We are pleased to announce that Catalyst has closed an equity financing round.
Persistent has been the lead investor with support from Shell Foundation through their grant money contribution. Additionally Kai Hansen, new Catalyst Head of Product, has invested alongside participation of two advisory board members. The new board members are senior executives of Google and Microsoft and have invested in a private capacity.
These investments demonstrate the trust and confidence in Catalyst’s vision and business plan. Catalyst now has a strong foundation for growth for the remainder of the year and is ready for additional investments.