Cathay CarTech Invests in World Leader in 3D Sensing Systems UPhoton

January 7, 2019 Cathay CarTech Fund, in partnership with Lenovo Capital, THG Ventures, TusStar Invest and ZOL QiHang Investment, has recently completed a 100 million RMB funding round for UPhoton. The leading 3D sensing system supplier once again won the recognition of capital markets. Several existing shareholders such as Shunwei Capital and Baidu Venture have […]

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Where East meets West: Consumer Fintech at a crossroads — A South East Asia Story

Innovators around the world have heralded fintech as a force that will remake the storied financial sector. Investors agree. In the first three quarters of 2018 alone, venture capitalists invested $32.6 billion in 1,164 companies — almost double last year’s $17.9 billion invested globally. Already, fintech startups are impacting consumers lives: in 2017, an EY survey across twenty […]

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FINALCAD raises $40M to digitise the construction industry

December 13, 2018 Paris, December 13th, 2018. — FINALCAD, a leading construction mobile platform, today announces a $40 million Series C round, led by Draper Esprit, accompanied by Cathay Innovation and with the support of Salesforce Ventures. The investment will enable the company to significantly accelerate operations across Europe and Asia, as demand for their mobile-first […]

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Finalcad, the mobile platform for the construction industry, raises $40M Series C

Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding. The round was led by publicly listed London venture capital firm Draper Esprit and Cathay Innovation, with the support of Salesforce Ventures. Existing French investors Serena, Aster and CapHorn Invest also participated. […]

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The innovation supply chain: How ideas traverse continents and transform economies

While Westerners often associate the invention of calculus with 17th century European luminaries like Isaac Newton and Gottfried Leibniz, its theoretical foundations actually stretch back millennia. Fundamental theorems appear in ancient Egyptian work from 1820 BC, and later influences sprout from Babylonian, Ancient Greek, Chinese and Middle Eastern texts. […]

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The ‘Neo-Banks’ Are Finally Having Their Moment

SAN FRANCISCO — After the financial crisis 10 years ago, unhappy customers were expected to flee the megabanks for smaller competitors. It didn’t happen. And the big banks became even more entrenched. Now another wave of alternative banks are at it again, and they say they’ve learned from the mistakes of the upstart banks that […]

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Satellites, Big Data Help U.S. Spy on Smugglers of Iranian Oil

Ships carrying Iranian crude have long used tactics like changing their flags of registration or switching off their radio signals to avoid detection amid Western sanctions. But when a new U.S. oil export ban begins on Nov. 5, many of the tricks of seaborne oil smuggling are less likely to be effective at helping Tehran […]

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