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 […]
Category: Portfolio News
Website builder Strikingly raises $10M Series A+ to continue growth in China
Almost exactly one year after announcing its Series A, website building platform Strikingly said today that it has raised a $10 million Series A+. The new round was led by Cathay Capital, with participation from CAS Holding, the lead investor in Strikingly’s Series A. This brings Strikingly’s total funding so far to $17.5 million. […]
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. […]
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 […]
Peek raises $23M and inks partnership with Google in push to digitize travel activities
Peek, a U.S. startup aiming to digitize the travel activities industry, has pulled a $23 million Series B round of financing and uncorked a partnership with Google that will help increase its visibility. Founded in 2012 by Ruzwana Bashir (CEO) and Oskar Bruening (CTO), the San Francisco-based startup describes itself as “OpenTable for the activities market” in […]
OnTruck picks up €25M Series B for its haulage tech platform
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 […]
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. […]
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 […]
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. […]