HomeFranceBreega Launches PreSeed/Seed Fund

Breega Launches PreSeed/Seed Fund

Breega

Breega, a Paris, France-based early stage venture capital firm, announced the launch of a PreSeed/Seed fund of at least €150m to support the top European startups and expansion of its operations in the UK.

A year after the close of its “Venture II” fund of €250m dedicated to Series A and B funding rounds, Europe Seed III will continue funding and supporting Europe’s most promising early-stage startups, following in the footsteps of “Seed I” (2015) and “Seed II” (2019).

Europe Seed III fund is set to accelerate investments in approximately thirty tech startups that pioneer disruptive innovations, exemplified by companies like Exotec (robotics), Alice&Bob (quantum tech), Didomi (regtech), Stations-e (green mobility), Crowdsec (cybersecurity), and Qobra (software).

Approximately one-third of the Europe Seed III fund will be allocated to investments in the UK. Breega has had a presence in London for over five years, with notable stakes in companies such as Moneybox (fintech) and Curve (payment). A team of seven has been assembled to support these startups, led by Daniel Shellard, who was appointed UK Partner in 2023.

Beyond financial support, Breega will provide hands-on operational guidance to each of its new investments, backed by its “Scaling Squad” – a team of experts in specific business verticals (Human Resources, Brand & Communication, Growth Marketing, Strategies & Sales, etc.).

Co-founded by Ben Marrel, Maximilien Bacot, and François Paulus, Breega now manages five funds ranging from pre-seed to Series B.

VCWire

19/10/2023