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Braid Raises €34.13 Million Series A to Power Branded Mobile Connectivity
Dutch startup Braid, formerly known as Next Communications, has closed a €34.13 million ($38 million) Series A round led by London-based Octopus. The company, founded in 2023, enables enterprises to launch their own branded mobile connectivity offerings. The raise marks Braid's first external capital, and the company reports it is already profitable.
Key takeaway: A profitable, three-year-old telecom infrastructure startup securing a $38 million Series A signals investor appetite for enabling non-telecom brands to offer mobile services, a trend that could reshape how consumers buy connectivity.
Source: EU-Startups
Funding #Telecom #Startup
🔗 https://www.eu-startups.com/2026/10/p...
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