Katoo announced €3 million in funding from Otium Capital and Flash Ventures

Germany Spain France Investments 24 November 2020
Share on FacebookShare on Twitter

Katoo, a Madrid, Spain-based software developer of solutions for the food industry, announced securing a funding round of €3 million ($3.6M).

The money was raised from investors including Otium Capital, Flash Ventures and angel investor Marcos Alves Cardoso.

Katoo, founded in 2019 by Diogo Cunha, Karan Anand and Carlos Esquivel, developed a SAAS for food procurement, namely a mobile platform intended to facilitate the restaurant and supplier relationship. The company previously raised a pre-seed investment round, backed by Rocket Internet.