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Estonian startup Katana makes manufacturers love software

‘Make locally, sell globally’ is the motto and the principle of one of the most successful Estonian startups Katana. Kristjan Vilosius, co-founder and CEO of the business, spoke at the Estonian startup pitching event Unicorn59 that Katana's goal is to make the manufacturers love Katana's software as much as they love their own products.

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Katana raises $11M to be the SaaS powering 'Manufacturing Entrepreneurs'

Katana has raised $11 million in Series A funding. 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.

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Katana raises $11 million for smart ERP software built for manufacturers

The global ERP market was pegged as a $43 billion industry in 2020, according to some estimates, a figure that could rise to $60 billion within five years. Prior to now, Katana had raised around $5.5 million, and with another $11 million in the bank, the company is well-financed to grow its team double down on product development.

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This pitch deck won software startup Katana $11 million in funding backed by Skype billionaire Niklas Zennström's VC firm

Based in Tallinn, Katana offers manufacturers an all-in-one software solution, with current clients making everything from organic cosmetics to home decor, electronics, food, and even surfboards. The firm is the latest in a slew of successful tech startups to have been founded in Estonia and raised $11M in its Series A round of funding. With this, the company has raised a total of $16M (approx €13.1M), to date.

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As Shopify surges, so are the software startups riding its coattails

Katana has raised $11 million in Series A funding in a round led by Atomico, a London-based VC firm, an Atomico representative told The Information. Katana—which offers a service that lets direct-to-consumer brands and manufacturers monitor inventory levels and track products—provides one of the thousands of apps that plug into Shopify’s e-commerce system, extending it with functions that Shopify itself doesn’t offer.

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Estonian manufacturing ERP Katana raises $11 million Series A led by Atomico

The manufacturers of such products are stuck with outdated or expensive software, which is why the Baltic startup has built a plug-and-play ERP. Katana claims to tackle the key pain points of manufacturing businesses with $100,000 – $100 million in revenue, boosting productivity by 80 percent on average and giving control over material inventory.

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Why we invested in Katana, the Manufacturing Entrepreneur’s Secret Weapon

The manufacturing industry accounts for 17% of global GDP and is undergoing a significant shift, with a growing demand for customized products leading to smaller batch sizes and an increasing share of manufacturers making locally and selling directly to their customers. We see the manufacturing industry as an exciting opportunity, large enough to build a significant company, but focussed in a way that will allow Katana to build a best-in-class product.

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About Katana

Our founders have always had a soft spot for makers, acting as angel investors and founding manufacturing and technology companies for over a decade before starting Katana in 2017. Today, thousands of manufacturers in North America and Europe use Katana to tap into the heart of their manufacturing business.

Our mission

The key to making the right business decisions is visibility. Katana’s mission is to give manufacturers the live insights they need in a world where change is the only constant.

Our stats

2017


Founded in Tallinn, Estonia

$16 million


Raised from investors to date

70+ 


Katanauts working from all over the world

USA             Estonia

Canada       Latvia

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