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Venture capital firm Octopus Ventures leads $38 million investment in Braid

Originally published by Business Standard
Venture capital firm Octopus Ventures leads $38 million investment in Braid
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London-based venture capital firm Octopus Ventures, along with KPN Ventures, has invested USD 38 million (around Rs 361 crore) in Netherlands-based enterprise connectivity platform Braid in a Series A funding round. KPN Ventures is the venture capital investment arm of KPN, the Netherlands' leading telecom & ICT service provider. Braid, launched in 2023, said it is profitable and cash-flow positive, with nearly 90 enterprise customers, including global fintech and travel brands. The company w

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