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 […]

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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 […]

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