Katam Technologies Secures 6 Million SEK Investment to Power Global Expansion

Press release:

26 of July 2023, Lund, Sweden

Katam Technologies, a leading provider of innovative forest management solutions, proudly announces the successful completion of a 6 million SEK investment round. The investment, primarily contributed by existing shareholders, reflects their unwavering belief in the company’s strategic direction and vision.

With its largest market traction in Latin America, Katam Technologies has established itself as a trusted partner among several of the world’s largest forest companies. Building on this success, the investment will play a pivotal role in further strengthening the company’s international expansion efforts, with a particular focus on Latin America and South East Asia – two regions that offer immense growth opportunities.

“We are delighted to announce the successful completion of our recent investment round,” said Krister Tham, CEO at Katam Technologies. “The confidence shown by our existing shareholders fuels our determination to drive global expansion and deliver cutting-edge forest management solutions to our esteemed customers.”

Katam Technologies made a strategic shift to the B2B sector two years ago, and this transformation has proven highly successful. The company’s cloud service for enterprise customers has garnered exceptional feedback, earning praise for its reliability and operational efficiency from numerous satisfied customers.

Katam Technologies remains dedicated to transforming the forestry industry with advanced AI technologies and cloud-based services and to continue driving positive change in sustainable forest management practices.

About:
Katam Technologies is a leading technology company specializing in forest measurement and management solutions. The company’s cloud service provides enterprise customers with advanced tools for efficient forest asset management, facilitating data-driven decision-making and promoting sustainable practices.