The round was led by Air Street Capital, with participation from Cherry Ventures, and OTB Ventures.
The funding round was led by Swedish VC firm Front Ventures.
Zeely has won The Pitch by Deel & J.P. Morgan competition in Paris
The program includes a €140 million EU guarantee provided by the European Commission and €21 million in EU investment grants.
The fresh round was backed by N1 Investment Company, which joined as a strategic partner.
The investment was made via Horizon Capital Growth Fund IV, which typically writes $10–40 million.
Each company will receive grants ranging from €300,000 to €500,000, with access to the EIC Accelerator.
The round was led by Axon Enterprise, with participation from Munkene AS.