Press release
TGC Capital Partners Invests in Catecut
TGC Capital Partners, the strategic investment arm of the Gateway Group of Companies, evaluates more than 300 opportunities annually, and has chosen to invest capital and technological resources into Catecut, to support its next stage of expansion.
"Catecut's powerful technology uses AI and computer vision to automatically generate rich, multilingual product descriptions, metadata and tags by interpreting fashion product imagery. This helps brands and marketplaces save valuable time, reduce costs, and enhance their online presence across markets," says Ingi Björn Sigurðsson, Investment Director at TGC Capital Partners. "What stood out to us at TGC Capital is the clarity of purpose and innovative mindset of Heiðrún Ósk Sigfúsdóttir and her team. Their solution bridges creativity and automation - two forces reshaping the future of digital commerce. Through our partnership, we aim to accelerate Catecut's global expansion, leveraging Gateway Group of Companies' technological expertise, ecosystem, and international reach to unlock opportunities across Europe, Asia, and beyond."
"It is invaluable to receive support from TGC Capital Partners to scale our solution and gain international traction," says Heiðrún Ósk Sigfúsdóttir, Founder and CEO of Catecut. "As a former fashion brand founder and product information management expert, I know how important it is to the global fashion e-commerce industry to remove manual processes that cause product availability bottlenecks. Catecut enables e-commerce fashion brands to instantly populate PDPs, and strengthen the online shopping experience to drive sustainable sales. With TGC's partnership, Catecut's team has the resources needed to quickly accelerate the market adoption of our solution."
For more information, visit http://catecut.com/ and https://www.tgccapitalpartners.com/
Contact Us
- Gateway Group of Companies
- The Netherlands, Maria Montessorilaan 3, 2719 DB Zoetermeer
- Phone: +31 (0) 79 3200 980
- Email: ravi.satpal@tgccapitalpartners.com
- https://thegatewaycorp.com/tgc-capital-partners/
ABOUT
TGC Capital Partners is the strategic investment arm of the Gateway Group of Companies, focusing on innovative scaleups with headquarters in India and The Netherlands. With 28 years of expertise, we prioritize long-term investments in the Nordic region by building lasting relationships with our partners and remaining committed while avoiding interference in their daily operations. TGC Capital Partners has been instrumental in driving digital transformation and delivering software engineering solutions across multiple sectors throughout the region. We believe in building lasting growth together.
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