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 Taiwan

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

NextDrive

Series B in 2020
NextDrive Co. specializes in developing Internet of Things (IoT) solutions for smart homes and energy management. Founded in 2013 and based in Taipei, Taiwan, the company produces a range of hardware products including wireless network electronics, sensors, and smart security devices such as the NextDrive Plug, Cube, Motion Pixi, and Thermo Pixi. In addition to its hardware offerings, NextDrive provides software solutions, notably the NextDrive Connect App, which enhances the functionality of its devices. The company focuses on creating innovative IoT products that improve energy management for individuals, corporations, and industries, thereby empowering consumers with greater control over their energy usage.

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.

Kapito

Series A in 2019
Fastable = Fast + Stable solution for detecting defects by AI, helping manufacturers save cost and improve quality.

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

KKday

Series B in 2018
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

FunNow

Series A in 2018
Our vision is to empower people to delight their lives how they want when they want it. Our mission is to enable people to be spontaneous through an enjoyable, easy, and reliable booking experience. We are the best way for urbanites to book fun on the spur of the moment.

Space Cycle

Series B in 2018
Space Group was established in 2005, SPACE YOGA is the group's first brand, creating a yoga tide in Taiwan.SpaceCycle, a new brand of music for the soul, has upgraded the latest sports trends in the world and introduced it to Taiwan. It is the first brand in Taiwan that combines space with music, fashion, sports and social activities.

Citiesocial

Series A in 2018
The citiesocial platform helps emerging brands successfully grow their sales and market presence in Asia. We specialize in brand localization, omni-channel sales planning and managed cross-border logistics. We were founded in 2011 and are backed by the Alibaba Taiwan Entrepreneurs Fund, Cherubic Ventures and CDIB Capital.

Wishing Software

Venture Round in 2018
Wishing Software is a company that specializes in environmental security management solutions through its SaaS ESH management software. This software provides essential information services centered on environment, health, and sustainability, allowing businesses to effectively monitor production progress and enhance safety performance while minimizing costs. The company's mission is to empower enterprises in achieving legal compliance, mitigating risks, ensuring labor safety, and promoting social responsibility.

HowLiving

Seed Round in 2017
HowLiving is a Taiwanese cooking video content platform that focuses on quick cooking, hand baking, and parent-child food. HowLiving vertically integrates audio-visual content websites, social media, and e-commerce platforms. HowLiving was founded in 2015 by Xie Kai Ting, a well-known culinary researcher at Silicon Valley Delicious Wife.

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.

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.

Amwise Diagnostic

Series A in 2016
Amwise Diagnostics PTE. LTD. develops technology for precision medicine for cancer. The company offers technology products and services to expand medical services to enable physicians to find personalized treatment strategy. Amwise Diagnostics PTE. LTD. was founded in 2015 and is based in Taipei, Taiwan.