Our Funds

Cathay Smart Energy

Fighting climate change from China with innovative carbon neutral energy solutions.

About
The Cathay Smart Energy Fund

A 1 billion RMB ($148M USD) multi-stage Fund, established with Total Energy Ventures and Hubei High Technology Investment, investing in the Chinese energy sector. While energy demand is a global issue, China’s large and increasingly tech savvy population represents a big opportunity to scale energy technologies that will result in significant impact. Our goal is to deepen collaboration across the industry, support innovative carbon neutral solutions and fight back against climate change.

Thesis
Investment Strategy

We invest in early to growth-stage startups developing new technologies and business models in the Chinese energy sector.

We back startups with a particular focus on the internet of energy, distributed energy, renewables, storage, solutions for green vehicles and low-carbon technologies.

Our initial check sizes range from 30 – 100M RMB ($4 – $14M USD). We can lead or follow and keep reserves for follow-on investments.

We help startups grow with access to Cathay’s global platform, Total’s global industry leadership as well as Hubei’s expertise in technological innovation in the field of new energy and environment innovation policy.

About
Total Carbon Neutrality Ventures

Total is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major. Total is listed on CAC 40, the 40 largest equities in France.

Total Carbon Neutrality Ventures is the venture capital arm of Total. As part of Total’s commitment to a better energy future, Total Carbon Neutrality Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.

News & Insights
Spotlight: Energy
06.09.2020Press

Cathay Smart Energy Fund Completes First Closing to Fight Against Climate Change and Support Innovative Carbon Neutral Energy Solutions

03.09.2020Press

The Cathay Smart Energy Fund invests in the industrial IoT solutions provider ALLSENSE Technology

03.27.2018Press

Cathay Capital launches its Smart Energy Fund with founding partners Total and Hubei High Tech

Portfolio
Companies
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