About
Cathay Innovation is a Paris-headquartered global multi-stage venture capital firm founded in 2015, affiliated with Cathay Capital, with offices in San Francisco, Berlin, Madrid, Shanghai, and Singapore. The firm closed its third fund at $1 billion in 2025 — the largest AI-dedicated fund out of the European Union — bringing total assets under management to over €2.5 billion. Cathay invests in vertical AI, digital health, fintech, mobility, and energy across Europe, North America, and Asia, connecting startups with a corporate network of 20+ Fortune 500 partners. The portfolio of over 120 companies includes Glovo, Ledger, Owkin, Alma, and Descartes Underwriting, with eight unicorns, six IPOs, and 18 acquisitions.
Portfolio 8
Co-investors 6
- 360 CapitalVenture Capital · Paris
- BreegaVenture Capital · Paris
- EurazeoVenture Capital · Paris
- Kima VenturesVenture Capital · Paris
- PartechVenture Capital · Paris
- XAngeVenture Capital · Paris
Connection map
Every node here is a row in the lists above — the map is a second view of the same connections, not another source of them.
Recent news
- Cathay Innovation closes $1B venture capital fund to bring vertical AI to critical industries2025-05-27 · Cathay Innovation