October 18, 2018 The autonomous driving company Momenta announced on October 18th that it has completed a new round of financing. The current round mainly comes from leading strategic investors, including Tencent, China Merchants Capital, Guoxin Investment, Oriza Holdings and CCB International. Historic investors such as Good Capital Group or NioCapital also contributed to this […]
Momenta claims China’s first self-driving unicorn title after new round of funding
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Luxury brand Group Shopal completes Series B+ financing round of RMB 200 million
October 24, 2018 Shopal, a platform operating international luxury brands in China, has recently completed a Series B+ financing round of RMB 200 million led by fashion leader Youngor Group, with additional funds from Cathay Capital – which also invested in Shopal in October 2016. The Series B+ financing will support the continued rapid growth […]
Satellites Aid the Chase for Better Information on Oil Supplies
PARIS — In a wing of a massive former bank building here in the French capital, dozens of youthful women and men gather around computer screens. This collection of around 100 mathematicians, software engineers and petroleum analysts are bent on shaking up the opaque world of information on the world energy markets. […]
InsurTech Investor Panel: It’s About Finding Pain Points, Trimming Fat
A panel of insurance investors and market researchers report that investing in insurtech firms has reached an inflection point as investors and insurers build out early ventures and look to new technologies and risk sectors. Register to be notified of new A.M. BestTV episodes. […]
Financial Inclusion- Innovation Meets Social Responsibility
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Insuretech’s real promise: growing the pie
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 […]