We have raised over 23 million SEK to bring us to global profitability. We are already profitable in markets like Latin America, and in Southeast Asia, we have a customer in Laos and are exploring how to establish ourselves in Indonesia.
Katam Technologies' AI-driven platform is gaining traction due to its ability to not only optimize forest management but also contribute to sustainability and biodiversity efforts.
The company already operates a subsidiary in Brazil with about ten employees. Now, Southeast Asia is the key focus area for Katam's future growth, with plans to expand further into North America.
With the new funding, the startup wants to continue developing its platform to meet global forestry needs, using drones and video to assess individual trees.
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