Breega is an international venture capital firm with over €600m in assets under management that invests in pioneering and purpose-driven founders from pre-seed to Series A and beyond.
The seed round was co-led by LocalGlobe and Breega.
"We are enabling the creation of more perfect crystals in orbit that unlock drug formulations simply not achievable on Earth–a paradigm shift for cancer therapies and the pharmaceutical industry at large"
The funding follows regulatory approval for the Banking as a Service platform to exit mobilisation.
"This pivotal moment is only possible because of the support of our investors, the guidance from our regulators and the commitment of our people. A big thank you to all our existing investors and a warm welcome to all our new investors. We look forward to working with all our investors in this exciting new chapter for Griffin"
Breega and Mercia backed the InsurTech firm to accelerate growth in the UK and US markets.
"Send has the most advanced underwriting workbench on the market and a proven track record of improving underwriting processes. The funding will enable us to build on our first-mover advantage, scale up the business and establish Send as the market-leading underwriting software platform."
The digital wealth manager has raised £35m from a syndicate led by Fidelity International Strategic Ventures to expand its product range.
"Our mission is to help people build wealth with confidence so they can enjoy life today and tomorrow. This new round of investment enables us to create even better services to help our customers succeed across their home-buying, retirement, savings and investing missions. By continuing to focus on the large and under-served mass market we believe we are on a path to create the UK’s category-defining wealth platform. We celebrate this moment with deep gratitude for our amazing team, our loyal customers, and our supportive investors."
The funding round was led by Breega with participation from Element Ventures and various angel investors.
"Having developed a market leading solution for legal and property without the need for institutional money, we felt that the size of the opportunity to expand into new sectors warranted an influx of capital. In Breega and Element we’ve got passionate, smart and supportive funders who we’re so excited to welcome aboard for the next phase of the journey."