GLy Capital Management Raises US$163 Million for
The GLy New Mobility Fund

10 August, 2022

Hong Kong, 10 August 2022 – GLy Capital Management (“GLy”), a Hong Kong-based leading investment manager in the mobility sector, today announced the final close of its first private equity fund, the New Mobility Fund (the “Fund”), with a total of US$163 million in capital commitments.

The New Mobility Fund was launched in early 2021 to invest in disruptive companies which help drive a cleaner, safer and more connected mobility future. Leveraging GLy’s privileged industry access, insight and extensive network, the Fund focuses on smart cars, electrification, intelligent cities and materials. Read more

GLy New Mobility Fund Participates in US$200 Million Series D Round of Nexeon, a Global Leader in next generation silicon-based anode materials

4 August, 2022

Hong Kong 04 August 2022, GLy Capital Management on behalf of the GLy New Mobility Fund participated in Nexeon’s $200 million Series D round.  

Nexeon is an international developer and manufacturer of breakthrough silicon-based anode materials for rechargeable Lithium-ion batteries. Nexeon’s technology results in lighter batteries with more power and longer lifetime between charges. The round was led by the SK Chemicals and SJL Partners and included GLY Capital Management, Ingevity, and others.  Read more

GLy New Mobility Fund joins online automotive marketplace Carwow’s Series D round

13 June, 2022

GLy New Mobility Fund has taken a minority stake in carwow, a leading one-stop online marketplace for buying, selling, financing, leasing or subscribing a car. The platform enables people to compare cars and get recommendations and connects them with a high-quality dealer. carwow’s efficient and competitive reverse auction model increases sales for the dealers, aswell as provide car buyers with a simplified, transparent and stress-free car buying experience. Read more

GLy New Mobility Fund Invests in Israeli Unicorn Vayyar

08 June, 2022

Hong Kong, 8 June 2022 – GLy New Mobility Fund, a global mid-to-late-stage private equity fund backed by Zhejiang Geely Holding Group, today announced that it has completed the investment in Vayyar Imaging, a leading 4D imaging radar-on-chip solution provider based in Israel. Read more

Leveraging disruptors in new mobility

October, 2021
Source: Alter Domus: Sensus Magazine Issue #8

This edition of Sensus explores how sustainable and future-proof strategies once deemed visionary are now widespread among alternative asset classes. Through expert commentary, areas such as ESG, green finance, renewable energy and new mobility opportunities are examined.

EVs are just ‘tip of the iceberg’ : PE manager GLy on new mobility theme

6 May, 2021
Source: Asian Private Banker

Asian Private Banker recently interviewed Hrvoje Krkalo, Founder and co-CEO of GLy, about the firm’s newly-launched New Mobility Fund, which looks beyond electric vehicle makers. Read more

GLy Capital Management invests US$130 million in Polestar’s first external fundraising

3 May, 2021

GLy Capital Management announced the funds it manages invested US $130 million in Polestar’s first external fundraising round. The Polestar stake is the cornerstone asset of GLy’s New Mobility Fund, which had its first close earlier in the year. Read more

唔止電動車咁簡單! 專家教路投資移動出行概念

28 April, 2021
Source: Hong Kong Economic Times

Not only EVs! Lesson from an expert on investing in the mobility theme Read more

GLy New Mobility Fund participates in US$125 million Series D round of Freewire, a leader in ultrafast EV charging and energy management solutions

27 April, 2022

Freewire, the US-based battery-integrated EV charging solution provider announced that it has raised US$125 million in a Series D funding round. Investors of the round include BlackRock Financial Management, Inc., bp ventures, Riverstone Holdings, Daishin Private Equity amongst others. GLy New Mobility Fund joined the round to support Freewire’s drive to accelerate EV adoption and provide ultrafast charging solutions to customers across various markets. Read more

Geely, SK- backed GLy to raise $300m fund as covid turbocharges future of new mobility

20th April 2021
Source: DealStreetAsia

DealStreetAsia recently interviewed Hrvoje (Harry) Krkalo, Founder and co-CEO of GLy, about the firm’s newly-launched New Mobility Fund and his plan of capital deployment. Read more 

Mobility: Gravitational Shift

20 April, 2021
Source: AVCJ

AVCJ explores financial opportunities for investors as the mobility sector embraces more innovation. Hrvoje Krkalo, Founder and Co-CEO of GLy Capital Management, spoke to AVCJ to share his insights around the topic.  Read more

The technology transformation of transportation

16 April, 2021
Source: The Asset

Since the emergence of the Covid-19 pandemic more than a year ago, there has been heightened awareness of the impact we as humans have had on the environment particularly when it comes to carbon emissions. Read more

Geely Holding and SK Holdings Invest in New Mobility Fund with GLY Capital Management

18 March, 2021

Zhejiang Geely Holding Group and SK Holdings have signed on as anchor investors to GLy Capital Management’s New Mobility Fund (Fund). The Fund will invest in companies set to redefine the transportation industry. Read more




    Do you want to find out more about our offerings?
    Send us a message and let’s talk!

    GLy Capital Management

    12/F, High Block, H Code, 45 Pottinger Street,
    Central, Hong Kong

    +852 3842 8685