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FactoryWare snags $15M Series A for software innovation

Katana, a leading manufacturing and inventory management software provider, has secured $10M in Series A funding.

The round was led by Silicon Valley-based XYZ Ventures, with participation from several angel investors. The funds will be used to enhance the platform's AI capabilities and expand market reach.

Katana aims to leverage the new capital to integrate advanced AI and machine learning features, positioning itself as a trailblazer in manufacturing efficiency.

Founded in Estonia, Katana's intuitive interface and cloud-based solutions have already transformed operations for small and mid-sized enterprises, leveling the competitive field.