# Who Invests With Alibaba Group: 24 Co-Investors (2026)

> The 24 investors that have backed two or more of the same startups as Alibaba Group, by kind: vc firms and private equity and asset managers.

Source: https://millionrounds.com/portfolio-maps/alibaba-group-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

20

- [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi)
- [HSG](https://millionrounds.com/fund/hsg)
- [Gobi Partners](https://millionrounds.com/fund/gobi-partners)
- [Temasek Holdings](https://millionrounds.com/fund/temasek)
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners)
- [Sky9 Capital](https://millionrounds.com/fund/sky9-capital)
- [*VP* Vision Plus Capital](https://millionrounds.com/fund/vision-plus-capital-2)
- [*MP* Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2)
- [SoftBank](https://millionrounds.com/fund/softbank-2)
- [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers)
- [Source Code Capital](https://millionrounds.com/fund/source-code-capital)
- [GSR](https://millionrounds.com/fund/gsr)
- [Oriental Fortune Capital](https://millionrounds.com/fund/oriental-fortune-capital)
- [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital)
- [Fidelity](https://millionrounds.com/fund/fidelity)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [Cherubic Ventures](https://millionrounds.com/fund/cherubic-ventures)
- [Legend Capital](https://millionrounds.com/fund/legend-capital)
- [China Mobile](https://millionrounds.com/fund/china-mobile)
- [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital)

## Private equity and asset managers

4

- [IDG Capital](https://millionrounds.com/fund/idg-capital)
- [CDH Investments](https://millionrounds.com/fund/cdh-investments)
- [Eastern Bell Capital](https://millionrounds.com/fund/eastern-bell-capital)
- [Saif Partners](https://millionrounds.com/fund/saif-partners)

## Segment by segment

### VC firms

20 investors

- [**Tengxun Touzi**](https://millionrounds.com/fund/tengxun-touzi) VC firm China 8 backed
- [**HSG**](https://millionrounds.com/fund/hsg) VC firm Hong Kong SAR China 7 backed
- [**Gobi Partners**](https://millionrounds.com/fund/gobi-partners) VC firm Malaysia 5 backed
- [**Temasek Holdings**](https://millionrounds.com/fund/temasek) VC firm Singapore 4 backed
- [**Qiming Venture Partners**](https://millionrounds.com/fund/qiming-venture-partners) VC firm Hong Kong SAR China 3 backed
- [**Sky9 Capital**](https://millionrounds.com/fund/sky9-capital) VC firm Singapore 3 backed
- [*VP* **Vision Plus Capital**](https://millionrounds.com/fund/vision-plus-capital-2) VC firm China 3 backed
- [*MP* **Matrix Partners China**](https://millionrounds.com/fund/matrix-partners-china-2) VC firm United States 3 backed

### Private equity and asset managers

4 investors

- [**IDG Capital**](https://millionrounds.com/fund/idg-capital) Private equity China 6 backed
- [**CDH Investments**](https://millionrounds.com/fund/cdh-investments) Private equity Hong Kong SAR China 3 backed
- [**Eastern Bell Capital**](https://millionrounds.com/fund/eastern-bell-capital) Private equity China 2 backed
- [**Saif Partners**](https://millionrounds.com/fund/saif-partners) Private equity Hong Kong SAR China 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as Alibaba Group, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Alibaba Group. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **Alibaba Group portfolio map** 36 startups · $17B](https://millionrounds.com/portfolio-maps/alibaba-group-portfolio-map)[Sector portfolio **Alibaba Group's AI portfolio** 12 startups · $10B](https://millionrounds.com/portfolio-maps/alibaba-group-ai-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)[Co-investors **Who invests with 500 Global** 996 co-investors](https://millionrounds.com/portfolio-maps/500-startups-co-investors)[Co-investors **Who invests with Techstars** 991 co-investors](https://millionrounds.com/portfolio-maps/techstars-co-investors)[Co-investors **Who invests with SV Angel** 988 co-investors](https://millionrounds.com/portfolio-maps/sv-angel-co-investors)

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