Cobalt has advised Northzone on its investment in technology start-up Katana. New investors Northzone and Lightrock and existing investors Atomico and 42CAP participated in the USD 35 million series B round.
Northzone is an early-stage venture capital fund, founded in 1996, that is active in Europe and the US.
Katana is a technology start-up that develops business software for small and medium-sized manufacturing companies. The company currently has more than 1,300 customers in 80 countries.
Cobalt’s team included Partner Kristel Raidla-Talur, Senior Associate Madis Reppo, and Assistant Lawyer Ken Saksniit.
Editor's Note: After this article was published, Cobalt announced that it had also advised Lightrock on its investment. The firm used a different team that included Partner Peeter Kutman, Managing Associate Ott Aava, and Junior Associate Elis Toim.