European venture capital firm Atomico leads the $11 million Series A funding round to Katana
Ellex in Estonia advised European venture capital firm Atomico on the $11 million Series A funding round to Katana, an Estonian manufacturing software development company.
Leading the round is European venture capital firm Atomico, with participation from angel investors Ott Kaukver (Checkout.com CTO), Sten Tamkivi (CPO Topia, formerly Skype), Sergei Anikin (CTO, Pipedrive) and Kairi Pauskar (former TransferWise HR Architect). Previous backer 42Cap also followed on, bringing the total investment raised by the company to date to $16 million.
Ellex Counsel in Estonia Antti Perli provided advice on Estonian law aspects, supporting Howard Watt and Sheridans who advised Atomico on the deal.
Atomico, founded in 2006 and headquartered in London, is an international investment firm that focuses on helping disruptive technology companies scale globally. It partners with technology founders at Series A and beyond with a particular focus on Europe, leveraging deep operational experience to supercharge their growth. The company’s team of founders, investors, and operational leaders have been responsible for global expansion, hiring, and marketing at companies from Skype, Google, and Twitter to Uber and Spotify. It specializes in seed, startup, Series A, early venture, mid venture, late venture, emerging growth, and growth capital investments.
Katana, founded in 2017, has worked with over 1,500 product-making businesses, spanning consumer and B2B industries in countries from the US to New Zealand. The startup says it’s on a mission to be the manufacturing entrepreneur’s secret weapon and wants to power “the local production revolution”, noting that consumer demand for sustainable and locally-product products is on the rise.