Venture capital firm GGV Capital is looking to raise seven new funds targeting total fundraising of US$1.88 billion, according to a security filing dated August 13. The funds listed in the document include GGV Capital VII, GGV Capital VII-A, GGV Capital VII Plus, GGV Capital VII-A Plus, GGV Discovery II, GGV Discovery II-A, and GGV Capital VII Entrepreneurs Fund. These funds have yet raised any capital so far, according to the documents. Founded in 2000, GGV Capital is a venture capital firm based in Silicon Valley and China.