How many investments has Cathay Capital made?

Cathay Capital has 24 tracked investments.

What stage does Cathay Capital invest at?

Cathay Capital invests at the Growth stage.

Where is Cathay Capital located?

Cathay Capital is headquartered in Stamford, US.

Does Cathay Capital lead rounds?

Yes, Cathay Capital leads investment rounds.

Who does Cathay Capital co-invest with?

Cathay Capital most often shares deals with Titanium Ventures, Vertex Ventures China, Xiang He Capital, among 3 tracked co-investors.

Cathay Capital

Growth equity

Stamford · Growth · 10 people tracked

Also known as NEW CHINA CAPITAL MANAGEMENT CORP.

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Investment thesis

Cathay is a provider of growth capital to companies on the private side of the Chinese economy. Since 1992 it has completed over 60 investments and realized capital events including IPOs on the New York Stock Exchange, NASDAQ, the Hong Kong Stock Exchange and Chinese domestic stock exchanges, as well as trade sales, with a cumulative transaction value exceeding US$5 billion.

Invests inAdvanced Manufacturing Biotech Consumer Healthtech Logistics & Supply Chain Media & EntertainmentSector AgnosticChina Stamford

Source: firm website, verified Aug 25, 2026.

Stage

Growth

Stamford, US

Leads rounds

Leads

Instruments

Equity

Founded

1992

AUM

$233.7M

Tracked investments

Team · 10 people

from the firm's website

Paul S. Wolansky· Chairman & CEO

Founder and CEO of New China Capital Management and chairman of the firm's Investment Committee, having served on the boards of many portfolio companies. Previously a Managing Director at Paloma Partners; holds a BA from Amherst College and a JD from Harvard Law School.

J. David Selvia· Managing Director· Shanghai

Joined New China Capital Management in 2006, responsible for sourcing, analyzing and implementing investments. Previously Business Development Director for GE Capital (Asia) and BD Manager at GE Corporate Initiatives Group in Shanghai; holds degrees from Boston University and the University of Pennsylvania (Wharton and Lauder Institute).

Ling Liu· Managing Director & COO· Shanghai (raised)

Joined New China Capital Management in 2004 and leads exit strategy implementation and evaluation of new investments as a member of the Investment Committee. Formerly a VP in Morgan Stanley's investment banking division and a consultant at Deloitte & Touche and Andersen; holds a BS from SUNY Albany and an MBA from Columbia.

Xubo Chu· Managing Director· Beijing

Rejoined the firm in 2013 with 20 years of China investment experience, responsible for sourcing and supervising portfolio companies and government relations as chief representative of the Beijing office and Investment Committee member. Previously Managing Director at SEEC Investment Management; holds an economics degree from Peking University.

Yuan Liu· Managing Director

Also known as Ryan Liu, responsible for sourcing, analyzing and executing investments and monitoring portfolio companies. Previously worked in R&D and business development at Alcatel and marketing at startup TimiTech; holds engineering degrees from Harbin Institute of Technology and an MBA from UCLA Anderson.

Anita Eng· CFO

Responsible for financial and investor reporting plus due diligence and portfolio monitoring. Previously an AVP of regulatory and financial reporting at Greenwich Capital Markets and auditor-in-charge at Salomon Brothers, CIGNA and Coopers & Lybrand; holds a BS from Wharton and an MBA from NYU.

Derek Kwok· Vice President

Responsible for investment analysis, market research and office administration. Holds a degree in Systems Engineering and Engineering Management from The Chinese University of Hong Kong.

Qianqian Li· Senior Vice President

Responsible for market research and investment analysis. A CPA charterholder who was previously an associate at PwC Advisory; holds an accounting degree from the University of International Business and Economics.

Shun Zhao· Vice President

Also known as Steven Zhao, responsible for market research and investment analysis. A CPA and CFA charterholder who was previously a senior auditor at Deloitte; holds bachelor's and master's degrees from Southeast University.

Zexuan Li· Senior Associate· New York, New York, United Statesin

Responsible for investment analysis, portfolio monitoring and investor relations. Previously an investment banking associate at HSBC; holds a BA from City University London, an MBA from NYU Stern and an MSc in Mathematical Finance from the University of Warwick.

What they invest in

from 7 of 25 portfolio companies

AI & Machine Learning ×3Data & Infrastructure ×2Enterprise Software ×2Hardware ×2Semiconductors ×2Consumer ×1Deep Tech ×1Fintech ×1

HQs:China×5United States×1

Investments · 25 tracked

founders shown can be your intro path

163163.net

TOM VIP邮箱 provides a paid email service for individuals and businesses, offering SSL-encrypted email, a dedicated VIP channel, and mobile email management integrated with WeChat.

Enterprise SoftwareSaaS

Co-investorsBritish Patient Capital

999 Pharmaceutical999.com.cn

Algoblualgoblu.com in

Algoblu develops Network Element Virtualization (NEV) technology that virtualizes fiber communication ports, letting carriers and telcos offer multi-tiered, on-demand network services with service isolation, varied SLA levels, and end-to-end encryption.

Deep TechHardwareSemiconductors

Co-investorsTitanium Ventures WestSummit Capital

Aoyuanaoyuan.com.cn

Beemtrybeem.com in 𝕏

Beem is a fintech app offering instant cash advances up to $1,000 with no credit checks or income restrictions, personal loans up to $100,000, and AI-powered financial tools for budgeting, price comparison, and job matching.

AI & Machine LearningFintechSan Francisco, US

Co-investorsAvesta Fund Cathay Innovation Techstars TruStage Ventures Massive South Park Commons

Bizseer

A high-tech enterprise providing AIOps products focused on R&D and application that helps enterprise data centers identify anomalies, locate faults, and predict risks from IT monitoring data.

Boda Advertisingrayli.com.cn

Rayli is a Chinese fashion and lifestyle media brand that publishes magazines covering fashion, beauty, home design, and men's style, and manages a roster of models and brand ambassadors.

ConsumerMedia & Entertainment

China Resources Landcrland.com.hk

Chundu888chundu888.cn

Datastorydatastory.com.cn in

DataStory (数说故事) is a Chinese AI technology company that builds data collection, aggregation, and analytics products—including social listening, brand/category analysis, and voice-of-customer platforms powered by its EnlightAI multi-agent system and SocialGPT.

AI & Machine LearningData & InfrastructureMarketing Tech

Co-investorsXiang He Capital

Dioodioo.com

DolphinDBdolphindb.cn in 𝕏

DolphinDB is a high-performance time-series database and real-time computing platform built in C++, offering an integrated architecture for storage, computation, and analysis of trillion-scale data with millisecond queries.

AI & Machine LearningData & InfrastructureEnterprise Software

Fanhuacashchina.cn

Fanhuaholdingsfanhuaholdings.com

Hashdatahashdata.cn

Hgjghgjg.net

ImageDTimagedt.com

Littleswanlittleswan.com

Noursenourse.cn

Co-investorsVertex Ventures China

Plastecplastec.com.hk

Trusforttrusfort.com

Vindavinda.com

Ykjtykjt.cn

YTMicroytmicro.com

Yuntu (YT Micro) designs automotive-grade microcontrollers (MCUs) based on Arm Cortex-M0+, M33, and M7 cores, developed to AEC-Q100 and ISO-26262 (ASIL-B/D) automotive standards.

HardwareMobility & TransportationSemiconductors

Yuchaiyuchai.com

Portfolio news

latest coverage across their companies

Labor, progressive groups launch $1M push to flip Missouri legislative seats | Local News | khqa.com

163 · khqa.com · Aug 13, 2026

Beem's $1M Bet on BC: Fueling Pilots, Reformers, and a New Economy - BriefGlance.com

Beem · briefglance.com · Jun 25, 2026

Profiting from Perpetuals: Implementing a Funding Rate Arbitrage Strategy with Backtesting | by DolphinDB | Medium

DolphinDB · medium.com · Mar 10, 2026

Frequently asked questions

How many investments has Cathay Capital made?: Cathay Capital has 24 tracked investments.
What stage does Cathay Capital invest at?: Cathay Capital invests at the Growth stage.
What sectors does Cathay Capital focus on?: Cathay Capital focuses on Advanced Manufacturing, Biotech, Consumer, Healthtech, Logistics & Supply Chain, Media & Entertainment, Sector Agnostic.
Where is Cathay Capital located?: Cathay Capital is headquartered in Stamford, US.
Does Cathay Capital lead rounds?: Yes, Cathay Capital leads investment rounds.
Who does Cathay Capital co-invest with?: Cathay Capital most often shares deals with Titanium Ventures, Vertex Ventures China, Xiang He Capital, among 3 tracked co-investors.

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