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 […]

FuturMaster chooses Cathay Capital to accelerate its ambitious growth strategy

FuturMaster and Cathay Capital today announced the acquisition by Cathay Capital of a minority stake in FuturMaster, alongside Bo Zhou, the company’s Founder and Chairman. Thanks to this first funding round, FuturMaster will benefit from Cathay Capital’s strategic and financial support to accelerate the development of SaaS solutions and its global expansion. A Supply Chain […]

€17m raised for the digital freight platform Ontruck

Led by OGCI Climate Investments, the fund of the Oil and Gas Climate Initiative, this funding round brings Ontruck’s total capital to more than 53 million euros. Cathay Innovation, Atomico, Idinvest Partners and Total Carbon Neutrality Ventures, Ontruck’s historical investors, have also renewed their trust. Endeavor Catalyst also joined the round as a new investor. […]

Cathay Capital raises €1.3 billion to support entrepreneurs

Cathay Capital announces that it has raised €1.3 billion to support entrepreneurs, following the final closing of the €800 million Midcap II fund and the achievement of the €500 million target for Cathay Innovation II. Those two investment vehicles are operational and will enable Cathay’s teams to best support start-ups (for Cathay Innovation II) as […]

Cathay Capital invests in OrderPlus, a leading Chinese e-commerce company specialised in cross-border trade, to accelerate the development of Chinese manufacturing.

Cathay Capital has recently completed a 100-million-yuan (c. USD 15 million) Series B investment in Xi’an’s leading cross-border e-commerce company OrderPlus. The additional funds will mainly be used to attract new talents, upgrade IT systems, invest in emerging markets, and empower the Maker Team in the OrderPlus Ecological Platform. In 2017 the cross-border B2C e-commerce […]

Cathay’s Portfolio – European Unicorn! Abu Dhabi leads $167 million investment in Spanish delivery app Glovo

Article Source: CNBC: KEY POINTS Spain’s Glovo says it has raised 150 million euros in a funding round led by Abu Dhabi sovereign wealth fund Mubadala. Glovo’s app is mostly known for food delivery, but it also offers other categories ranging from groceries to pharmaceuticals. The extra cash will be used to help Glovo hire […]

Zongteng Group Accelerates its Development with a 700 million CNY Funding Round

In March 2019, Zongteng Network raised 700 million CNY in a series B funding round led by Cathay Capital and Global Logistic Properties, with the participation of Eastern Bell Venture Capital. In the past 20 months, Zongteng has completed two rounds of financing raising a total of almost 1 billion CNY. The success of these […]

Glovo closes 115M€ Series C Funding Round

Glovo closes 115M€ Series C Funding Round to strengthen its growth and become the most relevant technology hub in Southern Europe   The startup is heading in its ambition to optimize the platform and offer a better service to riders, users and stores. With this goal, the company plans to hire more than 100 engineers Niall […]