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Cathay Innovation Fund III has secured $1 billion in funding, establishing itself as the largest fund dedicated to artificial intelligence in the European Union. The fund is deeply committed to the application of AI across various sectors, including digital healthcare, fintech, consumer goods, transportation, and energy. With a global reach spanning China, Southeast Asia, Europe, and North America, it is backed by numerous Fortune 500 companies. Cathay Innovation Fund III fosters the globalization of local innovations and constructs an "investment + industrial collaboration" ecosystem to streamline the deployment of AI technology. To date, the fund has invested in 15 high-growth enterprises, all of which adhere to the EU's Sustainable Finance Disclosure Regulation standards.
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