The Alibaba Mafia

January 22, 2024

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, 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.


Jack Ma


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.

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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
  • 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.



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.



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.



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.



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.



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.



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.



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.



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.



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.



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.



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.



Founder: Linxin Li

Alibaba Role: Senior Software Engineer

Capital Raised: $1.6M

Investors: Source Code Capital

Stage: Pre-Seed

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