In Silicon Valley, the typical narrative around any innovation follows a similar pattern: [Insert industry] has not changed in [Insert arbitrary large number] years. They are still using [insert choice of antiquated technology: fax machines, excel sheets, mainframe computers] to conduct their business. Therefore, technology startups are poised to disrupt it — with a new approach, […]
Announcing General Availability of Google Cloud Dataprep by Trifacta
Trifacta, the global leader in data preparation, today announced the general availability of Google Cloud Dataprep by Trifacta, an embedded version of the Trifacta data preparation technology within Google Cloud Platform. […]
How we early-backed Cootek, now China’s most global software company, with 132 Million DAU in 240 countries, going Public on the NYSE on September 28
Sometimes, taking a company public only takes only three years, like with Cathay Innovation invested Pinduoduo, but most of the time it takes much longer. September 28 2018 is a very special day for us, because it is the day CooTek is going public on the NYSE (NYSE:CTK) at a multi billion dollar valuation. We invested […]
Kayrros Secures $24M in Series B Funding to Expand Energy Market Penetration
New funding deepens the company’s crude oil market intelligence and expands its coverage across other energy markets that include petroleum products, natural gas, and power generation PARIS, 18 September 2018 – Kayrros, the leading advanced data analytics firm, today announced that it has raised €21 million ($24.4 million) in Series B funding led by Cathay Innovation […]
Kayrros Secures $24M in Series B Funding to Expand Energy Market Penetration
September 18, 2018 New funding deepens the company’s crude oil market intelligence and expands its coverage across other energy markets that include petroleum products, natural gas, and power generation PARIS, 18 September 2018 – Kayrros, the leading advanced data analytics firm, today announced that it has raised €21 million ($24.4 million) in Series B funding led […]
Website builder Strikingly raises $10M Series A+ to continue growth in China
Almost exactly one year after announcing its Series A, website building platform Strikingly said today that it has raised a $10 million Series A+. The new round was led by Cathay Capital, with participation from CAS Holding, the lead investor in Strikingly’s Series A. This brings Strikingly’s total funding so far to $17.5 million. […]
Cathay Innovation invests in website and mini-program editor SXL
Cathay Innovation today announces it led the series A+ funding round of website and mini-program editor SXL, with participation from Cash Capital. As the first Chinese start up incubated by Y Combinator, SXL has launched a simple, intuitive and easy-to-use website and mini-program editor as well as other web products and services. Following this round […]
‘The future will be won or lost on this technology. I’m very concerned’: The co-founder of a $9 billion company warns that China is on track to dominate the US in AI
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PinDuoDuo: how they became the fastest growing commerce company ever
PinDuoDuo (PDD) rang the Nasdaq bell last week and ended day 1 trading at a valuation of ~$30 billion. As an early investor supporting the Company, we witnessed first hand what they did to achieve this amazing milestone. Below is a summary on what PDD is and how they become a commerce giant. […]
Help your ecosystem and your ecosystem will help you, the lesson taught by the uncontainable rise of PinDuoDuo
The US e-commerce ecosystem today is clearly dominated by a few giants, often making it harder for startups to innovate. Here’s an example, with each quarterly earnings call, Amazon continues to conquer US commerce and steamroll its competitors. Today, Amazon’s e-commerce market share in the US is nearly 50%. That’s more than three times the […]