# Jenny Lee

> Jenny Lee is a Singapore-born venture capitalist and co-founder of Granite Asia, formerly Senior Managing Partner at GGV Capital, where she spent nearly two decades building Asia's most formidable tech investment franchise. A Cornell-trained electrical engineer who bought out her government scholarship bond for S$300,000 to chase her VC calling, she has backed over 21 unicorns and facilitated 16 IPOs across five global stock exchanges, including early bets on Alibaba, Xiaomi, Didi, and Grab. The first woman ever to crack the top 10 of Forbes' Midas List, Lee now runs Granite Asia - a $5 billion multi-asset platform investing across Asia's next technology wave.

- **Role:** Senior Managing Partner & Co-Founder at Granite Asia
- **Organizations:** Granite Asia, GGV Capital, Temasek Holdings, SATS Ltd, Lee Kuan Yew School of Public Policy, Duke-NUS Medical School, Asia Business Council, Singapore Business Federation
- **From:** Singapore
- **Nationality:** Singaporean
- **Education:** Bachelor of Arts & Science + Master of Science (Electrical Engineering), Cornell University, Master of Business Administration (MBA), Kellogg School of Management, Northwestern University
- **Known for:** First woman ever to crack top 10 of Forbes Midas List (2015, ranked #10), Backed 21+ unicorn-valued companies across Asia and beyond, Facilitated 16 IPOs across 5 global stock exchanges

## Career timeline

- **1991** — Enrolled at Cornell University on ST Engineering scholarship
- **1995** — Joined ST Aerospace as jet engineer working on fighter planes and drones
- **Late 1990s** — Paid S$300,000 to buy out government scholarship bond; moved to Hong Kong
- **Late 1990s** — Joined Morgan Stanley Hong Kong as investment banker
- **2001** — Completed MBA at Kellogg School of Management, Northwestern University
- **Early 2000s** — Joined JAFCO Asia as venture capitalist
- **2001** — Began investing in China during the dotcom bust - a contrarian thesis
- **2005** — Joined GGV Capital; moved to Shanghai to build China office from scratch
- **2012** — First appeared on Forbes Global 100 VC Midas List
- **2015** — Became first woman to break into Forbes Midas List top 10 (ranked #10)
- **2019** — Reopened GGV's Singapore office; ranked #19 on Forbes Midas List
- **2021** — Appointed to Temasek Holdings board of directors
- **2022** — Named to Forbes World's 100 Most Powerful Women
- **2023** — GGV Capital split into Notable Capital (US) and Asia fund amid geopolitical pressures
- **2024** — Co-founded Granite Asia with Jixun Foo; launched as independent $5B platform
- **2025** — Announced Japan JV with Integral Corporation; ranked #30 on Fortune Most Powerful Women Asia

## Achievements

- First woman ever to crack top 10 of Forbes Midas List (2015, ranked #10)
- Backed 21+ unicorn-valued companies across Asia and beyond
- Facilitated 16 IPOs across 5 global stock exchanges
- Built GGV Capital's entire China investment practice from scratch starting 2005
- Named to Forbes World's 100 Most Powerful Women three consecutive years (2022-2024)
- Director at Temasek Holdings, Singapore's sovereign wealth fund
- Co-founded Granite Asia, a $5 billion multi-asset investment platform
- Launched Granite Asia's inaugural $250 million private credit fund
- Appeared on Forbes Midas List annually since 2012
- Named to Fortune Most Powerful Women Asia 2025 (#30)
- Served on Singapore's Research, Innovation and Enterprise Council under PM's chairmanship

## Latest updates

- **2025-03** — Announced joint venture between Granite Asia and Japan's Integral Corporation targeting high-growth companies expanding to/from Japan, with $100 million initial capital
- **2025-01** — Named #30 on Fortune's Most Powerful Women Asia 2025 list
- **2024-10** — Featured in Fortune Asia on Granite Asia's vision for Asia-rooted capital
- **2024-03** — Officially launched Granite Asia as an independent $5 billion multi-asset platform with co-founder Jixun Foo
- **2024-01** — Launched Granite Asia's inaugural $250 million private credit fund

## Links

- Website: https://www.graniteasia.com/who-we-are?p=jenny-lee
- LinkedIn: https://sg.linkedin.com/in/jennylee08
- Twitter/X: https://twitter.com/jennyleehw

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Profile page: https://yespress.io/jenny-lee
Published by YesPress — https://yespress.io
Last updated: 2026-05-05