Braid raises $38 million Series A led by Octopus Ventures, with KPN Ventures participation

• Braid raised $38 million in Series A funding led by Octopus Ventures, with participation from KPN Ventures, announced October 29, 2026.
• The platform enables enterprises to embed branded mobile connectivity into their products, serving nearly 90 enterprise customers.
• Launched in 2023, Braid had not previously raised external capital; it is profitable and cash-flow positive.
• Proceeds will fund international expansion, deepen its carrier network and develop infrastructure to increase its embedded connectivity market share.

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