Insurtech has become one of the fastest growing segments in fintech. McKinsey & Co. reported that over $10 billion has been invested in insurtech since 2012. Already there are over 2,500 insuretechs around the world, a number that will surely continue to climb. While there’s no debate over whether insurance is ripe for disruption, there’s still uncertainty over which […]
Category: News
Singapore App-Lending Startup Scores $500 Million Valuation
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Ontruck acquires digital freight forwarding platform Briver from Wtransnet, consolidating market position in Spain
Ontruck, the digital road freight platform, today announces the acquisition of Briver, from Wtransnet, the leading freight and vehicle exchange in Iberia. With a particularly strong presence in Cataluña, digital freight broker Briver will help to consolidate Ontruck’s leadership across the Iberia region and bolster capacity during the end-of-year holiday rush (Black Friday, Christmas). Both brands […]
Heetch adds $4M to its Series B round
Ride-hailing service Heetch has added a new investor to its $38 million Series B round. AfricInvest is investing another $4 million in the startup — in total, Heetch has raised a $42 million Series B round. Previous investors in the Series B round include Cathay Innovation, Idinvest and Total Ventures (now called Total Carbon Neutrality Ventures, for real). […]
Cathay Innovation a investi dans Pinduoduo, le nouveau poids lourd du e-commerce chinois
Le fonds Cathay Innovation est spécialisé dans l’accompagnement des entreprises du digital. Il connecte les startups françaises et chinoises. D’ailleurs, Cathay Innovation a investi dans la licorne chinoise Pinduoduo, le nouveau poids lourd du e-commerce en Chine. Entretien avec Denis Barrier, co-fondateur de Cathay Innovation. – Tech & Co, du mardi 12 novembre 2019, présenté […]
AfricInvest & Cathay tie in new LP
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L’Oréal commits to Cathay PE’s second innovation fund
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Cathay Innovation expands presence in europe as it seeks second fund
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L’Oreal Invests In Cathay Innovation Fund To Develop Tech Startups in China
Announced on wednesday investment in global venture capital fund cathay innovation to develop beauty tech startups in china. Strengthens connection to beauty tech startup ecosystem, particularly in china, the group’s second largest market and pioneer in digital innovation. Participation done through company’s capital fund bold business opportunities for l’oreal development launched in dec 2018. […]
Cathay Innovation Gains L’Oréal as a Strategic Investor
October 23, 2019 L’Oréal announced today a strategic investment in Cathay Innovation, a global venture capital fund founded to support entrepreneurs engaged in the sustainable transformation of the world through technology. With this transaction, L’Oréal strengthens its connection to the beauty tech startup ecosystem, particularly in China, the group’s second largest market and a pioneer in digital […]