# Cathay Innovation

> Cathay Innovation is a VC fund backing Software and Artificial Intelligence. See 162 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 162
- Last investment: May 2026
- Lead investor: 44%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/cathay-innovation
- X (Twitter): https://twitter.com/Cathayinnov
- Website: http://www.cathayinnovation.com
- Facebook: https://www.facebook.com/Cathay-Innovation-1138603876164624/

Cathay Innovation is a multistage venture capital firm affiliated with Cathay Capital, investing in founders building transformative businesses across Europe, North America, Asia, Latin America, and Africa. Its platform connects founders with investors and its ecosystem of leading Fortune 500 corporations to help startups scale and transformindustries with consumer-to-enterprise and AI solutions in commerce, fintech, digital health, and mobility/energy. Cathay Innovation now manages over €2.5B AUM with offices in Paris, Berlin, Madrid, San Francisco, Mexico City, Shanghai, and Singapore and has invested in over 150 startups, including Chime, Pinduoduo (NASDAQ: PDD), Glovo, Wallbox (NYSE: WBX), Owkin, Ledger, ZenBusiness, Alma, Descartes Underwriting, and more.

## Contacts

5 contacts available for Cathay Innovation. Shizune tracks 10 team members at Cathay Innovation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/cathay-innovation-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $5.5M–$30M |
| Series B | $11M–$60M |
| Series C | $24M–$176M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 22 | 14% |
| Artificial Intelligence | 20 | 12% |
| FinTech | 19 | 12% |
| Financial Services | 19 | 12% |
| Information Technology | 14 | 9% |

155 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 56 | 35% |
| Series A | 34 | 21% |
| Series C | 17 | 10% |
| Seed | 9 | 6% |
| Funding Round | 8 | 5% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 25 | 15% |
| France | 24 | 15% |
| China | 17 | 10% |
| Spain | 11 | 7% |
| United Kingdom | 4 | 2% |

18 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Rajive Keshup | Partner | 7 | https://shizune.co/investors/profile/rajive-keshup |
| Costanza Carissimo | Director | 0 | https://shizune.co/investors/profile/costanza-carissimo |
| Denis Barrier | Co-founder and CEO | 15 | https://shizune.co/investors/profile/denis-barrier |
| Jacky Abitbol | Managing Partner | 32 | https://shizune.co/investors/profile/jacky-abitbol |
| John Li | Partner | 3 | https://shizune.co/investors/profile/john-li-1c00 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Embat | Embat develops cloud-based treasury management software designed to help finance teams manage cash flow, banking operations, and financial forecasting in real time. The company provides a platform that connects bank accounts, enterprise resource planning systems, and payment systems to centralize visibility of cash positions across multipleentities and currencies. Its software supports automated reconciliation, payment execution, liquidity forecasting, and financial reporting through a unified interface. The platform also includes AI-driven features that assist with transaction matching, anomaly detection, and cash flow prediction to reduce manual finance operations. Embat works with mid-sized and large enterprises to streamline treasury workflows, improve liquidity management, and support financial decision-making. The company integrates with a wide network of financial institutions and enterprise systems to enable continuous financial data synchronization and operational control.The platform uses automation and AI features to reduce manual treasury tasks, including transaction matching, accounting entries, and financial reporting workflows. It integrates with a wide range of banking systems and corporate ERPs to synchronize financial data continuously. Embat also enables centralized payment management, allowing finance teams to initiate, approve, and track transactions across multiple banking relationships. Its tools support cash visibility, debt monitoring, and financial scenario planning for operational decision-making. | $35.3M | Series B | May 12, 2026 |  |
| Qualified Health | Qualified Health is a reliable partner for safely utilizing generative AI in medicine. Qualified Health's infrastructure solution offers safeguards for ongoing algorithm performance monitoring, active AI governance, and developing agents tailored to the healthcare industry. Qualified Health are revolutionizing healthcare in America with tophealth system partners. | $125M | Series B | Mar 25, 2026 |  |
| Cryptio | Cryptio is a financial data analysis tool for cryptocurrencies. It helps crypto CFOs & CPAs easily automate accounting, bookkeeping and tax reporting for their digital assets. The tool consolidates all cryptocurrency transaction data from multiple wallet & exchange sources, and translates it into data usable for accounting and financialanalysis. We take away the headache of regulations, audits, taxes and accounting for crypto firms so that they can focus on what they do best. | $45M | Series B | Mar 04, 2026 |  |
| GenLogs | GenLogs is a freight intelligence company that offers truck carrier mapping services via AI-driven roadside sensors. | $60M | Series B | Feb 02, 2026 |  |
| Tucuvi | Tucuvi is a health technology company unlocking efficient and high-quality healthcare at scale with a CE-marked platform for Phone Consultation Automation. We develop safe and clinically validated Conversational AI for any care pathway, enabling clinical teams to augment their capacities, improve processes’ efficiency and efficacy, and achievebetter patient outcomes and satisfaction through continuous and personalized care. | $20M | Series A | Jan 08, 2026 |  |
| Vambe | Vambe is a multi-channel AI sales representative who handles customer interactions at all stages of the sales process. Vambe interfaces with sales tools and CRMs, generates extensive customer profiles from chat habits, and recommends items based on customer requirements. | $14M | Series A | Dec 03, 2025 |  |
| Range | Range is a personal finance platform providing online access to financial planners and tools to tracks, plan, and share your finances. | $62.3M | Series C | Nov 25, 2025 |  |
| Nabla | Nabla develops AI-powered tools focused on healthcare, particularly in medical imaging and diagnostics. The company creates solutions that assist medical professionals in detecting and analyzing conditions through advanced machine learning algorithms. Nabla's technology aims to enhance diagnostic accuracy and streamline clinical workflows byintegrating with existing healthcare systems. The company collaborates with medical institutions to improve patient outcomes using AI-driven insights. Its offerings include software platforms designed for radiology and pathology applications. | $70M | Series C | Jun 17, 2025 |  |
| Abacum | Abacum is a SaaS that helps finance teams deliver business insights. Abacum is the first collaborative workflow and planning platform for SMB's finance teams to boost productivity and strategic impact. The company believes in empowering people with the best collaborative tools for them to multiply their strategic impact in the organization andbe more fulfilled. | $60M | Series B | Jun 11, 2025 |  |
| Abacum | Abacum is a SaaS that helps finance teams deliver business insights. Abacum is the first collaborative workflow and planning platform for SMB's finance teams to boost productivity and strategic impact. The company believes in empowering people with the best collaborative tools for them to multiply their strategic impact in the organization andbe more fulfilled. | $60M | Series B | Jun 11, 2025 |  |

10 of 162 investments shown.

## Co-investors
- [Cathay Innovation](https://shizune.co/investors/profile/c-entrepreneurs) — VC Fund, 110 deals together
- [Seaya](https://shizune.co/investors/profile/seaya-ventures) — VC Fund, 18 deals together
- [Korelya Capital](https://shizune.co/investors/profile/korelya-capital) — VC Fund, 9 deals together
- [Molten Ventures](https://shizune.co/investors/profile/draper-esprit) — VC Fund, 8 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 8 deals together
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund, 7 deals together

## Similar investors

### Similar industry
- [MS&AD Ventures](https://shizune.co/investors/profile/ms-ad-ventures) — VC Fund
- [Anthemis](https://shizune.co/investors/profile/anthemis-group) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

### Similar country
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [Kima Ventures](https://shizune.co/investors/profile/kima-ventures) — VC Fund
- [Motier Ventures](https://shizune.co/investors/profile/motier-ventures) — VC Fund

## Featured in investor lists
- [Artificial intelligence VC Funds in France](https://shizune.co/investors/artificial-intelligence-vc-funds-france)
- [Artificial intelligence Investors in France](https://shizune.co/investors/artificial-intelligence-investors-france)
- [Consumer Investors in Singapore](https://shizune.co/investors/consumer-investors-singapore)
- [Consumer VC Funds in Singapore](https://shizune.co/investors/consumer-vc-funds-singapore)
- [Machine Learning VC Funds in France](https://shizune.co/investors/machine-learning-vc-funds-france)
- [Hardware Investors in Singapore](https://shizune.co/investors/hardware-investors-singapore)

## FAQ

### What does Cathay Innovation invest in?

Cathay Innovation invests primarily in Software, Artificial Intelligence and FinTech startups, most often at Series B and Series A stage. Most of the 162 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Cathay Innovation's check size?

Cathay Innovation typically joins rounds of $5.5M–$30M at Series A, $11M–$60M at Series B and $24M–$176M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Cathay Innovation participates in.

### How do I contact Cathay Innovation?

Public channels for Cathay Innovation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Cathay Innovation?

The team at Cathay Innovation includes Rajive Keshup (Partner), Costanza Carissimo (Director) and Denis Barrier (Co-founder and CEO), among 10 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co