It only closed its first fund in 2015, but it started attracting attention with its second fund just under a year later. Moneybox and Cuvva are two of the scale-ups included in it's portfolio. It may be part of its secret sauce that it has been able to put together an in house team of experts in growth, talent, and comms.
The person seems to be hitting all the right numbers. It has closed a 250 million venture fund that will allow it to go for Series A stage and beyond. The Barcelona office is headed up by partner and recently nominated head of European venture, Isabelle Gallo. At least 20 companies will be financed with the new fund. More than 70 companies have been backed by Breega.
Bpifrance, Amundi, LCL, Isomer Capital, and a number of European entrepreneurs are just some of the investors that Breega has.
The assets of the new fund have doubled. There are four fundraises in seven years.
The new fund will be focused on insurtech companies.
Breega’s new fund has also now backed Keebo (fintech), UKIO (proptech) and Mila (insurtech).
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