Cathay Innovation
Investment Thesis
Largest AI-dedicated VC fund in Europe ($1B, 2025 close). Vertical AI across digital health, fintech, consumer, and mobility — with deployment across Europe, US, and Asia. Offices in Paris, SF, Singapore, and Berlin.
Notable Portfolio
Why Cathay Innovation Should Back MOVO-X
Cathay Innovation just closed Europe's largest AI-dedicated fund ($1B) with digital health as a core pillar — and MOVO-X is vertical AI deployed inside hospitals at the point of patient intake. Cathay's Singapore office means they have direct visibility into ASEAN's $45B digital health market where MOVO-X already operates. Our FHIR R4 architecture, multi-language support, and five-country deployment is the kind of infrastructure-grade AI bet a $1B vertical AI fund is built to make at Series A.
MOVO-X at a Glance
What We've Built
Self-Service Kiosk Platform
- MyKad / NRIC / Health Card scan — national ID auto-fill
- Insurance & eligibility verification in real time
- Multi-language: English, BM, Mandarin, Tamil, French
- Payment: FPX · DuitNow · PayNow · NETS · Interac · Stripe
MOVO-X AI Clinical Triage
- Natural language symptom collection at kiosk
- On-premise LLM processing — zero PHI leaves hospital network
- SOAP-format structured clinical handoff output
- Acuity scoring for clinical routing before doctor sees patient
AI Queue Intelligence
- ML-powered wait time prediction per department
- Clinical acuity-based routing (urgent → priority lane)
- WhatsApp + SMS real-time patient notifications
- Live staff dashboard — 30-second state refresh
Enterprise Architecture
- 4-tier tenancy: Country → HealthcareGroup → Hospital → Department
- 86-table RLS-enforced PostgreSQL schema
- Full audit logging (30+ action types, 7-year retention)
- 62/62 E2E tests passing in production
Traction
KPJ Healthcare — Anchor Prospect
ProspectMalaysia's largest private hospital group. Bursa-listed. JCorp majority. 30+ hospitals across 13 Malaysian states. Advanced discussions underway — significant potential for enterprise-wide AI triage, queue management, and kiosk check-in deployment.
Canada — Multi-Clinic SaaS
ActiveMulti-tenant SaaS active across Quebec and Ontario clinic networks. PIPEDA + Law 25 compliant. Interac and Stripe payments. Architecture validated across clinic groups.
Singapore — Enterprise Pipeline
PipelineFull PDPA (SG), HBRA, and NEHR integration architecture complete. PayNow + NETS + Stripe. English and Mandarin. Strong pipeline potential with Singapore hospital groups.
Let's Talk, Cathay
We'd love to walk you through our product, architecture, and pipeline. If healthcare AI in ASEAN fits your mandate, we should have a conversation.