Madrid-based OnTruck, which has built a “haulage tech platform” to better match supply and demand in the road freight industry, has picked up €25 million in Series B funding. The round is led by global venture capital fund Cathay Innovation, with participation from an array of existing and new investors that includes Atomico, Idinvest, All Iron […]
Category: News
La Blockchain, c’est la quatrième révolution industrielle!
Cofondateur de la Maison du Bitcoin, Eric Larchevêque est directeur général de Ledger (« registre » en anglais), l’une des startups les plus prometteuses de l’univers de la Blockchain et des crypto-actifs. Son produit, un mini-coffre digital pour cryptomonnaies, fabriqué à Vierzon, dans le Cher, s’est écoulé à plus d’un million d’exemplaires dans le monde. […]
Heetch raises $38 million to accelerate its expansion in France and French-speaking Africa
May 9, 2019 Heetch, the Paris-based high-growth ride-sharing platform, has raised $38m in a Series B funding round with Cathay Innovation and Total Ventures alongside the renewed participation from existing shareholders Idinvest Partners, Innov’Allianz, Alven, Felix Capital, and Via-ID. Building on its local roots in the French market, where it competes mainly with international players, Heetch […]
Alibaba’s Worst Nightmare: Pinduoduo Becoming the No.1 E-commerce App in China
Have you ever used Pinduoduo? There is a wide variety of e-commerce start-ups in China, but why is Pinduoduo suddenly so popular? It is because it has a large user base? Public data show that Pinduoduo has already attracted over 300 million users even though it is less than 3 years old, and its monthly […]
Cathay Capital launches its Smart Energy Fund with founding partners Total and Hubei High Tech
March 27, 2018 Cathay Capital Private Equity (‘Cathay’), Total Energy Ventures (‘Total’), Hubei High Technology Investment Guiding Fund Management Co., Ltd. (‘Hubei’), have signed today a Framework Cooperation Agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to the new energy sector in China. The fund will focus its investments on emerging […]
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 […]
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. […]
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, […]