An investment professional with over 15 years’ experience in the TMT sector, Nicolas du Cray is a China-based partner at Cathay Innovation, a €250m venture capital fund created in association with Cathay Capital Private Equity, which supports digital entrepreneurs across North America, Europe and China. Here he gives his insight on the investment strategy of […]
Ledger raises another $75 million to become the leader in cryptocurrency hardware wallets
Ledger just raised an impressive Series B round of $75 million (€61 million), led by Draper Esprit. The startup already raised a $7 million round last year. But the cryptocurrency mania probably made it easy to raise more money. If you have more than a bit of money in cryptocurrencies, chances are you’ve heard about Ledger wallets. The French […]
OWKIN raises $ 11 million to harness artificial intelligence for medical researc
La start-up OWKIN, spécialisée dans le machine learning appliqué à la recherche médicale, a bouclé un tour de table de 11 millions de dollars mené par Cathay Innovation, Otium Venture, Plug and Play et NJF Capital. Cette opération porte à 13,1 millions de dollars le montant total levé par la société depuis sa création. […]
Orange Takes Part in $11 Million Funding Round For FollowAnalytics
Orange (ORA.FR) on Wednesday said that it has participated in an 11 million dollar funding round for mobile marketing startup FollowAnalytics. The French telecommunications group said its investment in San Francisco-based FollowAnalytics has been made through Orange Digital Ventures, a fund it launched in 2015 to invest in early-stage tech companies. Orange didn’t disclose the […]
Is the future of cartech in China?
In recent years, it has been amazing to how China has become the most innovating country in the e-commerce world. This happened for several reasons. First, since the physical retail infrastructure was not well developed in China, digital advances were able to help accelerate the growth relative to the West. Then, mobile quickly scaled and […]
Cathay Capital Fund Leads Series B2 Round In Chinese Autonomous Driving Tech Firm Momenta
A fund managed by Cathay Capital Private Equity has led a series B2 round in Chinese autonomous driving tech start-up Momenta, with participation from GGV Capital. […]
How we bet on the man who went from Zero to US$ 15 Billion sales run-rate in 18 months
In 2017, it is quite impressive to see how Amazon is frightening the world, and how a lot of people interpret each of its move as the end of hope for any competitor present in the targeted field. After each quarterly results announcement, the US retailers suffer blows, and give the impression to be happy […]
Digital Revolution makes adjacent industries collide
During our September 2017 Cathay Forum, various CEOs spoke about the future of their respective industry. It was striking to hear how a major innovation originated by the Digital Revolution in one industry can impact significantly all its surrounding industries. […]
European on-demand delivery startup Glovo raises €30 million Series B
Late last month, Spanish media got wind that the Barcelona-based on-demand delivery app Glovo had closed Series B funding, but now the company is making the news official. The startup, which offers a service similar to Postmates in the U.S., has raised a €30 million round led by Rakuten Capital, and Cathay Innovation. Existing investors Seaya Ventures, Entreé Capital, […]
Chime raises $18 million for mobile banking without the fees
It’s a bank account and debit card built for the digital age. Chime is raising $18 million in Series B financing for its mobile-first approach to banking. Cathay Innovation led the round with participation from Northwestern Mutual Future Ventures, Crosslink Capital, Forerunner Ventures, Homebrew and others. […]