CAPITAL FLOWS BETA

CURATED COVERAGE · NOT A MARKET CENSUS

Public capital in venture rounds

Find announcements with recorded public participation, then examine the institution, role and original evidence.

Public participation can take different forms. A named public institution, a grant and an equity investment are not interchangeable. Start with the recorded role, then read the source for the particular announcement.

These cases are selected only where the published record explicitly marks public participation. An unchecked or unreviewed record is not evidence that public money is absent. We do not estimate a public share of the round total.

A question to take into each deal

Which institution is named, what role is recorded, and what does the source actually establish?

View the deal log →

16 published announcements in our coverage

Source checked 2026-10-23T15:06:37.958Z. Includes only currently published records with matching structured fields. Missing classifications are not inferred.

Netherlands · 2026-10-21

Photon Bridge B.V.

€10M

Other · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

France · 2026-10-21

Pigment

US$250M

Growth · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Switzerland · 2026-10-19

Nouscom AG

€120M

Series D · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Germany · 2026-10-15

Rabot Energy

€50M

Series B · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

United Kingdom · 2026-10-15

OMass Therapeutics

US$310M

Series C · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

United Kingdom · 2026-10-14

Salience Labs

US$125M

Series B · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

United Kingdom · 2026-10-08

TrueLayer

US$27M

Other · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

France · 2026-10-06

Wiremind

€35M

Growth · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Spain · 2026-09-23

Anaconda Biomed

US$56M

Other · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Belgium · 2026-09-17

TUSK IC

€15M

Series A · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Italy · 2026-09-15

Exein

US$270M

Other · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Netherlands · 2026-09-15

EUCLYD

€200M

Series A · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Sweden · 2026-09-14

Tandem Health

US$100M

Series B · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

United Kingdom · 2026-09-14

Open Cosmos

€300M

Series C · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

France · 2026-09-08

Mistral AI SAS

€3bn

Series D · announced transaction total

Recorded public participation. Explore the role and round-specific sources.

Source ↗

Read the method and limitations →