At a Glance
Cathay Innovation was founded in 2015 as the venture capital arm of Cathay Capital Private Equity, created to bridge the gap between East and West for technology companies seeking global expansion. The firm operates with offices in San Francisco, Paris, Beijing, and Singapore, providing portfolio companies with unique access to multiple key markets. Cathay Innovation typically invests in Series A and B rounds, writing checks between $5M-20M, with a focus on B2B software, fintech, and digital health companies. The firm's distinctive value proposition lies in its ability to facilitate cross-border growth, particularly helping Western companies expand into Asia and vice versa. Notable investments include Figma (acquired by Adobe for $20B), Aircall, and Rappi. The firm leverages its parent company's extensive network and operational expertise to provide hands-on support to portfolio companies navigating international markets and complex regulatory environments.
“Invests in technology startups across the US, Europe, and Asia with a focus on enabling cross-border growth and global expansion.”
Cathay Innovation primarily invests at the Series A, Series B+ stages. This means they focus on companies that are scaling their go-to-market after proving product-market fit.
Cathay Innovation is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
Cathay Innovation focuses on investments in AI, Fintech, Digital Health. Their portfolio reflects deep expertise and networks within these sectors.
Cathay Innovation manages approximately $1.4B in assets under management (AUM) across their funds.