Analytics startup Unsupervised raises $35M to spot patterns in enterprise dataglobally

Boulder, Colorado-based Unsupervised, a big data analytics company leveraging AI to find patterns in business data, today announced that it raised $35 million in a series B round led by Cathay Innovation and Signalfire. Unsupervised says that it intends to use the funding to hire additional employees as it continues to develop its platform. Most enterprises have to […]

Cathay Innovation partners with SeayaVentures to streamline co-investments

Cathay Innovation Partners with Seaya Ventures

Copyright: Venture Capital Journal. Article source: https://www.venturecapitaljournal.com/cathay-innovation-partners-with-seaya-ventures-to-streamline-co-investments/?utm_source=sailthru&utm_medium=email&utm_campaign=vcj%20registrant%20daily%202021-04-16&utm_term=vcj%20daily%20bronze Multistage manager Cathay Innovation announced this week a newstrategic partnership with Madrid-based investment firm Seaya Ventures.The partnership will enable Cathay to expand its global presence intoSouthern Europe and Latin America and capitalize on Seaya’s expertise inthose regions. Cathay Innovation is also taking a minority investment in Seaya Ventures […]

Cathay Innovation raises $550M for its second global VC fund

With the global economy still sorting itself out in the face of the pandemic, we’re hearing about fewer new venture capital funds these days. However, today is an exception, as Cathay Innovation has raised a $550 million second fund, which is about double the size of its first fund and, according to its leader Denis Barrier, is larger […]

Cathay Innovation’s Man In Paris

Cathay Innovation, based in Paris, has a global portfolio. But its leader, Denis Barrier, is a French researcher who sees growing opportunities in France and Europe. Denis Barrier is co-founder and CEO of Cathay Innovation, the Paris-based investment fund that part of Cathay Capital. While Barrier and Cathay have a global portfolio, having their global headquarters here […]

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

Article source: https://batteryindustry.tech/svolt-plans-two-new-20-gwh-battery-cell-factories-in-china/ 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 […]

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 […]

The Babylon Health of pets raises €30m to go west

The Swedish vet-on-demand app FirstVet has raised an additional €30m, just one year after its €20m Series B financial round. The goal is to go big in the US. FirstVet was founded by David Prien and Joakim Widigs in 2016 and has since then expanded to Finland, Norway, Denmark, the UK and recently to Germany. […]

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 […]