Subgen AI unit Substrate AI receives EUR 3.95 million investor contribution

• Subgen AI’s Spanish subsidiary Substrate AI received a third investor contribution of EUR 3.95 million under a June 29, 2026 commitment.
• SETT provided EUR 1.95 million; Loft Structured Opportunities Fund I provided EUR 1 million; 8 International provided EUR 1 million.
• Funding takes the form of convertible bonds due to convert into Substrate AI shares within three years under the contract terms.
• Contract allows up to EUR 39.2 million of subscriptions; Substrate AI has received about EUR 11.75 million to date.

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