
Cathay Capital
Description
Cathay Capital is a prominent global investment firm established in 2007, headquartered in Paris with a significant international footprint including offices in Shanghai, New York, and San Francisco. The firm distinguishes itself through a unique cross-border investment model, aiming to bridge capital and opportunities between continents. With over $5.5 billion in assets under management, Cathay Capital operates across the full private equity spectrum, encompassing venture capital, growth equity, and buyout strategies. This multi-stage approach allows them to support companies from their early development phases through to mature expansion and consolidation.
The firm's core investment philosophy revolves around empowering companies to navigate the complexities and seize the opportunities presented by globalization and sustainable transformation. Cathay Capital strategically invests across diverse sectors, including consumer goods, healthcare, technology, and advanced manufacturing. Their value proposition extends beyond capital, offering portfolio companies access to a vast global ecosystem of entrepreneurs, corporations, and public institutions, facilitating international expansion and strategic partnerships. This integrated approach is designed to foster long-term growth and innovation for their portfolio companies worldwide.
Cathay Capital's investment activities are channeled through various specialized funds, each targeting specific stages and sectors. For instance, Cathay Innovation, their venture capital arm, focuses on early to growth-stage technology companies, with its Cathay Innovation Fund II having closed at $750 million to support disruptive startups globally. Concurrently, their private equity funds, such as the Cathay Midcap funds, target more mature, mid-market companies seeking significant growth capital or buyout opportunities. Reflecting this broad mandate, Cathay Capital's typical first cheque sizes range significantly, from approximately $5 million for early-stage venture investments to potentially over $165 million for larger growth equity and buyout transactions.
Investor Profile
Cathay Capital has backed more than 116 startups, with 7 new investments in the last 12 months alone. The firm has led 60 rounds, about 52% of its total and boasts 21 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
- Majority of deals are located in China, France, United States.
- Strong thematic focus on Biotechnology, Health Care, Manufacturing.
- Led 5 rounds in the past year.
- Typical check size: $5M – $165M.
Stage Focus
- Series Unknown (23%)
- Series B (22%)
- Series A (18%)
- Private Equity (16%)
- Series C (9%)
- Seed (4%)
- Angel (3%)
- Series E (2%)
- Post Ipo Equity (1%)
- Series D (1%)
Country Focus
- China (59%)
- France (21%)
- United States (9%)
- Germany (3%)
- Spain (2%)
- Ireland (2%)
- India (1%)
- Italy (1%)
- New Zealand (1%)
- United Kingdom (1%)
Industry Focus
- Biotechnology
- Health Care
- Manufacturing
- Medical
- Software
- Artificial Intelligence (Ai)
- Robotics
- Electronics
- Pharmaceutical
- E-commerce
Frequently Asked Questions
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