From Leading VC Raised $2.5 Billion in 4 Months I Jenny Lee · · MONIIFY
“People could not travel, which made fundraising more efficient — during COVID we raised $2.5 billion over hundreds of Zoom calls; it worked out to about $10 million a call and I was literally working 20‑hour days.”
On , Jenny Lee, Partner at GGV at GGV Capital, spoke about fundraising during Leading VC Raised $2.5 Billion in 4 Months I Jenny Lee on MONIIFY.
Jenny Lee, senior managing partner at Granite Asia (formerly GGV Capital), spoke at the 2025 Qatar Economic Forum, where she discussed the emergence of regional technology clusters. She stated that "the days of one company taking almost the whole market are ending" and that regional economies can now support multiple players per vertical due to local nuances like language and payment systems. Lee also highlighted Asia's STEM talent pool, estimating that 6 to 7 million STEM professionals are trained in the region annually, and identified AI plus robotics as a key focus area, noting that countries like Qatar and Singapore can use automation to leapfrog in manufacturing. In a January 2025 interview, Lee discussed her firm's fundraising during the COVID-19 pandemic, stating that Granite Asia raised $2.5 billion over hundreds of Zoom calls, which she described as working "20‑hour days." She also reiterated her investment philosophy, emphasizing the importance of founder passion and deep problem-solving over trend-chasing, and identified robotics as the next major tech wave. Lee has been recognized on the Forbes Midas List and was named Outstanding Overseas Executive of the Year in 2018.