May 26, 2020 Successful series B funding round led by Cathay Innovation, Northzone, Atlantic Labs, Cherry Ventures and Adevinta MEDWING is the leading health-tech company for recruiting and personnel management in the European healthcare sector With more than 200,000 healthcare professionals, MEDWING manages the largest pool of expert personnel in the European healthcare industry. More […]
Accelerating the Digitalization of Healthcare: Cathay Innovation Leads €28M Series B in Germany’s MEDWING
Last week we announced a significant milestone in raising over €500M for our second venture capital Fund to invest in visionary entrepreneurs across Europe, North America and Asia that are changing the world through technology. Building on the success of our previous fund and the belief that our global platform can provide real value to founders, we’ve […]
Cathay Innovation’s first investment in Germany is healthcare startup Medwing
Medwing, a German startup with an ambition to tackle Europe’s shortage of healthcare workers, said on Tuesday that it has secured €28 million ($30 million) in a Series B financing round. Global venture capital firm Cathay Innovation led the round, marking its first investment in a German company. Other participating investors include Northzone, Cherry Ventures […]
Cathay Innovations Raises $550 Million in Second Round Funding
In our segment, Shakers, where we tell you how things are shaking out in the world of IPO’s, startups and beyond. We’re not hearing much from venture capital firms these days..that is unless you’re Cathay Innovations, which just announced that is has raised a $550 million second fund, which is about double the size of […]
Cathay Capital Raises $1.4 Billion in Private Investment Funds
International investment firm Cathay Capital has raised $1.4 billion in new funds with an eye on opportunities created by the pandemic-afflicted economy. Cathay Innovation, the firm’s venture team, got $550 million in new financing, $230 million more than its inaugural fund from 2017. The firm’s private equity group, meanwhile, raised a new $850 million fund. […]
Cathay Innovation raises $550M for its second global VC fund
With the global economy still sorting itself out in the face of the pandemic, we’re hearing about fewer new venture capital funds these days. However, today is an exception, as Cathay Innovation has raised a $550 million second fund, which is about double the size of its first fund and, according to its leader Denis […]
Cathay Innovation Says Positive Impact Investing Will Help World Recover
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VC Daily: Some Comfort for PPP Applicants; Cathay Capital Reloads; Startups Roll Out Contact-Tracing Apps
Good day. After tightening eligibility requirements and increasing scrutiny, the Small Business Administration is giving a reprieve to applicants for the Paycheck Protection Program. The SBA now says that loans of less than $2 million in the aggregate to a borrower and its affiliates will be considered necessary, based on the amount alone. […]
Cathay Capital Raises €1.3B in Latest Private Equity & Venture Capital Funds
May 14, 2020 Cathay Capital announces that it has raised €1.3 billion to support entrepreneurs, following the final closing of the €800 million Midcap II fund and the achievement of the €500 million target for Cathay Innovation II. Those two investment vehicles are operational and will enable Cathay’s teams to best support start-ups (for Cathay […]
Venture Capital Has A Lot To Learn From Fintech: Data-Driven, New Products, And More Access To A Broader Set Of Companies
Investment in the financial technology space has skyrocketed globally over the last decade. Fintech has transformed nearly every aspect of the traditional bank. It has also gone mainstream: 75% of people have used a money transfer or fintech product. Fintech innovation has also driven broad-based access to financial products and services to the unbanked and underbanked. […]