Ask a summer tourist the prime attraction of Paris and the apt response will be the museums, the restaurants and the shopping. But for investors around the globe the answer is HealthTech Investor Days, an event sponsored by France Biotech, an association of French entrepreneurs in the life sciences. […]
Category: News
Cathay Innovatoin hits €320m first close for Fund II
The firm said Cathay Innovation is looking to close the vehicle on €500m, substantially more than the €287m raised for Cathy’s first fund. The fund has secured commitments from Accor, BioMérieux, Dassault, JCDecaux Holding, Kering and Pernod Ricard. Previous investors including Bpifrance, Groupe ADP, Groupe SEB, Michelin, Valeo and GL events also committed to the fund. […]
Cathay Innovation Raises EUR 320M in First Close for Fund II
Paris, San Francisco, Shanghai, June 18, 2019 Cathay Innovation today announces the launch of a new investment vehicle, with a first closing at EUR 320 million and a fundraising target of EUR 500 million. The new investment vehicle will allow Cathay Innovation’s team – now strong of 30 members based in Paris, San Francisco, Shanghai […]
Cathay catches $358m for ccorporate-backed fund
ADP, SEB, Michelin, Valeo, Accor, BioMérieux, Dassault, JCDecaux Holding, Kering and Pernod Ricard have all contributed to the venture fund’s $358m first close. Cathay Innovation, the venture capital arm of France-based private equity firm Cathay Capital, reached the €320m ($358m) first close of a €500m fund today, securing capital from several corporate limited partners. […]
Cathay Capital’s venture affiliate seeks €500m for latest fund
Cathay Innovation, a venture capital affiliate of midmarket private equity firm Cathay Capital Private Equity, has raised more than €300m so far for its second fund, its co-founder and managing partner Denis Barrier said in an interview. The fund, which has a €500m target, received backing from a mix of institutional investors. […]
Who is Cathay Innovation, at the origin of a second fund of 320 million euros?
En 2015, Mingpo Cai, président-fondateur de Cathay Capital, société de capital-développement globale, rencontre Denis Barrier, jusqu’alors partner chez Iris Capital et ancien head of venture capital & corporate venture chez Orange. Ils partagent alors une même vision: les entrepreneurs du numérique devraient pouvoir être soutenus par une plateforme internationale qui leur permet de croître significativement, tout en bénéficiant de l’appui […]
Exclusive: Peek Could Be North America’s Next Travel Unicorn
Peek founder and CEO, Ruzwana Bashir, has been named to Forbes 30 Under 30, Vanity Fair New Establishment, Marie Claire New Guard, Inc 30 under 30, and the list goes on. Except Bashir is focused on becoming the next unicorn CEO. The Oxford and Harvard Business School graduate-turned-tech CEO to hear intends to turn Peek.com into the next […]
How China’s first autonomous driving unicorn Momenta hunts for data
Cao Xudong turned up on the side of the road in jeans and a black T-shirt printed with the word “Momenta,” the name of his startup. Before founding the company — which last year topped $1 billion in valuation to become China’s first autonomous driving “unicorn” — he’d already led an enviable life, but he was […]
Fintech Used To Be A Local Game. Today It Can Be Global
Historically, financial services was a local player’s game. Just look at the top 5 banks in Canada, US, UK, Canada, France and China in the chart below, ranked by total assets. There is nearly no overlap. In fintech, historically, the same appeared to be true. Outside of certain verticals like cross-border finance, most fintechs remained largely […]
Cathay Innovation Invests in KaiOS Technologies
May 22, 2019 KaiOS Technologies, maker of KaiOS, the leading mobile operating system for smart feature phones, announced today $50 million in a Series B funding round led by Cathay Innovation, with continued participation from Kai’s existing shareholders, Google and TCL Holdings. To date, more than 100 million devices running on KaiOS have been shipped, […]