Cathay Innovation Launches €1B Global Venture Capital Fund to Support the Transformation of Industries & Society

PARIS–(BUSINESS WIRE)–Cathay Innovation today announced the launch of its third venture capital fund, a €1B global fund investing in startups accelerating the sustainable transformation of industries and society. At close, Cathay Innovation Fund III will be one of the largest multi-stage venture capital funds globally and is backed by institutional investors and multinational corporations including Sanofi, TotalEnergies, Valeo, BNP Paribas Cardif, Groupe SEB, Groupe ADP (Paris Aéroport) and m