transactions, financial services, aftermarket, and autonomous driving.

Co-investorsCapitalGDCM VenturesSoftBank Vision FundXiang He Capital

<UNKNOWN>
AI drug discoverybiomap.com

Wei LIU(Founder)in

Co-investorsXiang He Capital

AI drug discoveryearendil.bio
AI manufacturingmegarobo.comin

Megarobo (镁伽科技) develops autonomous agents and multi-agent solutions combining AI and robotic automation for smart laboratories and intelligent manufacturing.

Advanced ManufacturingAI & Machine LearningRobotics

Co-investorsBosch VenturesGobi PartnersRobert Bosch Venture Capital

AI molecular manufacturingchemlex.com

Sen (Sean) Lin(Founder)inPeng Wang(Founder)in

AI toolsnotta.aiin𝕏

Notta provides AI-powered transcription tools available as a web app, mobile app, and Chrome extension, along with features such as AI summaries, meeting minutes, screen recording, and a sales-focused AI agent for recording and analyzing meetings and syncing with CRM.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSTokyo, JP

Yan Zhang(Founder)Ryan Zhang(Representative Director)

Co-investorsPKSHA Technology CapitalLinear Capital

Alibaba (Linkalibaba.com

Alibaba.com operates a global B2B e-commerce marketplace that connects buyers with suppliers and manufacturers for wholesale products across multiple industries.

AI & Machine LearningB2B MarketplacesE-commerce

Co-investorsAcross Capital PartnersF-Prime CapitalICONIQK2 GlobalLead Edge CapitalMosaic Ventures+3 more

Aridgearidge.com

Aridge develops flying cars, including the Land Aircraft Carrier (a modular flying vehicle) and the A868, a high-speed, long-range full tilt-rotor flying car.

Deep TechHardwareMobility & Transportation

B2B industrial ecommerce IPOjdindustry.com
Blacklakeblacklake.cn

Blacklake operates an industrial AI platform that uses agents to read order documents, drawings and tables, then convert them into executable production tasks covering quoting, order splitting, scheduling and fulfillment based on each factory's own processes, equipment and rules.

Advanced ManufacturingAI & Machine LearningSaaSShanghai, CN

Boomeranggetboomerang.aiin𝕏Jan 2024 · $4.9M

Boomerang offers an AI agent ("Rudy") that maps a company's collective relationship network across employees, board members, investors, advisors, customers, and partners to generate warm introductions to enterprise buyers.

AI & Machine LearningSaaSSales Tech

Co-investorsBetter CapitalEMERGENT VENTURESLEADLightShed VenturesSeventySix Capital

BOSS直聘 (Kanzhun)zhipin.com

Zhipin (BOSS直聘) is an online recruitment platform that connects job seekers with employers, letting candidates and hiring managers communicate directly.

Future of WorkHR TechMarketplaces

Co-investorsCeyuan VenturesCoatue ManagementHongShan Capital GroupShunwei Capital

ByteDancebytedance.com

ByteDance builds a portfolio of digital platforms and services focused on short-form video, content creation, e-commerce, and workplace collaboration, serving creators and consumers globally.

Creator EconomyE-commerceMedia & EntertainmentBeijing, CN

Yiming Zhang(Founder)inRubo Liang(Founder; Chairman of the Board)inZhang Yiming(Founder)

Co-investors3Comma CapitalAglae VenturesBase PartnersCoatue ManagementEvolution VC PartnersGaldana Ventures+15 more

Centificcentific.comin𝕏

Centific is an AI and data company that builds platforms and services for enterprise AI teams, focused on data quality, workflows, evaluation, and multilingual and vision AI.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise Software

Tiak Koon Loh(Founder)inChuen Hong Lew(Chief Executive Officer, Board member)Pamela Pei(Chief Operating Officer)Hull Xu(Chief Financial Officer)Vasudevan Sundarababu(Chief Data and AI Officer)Yong Liang(Chief Information Officer)

Centific Global Solutions

Redmond, US

Yanhui Yang(Executive Officer)Yan Pei(Executive Officer, Director)Venkatesh Lakshmipathi Rangapuram(Executive Officer, Director)Heng Choon Lim(Executive Officer, Director)

BoardJenny Hongwei Lee(Director)Tiak Koon Loh(Director)

Cloboticsclobotics.comin

Founded in 2016, Clobotics combines computer vision, robotics, and AI to help enterprises digitize and analyze physical operations, focused on the wind energy and retail sectors.

AI & Machine LearningRetail TechRoboticsSingapore, SG

Claire Chen(Founder)inYan Ke(Founder)

Dianxiaomidianxiaomi.com

Dianxiaomi operates a cross-border e-commerce service portal that helps Chinese merchants register for and onboard onto international online marketplaces such as TEMU, TikTok Shop, Shopee, Amazon, Lazada, and Walmart.

E-commerceLogistics & Supply ChainRetail TechSaaSShenzhen, CN

Co-investorsSoftBank Vision Fund

Digital servicespactera.com
Ecommerce IPOjushuitan.com

Co-investorsVision Plus Capital

Fortune China 500fortunechina.comin

Fortune China is the Chinese-language edition of Fortune, publishing business and finance news, analysis, and video content covering companies, markets, technology, and executives.

Media & Entertainment

Geek+geekplus.comin𝕏

Geek+ is an autonomous mobile robot (AMR) provider offering warehouse automation and supply chain robotics solutions, serving system integrators, distributors, and logistics consulting firms through a global partner program.

AI & Machine LearningHardwareLogistics & Supply ChainRoboticsSaaS

Yong Zheng(Founder & CEO)Hongbo Li(Co-Founder & CTO)Kai Liu(Co-Founder & VP of System R&D)Xi Chen(Co-Founder & VP of Robotics R&D)Hongyan Liu(CFO)

Co-investorsVertex Ventures ChinaWarburg PincusChina Internet Investment FundB Capital GroupB4 CapitalVertex Ventures

Hellobikehellobike.com𝕏

Hellobike (哈啰出行) operates a bike-sharing and mobility platform in China, offering shared bicycles, e-bikes, and battery-swapping services.

ConsumerIoTMarketplacesMobility & TransportationShanghai, CN

杨磊 (Yang Lei)(Co-founder & CEO)李开逐 (Li Kaizhu)(Co-founder, Executive President)Lei Yang(Founder)in

Co-investorsXVC Venture Capital

Ifreifre.com

IFR (International Financing Review) is a financial news and market intelligence publication covering global capital markets, including bonds, equities, loans, securitisation, and IPOs.

FintechMedia & Entertainment

Inngestinngest.comin𝕏Jan 2024 · $6.1M

Inngest is an execution layer for agents and workflows that helps engineers build and optimize event-driven workflows without manual retry logic or queue management.

AI & Machine LearningCloud ComputingDeveloper ToolsRoyal Oak, US

Tony Holdstock-Brown(CEO & Founder)Dan Farrelly(CTO & Founder)inDaniel Farrelly(Executive Officer, Director)

BoardJamin Ball(Director)Dan Cahana(Director)in

Co-investorsAfore CapitalAndreessen HorowitzMotive ForceNotable CapitalPreston-Werner VenturesAltimeter Capital+1 more

Integrisonetrust.comin𝕏Acquired

OneTrust provides a governance platform for privacy, risk, data, and compliance across organizations' technology stacks.

AI & Machine LearningData & InfrastructureEnterprise SoftwareAtlanta, US

Alan J. Dabbiere(Manager)John Marshall(Manager)Kabir Barday(Founder)in

BoardRichard Wells(Manager)inDavid K. Dabbiere(Manager)

Co-investorsAcrew CapitalAdams Street PartnersAmplify PartnersBitkraft Esports VenturesBlackRockBright Pixel Capital+16 more

Jinajina.aiin𝕏Acquired

Jina AI is a search AI company that provides embeddings, rerankers, readers, and small language models for building search applications with relevant, multimodal, and multilingual results.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software

Han Xiao(Founder)in

Co-investorsCanaan PartnersGaia VenturesMango Capital

JOKRjokr.itinSep 2023

JOKR operates an on-demand online grocery service that delivers fresh products and local brands within minutes or on a scheduled basis, offering an assortment of over 10,000 products with AI-driven personalization and inventory prediction.

E-commerceFoodTechLogistics & Supply Chain

Tyler Trerotola(Founder)inRalf Wenzel(Founder)in

Co-investorsActivant CapitalBalderton CapitalG SquaredGreycroftKaszek VenturesNotable Capital+5 more

Keep (3650.HK)gotokeep.com

Co-investorsMorningside Venture Capital Limited

Kuku FMkukufm.com

Indian mobile-first entertainment company operating the Kuku FM audio app and the Kuku TV microdrama video platform.

Vinod Kumar Meena(Founder)inLal Chand Bisu(Founder)in

Co-investors3one4 CapitalIndia QuotientV3 VenturesVertex Ventures Sea Management Pte. Ltd.

Live streaming servicesjoyy.com
Lovartlovart.aiin𝕏

Lovart is an AI design tool that helps create product pages and marketing assets for brands.

AI & Machine LearningSaaSSingapore, SG

Melvin Chen(Founder)inElena Leung(Founder)

Co-investorsINCE Capital

Manufacturinghptg.comin𝕏

Heptagon Photonics designs and manufactures wafer-level micro-optical modules and photonics components using wafer-level optics (WLO) technology, offering services from concept design through mass production.

Deep TechHardwareSemiconductorsIskandar Puteri, MY

Momentamomenta.ai

Momenta develops autonomous driving software for automakers, offering L2/L2+ assisted driving and L3 autonomous driving systems for mass-produced vehicles.

AI & Machine LearningDeep TechMobility & TransportationRoboticsBeijing, CN

Co-investorsBlue Lake CapitalCathay InnovationNIO CapitalShunwei Capital

Moodymoodylenses.com

Moody sells daily disposable colored contact lenses direct to consumers, offering spherical lenses in cosmetic colors such as the GlowyLock Moonstone Blue.

ConsumerDirect to ConsumerE-commerce

Co-investorsMorningside Venture Capital LimitedPlum VenturesSource Code Capital

Neptune Roboticsneptune-robotics.comin𝕏

Neptune Robotics develops deep-tech, data-driven solutions for the maritime and shipping industry to support decarbonization.

Advanced ManufacturingCleantechClimate TechDeep TechLogistics & Supply ChainRoboticsHong Kong, HK

Elizabeth Chan(CEO)inZhuo Quan (Jacky) Im(CTO)in

Co-investorsEntrepreneur FirstPeak XV PartnersSpider CapitalMatrixNYK LineSOSV

Niuniu.comin𝕏

NIU designs and sells electric two-wheeled vehicles, including electric mopeds and motorcycles (50cc and 125cc equivalents), off-road bikes, and micromobility products such as electric kick scooters and e-bikes.

ConsumerHardwareIoTMobility & Transportation

Co-investorsZhenFund

Oatsideoatside.comin𝕏

OATSIDE makes oat milk in flavors including Barista Blend, Chocolate, Caffè Latte, Matcha, Chocolate Malt, and Caramel Macchiato.

ConsumerDirect to ConsumerFoodTech

Benedict Lim(Founder)in

Co-investorsAC Ventures

Online travel agencyqunar.com
Petkitpetkit.com

Michael LI(Founder)in

Co-investorsINCE CapitalPreAngel FundQiming Venture Partners

PlushCareplushcare.com𝕏

PlushCare is a telehealth service that connects patients with board-certified primary care doctors and therapists through an app for virtual appointments, prescriptions, and ongoing care.

Digital HealthHealthtechMental HealthSan Francisco, US

James Wantuck(Co-founder)Ryan McQuaid(Co-founder)James Wantuck, MD(Founder)in

BoardJeff Richards(Director)in

Co-investorsFounders Circle CapitalMoonshots CapitalNotable CapitalTRANSFORMATION CAPITALLightspeed Venture Partners

Ronovo Surgicalronovosurgical.cominSep 2025 · $67M

Ronovo Surgical develops the Carina surgical robotics platform, including a vision system and instruments, for use by surgeons and hospitals.

HealthtechMedical DevicesRoboticsShanghai, CN

John Ma(Founder)Ying Mao(Founder)

Co-investorsINCE CapitalVivo CapitalJJDCLilly Asia Ventures

search by querylyqueryly.com

Queryly builds cloud-based search and content-discovery technology for digital publishers and media sites, using search algorithms and large language models to make on-site content more findable.

AI & Machine LearningMarketing TechMedia & EntertainmentJersey City, US

Socialmusical.ly

Luyu Yang(Founder)in

Soulsoulapp.cn

Soul is a Chinese AI-powered immersive social platform where users interact through customizable avatars rather than real identities, matched by interest graphs and AI-driven recommendations.

AI & Machine LearningConsumerSocialShanghai, CN

Zhang Lu(Founder & CEO)Tao Ming(Chief Technology Officer & Executive Director)Zhang Gaozheng(Vice President of Technology & Executive Director)

Co-investorsMorningside Venture Capital Limited

Spatialmanycoretech.com

Co-investorsLinear CapitalYunqi Partners

UC Browserucweb.com

UC Browser is a mobile web browser offering fast page loading, a data-saving mode, ad and pop-up blocking, a built-in video downloader, and a VPN feature.

ConsumerCybersecurity

Wpswps.com𝕏

WPS offers an AI-powered PDF editor that lets users edit PDF text, images, forms, and scanned documents while preserving layout, along with tools to convert, merge, split, compress, and sign PDFs.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Co-investorsShunwei Capital

Xiaohongshu (小红书)xiaohongshu.com

Co-investorsGSR VenturesHongShan Capital GroupQiming Venture PartnersZhenFund

xToolxtool.comin𝕏

xTool makes CO₂ laser cutters and engravers, including the flagship 80W P3 model with automated feeding and rotary accessories for engraving materials such as wood, plastic, stainless steel, and aluminum.

Advanced ManufacturingConsumerDirect to ConsumerHardware

Youkuyouku.com

Youku is a Chinese online video streaming platform offering TV dramas, films, anime, variety shows, documentaries, children's programming, and sports, with free and VIP membership tiers.

ConsumerMedia & Entertainment

Co-investorsMaverick Ventures

Zuoyebangzuoyebang.com

Co-investorsNew Enterprise Associates (NEA)SoftBank Vision Fund

小鹏汽车 (XPeng)xpeng.comin𝕏

XPENG develops smart electric vehicles, including AI-powered SUVs and coupes, along with related mobility technology spanning road and air travel.

AI & Machine LearningHardwareMobility & Transportation

Xiaopeng He(Founder)in

Co-investorsCoatue ManagementEast West Ventures EWVShunwei CapitalWelight Capital

Exits · 3

IPOs and acquisitions across the tracked portfolio

EHangNASDAQ: EHGrabNASDAQ: GRAB满帮集团 (Full Truck Alliance)NYSE: YMM

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Granite Asia made?
Granite Asia has 55 tracked investments, including 1 dated in the last 24 months.
What stage does Granite Asia invest at?
Granite Asia invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Granite Asia's typical check size?
Granite Asia typically writes checks of $5M – $25M.
What sectors does Granite Asia focus on?
Granite Asia focuses on AI & Machine Learning, Sector Agnostic.
Where is Granite Asia located?
Granite Asia is headquartered in Singapore, SG.
Does Granite Asia lead rounds?
Granite Asia typically participates in rounds rather than leading them.
Who does Granite Asia co-invest with?
Granite Asia most often shares deals with SoftBank Vision Fund, Coatue Management, Morningside Venture Capital Limited, among 107 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Jixun Foo, Senior Managing Partner at Granite Asia Joins Live on NYSE TV

New York Stock Exchange · Jixun Foo

GGV Capital’s Jenny Lee Rises As One Of The World’s Best Venture Capital

Business News · Jenny Lee

42 Questions with Jenny Lee of GGV Capital - SOSV - The Accelerator VC

SOSV - The Accelerator VC · Jenny Lee

Jenny Lee, Managing Partner, GGV Capital

Money20/20.tv · Jenny Lee

Understanding Startup Investment with Jenny Lee from GGV Capital

2geeks1city · Jenny Lee

Jenny Lee, GGV Capital

AVCJTelevision · Jenny Lee

Images

Granite Asia photoGranite Asia photoGranite Asia photo

Co-investors · 30

Morningside Venture Capital Limited

5Y Capital positions itself as entrepreneurs who happen to run a venture firm, focusing on finding founders with "crazy" visions that contradict market consensus when others dismiss them as unrealistic. The firm has built a track record of early bets on Chinese tech leaders like Kuaishou, Xiaomi, and SenseTime, while deliberately expanding into new domains like AI infrastructure and biotech despite having no prior experience in those sectors.

Both backed · 6
ByteDanceMoodySoulDidiKeep (3650.HK)小米集团 (1810.HK)
$5M – $400M
Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

$5M – $50M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

Both backed · 3
ByteDanceDidiZuoyebang
$200K – $40M
Qiming Venture Partners

Qiming Venture Partners is a Shanghai-based venture capital firm that invests in growth-stage technology, communications, media, and healthcare companies operating in China, with support from its U.S. partner Ignition Partners. The firm's investment approach combines local market knowledge with global resources and executive relationships.

Both backed · 3
PetkitXiaohongshu (小红书)小米集团 (1810.HK)
$5M – $134M
ZhenFund

ZhenFund is a China-based early-stage venture capital firm that backs entrepreneurs and runs founder programs, including summer grants, an entrepreneurship residency, campus startup series, and generative AI hackathons.

Both backed · 3
EHangNiuXiaohongshu (小红书)
$425K – $28M
Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

Both backed · 2
IntegrisFinancial technology
$120M – $350M
DCM Ventures

DCM Ventures is an early-stage venture capital firm that leads rounds and partners with a small number of companies each year, backing innovative founders with a global, cross-border team.

$250K – $15M
Third Point Ventures

Third Point Ventures is the venture capital arm that invests in and supports technology companies, guiding, coaching, and connecting founders from early to late stage.

Both backed · 2
GrabDidi
Source Code Capital

Source Code Capital is a Chinese venture capital firm whose team comes from investment management, product/technology, consulting, and media backgrounds.

Both backed · 2
$2M – $200M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 1
$500K – $50M
Tiger Global Management

Tiger Global Management operates public equity strategies (long/short, long-focused and crossover) and a private equity business investing in early- through late-stage growth companies across new and existing industries.

Both backed · 1
$1M – $100M
Balderton Capital

Balderton Capital is a European venture capital firm that backs technology startups.

Both backed · 1
$5M – $50M
18 more co-investors

SOSVSequoia CapitalFounders FundKleiner PerkinsTrue VenturesGradient VenturesMeritech Capital PartnersNext47AltaIR CapitalTenaya Capital2xNfoobar.vcOwl VenturesBDC Venture CapitalIrishAngelsMonk's Hill VenturesSky9 CapitalJoy Capital

Firms observed investing alongside Granite Asia, from public investor directories. Shared companies are the overlap with Granite Asia's recorded portfolio.

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