# Breye Therapeutics funding: rounds and investors

> Breye Therapeutics has raised $81M across 2 rounds since 2022. Investors include Novo Holdings, BioInnovation Institute and The Danish Growth Fund.

Source: https://millionrounds.com/company/breye-therapeutics (Millionrounds; every figure on the page links to its filing or article)

Denmark · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Breye Therapeutics*

2 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Pharma

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$81M** raised across 2 rounds since 2022, from 5 sources

**$4.1M** Seed **$77M** Series A

- **Latest round:** Series A, $77M Sept 2026
- **Step-up i:** 18.7×
- **Investors:** 14

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024 2025 2026

**$4.1M** Seed

**$77M** Series A

- **First round:** Seed, $4.1M
- **Biggest round:** $77M
- **Between rounds:** 3.8 years

## The rounds

- **Sept 2026** Series A **$77M** *10 new* *2 returning* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [BioInnovation Institute](https://millionrounds.com/fund/bioinnovation-institute) [Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) [Innovestor](https://millionrounds.com/fund/innovestor) [Mission BioCapital](https://millionrounds.com/fund/mission-biocapital) [Pappas Capital](https://millionrounds.com/fund/pappas-capital) [EIFO (Denmark)](https://millionrounds.com/fund/eifo) [Modi Ventures](https://millionrounds.com/fund/modi-ventures) [Sound Bioventures](https://millionrounds.com/fund/sound-bioventures) [Catalyze Capital](https://millionrounds.com/fund/catalyze-capital) [Innovestor Life Science](https://millionrounds.com/fund/innovestor-life-science) [Ljungström family office](https://millionrounds.com/fund/ljungstrom-family-office) Reported by Sound Bioventures and 3 others
- **Nov 2022** Seed **$4.1M** *4 new* [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) [BioInnovation Institute](https://millionrounds.com/fund/bioinnovation-institute) [Innovation Fund Denmark](https://millionrounds.com/fund/innovation-fund-denmark) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2022 **Series A** 2026 [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [BioInnovation Institute](https://millionrounds.com/fund/bioinnovation-institute) [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) [Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) [Innovestor](https://millionrounds.com/fund/innovestor) [Mission BioCapital](https://millionrounds.com/fund/mission-biocapital) [Innovation Fund Denmark](https://millionrounds.com/fund/innovation-fund-denmark) [Pappas Capital](https://millionrounds.com/fund/pappas-capital) [EIFO (Denmark)](https://millionrounds.com/fund/eifo) [Modi Ventures](https://millionrounds.com/fund/modi-ventures)

## Everyone who backed them

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **2** rounds

[BioInnovation Institute](https://millionrounds.com/fund/bioinnovation-institute) VC firm **2** rounds

[The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) VC firm **1** round

[Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) VC firm **1** round

[Innovestor](https://millionrounds.com/fund/innovestor) Angel network **1** round

[Mission BioCapital](https://millionrounds.com/fund/mission-biocapital) VC firm **1** round

[Innovation Fund Denmark](https://millionrounds.com/fund/innovation-fund-denmark) VC firm **1** round

[Pappas Capital](https://millionrounds.com/fund/pappas-capital) VC firm **1** round

[EIFO (Denmark)](https://millionrounds.com/fund/eifo) Government **1** round

[Modi Ventures](https://millionrounds.com/fund/modi-ventures) VC firm **1** round

[Sound Bioventures](https://millionrounds.com/fund/sound-bioventures) VC firm **1** round

[Catalyze Capital](https://millionrounds.com/fund/catalyze-capital) Growth equity **1** round

[Innovestor Life Science](https://millionrounds.com/fund/innovestor-life-science) VC firm **1** round

[Ljungström family office](https://millionrounds.com/fund/ljungstrom-family-office) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=breye-therapeutics).

## Quick answers about Breye Therapeutics

### Who invested in Breye Therapeutics?

Breye Therapeutics's investors include Novo Holdings, BioInnovation Institute, The Danish Growth Fund, Export and Investment Fund and Innovestor, and 9 more on record.

### How much has Breye Therapeutics raised?

Breye Therapeutics has raised $81M across 2 rounds since 2022.

### When did Breye Therapeutics last raise?

Breye Therapeutics's most recent round was a Series A of $77M in Sept 2026.

### What was Breye Therapeutics's biggest round?

Its most recent round, $77M in Sept 2026, is also its largest on record.

### Who backed Breye Therapeutics first?

Breye Therapeutics's first round on record, in Nov 2022, was backed by Novo Holdings, The Danish Growth Fund and BioInnovation Institute and 1 others.

### What stage is Breye Therapeutics at?

Breye Therapeutics's latest named round is a Series A, in Sept 2026.

### Where is Breye Therapeutics based?

Breye Therapeutics is based in Denmark.

## Companies like Breye Therapeutics

In the same sector, and raised in the last eighteen months.

[**Zealand Pharma** $100M · Aug 2026](https://millionrounds.com/company/zealand-pharma)[**ADCendo** $210M · Apr 2026](https://millionrounds.com/company/adcendo)[**Muna Therapeutics** $1.0M · Jan 2026](https://millionrounds.com/company/muna-therapeutics)[**BOOST Pharma** $3.6M · Nov 2025](https://millionrounds.com/company/boost-pharma)[**ExpreS2ion** $1.3M · Oct 2025](https://millionrounds.com/company/expres2ion)[**Aribio** Oct 2026](https://millionrounds.com/company/aribio)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
