CCathay Innovation
Cathay Innovation is a Paris-based multistage venture capital firm founded in 2015 in affiliation with Cathay Capital, with offices in San Francisco, Berlin, Madrid, Shanghai and Singapore. It backs start-ups from early stage through growth in commerce and consumer, fintech, digital health, and mobility and energy, with AI as a central theme, and acts as a global expansion partner by working alongside a network of corporate limited partners. The firm manages about €2.5B, including a $1B Fund III whose backers include Sanofi, TotalEnergies, Valeo, BNP Paribas Cardif, Groupe SEB and Groupe ADP. It has invested in more than 120 start-ups, over 20 of which became billion-dollar companies, including Chime, Pinduoduo, Glovo (acquired by Delivery Hero), Wallbox, Ledger, Owkin, Getaround, ZenBusiness, Alma and Descartes Underwriting.
Team














Portfolio companies 12
Open 12 as list → On map →
T
E
T
A
P
W
L
O
H
G
CFunding rounds 15
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2026-06-11 | THEKER Robotics | Series A | €73M |
CRV
+12 more
|
| 2026-05-12 | Embat | Series B | €30M |
Cathay Innovation
+4 more
|
| 2026-01-08 | Tucuvi | Series A | $20M |
Cathay Innovation, Kfund
+3 more
|
| 2025-06-11 | Abacum | Series B | $60M |
Scale Venture Partners
+5 more
|
| 2024-07-24 | Payflow | Series A | €6M |
Seaya Ventures, Cathay Innovation, 6 Degrees Capital, Wayra
+2 more
|
| 2022-04-05 | Savana | Series B | €23M |
Conexo Ventures
+5 more
|
| 2022-01-17 | Payflow | Series A | $9.1M |
Seaya Ventures, Cathay Innovation
+6 more
|
| 2021-06-09 | Wallbox | IPO | $100M |
Lead unknown
+4 more
|
| 2021-02-01 | Wallbox | Series B (estimated) | €33M |
Cathay Innovation, WIND Ventures
+2 more
|
| 2020-10-15 | Savana | Series B | $15M |
Cathay Innovation
+2 more
|
| 2020-08-17 | Lana | Series A | $12M |
Base10 Partners
+2 more
|
| 2020-06-11 | Ontruck | Series B (estimated) | €17M |
OGCI Climate Investments
+5 more
|
| 2019-05-29 | Housfy | Series A (estimated) | €6M |
Lead not disclosed
+4 more
|
| 2018-07-18 | Glovo | Series C | €115M |
Rakuten Capital, Seaya Ventures, Cathay Innovation
+3 more
|
| 2018-05-30 | Ontruck | Series B | €25M |
Cathay Innovation
+7 more
|
| 2017-10-04 | Glovo | Series B | €30M |
Rakuten Capital, Cathay Innovation
+5 more
|














































