Cathay Innovation raises $320 mln for inaugural venture fund
Cathay Innovation has closed its debut venture fund at $320 million. The fund's investor base includes Bpifrance, CDB Capital, BNP Paribas Cardif, Groupe ADP, Groupe Artemis, Groupe SEB, Joyoung, Michelin, Total and Valeo. Cathay Innovation will back 20 to 25 early-growth tech startups, with initial commitments between $3 million and $15 million.
5 July 2017•4 mins read
