The round was backed by US-based VC firm Green Flag Ventures.

The $400,000 funding round for Black Forest Systems was supported by Swedish investors Front Ventures and Hede Capital Partners.

Axon, SmartCap, Radix, Anker, Resist UA, Final Frontier, and Darkstar supported the round.

The pre-seed round led by Outlast Fund with the participation of UCP and Vento Ventures.

The Series A round was co-led by Mercaton and ScaleWolf, with participation from SmartCap Green Fund and existing investors.

With fresh capital, Leil will accelerate go-to-market efforts, expand its product roadmap, and grow its commercial team.

The funding round was led by Lighthouse Ventures and Gi21, with participation from BADideas.fund.

The investors in the funding round are Giga AS, Taavi Madiberk, and Marko Virkebau.