Breye Therapeutics raises €67.5m Series A for oral retinal therapies
Mission BioCapital and Novo Holdings co-led the financing to advance danegaptide and Breye’s retinal disease pipeline.
Breye Therapeutics announced a €67.5 million Series A on 29 September 2026, co-led by Mission BioCapital and Novo Holdings. Sound Bioventures, the Ljungström family office, Innovestor Life Science, EIFO, Catalyze Capital, Modi Ventures and Pappas Capital also participated.
The Danish company will use the funds to take danegaptide into a randomized Phase 2 study in non-proliferative diabetic retinopathy, planned for 2027. The financing also supports its broader pipeline of oral treatments for retinal diseases.
Use of funds
Advance danegaptide to randomized Phase 2
Develop retinal disease pipeline