Nicolas Du Cray is a China-based partner at Cathay Innovation who heads the firm's Southeast Asia and India investments, giving him a cross-regional mandate to connect business models between China, SEA, and India from a single platform role. He was an early investor in Pinduoduo and has repositioned toward sustainability and deep tech sectors following China's regulatory shifts, while also focusing on B2B SaaS platforms that automate complex workflows like sales and prospecting.

• A primary focus on modernizing traditional industries like healthcare and insurance through digital transformation. Backing platforms that make these sectors more inclusive is a clear priority, demonstrated by investments in European digital health startups like Medwing and Southeast Asian insurance tech companies like Igloo.
• Fascinated by the practical applications of artificial intelligence and autonomous mobility. There is a strong belief in the positive societal impact of artificial intelligence, frequently pointing out major developments like autonomous driving solutions tailored for the Chinese market through portfolio companies like Momenta.
• Dedicated to expanding mobile connectivity and accessible technology across emerging markets. Celebrates milestones that bridge the digital divide, such as leading a funding round for KaiOS to help bring essential messaging and navigation applications to basic feature phones globally.
• Deeply invested in the Asian technology ecosystem and how innovative business models in the region influence global trends. Often highlights how companies in China and Southeast Asia drive massive digitalization and social impact, pointing to examples like Pinduoduo generating billions in revenue by helping farmers from rural areas sell their produce through social commerce.
• Prioritizing corporate partnerships to scale specialized venture funds. Actively collaborates with major global enterprises to target specific sectors, highlighting joint initiatives like launching a specialized energy fund in China with Total or teaming up with Sanofi to support digital health entrepreneurs.