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. […]

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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 […]

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Kayrros Secures $24M in Series B Funding to Expand Energy Market Penetration

September 18, 2018 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 […]

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Cathay Innovation invests in website and mini-program editor SXL

Cathay Innovation today announces it led the series A+ funding round of website and mini-program editor SXL, with participation from Cash Capital. As the first Chinese start up incubated by Y Combinator, SXL has launched a simple, intuitive and easy-to-use website and mini-program editor as well as other web products and services. Following this round […]

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Pinduoduo stock soars in debut as IPO fever rolls on

Chinese Internet names continued their IPO hot streak on Thursday, after shopping app Pinduoduo Inc. made its public debut. Shares of Pinduoduo PDD, +0.63%  rose 40% in their first day of trading and were up another 4% premarket Friday. The company raised $1.6 billion through its initial public offering, during the second-busiest week for IPOs this year. […]

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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 […]

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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 […]

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