Breed Reply is an investor focussed on the Internet of Things technologies investing across Europe. We provide funding for talented teams with strong IoT products that satisfy genuine market needs. We have a unique approach delivering not only funding, but also a bespoke set of operational support services for twelve months to help rapidly grow and scale our portfolio.
Cageeye has developed a world-leading AgTech technology for the fish farming industry based on hydroacoustics to observe and measure the behaviour of the fish in the cages and improve feeding processes. CageEye’s easy-to-install solution delivers automated, appetite-controlled feeding that can substantially reduce feed waste - a significant cost for producers.
Breed Reply, a leading active operational investor in early-stage Internet of Things (IoT) businesses, has today announced two new investments,
CageEye and ubirch. The companies have secured a total of €5.8 million in funding, including this investment round, since they were launched.
ubirch has developed a blockchain-based sensor protocol to reduce IoT security risks and create a trusted solution that is hardware agnostic and enables a wide range of IoT applications for infrastructures, buildings, machines, and devices with clients in the insurance, telecoms and manufacturing industries.
WHAT ARE YOUR OBJECTIVES? We want to select the smartest teams working on IoT enabled businesses, helping them grow with intensive support for the first twelve months.
HOW DO YOU SELECT COMPANIES TO INVEST IN? We pay special attention to the quality of the team, the size and growth of the target market.
WE CURRENTLY HAVE 22 COMPANIES ACROSS EUROPE AND THE US IN THE FOLLOWING IOT SECTORS:Health & Well-beingPlatforms Smart Building & CitiesSecurity Industrial IoTDiscover our portfolio companies