{
  "id": 17023408,
  "title": "Profitable Dutch startup Braid raises €34.13 million to help brands launch their own mobile connectivity",
  "url": "https://urgent.news/2026/10/29/profitable-dutch-startup-braid-raises-34-13-million-to-help-brands",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-29T06:14:26.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/10/profitable-dutch-startup-braid-raises-e34-12-to-help-brands-launch-their-own-mobile-connectivity/"
  },
  "original_language": "en",
  "account": "Dutch startup Braid has raised €34.13 million ($38 million) in a Series A funding round to empower brands with their own mobile connectivity. The company, founded in 2023 by Jignesh Dave, Vishal Dave, and Mitesh Popat, rebranded from Next Communications. The investment round was led by London-based Octopus Ventures and KPN Ventures, the strategic investment arm of Dutch telecom operator KPN.\n\nBraid's innovative approach simplifies the process of embedding connectivity into products for enterprises. By offering a single API that connects to over 600 carrier networks across 200 countries, the company enables businesses to launch branded mobile connectivity storefronts without the need to become telecom operators themselves. This streamlined process reduces negotiations, regulatory filings, and procurement time from months to minutes, allowing live trials to be operational in just three minutes and brand-led launches within a week.\n\nWith a focus on profitability and cash flow, Braid has already served over 90 enterprise customers, including major global FinTech and travel brands. The company's co-founder and CEO, Jignesh Dave, who previously built and ran a mobile virtual network operator (MVNO) for seven years, emphasizes that Braid's mission is to provide the infrastructure that makes connectivity accessible to everyone. By allowing brands to embed connectivity into their products, Braid helps create stronger customer relationships, increased loyalty, and new revenue streams.",
  "summary": "Braid, a Dutch company that enables enterprises to launch their own branded mobile connectivity, has raised €34.13 million ($38 million) in a Series A funding round. The company also announced its rebrand from Next Communications. The raise marks the company’s first external capital since it was founded in 2023 and was led by London-based Octopus […] The post Profitable Dutch startup Braid raises…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}