The Alibaba Mafia
Alibaba Group, founded by Jack Ma and a group of 17 friends and students in 1999, is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. Starting from a humble beginning in Jack Ma's Hangzhou apartment, the company launched Alibaba.com, a business-to-business marketplace connecting Chinese manufacturers with overseas buyers.
In 2003, Alibaba expanded into consumer-to-consumer (C2C) services with Taobao, which rapidly became one of China's most popular online shopping websites. Taobao's success was followed by the creation of Alipay, a digital payment platform, in 2004, to facilitate transactions in a market where consumers had limited trust in online shopping.
Over the years, Alibaba continued to diversify its services into cloud computing (Alibaba Cloud), digital media, and entertainment sectors. The company's growth trajectory took a significant leap in 2014 with its initial public offering (IPO).
The Alibaba Mafia
The Alibaba Mafia has founded 32 companies, raising $32 billion in total, as per Crunchbase data.
PS: Are you a Alibaba Mafia member interested in bringing your community together to invest in innovative ventures (and enjoy potential profits and other perks along the way)? Or perhaps you're part of another dynamic group that could be a fantastic source of startup investments? 😉
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List of all the amazing companies covered:
- Xpeng Motors
- 4Paradigm
- Ahana
- Illumix
- Moffett AI
- BorderX Lab
- Nonolive
- NFTGo
- CodiumAI
- Know Yourself
- Safeheron
- Actual Veggies
- NAOS Finance
- Naturobot
- Truewind
- IntraMirror
- Buidler DAO
- Pricepally.com
- Thunderbit
Xpeng Motors
Founder: Xiaopeng He
Alibaba Role: President, Mobile BG
Capital Raised: $6.4B
Investors: GGV Capital
Stage: Public
Xiaopeng Motors is an electric vehicle and technology company that designs and manufactures intelligent mobility solutions.
4Paradigm
Founder: Yuqiang Chen
Alibaba Role: Intern
Capital Raised: $1.1B
Investors: Sequoia China
Stage: Series D
4Paradigm is an AI tech firm that helps enterprises improve work efficiency while reducing risk and achieving greater commercial value.
Ahana
Founder: George Wang
Alibaba Role: Senior Software Engineer
Capital Raised: $32M
Investors: Lux Capital
Stage: Series A
Ahana brings PrestoDB-based ad hoc analytics offerings to market.
Illumix
Founder: Alex Fu
Alibaba Role: Software Engineer Intern
Capital Raised: $26.6M
Investors: Lightspeed Venture Partners
Stage: Series A
Illumix is an infrastructure solution that develops augmented reality games.
Moffett AI
Founder: Zhibin Xiao
Alibaba Role: Research Scientist And Chip Architect
Capital Raised: $25.3M
Investors: ZhenFund
Stage: Series A
Moffett AI is a next generation AI computation platform.
BorderX Lab
Founder: Jonathan Qiang Li
Alibaba Role: Data Science Product Manager
Capital Raised: $20M
Investors: Coinbase Ventures
Stage: Series B
BorderX Lab is all about democratization of global shopping via intelligent mobile robot; connects global brands with emerging Chinese consumers.
Nonolive
Founder: Jonathan Zhong wei
Alibaba Role: Country General Manager
Capital Raised: $13.4M
Investors: Alibaba Group
Stage: Series B
Nonolive is a mobile game and video live-streaming app that provides hot and high-quality live streaming to everyone.
NFTGo
Founder: Lowes Yang
Alibaba Role: Web Software Engineer
Capital Raised: $10.9M
Investors: 500 Global
Stage: Series A
NFTGo is a NFT data aggregator where users can find information about NFT.
CodiumAI
Founder: Itamar Friedman
Alibaba Role: Director of Machine Vision
Capital Raised: $10.6M
Investors: Vine Ventures
Stage: Seed
CodiumAI combines the power of artificial and human intelligence to create a new code integrity paradigm.
Know Yourself
Founder: Zhuang Qian
Alibaba Role: Market Data Analyst
Capital Raised: $10M
Investors: Eight Roads Ventures
Stage: Series B
Know Yourself is a psychology education platform in China.
Safeheron
Founder: Meng Wang
Alibaba Role: Technical Specialist
Capital Raised: $7M
Investors: Bixin Ventures
Stage: Seed\
Safeheron is a platform that enables open and transparent self-custody of digital assets.
Actual Veggies
Founder: Hailey Swartz
Alibaba Role: Product Lead , Alibaba B2B North America
Capital Raised: $5.3M
Investors: Vanterra Capital
Stage: Seed
Actual Veggies is a food and beverages manufacturing company.
NAOS Finance
Founder: Kevin Tseng
Alibaba Role: Corporate Development / Strategic Investments
Capital Raised: $5.1M
Investors: Coinbase Ventures
Stage: Seed
NAOS Finance is an operator of a decentralized finance platform that aims to give a decentralized alternative to traditional finance.
Naturobot
Founder: Lifeng Li
Alibaba Role: Tech Lead @ Alibaba Cloud RPA
Capital Raised: $5M
Investors: Picus Capital
Stage: Seed
Naturobot is an enterprise automation process platform to provide information for the management and performance improvement of enterprises.
Truewind
Founder: Tennison Chan
Alibaba Role: Senior Frontend Engineer
Capital Raised: $3.5M
Investors: Y Combinator
Stage: Seed
Truewind is an IT company that provides AI-powered bookkeeping and finance software.
IntraMirror
Founder: Lei (Arthur) Chen
Alibaba Role: Head Of Product Management - Lazada Business Unit
Capital Raised: $3M
Investors: Fosun RZ Capital
Stage: Series A
IntraMirror is an app dedicated to the luxury and eCommerce industry.
Buidler DAO
Founder: Niels Ma
Alibaba Role: Product Manager
Capital Raised: $2M
Investors: Sequoia Capital
Stage: Seed
Buidler DAO describes itself as a network of web3 projects and talents.
Pricepally
Founder: Luther Lawoyin
Alibaba Role: Fellow Alibaba efounders fellowship
Capital Raised: $1.7M
Investors: SOSV
Stage: Seed
Pricepally is a platform connecting raw food suppliers to communities who buy together and save in African cities.
Thunderbit
Founder: Linxin Li
Alibaba Role: Senior Software Engineer
Capital Raised: $1.6M
Investors: Source Code Capital
Stage: Pre-Seed
Thunderbit translates your need to automation in minutes.
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