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Cathay Innovation

Venture CapitalActive

Cathay Innovation is an international early growth venture capital firm that partners with entrepreneurs by bridging USA, Europe and China.

San Francisco, United StatesFounded 1995cathayinnovation.com/
54
Investments
10
Exits
$1.5B
AUM
18.5%
Exit Rate

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Investment Thesis & Strategy

Cathay Innovation is an early growth venture capital firm that invests in fintech companies across the USA, Europe, and China, seeking to partner with entrepreneurs.

Investment Activity

Deals per year over the last 7 years

2
2016
3
2017
2
2018
3
2019
0
2020
1
2021
1
2022

Portfolio Companies

Selected investments from their portfolio of 54 companies

P
Pigment
SaaS · Series C+, 2022
Active
A
Agicap
Fintech · Series B, 2021
Active
O
Owkin
Biotech · Series A, 2019
Active
J
Jobandtalent
Marketplaces · Series C+, 2019
Active
M
Mirakl
E-commerce · Series C+, 2019
Active
L
Ledger
Crypto/Web3 · Series B, 2018
Active
M
Momenta
AI/ML · Series C+, 2018
Active
P
Pine64
Consumer · Seed, 2017
Active
G
Glovo
Marketplaces · Series B, 2017
Active
V
Vade Secure
Cybersecurity · Series B, 2017
Active
S
SideChef
Food & Beverage · Series A, 2016
Active
Z
Zenly
Consumer · Series A, 2016
Active

Notable Exits

CompanyTypeYearValue / Acquirer
GlovoAcquisition2024
ChimeIPO2024
LedgerAcquisition2023
OwkinAcquisition2023
Sidecar HealthAcquisition2023
MomentaAcquisition2021
MiraklAcquisition2021
PinduoduoIPO2018
ZenlyAcquisition2017
HomeAwayAcquisition2015$3.9B

Frequently Asked Questions

Cathay Innovation focuses on Series A, Series B, Series C+ stage investments.

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