Alibaba Entrepreneurs Fund

Alibaba Entrepreneurs Fund

A not-for-profit initiative in Hongkong that was launched by Alibaba Group focused on businesses started by Hong Kong and Taiwan-based entrepreneurs and young people

The Entrepreneurs Fund is a not-for-profit initiative in Hongkong that was launched by Alibaba Group. Founded 2015 in Causeway Bay, Hong Kong by Andrew Lee, it invests in Series A, Series B, Seed, and other ventures. Its portfolio companies include Area28 Technologies, Cloudbreakr, Lynk, Sandbox VR, and AutoX. Two separate funds have been set up in Hong Kong and Taiwan respectively to support entrepreners and young people in each place.

It focuses on businesses started by Hong Kong and Taiwan-based entrepreneurs and young people. The company established in Hong Kong a HK$1 billion fund and in Taiwan a NT$10 billion fund to support these companies.

Timeline

2015

Founded

Funded Companies

Company
Description
Industry
Website
Location
Sandbox VR

A company that uses virtual reality for entertainment purposes. It was founded in 2016 and is located in San Francisco, California.

Compare Asia Group is a Hong Kong-based personal finance management platform working to help users make better personal finance decisions through comparison and management tools for insurance, credit cards, and personal loans.

WeLab is reinventing traditional financial services by creating seamless mobile lending experiences.

PRENETICS is an Hong Kong-based genetic testing company founded by Danny Yeung, Lawrence Tzang and Professor Michael Yang.

GoBee Bike is a Wan Chai-based company.

Kneron is a San Diego-based company.

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People

Name
Role
LinkedIn

Andrew Lee

Executive Director

Cindy Chow

Executive Director

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

Area28 Technologies

AsiaYo

AutoX

Cloudbreakr

Kapito

Lynk

pickupp

Qupital

Sandbox VR

StockViva

References

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