French VC firm Breega launches €150M fund targeting UK startups: Know more

▤ Summary

Paris-based Breega, a venture capital firm built by founders to propel startups to global success, announced through a LinkedIn post the launch of a new Europe Seed III fund at €150M to back early-stage innovators and tech entrepreneurs to fuel Europe’s most promising startups. “Given tight market conditions and a global 50 per cent drop in VC funds funding, we couldn’t be more proud of this achievement and confident in our unique full-stack funding model,” says Breega. According to Sifted, Breega has closed just over €75M as of now and will invest in UK-based startups. This initiative marks Breega’s third early-stage investment fund since its inception in 2015, complementing its €250M later-stage fund for Series A and B investments.

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