GLy Capital Management is a Hong Kong-based private equity and venture investment firm affiliated with the Zhejiang Geely group, focused on mobility, decarbonization, smart cities, electrification, and next-generation manufacturing. The firm invests in mid-to-late-stage growth companies across the transportation and energy transition sectors.
38% of their portfolio is in Climate & Energy. Average disclosed round size is $227.2M (across 8 rounds with reported amounts).
Portfolio
6
Fund Size
$163M
Top Stage
Series E
Last 12 Mo
0
Team
DG
Dazmond Goh
Executive Director
YN
Yifan Ni
Investment Manager
AL
Anny Lin
Co-Founder
HK
Harry Krkalo
Co-Founder
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Ascend Elements | Series D | $542M | Sep 2023 |
 Vayyar | Series E | $108M | Jun 2022 |
| Vayyar | Series E | $108M | Jun 2022 |
 Volocopter | Series E | $170M | Mar 2022 |
| NNexeon | Series D | $200M | Jan 2022 |
 FreeWire Technologies | Series A | $15M | Jan 2022 |
 Polestar | Unknown | $550M | May 2021 |
| FreeWire Technologies | Series D | $125M | — |
Top Co-Investors
bp ventures3 shared
Atreides Management2 shared
Claltech2 shared
Battery Ventures2 shared
Koch Disruptive Technologies2 shared
Bessemer Venture Partners2 shared
Riverstone Holdings2 shared
Clal1 shared
MoreVC1 shared
ITI Venture Capital Partners1 shared
Volvo Cars Tech Fund1 shared
Spike Ventures1 shared
Strawberry Creek Ventures1 shared
Elemental Impact1 shared
TRIREC1 shared
Stanley Ventures1 shared
Zhejiang Geely Holding Group1 shared
Raga Partners1 shared
Alumni Ventures1 shared
Last updated: 27 September 2026