Melbourne-based fintech and wealth platform Tanggram has announced a partnership with NextGen Partners, the investment arm of Alibaba Hong Kong Entrepreneurs Fund (AEF), to raise A$50 million from Australian wholesale investors by December 2026.

The initiative aims to support high-growth, AI-focused companies in a market projected to exceed US$1.8 trillion by 2030, according to Australian Fintech.

Under the partnership, Tanggram will establish and manage an Australian wholesale feeder fund, leveraging its digital wealth platform and community network to connect local investors with opportunities in AEF’s global entrepreneurial ecosystem.

Milestone closings are planned for Q1 2026, Q3 2026, and December 2026.

“This collaboration is all about unlocking access,”

said Erica Xie, Co-founder of Tanggram.

“We’re enabling Australian investors to directly engage with world-class AI ventures backed by Alibaba’s innovation network. Tanggram sits at the intersection of technology and wealth management, translating complex global opportunities into accessible, high-quality investments for our community.”

Cindy Chow, Executive Director and CEO of AEF and Partner at NextGen Partners, added:

“AEF’s story began in Hong Kong ten years ago, but since the beginning our vision has always been global. With the launch of NextGen Partners last year, we set out to identify the world’s most promising AI startups. Our new partnership with Tanggram is a powerful example of this in action, connecting Australian investors to our global AI ecosystem and unlocking new possibilities.”

Tanggram will manage investor engagement, connecting Australian capital with NextGen Partners’ portfolio of established, AI-driven startups.

These companies are scaling globally through the Alibaba ecosystem and operate in sectors including consumer retail, financial services, healthcare, construction, and art and entertainment.

Featured image credit: Edited by Fintech News Australia, based on image by DC Studio via Freepik