Cathay Capital Backed Sugar-free Beverage Leader ‘Genki Forest’ Completes a New Round of Financing Valuing the Company at $6 Billion

Cathay Capital’s portfolio company, the rising Chinese beverage brand Genki Forest recently announced the success of its latest funding round, valuing the company at $6 billion. This represents a nearly threefold increase in less than a year, given the company’s $2 billion valuation in the previous round in which Cathay participated, and comes less than […]

Momenta Gains Traction for its Global Strategy with $500 Million Se-ries C funding

On March 19th, 2021, Momenta announced the completion of Series C financing totaling $500 million, led by Chinese strategic investor SAIC Motor, global strategic investors Toyota and Bosch, together with renowned investment institutions Temasek and Yunfeng Capital. Cathay Innovation has once again renewed its trust. Other investors include Mercedes-Benz AG, GGV Capital, Shunwei Capital, Tencent, […]

USHOPAL COMPLETES ANOTHER $100 MILLION ROUND FINANCING

USHOPAL, a leading new luxury beauty and new retail group in China, has announced the completion of another $100 million USD round of financing, driving up its investment pool to $200 million USD, aimed to support USHOPAL’s portfolio brands’ rapid growth in China and the Asia Pacific. The leading investor for this round is FountainVest […]

Cathay Innovation Renews its Trust and Investment in USHOPAL as it Raises Another $100 Million to Strengthen its Leadership as an Omni-channel Luxury Brand Accelerator

March 2021, SHANGHAI – USHOPAL, a Chinese luxury brand management group and omnichannel retailer, announced the closing of its latest $100 million funding round, driving up its total investment to $200 million. These funds will serve to bolster the already rapid growth of USHOPAL’s portfolio brands’ in China and the Asia Pacific. The leading private […]

Arthur Yeung Appointed Executive President of Cathay Capital to Further Transform the Role of Private Equity in Today’s Rapidly Changing World

Cathay Capital bolsters leadership across private equity and venture capital investment practices with new partners spanning Europe, Asia and the US On February 9th, Cathay Capital, a pioneering global investment firm supporting companies across stages and markets, announced the appointment of Arthur Yeung as Executive President. He will preside over the global management and evolution […]

Cathay Capital wishes you a happy holiday season!

Ready for a brand new year? As 2020 draws to a close, the entire Cathay Capital team would like to express its sincere gratitude for your continuous trust and to take a quick look back at the achievements of this past year. We’ve raised over € 1.45B and invested in more than 35 new portfolio […]

Cathay Cartech Fund invests in the innovative used car platform, YouCKU, to drive the digital transformation and increase the liquidity of the second hand car market in China

The Cathay Cartech Fund recently announced the successful completion of a Series B minority equity investment in YouCKU, an emerging leader in the used car platform segment based in Shenzhen, China. The company uses its digital and data science capabilities to help OEMs, car leasing and rental companies achieve efficient and largescale liquidity in used […]

China Digest: Cathay invests $53m in geoskincare; Shunwei backs Amiro

Cathay Capital invests $53m in New Zealand’s geoskincare Eight months after raising equity financing from China’s Skycus Capital, New Zealand’s skincare brand geoskincare said it has pocketed 350 million yuan ($53 million) in a Series E round funding exclusively from Chinese cross-border private equity firm Cathay Capital. Geoskincare will leverage the proceeds to support the […]

Living rooms become go-to-exercise venues in health-savvy era

The stay-at-home fitness trend in China is booming on the back of the stay-fit fever that swept the white-collar demographic during the COVID-19 pandemic, with tech companies beefing up efforts to roll out intelligent fitness equipment to entice new users. Fiture, a Chinese startup that offers smart home fitness equipment, has launched Magic Mirror-a smart […]