Substrate AI — Post-IPO · $2.2M

Through its US subsidiary, Substrate AI closed a $2,222,222 long-term financing with the US family office Ascent Partners. It carries a 10% coupon and a conversion option into equity, and can be expanded by another $2.2M. The money is for company acquisitions and its AI Factories project in Talavera de la Reina. On 16 January 2026 the company reported drawing about $1.1M (just under €1M) of this facility as two-year convertible notes to grow Substrate Cloud.

LeadAscent Partners RoundPost-IPO Announced27 Sep 2025Not counted in totals CityMadrid SectorArtificial IntelligenceSource S

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