Octopus Ventures leads $38 million investment in enterprise connectivity firm Braid
New Delhi: London-based venture capital firm Octopus Ventures, along with KPN Ventures, has invested $38 million (around ₹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.
