Empowering Startups

With a passion of fostering the entrepreneurial spirit among young people and unleashing potential for innovation and entrepreneurship in Hong Kong, we established a HK$1 billion fund to invest in promising young companies with breakthrough businesses and technologies in the start-up, growth and expansion phases of a company life cycle.

We manage our investments professionally using a venture capitalist model, by appointing independent investment professionals, however, we run the fund differently by reinvesting profits generated from the growth of these venture investments to the Alibaba Hong Kong Entrepreneurs Fund. This form of reinvestment is the basis of an evergreen rejuvenation of capital to empower startups and young entrepreneurs in Hong Kong.

Investment Capital
We appoint independent professionals with experience in selecting and investing in early stage companies, to source, evaluate and select potential qualifying companies for investment. Selected companies will receive investment directly from our Fund.
Strategic Guidance
We assemble a group of experienced entrepreneurs, business leaders and professionals through Alibaba’s network to provide strategic guidance to our portfolio companies.
Alibaba Ecosystem
We help our portfolio companies scale and accelerate their expansion into other markets by leveraging resources from Alibaba Group’s vibrant ecosystem.
AEF HK Fund
Since 2015
Investment Criteria
  • Companies founded by Hong Kong entrepreneurs or operating from Hong Kong
  • Seed, Series A or later round startups based in Hong Kong, with no specific investment amount requirement
  • Sector agnostic, but preferably startups that can leverage resources from Alibaba ecosystem
AEF GBA Fund View More
Since 2021
Investment Criteria
  • Companies founded by entrepreneurs in the Greater Bay Area (GBA) or operating from GBA
  • Series B or later round startups based in Hong Kong, or Series A or later round startups based in the rest of GBA (other than Hong Kong), with investment amount per deal of US$1 to 10 million
  • Sector agnostic, with key themes including AI, industry 4.0, consumer goods, fintech, healthcare and sustainability
Investment Process
STEP
01
Online Application
You register via our website with your profile and submit your business plan
STEP
02
Communication
If your business plan is shortlisted in our first round review, we will arrange a meeting to discuss your business plan within one month from your submission
STEP
03
Due Diligence
We conduct due diligence and an investment appraisal if your company is shortlisted
STEP
04
Capital Investment
The investment terms (including the amount of capital investment) are negotiated
STEP
05
Post-Investment Support
We provide you opportunities to access our business network and draw on resources from the Alibaba ecosystem
Proposal Submission


Let Us Help You Build Your Innovative Business Today
Submit Business Plan
Industry Coverage
We are looking for innovative startups in the following sectors, including but not limited to:
Big Data
Sustainability
E-commerce
Edtech
Fintech
Healthcare
IOT / Industry 4.0
Logistics
Media & Entertainment
Enterprise Solution / SAAS
PORTFOLIO
Media
Series C
LOGISTICS
Listed
O2O
Series A
FINTECH
Series B
FINTECH
Series B
FINTECH
Series B
HEALTHCARE
Listed
GAMING
Series B
FINTECH
Series C
GAMING
Series A
Enterprise Services
Series A
GREEN TECH
Series A
LOGISTICS
Series B
FINTECH
Series A
SEMICONDUCTOR
Series B
O2O
Series A
EDTECH
Seed
EDTECH
Series A
Healthcare
Series A
Artificial Intelligence
Seed
AI / AUTO DRIVE
Series B
GreenTech
Seed
AI / GAMING
Series B
E-COMMERCE
Series A
PROPTECH
Seed
AI / ENTERPRISE SERVICES
Series A
AI / MEDTECH
Series A
AI / ENTERPRISE SERVICES
Seed
AI / ENTERPRISE SERVICES
Seed
AI / MEDTECH
Seed
AI / ENTERPRISE SERVICES
Series A
AI / IOT
Seed
AI / PROPTECH
Seed
AI / PROPTECH
Series A
AI / REGTECH
Seed
AI / FINTECH
Seed
Enterprise Services
Series B
AI / MEDIA
Seed
GAMING
Seed
EDTECH
Seed
GREEN TECH
Series A
AI / FINTECH
Seed
AI / FINTECH
Series A
AI / ENTERPRISE SERVICES
Seed
AI / INDUSTRY 4.0
Seed
TRAVEL TECH
Series B
FINTECH
Series B
GREEN TECH
Series A
FINTECH
Series E
AI / REGTECH
Series A
BIOTECH
Series A
SEMICONDUCTOR
Seed
SaaS
Series A
Media
Seed
Robotics
Series A
FINTECH
Series A