Sofia Drobychevskaya
The new fund saw participation from BNP Paribas Fortis, the Agri Investment Fund (AIF), and SFPIM Relaunch.
Meet startups and scaleups from Europe that closed funding rounds in May 2025.
Paris-based VC Cathay Innovation has closed a €1 billion fund to support AI startups across Europe, the US, and Asia.
The new fund saw participation from BNP Paribas Fortis, the Agri Investment Fund (AIF), and SFPIM Relaunch.
Investors include Sequoia Capital, Greylock Partners, Hummingbird Ventures, and Y Combinator.
The company's Series A round was led by Cherry Ventures, with support from Noa and UBS.