Catator AB Announces Completion of Pre-IPO Funding Round
Catator AB, a leading technology development partner for the commercialization of hydrogen technologies, is pleased to announce the successful completion of its pre-IPO funding round. Due to strong interest from both existing shareholders and new investors, the new issue was finalized two months ahead of schedule and was oversubscribed.
With the completion of this funding round, Catator now has the capital required to invest in laboratory, production, and reactor testing infrastructure. These investments are crucial for the company's continued growth, with the aim of quadrupling its revenue by 2027.
Additionally, the funding round has brought in several new investors, complementing and broadening the ownership base in preparation for the planned public listing in 2026.
“We are very pleased to announce the completion of this funding round, which marks a significant milestone for Catator and paves the way for our continued expansion in the years ahead. Last year was a remarkable year for Catator. We strengthened our organization with several key employees, doubled our revenue, significantly improved our profitability, and demonstrated that our growth plan is robust and delivers against our ambitious financial and operational targets. I would like to express my heartfelt thanks to our excellent group of shareholders who appreciate and recognize the hard work of our team and believe in our investment case. I am also delighted to welcome several significant new investors, who I am confident will contribute with their networks and valuable insights and perspectives,”
Tarras Delin, CEO of Catator AB.
Disclaimer: This press release contains statements about future events and expectations that are forward-looking and subject to risks and uncertainties.
Media Contact
Julia Erikson
Marketing & Investor Relations
julia.erikson@catator.com
About Catator
Based in Lund, Sweden, Catator is a world-leading technology development and integration partner for hydrogen and fuel cell technologies. Founded in 1990, Catator has been at the forefront of hydrogen catalysis for over 30 years. Our mission is to accelerate the transition to a green hydrogen economy by creating compact, efficient, and versatile solutions for hydrogen production, conversion, and utilization. With a range of patented catalytic technologies, Catator has developed breakthrough designs for hydrogen reactors, reformers and burners, revolutionizing the economics of hydrogen catalysis. Catator continues to work with industry leaders and partners to commercialize and build tomorrow’s green hydrogen infrastructure, driving the transition to a sustainable hydrogen economy.
