SVOLT plans two new 20-GWh battery cell factories in China

Article source: SVOLT Energy Technology Co., Ltd., Baoding, Hebei, China, announces the expansion of its production capacities in China with two new battery cell factories. One of the new plants will be located in Suining, in the Sichuan province in western China; the other one will be located in Huzhou in the Zhejiang province, about two hours […]

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, […]

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 […]

Wallbox Completes €33 Million Financing Round to Support Global Growth

Leader in EV Charging Solutions to Expand to New Markets and Geographies Barcelona, Feb 1st, 2021 – Wallbox today announced the closing of a €33 million financing round to help propel the company’s expansion into new markets and meet global demand for its award-winning Electric Vehicle charging solutions. The investment is the latest endorsement of […]

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

Paris, June 9, 2020 – Cathay Smart Energy, a joint Fund established by Cathay Capital, Total Carbon Neutrality Ventures, and Hubei High Technology Investment Guiding Fund Management Co., Ltd., today announced the success of its first fundraising, closing at RMB 820 million (USD 120m / EUR 100m). Participants include cornerstone founding investors alongside other prestigious […]

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 […]

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

The Cathay Smart Energy Fund recently announced the successful completion of an exclusive Series A+ funding round worth tens of millions of RMB in ALLSENSE Technology, an industrial IoT solutions provider. ALLSENSE Technology specializes in integrating cutting-edge artificial intelligence technology with production processes in order to upgrade traditional industrial operations and so maximize efficiency, safety, […]

Heetch raises $38 million to accelerate its expansion in France and French-speaking Africa

Heetch, the Paris-based high-growth ride-sharing platform, has raised $38m in a Series B funding round with Cathay Innovation and Total Ventures alongside the renewed participation from existing shareholders Idinvest Partners, Innov’Allianz, Alven, Felix Capital, and Via-ID. Building on its local roots in the French market, where it competes mainly with international players, Heetch aims to become […]

Heetch raises $38 million to take on Uber in French-speaking countries

Article resource: Techcrunch: With Uber just days away from going public, a small challenger has raised some funds of its own to take it and the rest of the field on in francophone markets. Heetch, a ride-sharing platform based out of Paris with operations across France and French-speaking Africa, has picked up a Series B […]