In the dynamic and competitive manufacturing landscape, efficiency and optimization are not just desirable goals but essential requirements for success. However, even market leaders still rely on manual methods to keep account of their uptime and equipment efficiency, leading to lower output and higher production costs. […]
Category: Press Releases
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 […]
Cathay Innovation Taps Silicon Valley AI Entrepreneur and ex-Walmart Executive Bruno Delahaye as Partner to Lead Consumer Venture Capital Practice
Firm continues to deepen industry expertise in AI and key verticals including consumer, fintech, digital health and energy New Paris-based Partner represents latest expansion following launch of €1B global fund Paris, September 15, 2023 — Today, venture capital firm Cathay Innovation announced the appointment of Bruno Delahaye as Partner in Paris, leading its consumer practice […]
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 […]
Cathay Capital Appoints Kamran-Charles Vossoughi as Global Operating Partner for the Sustainable Transition of the Industrial Sector
Firm continues to redefine the role of private equity to bring real solutions to global industries; Simon Wu and Jean-François Cochy Promoted to Partners of Cathay Innovation Cathay Capital, a pioneering global investment firm, announces today the appointment of Kamran-Charles Vossoughi as Global Operating Partner for the industrial sector. The new role is designed to answer the […]
Cathay Innovation Joins $50M Series B for B2C Voice Startup AI Rudder
The Singapore-based Voice AI start-up has secured additional funding months after its Series A round to maintain global growth SINGAPORE, 08 MARCH 2022 — AI Rudder, the leading voice artificial intelligence start-up, today announced it has closed a US$50 million Series B funding round, bringing total funding in the last 12 months to US$60 million. New investors […]
Introducing the $125M Seaya Cathay Latam Fund
Joint fund created to help Latam startups achieve sustainable growth and scale with access to global markets and corporate partner networks; Opens office in Mexico City Mexico City, Mexico — Seaya Ventures and Cathay Innovation today announced the first close of a $125M multi-sector fund for startups across Latin America redefining industry and society. Based […]
Cathay AfricInvest Innovation invests in African genomics startup 54gene
Cathay AfricInvest Innovation leads round as company expands precision medicine capabilities across the African continent WASHINGTON, Sept. 16, 2021 — 54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B round, led by Cathay AfricInvest Innovation Fund. The round also included participation from Adjuvant Capital, KdT Ventures, Plexo Capital, Endeavor Capital, Ingressive Capital and others. […]
Cathay Innovation Invests in Sports Marketplace Colizey
Colizey’s goal by the end of 2022 is to list 500 partners, to bring its offer to more than 1 million sports items, while continuing to offer expert advice and expand in Europe. The Series A round includes investment firms Cathay Innovation, Aglaé Ventures, Cassius Family and top athletes Tony Parker and Teddy Riner. Paris, […]
Cathay Innovation Partners with Seaya Ventures to Fuel Co-Investments and Startup Growth Across Europe, North America, Asia and Latin America
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