Braid raises €34.13M Series A to power branded mobile connectivity
The Hague-based telecom platform plans to broaden carrier integrations and fund international growth.
Braid, an enterprise platform headquartered in The Hague, secured €34.13 million (about $38.0 million) in Series A funding led by Octopus Ventures on Oct. 29 [1]. Dutch corporate venture arm KPN Ventures participated in the investment [1].
Founded in 2023 by Jignesh Dave, Vishal Dave, and Mitesh Popat under the name Next Communications, the venture provides software enabling commercial brands to launch custom cellular services [1].
The team will allocate the fresh capital toward expanding into global territories, broadening relationships across mobile network operators, and reinforcing technical infrastructure, according to reporting by EU-Startups [1]. Addressing the company's product, Octopus Ventures partner Uthish Ranjan remarked that "the best infrastructure businesses make something complex feel effortless" [1].
Questions and answers
What does Braid do?
Braid builds software infrastructure allowing enterprises to sell custom-branded mobile connectivity directly to consumers.
Who participated in Braid's Series A round?
Octopus Ventures led the Series A investment, accompanied by participant backer KPN Ventures.
What was Braid's original company name?
Braid was established and formerly traded under the name Next Communications.
Companies & investors in this story
Sources
- 1.Profitable Dutch startup Braid raises €34.13 million to help brands launch their own mobile connectivity — EU-Startups, Oct 29, 2026