Cathay AfricInvest Innovation Fund
Cathay AfricInvest Innovation Fund (CAIF) is the first Pan-African venture capital fund, created as a joint venture between AfricInvest and Cathay Innovation to connect Africa with global innovation ecosystems. The fund invests in highly scalable technology startups addressing socio-economic challenges across the continent.
40% of their portfolio is in Biotech & Life Sciences. Their most common stage is series-b (40% of deals). Average disclosed round size is $53.5M (across 5 rounds with reported amounts).
Portfolio
4
Fund Size
$120M
Top Stage
Series B
Last 12 Mo
1
Team
Daniel Balmisse
Managing Partner, Cathay InnoSquare (Fund of Funds)
Jacky Abitbol
Managing Partner
Lanchun Duan
Managing Partner
Bruno Delahaye
Partner
Emanuele De Leonardis
Partner, Head of Business Development & Ecosystem
Jing Zhao
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Nile.ag | Unknown | $200M | Aug 2026 |
 54gene | Series B | $25M | Jan 2023 |
 Oze | Seed | $3M | Jan 2022 |
 WhereIsMyTransport | Series A | $14.5M | Jun 2021 |
| 54gene | Series B | $25M | Jan 2021 |
Top Co-Investors
Last updated: 14 September 2026