Data-wrangling cloud service Trifacta raised a $100 million funding round, as its user growth soared three times higher and its revenue doubled in the past year, the company said Thursday. The San Francisco-based company, which uses machine learning to help companies save money by using knowledge workers and data analysts to clean and structure data […]
JUUL, Startup Growth, And Who Is Investing For The Long-Term
Ever make dinner with what’s left in the fridge at the end of a busy week? Mostly this column gets through all the topics and news that fit its purview in any given five-day period. Other times, like this week, I wind up with a few interesting leftover tidbits that I still need to share. […]
Chime Reaches 5M Accounts As Rival Acorns Reaches 6.2M
In the Great Neo-Bank Account Accretion War, there are new performance numbers to chew on. Today CNBC reported that Chime, a neo-bank we’ve covered before, picked up one million new accounts since June. Chime now has five million accounts, and its CEO Chris Britt indicated to the publication that when his company was smaller it took four years to collect one […]
The path to the next billion internet users is through feature phones
Despite a US-China trade war barring Google from licensing its Android mobile operating system for Huawei phones, Android will have little problem continuing to dominate the mobile ecosystem. It accounts for over 75% of mobile web traffic followed by Apple’s iOS 22%. Other mobile OS combined accounted for a mere 2.3%. […]
We’re looking for you to join the Cathay Innovation team!
Cathay Innovation is a rapidly growing European venture capital fund investing in North America, Europe, China and Africa. Based in San Francisco, Paris, and Shanghai, we are affiliated with Cathay Capital, a global investment firm with over $3.0b AUM and 90 professionals. We are now investing out of the recently launched Fund II, a EUR 500 million […]
How retailers can survive the Amazon era
While Amazon’s 2019 Prime Day was riddled with complications, from worker protests to antitrust investigations, the tech giant once again broke records with 175M items sold, surpassing both Black Friday and Cyber Monday combined. In just twenty years, Amazon revolutionized the logistics industry by fulfilling orders directly and offering its fulfillment services to third parties selling on the Amazon marketplace. […]
Cathay Innovation Leads Series B Round In Chinese Kindergarten Operator
Chinese kindergarten operator Little Oranges Academy announced on Thursday that it has raised tens of millions of U.S. dollars in a series B round of financing led by Cathay Innovation, a global venture capital fund created in affiliation with Cathay Capital Private Equity. […]
WhatsApp arrives on Nokia 8110 and other KaiOS smart feature phones
Not having WhatsApp even on the Nokia 8110 4G ‘banana phone’ was a deal-breaker for many users. That feature gap has now been closed thanks to a collaboration between the makers of KaiOS, the OS that runs on the Nokia 8110, and Facebook-owned WhatsApp. […]
Fintech startup Curve raises USD55m
Curve, a banking platform that consolidates multiple cards and accounts into one smart card and an app, has secured USD55 million from a leading group of investors as part of a successful Series B funding round, valuing the company at a quarter of a billion dollars. […]
Interview: Cathay Innovation
The VC fund’s Nicolas du Cray explains the rationale behind its recent investment in KaiOS. […]