Funding news · Sep 17, 2026
Nearby Computing Raises €680K Series C+ from SETT
Nearby Computing Raises €680K Series C+ from SETT
Nearby Computing, a Barcelona-based deeptech company, has raised €680,000 in Series C+ funding. The round was backed by Sociedad Española para la Transformación Tecnológica (SETT). The funding date is September 17, 2026.
What Nearby Computing Does
Nearby Computing was spun out of the Barcelona Supercomputing Center. The company orchestrates and automates distributed cloud-to-edge environments across networks, infrastructure, applications, and AI.
Its vendor-agnostic platform, NearbyOne, provisions, updates, and maintains workloads from a single control plane across any hardware vendor, cloud provider, or network. The platform keeps critical workloads running locally when connectivity or the central cloud fails.
Who Uses the Platform
Telecom operators use Nearby Computing to orchestrate 5G Core and RAN infrastructure as one fleet. Retailers, energy firms, and other enterprises deploy AI applications and manage distributed assets at scale using the same platform.
Funding Details
- Round type: Series C+
- Amount raised: €680,000
- Currency: EUR
- Funding date: September 17, 2026
- Investor: Sociedad Española para la Transformación Tecnológica (SETT)
- Lead investor: Not disclosed
Why This Matters for the Edge Computing Market
Nearby Computing operates in the distributed cloud-to-edge orchestration space, a segment that sits at the intersection of telecom infrastructure, enterprise AI deployment, and multi-cloud management. The company's vendor-agnostic approach is a differentiator: rather than locking customers into a single hardware or cloud provider, NearbyOne is designed to work across any hardware vendor, cloud provider, or network.
That positioning matters for telecom operators managing 5G Core and RAN infrastructure, who often need to coordinate equipment and software from multiple suppliers. It also matters for enterprises in retail and energy that are deploying AI applications across distributed sites and need a single control plane to manage those workloads.
The ability to keep critical workloads running locally when connectivity or the central cloud fails is another core capability. For operators and enterprises running latency-sensitive or mission-critical applications at the edge, local resilience is often a requirement rather than a nice-to-have.
About the Investor
Sociedad Española para la Transformación Tecnológica (SETT) is the investor in this Series C+ round. No lead investor was disclosed.
Summary
Nearby Computing has raised €680,000 in Series C+ funding from SETT, dated September 17, 2026. The Barcelona-based deeptech company, spun out of the Barcelona Supercomputing Center, provides a vendor-agnostic platform for orchestrating and automating distributed cloud-to-edge environments. Its NearbyOne platform serves telecom operators orchestrating 5G Core and RAN infrastructure, as well as retailers, energy firms, and other enterprises deploying AI applications and managing distributed assets at scale.