In a landmark transfer to bridge Australian capital with the quickly increasing Synthetic Intelligence (AI) sector, Tanggram, a number one Australian fintech and wealth platform, has introduced a joint initiative with NextGen Companions, the funding arm of Alibaba Hong Kong Entrepreneurs Fund (AEF). The partnership targets elevating A$50 million from Australian wholesale buyers by December 2026 to gas high-growth, AI-first firms in a market projected to exceed US$1.8 trillion by 2030.
Underneath this strategic partnership, Tanggram will set up and handle an Australian wholesale feeder fund that leverages its digital wealth platform and intensive neighborhood community to bridge Australian capital and high-impact alternatives inside AEF’s world entrepreneurial ecosystem. The fundraising marketing campaign will function milestone closings deliberate for Q1 2026, Q3 2026, and December 2026, providing buyers a number of entry factors into the world of transformative AI innovation.
Collaborative Feminine Management on the Forefront of Enterprise and Know-how
The partnership is collectively spearheaded by two visionary feminine executives with a confirmed observe file of turning potential into influence: Cindy Chow, Govt Director and CEO of AEF and Associate at NextGen Companions and Erica Xie (pictured), Co-Founding father of Tanggram and the “Rising FinTech Chief of the Yr” at The Finnies 2024.
“This collaboration is all about unlocking entry,” mentioned Erica Xie, Co-founder of Tanggram. “We’re enabling Australian buyers to immediately have interaction with world-class AI ventures backed by Alibaba’s innovation community. Tanggram sits on the intersection of know-how and wealth administration — translating advanced world alternatives into accessible, high-quality investments for our neighborhood.”
“AEF’s story started in Hong Kong ten years in the past, however for the reason that starting our imaginative and prescient has at all times been world. With the launch of NextGen Companions final yr, we got down to establish the world’s most promising AI startups—these poised to resolve structural issues. Our new partnership with Tanggram is a robust instance of this in motion, connecting Australian buyers to our world community of AI ecosystem and unlocking new prospects. Collectively, we are going to speed up the commercialization of breakthrough applied sciences and empower a brand new era of leaders to outline the way forward for development globally,” mentioned Cindy Chow, Associate of NextGen Companions.
Connecting Australian Buyers to World Development Alternatives
By way of this partnership, Tanggram will play a number one position in investor engagement to attach Australian capital with NextGen Companions’ world portfolio of established, AI-driven startups. These ventures have progressed past early-stage growth and are actually scaling globally by means of the Alibaba ecosystem.
NextGen Companions, backed by AEF’s sources, is uniquely positioned to bridge promising startups to the Higher Bay Space (GBA) and world markets. The fund is devoted to propelling AI-driven growth-stage startups which are fixing real-world challenges in sectors resembling Shopper Retail, Monetary Providers, Healthcare, Development & Constructing, and Artwork & Leisure. Managed by seasoned Alibaba veterans, the fund provides unparalleled entry to Alibaba Group’s intensive ecosystem, accelerating the size and influence of high-potential startups.
Since its inception by Alibaba Group in 2015, AEF has invested over US$100 million into greater than 80 startups, attracting co-investment exceeding US$2.8 billion. Notable investments embody main ventures resembling SandboxVR, Sleekflow, and Airwallex.
Tanggram: Redefining Wealth By way of Fintech
Based in Melbourne, Tanggram is famend for its revolutionary “invest-while-you-shop” app — a user-centric platform that blends good wealth creation with life-style rewards. The app allows Australians to spend money on professionally managed different asset methods that have been beforehand accessible solely to institutional buyers.
The Tanggram Spark possibility, one in every of its flagship funding merchandise, presently provides a fantastic annual return, with month-to-month distributions and a three-month lock-in interval. Impressively, Spark has met its goal return for greater than 71 consecutive months since its launch in November 2019.
Tanggram’s mannequin has earned sturdy trade recognition, together with a number of nominations as one in every of Australia’s main wealth administration apps, reflecting confidence in its capability to ship risk-adjusted returns aligned with its aims.
