SAALG Geomechanics — Series A (estimated) · €3.65M incl. grant: equity and a grant, the grant part was not sized

SAALG Geomechanics, developer of the Daarwin machine-learning platform that predicts ground behaviour during civil engineering and tunnelling works, raised €3.65M in a blended equity-and-grant round led by ACCIONA alongside the European Commission's EIC Accelerator. The company said this was the first phase of the EIC co-investment and that it expects to extend the round towards €5M.