Alibaba Entrepreneurs Fund

The Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help entrepreneurs and young graduates realize their dreams and vision. Two separate funds have been set up in Hong Kong and Taiwan respectively to support specific programs in each place.

Cindy Chow

Executive Director

Andrew Lee

Executive Director

Teddy Lui

Operations Director

Grace Wong

Corporate Communications

Past deals in Hong Kong

AsiaYo

Series C in 2022
Founded in June 2013 and based in Taipei, AsiaYo is an online room booking platform offering people a chance to discover over 60,000 uniquely designed accommodations covering 60 cities in Taiwan, Japan, Korea, Thailand, and Hong Kong. Growing quickly, AsiaYo offers local hosts a chance to utilize their unused space, opening it to an international audience. Learn more at: www.asiayo.com

Great Bay Bio

Series A in 2021
Great Bay Bio Ltd. engages in research and development for drug discovery and provides contract research services by applying AI technology on CMC (Chemistry, Manufacturing, Control) platform for drug development. The company also engages in research, development, and manufacturing protein sequence products, including recombinant insulin-stimulating hormone and fusion protein. The company was founded in 2002 and is based in Central, Hong Kong.

Qupital

Series B in 2021
Qupital Limited operates an online invoice trading platform that allows companies to raise finance against their receivables by connecting them with investors interested in a new asset class. Its platform allows Hong Kong registered company businesses to upload invoices to raise funding against their unpaid invoices. The company’s platform also allows funders, including institutional investors, family offices, and sophisticated professional investors worldwide to view individual invoices and provide a discount rate for the invoice to advance cash to the business. Qupital has a strategic partnership with LianLian Global. Qupital Limited was incorporated in 2016 and is based in Causeway Bay, Hong Kong.

SleekFlow

Seed Round in 2021
SleekFlow is a leading provider of integrated omni-channel customer communication platforms that allows enterprise teams to create and manage conversations while accelerating workflow on all messaging channels, such as WhatsApp, Facebook Messenger, Line, WeChat, SMS, Viber, Live Chat and even programmable calls. With our campaign and automation features, integrated with other enterprise softwares such as HubSpot, Google Forms, Facebook Lead Ads and Calendar, customers in average report that they see 28% increase in customer conversion rate and 22% increase in leads generated, with 18% increase in CSAT score. SleekFlow was founded in 2019 by a team of experienced entrepreneurs and engineers under the hood of Cyberport Incubation Program, missioned to power the future of social commerce. Since our launch in October 2019, SleekFlow has expanded rapidly and accumulated more than 1000+ clients across e-commerce, retail, client services, hospitality and technology in North America, Europe and Asia. We are a certified partner with Microsoft, Twilio, Facebook and many more cloud services providers.

viAct

Seed Round in 2021
viAct.ai focuses on deploying computer vision technology for cost-saving, workers' safety and productivity enhancement in the construction and manufacturing industry. We will share the latest technology news and our on-going efforts to the community who are working in either construction or manufacturing field.

Lynk

Series B in 2021
Lynk is a knowledge networking platform that aims to democratize access to expertise by utilizing artificial intelligence and a diverse team of professionals. Founded in 2015, the company has developed a global presence, with operations in various major cities including Singapore, New York, and London, and serves clients in over fourteen languages. Lynk provides a platform where knowledge seekers, builders, and sharers can connect and amplify business insights. It offers tools for knowledge workers, such as private marketplaces and workflow solutions that streamline engagements. Additionally, Lynk incorporates a token mechanism to incentivize participation and contribution, enabling clients to unlock the economic potential of collaborative knowledge sharing. Through its innovative approach, Lynk seeks to facilitate connections that enhance the impact of expertise across different industries and time zones.

Qupital

Series A in 2020
Qupital Limited operates an online invoice trading platform that allows companies to raise finance against their receivables by connecting them with investors interested in a new asset class. Its platform allows Hong Kong registered company businesses to upload invoices to raise funding against their unpaid invoices. The company’s platform also allows funders, including institutional investors, family offices, and sophisticated professional investors worldwide to view individual invoices and provide a discount rate for the invoice to advance cash to the business. Qupital has a strategic partnership with LianLian Global. Qupital Limited was incorporated in 2016 and is based in Causeway Bay, Hong Kong.

pickupp

Series A in 2020
We are a technology-enabled platform dedicated to supporting merchants and individuals with on-demand retail solutions as well as optimized and cost-effective deliveries.

Aqumon

Series B in 2020
Aqumon is a algorithm-driven, technology-based investment platform.

Prenetics

Private Equity Round in 2020
Prenetics is a genetic and diagnostic health testing company that leverages DNA sequencing technology to help individuals identify health risks. Founded in 2009 and headquartered in Quarry Bay, Hong Kong, Prenetics empowers users with insights into how their genetics influence diet, drug responses, and disease risks, enabling proactive health management. The company operates two primary brands, CircleDNA in Asia and DNAFit, offering services such as a digital coaching app and the ONEdna screening test, which provides actionable recommendations based on genetic analysis. Additionally, Prenetics specializes in pharmacogenomics through its iGenes PGx test, which aids healthcare providers in determining the most suitable medications and dosages for patients based on their genetic profiles, particularly for cardiovascular and psychiatric conditions. The company has formed strategic partnerships with The Lippo Group and New Horizon Health Limited.

Ecoinno

Series A in 2020
Ecoinno (H.K.) Limited, founded in 2011 and located in Shatin, Hong Kong, specializes in the development and manufacturing of coffee capsules and disposable dishware products. The company is recognized for its innovative approach to green material technology, focusing on consumer packaging solutions that utilize its proprietary Green Composite Material™ (GCM™). This material is derived from natural plant fibers, an abundant biopolymer, and is processed using advanced technology to create sustainable packaging options. Ecoinno aims to contribute to environmentally friendly practices within the consumer goods industry through its unique product offerings.

RaSpect

Series A in 2020
RaSpect Intelligence Inspection Limited operates as an artificial intelligence (AI) powered building architecture inspection company. It assesses potential risks of architectures and calculates degree of damage through satellite data for macroscopic inspection, micro-detection by using built-in Internet of things (IoT) sensors, and automatic inspection through drones. RaSpect Intelligence Inspection Limited was founded in 2017 and is based in Mong Kok, Hong Kong.

WeLab

Series C in 2019
WeLab is reinventing traditional financial services by creating seamless digital experiences. With the company's proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. WeLab also offers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers.

Area28 Technologies

Seed Round in 2019
Area 28 is a game technology company that develops a collaborative Google-Docs-like platform for game developers. The platform enables developers to design, develop and distribute entertainment more effectively in today's global, multi-platform environment. Area28's Content Development Suite (CDS) is the first and only cloud-based game engine that combines service-oriented architecture with a high performance runtime engine. GDS sets itself apart by enabling real-time collaborative development for game developers working on the same project.

Cloudbreakr

Seed Round in 2019
Cloudbreakr is a media analytics company based on big data and AI analysis, with business operations in Hong Kong, Taiwan, Malaysia, and Thailand. With the latest marketing technology applications and integrated solutions, the company provides influencer and content discovery tool, customized analysis report and influencer marketing strategy services to over 100 MNCs and offer its platform solutions to over 10,000 marketers around the regions.

pickupp

Series A in 2019
We are a technology-enabled platform dedicated to supporting merchants and individuals with on-demand retail solutions as well as optimized and cost-effective deliveries.

Qupital

Series A in 2019
Qupital Limited operates an online invoice trading platform that allows companies to raise finance against their receivables by connecting them with investors interested in a new asset class. Its platform allows Hong Kong registered company businesses to upload invoices to raise funding against their unpaid invoices. The company’s platform also allows funders, including institutional investors, family offices, and sophisticated professional investors worldwide to view individual invoices and provide a discount rate for the invoice to advance cash to the business. Qupital has a strategic partnership with LianLian Global. Qupital Limited was incorporated in 2016 and is based in Causeway Bay, Hong Kong.

StockViva

Seed Round in 2019
StockViva provides real time investment analysis services from financial KOLs. StockViva is growing rapidly and receive investments from Alibaba Entrepreneurs Fund and K3 Ventures. StockViva is currently managed by a team from UBS, KPMG, JP Morgan, Tencent, 9gag, HK01 and Talkbox.

pickupp

Seed Round in 2018
We are a technology-enabled platform dedicated to supporting merchants and individuals with on-demand retail solutions as well as optimized and cost-effective deliveries.

AsiaYo

Series B in 2018
Founded in June 2013 and based in Taipei, AsiaYo is an online room booking platform offering people a chance to discover over 60,000 uniquely designed accommodations covering 60 cities in Taiwan, Japan, Korea, Thailand, and Hong Kong. Growing quickly, AsiaYo offers local hosts a chance to utilize their unused space, opening it to an international audience. Learn more at: www.asiayo.com

En-trak

Seed Round in 2018
En-trak is a proptech solution provider based in Hong Kong. We build software solutions to make buildings more efficient, productive, and comfortable places to work, all while helping to reduce carbon footprint and operating costs. Founded in 2013, our award-winning solutions have been used and trusted by hundreds of prestigious clients across Asia including property owners, facility managers, corporations, government agencies and schools.

Aqumon

Series A in 2018
Aqumon is a algorithm-driven, technology-based investment platform.

WeLab

Series B in 2017
WeLab is reinventing traditional financial services by creating seamless digital experiences. With the company's proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to provide innovative financial services and offer consumer financing solutions for individual customers. WeLab also offers B2B enterprise solutions by partnering with traditional financial institutions, which utilize WeLab’s technology to offer fintech-enabled services to their customers.

Prenetics

Series B in 2017
Prenetics is a genetic and diagnostic health testing company that leverages DNA sequencing technology to help individuals identify health risks. Founded in 2009 and headquartered in Quarry Bay, Hong Kong, Prenetics empowers users with insights into how their genetics influence diet, drug responses, and disease risks, enabling proactive health management. The company operates two primary brands, CircleDNA in Asia and DNAFit, offering services such as a digital coaching app and the ONEdna screening test, which provides actionable recommendations based on genetic analysis. Additionally, Prenetics specializes in pharmacogenomics through its iGenes PGx test, which aids healthcare providers in determining the most suitable medications and dosages for patients based on their genetic profiles, particularly for cardiovascular and psychiatric conditions. The company has formed strategic partnerships with The Lippo Group and New Horizon Health Limited.

Gobee.bike

Series A in 2017
Gobee.bike is the leading dock-less bike sharing company outside mainland China. They aim to solve your last mile destination problems by making bicycles easily accessible and affordable in your locality. At the tap of a button, you can simply unlock one of their bright green bikes spotted near you and ride to your destination of choice and drop it off there. Convenience, fitness, and leisure can now be integrated into your daily commute. With GoBee's latest technology, cycling has once again been made fun and cool again! Gobee.bike is available in Hong Kong, France, Italy, Belgium.

Daydaycook

Series B in 2017
DayDayCook was founded in December, 2012. They are Hong Kong’s largest cooking multimedia platform and have community with monthly users totaly more than 400,000. Today, as more and more users aspire to a higher quality of life, food safety, and health, DayDayCook has become a platform for original recipes and cooking advice, helping their users to maintain a healthy lifestyle. DayDayCook inspires a young generation to cook and enjoy both traditional and modern Asian recipes through a variety of distribution channels including digital and traditional publishing with high quality and easy-to-follow recipes. DayDayCook has millions of monthly viewers over its broad reach including website, mobile apps, videos, and books. With a strong and dedicated fan base including over 275,000 Facebook fans, DayDayCook also brings goods to the consumer through its e-commerce store 'The DayDayCook Shop'

Aqumon

Series A in 2017
Aqumon is a algorithm-driven, technology-based investment platform.

Hyphen Group

Series B in 2017
Hyphen Group operates as CompareAsiaGroup, a prominent personal finance management platform in Asia. Established in 2014 and headquartered in Hong Kong, the Group provides a comprehensive, free, and independent online service for comparing financial products, including banking, insurance, and telecommunications. With partnerships with leading financial institutions, it offers access to over 2,500 products, helping consumers make informed choices and save money. The Group has a significant presence across multiple countries in Asia, including Malaysia, the Philippines, Singapore, Taiwan, and Thailand, employing over 250 individuals dedicated to enhancing personal finance management for users.

Qupital

Seed Round in 2017
Qupital Limited operates an online invoice trading platform that allows companies to raise finance against their receivables by connecting them with investors interested in a new asset class. Its platform allows Hong Kong registered company businesses to upload invoices to raise funding against their unpaid invoices. The company’s platform also allows funders, including institutional investors, family offices, and sophisticated professional investors worldwide to view individual invoices and provide a discount rate for the invoice to advance cash to the business. Qupital has a strategic partnership with LianLian Global. Qupital Limited was incorporated in 2016 and is based in Causeway Bay, Hong Kong.

ORII

Seed Round in 2017
Redefining the mobile computing experience through screen-free, voice and gesture-based products and services.

Grana

Series A in 2016
Grana Group Limited is an ecommerce fashion startup based in Hong Kong, specializing in direct-to-consumer clothing for both men and women. Founded in 2014, the company offers a diverse range of wardrobe essentials, including T-shirts, sweaters, dresses, and various styles of jeans and chinos, all designed in-house using high-quality fabrics sourced globally. Grana aims to provide its products at honest prices by directly sourcing from garment factories, thereby minimizing unnecessary markups typically found in traditional retail. The brand ships to over 65 countries within 1-2 days and also features an offline showroom called "The Fitting Room" in Hong Kong, allowing customers to try on items before making online purchases.

YEECHOO

Funding Round in 2016
YEECHOO Ltd. operates as an online high-end designer dress and accessory rental company. It provides StyleShare, a social fashion experience for sharing pre-loved designer pieces. The company was founded in 2013 and is headquartered in Central, Hong Kong.

GoGoX

Series C in 2016
Established in 2013, GoGoX is the first app-based platform for delivering goods in Asia, which is dedicated to offering excellent delivery service through innovative technology. Since then, GoGoX has extended its service to various platforms. The company connects individuals and businesses directly to thousands of drivers for their real-time delivery needs and redefines the everyday delivery experience by providing a convenient and efficient service. Over the years, GoGoX has expanded its business from Hong Kong to Singapore, South Korea, Mainland China, Taiwan, and India and will continue to expand globally. In August 2017, GoGoX merged with 58 Suyun, the leader in Mainland China’s intra-city logistics market, and increased GOGOVAN’s presence to over 300 cities, with more than 8 million registered drivers under its network. GoGoVan has announced its rebranding as GoGoX in July 2020.

Shopline

Funding Round in 2016
Shopline is a do-it-yourself e-commerce platform tailored for merchants in Asia, enabling them to create online shops with ease. It offers a user-friendly setup process, allowing users to launch their stores within minutes without any coding skills. The platform supports multiple regional payment methods and provides native language options, making it accessible to a diverse range of users. All online shops are fully responsive, ensuring a consistent and optimal experience across devices. By focusing on the needs of small businesses in Chinese-speaking countries, Shopline aims to empower entrepreneurs with straightforward tools that align with their operational needs, positioning itself to make a significant impact in Asia's growing e-commerce market.