Cathay Innovation

About

Cathay Innovation is a unique global Venture Capital firm affiliated with Cathay Capital (a private equity giant). It was the first French fund to truly execute a "Global from Day 1" strategy, operating as a single unified platform across North America, Europe, and Asia. Their superpower lies in their "Corporate Ecosystem": the fund is structurally backed by over 20 Fortune 500/CAC 40 companies (TotalEnergies, Sanofi, Valeo, Michelin, BNP Paribas, etc.) who act as strategic partners to help portfolio startups sign commercial deals. Recently, they closed a massive €1B Fund III specifically dedicated to "Vertical AI" (transforming industries via AI) and hold a strong conviction that the next wave of tech giants will be industrial and B2B.

Key facts

Type

Venture Capital

Stages

Series A,Series B,Growth

Sectors

Agnostic, B2B, Business management software, Marketplace, Software/SaaS, Vertical SaaS, Advertising/Media, Agritech, AI & Automation, Beauty/Fashion, Blockchain/Crypto, Data & Infrastructure, Cyber & Security, Defense, Education, Energy, Fintech & Insurtech, Foodtech, Gaming, Hospitality/Tourism/Travel, Future of work/HR, Industry & Manufacturing, Legaltech/Regtech, Logistics/Supply chain, Martech, Mobility & Transportation, Proptech/Construction, Retail/Future of Commerce, Digital health

Headquarters

France

Offices

Paris,San Francisco,Shanghai,Singapore,Berlin,Beijing,New York

Geographic focus

World,France,Europe,North America,Africa,Asia,Southeast Asia,Latin America,Australia,Southern Europe,UK,Middle East,Israel,USA

Lead / Follow

Lead / co-lead

Founded

2015

Track record

• Portfolio companies: 98
• Total investments: 142
• Exits: 14
• Unicorns: 9

Notable investments in France

Alhemics, Alma, Resilience Care, Imagino, Nabla, Owkin, Ledger, Finalcad, Beem