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Alibaba DAMO

Updated Mar 24, 2026

Everything you need to know about Alibaba DAMO — from their funding history to who's backing them.

🇨🇳ChinaCorporateFoundation Models

Out of 100

🇨🇳

HQ

China

🗓

Founded

2017

🏷️

Stage

Corporate

👥

Team

1000+

Alibaba DAMO Academy is the AI research and technology division of Alibaba Group, conducting fundamental research in machine learning, computer vision, natural language processing, quantum computing, and semiconductor design while simultaneously developing and deploying AI products and models across the Alibaba commercial ecosystem including e-commerce, cloud computing, and digital payments. The

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Key Facts

  • Alibaba DAMO was founded in 2017 by Jeff Zhang and is headquartered in China.
  • Alibaba DAMO employs approximately 1000+ people.
  • Alibaba DAMO operates in the Foundation Models category and is currently at the Corporate stage.
  • Alibaba DAMO has an Awaira Score of 75/100, ranking it among the tracked AI companies on Awaira.
  • Alibaba DAMO's most recent funding round was a Series A of $40.2M closed in June 2018.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

N/A

All rounds

75/100

2017

1000+ employees

Strengths

Strong Awaira Score of 75/100

Growing team of 1000+ employees

Late-stage with proven business model

Considerations

!

Valuation not publicly disclosed

!

Limited disclosed funding

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$23.64M

Avg Round Size

1.4yr

Funding Span

Alibaba DAMO raised 2 rounds over 1.4 years, averaging $23.64M per round — a pace of roughly one round every 9 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
Revenue not disclosed

Awaira estimate based on public data. Not financial advice.

How does Alibaba DAMO stack up against competitors?

MetricAlibaba DAMOOpenAIAnthropicDeepSeek
Awaira Score75/10098/10095/10092/100
Total RaisedN/A$127B$67B$1.1B
ValuationN/A$852B$380BN/A
StageCorporatePrivateSeries GCorporate
Founded2017201520212023
Employees1000+4,0003,000150
Country🇨🇳🇺🇸🇺🇸🇨🇳
J

Jeff Zhang

Founder & CEO

View founder profile →
StageCorporate
Employees1000+
Country🇨🇳 China
Connect
Inactive
2 rounds
Series ALatest

$40.2M

Jun 2018

Seed

$7.09M

Jan 2017

Frequently Asked Questions

What is Alibaba DAMO's valuation?
No public valuation has been disclosed yet. The company operates in the Foundation Models space and may reveal this in a future round.
Who invested in Alibaba DAMO?
Investor details haven't been made public yet. Check back for updates as new funding rounds are announced.
When did Alibaba DAMO last raise funding?
Last raise: a Series A of $40.2M in June 2018.
How many employees does Alibaba DAMO have?
The team is roughly 1000+ people, headquartered in China.
What does Alibaba DAMO do?
Alibaba DAMO Academy is the AI research and technology division of Alibaba Group, conducting fundamental research in machine learning, computer vision, natural language processing, quantum computing, and semiconductor design while simultaneously developing and deploying AI products and models across the Alibaba commercial ecosystem including e-commerce, cloud computing, and digital payments. The Hangzhou organisation has published extensively in top AI venues and developed the Tongyi Qianwen family of large language models.
Who founded Alibaba DAMO?
Jeff Zhang founded the company in 2017 in China. Jeff Zhang serves as Founder & CEO.
Is Alibaba DAMO profitable?
Profitability details aren't publicly disclosed. The company has not disclosed its funding and is currently at the Corporate stage.
Where is Alibaba DAMO headquartered?
Headquarters are in China 🇨🇳. The company operates in the Foundation Models sector and was established in 2017.
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