The fresh capital came from private investors, including ROI Ventures, as well as public funding programs, international customers, and aerospace partners.

The funding round saw backing from lead investors Alex Zubillaga and Orilla, alongside Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest.

The Series B extension round saw support from Future Energy Ventures, Zouk Capital, EnBW New Ventures, Banpu NEXT, PUSH VC, and 360 Capital.

Ketryx's $39 million Series B funding round was led by Transformation Capital, with participation from Lightspeed Venture Partners and 53 Stations

TACEO's $5.5 million raise was backed by Archetype, a16z, and Polymorphic Capital.

The company saw support from Venture Stars, YZR Capital, and D11Z. Ventures GmbH & Co. KG.

Austria-based firm Hololight has secured €10 million led by Cipio Partners.

Linz-based startup Blockpit has secured a multimillion-dollar investment from Elevator Ventures for its crypto tax compliance software.