Expanding with our ventures. We are excited to announce that Katalysen has found the right partner to establish and head up a Katalysen office in San Francisco. This office is being set up exclusively to serve our portfolio ventures and help open doors in the U.S. market. We already see this very tangible need from rapidly expanding ventures in our portfolio, which is the primary reason behind why we are making this investment now.
"I love the fact that we can help our venture partner companies on the U.S. market and that we have found a very cost-efficient way of doing this," says Katalysen CEO Peter Almberg on the news. "But the best part is that we have found the right person to make it happen!"
Katalysen MD and Chairman Heiner Weber continues: "Katalysen has an extensive network in the U.S., and I am looking forward to further activating and expanding that. The presence in Silicon Valley is valuable for all our stakeholders, especially for our venture partner companies. And together with the serial entrepreneur in charge will definitively make it happen."
Activities will commence in December this year, and we expect the office to be fully up and running by March 2022. We look forward to soon being able to introduce the person who will be leading Katalysen San Francisco, and are thrilled to welcome America to our network!