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. […]
Category: News
Cathay Innovation Leads $15M Round In Chinese Men’s Fashion Start-Up MagMode
Cathay Innovation, a global venture capital fund affiliated with Sino-French private equity firm Cathay Capital Private Equity, has led a US$15 million series B2 financing round in MagMode, a Chinese men’s fashion start-up. […]
Cathay Innovation Raises $320 Million Inaugural Fund to Invest in Early Growth Technology Startups
PARIS, July 5, 2017 /PRNewswire/ — Cathay Innovation today announced the closing of its first investment vehicle for a total of $320 million, representing one of the largest fundraisings ever in Europe for an inaugural venture capital fund. The success of this fundraising can largely be explained by the unique approach proposed by Cathay Innovation and how this approach resonated among investors. […]
Large French groups join forces with Chinese tech entrepreneurs
Ils se retrouveront dans quelques jours aux Rencontres économiques d’Aix-en-Provence pour sceller leur alliance inédite : Xuning Wang, le président du fabricant d’électroménager chinois Joyoung et d’autres entrepreneurs chinois, comme Liu Qiangdong, le patron de la plate-forme d’e-commerce JD.com, ont décidé de s’associer à Valeo, Aéroports de Paris (ADP), Michelin, Total, Seb, BNP Paribas Cardif […]
Record fundraising for Cathay Innovation’s first fund
June 29, 2017 Today Cathay Capital announced the closing of Cathay Innovation’s first investment vehicle for a total of $320 million. This sum constitutes a record for a first-time venture capital fund raised in Europe. The success of this fundraising can largely be explained by the unique approach proposed by Cathay Innovation and how this […]
Cathay Innovation invests in Lechebang, to participate in the Chinese car aftermarket opportunity
June 1, 2017 Cathy Innovation recently completed an investment in Lechebang, China’s largest mobile car maintenance and services platform that uniquely leverages 4S (“Sales, Spare parts, Service, Survey”) shop networks. This $40M series-B round of financing was led by Far East Leasing, along with Cathay Innovation and existing investors, Sequoia China, Joyson Electronics and Vertex […]
Ex-Google Engineer Builds $1.5 Billion Startup in 21 Month
Colin Huang belongs to a rarefied cohort of Chinese entrepreneurs who launched their careers in Silicon Valley and then returned home to start successful tech companies. Huang, an ex-Google engineer who worked on early search algorithms for e-commerce, is already on his fourth and most ambitious startup. […]
Cathay Capital deploys Innovation Fund to Ifchange
March 23, 2016 The human resources management platform targets big data to attain business value of job seekers Cathay Capital recently announced it has completed an investment in human resources management platform Ifchange through the Cathay Innovation Fund. Ifchange is a leading big data SaaS (software as a service) recruitment platform in China, which is […]
Cathay Innovation supports the growth of FollowAnalytics
Paris, 1st March 2016 Cathay Innovation today announces that it is supporting the growth of FollowAnalytics by completing the 10 million US$ financing round led by Aspect Ventures and supported by Salesforce Ventures alongside the company’s historical investors, including Sapphire Ventures and Zetta Ventures. FollowAnalytics is leading a new generation of mobile engagement software designed […]
This Stanford physicist quit academia to help companies like Pepsi sell more soda
Quantifind president Ari Tuchman doesn’t have the background you might expect from a startup founder. […]