Cathay Capital

Cathay Capital, established in 2006, is a prominent international private equity firm headquartered in Paris, France. With a team of 60 professionals across offices in New York, Shanghai, Beijing, Paris, Munich, and Silicon Valley, the firm specializes in cross-border investments, supporting the international expansion of middle-market companies in North America, China, and Europe. Cathay Capital focuses on investing in various sectors, including consumer products, healthcare, advanced manufacturing, and technology, with a particular emphasis on French and Chinese companies. The firm has successfully completed 59 platform company investments across three continents, with a total of $1.5 billion in assets under management. Cathay Capital's unique value-creation strategy and multicultural team enable it to build and grow companies on a long-term basis.

Thierry Auzel

Investment Director

Daniel Balmisse

Managing Partner

Bruno Bezard

Managing Partner

Ming-Po Cai

Founder, Chairman and CEO

Mingpo Cai

Founder and President

Jinchen Cai

Vice President

Jackson Catalano

Associate

Siqi Chen

Partner

Jean-Francois Cochy

Associate

Lijun Ding

Associate

Jérémie Falzone

Partner

Wenyun Fang

Associate

Liu Feng

Investment Director

Caroline Folleas

Partner

Maximillian Gairard

Associate

Philip Galfe

Associate

Kejia Li

Investment Director

Jun MA

Partner

Niccolò Maino

Associate

Edouard Moinet

Co-Founder and Managing Partner

Marion Prieur

Associate

Jean-Marc Prunet

Partner

Andre Puong

Partner

Ricky Roman

Investment Director

Richard Roman

Investment Director

Benoît Seringe

Investment Director

Jianfei Sun

Investment Director

Bertrand Uchan

Vice President

Félix Wang

Vice President

Fabien Wesse

Managing Partner

Mark Woods

Partner and Head of North American Private Equity

Mark Woods

Partner

Xiao Xiao

Vice President

Minglang Xie

Vice President

Zhao Jing

Managing Partner

Kangjing Zheng

Associate

Zitian Zhu

Vice President

Past deals in Paris

Ganymed Robotics

Series B in 2022
Ganymed Robotics SAS is a medical device company based in Paris, France, established in 2018. The company specializes in developing advanced robotics technologies and software aimed at enhancing surgical precision in orthopedic procedures, particularly focusing on knee replacement surgeries. Its innovative therapeutic device is designed to improve patient outcomes and streamline the surgical process, enabling orthopedic surgeons to reduce operating times and enhance their overall experience. By integrating robotics into surgical practices, Ganymed Robotics aims to advance the efficiency of care delivery in the orthopedic field.

Finalcad

Private Equity Round in 2022
Finalcad is a technology company based in Paris, founded in 2011, that specializes in mobile applications and predictive analytics for the construction industry. Its platform facilitates construction project management by enhancing the field experience for workers and adapting to various on-site challenges and project requirements. Finalcad's solutions support stakeholders—including contractors, architects, and owners—through all phases of construction, from design to operation and maintenance. The platform focuses on improving quality, reducing costs, and enabling effective risk management by providing tools for progress reporting, defect management, and quality control. Since its inception, Finalcad has contributed to over 10,000 projects across 30 countries, playing a significant role in the digital transformation of the construction sector.

TISSIUM

Series C in 2021
TISSIUM is a privately owned medical device company based in Paris, France, focused on developing and commercializing innovative biodegradable sealants and adhesives for surgical wound closure, particularly in minimally invasive procedures. The company's products are designed to be non-toxic, bind effectively to tissues, and provide on-demand wound closure in the body’s dynamic environments. TISSIUM's technology is rooted in advanced research and intellectual property from renowned experts at MIT and Brigham & Women’s Hospital. The company aims to address various unmet clinical needs through its proprietary portfolio of fully biosynthetic, biomorphic, and programmable polymers. Founded in 2013, TISSIUM is supported by prominent healthcare investors, emphasizing its commitment to advancing surgical techniques through its groundbreaking solutions.

Le Wagon

Series A in 2020
Le Wagon SAS is a coding bootcamp founded in 2013 and headquartered in Paris, France. The company provides intensive training programs designed to teach students how to develop web applications from scratch. Its curriculum covers essential skills in web development, object-oriented programming, programming languages, and data science. Le Wagon aims to equip students with the technical expertise and entrepreneurial mindset necessary for launching careers as software developers or starting their own ventures. Through hands-on training and pre-acceleration programs, the bootcamp empowers aspiring entrepreneurs to transform their ideas into viable prototypes, fostering innovation in the tech industry.

Another Brain

Venture Round in 2018
Another Brain, SA is a Paris-based company founded in 2017 that specializes in the development and manufacturing of bio-inspired chipsets designed for artificial intelligence and robotics applications. These innovative chipsets facilitate autonomous and unsupervised data extraction, enabling embedded pattern recognition and processing without reliance on external databases. They can detect and store multiple patterns simultaneously and learn from previously encountered patterns. The company also offers software tools to assist users in integrating the chipsets and conducting simulations. Another Brain's technology has diverse applications across various industries, including smart sensors, Internet of Things (IoT), smart cars, smart homes, robotics, drones, security, biometrics, defense, and data center optimization. By enhancing the capabilities of AI beyond traditional deep learning approaches, Another Brain aims to revolutionize how information is processed and utilized in numerous sectors.

Mauboussin

Private Equity Round in 2010
Mauboussin is a French manufacturer and designer of jewelry, offering a range of products for both men and women. Originally known for its exclusive fine jewelry, the company has since expanded its offerings to include "new accessible luxury" items, which are marketed through innovative campaigns that challenge industry norms. The design of all jewelry pieces is handled by a creative team based in Paris. Mauboussin operates 75 stores and distributes its products through concessions in department stores and various multi-brand jewelry shops. The company's portfolio includes wedding jewelry and gemstones, catering to a diverse customer base.
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