Today we're announcing our Series A. $24M, led by a fund we'll name in the official press release, with participation from several operators and angels who've built consumer hardware and mobility networks at scale.
The round closes 18 months of capital efficiency. We bootstrapped year zero, raised a $4.2M seed in mid-2025, and got the EU pilot to 18,420 stations on roughly half a million dollars of net capital burn after revenue. We are not the cheapest way to scale a network. We are the most disciplined.
What the money is for: doubling EU station count by end of year, MENA pilot in Q4, expanding the partner financing program so capex doesn't sit on our balance sheet, hiring field ops in five new cities, and investing in the OTA firmware stack so we can ship hardware features instead of waiting for the next product cycle.
What it isn't for: marketing spend. We have not bought a single performance ad. Our growth is venue acquisition + partner-driven density. We intend to keep it that way.
Thank you to every venue, partner, user and supporter who got us here. The grid is live.
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