Estonian Katana raises €14M in Series B
Katana, an Estonian inventory management platform for small and medium-sized businesses, has raised €14M in Series B. The round was led by Cogito Capital Partners with participation from Fenton/Greer Family Trust, Northzone, Atomico, 42Cap, and Lightrock.
Founded in Tallinn in 2017 by Kristjan Vilosius, Hannes Kert, and Priit Kaasik, Katana develops software with built-in inventory, production, and reporting features to provide companies with an end-to-end inventory management solution for businesses and help them avoid stockouts or overstocks. The company's solution allows users to check and update inventory levels, assign batches and serial numbers, do stocktake, make stock adjustments and transfers. In addition, it can track item expiration dates and maintain control of expiring stock, as well as centralize and monitor data from various sales channels in one place. The startup's solution integrates with accounting software Quickbooks and Xero.
Cogito Capital Partners is a venture capital firm founded in 2018. Its headquarters are located in Warsaw, Poland, with additional offices in Luxembourg, New York, and Berlin. The company specializes in investing in late-stage companies with growth potential, primarily in the B2B technology sector.
Fenton/Greer Family Trust is a company that participates in the financing of startups. The owners of Fenton/Greer Family Trust are Peter Fenton and Kate Greer.
Northzone is a venture capital firm that invests in early-stage technology companies. It was founded in 1996 in Oslo, Norway. The company is headquartered in London, UK, with offices in Stockholm, Oslo, and New York.
Atomico is a venture capital firm headquartered in London. The company operates in areas such as resources, materials, information technology, financial services, energy, consumer services, and others. It was founded in 2006 by Niklas Zennström.
42CAP is a venture capital firm that focuses on sectors such as artificial intelligence and machine learning, biotechnology, enterprise and B2B, and SaaS. The company was founded in Germany in 2016. Founders: Alex Meyer and Thomas Wilke, former founders of eCircle, one of Europe's largest SaaS companies.
Lightrock is a direct investment platform that invests in sustainable companies. The organization focuses on sectors such as climate innovation, healthcare, education, and renewable energy. Lightrock was founded in 2009 by Prince Max von Liechtenstein. The company is headquartered in London.
