BREEGA

Our Marketing Director Céline ROGER just wrote about the correction coming next: "human-driven" becomes a certified claim, the way "organic" and "cruelty-free" did. The backpedaling has already started, companies that handed customer care to AI have started hiring the humans back. Gartner is already warning that agentic AI projects are getting scrapped over cost and unclear business value. 80% automated, 20% human. Automate the repetitive, invisible work nobody enjoyed anyway. Protect the 20% where a customer actually feels seen, because that's the part they remember no matter how good the models get. Because in the end, people love people 💚 Full piece below 👇 https://lnkd.in/eMfb5_it

Year Zero 🤖 Last Tuesday, we brought together some of our LPs to talk about what building actually looks like since AI landed in everyone's hands. On stage: Antoine Fort, CEO of Qobra, Alban de Préville, CEO of Dalma., and our partners Benjamin Deplus and Maximilien Bacot, who also hosted. Some of what came out of it: 🟢 At Qobra, an AI onboarding agent has cut set-up from several weeks to a single day, a 10x jump in velocity that's opening up segments the product couldn't reach before. 🟢 At Dalma., claims that used to take two days to process now clear in seconds, covering over two-thirds of daily volume, with a direct hit on both NPS and operating costs. 🟢 Across our portfolio, AI is turning new geographies and new products into near-zero marginal cost bets (Didomi's US launch being one example). The real split now is top line, new markets and products, versus bottom line, operational efficiency, and the trap is optimizing the bottom without ever touching the roadmap.

🦄 Proud to share that Moneybox has become Europe's newest unicorn! With a US$1.1 billion valuation, up 45% since 2024, off the back of three consecutive years of profit. Ten years of building got them here: 1.9 million customers now trust Moneybox with $31 billion in assets, and more than 200,000 save for their first home 🏡. Approaching its tenth anniversary since launch, Moneybox is preparing a secondary share sale for the team who've been with Moneybox from the early days, run through the London Stock Exchange's new PISCES framework. Massive congrats to Ben Stanway and Charlie Mortimer and the whole Moneybox team, this is HUGE!! 🚀 We're so proud to be backing you 💪💚

Some of our favourite moments from WMBLTECH 2026 🎾 More than 150 founders, investors, and friends from across the London tech ecosystem came together, with over 100 companies represented on the day. We even overheard someone call it "OUR BEST EDITION YET”. We'll take that 💪 A big thank you to everyone who joined us and helped make it such a great afternoon. And to our partners, Amazon Web Services (AWS) and Haynes and Boone, LLP, thank you for teaming up with us to make it happen 💚

✅ Proud to announce that UK insurtech Send has been acquired by Duck Creek Technologies, one of the world's leading P&C insurance software companies and the Intelligent Core of Insurance. When Andy, Ben and Matt founded Send, the commercial and specialty insurance market was underserved by technology. Underwriters were stitching together spreadsheets, siloed systems and manual processes to manage some of the world's most complex risks. 🟢 Send built the fix: an orchestration engine now trusted by some of the world's leading insurers and MGAs, with over £26bn in gross written premium flowing through it, and customers achieving 7x faster time to quote. Duck Creek Technologies chose Send for its market expertise, platform quality and depth of customer relationships. Together they're building the only complete agentic underwriting to core platform in the industry, and Andy Moss will continue to lead the Send team as the roadmap accelerates. 💡 BREEGA led Send's Series A in 2022 with participation from Mercia Asset Management PLC, and Palatine joined more recently. 🙌 Huge congrats to Andy Moss, Ben Huckel, Matt McGrillis and the entire Send team. Proud to have been part of the journey! 💚 A special shoutout to our Breega UK team, especially Daniel Shellard and Nour Alnuaimi, Ben Marrel, Matthieu Vallin, Jounghyun Shim, Inna Thalmann, PhD, Sixtine Raffelsbauer and to our co-investors William Chappel Chris Batterham and Darryl Catts. 🔗 Read more: https://lnkd.in/ehgrdwYb

We're proud to lead Bondio's $7.5M round alongside Kima Ventures and Motier Ventures. Telecom infrastructure hasn't kept pace with the way connectivity is bought, integrated, and managed today. After spending years on both the infrastructure and API side of the industry, Robinson Nouveau and Harshit Jain saw the same problem from different angles, and found themselves building a second company together, Bondio. Rather than building another connectivity brand, they went deeper into the infrastructure itself. Bondio is the behind-the-scenes plumbing that powers travel apps, fintech platforms, airlines, and any business that offers mobile data to its customers. Built from the ground up for the eSIM era, it delivers a working eSIM in under a second. "The eSIM revolution is creating millions of new potential customers for telco networks worldwide. What we're building is the bridge between telcos and that opportunity — a core network purpose-built for the eSIM era from day one." - Robinson Nouveau, CEO. Read more: https://lnkd.in/eGWzrK9w 👏 Deutsche Telekom, Founders Factory, Telefonica, Ascension, and Haatch.

Morocco won last night and the whole country is still on a high today ⚽🇲🇦 But while everyone's eyes are on the field right now, we've had ours on something else that's been happening in Morocco for a while: the startup ecosystem has been growing. Our Partner Driss Ibenmansour sat down with Inc. Arabia to talk about what hosting the World Cup actually means for Morocco's tech scene. As he puts it, the tournament doesn't define Morocco's trajectory, it just validates one that's already in motion. We're seeing it in fintech and payments, as international visitors flood in expecting seamless digital transactions. And in proptech, where 700,000 real estate transactions happen every year, yet 80% of listings are still offline (good thing we invested in Agenz to fix that 😉). He's also upfront about what's still missing: not enough early-stage capital, fintech regulation, and no real exit infrastructure yet. Four years out, and the world is already watching. So, what's getting built between now and then? 👉 Full read here: https://lnkd.in/eZS9gtgn

Backing exceptional teams means looking beyond today's metrics and having the conviction to support founders building for tomorrow's market. 💪🚀 PowerLabs Inc. is one of those, BREEGA invested at pre-seed before they had any product to show… because we believed the founders to be this 1% team as Partner Tosin Faniro-Dada puts it. Thank you to Team PowerLabs Inc. David Adebiyi and Tobechukwu Arize for a great conversation around building & fundraising in Africa and more specifically in Nigeria.

Huge milestone for Alice & Bob and for the quantum space! Congrats to the whole team! 💚🐈⬛

A few pictures from another amazing edition of South Summit! 🇪🇸 Our CEO, Ben Marrel, led a conversation alongside Sébastien Lefebvre from Elaia, Juan José Güemes from IE University, and Luis Garay from Samaipata, on how AI is rewriting the startup playbook. - Experimenting is cheaper than ever, so the real challenge now is having the discipline to know which experiments are actually worth running. - With code no longer a defensible advantage, the conversation kept returning to what actually is: speed, proprietary data, and distribution. - Founders keep asking whether the big AI players will eat every opportunity, but a market that's huge for a startup is often far too small to interest a trillion-dollar company (Hello Anthropic 👋) - And the question nobody could fully answer: if the industry stops hiring junior engineers, where do the next senior engineers come from? A big thank you to the South Summit team, and especially to Liz Fleming, Maria Camila Morales, Andrea Beleván, and Emma Maggio for making it all happen! Looking forward to the next edition 🚀