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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.