Ledger completes a $380 million Series C fundraising valuing the company at more than $1.5 billion, to strengthen its position as the leading secure gateway to digital assets

10T Holdings leads an oversubscribed Series C round, alongside additional investments from most Series B investors including Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG and Wicklow Capital. Ledger is the market-leading secure gateway for investors looking to access the world of digital assets securely. Ledger’s products include the world’s most popular hardware wallet for […]

Kojin Therapeutics Raises $60 Million in Series A Funding to Develop New Category of Drugs Based on Cell State Biology

Founded by leading scientists, including Stuart Schreiber and Benjamin Cravatt Series A led by Polaris Partners, Newpath Partners and Cathay Health, the global cross-border platform affiliated with Cathay Capital with deep expertise in the healthcare, life sciences and technology Proprietary approach to drug discovery and development based on cell state and ferroptosis biology   CAMBRIDGE, […]

SMART CHARGING AND ENERGY SOLUTIONS PROVIDER WALLBOX TO LIST ON NYSE THROUGH MERGER WITH KENSINGTON CAPITAL ACQUISITION CORP. II

  Wall Box Chargers SL (“Wallbox”) has entered into a business combination agreement with Kensington Capital Acquisition Corp. II (NYSE: KCAC); upon closing, the combined company will be listed on the New York Stock Exchange under the ticker symbol “WBX” Wallbox develops EV charging solutions for residential, semi-public and public use from nine offices across […]

Moose Knuckles — the Canadian Luxury Outerwear & Sportswear Brand Announces Industry Veteran Victor Luis as Investor and Executive Chairman

Montreal, Quebec, Canada. June 9, 2021 – Moose Knuckles, the Canadian luxury outerwear and Sportswear brand, announces a significant investment from Victor Luis and his appointment as its Executive Chairman. Luis, the former CEO of Tapestry, Inc. (the company that owns Coach, Kate Spade and Stuart Weitzman), is partnering with Moose Knuckles’ founders and Co-CEOs, […]

Cathay AfricInvest Innovation Fund Led the Series A Extension Round in WhereIsMyTransport with Naspers Foundry and SBI Investment

WhereIsMyTransport set to raise $14.5 million in Series A Extension to accelerate its market-leading mobility data and product offering in emerging-market megacities. This funding is additional to the $7.5 million raised in a Series A round in 2020, cementing the scale-up’s leading position at a time of unprecedented change for public transport in emerging markets. […]

Ecosystem Outlook: The Global Hydrogen Energy Market & Cross-border Synergies

  Carbon neutrality is one of the world’s most urgent missions. According to the UN, countries representing more than 65% of harmful greenhouse gasses and more than 70% of the world economy have committed to achieving net-zero emissions by 2050. Achieving the mid-century carbon neutral target requires concerted efforts from countries around the world with […]

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 […]