Equity financing | Food manufacturing software
BRAINR secured an additional €1.5m investment from Portugal Ventures to extend its seed funding.
The transaction
The founder’s public statement confirms the incremental investment. The extension is distinct from the earlier €11m seed round.
The company develops food-manufacturing software covering execution, traceability and planning. Its reported €1.3bn of annual production supported measures customer activity, not BRAINR revenue.
Evidence behind the record
Facts are attributed to the public sources above. The Portus view is our interpretation.
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