Cathay Bank
9650 Flair Dr, El Monte, CA, 91731, United States
Overview
Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community, providing them with the tools and services they need to achieve their goals. Founded in 1962, the firm operates in nine states in the U.S. as well as a branch in Hong Kong and representative offices in Beijing, Shanghai, and Taipei. Cathay General Bancorp is the holding company for Cathay Bank.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Banking
- Finance
- Financial Services
Investment portfolio
- HZO
Led · Debt Financing · Apr 2019
HZO has developed a patented coating technology that protects electronics from short-term submersion and broader exposure to liquids, oils, synthetic fluids, dust, dirt, and other hazardous materials. The solution can be applied to nearly any surface and has already been integrated into products ranging from a leading global tablet to a top-selling fitness tracker. HZO has engineered its process to fit directly into partners’ high-throughput manufacturing lines, enabling treatment of thousands of parts per day and supporting large-scale production. Management believes this capability opens an almost limitless addressable market across consumer electronics and industrial applications. The company continues to invest in technology that maximizes protection while minimizing manufacturing friction for OEM partners. Following its latest financing, Harris & Harris Group reports an approximately 15% ownership stake in the business, underscoring continued insider support. The recent capital raise strengthens HZO’s balance sheet and positions the company to accelerate commercial deployment and expand into new verticals.