Cathay Innovation led a €20m Series A funding round in Beem.

Cathay Capital, a private equity firm, led a €20m Series A funding round in Beem, a pioneer in the field of energy management, with participation from Alter Equity, 360 Capital and BNP Paribas Development. “Beem embodies the new generation of smart, sustainable energy solutions. Alongside Beem’s teams, we want to make a positive contribution to transforming and optimizing the way energy is produced and consumed. Together, we plan to have a real impact by shaping a future where energy is used more intelligently, more efficiently and more respectfully for the environment, while enabling users to make significant savings,” Jacky Abitbol, Cathay Innovation Managing Partner.