Superangel participated in the $20 million investment round into tech company Labrys

Ellex in Estonia advised venture capital fund Superangel on its participation in the $20 million Series A funding round for the UK-based technology company Labrys.  

The round was led by Plural, with additional participation from AlbionVC, as well as existing investors Project A, Expeditions Fund, and MD One Ventures. 

The investment will accelerate the development of Axiom, Labrys’ platform designed to help organizations verify, manage, and pay globally distributed teams. The founding team, with backgrounds in British Defence, Cyber, and National Security, is now building tools that address complex workforce coordination challenges across sectors such as logistics, risk management, and humanitarian response. 

Superangel was advised by Partner Antti Perli and Counsel Rutt Värk.