Four Series A rounds, four different leads
Four Series A rounds.
Four different leads.
Four rounds labelled Series A, reported between 13 October and 2 November 2026. Each has a different named lead. Amounts are as reported, in mixed currencies.
- Epyr, France: €15M led by SlateVC, with existing investors AENU and daphni and with WEPA Ventures, OVNI Capital and Aurum Impact, reported by tech.eu on 13 October. Epyr stores industrial heat: electricity heats firebricks, and the heat is sold as a service. Its first installation, at WEPA's paper mill in Troyes, supplies up to 25% of the site's steam needs. The money goes into the next industrial projects, starting with a 35 MWh unit at Papeco's site in Orval-sur-Sienne.
- duvo.ai: $32M led by Balderton Capital, with existing investors Index Ventures, Northzone and Credo Ventures, reported by tech.eu on 14 October. duvo.ai sells enterprise software that brings a company's processes onto one platform so that workflows can be automated with shared connections, approval rules and monitoring. The article does not state its headquarters and gives total funding as $48M. The money goes into expansion, first with retailers and consumer-goods companies, mostly into sales, marketing and partnerships.
- Braid, The Hague: €34.13M led by Octopus Ventures, with KPN Ventures, reported by EU-Startups on 29 October. Braid, formerly Next Communications, offers one API to more than 600 carrier networks in over 200 countries so that businesses can embed SIM and eSIM service. The article calls this its first external capital since the company was founded in 2023, and the company says it is profitable and cash-flow positive. The money goes into international expansion, more carrier networks and infrastructure.
- LO:TECH, London: $12M led by MMC Ventures, with existing investors Faction and 13books Capital and with Atka, whose role the article does not state, reported by tech.eu on 2 November. LO:TECH describes itself as a capital markets firm for the onchain world, with trading infrastructure across traditional finance, digital assets and prediction markets and liquidity and execution services for institutional clients. The money goes into US and Asia-Pacific expansion, with a planned presence in New York and Singapore, more execution services for institutional clients, and regulatory authorisations.
Braid is the only round whose source calls it the company's first external capital. For the other three, the sources name existing investors taking part.