19.05.22 Financing
1 min to read

Leaf assists KaiOS Technologies on its Series B funding.

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Leaf assists KaiOS Technologies on its Series B funding with Cathay Innovation

LEAF has assisted KaiOS Technologies, maker of the leading mobile operating system for smart feature phones KaiOS, on its 45 million EUR Series B funding with Cathay Innovation. KaiOS will use the funds to fulfill its mission to open up new possibilities for individuals, organizations, and society by bringing mobile connectivity to the billions of people without internet in emerging markets, as well as providing those in established markets with an alternative to smartphones. The cross-border Leaf team advising on this landmark technology project was comprised of Gregory Louvel as lead partner, Jean-Philippe Engel , partner, with support from Chloe Voratanouvong and Charlotte Mantoux. US law aspects were covered by Buhler Duggal & Henry LLP.

About KaiOS Technologies

KaiOS Technologies powers an ecosystem of affordable digital products and services, and exists to empower people around the world through technology. Its flagship product, KaiOS, is the leading mobile operating system with more than 100 million devices shipped in over 100 countries. Kai’s mission is to open up new possibilities for individuals, organizations, and society by bringing mobile connectivity to the billions of people without internet in emerging markets, as well as providing those in established markets with an alternative to smartphones. KaiOS is based on HTML5 and other open web technologies. Devices running on the platform require limited memory, while still offering a rich user experience through access to apps like the Google Assistant, YouTube, Facebook, Google Maps, and Twitter.

About Cathay Innovation

Cathay Innovation is a global venture capital fund, created in affiliation with Cathay Capital Private Equity. It was founded around the shared conviction that supporting digital entrepreneurs by providing them with a platform bridging 3 continents – North America, Europe and China – constitutes a particularly powerful value-creation strategy. As a multi-stage fund, Cathay Innovation partners with visionary entrepreneurs, committed to driving change through technology. Such transformation is accelerated by leveraging Cathay Capital Private Equity’s extensive network with corporates and solid experience in operational excellence. Cathay Innovation has offices in San Francisco, Paris, Beijing and Shanghai.