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10,001+0
Founded Date
2008
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Active
Alibaba Innovation Investment is an entrepreneurship program and incubator in China that focuses on transportation and telecommunication sectors. Founded in Beijing, China, it invests in early stage ventures. Its portfolio companies include Cambricon Technologies, Nexar, and YCloset. Cambricon Technologies builds core processor chips for intelligent cloud servers, intelligent terminals, and intelligent robots. Nexar is a company that makes every car smart and is building the world’s safe driving network. YCloset is a women clothing rental platform. As of March 2020, Alibaba Innovation Investment has made three investments. Their most recent investment was on June 20, 2018, when Cambricon Technologies raised $100M.
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