Braid closes a $38m Series A led by Octopus Ventures, with KPN Ventures participating, to sell SIM and eSIM services under white-label brands.
Ravical raises $17m in seed funding led by MMC Ventures to turn accounting and tax firms' know-how into AI-run processes used by over 100 European firms.
MuRay secures €7.1m, including Horizon Europe funds, to build muon-based imaging for rocket engines and turbines, with its first industrial service planned for 2027.
Braid raises $38m to simplify global mobile connectivity
Funding and deals
Braid. Its single API spans more than 600 networks for branded SIM and eSIM services, and it raised a $38m Series A led by Octopus Ventures.
Ravical. Ghent-based AI platform turning accounting and tax firms' know-how into shared processes raised a $17m seed round led by MMC Ventures.
MuRay. Hamburg deep-tech firm imaging rocket engines and turbines with muon beams secured €7.1m, split between €3.5m private and €3.6m public funding.
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