Breed Reply

Breed Reply is a corporate venture capital firm specializing in early-stage investments in the Internet of Things (IoT) sector. Based in London, with operational offices in Germany and Italy, Breed Reply supports entrepreneurs and young talent by quickly bringing new ideas to the market. This is achieved through three fundamental services: funding at early-stage levels, active operational involvement with significant know-how transfer of business, managerial, and technological expertise, and go-to-market support through the extensive Reply network.

Breed Reply's focus is on the Internet of Things across all markets, with their current portfolio in Health, Fitness & Wellness, Smart Building & Cities, Security, Industrial IoT, Big Data, Platforms, and Drones. They invest in companies across Europe and the USA, helping them to develop and implement innovative solutions in the Digital Services, Technology, and Consulting fields. Breed Reply is committed to creating positive social and economic impact through their investments and initiatives. Their goal is to help companies grow and succeed in the ever-evolving digital economy by providing strategic guidance, mentorship, and resources to entrepreneurs, helping them to make their ideas come to life.

Breed Reply has concluded its decade-long chapter of active investment in the startup ecosystem, announcing a strategic pivot to focus exclusively on nurturing its existing portfolio companies. Throughout its impressive tenure, the venture capital firm established itself as a significant player in the European innovation landscape, providing not just funding but also strategic guidance and industry connections to early-stage technology ventures. The firm's investment approach typically targeted IoT, AI, and digital transformation startups, helping them scale operations and expand market reach. Over its investment lifecycle, Breed Reply built a diverse portfolio comprising 25 promising startups across multiple European markets, including the UK, Germany, Italy, and France. Their investment thesis primarily centered on connected hardware, platform solutions, and data-driven technologies with strong commercial potential. The firm distinguished itself through its hands-on approach, leveraging the industrial expertise and market access of its parent company, Reply Group, to provide portfolio companies with technical support, corporate partnerships, and go-to-market strategies beyond mere financial backing. The venture arm's legacy includes several notable success stories in sectors ranging from smart home technologies to industrial IoT applications and health tech innovations. Throughout its active investment period, Breed Reply typically engaged at seed and Series A stages, with initial investments ranging from €100,000 to €1 million, often participating in follow-on rounds for promising portfolio companies. Their investment committee evaluated thousands of pitches annually, maintaining a highly selective approach that focused on technical differentiation, scalable business models, and strong founding teams with domain expertise. While Breed Reply's direct investment activities are concluding and their online presence will soon be discontinued, their parent company Reply continues to maintain a strong position in the technology consulting and systems integration market. The venture arm's transition marks a natural evolution in its lifecycle, with resources now concentrated on maximizing the success of existing investments rather than seeking new opportunities. This strategic realignment reflects a thoughtful portfolio management approach common among venture firms after completing their initial investment cycles, ensuring continued support for the entrepreneurs they've backed throughout their growth journeys.