Estonian manufacturing ERP Katana raises $11 million Series A led by Atomico
Tallinn-based Katana has raised $11 million to scale its leading manufacturing ERP (enterprise resource planning) platform for SMEs producing locally, selling online globally. The manufacturers of such products are stuck with outdated or expensive software, which is why the Baltic startup has built a plug-and-play ERP.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 â€“ $100 million in revenue, boosting productivity by 80 percent on average and giving control over material inventory. Katana will use the new funding to build out its team and the product. The new round brings its total funding to $16 million.