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Alibaba Entrepreneurs Fund

Founders Andrew Lee

Overview

Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 69
Average round size
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The average size of a deal this fund participated in
$15M
Portfolio companies 52
Rounds per year 7.67
Lead investments 18
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.25
Key employees 3

Areas of investment

  • Software
  • E-Commerce
  • Financial Services
  • Finance
  • FinTech
Summary

The venture was found in Asia in Hong Kong. The leading representative office of defined VC is situated in the Causeway Bay.

The current fund was established by Andrew Lee. The overall number of key employees were 3.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Alibaba Entrepreneurs Fund, startups are often financed by 500 Startups, MindWorks Ventures, Coent Venture Partners. The meaningful sponsors for the fund in investment in the same round are CDIB Capital, MindWorks Ventures, WI Harper Group. In the next rounds fund is usually obtained by CDIB Capital, Monku2019s Hill Ventures, Line Ventures.

The fund has no exact preference in a number of founders of portfolio startups. When startup sums 3 or 5+ of the founder, the probability for it to get the investment is little. We can highlight the next thriving fund investment areas, such as Logistics, E-Commerce. Among the most popular portfolio startups of the fund, we may highlight GoGoVan, WeLab, AutoX. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Hong Kong.

The fund is constantly included in 7-12 investment rounds annually. Speaking about the real fund results, this VC is 50 percentage points more often commits exit comparing to other organizations. The usual things for fund are deals in the range of 10 - 50 millions dollars. The average startup value when the investment from Alibaba Entrepreneurs Fund is 1-5 millions dollars. The top activity for fund was in 2018.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Alibaba Entrepreneurs Fund:
Typical Co-investors
Alibaba Entrepreneurs Fund is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Alibaba Entrepreneurs Fund:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Ziwu Technology

Environmental Consulting
Sustainability
Waste Management
04 Jan 2024 -

Rice Robotics Limited

$7M17 Jul 2023 -

PanopticAI

Health Care
Information Technology
Wellness
$1M16 Nov 2022 Hong Kong Island, Hong Kong, China

Pantheon Lab

Marketing
Software
Virtual Reality
10 Nov 2022 Hong Kong, Hong Kong, China

Great Bay Bio

Biopharma
Biotechnology
Life Science
$15M13 Sep 2022 Hong Kong Island, Hong Kong, China

Clearbot

Marine Technology
08 Sep 2022 Hong Kong, Hong Kong, China

AsiaYo

Apps
E-Commerce
E-Commerce Platforms
Hospitality
Leisure
Mobile Apps
Sharing Economy
Travel
Travel Accommodations
Vacation Rental
Web Development
$12M11 Jul 2022 New Taipei, Taiwan

Great Bay Bio

Biopharma
Biotechnology
Life Science
$10M01 Dec 2021 Hong Kong Island, Hong Kong, China

Qupital

Finance
Financial Services
FinTech
Trading Platform
$150M09 Nov 2021 Kowloon, Hong Kong, China
News
Forkast Raises $1.7M in Seed Funding

– Forkast, a Hong Kong-based blockchain-focused multimedia platform, raised $1.7M in seed funding.
– The round was led by AMTD Group, Fenbushi Capital, Alibaba Hong Kong Entrepreneurs Fund, Animoca Brands, Longling Capital, CMCC Global and Sora Ventures.
– The company intends to use the funds to enhance its digital story-telling capabilities led by video, expand its current team and invest in innovative content creation technologies that deepen engagement with a global audience.

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Total investments 69
Average round size 15M
Rounds per year 7.67
Peak activity year 2018
Lead investments 18
Follow on index 0.25
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Ziwu Technology

Environmental Consulting
Sustainability
Waste Management
04 Jan 2024 -

Rice Robotics Limited

$7M17 Jul 2023 -

PanopticAI

Health Care
Information Technology
Wellness
$1M16 Nov 2022 Hong Kong Island, Hong Kong, China

Pantheon Lab

Marketing
Software
Virtual Reality
10 Nov 2022 Hong Kong, Hong Kong, China

Great Bay Bio

Biopharma
Biotechnology
Life Science
$15M13 Sep 2022 Hong Kong Island, Hong Kong, China

Clearbot

Marine Technology
08 Sep 2022 Hong Kong, Hong Kong, China

AsiaYo

Apps
E-Commerce
E-Commerce Platforms
Hospitality
Leisure
Mobile Apps
Sharing Economy
Travel
Travel Accommodations
Vacation Rental
Web Development
$12M11 Jul 2022 New Taipei, Taiwan

Great Bay Bio

Biopharma
Biotechnology
Life Science
$10M01 Dec 2021 Hong Kong Island, Hong Kong, China

Qupital

Finance
Financial Services
FinTech
Trading Platform
$150M09 Nov 2021 Kowloon, Hong Kong, China
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