On July 26, 2018, Pinduoduo rang the opening bell simultaneously in Shanghai and New York, and was officially listed on the Nasdaq stock exchange, with a share price of USD 19 and a market value of USD 24bn. For the first time in history, the Nasdaq sent the beating bell button to Shanghai to welcome […]
Barcelona-based Glovo secures €115 million Series C funding to strengthen its international growth
Glovo, the Barcelona-based startup which set out to transform the way consumers access local goods, accelerates further growth with the closing of a €115 million Series C funding round. The investors include international companies like Rakuten, Seaya and Cathay, which already invested in Series B, AmRest, the largest publicly listed restaurant operator in Central Europe, and the European funds […]
Alex Lazarow Joins Cathay Innovation as Director in San Francisco Office
SAN FRANCISCO, July 2, 2018 /PRNewswire/ — Cathay Innovation announced today that Alexandre Lazarow has joined as Director in the San Francisco office. Alex will add his expertise to support Cathay’s mission to build and scale startups across the world. “Cathay Innovation is a unique investment firm with an international outlook, an ecosystem of strategic partners, deeply engrained values and an incredible platform […]
Why I joined Cathay Innovation
I am an optimist. The mantra that startups can “change the world” (for the better) has long motivated entrepreneurs and investors. What’s most exciting is from where this change is coming from. While the global technology industry has been historically concentrated in one place — Silicon Valley — it is increasingly coming from everywhere. Remarkably, nearly […]
Peek raises $23M and inks partnership with Google in push to digitize travel activities
Peek, a U.S. startup aiming to digitize the travel activities industry, has pulled a $23 million Series B round of financing and uncorked a partnership with Google that will help increase its visibility. Founded in 2012 by Ruzwana Bashir (CEO) and Oskar Bruening (CTO), the San Francisco-based startup describes itself as “OpenTable for the activities market” in […]
Peek, the company that is powering your next local experience
Studies show that more than half of US tech unicorns are founded by immigrants. When we met Peek’s founders, we were immediately convinced that Ruzwana Bashir and Oskar Bruening embodied the spirit and dedication that you can only really have when you come from abroad with the idea to create something big and special from […]
What it will take to power the revolution in mobility, and transportation as it appears at Movin’On conference
The current revolution underway may radically transform how we live our lives, and organize our society. Driverless piloting promises frictionless transportation over vast distances, in shorter times. Car sharing may dissolve our conception of car ownership. Vertical takeoff vehicles may move our commutes to the skies. Drones may change how we send or receive deliveries. […]
OnTruck picks up €25M Series B for its haulage tech platform
Madrid-based OnTruck, which has built a “haulage tech platform” to better match supply and demand in the road freight industry, has picked up €25 million in Series B funding. The round is led by global venture capital fund Cathay Innovation, with participation from an array of existing and new investors that includes Atomico, Idinvest, All Iron […]
La Blockchain, c’est la quatrième révolution industrielle!
Cofondateur de la Maison du Bitcoin, Eric Larchevêque est directeur général de Ledger (« registre » en anglais), l’une des startups les plus prometteuses de l’univers de la Blockchain et des crypto-actifs. Son produit, un mini-coffre digital pour cryptomonnaies, fabriqué à Vierzon, dans le Cher, s’est écoulé à plus d’un million d’exemplaires dans le monde. […]
Heetch raises $38 million to accelerate its expansion in France and French-speaking Africa
May 9, 2019 Heetch, the Paris-based high-growth ride-sharing platform, has raised $38m in a Series B funding round with Cathay Innovation and Total Ventures alongside the renewed participation from existing shareholders Idinvest Partners, Innov’Allianz, Alven, Felix Capital, and Via-ID. Building on its local roots in the French market, where it competes mainly with international players, Heetch […]