Superangel Supports Labrys in USD 20 Million Series A
Deal News | Jun 12, 2025 | CEE Legal Matters
Ellex, a legal advisory firm, has guided the venture capital fund Superangel during its involvement in a USD 20 million Series A funding round for Labrys, a UK-based technology company. The fundraising was led by Plural and saw contributions from AlbionVC, Project A, Expeditions Fund, and MD One Ventures. This capital infusion is set to expedite the growth of Axiom, Labrys' platform for managing and compensating globally dispersed teams. The advisory team from Ellex included Partner Antti Perli and Counsel Rutt Vark. However, the firm did not provide additional remarks regarding the investment.
Sectors
- Venture Capital
- Technology
- Legal Advisory
Geography
- United Kingdom – Labrys, the technology company receiving the funding, is based in the UK.
Industry
- Venture Capital – The article focuses on a Series A funding round for Labrys involving multiple venture capital firms including Superangel.
- Technology – Labrys is a technology company developing Axiom, a platform to aid the management of distributed teams, indicating its role within the tech industry.
- Legal Advisory – The involvement of Ellex, a legal advisory firm, in guiding the funding process highlights the article's intersection with legal advisory services.
Financials
- USD 20 Million – The total amount raised in Labrys' Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Superangel | Venture Capital Investor | Company | A venture capital fund involved in the investment round for Labrys. |
| Labrys | Target Company | Company | A UK-based technology company developing the Axiom platform. |
| Plural | Lead Investor | Company | The lead investor in the Series A funding round for Labrys. |
| AlbionVC | Venture Capital Investor | Company | A venture capital firm participating in the funding round. |
| Project A | Existing Investor | Company | An existing investor in Labrys participating in the funding round. |
| Expeditions Fund | Existing Investor | Company | An existing investor contributing to the Series A round. |
| MD One Ventures | Existing Investor | Company | Another existing investor in Labrys involved in the funding. |
| Ellex | Legal Advisor | Company | A legal advisory firm providing counsel to Superangel for the transaction. |
| Antti Perli | Partner at Ellex | Person | Partner at Ellex involved in the advisory process. |
| Rutt Vark | Counsel at Ellex | Person | Counsel at Ellex involved in the advisory process. |