Catator AB, a prominent technology development partner in hydrogen technologies, has successfully completed its pre-IPO funding round ahead of schedule due to strong interest from investors. This funding will allow the company to invest in critical infrastructure for laboratory, production, and reactor testing, with the goal of quadrupling revenue by 2027. The round also attracted new investors, expanding the ownership base in preparation for a planned public listing in 2026.
Tarras Delin, CEO of Catator AB, expressed his satisfaction with the funding round, highlighting the company’s achievements in revenue growth, profitability, and organizational strengthening in the previous year. Delin thanked shareholders for their support and welcomed new investors who will provide valuable insights and networks.
This funding milestone sets the stage for Catator’s future expansion and solidifies its position as a key player in the hydrogen market. For more news on developments in the hydrogen market, visit Hydrogen Central.
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