# Palats Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/palats-technology

- Industry: Software
- Headquarters: Gothenburg, Sweden
- Website: www.palats.io
- Total disclosed funding: $1.2M
- Latest round: Seed (Jun 29, 2023)
- Investors on record: 3

## About

Founded in 2021 and based in Gothenburg, Sweden, Palats Technology AB operates as a software platform that engages in digital inventory management solutions. Adam Andreasson, Axel Sabel (COO), Felix Engelbrektsson (CTO), and Henrik Olausson are the co-founders of the company. In June 2023, Palats Technology AB raised SEK 13 million in seed funding from AGV Invest, with participation from Chalmers Ventures and Länsförsäkringar AB.

The company offers products such as circular inventory management, circular material handling, and inventory and logistics coordination. Palats provides a digital platform for stocktaking, inventory management, and reusing current goods and stocks. The firm also provides a mobile application that helps users map existing inventory or building materials.

The organisation generates revenue through its subscription plans, which include the 1-month plan for SEK 2,500, the 4-month plan for SEK 8,600, and the 6-month plan for SEK 12,500.

## Funding rounds

- Seed, Jun 29, 2023, $1.2M — Länsförsäkringar, Chalmers Ventures, AGV Invest

## Investors

- Länsförsäkringar — Seed
- Chalmers Ventures (https://capitalatlas.ai/funds/chalmers-ventures) — Seed
- AGV Invest (https://capitalatlas.ai/funds/agv-invest) — Seed