Good day. After tightening eligibility requirements and increasing scrutiny, the Small Business Administration is giving a reprieve to applicants for the Paycheck Protection Program. The SBA now says that loans of less than $2 million in the aggregate to a borrower and its affiliates will be considered necessary, based on the amount alone. […]
Category: News
Cathay Capital Raises €1.3B in Latest Private Equity & Venture Capital Funds
May 14, 2020 Cathay Capital announces that it has raised €1.3 billion to support entrepreneurs, following the final closing of the €800 million Midcap II fund and the achievement of the €500 million target for Cathay Innovation II. Those two investment vehicles are operational and will enable Cathay’s teams to best support start-ups (for Cathay […]
Cathay Innovation raises $550m for second fund, opens first SE Asia office
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Cathay Innovation raises US$550M for second fund, will continue investing in SEA
Cathay Innovation, a VC firm that invests in digital entrepreneurs across Europe, China, and the US, has raised €500 million (US$550 million), over our original target, for its second fund, according to Dealstreet Asia. […]
We got an exclusive look at the pitch deck health startup Owkin used to raise funding from top VCs to fight the coronavirus
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Insurtech Startup Axinan Closes Series A+ with $16 Mn
Insurtech Startup Axinan has closed its series A funding round at $16 mn. The extended series A+ funding was led by InVent, the corporate venture capital arm of asset management and investment company Intouch Holdings. […]
‘Banking in America is broken:’ The CEO of $5.8 billion challenger bank Chime wants to put the customer first during the coronavirus crisis
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Cathay Capital Launches Insight-Sharing Platform Cathay Connect & Consult
Paris, 26 February 2020 – Cathay Capital, a leading international investment platform focused on cross-border investment and committed to supporting the international expansion of startups and middle-market companies in Europe, North America, Asia and Africa, announces the launch of a new platform, Cathay Connect & Consult platform (“C3 Platform”), to empower its ecosystem partners and boost growth through networking, knowledge-sharing […]
Cathay CarTech Fund Invests in Waytous, the Industry Leader of Unmanned Intelligent Mines
March 13, 2020 Waytous officially announced that it has secured more than 100 million RMB A2 round of financing. Up to now, Waytous had raised, over 200 million RMB in series A round of financing since July 2019. The A2 round of financing was led by Cathay Cartech Fund, expert in the field of automobile and logistics, […]
Cathay Smart Energy Fund Invests in ALLSENSE Technology
March 9, 2020 The Cathay Smart Energy Fund recently announced the successful completion of an exclusive Series A+ funding round worth tens of millions of RMB in ALLSENSE Technology, an industrial IoT solutions provider. ALLSENSE Technology specializes in integrating cutting-edge artificial intelligence technology with production processes in order to upgrade traditional industrial operations and so […]