Funding

[Funding alert] European VC Firm Breega Launches €150M Fund named “Europe Seed III”

Oct 18, 2023 | By Startup Rise EU

European VC Firm Breega launches €150M fund named "Europe Seed III" with a commitment of at least €150 million. Recent year after the close of its "Venture II" fund of €250 million dedicated to Series A and B funding rounds.

European VC Firm Breega launches €150M fund named "Europe Seed III" with a commitment of at least €150 million. Recent year after the close of its "Venture II" fund of €250 million dedicated to Series A and B funding rounds.

With the same goal as "Seed I" (2015) and "Seed II" (2019), Europe Seed III continues to fund and support Europe's most promising early-stage entrepreneurs.

Read also - French SaaS Firm, Scnd” Raises €4 million in Funding

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Breega has tenfolded the amount of its assets in just eight years after successfully closing its first fund in 2015 and managing five funds ranging from pre-seed to Series B.

Read also - Finnish AI Governance Startup Saidot Raises €1.75M Seed Round Funding

Breega plans to accelerate its investments in approximately thirty tech businesses through the Europe Seed III fund. Exotec (robotics), Alice&Bob (quantum technology), Didomi (regtech), Stations-e (green mobility), Crowdsec (cybersecurity), and Qobra (software) are just a few of the disruptive firms Breega has previously funded in.

Read also - German Climatetech Startup Purpose Green Raises €3.3 million in Funding

In addition to financial help, Breega will offer the help of its "Scaling Squad"—a group of specialists in specific business sectors like HR, sales, and marketing.

Read also - Ukraine-based Product Development Company Trinetix Raises $10 million in Funding

The company claims that this helps clarify why, compared to an industry average of 35%, 70% of Breega-backed startups succeed in advancing past the Seed stage.

About Breega

Innovative and mission-driven founders are pushed by Breega from idea to effect. In 2015, they completed our first fund; today, they have €500 million in AUM and 70 revolutionary portfolio firms.

Read also - Hungary-based Startup Flawless Secures $2.2 Mn in Seed Funding

Breega was created by founders for founders with the goal to give startups the support they wished they had. And they have put together a carefully thought-out investment proposal.

Read also - London-based AI Startup TitanML Secures $2.8 Mn Pre-Seed Funding

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