Predict your next investment

Venture Capital
entrepreneursfund.com

See what CB Insights has to offer

Investments

83

Portfolio Exits

15

About Entrepreneurs Fund

Entrepreneurs Fund provides early stage and growth financing alongside active support to entrepreneurial teams internationally

Entrepreneurs Fund Headquarter Location

4th Floor, Eagle House 108-110 Jermyn Street

London, England, SW1Y 6EE,

United Kingdom

+44 20 7355 1011

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Entrepreneurs Fund

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Entrepreneurs Fund in 1 Expert Collection, including Pharma Startups.

P

Pharma Startups

5,090 items

Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

Latest Entrepreneurs Fund News

Alibaba Hong Kong Entrepreneurs Fund Invests in the AEF Greater Bay Area Fund

Jul 13, 2021

Hong Kong, China, July 13 2021 – Alibaba Hong Kong Entrepreneurs Fund ("AEF") today announced it will be an anchor investor in the AEF Greater Bay Area Fund (the "GBA Fund"). As Hong Kong's first-ever venture fund formed by the private sector focused exclusively on startups in the Greater Bay Area (GBA), the GBA Fund aims to provide comprehensive programs to nurture entrepreneurship in the region. The target funding solution of the GBA Fund amounts to HK$2 billion. The final closing of the GBA Fund is expected to take place in the first half of 2022. The AEF Greater Bay Area Fund is supported by limited partners including financial institutions, family offices and conglomerates, among others, in providing support for startups in the GBA. "We started AEF five years ago with the vision to invigorate the innovation and entrepreneurial spirit of Hong Kong," said Joe Tsai, Executive Vice Chairman of Alibaba Group and Chairman of Alibaba Entrepreneurs Fund, "We are now ready to extend our startup ecosystem to the Greater Bay Area in order to give innovators and entrepreneurs a bigger platform for growth."   "We are committing AEF’s capital and other forms of financing to support startups looking to tap into the potential of the Greater Bay Area," said Cindy Chow, Executive Director of Alibaba Hong Kong Entrepreneurs Fund. "The investment into the AEF Greater Bay Area Fund is an extension of AEF's current efforts, given its experience and expertise in Hong Kong and the entire APAC region, as well as the rising demand of GBA-based startups to explore business and financing opportunities presented in the market. We invited strategic partners, who share the same vision with us, to empower more startups, so that we may all benefit from their success."   The GBA Fund will invest in startups with GBA access. They can either be a company located in the GBA or a Hong Kong-based startup with plans to expand into the GBA. The GBA Fund welcomes all kinds of startups from various industries, particularly in sustainability, deep tech, health tech, artificial intelligence (AI) and Industry 4.0 related projects. To help startups discover GBA opportunities, attract talents and build up a network among entrepreneurs, the GBA Fund is committing its capital and financial support to help startups thrive as well as tap into the potential of the Alibaba Ecosystem. There are strong opportunities in the GBA. With a total GDP of US$1.7 trillion(1) and a market of over 80 million people, the GBA's economy is comparable to other metropolitan clusters, including New York, San Francisco and Tokyo. To this day, Hong Kong remains the most important trading window to Guangdong province, and its status as an international finance and business center brings together talents and infrastructure in an environment geared for innovation. As of 31 March 2021, AEF has invested in more than 50 startups, deployed HK$600 million and attracted over HK$13 billion of co-investments. The GBA Fund strengthens the mutually beneficial relationship Hong Kong has always enjoyed with the GBA. (1) Major Economic Indicators of the Guangdong-Hong Kong-Macao Greater Bay Area,

Entrepreneurs Fund Investments

83 Investments

Entrepreneurs Fund has made 83 investments. Their latest investment was in Prenetics as part of their Private Equity on September 9, 2020.

CBI Logo

Entrepreneurs Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/18/2020

Private Equity

Prenetics

$15M

Yes

Apis Partners

3

7/22/2020

Series E - II

General Fusion

$0.5M

No

4

12/16/2019

Series E

General Fusion

$65M

No

12BF Global Ventures, Bezos Expeditions, Braemar Energy Ventures, Business Development Bank of Canada, Chrysalix Venture Capital, Disruptive, DLF, Gimv, Hatch, Khazanah Nasional Berhad, SET Venture Partners, and Temasek

25

7/11/2019

Series H

Subscribe to see more

$99M

Subscribe to see more

10

6/6/2019

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/18/2020

7/22/2020

12/16/2019

7/11/2019

6/6/2019

Round

Private Equity

Series E - II

Series E

Series H

Series B

Company

Prenetics

General Fusion

General Fusion

Subscribe to see more

Subscribe to see more

Amount

$15M

$0.5M

$65M

$99M

$99M

New?

Yes

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Apis Partners

12BF Global Ventures, Bezos Expeditions, Braemar Energy Ventures, Business Development Bank of Canada, Chrysalix Venture Capital, Disruptive, DLF, Gimv, Hatch, Khazanah Nasional Berhad, SET Venture Partners, and Temasek

Sources

3

4

25

10

10

Entrepreneurs Fund Portfolio Exits

15 Portfolio Exits

Entrepreneurs Fund has 15 portfolio exits. Their latest portfolio exit was Prenetics on July 15, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/15/2021

Acq - Pending

$991

Artisan Acquisition

3

7/2/2021

Acquired

Eberspacher

1

2/24/2021

Reverse Merger

$991

Parasol Investment Corporation

3

00/00/0000

Subscribe to see more

Subscribe to see more

$991

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

$991

Subscribe to see more

10

Date

7/15/2021

7/2/2021

2/24/2021

00/00/0000

00/00/0000

Exit

Acq - Pending

Acquired

Reverse Merger

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Valuation

$991

$991

$991

$991

Acquirer

Artisan Acquisition

Eberspacher

Parasol Investment Corporation

Subscribe to see more

Subscribe to see more

Sources

3

1

3

10

10

Entrepreneurs Fund Team

2 Team Members

Entrepreneurs Fund has 2 team members, including current Controller, Jan Van Veldhoven.

Name

Work History

Title

Status

Jan Van Veldhoven

Controller

Current

Manoj Saxena

Founder

Former

Name

Jan Van Veldhoven

Manoj Saxena

Work History

Title

Controller

Founder

Status

Current

Former

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.