Braid raises $38M from Octopus Ventures in a Series A to enhance mobile data integration in bank and airline apps.
PRIVATEOct 29, 2026
Amount Raised
$38 Million
Round Type
Series A
South Holland
Investors
KPN VenturesOctopus Ventures
Description
Braid, formerly Next Communications, has closed a $38 million Series A round led by Octopus Ventures, with KPN Ventures also investing. The Hague-based startup is profitable and aims to use the funding for international expansion, carrier network growth, and infrastructure build-out. This marks Braid's first fundraising from outside investors. The company connects to over 600 carriers in over 200 countries, serving nearly 90 enterprise customers.
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Company Information
Company
Braid
Location
South Holland, Netherlands
About
Braid, formerly Next Communications, is a platform that connects apps to over 600 carriers across more than 200 countries, enabling enterprise customers to easily incorporate SIM and eSIM connectivity. Founded in 2023, the company aims to simplify the process of embedding connectivity into customer experiences. They focus exclusively on serving enterprise customers in sectors like travel and fintech.
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South Holland