Europe’s leading B2B InsurTech Qover raises $25M to accelerate momentum globally

qover cathay

InsurTech Qover, which builds the API-first global insurance solution for the new economy, has raised $25M with Prime Ventures as lead investor, backed by Cathay Innovation. Existing investors Anthemis and Alven have also participated in the funding round. This new investment brings the company’s total investment to $43M. The Series B financing follows a year […]

Unsupervised Lands $35 Million in Series B Financing to Automate Analytics

Unsupervised, the first automated analytics platform, announced today that it has closed a $35 million Series B round led by Cathay Innovation, with participation from new investor SignalFire as well as existing investors Coatue, Eniac Ventures, NextGen Venture Partners and Elad Gil. Customers at all stages of data maturity — from the Fortune 50 through […]

Influencer Marketing Platform Lefty Joins Cathay Capital Backed The Independents Group

Lefty Joins Cathay Capital Backed The Independents Group

The Independents Group is pleased to announce its strategic partnership with Lefty, a Paris-based premium influencer marketing platform. Supported by global investment firm Cathay Capital, the alliance will see Lefty’s three founders become partners and shareholders of the group while continuing to lead the growth of the site. Lefty operates a proprietary SaaS (software as […]

Cathay Innovation Partners with Seaya Ventures to Fuel Co-Investments and Startup Growth Across Europe, North America, Asia and Latin America

Cathay Innovation Partners with Seaya Ventures

Cathay Innovation takes minority stake in Seaya Ventures; Gives startups greater access to global funding, knowledge and potential partners April 14, 2021 – Global – Today, global venture capital firm Cathay Innovation announced a strategic partnership with leading Spanish investment firm Seaya Ventures. By combining Cathay’s global ecosystem of investors, startups and Fortune 500 corporations […]

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, […]

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 […]