In the dynamic and competitive manufacturing landscape, efficiency and optimization are not just desirable goals but essential requirements for success. However, even market leaders still rely on manual methods to keep account of their uptime and equipment efficiency, leading to lower output and higher production costs. […]
Category: News
Flowdesk Raises $50m Series B, led by Cathay Innovation
Primary focuses will be investing in strategic hires, broadening their over-the-counter (OTC) offering and Market-Making services, securing regulatory licenses in Singapore and the US, and expanding into key financial hubs. Flowdesk, a full-service digital asset trading technology firm, today announces its $50 million Series B, led by Cathay Innovation along with the participation of Cathay […]
Michael Schuster joins Cathay Innovation as Venture Partner for the DACH region
Cathay Innovation continues to strengthen its European footprint specifically in Germany and DACH countries. Michael Schuster will be responsible for sourcing investment in and supporting the most promising startups in the region. Paris, 11 January 2024 – Today,Cathay Innovation announced the appointment of Michael Schuster as Venture Partner. His mission is to develop Cathay Innovation’s […]
Cathay Innovation Leads $24M Series B in Nabla, the Leading Ambient AI Assistant for Healthcare Practitioners
PARIS, Jan. 5, 2024— Cathay Innovation today announced its investment in Nabla, the ambient AI assistant for healthcare practitioners, leading its $24M Series B funding round. This close brings Nabla’s total funding to over $43M while enabling company expansion across U.S. healthcare systems and continuing to transform the way providers deliver care with its ambient […]
Health AI Startup Nabla Was Built On GPT-4. Now, It’s Abandoning OpenAI For Open Source.
Armed with $24 million in Series B funding led by Cathay Innovation with participation from Zebox Ventures, Nabla plans to focus on fine-tuning open source models… […]
Nabla raises another $24 million for its AI assistant for doctors that automatically writes clinical notes
$24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures… […]
What is Cathay Innovation’s plan to make France the third global AI ecosystem?
Faced with the generative AI revolution which is shaking up the global technological sphere, Cathay Innovation wants to become the springboard for French startups in the sector. Denis Barrier, the co-founder and managing director of the fund, explains his approach to achieving this. […]
The Next Tech Battle: France & the Global AI Race
Cathay Innovation’s FrenchTech AI Initiative In the 1990’s France was at the top of R&D and products in areas like telecom, ATM, high speed fiber or network research. Then came the digital and data economy era when most of Europe fell behind as Silicon Valley and tech giants like Google or Facebook rose. This was […]
Cathay Innovation Ranks #33 on the VCJ50 2023: World’s Top Venture Fundraisers
Marking the 3rd time on the list, CI is 1 of 8 firms in Europe (1 of 3 in France) alongside Index Ventures, Sofinnova Partners, Eurazeo, EQT, Northzone, Forbion & HV Capital […]
Cathay Innovation Portfolio Company Tuhu Car Debuts on HKEX
Tuhu Car becomes first automotive aftermarket service company to go public on the exchange, listing at HK$28.00 ($3.58) and valued at HK$22.75 billion ($2.9 billion) Shanghai, September 26, 2023 — This week, Cathay Innovation portfolio company Tuhu Car (9690.HK), China’s leading integrated online and offline platform for automotive services, started trading on the Hong Kong Stock […]