Cato Secures €6M Funding to Transform Italian Public Procurement with AI

Milan-based startup Cato has raised €6 million in seed funding to enhance AI-driven solutions for companies competing in Italian public tenders. Led by Keen Venture Partners, this funding boosts total capital to €7.6 million within a year. Cato's approach addresses Italy's complex bidding processes, with a focus on medical supply procurement. The company's innovative platform manages over 27,000 sources to streamline submissions amidst evolving digital landscapes.