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. […]
Distributed teams are helping startups scale faster
Alexandre “Alex” Lazarow is a Director at Cathay Innovation, a global venture capital firm based in San Francisco. He is a Chartered Financial Analyst (CFA), a Term Member with the Council on Foreign Relations, and an adjunct professor at the Middlebury Institute of International Studies. […]
Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT
For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, Alibaba, Tencent, and more recently Didi Chuxing, Meituan Dianping, and ByteDance, entrepreneurs and investors are shifting attention to business applications. […]
The Rise of AI-Driven Enterprise Software in China
In what is now the largest-ever single financing in China’s Robotic Process Automation (RPA) + AI field, we are excited to announce the close of Laiye Technology’s Series B+ funding round of $US35 million, led by Cathay Innovation. With this investment, we are happy to partnering again with existing investors as Sequoia China, Lightspeed China, […]