Cathay Innovation
Paris, France · Invests in North America; Europe; Asia; LATAM; Africa; US; MENA · Website
Check size
$5M-$100M
Thesis
Startups positioned as transformation partners with Fortune 500 corporates create the most impactful solutions. We believe the next generation of market leaders will emerge through collaborative innovation between startups and incumbent enterprises, supported by global expertise and capital.
Likely not a fit for
Pure financial engineering without technology differentiation, businesses misaligned with sustainability and impact goals, market positions without defensibility
How they invest
- Lead or follow
- Leads or follows
- Typical decision
- ~1 month
- Warm intro
- Preferred
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $1.5B
- Decision process
- Investment Committee
Partners & team
10 contacts on file
Matthieu Soule
Partner · Primary contact
Colombe Moinet
Partner
Denis Barrier
Co-Founder & CEO
MingPo Cai
Founder & President (Cathay Capital)
Lanchun Duan
Managing Partner, China
Jacky Abitbol
Managing Partner, EU
Simon Wu
Partner, US
Nicolas du Cray
Partner, Southeast Asia
Bruno Delahaye
Partner, EU Commerce
Alex Lazarow
Partner
Portfolio
Enterprise AI platform designed for health systems, focusing on safety, trust, and governance in healthcare AI applications.
Atoms is the one and only shoes for your everyday. One because that’s exactly how many designs we make. Rather than creating a bunch of different things and forcing you to make all the decisions, we are decisive. We are focused. We put all our best ideas in one place. This. One. Shoe. Only because it’s the only shoe you need. The simple styling works for working, walking, doing nothing, the weekend, traveling, whatever. + Atoms are the only sneaker that comes in 1/4 sizes which make them theonly
Chime is a financial technology company that provides mobile banking services with no hidden fees. It offers features such as early direct deposit, automatic savings, and a user-friendly app to help customers manage their finances effectively.
PDD Holdings is a multinational commerce group that owns and operates a portfolio of businesses, aiming to integrate more businesses and individuals into the digital economy. It has developed a network of sourcing, logistics, and fulfillment capabilities to support its operations.
Shutterstock is a global technology company offering a platform for high-quality stock images, videos, and music. It also serves as a marketplace for artists to sell their creative works. The company provides tools and services to power marketing campaigns.
Webex is a leader in collaboration and customer experience, offering an all-in-one, AI-powered platform for meetings, calling, messaging, webinars, and more, designed to enhance productivity and engagement in hybrid work environments.
Getaround is the largest car-sharing service in Europe, providing convenient 24/7 access to shared cars nearby. Users can book cars through an app, unlock them with their phones, and enjoy a hassle-free rental experience.
Alteryx is a data analytics company that provides a platform for data blending and advanced data analytics, enabling businesses to put data and AI to work effectively.
LeBonCoin is a leading French online classifieds platform that allows users to buy and sell a wide range of goods and services, including real estate, vehicles, and job offers.
Salsify provides a Product Experience Management (PXM) platform that helps brands and retailers manage product content and optimize the digital shelf.
AMI Labs is enabling the next AI revolution by building a new breed of AI systems that understand the real world, have persistent memory, can reason and plan, and are controllable and safe. They focus on developing world models that learn abstract representations of real-world sensor data for applications in industrial process control, automation, wearable devices, robotics, and healthcare.
Recent activity
- Mar 2026
Qualified Health
Series B · Participated
- Mar 2026
AMI Labs
Fundraising Round · Investor
- Feb 2026
GenLogs
Series B · Participated
- Jan 2026
Tucuvi
Series A · Lead
- Jan 2026
Atoms
Series A · Participated
- Dec 2025
Vambe
Series A · Investor
- Nov 2025
Range
Series C · Investor
- Oct 2025
Akua
Series A · Investor
Cathay Innovation in the news
Cathay Capital
Embat accelerates international expansion with EUR30 million Series B to expand its AI-powered treasury management system
2 months ago
Tech Funding News
Fintech Embat lands €30M from Creandum, Cathay Innovation to build the future of corporate treasury
2 months ago
Capital Riesgo
Embat raises €30 million in a funding round led by Cathay Innovation, with participation from Creandum, Samaipata, 4Founders Capital and Venture Friends
2 months ago
36 Kr
Cathay Capital Leads $1.03 Billion Seed Round Financing for AMI Labs
4 months ago
Sifted
Yann LeCun's AI startup raises $1bn seed round backed by Nvidia and Temasek
4 months ago
Bloomberg.com
Yann LeCun’s AMI Labs Draws Investor Interest from Cathay, Hiro
6 months ago
Cathay Capital
Tucuvi Raises $20M Series A to Accelerate Adoption of Its AI Care Management Platform Across Healthcare Organizations
6 months ago
PR Newswire
Cathay Innovation Hires Rose Yuan and James Colgan to Expand San Francisco Team
10 months ago
Venture Capital Journal
Cathay Innovation raises EU’s largest AI fund
May 2025
PR Newswire
Cathay Innovation Closes $1B Venture Capital Fund to Bring Vertical AI to Critical Industries
May 2025
Crunchbase News
Cathay Innovation Closes Third Fund At $1B, Looks For More Vertical AI Startups To Back
May 2025
WSJ
Exclusive | Cathay Innovation Reloads With a $1 Billion AI-Focused Venture Fund
May 2025
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