Primary focuses will be investing in strategic hires, broadening their over-the-counter (OTC) offering and Market-Making services, securing regulatory licenses in Singapore and the US, and expanding into key financial hubs. Flowdesk, a full-service digital asset trading technology firm, today announces its $50 million Series B, led by Cathay Innovation along with the participation of Cathay […]
Category: Portfolio News
Cathay Innovation Leads $24M Series B in Nabla, the Leading Ambient AI Assistant for Healthcare Practitioners
PARIS, Jan. 5, 2024— Cathay Innovation today announced its investment in Nabla, the ambient AI assistant for healthcare practitioners, leading its $24M Series B funding round. This close brings Nabla’s total funding to over $43M while enabling company expansion across U.S. healthcare systems and continuing to transform the way providers deliver care with its ambient […]
Health AI Startup Nabla Was Built On GPT-4. Now, It’s Abandoning OpenAI For Open Source.
Armed with $24 million in Series B funding led by Cathay Innovation with participation from Zebox Ventures, Nabla plans to focus on fine-tuning open source models… […]
Nabla raises another $24 million for its AI assistant for doctors that automatically writes clinical notes
$24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures… […]
Cathay Innovation Portfolio Company Tuhu Car Debuts on HKEX
Tuhu Car becomes first automotive aftermarket service company to go public on the exchange, listing at HK$28.00 ($3.58) and valued at HK$22.75 billion ($2.9 billion) Shanghai, September 26, 2023 — This week, Cathay Innovation portfolio company Tuhu Car (9690.HK), China’s leading integrated online and offline platform for automotive services, started trading on the Hong Kong Stock […]
B2B inventory marketplace Ghost reappears with $30M Series B to expand outside US
Cathay Innovation led the round with participation from Union Square Ventures, Equal Ventures and Eniac Ventures… […]
Cathay Innovation Leads Mogic AI’s $10M Series A
New Financing to be used for R&D to advance AI video product capabilities Shanghai, China, August 9, 2023 — Mogic AI, an AI-powered full-stack marketing company, recently announced a $10 million Series A round led by Cathay Innovation, with participation from existing investor ZhenFund. The latest financing follows Mogic AI’s angel round with ZhenFund and […]
Diabetes management startup Clivi wants to be ‘Livongo of Latin America’
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Beem beams in €20M to help European homes better manage energy with its DIY solar panels
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Crypto wallet company Ledger raises another $108 million
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