NOAH18 London Investor Book

2
Table of Contents
Program 7
Venture Capital 10
Growth 126
Buyout 150
Debt 165

Project A 92
PropTech1 Ventures 93
ProSiebenSat.1 Accelerator 94
QD Ventures 95
Redalpine 96
Redline Capital 97
Red-stars.com data AG 98
Redstone 99
RTA Ventures 100
RTP Global 101
Samos Investments 102
Schibsted Growth 103
Seventure Partners 104
SevenVentures 105
SmartFin 106
SpeedInvest 107
SpeedUp Venture Capital
Group 108
STIHL Digital 109
STS Ventures 110
Swisscom Ventures 111
TA Ventures 112
Talis Capital 113
Target Partners 114
Tengelmann Ventures 115
Tiburon 116
Unternehmertum Venture
Capital Partners 117
Vealerian Capital Partners 118
Ventech 119
Via ID 120
Vito Ventures 121
Vorwerk Ventures 122
W Ventures 123
Wecken & Cie. 124
WestTech Ventures 125
Xange 126
3
Table of Contents
Venture Capital
3TS Capital Partners 11
83North 12
ACT Ventures 13
Acton Capital Partners 14
Astutia Ventures 15
Atlantic Labs 16
Aventures 17
Axa Venture Partners 18
b10 19
BackBone Ventures 20
Balderton Capital 21
BCG Digital Ventures 22
Beringea 23
Berlin Technologie Holding 24
Bessemer Venture Partners 25
BFB Brandenburg Kapital 26
BMW iVentures 27
Boerse Stuttgart Digital
Ventures 28
btov Partners 29
Buildit Invest 30
Caixa Capital Risc 31
Caphorn Invest 32
Capital300 33
Capnamic Ventures 34
Check24 Ventures 35
Cherry Ventures 36
Citi Ventures 37
CommerzVentures 38
Concentric 39
Constantia New Business 40
Coparion 41
Creandum 42
Creathor Ventures 43
Curious Capital 44
DB1 Ventures 45
Deutsche Telekom Capital
Partners 46
DN Capital 47
Draper Esprit 48
Earlybird 49
ECONA 50
Eight Roads 51
Endeit Capital 52
FJ Labs 53
Fluxunit - OSRAM Ventures 54
Frog Capital 55
General Catalyst 56
German Media Pool 57
German Startups Group 58
Global Founders Capital 59
Global Ventures 60
GPS Ventures 61
GR Capital 62
Griffon Capital 63
Hammer Team 64
Hearst Ventures 65
High-Tech Gruenderfonds 66
Holtzbrinck Ventures 67
i5invest 68
IBB Beteiligungsgesellschaft 69
Idinvest Partners 70
InMotion Ventures 71
Innogy Ventures 72
Innovo.vc 73
Intel Capital 74
Iris Capital 75
ISAI 76
Kizoo 77
Lakestar 78
LeadX Capital Partners 79
Levensohn Venture Partners 80
Maersk Growth 81
Mangrove Capital Partners 82
Mountain Alliance 83
Munich Venture Partners 84
Next Media Accerlerator 85
Northzone 86
NWZ Digital 87
OneRagtime 88
P101 89
Partech Ventures 90
Piton Capital 91
Growth
Accel Partners 128
Activant Capital 129
BlackFin Capital Partners 130
Burda Principal
Investments 131
CapitalD 132
Egmont 133
EMK Capital 134
General Atlantic 135
GPI Capital 136
Great Hill Partners 137
Horizon Capital 138
HPE Growth Capital 139
Insight Venture Partners 140
LetterOne 141
NGP Capital 142
NuCom Group 143
Scottish Equity Partners 144
Stripes Group 145
Summit Partners 146
Target Global 147
Top Tier Capital Partners 148
Verdane 149
Vitruvian 150

4
Table of Contents
Buyout
AnaCap Financial Partners 152
Apax 153
Ardian 154
Bain Capital 155
Capvis Equity Partners 156
EQT Partners 157
FSN Capital Partners 158
GENUI 159
KKR 160
Macquarie Capital 161
Maryland 162
Oakley Capital 163
Permira 164
TPG 165
Bootstrap Europe 167
Columbia Lake Partners 168
Davidson Technology Growth
Debt 169
Global Growth Capital 170
Harbert European Growth
Capital 171
Kreos Capital 172
Silicon Valley Bank 173
Debt

Vertical
Ecommerce
Investor
Panel
Digital
Health
&
Wellness
Lending
Platforms
Banking
of
the
Future
Crypto
Payments
Insurance
Tech
CP
CP
P
P
P
CP
CP
K
K
CP
CP
CP
FC
FC
CP
CP
CP
CP
CP
CP
FC
FC
FC
FC
FC
Lunch served between 12:00 - 13:30
PropTech
CP
CP
CP
FC
FC
Roman Kirsch
Sven van den Bergh
Michiel Muller
Andrea Vecchiola
David Masó
Olaf Heinrich
Kenny Wilson
Tara Alhadeff
Samuel Mueller
Bo Ilsoe
Tarek Müller
Stefanie Peters
Phil Cox
Karen Stafford
Annemie Ress
Stéphanie Hospital
Michael Acton Smith
Ruslan Zaydullin
Dror Ceder
David Meinertz
Ali Parsa
Chris Bischoff
Johannes Schildt
Sonali de Rycker
Rainer Kasan
David Meinertz
Johannes Schildt
Ali Parsa
Rainer Kasan
Dan Vahdat
Andrew Kaye
Deniz Keskin
Deepak Krishnamurthy
Christian Faes
Dr. Matthias Knecht
Frederic Nze
Cameron Stevens
Francisco Sierra
Dr. Roland Folz
Nikolay Storonsky
Ricky Knox
Alexander Argyros
Hans Haderer
Dr. Tim Sievers
Torsten Winkler
Björn Goß
Elmar Broscheit
Jaidev Janardana
Nicolas C. Cary
Éric Larchevêque
Ben Tompkins
Michael Rouse
Andrew Young
Yuval Ziv
Igal Rotem
Robin von Hein
Mark Haviland
Faisal Galaria
Founder & CEO
Founder & Managing Director
Co-Founder
CEO
Co-Founder & CEO
Board Member & CEO of DocMorris
CEO
Principal
Co-Founder & CEO
Partner
Co-Founder & MD
CEO
Head of EMEA
Investment Director for Northern & CEE
Managing Director
Founder & CEO
Co-Founder & Co-CEO
Co-Founder & CEO
Founder & CPMO
CEO
Founder & CEO
Senior Investment Director
Co-Founder & CEO
Partner
Co-Founder & CTO
CEO
Co-Founder & CEO
Founder & CEO
Co-Founder & CTO
Founder & CEO
9:30 - 9:40
9:40 - 9:50
9:50 - 10:00
10:00 - 10:10
10:10 - 10:20
10:20 - 10:30

10:30 - 10:40
10:40 - 10:50
12:40 - 12:55
17:25 - 17:40
11:00 - 11:10
11:10 - 11:20
11:20 - 11:30
11:30 - 11:40
11:40 - 11:50
11:50 - 12:00
12:00 - 12:10
12:10 - 12:40
14:05 - 14:15
10:50 - 11:00
12:55 - 13:05
14:15 - 14:25
14:25 - 14:35
14:35 - 14:45
14:45 - 14:55
15:45 - 15:55
15:55 - 16:05
16:05 - 16:15
16:15 - 16:25
16:25 - 16:35
16:35 - 16:45
16:45 - 16:55
16:55 - 17:05
17:05 - 17:15
17:15 - 17:25
14:55 - 15:05
15:05 - 15:15
15:15 - 15:25
15:25 - 15:35
15:35 - 15:45
Marco Rodzynek
Marco Rodzynek
Breakfast
Founder & CEO
Founder & CEO
9:10 - 9:15
17:40 - 17:45
8:00 - 10:00
President & CIO
Director, Brand Management
EVP & Chief Strategy Officer
Co-Founder & CEO
Co-Founder
Founder & CEO
Co-Founder & CEO
Head of European Markets
CEO
Founder & CEO
CEO
Founder
Former Senior Partner, BC Partners
Founder & CEO
Partner
Founder & CEO
Managing Director
CEO
Co-Founder
CEO
Managing Director
CCO
Principal
CCO
CEO
Founder & CEO
EVP Global Development
Chief Strategy Officer
POSITION
COMPANY
SESSION TITLE TIME SPEAKER
K P
CP FC
Keynote Panel
Company
Presentation
Fireside
Chat
Lesara
limango
Picnic
Fessura
PromoFarma
Zur Rose Group
Dr. Martens
Permira
Scandit
NGP Capital
ABOUT YOU
The Positive Impacts of Diversity in Business
enable2grow
Silicon Valley Bank
Intel Capital
innogy Innovation Hub
OneRagtime
Calm
DOC+
Lumen
Zava
Babylon Health
Kinnevik
KRY
Accel
Telepaxx
Zava
KRY
Babylon Health
Telepaxx
Medopad
Welcome Note
NOAH Advisors
Closing Note
NOAH Advisors
OurCrowd
Porsche
SAP
LendInvest
Billie.io
Oakam
Prodigy Finance
N26
solarisBank
Revolut
Tandem
Moonfare
Moonfare
Deposit Solutions
Vitruvian Partners
Stocard
Macquarie Capital
Zopa
Blockchain
Ledger
Draper Esprit
Klarna
Permira
SafeCharge
Credorax
simplesurance
Rakuten
GoCompare
COMPANY
MR
Interview / Panel with participation of Marco
Rodzynek Founder & CEO, NOAH Advisors
MR
MR
MR
MR
MR
MR
MR
MR
Silvio Pagliani
Charles Fraenkl
Felix Jahn
Matt Robinson
Christoffer Norman
Carlota Pi
Hayden Wood
Tom Stafford
13:05 - 13:15
13:15 - 13:25
13:25 - 13:35
13:35 - 13:45

13:45 - 13:55
13:55 - 14:05
Co-Founder
CEO
Founder & CEO
CEO
Investment Manager
Co-Founder & CEO
Founder & CEO
Partner
Immobiliare.it
Smartfrog
McMakler
Nested
Northzone
Holaluz
Bulb
DST Global
Klaus Hommels
9:15 - 9:30 Founder & CEO
Lakestar
MAIN STAGE - Day 1 30 October
®
®
Networking Drinks
17:45 - 20:00

Travel
&
Mobility
Classifieds
&
Marketplaces
B2B
&
SaaS
CP
CP
CP
CP
K
K
FC
FC
FC
FC
FC
CP
CP
CP
CP
CP
FC
FC
FC
FC
Lunch served between 12:00 - 13:30
NOAH
Startups
FC
FC
FC
FC
HR
Tech
CP
CP
CP
CP
FC
Dave Waiser
Hakan Koç
Vikram Chopra
Sujay Tyle
James Hind
Rob Moffat
Daniel Ramot
Oscar Pierre
Fabio Cannavale
Polina Raygorodskaya
Dana Dunne
Niklas Zeller
Avi Meir
Francois Nuyts
David Erlong
Ravi Vora
Michiel Kotting
Philipp Man
Orit Hashay
Marie Petrovicka
Jan Miczaika
Timo Boldt
David Kelnar
Khaldoon Tabaza
Saygin Yalcin
Luke Nolan
Julia Brucher
Lindsay Trombley
Julia Hoxha
Stephan Heller
Oliver Steil
Hanno Renner
Daniel Haver
Daniel Raab
Juan Carlos Riveiro
Elisenda Bou
Xavier Álvarez
Jenny Kalenderidis
Neil Costigan
Jon Koplin
Sachin Dev Duggal
Manu Gupta
Emily Orton
Vasile Foca
Olivier Pin
Tim Schumacher
Ron Atzmon
Chen Shachar
Tugce Bulut
Paul Kelly
Founder & CEO
Co-Founder & Co-CEO
Founder & CEO
Co-Founder & CEO
Founder & CEO
Partner
Co-Founder & CEO
Co-Founder & CEO
CEO
CEO
CEO
Co-Founder & CEO
Co-Founder & CEO
CEO
Principal
CEO
Partner
Founder & CEO
Founder & CEO
Chief of Staff
Partner
Founder & CEO
Partner and Head of Research
Founder & MD
Founder & CEO of SellAnyCar.com
Founder & CEO
9:35 - 9:45
9:45 - 10:05
10:05 - 10:15
10:15 - 10:25
10:25 - 10:35
10:35 - 10:45
10:45 - 10:55
10:55 - 11:05
11:05 - 11:15
11:15 - 11:25
11:25 - 11:35
11:35 - 11:45
12:15 - 12:30
12:30 - 12:40
12:40 - 12:50
12:50 - 13:00
13:00 - 13:10
13:10 - 13:20
13:20 - 13:30
13:30 - 13:40
13:40 - 13:45
13:45 - 13:50
13:50 - 13:55
14:05 - 14:15
14:15 - 14:25
14:25 - 14:35
14:35 - 14:45
14:45 - 14:55
14:55 - 15:05
15:05 - 15:15
15:15 - 15:25
15:25 - 15:35
15:35 - 15:45
15:45 - 15:55
15:55 - 16:05
16:05 - 16:15
16:15 - 16:25
Marco Rodzynek
Marco Rodzynek
Breakfast
Founder & CEO
Founder & CEO
9:30 - 9:35
17:15 - 17:20
8:00 - 10:00
Co-Founder & CEO
Co-Founder & COO
Co-Founder & CEO
Founder & CEO
CEO
Co-Founder & CEO
CEO
CEO
Co-Founder & CEO
Co-Founder & CTO
Director
VP & General Manager, EMEA
CEO
Senior Director
Co-Founder
Partner
CMO
Co-Founder & Managing Partner
VP Product Management EMEA
Chairman
Managing Director
Co-Founder & CEO
Founder & CEO
Head of Strategy and Business Development EMEA
POSITION
COMPANY
SESSION TITLE TIME SPEAKER
K P
CP FC
Keynote Panel
Company
Presentation
Fireside
Chat
Gett
AUTO1 Group
Cars24
Frontier Car Group
Carwow
Balderton Capital
Via
Glovo
Lastminute.com Group
Wanderu
eDreams ODIGEO
Viselio
Travelperk
Allegro
Permira
Catawiki
Northzone
CHRONEXT
Brayola
Depop
HV Holtzbrinck Ventures
Gousto
MMC Ventures
iMENA Group
iMENA Group
Student.com
Day 1 Summary
NOAH Advisors
Closing Note
NOAH Advisors
NOAH Berlin 2018 Startups
KIDSORTED
KIDSORTED
Zana
FinCompare
TeamViewer
Personio
Native Instruments
Avenso
Vilynx
Vilynx
Caixa Capital
Kaltura
BehavioSec
Cisco Investments
engineer.ai
Lakestar
Darktrace
Talis Capital
DocuSign
Eyeo
AU10TIX
PlaySight
Streetbees
PepsiCo
COMPANY
MR
Interview / Panel with participation of Marco
Rodzynek Founder & CEO, NOAH Advisors
MR
MR
MR
MR
Leonid Boguslavsky
Tom Blomfield
Claas van Delden
Andreas von Buchwaldt
Benjamin Joffe
11:55 - 12:05
11:45 - 11:55
12:05 - 12:15
13:55 - 14:05
Founder & Chairman
CEO
Co-CEO
Partner
Partner
RTP Global
Monzo
NUCOM GROUP
EY-Parthenon
SOSV
MR
MR
MR
Matthias Scheffelmeier
Robert Böhme
Polina Frolova-Montano
Viktor Calabrò
Juan Urdiales
Thomas Rubens
16:55 - 17:05
17:05 - 17:15
16:25 - 16:35
16:35 - 16:45
16:45 - 16:55
Partner, Germany
Founder & CEO
COO
Founder & Executive Chairman
Co-Founder & Co-CEO
Partner
Ashoka
PTScientists
Job Today
Coople
Jobandtalent
DN Capital
MAIN STAGE - Day 2 31 October
®
®

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION
SELECTED PORTFOLIO COMPANIES
KEY CONTACTS
Full Portfolio • www.3tscapital.com
Offices
Budapest, Bucharest, Istanbul, Praque,
Vienna, Warsaw
Active Markets Central and Eastern Europe
Founded 1998
Employees 11 - 25 (of which 14 in Europe)
Current Fund Size > €100m
Use of Debt No
AUM > €300m
Target Investment Size €300k - €15m
Target Geographies Central and Eastern Europe
Target Sectors
Technology & Internet, Communications &
Media, Technology-enabled Services
Investment Style Active
Deal Structures Significant Minority, Majority
Key Investment Criteria
High growth Global Challengers, or
Local Leaders
Website www.3tscapital.com
Contact Email pmaki@3tscapital.com
Contact Phone +43 1 4023679
3TS Capital Partners is one of the leading European technology focused private equity and venture capital firms. 3TS provides expansion capital and
buyout funding for small and medium-sized businesses in growth sectors including Technology & Internet, Media & Communications and Technology-
Enabled Services. Investors in the current and past 3TS funds totaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among
others.
3TS Capital Partners
Pekka Maki
Managing Partner
pmaki@3tscapital.com
Zbigniew Lapinski
Senior Partner
zlapinski@3tscapital.com
Svetoslav Stefanov
Investment Director
sstefanov@3tscapital.com
Elbruz Yılmaz
Investment Director
eyilmaz@3tscapital.co
m
INVESTOR BOOK 11

KEY CONTACTS
Gil Goren
Partner
Gil Goren
Partner
Actifio delivers Enterprise Data-as-a-Service to hundreds of global enterprise customers and service provider part-
ners
iZettle, a mobile payments company, offers small businesses with portable point-of-sale solutions and free sales
overview tools
BlueVine allows small businesses to get paid immediately on their outstanding invoices
Full Portfolio • www.83north.com/companies
Offices London, Herzliya
Active Markets UK, Israel
Founded 2006
Employees 9
Current Fund Size n/a
Use of Debt n/a
AUM $550m
Target Investment Size $10m - $30m
Target Geographies Europe, Israel
Target Sectors Curated Web, Enterprise Software, SaaS
Investment Style n/a
Deal Structures n/a
Teams of consumer and enterprise
companies across all stages
Website www.83north.com
Contact Email n/a
Contact Phone n/a
83North (formerly Greylock IL) is a global venture capital firm with more than $550 million under management. They invest in European and Israeli
entrepreneurs creating global businesses, across all stages of consumer and enterprise companies. 83North is the sum of the latitudes of London
and Tel Aviv.83North is committed to help build global leading companies, with more than half of its portfolio companies having operations in the
US.
83North
David Buttress
Partner
INVESTOR BOOK 12

KEY CONTACTS
Debbie Rennick
Director
Email: drennick@actvc.ie
• Debbie has over 25 years experience in corp finance & tech venture
capital investing. She works closely with several portfolio teams &
was responsible for investments in Soundwave (acq by Spotify)
Heartsine (acq by Physio Control/Stryker) FeedHenry (acq by
Redhat) Qumas (acq by Acceleris)
Offices Dublin, Ireland
Active Markets Ireland/UK/Europe
Founded 1944
Employees 10 (of which 10 in Europe)
Current Fund Size €100m
Use of Debt n/a
AUM n/a
Target Investment Size n/a
Target Geographies Ireland/UK/Europe
Target Sectors Disruptive Tech
Deal Structures n/a
Disruptive products, ambitious teams and
large and growing markets
Website www.actventure.com
Contact Email drennick@actvc.ie
Contact Phone +35312600966
ACT’s funds are sourced from leading domestic and international financial institutions. Investments are made in companies at early
and expansion stages, with a particular interest in backing ambitious entrepreneurs who wish to build scaleable businesses. With
its extensive contacts and experienced team, ACT plays an active supportive role in helping companies to expand into international
markets.
ACT Ventures
INVESTOR BOOK 13

KEY CONTACTS
Dr. Christoph Braun
Managing Partner
Email: cb@actoncapital.com
• Managing Partner and co-founder of Acton since 1999, before that treasury at
Hubert Burda Media and at McKinsey.
• Companies: Momox, Tolingo, Clio, sofatutor, Mobify, Chefs Plate, Cluno and
windeln.de. Past investments include e.g. Alando, AbeBooks, Ciao,
Finanzcheck, Lumas, Etsy, audibene.
Fritz Oidtmann
Managing Partner
Email: fo@actoncapital.com
• Managing Partner of Acton since 2013. CEO of large electronics e-commerce
companies and supervisory board member of XING before. Co-founder &
CEO of OnVista, partner at McKinsey before.
• Companies: Momox, Home24, iwoca, Mambu. Notable past involvements
include e.g. OnVista, Cyberport, computeruniverse, Chip, XING.
HomeToGo is the world’s largest meta search engine for vacation rentals combining the models of enquiry and
immediate booking. Based in Berlin.
Mambu offers an agile, flexible and affordable cloud banking platform that enables innovative banking providers to
rapidly create, launch and service loan and deposit products. Based in Berlin.
Founded in 2017, Cluno is the leading full-stack car subscription provider in Germany and the EU, offering
customers a wholly new way of car ownership. Cluno is based in Munich.
Full Portfolio • www.actoncapital.com/#Portfolio
Offices Munich
Active Markets Europe, Canada, US East Coast
Founded 1999
Employees 15, of which 14 in Europe
Use of Debt No
AUM €400m
Target Investment Size €3m - €15m
Target Geographies
Germany, Europe, Canada, US East
Coast
Target Sectors
Internet (E-Commerce, Marketplaces,
SaaS, Fintech, Online Services, Media, ...)
Deal Structures
Minority, preferrably lead or co-lead
investor
Key Investment Criteria Functioning business model, Series A to C
Website www.actoncapital.com
Contact Email info@actoncapital.com
Contact Phone +49 89 2421887-0
Acton Capital Partners is a growth-stage venture capital firm, based in Munich. With investments in more than 70 companies since 1999, the Acton
team brings a wealth of expertise and experience to the companies in which it invests, delivering superior capital returns. The ideal investment
candidates are Internet companies in the consumer or B2B-SaaS space with proven and scalable business models, striving to take their growth
opportunities to the next level.
Acton’s current fund was initiated in 2014 with a volume of 170m€ and has so far invested amongst others in HomeToGo, Tictail, iwoca, GetSafe,
Mambu, Mobify, Eloquii, Comatch, Finanzcheck.de, Chefs Plate, Zenjob, Freska, Cluno and Koio. With its previous fund (vintage 2008), Acton had
invested in companies such as Linas Matkasse, Windeln.de, MyOptique Group, mytheresa.com, Etsy, Audibene, Momox, KupiVIP and Clio. Before
2008, the Acton team had invested through the Burda Digital Ventures fund I and II in companies like Ciao, HolidayCheck, Zooplus, OnVista,
Cyberport, AbeBooks and Alando.
Acton Capital Partners
INVESTOR BOOK 14

KEY CONTACTS
With an integrated platform, an online shop for the community and the popular Asana Rebel app, Asanayoga has
become a vital part of the Yoga movement.
Horizn Studios develops smart suitcases, bags and accessories for today´s urban, digital nomads - to make our
travel even more exciting and pleasant.
With personalized search, integrated price comparison and shopping possibility, Stylelounge makes shopping your
favorite pieces even more convenient
Full Portfolio • www.astutia.de
Offices Munich, Berlin
Active Markets Seed, Early-Stage VC
Founded 2006
Employees 5 of which 5 in Europe
Current Fund Size N/A
Use of Debt No
AUM N/A
Target Investment Size 100k – 1m
Target Geographies Germany, Europe
Target Sectors
E-Commerce, Digital Media, Enterprise
Solutions
Investment Style Hands on
Deal Structures Minority stakes
Key Investment Criteria Team, market
Website www.astutia.de
Contact Email astutia@astutia.de
Contact Phone +49 89 2302284 0
ASTUTIA is an independent investment company focusing on innovative founders and companies with outstanding growth potential. Our
investments focus the areas of E-Commerce, Digital Media and Enterprise Solutions. We usually invest from early start-up to growth stages.
Besides venture capital, we offer a truly international network and specialised know-how for entrepreneurs to support successful development
and sustainable growth. Our latest exits include Fashionette, InterNations and Joblift.
Astutia Ventures
INVESTOR BOOK 15
Benedict Rodenstock
Managing Partner
Email: b.rodenstock@astutia.de
• Formerly at Hubert Burda Media, WEB.DE, Roland Berger Strategy
Consultants; MBA, studied in Bologna, St.Gallen and New York
• Companies: Flaconi, Asanayoga, Stylelounge
Photo
Manuel Sprödhuber
Investment Manager
Email: m.sproedhuber@astutia.de
• Since 2014 part of the team. Formerly Marketing & Sales manager at MedTech
company nal von minden, studied Business Administration.
• Companies: Horizn Studios, Coureon, Joblift

KEY CONTACTS
Christophe F. Maire
Founding Partner
Email: christophe@atlanticlabs.de
Jens-Philipp Klein
Partner
Email: jensphilipp@atlanticlabs.de
Dr. Marc-Olivier Lücke
Partner
Email: marc@atlanticlabs.de
Daniel Niemi
Principal
Email: daniel@atlanticlabs.de
World’s leading music creator platform
Full-stack car subscription provider
Automated full-service staffing platform
Full Portfolio www.atlanticlabs.de
Offices Berlin
Active Markets Germany
Founded 2007
Employees 4-10 (all in Europe)
Current Fund Size undisclosed
Use of Debt No
AUM n/a
Target Geographies Europe (with focus on Germany)
Target Sectors
Digital Health, Future of work, Blockchain,
Mobility, Industrial Tech
Deal Structures Minority / Lead
Thesis driven investment approach,
Early stage, strong founder team
Website www.atlanticlabs.de
Contact Email marc@atlanticlabs.de
Contact Phone n/a
Atlantic Labs supports and invests in mission-driven founders working on transformative technology ventures. We partner with founders early,
providing the capital, tools and network necessary to growing their companies and accompanying them on their entrepreneurial journey. Our
current areas of focus include Digital Health, Future of Work, Machine Learning, Blockchain, Mobility and Industrial Applications
Atlantic Labs
INVESTOR BOOK 16

KEY CONTACTS
Photo
Andrey Kolodyuk
Managing Partner
Email: ak@aventurescapital.com
Andrey Kolodyuk, entrepreneur turned VC, started his entrepreneurial career in
New York in 1992 and eventually has founded and built over 10 companies in IT,
telecom, internet and media with $1 Billion total revenues. Andrey is the founder of
Divan.TV, an OTT service provider with 300 million Ukrainian and Russian-
speaking audience living worldwide.
Photo
Yevgen Sysoyev
Managing Partner
Email: ys@aventurescapital.com
Yevgen Sysoyev, a former successful investment banker, co-founded AVentures
Capital. Over the years, he’s been a Board Director of such tech companies as
Petcube, Augmented Pixels, Spinbackup, CoreValue, Depositphotos, and others.
He is recognized as one of the most influential people in Ukrainian tech
community.
Petcube - a global leader in Connected Pet market. Petcube manufactures interactive cameras that let its users
communicate and play remotely with their pets as well as dispense treats using the Company`s mobile app.
Moreover, recently the Company successfully launched subscription program and is going to launch e-commerce
platform in partnership with the leading pet food manufacturers.
Spinbackup - a cloud cybersecurity and cloud-to-cloud backup solutions provider for G Suite and soon for Office
365. The Company`s solutions automatically protect organizations of all sizes against data leak and data loss in the
cloud that mostly come from ransomware, insider threats, and human error. Spinbackup has over 400k users
globally, more than 2000 organizations, and a partnership with Google.
SolarGaps is the manufacturer of Smart Solar Blinds that generate electricity and pay for themselves. Installed on
just a third of a home’s windows, SolarGaps can cover up to 70% of an average home’s electricity needs. Extra
energy can be easily sold to the city`s power grid. Apart from generating electricity, the Company`s smart blinds
also automatically track the sun to provide active shading or can be set to follow a predefined schedule. Smart
blinds can be controlled by a smartphone, Google Home and Alexa.
Full Portfolio www.aventurescapital.com/#portfolio
Offices Kyiv, Ukraine
Active Markets Ukraine
Founded 2013
Employees 6
Current Fund Size Current - $10m. Raising $30m
Use of Debt No
AUM $10m
Target Investment Size $250k – $500k
Target Geographies Ukraine, the USA
Target Sectors Opportunistic
Deal Structures Minority
Key Investment Criteria 1) Global focus . 2) R&D in Ukraine
Website www.aventurescapital.com
Contact Email bogdans@aventurescapital.com
Contact Phone +38 0664679714
AVentures Capital is the leading Ukrainian early-stage VC fund. We invest in global companies which utilize their R&D in Ukraine. The fund's
investment focus spans across software tech, including such areas as machine learning, big data, AR, VR, SaaS, cloud, storage, enterprise, web,
mobile, IoT and others. In addition, AVentures Capital advises IT businesses across all stages and other funds on strategy and execution.
Currently, we are raising our second fund as well as helping our portfolio companies in IoT, ML, Cybersecurity, SaaS and Cleantech to raise follow-on
rounds.
AVentures Capital
INVESTOR BOOK 17

KEY CONTACTS
Photo
Imran Akram
General Partner
Imran@axavp.com
• Companies: Auto1, ForceManager, Sonovate
Photo
Francois Robinet
Managing Partner
Francois@axavp.com
• Companies: Goji, Tanker
US marketplace for financial products
Enterprise cyber-security rating platform
Mobile, AI-powered sales assistant for field sales teams
Full Portfolio • www.axavp.com/companies/
Offices Paris, London, New York, San Francisco
Active Markets Global
Founded 2016
Current Fund Size $275m
Use of Debt No
AUM $425m
Target Investment Size $0.3 - $20m
Target Geographies Global
Target Sectors Technology
Early – traction
Growth – clear unit economics
Website www.axavp.com
Contact Email europe@axavp.com
AVP is $275M venture capital firm investing in seed and early stage companies through AVP Early Stage, and in growth equity companies
through AVP Capital. Our checks range from $300K for seed investments to $20M for growth equity transactions.
AXA Venture Partners
INVESTOR BOOK 18

KEY CONTACTS
Daniel Hoepfner
Managing Director
dh@b10.vc
• Daniel Hoepfner is founder and MD of b10 Early Stage Venture Capital
• Prior to that, Daniel was founder and CEO of PressMatrix, Founding
Business Angel at Sensorberg GmbH
• Focus on Fundraising, Sales and Legal
Henri Kuehnert
Managing Director
hk@b10.vc
• Henri Kuehnert is founder and MD of b10 Early Stage Venture Capital
• Prior to that, Henri was founder and CEO of SinnerSchrader Mobile,
Investor and Advisor at Quandoo, Founding Business Angel at Sensorberg
GmbH
• Focus on Fundraising, Sales and Financial Planning
Free2Move allows people to find and compare vehicles from a wide variety of carsharing providers
ENWAY is developing the technology platform for autonomous street sweepers and other specialty vehicles
Thryve powers the individualization of health care by providing the only health API needed for health services to
access sensible health data from more than 100 smartphones, smartwatches and fitness trackers
Full Portfolio www.b10.vc/portfolio
Offices Berlin
Founded 2014
Employees 10
Use of Debt No
AUM €10m
Target Investment Size €100k - €500k
Target Geographies Germany
Target Sectors
B2B, Marketplaces, Communications,
Health Financial Technology, Digital
Services, Retail
Key Investment Criteria Category Killer
Website b10.vc
Contact Email dh@b10.vc
Contact Phone n/a
b10 is a Berlin-based venture capital firm investing in seed and pre-seed startups.
We look for "category killers" with a B2B focus. We invest and act as an operational investor, supporting the founders actively with a team of
specialists in the areas of recruiting, UX/UI design, content, finance, fundraising, legal, etc.
In the last years b10 successfully exited for example Quandoo, the leading restaurant reservation system worldwide for 200.000.000 EUR to Recruit
Holdings and Free2Move (fka Carjump) to PSA (Peugeot) in 2016.
The combination of hands on support and entrepreneurial experience makes b10 a perfect partner for Startups to grow.
b10 I Venture Capital
INVESTOR BOOK 19

KEY CONTACTS
Photo
Name Janic Frölicher
Title Investment Associate
Email: j.froelicher@bbventures.ch
• B.B.A. Zurich University of Applied Science
• Rahn & Bodmer Co., VZ Vermögenszentrum, Credit Suisse AG
Name Philippe Bernet
Title Investment Manager
Email: p.bernet@bbventures.ch
• M.A. HSG Accounting & Finance
• UBS AG, HA&W, Truventuro, Hermes Capital
ImmunOs Therapeutics AG is leading the next generation of immunotherapies by fast-tracking new discoveries to
enhance combination therapies with novel human immunomodulatory proteins that have a role in both the innate
and adaptive immune system for cancer treatment
By using stem cell research Supermeat produces synthetic poultry meat. Supermeat will revolutionize the poultry
industry - clean, sustainable & pet friendly.
Lawoon is an online platform for the placement of mini-jobs with automated payment processing. The Start-up
allows bringing together clients and contractors in just a few clicks.
Full Portfolio • www.backboneventures.ch/portfolio
Offices Zurich
Active Markets
Switzerland, Deutschland, Austria, Israel,
Liechtenstein
Founded 2018
Employees 5 (of which all in Europe)
Use of Debt No
AUM €1m
Target Geographies primarily DACH
Target Sectors ICT, Disruptive Technologies, Biotech
Key Investment Criteria Innovative & passionate
Website www.backboneventures.ch
Contact Email j.froelicher@bbventures.ch
Contact Phone +41 44 500 23 81
BackBone Ventures stands for goal-oriented, value-adding and sustainable support for promising start-ups through network, capital and expertise.
Our aim as a Swiss Venture Capital Firm based in Zurich is to find the most promising deals in the market and to bring in added value.
BackBone's focus is on seed and start-up investments, primarily in the area of innovative ICT and disruptive technology projects.
BackBone Ventures
INVESTOR BOOK 20

KEY CONTACTS
Suranga Chandratillake
Partner
Email: suranga@balderton.com
• Previously founder of Blinkx PLC and US CTO of Autonomy
• Partner at Balderton since 2013
• Companies: Contentful, Dalia research, Vivino, Banjo, Comply Advantage,
Funnel, The Tab, Magic Pony, Mojiworks
Rob Moffat
Partner
Email: rmoffat@balderton.com
• At Balderton since 2009. Previously at Google and Bain
• Companies: Wooga, Carwow, Zego, Mojiworks, Dinghy, Prodigy Finance,
Nutmeg, Patients Know Best
API-first content infrastructure that replaces legacy content management systems. Founded in Berlin, expanded
successfully to US and have raised follow on funding from Benchmark and General Catalyst.
Leading mobile casual games developer, based in Berlin
The future of music publishing, ensuring that songwriters artists (representing ~40% of the top 100) are paid rapidly
and fairly across all offline & online platforms
Full Portfolio • www.balderton.com/portfolio
Offices London
Active Markets Europe
Founded 2000
Employees 25 - 50 (of which all in Europe)
Use of Debt No
AUM $2.6bn
Target Geographies Europe
Target Sectors Technology
Key Investment Criteria Team, disruptive
Website www.balderton.com
Contact Email rmoffat@balderton.com
At Balderton we invest in European entrepreneurs with global ambitions.
Balderton is Europe’s largest early stage venture capital investor, focused on European technology companies at Series A, with funds totalling
$2.6BN. We invest between $1M to $20M into companies with the potential to disrupt huge industries, and the ambition to scale globally.
We have a track-record of backing breakthrough companies ranging from MySQL to Betfair, and The Hut Group to Yoox Net-a-Porter. We bring our
deep experience and unrivalled professional and personal network to bear to support our companies from start to exit.
Our equal partnership includes two founders of $bn companies (Business Objects and Blinkx PLC) and senior execs from Goldman Sachs, Uber,
Dropbox, Google and Yahoo.
Balderton Capital
INVESTOR BOOK 21

KEY CONTACTS
FarePilot helps taxi and ride hailing drivers find more jobs using a predictive supply/demand model
Takt distills customer data into uniquely tailored experiences; we orchestrate physical and digital exchanges into
one seamless journey
Kaishi Pte - Connected device and app platform for pregnancy and early-stage parents
Full Portfolio • www.bcgdv.com/portfolio
Offices
Manhattan Beach, Berlin, Sydney,
London, San Francisco, New York, Silicon
Valley, Tokyo, Seattle
Founded 2014
Employees 350
Use of Debt n/a
AUM n/a
Target Sectors Digital
Deal Structures n/a
Key Investment Criteria n/a
Website htwww.bcgdv.com
Contact Email DVInfoBER@bcgdv.com
Contact Phone n/a
BCG Digital Ventures is a corporate investment and incubation firm. They invent, build and invest in startups with the world’s most influential
companies. They share risk and invest alongside their corporate and startup partners via a range of collaborative options.
Founded in 2014, they have major Innovation and Investment Centers in Manhattan Beach, Berlin, London, Sydney, San Francisco and New York,
as well as DV Hatches in Silicon Valley, Seattle and Mexico City, with more locations opening in the coming quarters.
Their Centers and Hatches are home to a diverse range of entrepreneurs, operators and investors who are building businesses, creating and
expanding markets and developing new technologies that benefit millions of people across the globe.
BCG Digital Ventures
Claudia Armbruester
Experience Design
Director
Urs Rahne
Managing Director
Katarina Ewert
Learning and Development Coordinator
Juergen Eckel
Venture Architect
Director
Arndt Roller
Partner and Managing Director
INVESTOR BOOK 22

KEY CONTACTS
Eyal Malinger
Investment Director
Email: emalinger@beringea.co.uk
• Former director of Corporate Development at Countrywide PLC where he
oversaw investments in property technology; MBA from Harvard Business
School
• Companies: Poq, TV Player, SMARTASSISTANT, MPB.com, Aistemos,
Perfect Channel, Simplestream
Rob Dagger
Investment Manager
Email: rdagger@beringea.co.uk
• Prior to Beringea, Rob worked as a senior consultant in Deloitte’s strategy
practice, focusing primarily on projects for technology and media
organisations.
• Companies: Thread, Whistle Sports, SMARTASSISTANT, ContactEngine,
ResponseTap, Honeycomb
Monica Vinader is one of the UK’s fastest growing jewellery brands and an international retail success story – its
unique luxury, yet affordable, jewellery is sold in the USA, Europe and Asia, with revenues breaking £35m in 2017.
SMARTASSISTANT is a pioneering digital assistant, creating an artificially-intelligent adviser used by retailers and
corporates to enable consumers and users to seamlessly walk through complex purchases or decisions.
Aistemos is an artificial intelligence company that has ordered and analysed the world’s 100m patents, working with
the likes of BAE Systems and ARM to map and understand global innovation trends.
Full Portfolio • www.beringea.co.uk/portfolio
Offices London and Detroit
Active Markets United Kingdom, USA, and Europe
Founded 1988
Current Fund Size Multiple funds
Use of Debt Yes
AUM $715m+
Target Geographies UK, USA, and Europe
Target Sectors Software and AI, Retail, Digital Media
Key Investment Criteria Revenues of £1m+
Website www.beringea.co.uk
Contact Email info@beringea.co.uk
Contact Phone +44 (0)20 7845 7820
Beringea is a transatlantic venture capital investor that seeks to create lasting success for entrepreneurial companies.
With offices in London and Detroit and over $715 million under management in the U.K. and the U.S., we provide patient capital and a transatlantic
footprint to back founders throughout their journey, helping them overcome barriers to scale and build international success stories.
Our track record of three decades of successful investing across every major industry has inspired our own entrepreneurial ethos; cultivated an
exceptional network throughout the technology and investment communities; and fostered the experience required to create meaningful
businesses and deliver value for our shareholders.
The diversity of background, opinion, and expertise throughout our transatlantic team reflects the community of founders and companies we
support and enables us to collaborate effectively with our portfolio to capitalize on opportunities enabled by technology.
Beringea
INVESTOR BOOK 23

KEY CONTACTS
Joern-Carlos Kuntze
Managing Director
Email: jck@berlinholding.con
• Seasoned Strategy, Company Builder and Corporate Finance expert. Serial
Entrepreneur. Previously Partner at OC&C and Oliver Wyman
• Companies: Sevenval, Minodes, Applause, PressMatrix
Sensorberg provides Beacon-software based on-the-fly IoT networks
Digital front end platform that maximizes the quality, performance, and reach of customer interface
Germany’s largest private cash payment infrastructure
Full Portfolio • www.berlinholding.com/#portfolio-jump
Offices Berlin
Active Markets Austria, Germany
Founded 2013
Use of Debt Yes
AUM n/a
Target Geographies Austria, Germany
Target Sectors
Financial Services, Marketing, Analytics,
Digital Services
Deal Structures Flexible
Team with strong Execution Mindset,
disruptive B2B Business Model, Financial
Model with Recurring Revenues
Website www.berlinholding.com
Contact Email contact@berlinholding.com
Berlin Technologie Holding (“BTH”) is a German based Holding and growth investment firm focused exclusively on investments in technology and
technology-enabled businesses. BTH was founded by successful entrepreneurs and investors who invest in companies with significant growth
potential.
BTH provides growth capital, management know how and access to high caliber entrepreneurial partner network to companies facing strategic or
operational challenges.
BTH strongly believes that entrepreneurs with character deserve capital with character and thus invests own equity and also provide their experience
and network to those that distinguish themselves and their business model through clarity.
They call it Augmented Capital.
Berlin Technologie Holding
INVESTOR BOOK 24

KEY CONTACTS
Photo Jordan Windmueller
VC
• VC at Bessemer Venture Partners
• Previously: Private Equity Partners at BlackRock (2013 – 2013), Analyst at
Schooner Capital LLC (2011 – 2011), Office of Strategic Partnerships at U.S.
Department of Commerce (2011 – 2011)
Intercom is a customer communication and support service for businesses
Pinterest is a visual bookmarking tool that helps you discover and save creative ideas
CrowdFlower is the essential human-in-the-loop platform for data science teams
Full Portfolio • www.bvp.com/portfolio
Offices
Boston, New York City, Westchester, San
Francisco, Silivon Valley, India, Israel
Active Markets US, India, Israel
Founded 1911
Employees 40
Current Fund Size $1.6bn
Use of Debt Yes
AUM n/a
Target Sectors
Cloud Computing, Consumer,
Cybersecurity, Financial Services,
Healthcare, Industry Software,
Marketplaces, Mobile
Deal Structures Convertible Debt, Equity (Minority)
Passionate and thoughtful founders with
exciting ideas into market leading
businsses
Website www.bvp.com
Contact Email n/a
Contact Phone n/a
Bessemer backs passionate and thoughtful founders as they turn exciting ideas into market leading businesses. They admire those who aren’t afraid
to break with convention and are driven to push the limits of what is possible with technology and product. They invest in all stages. From seed stage
to growth, and across the technology and services stack, BVP invests in enterprise, consumer and healthcare technology startups around the world.
Bessemer Venture Partners
INVESTOR BOOK 25

KEY CONTACTS
Olav Wilms
CEO
Email: olav.wilms@ilb.de
• Olav has been heading ILB’s venture and mezzanine capital activities since
November 2010 and acts as managing director for all of ILB’s investment
subsidiaries. He also steers the strategic investments of the bank and
represents ILB on, among others, the investment committee of the Hasso
Plattner Venture II Fund.
Thomas Krause
Member of management board
Email: thomas.krause@ilb.de
• Thomas has been active in the venture capital business since 2001. During
this period, he was responsible for the equity investments in companies
such as gate5, PC-Soft and Berlin Heart. He heads the venture capital
activities of ILB based in Potsdam.
• Companies (current board positions): asgoodasnew, SMACC, Pentracor
Leading sharing platform for private caravans
Leading medtech company in electromagnetic surgical navigations solutions
Manufacture and distributor of eco-friendly tea capsules
Full Portfolio www.brandenburg-kapital.de
Offices Potsdam
Active Markets n/a
Founded 1993
Use of Debt No
AUM €110m
Target Geographies Germany - State of Brandenburg
Target Sectors
ICT/Digital Economy, Life Sciences /
MedTech, Proptech, Industrial
Applications
Open Participation or combination of
open and silent
Website www.brandenburg-kapital.de
Contact Email eigenkapital@ilb.de
Contact Phone +49 331 660-1698
With a track record of over 20 years in venture capital and the experience from more than 200 investments in numerous companies, we are the most
active equity investor in our region. We invest in fast-growing companies throughout the whole life-cycle while we want to be an active and reliable
partner for our portfolio companies as well as our co-investors. Our current VC fund is financed by the European Regional Development Fund (ERDF)
and Investitionsbank des Landes Brandneburg (ILB).
BFB Brandenburg Kapital
INVESTOR BOOK 26

KEY CONTACTS
Tobias Jahn
Principle
Email: tobias@bmwiventures.com
• With BMW iVentures since July 2015, previously Senior Manager New
Ventures at 3M
Moovit is a transit data company that offers a transit app.
May Mobility develops autonomous vehicles from the chassis up with a focus on system level safety design.
Full Portfolio • www.bmwiventures.com/portfolio-2/
Offices Silicon Valley, San Francisco, Munich
Founded 2011
Employees 10
Use of Debt No
AUM $716m
Target Investment Size N/A
Target Sectors
Autonomous Driving, Digital Car &
Automotive Cloud, E-Mobility, AI / Data /
Cyber Security, Industry 4.0, Shared &
On-Demand Mobility, Customer Digital
Life, Energy Services
Deal Structures n/a
Website www.bmwiventures.com
Contact Email n/a
Contact Phone n/a
BMW iVentures, BMW’s EUR 500 million venture capital fund, invests money and resources in startups in the fields of autonomous driving, digital car
and automotive cloud, e-mobility, artificial Intelligence and data, industry 4.0, shared and on-demand mobility, customer digital life, and energy
services.
The firm has already partnered with innovative companies such as Carbon3D, Chargepoint, DesktopMetal, JustPark, Life360, Moovit, Nauto, Scoop,
Stratim, Turo, Xometry and Zendrive.
BMW iVentures invests in all stages from seed and incubation to growth companies.
BMW iVentures
INVESTOR BOOK 27

KEY CONTACTS
Photo Matthias Ick
Venture Partner
• Joined Boerse Stuttgart Digital Ventures in 2017, previously MD and
Executive Committee Member at Maxmillan Digital Education and CEO and
Founder of tutoria
Sowa Labs is a fintech startup specialized in predictive data analytics and disruptive applications in trading of
financial assets and cryptocurrencies.
BISON is the first app for trading cryptocurrencies – Made in Germany.
Full Portfolio • www.bsdv.vc/#portfolio
Offices Stuttgart
Active Markets Europe and Nordics
Founded 2017
Use of Debt No
AUM n/a
Target Geographies n/a
Target Sectors FinTech
Deal Structures n/a
Website www.bsdv.vc
Contact Email info@bsdv.vc
Contact Phone n/a
Boerse Stuttgart Digital Ventures develops innovative business models for exchange trading and over-the-counter (OTC) trading in fungible products.
It also invests in promising startups and enters into partnerships with selected partners to implement its digitisation strategy. Boerse Stuttgart Digital
Ventures GmbH is a wholly-owned subsidiary of Boerse Stuttgart.
Boerse Stuttgart – Digital Ventures
INVESTOR BOOK 28

KEY CONTACTS
Dr. Jochen Gutbrod
General Partner
• Dr. Jochen Gutbrod was CFO of Holtzbrinck Publishing Group and Deputy
Chairman of the Executive Board. In addition, he was CEO of Holtzbrinck
Digital. Prior to joining Holtzbrinck, he held leadership positions at Schroder
Investment Management
Florian Schweitzer
General Partner
• Florian was one of the co-founders of btov in the year 2000. Since then he
has worked on btov’s private investor network and investment business.
Florian has graduated with a degree in management from the University of
St. Gallen
Luca Martinelli
General Partner
• Luca studied International Business in Maastricht, Milan & London and holds
a Masters Degree in Technology and Management orientated Business
Administration from TU Munich. He founded two start-ups in the education &
recruiting space.
No. 1 marketplace for European term deposits
Leading financial comparision website
The first manned, fully electric and safe VTOLs in the world
Blacklane is a Berlin-based global professional driver services company
Full Portfolio • www.btov.vc/portfolio/
Offices St. Gallen, Berlin, Luxembourg
Active Markets
Focused on Europe and invest outside of
Europe on a case-by-case basis
Founded 2000
Employees 11-25 (of which all in Europe)
Use of Debt No
AUM €360m
Target Investment Size €250k - €3.5m
Target Sectors
B2C- and B2B oriented business in the
field of commerce, marketplace, mobile
and software
Potential to tranform large industries,
unique market positioning, defedable
assets
Website www.btov.vc
Contact Email berlin@btov.vc
Contact Phone +49 30 346 55 84 00
btov Partners is a European venture capital firm focused on early stage investments in digital and industrial technology companies.
btov Partners operates own funds, managed partner funds and offer direct investment opportunities to private investors. Across the three divisions,
the team manages EUR 360m and looks at more than 3,000 companies each year.
btov teams in St.Gallen, Berlin and Luxemburg jointly with seasoned entrepreneurs back Start-ups with teams willing to make the difference.
The digital tech fund invests in B2C- and B2B-oriented businesses in the fields of commerce, marketplaces, mobile and software. The industrial tech
fund places its focus on deep tech, e.g. in industry 4.0, resource efficiency, industrial AI, IoT, enterprise software, cyber security, as well as medtech.
btov Partners
INVESTOR BOOK 29

KEY CONTACTS
Sven Illing
Managing Partner
Email: sven@buildit.ee
• Manging Partner at Buildit Accelerator since 2014
• Previously founder of GameFounders a global game studio accerlator
The first window automation solution with a sleek design, affordable price and with just one-click installation on
existing blinds.
Velmenni is developing Jugnu - a future technology which can transfer high speed data using visible light.
Huntloc is a solution for hunters to increase hunting efficiency and safety. Huntloc helps to collect, share and
manage hunting related information and gives graphical view about hunt participants positioning in real time.
Full Portfolio • www.buildit.ee/companies
Offices Estonia
Active Markets Baltic States and Nordics
Founded 2013
Employees Approx. 35
Use of Debt No
AUM N/A
Target Investment Size €10k – €25k
Target Geographies Baltic States and Nordics
Target Sectors Physical Devices, Hardware
Deal Structures Accelerating
Key Investment Criteria N/A
Website www.buildit.ee
Contact Email buildit@buildit.ee
Buildit is the first accelerator in the Baltic States and Nordic countries with focus on physical devices, accepting hardware and creative industries
startups worldwide.
During the 3 month mentoring program teams can use their prototyping facilities, see list of available tools here. Startups are offered free open office
space at Tartu Science Park and can test their product with end-users in a Living Lab setting. Teams also get free and discounted services from
partners – that includes development tools, design services, legal and accounting services + many more.
€25,000 investment is offered in exchange for 12% shares. Teams can also go for €15,000 investment in return for 9% or choose €10,000 for 6%.
For self-sufficient companies that already have funding they offer to participate in program with no investment for 3% of company shares.
Buildit Accelerator
INVESTOR BOOK 30

KEY CONTACTS
Xavier Álvarez
Managing Director
Email: xalvarez@caixacapitalrisc.es
Asset management expert, with 20 years of experience in banking and venture
capital. Previously: Head of International Banking at Criteria, angel investor and
prior to that, Managing Director of Corporate & Structured Risk department in
CaixaBank. Focus on Fintech and Insurtech Business.
Companies: KDPOF, Vilynx, Playgiga, Immfly
KDPOF develops state of the art microelectronics for high speed communications over large core Plastic Optical
Fiber (POF). By providing a flexible, robust and affordable Gigabit networking technology that efficiently approaches
the theoretical limit of the channel, KDPOF makes Gigabit communication over POF a reality
Logo
Vilynx has built an artificial intelligence brain that helps media companies to compete with Netflix and other digital
giants increasing engagement, efficiency and insight. Vilynx provides intelligent content metadata, video previews,
recommendations and search engines to publishers so that they can better monetize their content libraries.
Logo
PlayGiga is an independent Games-as-a-service (GaaS) company and a pioneer in cloud-based gaming.
PlayGiga's customers include Telcoms, ISPs and media companies that already offer video and music services to
their subscribers. With PlayGiga, companies can offer users a console-quality experience, a curated catalogue of
AAA games and an easy to use mobile-enabled parental control, delivering a family-friendly service.
Full Portfolio • www.caixacapitalrisc.es/en/empresas
Offices Barcelona, Madrid
Active Markets Spain
Founded 2006
Employees 24
Use of Debt No
AUM €235m
Target Geographies Spain and Portugal
Target Sectors
B2B business: Fintech, Digitalhealth,
Enterprise software, Data Analytics
Energy, Traveltech, Agrotech, Logistics
Strong team, disruptive
technology, scalable business models,
global market potential
Website www.caixacapitlrisc.es
Contact Email tic@caixacapitalrisc.es
Caixa Capital Risc, the venture capital arm of CriteriaCaixa, an investor that provides equity and convertible loans to innovative companies in
their early stages.
Through different specialized vehicles, we invest in the seed phase and offer support during the A and B Series rounds, if necessary.
The team has an executive and financial experience in start ups and rapid-growth companies boasting sectorial specialization particularly in
early stages companies. We invest in B2B business in the fields of: Fintech, Digitalhealth, Energy, Enreprise Software, Traveltech,
Telecommunications, Agrotech, Edtech and Logistics.
Caixa Capital Risc
INVESTOR BOOK 31

KEY CONTACTS
Laurent Dumas-Crouzillac
Partner
Email: ldc@caphorninvest.com
• Joined CapHorn Invest in 2015, previously Partner at A Plus Finance and
Partner ad IDInvest.
• Companies: Saagie, FINALCAD, AntVoice, Ledger
Antvoice allows medias to better monetize their advertising space through a very efficient IA tool predicting
customer behavior.
Saagie (pronounced "sadgee") is the fastest way to deploy your big data projects into production and to embed AI
into your business. As a ready-to-deploy and fully managed platform, Saagie is massively used in the Bank &
Insurance industry.
Ledger allows individuals and corporates to safely stock their blockchain assets with a revolutionary cryptology
process
Full Portfolio • www.caphorninvest.com/portfolio
Offices Paris, Lille, New York City
Founded 2010
Employees 20-30 (of which 25 in Europe)
Use of Debt No
AUM €180m
Target Sectors Digital B2B
Website www.caphorninvest.com
Contact Email lsutre@caphorninvest.com
Contact Phone n/a
CapHorn Invest is an independent Venture Capital Firm launched in 2010. The company invests in B2B digital companies. CapHorn Invest currently
manages 180 million euros across two funds and has a portfolio of more than 20 companies.
CapHorn Invest
INVESTOR BOOK 32

KEY CONTACTS
Photo Peter Lasinger
Partner Photo
Roman Scharf
Partner
Photo Eva Arh
Principal
A social, hyper-casual gaming platform
Previous Companies Jajah, Talenthouse, Hitbox, Crystalline Mirror Solutions,…
Full Portfolio www.capital300.com/#businesses
Offices Vienna, Linz
Founded 2017
Employees 3
Use of Debt No
AUM
Target Sectors Technology (focus ICT)
Key Investment Criteria Team, global ambitions, technology
Website www.capital300.com
Contact Email office@capital300.com
Contact Phone n/a
capital300 is backing disruptive European technology companies run by outstanding entrepreneurs who are willing to solve tough problems on a
global scale. Founded in 2017 by Peter Lasinger, an experienced VC investor and Roman Scharf, a serial entrepreneur and founder of Jajah, the first
European company backed by Sequoia Capital.
We invest together with leading US and UK venture capital firms. Such partnerships provide portfolio companies with a substantial leverage for
conquering international markets and building a significant global presence. We focus on Series A rounds (€ 2-10M), aiming to co-invest € 1+M in
addition to our global fund partners.
Capital300
INVESTOR BOOK 33

KEY CONTACTS
Olaf Jacobi
Managing Partner
Email: olaf@capnamic.com
• Olaf carries over 20 years of experience as a manager, entrepreneur and
investor. Between 2007 and 2015, he was a partner and co-owner of Target
Partners. From 1999 to 2007, he founded and established multiple
prosperous startups, which led to several successful exits
Jörg Binnenbrücker
Managing Partner
Email: jb@capnamic.com
• Jörg is an attorney at law, studied Economics and has been active in the VC
scene for more than 13 years. Before setting up Capnamic, Jörg was the
founding partner and managing director of DuMont Venture and built up the
investment business of the DuMont media group.
Mobile attribution provider of choice for thousands of app creators around the world
SaaS for Enterprise Architecture trusted by leading brands
Online platform for the sale and purchase of luxury watches
Full Portfolio • www.capnamic.com/companies
Offices Cologne, Berlin
Active Markets Austria, Germany, Switzerland
Founded 2013
Use of Debt No
AUM n/a
Target Geographies Austria, Germany Switzerland
Target Sectors
Marketplaces, FinTech, Health, Marketing,
Analytics, Digital Services, Digital
Infrastructure, Digital Transformation, B2B
Solutions
Key Investment Criteria Team, Timing, Technology
Website www.capnamic.com
Contact Email info@capnamic.com
Capnamic Ventures (www.capnamic.com) is one of Europe’s leading early-stage Venture Capital firms, with offices in Berlin and Cologne. The VC
invests most of its funds in tech startups in the German-speaking region. Beyond that, Capnamic joins forces with international co-investors. All
portfolio companies are supported through Capnamic’s global network of established industry partners.
The vast expertise of the Capnamic team includes more than 70 investments, a high turnover of successful trade sales and IPOs, as well as a strong
entrepreneurial track record within the investment team.
The general partners are Jörg Binnenbrücker (@bibrue), Olaf Jacobi (@olafjacobi) and Christian Siegele.
Capnamic Ventures
INVESTOR BOOK 34

KEY CONTACTS
Matthias Orlopp
Managing Director
Email: matthias.orlopp@check24.de
• Scout 24 (FinanceScout, Autoscout) MD & CFO
• CHECK24 MD & CFO
• CHECK24 Ventures MD
askCharlie is an online lead generation portal for local service providers
Gini extracts, structures and processes content from documents through artificial intelligence
Medilove is a comparison portal for cosmetic surgery procedures, including breast implants and facelifts.
Full Portfolio • www.check24.vc/en/#portfolio
Offices Frankfurt
Founded 2016
Use of Debt No
AUM n/a
Target Geographies Austria, Germany, Switzerland
Target Sectors
Marketplace, Media, Financial
Technology, Fianncial Services
Deal Structures Minority, Flexible
Key Investment Criteria Team, product
Website www.check24.vc
Contact Email ventures@check24.de
Contact Phone n/a
The CHECK24 Ventures team is made up of successful entrepreneurs and managers. Based on their experience and background CHECK24
Ventures can support ambitious entrepreneurs throughout their journey in growing their business. In the past CHECK24 Ventures has guided
numerous companies to their success and know the challenges that lie ahead. They are focused on early stage financing of young companies and
invest earlier than most other VCs. The goal is, together with the founders, to generate value from day one and as such do not only provide capital.
CHECK24 Ventures is successful when the backed founders are successful. They offer and combine the best of two worlds: they provide early
venture capital financing and also offer access to the CHECK24 network, its employees and their know how in the fields of IT, product and online &
offline marketing.
Check24 Ventures
INVESTOR BOOK 35

KEY CONTACTS
Christian Meermann
Founding Partner
• After some years at The Boston Consulting Group, Christian joined Zalando
as their first CMO. He then joined the Management Board of Peek&Clop and
was responsible for the company’s online business
Daniel Glasner
Founding Partner
• After several years with McKinsey Daniel co-founded CityDeal and led the
company as CEO until the acquisition through Groupon in 2010. Daniel is
founder of Quandoo, a SaaS company for restaurants that was sold to Recruit
Holdings in March’15
Filip Dames
Founding Partner
• Filip founded his first company in 2008, an online auction house for antiques
and collectibles. He then joined the founding team of Zalando and held
several executive positions.
AUTO1 Group is a used car purchaser based in Berlin
Caroobi is a vertical marketplace for instant booking of car repair and maintenance services
Enmacc aims to become the world’s leading OTC marketplace for energy trading by connecting all market
participants via a highly scalable tech-platform
Full Portfolio • www.cherry.vc/portfolio
Offices Berlin
Active Markets Europe, Israel
Founded 2012
Use of Debt No
AUM n/a
Target Geographies Europe, Israel, Turkey
Target Sectors Technology, Technology-enabled services
Deal Structures Flexible, Lead
Industry agnostic, early-stage, first
institutional investor, disruptive
technology, solve specific problem for
consumer
Website www.cherry.vc
Contact Email team@cherry.vc
Contact Phone n/a
They are entrepreneurs, focusing on seed stage companies and investing across Europe. The goal is to add value from day one, not just capital.
They are successful if their founders are successful. Cherry Ventures will do anything in their power to make that happen. They provide advice for
key strategic issues as well as day-to-day management tasks. They offer support to build-up strong functional units across the complete company
value chain and provide access to personal network for the recruitment of key positions. They also coach entrepreneurs, connect founders (with key
external partners especially in marketing, operations and IT) and support founders in preparing, running investor pitches, structuring deals (cash-for-
equity, media-for-equity, etc.) and in negotiating future financing rounds.
Cherry Ventures
INVESTOR BOOK 36

KEY CONTACTS
Luis Valdich
Managing Director
Email: luis.valdich@citi.com
• Joined Citi Ventures in 2015, previously Managing Director, Global Head of
Strategic Investments at J.P. Morgan and Consultant at McKinsey
• Companies: ClarityMoney (acquired by Goldman Sachs); Contguard;
HighRadius; and two that have not been announced yet, a vertically-focused
POS lender and a provider of personal finance analytics
Focus area: Financial Services & Technology
• Digital transactions management provider that automates and digitizes documents & transactions
• Publicly-traded.
Focus area: Commerce & Payments
• AI-powered Integrated Receivables SaaS platform. Optimizes cash flow through automation of receivables and
payments processes across credit, collections, cash application, deductions, and electronic invoicing and
payments.
Focus area: Data Analytics & Machine Learning
• Data science company that uses machine learning to prevent fraud in omnichannel commerce
Full Portfolio • www.citi.com/ventures/portfolio.html
Offices
4: San Francisco, Palo Alto, NY and Tel
Aviv
Active Markets North America, Europe, Israel
Founded 2010
Employees 10 in Venture Investing team
Current Fund Size Balance sheet-funded
Use of Debt No
AUM Not applicable
Target Geographies North America, Europe, Israel
Target Sectors
5 sectors:
Fintech (Financial Services &
Technology); Commerce & Payments;
Data Analytics & Machine Learning;
Marketing Technology & Customer
Experience; Security & Enterprise IT
Investment Style Passive
Deal Structures Standard VC terms
Fit within 5 focus areas (see above);
Strategic relevance (can bank be helpful);
$2mm annualized product revenue; high
growth
Website www.citi.com/ventures/focus.html
Contact Email luis.valdich@citi.com
Citi Ventures is the innovation engine of Citi, committed to conceiving, launching and scaling new initiatives with the potential to transform the future
of financial services. We accelerate innovation at Citi by investing in startups, piloting new technologies, and testing new solutions and business
models through our Citi Innovation Labs and Citi businesses.
Based in Silicon Valley, close to the disruptive forces that are reinventing industries and upending traditional business models, Citi Ventures analyzes
market signals to bring the best from the outside into Citi, and fosters bold ideas that set the conditions for innovative action.
We seek to deliver next-generation experiences for Citi’s customers by systematically exploring leading-edge topics from machine learning and
blockchain technology to new lending platforms and marketplaces.
Citi Ventures’ investing model features three characteristics focused on helping maximize startups’ potential: (1) Timeliness and flexibility; (2) Value-
add, leveraging Citi and its broader franchise for commercialization opportunities; and (3) Do-no-harm (e.g., no strings attached).
Citi Ventures
INVESTOR BOOK 37

KEY CONTACTS
Patrick Meisberger
Managing Director
Stefan Tirtey
Managing Director
Heiko Schwender
Senior Investment Manager
Paul Morgenthaler
Short-term loan provider to small businesses
Open API issuer processor platform
Cloud banking technology platform provider
Full Portfolio • www.commerzventures.com/Portfolio.html
Offices Frankfurt
Active Markets Europe, Israel, and the US
Founded 2014
Use of Debt No
AUM €30m
Target Geographies Europe, Israel, and the US
Target Sectors FinTech & Insurance
Team, market potential, execution,
defedable USP
Website www.commerzventures.com
Contact Email info@commerzventures.com
Contact Phone n/a
CommerzVentures is the corporate VC arm of Commerzbank and invests in FinTech and InsurTech companies across Western Europe, Israel and
the US. The partners aspire to work with the best entrepreneurs who can articulate why they can dominate a given market segment. The team
has >30 years of experience in venture capital. CommerzVentures invests in A-C round with a focus on B rounds.
CommerzVentures
INVESTOR BOOK 38

KEY CONTACTS
• Denis Shafranik
• Partner
• Email: denis@concentricteam.com
• 9 years in investment banking
• 8 years in VC technology investment
• Companies: PayasUgym, PSM, Neteven, Billetto, ChargeMaster, etc.
• Kjartan Rist
• Partner
• Email: kjartan@concentricteam.com
• 18 years in technology (founder, advisor, investor, Board)
• Companies: VOSS Solutions, Shazam, NetClean, Endeca, TopTable, etc.
Launches and operates used-car marketplace in emerging markets, including Nigeria, Chile, Pakistan, and
Indonesia
Workspace and office services provider building sector-focused, curated communities
Platform for management of short term rentals that allows homeowners to maximize rental income
Full Portfolio • www.concentricteam.com/investment-platforms/
Offices London, UK & Copenhagen, Denmark
Founded 2013
Employees 6
Use of Debt Yes
AUM c. €40m
Target Investment Size Up to €5m over life of an investment
Target Geographies Key innovation hubs of Western Europe
Target Sectors
Fintech, proptech, marketplaces, B2B
automation
Deal Structures Significant minority equity positions
Original, scalable and defendable
Category leaders
Post achieving product-market fit
Website www.concentricteam.com
Contact Email denis@concentricteam.com
Contact Phone +44 (0) 20 7839 8143
We are an open technology investment partnership, not a stereotypical VC, and we do not see ourselves as just financial investors, more as business
partners and builders
Adding value by active management and working with companies before and after investing
Focus on investment opportunities born out of changing customer behaviour / demands across a number of core sectors / verticals: fintech, proptech,
marketplaces, B2B automation
c.50 investments undertaken over past 15 years
Supported by long-standing family office co-investors
Concentric
INVESTOR BOOK 39

KEY CONTACTS
Philipp Thurn und Taxis
Managing Director
Email: thurnundtaxis.P@ciag.at
• Head of Constantia New Business & Member of the Board of Directors of
CIAG with international experience as consultant, manager and entrepreneur
in software and telecommunications among others. Executive Board at Efkon
AG and VP Global Corporate Development at SAP AG.
• Companies: bitmovin, swissto12
Sabine Fleischmann
Email: fleischmann.s@ciag.at
• Many years of working experience in IT, with main emphasis on software (e.g.
Microsoft, Sun, IBM), management tasks in consulting, sales and general
management. Coach and consultant. Experience with International Energy
Management.
• Companies: BENEnergy, VirtualQ, Aircloak
High quality video streaming technology over the web as Software-as-a-Service.
Pioneers the development of radio-frequency (RF) antenna, waveguide and filter products based on additive
manufacturing.
Aircloak enables high-fidelity analytics of sensitive datasets while strongly protecting individuals’ privacy.
Full Portfolio • www.ciag-cnb.at/#portfolio
Offices Vienna
Active Markets DACH
Founded 2012
Current Fund Size Evergreen ltd co
Use of Debt Exceptional
AUM n.a.
Target Geographies DACH, CEE
Target Sectors
Deep tech, SaaS, IoT, Robotics,
Advanced Materials
Deal Structures Various
B2B, Innovative technology with strong
USP and high scalability, After market
entry, First revenues
Website www.ciag-cnb.at
Contact Email thurnundtaxis.P@ciag.at
Contact Phone +43 1 588 45-0
Constantia New Business (CNB) is an independent sister company of Constantia Industries, headquartered in Vienna, Austria. The group is privately
owned and run, with a strong sense for diversification and international outlook. CNB is looking for outstanding and passionate teams working on
high-tech products addressing B2B industries. CNB invests into companies from DACH and CEE region in Post-Seed rounds with a ticket starting at
€500k.
Constantia New Business
INVESTOR BOOK 40

KEY CONTACTS
Christian Stein
Managing Director
Email: christian.stein@coparion.vc
• Managing Director at Coparion since launch. Previously Partner at Creathor
Venture, CFO at Zadego , BCG, IBM
David Zimmer
Managing Director
Email: david.zimmer@coparion.vc
• Managing Director at Coparion since launch. Previously Director at Quadriga
Capital and CEO at Altira AG
AI for robot autonomy
B2B marketplace for long-stay furnished appartements
Electronic Fleet Manager based on connected car
Full Portfolio • www.coparion.vc/en#tmpl-portfolio
Offices Cologne, Berlin
Founded 2016
Use of Debt No
AUM €225m
Target Sectors IT, Internet, High-Tech, Life Science
Deal Structures Minority, with co-investors
Key Investment Criteria „Traction“ – No seed funding
Website www.coparion.vc
Contact Email info@coparion.vc
Coparion is a pragmatic investor with an eye for the essentials and persistence for the long-run.
Coparion helps young technology companies achieve swift and sustained growth. With assets under management of EUR 225 million their team has
the means to do so. Coparion supports entrepreneurial vision with the know-how, but without intervening in daily business operations. Thanks to 25+
years of team experience in venture capital and in building companies, they discern potentials and open up new perspectives. They have the
substance, tenacity and creativity required to mutually manage difficult situations successfully. They only invest with other co-investors.
The focus is on the start-up and early growth phase. They appreciate initial successes, such as the sales and key accounts developed or successful
product launches. Per company they invest up to EUR 10 million, usually in several financing rounds of EUR 0.5-5 million each.
Coparion
INVESTOR BOOK 41

KEY CONTACTS
Johan Brenner
General Partner
johan@creandum.com
• Johan is one of Europe’s most experienced venture capital investors having
worked across a broad set of industries globally, built a number of successful
businesses as an entrepreneur, and as Partner in leading venture capital
firms
• Companies: i.a. iZettle, Klarna, Pleo, Bokio, Syft, Neo4j, Vivino, Planday
Photo
Simon Schmincke
Partner
simon@creandum.com
• Simon is a developer by heart and a venture capitalist by mind. German born,
Simon gained operational experience building three companies for Rocket
Internet, as well as investment experience with Earlybird Venture Capital
• Companies: i.a. Bllie, Comtravo, RFRSH, Tide, Taxfix
• World’s largest music streaming service. With Spotify, it’s easy to find the right music for every moment of your
day and in your life
• Number one solution for retail mobile payments and point-of-sale solutions in Europe and Latin America
• Vivino is the world's largest online wine marketplace, powered by a community of 30 million who use Vivino to
discover and buy wine
Full Portfolio • www.creandum.com/portfolio/
Offices Stockholm, Berlin, San Francisco
Active Markets Europe and North America
Founded 2003
Employees 15
Use of Debt No
AUM €435m
Target Investment Size €500k - €10m per round
Target Geographies Europe and North America
Target Sectors B2C and B2B, Software
Key Investment Criteria Possibility to scale globally
Website www.creandum.com
Contact Email n/a
Contact Phone n/a
Creandum is a leading early-stage venture capital firm investing in innovative and fast-growing technology companies. The Creandum Advisory team
is based in Stockholm, Berlin and San Francisco. The Creandum funds have invested in over 70 companies including being early investor in
companies such as Spotify, iZettle, Vivino, Kry, Neo4j, 8fit, Billie, Epidemic Sound, Xeneta, Klarna and many more.
Creandum
INVESTOR BOOK 42

KEY CONTACTS
Photo
Cédric Köhler
Managing Partner
Email: cedric.koehler@creathor.com
• 10+ years of VC experience, he is specialized in technology investments
• Member of the Venture Council of SECA and Co-Chair of Digital Chapter at
International Venture Club
• Companies: Allthings, HeyJobs, Humanoo, lengoo
Christian Weniger
Partner
Email: christian.weniger@creathor.com
• Early stage venture capitalist and Investment Manager at Creathor Venture
• Mentor at Techstars, Kauffman Fellows Class 23
• Companies: R3 Communications, Haja Networks, Wunderflats, iFunded
Software platform for residential & commercial property management
AI-enhanced DNA sequencing and analytics
Developer and producer of ultra-reliable real-time wireless communication systems and solutions
Full Portfolio • www.creathor.com/en/portfolio/
Offices Frankfurt, Zurich
Founded 2003
Use of Debt No
AUM €230m
Target Investment Size Up to €10m
Target Geographies
Germany, Switzerland, Austria, France,
Nordics
Target Sectors
Artificial Intelligence, Industry 4.0, Web
3.0, Digital Health, Life Sciences
Deal Structures Control, joint control, minority
Website www.creathor.com
Contact Email creathor@creathor.com
Creathor Ventures invests in technology-oriented, fast-growing companies in all stages of their development, especially in the fields of Artificial
Intelligence, Industry 4.0, Web 3.0, Digital Health and Life Sciences. The regional focus is on Germany, Switzerland, Austria, France and the Nordics.
From its offices in Bad Homburg (Frankfurt) and Zurich, the team of 17 staff actively supports more than 30 tech and life science companies in
development, growth and internationalization. Creathor Ventures’ management team consists of the Managing Partners Dr Gert Köhler, Karlheinz
Schmelig and Cédric Köhler, and the Partners Christian Leikert and Christian Weniger. The team has been investing successfully in start-ups for over
30 years and has conducted more than 20 international IPOs during that time. Creathor Ventures currently manages funds of more than EUR 230
million. As the largest investor in its funds, the management underlines its entrepreneurial orientation.
Creathor Ventures
INVESTOR BOOK 43

KEY CONTACTS
Johannes Heinen
Managing Director
Email: johannes@curiouscapital.vc
• Founder of StyleLounge
• Management Positions at Dreamlines and Goodgame Studios
• Master’s degree in Business Engineering (RWTH Aachen)
Joblift – Meta platform for jobs
Flits Music – Mobile streaming service with high definition sound
StyleLounge – Meta platform for fashion
Full Portfolio www.curiouscapital.vc
Offices Cologne
Founded 2017
Use of Debt No
AUM N/A
Target Sectors
Marketplaces, Media, Communications,
Education Technology, Analytics, Digital
Services, Hardware
Investment Style Flexible
Technology-driven USP, Scalability,
Seed/Early Stage, Team
Website www.curiouscapital.vc
Contact Email contact@curiouscapital.vc
Curious Capital is the corporate venture capital arm of Heinen-Verlag and was just established in 2017. Heinen-Verlag, founded in 1946, is a
Cologne-based publishing house with activities and history in regional print media.
Curious Capital is looking for seed and early stage investments in business models, products and/or markets, which anyhow fit to activities of a
modern media company. Critical criteria for an investment is a technology-driven USP.
We do minority investments (no strategic investments), but offer hands-on support in all business fields and provide access to the media industry.
Curious Capital
INVESTOR BOOK 44

KEY CONTACTS
Ankur Kamalia
Managing Director
Email: ankur.kamalia@deutscheboerse.com
• Head of Venture Portfolio Management at DBG. Previously Managing
Director at UBS, and Portfolio Manager at Polygon Investment Partners.
MBA - University of North Carolina at Chapel Hill.
Provider of collateral lending solutions, based on DLT technology, intended to enhance market transparency and
promote financial stability
Provider of multi-lateral and dimensional data compression platform designed for derivatives trading
Provider of a data lifecycle management platform designed to accelerate data discovery
Provider of software tools intended to offer innovative trade reporting and cost-effective compliance services
Offices Frankfurt, Germany
Active Markets Europe, USA
Founded 2016
Employees 4 – 10 (of which - in Europe)
Use of Debt No
AUM n/a
Target Geographies Global focus
Target Sectors
Capital Markets Technology (API, Cloud,
etc.) & CM Applications (trading, post-
trade, etc.)
Deal Structures (Significant) Minority
Key Investment Criteria Growth stage, strategic investments
Website www.deutsche-boerse.com/db1ventures/
Contact Email ankur.kamalia@deutscheboerse.com
DB1 Ventures’ is the Corporate Venture Capital arm for Deutsche Börse Group (DBG). DB1 Ventures aims to be a strategic partner of choice for
early to growth stage companies (bias towards Series A and above rounds), which are core or adjacent to DBG’s strategy, generate attractive
investment returns and add strategic value to our growth plans. The Group Venture Portfolio Management team manages DB1 Ventures and the
DB1 Ventures Investment Committee, which is chaired by the DBG CEO.
DB1 Ventures invests in the financial market’s underlying infrastructure rails; technologies expected to transform the existing stack the industry
operates on (i.e. Blockchain & Distributed Ledger Technology, Cloud Computing, Security, AI, Machine Learning and API) as well as capital market
applications which are built upon these rails (i.e. New Asset Classes, Trade Execution, Alternative Funding Platforms, Post-Trade Services,
Technology Rails and Investment Technology).
Deutsche Börse DB1 Ventures
CORE CLUSTERS OF FOCUS
INVESTOR BOOK 45

KEY CONTACTS
Thomas Preuß
Partner
Email: shonila.ubl@telekom-capital.com
• Thomas is a Partner at Deutsche Telekom Capital Partners in the Venture
Capital team. He is responsible for the European activities of the fund.
Thomas studied at the University of Hamburg and holds a master’s degree in
technical economics
Till Stenzel
Vice President
• Till has 10 years of energy experience, working in the industry, finance and
policy-making. He has deep experience with investment due diligence,
renewable energy project development, contract negotiations and business
development. He has worked in emerging markets in North Africa and has
been closely involved in raising finance and starting up new companies.
NGENA provides business with physical and virtual networks through hybrid VPN and
its innovative cloud technology
I-am-plus produces Dial, a voice-enabled smarcuff designed by i.am+, the tech company founded by musician and
entrepreneur will.i.am
Kumu Networks was founded by a team of Stanford Universiry Professors and Ph.D graduates to commercialize
research on Wireless Full Duplex, an innovative wireless transceiver design
Full Portfolio • www.telekom-capital.com/portfolio/
Offices Hamburg, Herzeliya
Active Markets Europe, Israel, UK
Founded 2015
Use of Debt No
AUM €1.5bn
Target Geographies Europe, Israel, UK
Target Sectors
E-Commerce and Financial Technology,
Communications, Marketing, Analytics,
Digital Services
Key Investment Criteria Predictability, product market fit
Website www.telekom-capital.com
Contact Email shonila.ubl@telekom-capital.com
DTCP provides venture capital, private equity, and advisory services to the technology, media and telecommunication sectors. Operating as a bridge
between Europe, Silicon Valley and Israel, the company connects people, capital, and ideas to accelerate innovation and provide value to its portfolio
companies, its limited partners, and the connected world.
Deutsche Telekom Capital Partners
INVESTOR BOOK 46

KEY CONTACTS
Photo
Nenad Marovac
Founder and Managing Partner
Email: nenad@dncapital.com
• Chairman of the Venture Capital Board of Invest Europe (from July 2018).
Partner at Advent International. MBA Harvard Business School. Focus on
marketplaces, SaaS, fintech, consumer mobile applications and digital
health
• Companies: Auto1, Shazam, Datanomic, Tourlane, HomeToGo, Tbricks,
Mister Spex, OLX, Purplebricks, Quandoo, Joblift.
Photo
Thomas Rubens
Partner
Email: thomas.rubens@dncapital.com
• Barclays M&A. University of Bristol. Focus on ecommerce, Marketplaces,
Software
• Companies: Auto1, Book a Tiger, Caroobi, HomeToGo, Quandoo, Finiata.
• C2B seller of used cars to dealerships using online to acquire inventory.
• One of the hottest unicorns of Europe.
• Valuation of €2.9 billion as of Softbank’s €460 million investment in January 2018.
• Leading search and business intelligence software company.
• Acquired by Oracle in 2011 for $1.1 billion.
• One of the most downloaded mobile applications of all time, over 100 million MAU.
• Acquisition offer from Apple.
Full Portfolio • www.dncapital.com/portfolio.html
Offices London, Menlo Park, Berlin
Active Markets Europe; US
Founded 2000
Current Fund Size €200 million
Use of Debt No
AUM $500 million
Target Investment Size €250,000 - €20 million
Target Geographies
75% Europe (UK, Germany, France
Nordics)
25% US & ROW
Target Sectors
Marketplaces, eCommerce, Fintech,
Digital Health, Enterprise Software &
SaaS; Digital Media; Mobile
Deal Structures NA
Key Investment Criteria Team, Market, Product, Traction and Deal
Website www.dncapital.com
Contact Email nenad@dncapital.com
Contact Phone +44 (0) 207 340 1600
DN Capital is a leading early stage venture capital firm which focuses on Seed, Series A and select series B investments in marketplaces,
software, fintech and digital health companies. The firm was founded in 2000 and has operations in London, Berlin and Silicon Valley. DN
Capital’s previous funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam
(one of the world’s leading mobile app), Auto1 (world's largest used car marketplaces), Purplebricks (IPO London) and Quandoo (sold to
Recruit). The professionals at DN Capital bring over 60 years of private equity experience to their investments, and actively work with
portfolio companies to steward their growth through the various stages of development.
Additional information about the firm and its portfolio companies can be found at www.dncapital.com
INVESTOR BOOK 47
DN Capital

KEY CONTACTS
Ben Tompkins
Managing Partner
Email: ben.tompkins@draperesprit.com
• Ben has been working with technology entrepreneurs and their investors in
Europe and the US all his career. Previously: Managing Partner at Eden
Ventures, a European early stage VC investor
• Companies: Aircall and Green Man Gaming
Crypto-currencies and other crypto assets present new security challenges for us all. Ledger has created a unique
solution: a hardware wallet. It keeps your assets separate from your phone or computer (both of which can be
easily hacked), so you can make transactions and check accounts securely.
Smart, fair currency exchange, for an internationally mobile world that's moving away from traditional banks and
their hidden fees. TransferWise is one of Europe's most successful fintech startups: over a million people already
use it, to transfer $1.2 billion each month. The company's raised $117 million from investors such as Andressen
Horowitz, Sir Richard Branson, Valar Ventures, and Max Levchin of Paypal.
The new world of work makes it more important than ever to keep employees engaged – an occasional bowl of fruit
in the office isn't going to cut it. Perkbox helps companies keep employees happy, by managing a whole range of
employee extras - from gym memberships to all-out multi-day experiences.
Full Portfolio • www.draperesprit.com/entrepreneurs/portfolio
Offices 3
Founded 2005
Employees 27 in Europe
Current Fund Size $1 billion equivalent
Use of Debt No
AUM N/A
Target Sectors
Consumer Technology, Enterprise SaaS,
Hardware & deeptech, Digital Health
Key Investment Criteria Stellar team, big market, disruptive tech
Website www.draperesprit.com
Contact Email projects@draperesprit.com
Contact Phone +44 (0)20 7931 8800
Draper Esprit is one of the most active venture capital firms in Europe, helping to build and invest in disruptive, high growth
technology companies. We believe the best entrepreneurs in Europe are capable of building the global businesses of the future, by
partnering with the global Draper Venture Network with VC funds in 22 countries. We fuel their growth with long- term capital,
access to international networks and decades of experience building businesses. Draper Esprit's portfolio includes global
technology leaders such as Trustpilot, Ledger, Perkbox, Revolut, and Graphcore. Recent successful exits include Grapeshot,
Clavis Insight, Tails.com, and Movidius.
Visit www.draperesprit.com
Draper Esprit
INVESTOR BOOK 48

KEY CONTACTS
Hendrik Brandis
Co-Founder and Managing Partner
Email: hendrik@earlybird.com
• Hendrik Brandis is co-founder and Partner at Earlybird. He was Co-Foun- der of
GMM and Project Manager at Messerschmitt-Boelkow-Blohm (now Daimler-
Chrysler Aerospace). Previously, Hendrik was Partner with McKinsey & Co. He
holds a Dipl.-Ing. (MSc equivalent) and PhD degree in Aerospace Engineering
• Companies: nfon, B2X, Videdressing, Medidate, Movinga, Onefootball, Simscale,
Christian Nagel
Co-Founder and Managing Partner
Email: Christian@earlybird.com
• Christian is Co-Founder and Partner of Earlybird. Prior to founding Earlybird, he co-
acquired various companies from the Treuhandanstalt and gained operational
experience. Before that, he worked as an Engagement Manager with McKinsey &
Co. He holds a Diplom-Wirtschaftsingenieur and a PhD degree
• Companies: Cashboard, Crossengage, N26, Shapeshift, smava
Shapeshift - Instant digital asset exchange supporting dozens of blockchain tokens
N26 - Banking product for smartphones
UiPath - Robotic software for business process automation
Full Portfolio • www.earlybird.com/portfolio/
Offices Berlin, Munich, Istanbul
Active Markets Europe, Turkey
Founded 1997
Current Fund Size
Earlybird Digital West Fund: €150m
Earlybird Health-Tech Fund: €100m
Use of Debt No
AUM €850m
Target Geographies Europe, Turkey
Deal Structures Minority, Lead
Disruptive business models or
technologies with forward looking lock-in
in large markets lead by an outstanding
team
Website www.earlybird.com
Contact Email info@earlybird.com
Earlybird is a venture capital investor focused on European technology companies. Founded in 1997, Earlybird invests in all growth and develop-
ment phases of a company. Amongst the most experienced venture investors in Europe, Earlybird offers its portfolio companies not only financial
resources, but also strategic and operational support as well as access to an international network and capital markets. With over EUR 850 million
under management, six IPOs and 22 trade sales, Earlybird is one of the most successful venture capital firms in Europe.
Earlybird
INVESTOR BOOK 49

KEY CONTACTS
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Ilja Reiner
Partner
Email: ilja,reiner@econa.com
In private equity and leveraged finance since 1998. Active as VC investor for
more than 5 years.
Photo
Bernd Hardes
Partner
Email: bernd.hardes@econa.com
Entrepreneur and investor since 1997. Co-founder of bmp Ventures and
ECONA AG, chairman of the board of foodspring and Ampere AG.
ECONA co-founded the European market leader in premium functional food in 2013 and provided all funds for the
first four years of operation
ECONA and a new management team bought the company out of insolvency, keeping thousands of pets happy by
securing their supply with premium fresh food
Medidate is the largest German full service provider for plastic surgery and recently acquired Medical One.
ECONA participated in two rounds of VC financing
• www.econa.com
Offices Berlin
Active Markets Germany, Austria, Switzerland
Founded 1999
Use of Debt No
AUM €75m
Target Geographies Germany, Austria, Switzerland
Target Sectors Anything consumer-oriented.
Deal Structures Acceleration, Minority, Majority, MBO, MBI
Key Investment Criteria People we like, businesses we understand
Website www.econa.com
Contact Email contact@econa.com
ECONA is your reliable partner for financing your company’s growth.
Since 1999 we have been helping many companies to grow successfully by taking on different roles, be it as a co-founder, business angel,
accelerator or plain vanilla VC. Our previous exits include companies like XING, MyToys, FINANZCHECK and smava.
ECONA
INVESTOR BOOK 50

KEY CONTACTS
Michael Treskow
Partner
Email: michael.treskow@eightroads.com
• Michael is a Partner at Eight Roads Ventures
• Previously, he was at Accel in London and Warburg Pincus in Francisco.
Michael received a BA from Yale University and an MBA from the Stanford
Graduate School of Business
Made is an online furniture retailer headquartered in London
Appsflyer is a mobile advertising attribution and analysis platform. Headquartered in Tel Aviv
NeoTechnology is a NoSQL graph database. Originally founded in Malmo, the company is currently headquartered
in San Francisco
Full Portfolio • www.eightroads.com/en/ventures/europe
Offices London
Founded 1998
Use of Debt No
AUM n/a
Target Sectors
Consumer Technology, Enterprise
Technology, FinTech
Deal Structures Majority, Minority
Website www.eightroads.com
Contact Email michael.treskow@eightroads.com
Eight Roads Ventures is a global venture capital firm that backs entrepreneurs with aspiration for greatness. Together with associated funds we
manage $4BN of capital across offices in the UK, India, China, Japan and the US. A near 50-year history of investing includes partnerships with
companies such as Alibaba, Appsflyer, CloudByte, Cúram, Future Advisor, InnoGames, iPipeline, Kensho, Made.com, Manthan Systems, Neo4j,
Nuance, Ping Identity, Prosper, Treatwell, Recurly, Wallapop and Xoom.
Eight Roads Ventures
Dominic Reardon
Investment Professional
Email: dominic.reardon@eightroads.com
• Dom is an Investment Professional at Eight Roads
• Prior to Eight Roads, Dom worked as an investment professional at AirTree,
an Australian VC fund
INVESTOR BOOK 51

KEY CONTACTS
Martijn Hamann
Partner
Email: martijn@endeit.com
• Martijn joined Endeit Capital at the start as Partner in 2006. Today, he is
responsible for deals in DACH, UK, Nordics
• Until 2006 he was a member of the Executive Director team of Endemol
Group, one of the world’s largest independent providers of content for
television & all other screens.
Global leader in advanced location / movement data technology
Luxury watches platform
Multi day travel tours booking platform
Full Portfolio • www.endeit.com/#companies
Offices Amsterdam, Berlin
Active Markets
Austria, Belgium, Denmark, Finland,
Germany, Norway, Sweden, Switzerland,
United Kingdom
Founded 2006
Use of Debt No
AUM €275m
Target Geographies
Austria, Belgium, Denmark, Finland,
Germany, Norway, Sweden, Switzerland,
United Kingdom
Target Sectors
E-Commerce, Marketplaces, Media,
Edutech, Travel & Transportation, Fintech,
Financial Services
Key Investment Criteria Growth Phase, Internationalisation
Website www.endeit.com
Contact Email martijn@endeit.com
Endeit Capital is an independent investment firm based in Amsterdam (NL) and Hamburg (DE). Since 2006, Endeit Capital has invested in 25 com-
panies in the Benelux, UK and Germany.
Endeit is backed by the founders amongst which serial entrepreneur Joop van den Ende, co-founder of Endemol, as well as by numerous founders of
previous portfolio companies, other successful (internet) entrepreneurs and by large institutional funds. The team also welcome and work with
experienced business angels to join as co-investors in individual companies. Entrepreneurship is at the core of Endeit Capital.
Endeit Capital
INVESTOR BOOK 52

KEY CONTACTS
Photo
Arne Halleraker
Principal
Email: arne@fjlabs.com
• Arne has been with FJ Labs for 2 years, and co-leads the investment arm. As
a Norwegian transplant to New York, Arne has strong links to both the
European and North American tech ecosystems. Previously he was Director
of Global Partnership with Telenor ASA ($32bn market cap
telecommunications company). Arne holds a MSc from the Norwegian
University of Science and Technology.
Logo
Car mechanic marketplace in Germany, with more tan 400 mechanics workshops throughout the country, servicing
all brands and models of cars
Logo
Pan-European online deposit marketplace, enabling European consumers to get the best deposit interest rate
available throughout the EU.
Logo
Photographer marketplace, enabling businesses like Airbnb and Expedia to rapidly get high quality images for the
services they offer, while giving photographers a good and reliable income doing what they love.
Full Portfolio www.fjlabs.com/portfolio
Offices New York
Founded 2015
Current Fund Size Evergreen, deploys ~$50M per year
Use of Debt no
AUM Evergreen
Target Investment Size $250k - $1m
Target Geographies US, Europe, Asia, South America
Target Sectors Marketplaces, SaaS, D2C brands, Fintech
$1bn potential value, valid business
model, unit economics, strong team
Website www.fjlabs.com
Contact Email arne@fjlabs.com
Contact Phone n/a
FJ Labs is a New York-based investment firm that builds and invests in online marketplaces and ecommerce companies. Founded by serial
entrepreneurs Fabrice Grinda and Jose Marin in 2015 as an extension of two decades of angel investing, FJ Labs been directly engaged in building
companies such as AdoreMe, Instacarro, Letgo, OLX and Rebagg. FJ Labs invests $50M per year across 60-90 investments and currently has more
than 240 active portfolio companies including Caroobi, Clue, Raisin, Farfetch, Meero, Fanduel and Uber. Successful exits include Delivery Hero, Eve
Mattress, Ticketbis, Alibaba and many others.
FJ Labs
INVESTOR BOOK 53

KEY CONTACTS
Oliver Kahl
Investment & Portfolio Manager
Email: oliver.kahl@fluxunit.eu
• With Fluxunit since 2017, previsouly Business Analyst at eCAPITAL
Blickfeld develop and sell LiDAR sensors and provide the software to interpret complex 3d point clouds.
Agrilution offers a complete vertical farming ecosystem consisting of a smart plug’n’play home-growing appliance
and consumables, as well as an App that eliminates the need for a green thumb. Thereby we enable you to grow
the healthiest, freshest most taste intensive greens in your own home.
Beaconsmind is a software provider based in Zurich, Switzerland and Munich, Germany. The company helps in-
store retailers digitalize their business models. As the first iBeacon full-service provider, the company use their
software beaconsmind Suite to drive sales, customer loyalty and revenues for clients in brick-and-mortar business.
Full Portfolio • https://www.fluxunit.eu/en/portfolio/index.jsp
Offices Munich
Founded 2016
Use of Debt No
AUM N/A
Target Investment Size N/A
Target Geographies N/A
Target Sectors
Smart city, smart building and industrial
applications
Deal Structures N/A
Website www.fluxunit.eu
Contact Email info@fluxunit.eu
Fluxunit is the corporate venture capital unit of OSRAM.
Acting as early stage investor, our goal is to engage with startups that develop innovative, scalable business models and technologies shaping the
world we live in.
Leveraging our corporate OSRAM heritage, we focus our investments on startups, where we can contribute to a startup’s success and value creation.
Consequently, our investment fields include the areas of smart city, smart building and industrial applications (e.g. sensors, horticulture, mobility,…)
Fluxunit – OSRAM Ventures
INVESTOR BOOK 54

Germany’s largest online estate agent with 85% market share, McMakler has seen the total volume of real estate
transactions increase fivefold in a just a year.
Leading European digital money transfer service within the growing c.$700bn global remittance market, Azimo
serves over 190 destination countries giving access to 5bn reachable customers in 77 different currencies.
Germany’s leading online tutoring provider, with over 75,000 ítems of digital learning content
KEY CONTACTS
Frog Capital is a leading scale-up VC, specialising in later Series A and Series B rounds, for software focused businesses across Europe. Frog is a
committed long-term partner, investing in ambitious companies with revenues up to €30m and requiring up to €20m of growth capital.
As ‘The CEO’s VC’, Frog Capital has a team of both experienced investors and former entrepreneurs who understand the challenges and needs
facing CEOs as they grow the business. By applying our developed ‘Scale-Up Methodology’ – informed from industry knowledge, entrepreneur
understanding, operating expertise and an extensive relationship network – Frog actively supports exceptional company growth and builds significant
shareholder value.
Frog’s experienced team has invested in over 100 companies, and in the last six years has exited companies with a total transaction value over €1
billion.
For further information, please visit www.frogcapital.com.
Frog Capital
Offices Kings Cross, London
Founded 2008
Employees 13 (all in London)
Use of Debt No
AUM €130m
Target Sectors
Software enabled technology across
multiple sectors
Key Investment Criteria Generating €3m-€30m of revenue
Website www.frogcapital.com
Contact Email jens.dueing@frogcapital.com
Contact Phone +44 (0)20 7833 0555
INVESTOR BOOK 55
• Mike Reid
• Senior Partner
• Ex-3i, with over 20 years’
PE/VC experience and
responsible for IR/Marketing
• Shirin Dehghan
• Senior Partner
• Telecoms software
entrepreneur, who founded
and exited Arieso for
c.$100m
• Steven Dunne
• Senior Partner & CFO
• Ex-Livingbridge, responsible for
portfolio monitoring
• Jens Düing
• Senior Partner
• Ex Apax and Pioneer Point
Partners, responsible for DACH
deal origination and B2C lead
• Martin Hauge
• Chairman
• Founding Partner of
Creandum and
successful European
VC investor: including
Spotify and iZettle

KEY CONTACTS
Adam Valkin
Managing Director
Email: adam@gcvp.com
• 20+ years technology investing in London and the U.S.; investor at General
Catalyst since 2013 (previously Accel and Arts Alliance); Harvard University
B.A.
• Select investments: Brainly, CCP, ClassPass, Deliveroo, Fundbox, Giphy,
Super Evil Megacorp, Rebagg, Remesh, Shift Technology, Vroom, and
WayUp
Addie Lerner
Principal
Email: addie@gcvp.com
• 7+ years technology investing; investor at General Catalyst since 2017
(previously General Atlantic and Goldman Sachs); Princeton University A.B.
• Companies: CoEdition, Remesh, Shift Technology
Airbnb is a community marketplace for people to list, discover, and book unique spaces around the world online or
from an iPhone device.
Deliveroo is an end-to-end food delivery service that brings high-quality local restaurant food to homes and offices
through a proprietary technology and logistics platform.
Stripe processes billions of dollars a year for some of the most successful companies and marketplaces on the
Internet, making it easier than ever to accept payments and manage an online business. Supporting startups to
Fortune 500 companies, Stripe powers the sharing economy, top mobile applications, and global software services.
Full Portfolio • www.generalcatalyst.com/portfolio/
Offices
Boston, New York, Palo Alto, San
Francisco
Active Markets United States, Europe, Israel
Founded 1999
Employees 75
Use of Debt No
AUM $5bn+
Target Geographies United States, Europe, Israel
Target Sectors Enterprise Technology, Consumer Internet
Deal Structures Minority / Lead
We back fearless entrepreneurs who are
building market leading technology
companies
Website www.generalcatalyst.com
Contact Email info@generalcatalyst.com
Contact Phone 617-234-7000
General Catalyst is a venture capital firm that makes early-stage and transformational investments. We back fearless entrepreneurs who are building
market leading technology companies like Airbnb, BigCommerce, ClassPass, Datalogix, Datto, Demandware, Gusto, The Honest Company, HubSpot,
KAYAK, Oscar, Snap, Stripe, and Warby Parker. With offices in San Francisco, Palo Alto, New York City and Cambridge, MA, our portfolio companies
benefit from a bicoastal network of talent, customers, and opportunity. For more: generalcatalyst.com.
General Catalyst
INVESTOR BOOK 56

KEY CONTACTS
Photo
Aljoscha Kaplan
Managing Partner
Email: ak@gmpvc.com
• Senior Consultant at Ernst & Young, Senior Business Developer at mayato,
Entrepreneur in Residence at M10-Partners
• Companies: ABOUT YOU, Momox, Clark, Job Today
Photo
Niko Waesche
Managing Partner
Email: nw@gmpvc.com
• Former Executive at GfK and IBM , VP and MD at Upfront Ventures, Angel
investor in company acquired by eBay
• Companies: ABOUT YOU
ABOUT YOU is Europe’s most inspiring and personalized fashion shop. Launched in 2014, it has achieved
significant growth in the German, Swiss, Dutch and Belgian markets.
Momox is Germany’s leading second hand platform, specialized on used media and entertainment.
Clark offers insurance services and the management of insurance contracts via mobile phone.
Full Portfolio • www.gmpvc.com
Offices Berlin
Founded 2011
Employees 5
Current Fund Size Approx €50m gross media p.a.
Use of Debt No
AUM €150m gross media invested
Target Investment Size €2m- 10m gross
Target Geographies
Germany, Switzerland, Benelux, France,
Spain
Target Sectors Consumer and ECommerce
Investment Style Passive with active support in media
Key Investment Criteria Ability to grow with media
Website www.gmpvc.com
Contact Email info@gmpvc.com
Contact Phone +49 30 609 847 838
Founded in 2011, German Media Pool is a leading, independent media for equity fund. We align the interests of high-growth consumer companies
with owners of premium media, covering TV, radio, print and out-of-home. By providing massive cross-media campaigns via a single contract partner,
consumer companies can accelerate their growth significantly. Media is provided at highly effective rates in exchange for equity. Next to Germany
and Switzerland, we access media partnerships in The Netherlands, Belgium, France and Spain – via partners or directly.
German Media Pool
INVESTOR BOOK 57

KEY CONTACTS
Name: Christoph Gerlinger
Title: Founder and CEO
Email: im@german-startups.com
• Serial Entrepreneur, IPO’ed three companies including CDV Software,
Frogster Interactive and German Startups Group, strong capital markets
network
• Companies: German Startups Group, German Startups Market, German
Startups Asset Management, Frogster Interactive, CDV Software
Name: Marcel Doeppes
Title: Head of IR, People and Projects
Email: marcel@german-startups.com
• Supported IPO of German Startups Group, General Manager of German
Startups Market and German Startups Asset Management, Degrees in
Economics of Goethe University Frankfurt, JGU Mainz and RUG Groningen
• Companies: German Startups Group, German Startups Market, German
Startups Asset Management, Ketchum, Goethe University Frankfurt
The AdTech startup remerge enables app providers to place ads through an integrated retargeting platform in more
than 350,000 other apps, according to the company. Thus, advertisers can reach, according to Remerge, up to
700,000 users worldwide per second.
Chrono24 is the global online market leader for luxury watches, based in Karlsruhe. Founded in 2003 by Tim
Stracke, Dirk Schwartz and Michael Kroska, the company is considered the first choice online for watch enthusiasts
as well as traders when it comes to new, pre-owned and vintage luxury watches.
Mister Spex is an online retailer for branded eyewear. Through the Internet, the company offers an extensive range
of high quality prescription glasses, sunglasses, and contact lenses at competitive prices. In addition to the broad
product range, price transparency and price savings, customers also benefit from free services such as eye tests
and the adjustment of glasses thanks to local partner opticians in Germany.
Full Portfolio • www.german-startups.com/index.php/about-us/#holdings
Offices Berlin, Frankfurt
Active Markets DACH
Founded 2012
Current Fund Size ca. €30m balance sheet
Use of Debt Yes
AUM ca. €30m balance sheet
Target Investment Size €50k– €2m
Target Geographies DACH
Target Sectors eCommerce, AdTech, FinTech/InsurTech,
Deal Structures Minority, secondaries
Team, Track Record (Serial
Entrepreneurs), Germany-based or
German-speaking
Website german-startups.com
Contact Email im@german-startups.com
Contact Phone +49 30-54908603
The German Startups Group, a publicly traded company comprises one of the leading VC providers in Germany with a digital agency employing 150
people in Berlin. With a focus on Germany’s young, fast growing companies – so called startups. Since starting operations in 2012, German Startups
Group has become the most active private venture capital investor in Germany (CB Insights 2015, Pitch-book 2016). With the launch of G|S Market™
the company operates a secondary market platform for tech assets since June 2018. Its majority holding, German Startups Asset Management
GmbH, will launch its own novel type VC funds in the future and provide SPVs for G|S Market™ on the buy side in order to enable several investors
to acquire larger investment opportunities through pooled investments.
German Startups Group
INVESTOR BOOK 58

KEY CONTACTS
The digital freight forwarder for the 21st century
Cloud-based platform that transforms the way real estate deals are done
A holistic HR management and recruiting solution for Startups and SMEs
Full Portfolio • www.crunchbase.com/organization/global-founders-capital
Offices Berlin, London, Paris, Munich
Founded 2013
Current Fund Size €1bn
Use of Debt Yes
AUM n/a
Target Sectors Technology, Technology-enabled Services
Deal Structures Minority, Lead
Team, category defining companies,
business with attractive economics,
scalable acquisition channels
Website www.globalfounderscapital.com
Contact Email contact@globalfounderscapital.com
Contact Phone n/a
Global Founders Capital is a fund ‘by entrepreneurs for entrepreneurs’. Our investment team consists of serial entrepreneurs, investment
professionals and operational experts with hands-on experience of founding dozens of companies globally. They love to invest in startups where they
can add real value. Through a previous fund their founding partners have already backed a number of transformational companies such as eBay,
Linkedin, Facebook, and many other successful Internet ventures. Through this fund they invest all over the globe, from Seed to Growth.
Global Founders Capital contributes with on-demand execution support for entrepreneurs who want to build category defining companies. Building
on top of Rocket Internet’s global network of experts, companies and supplier relationships they can provide detailed functional knowledge in areas
such as internationalisation, customer acquisition and the scaling of operations.
Global Founders Capital
Oliver Samwer
Partner
Daniel Jones
Partner
daniel@global
founderscapital.com
Matthias Müller
Partner
matthias@global
founderscapital.com
Levin Bunz
Partner
levin@global
Hugues De Braucourt
Principal
hugues@global
founderscapital.com founderscapital.com
INVESTOR BOOK 59

KEY CONTACTS
Photo
Dr. Christoph Lymbersky
Managing Partner
Email: Lymbersky@global-ventures.com
• Christoph is a serial entrepreneur who founded his first company – an IT
consulting business, at the age of 18. At the age of 20 he founded his second
company an Internet Service Provider and sold it two years later to a
competitor
Photo
Vincent Lauer
Venture Partner
Email: Lauer@global-ventures.com
• Vincent Lauer has a mix of experience having started his career at Barclays.
He also co-founded a Wearable Tech startup, designing a device that
calculated the fat burned during exercise, through measuring the levels of
breath acetone
Ensuring drug safety with blockchain technology.
Bankera is building a digital bank to last for the blockchain era
Full Portfolio • www.global-ventures.com/
Offices Hamburg
Active Markets
Austria, Belgium Czech Republic,
Denmark, Estonia, Finland, France,
Germany, Greece, Ireland, Israel, Italy,
Latvia, Lithuania, Netherlands, Norway,
Poland, Portugal, Russia, Spain, Sweden,
Switzerland, Turkey, UK
Founded 2017
Use of Debt No
AUM n/a
Target Geographies
Austria, Denmark, Estonia, Finland,
France, Germany, Ireland, Israel, Italy,
Poland, Portugal, Russia, Spain,
Switzerland
Target Sectors
Marketplace, Media, Communications,
Travel & Transportation, FinTech, Health,
Marketing, Analytics, Digital Services,
Offline Services, Hardware
Deal Structures
Majority, Minority, Flexible, Joint Control,
Lead
Key Investment Criteria depends
Website www.global-ventures.com
Contact Email info@global-ventures.com
Contact Phone n/a
We believe in technology driven companies in the areas of artificial intelligence, renewable energy and storage, mobility and aviation as well as IoT and
telecommunication. We support startups from round A on with an industry specific network, access to partners and clients, capital, know how and placement services.
GLOBAL VENTURES
INVESTOR BOOK 60

KEY CONTACTS
Reinhold von Ungern Sternberg
Managing Director
• Since 2017 Managing Director at GPS Ventures. Previously Head of JSC
“Kirovsky Zovod” representatitve office in Germany.
Dr. Albrecht Bochow
General Partner
Sinfosy – plug & play IoT solution for smart manufacturing and logistics
Teraki – break-through data processing and data quality enhancement software technology that enables
processing, storing and transmitting the growing data loads for (embedded) IoT applications.
Tandem – peer to peer language training app
Full Portfolio Upon request
Offices 2
Active Markets 4
Founded Active since 2014
Employees 8
Current Fund Size Currently 24 investments
Use of Debt n/a
AUM n/a
Target Investment Size
€1m - €1.5m first round
Follow-ons with larger ticket size
Target Sectors Various sectors, B2B, B2B2C
Investment Style
Project-specific
Active from 10% ownership
Deal Structures Minority. Lead or Co-investor
From seed stage
Traction / proof of concept
Network references
Website n/a
Contact Email anamaria.quijano@gps-ventures.vc
Contact Phone +49 160 9956 7038
GPS VENTURES is a venture capital firm, active since 2014. We invest with a long-term vision in tech startups in Germany and Europe, from seed
stage and with a follow-on commitment towards growth. The investors and the investment team have a strong entrepreneurial and industrial
background, and a hands-on culture with unbureaucratic decision making processes to support our founders. Our approach is to provide sufficient
funding in the first rounds while generating strong network effects and value through synergies across our ventures. The current portfolio includes 24
companies in a diverse number of investment areas such as: big data, Iot, FinTech, InsurTech, E-commerce, enterprise cloud services, social
software, biotech, e-mobility and investment funds, among others.
GPS Ventures
INVESTOR BOOK 61

KEY CONTACTS
Roma Ivanyuk
Managing Partner
Email: r@gr.capital
• 10+ years of experience in investment banking. Originated and closed 50+
deals both as a private entrepreneur and as the MD of the top Ukrainian
investment bank
• At GR Capital sets the fund strategy, leads the investments sourcing and
investor relation
Max Filippov
Principal
Email: mf@gr.capital
• 10 years of experience in corporate finance and private equity. 30+ various
advisory engagements for the clients, including M&A, capital raising, debt
restructuring, strategic consulting.
• At GR Capital supervises day-to-day operations, manages current
investments and helps sourcing new projects.
One of the leading providers of online food delivery platforms designed to order restaurant meals
Online international money transfer company that challenges the old fashioned, expensive ways of moving your
money around the world
Leading on-demand service that purchases, picks-up and delivers anything that is ordered through the app
Full Portfolio • www.gr.capital/investments
Offices Riga (Latvia), Kyiv (Ukraine)
Active Markets Europe, US
Founded 2016
Use of Debt No
AUM N/A
Target Geographies Europe, US
Target Sectors
Fintech, Insurtech, Foodtech, Mobility,
Adtech
Deal Structures Minority, Co-investment
Experienced team, strong traction,
defensible competitive advantage,
clear path to exit
Website www.gr.capital
Contact Email projects@gr.capital
Contact Phone N/A
GR Capital focuses on the Series A-C stages in Europe and the US. We prefer to invest in fintech, insurtech, foodtech, mobility, adtech. The
size of our fund is $30M, which we plan to expand to $150M in several years. We do not lead the rounds, we co-invest with strong lead
investors. Our typical ticket size is $1−5M. We help our portfolio companies with business development in Eastern European markets, setting
up the cost-efficient R&D offices in Ukraine, access to the latest payment technologies from our LP and our network of investors.
GR Capital
INVESTOR BOOK 62

KEY CONTACTS
Xanyar Kamangar
Founding Partner
Email: xk@griffoncapital.com
• Four years of EM tech investment track record on top of 8 years of TMT M&A
and IPO (Deutsche Bank London) and 9 years of successful entrepreneurship
experience. Iran 'Entrepreneur of year' award in 2003
Offices Tehran, Berlin
Founded 2014
Use of Debt No
AUM n/a
Target Sectors
Marketplaces, Travel & Transportation,
Financial Services
Key Investment Criteria Emerging local winners
Website www.griffoncapital.com
Contact Email n/a
Contact Phone n/a
MENA fund with a bit of a focus on unique opportunities in Iran post JCPOA. We've either invested in or helped key players in this market access
international capital in the last 4 years.
Griffon Capital
INVESTOR BOOK 63

KEY CONTACTS
Ariel Luedi
Founder
Email: ariel@hammerteam.com
• www.linkedin.com/in/arielluedi
The next Generation Delivery Model for GRC: Supervised Governance, Risk & Compliance (sGRC). A smart bundle
of GRC functionality, content, best practices and supervision
Squirro is an Advanced Search & Context Intelligence Solution that enables companies to turn meaningless data
into actionable insights
Internal communication to drive employee engagement for non-desktop workers
Full Portfolio • www.hammerteam.com/hammer-digital/
Offices Cham, Switzerland
Active Markets Germany, Switzerland, UK
Founded 2013
Use of Debt No
AUM n/a
Target Geographies Germany, Switzerland, UK
Target Sectors
E-Commerce Technology, Marketplaces,
FinTech, Marketing, Analytics
Key Investment Criteria Product market fit, team, technology
Website www.hammerteam.com
Contact Email ariel@hammerteam.com
Contact Phone n/a
The “Hammer Team” is the investment vehicle of Ariel Luedi. The mission is to support B2B software companies during their startup and growth
phase. Hammer Team provides its companies with venture capital but also with expertise in different areas required to grow a company (Sales Ops,
Product Management, Customer Success, Finance, Marketing, Legal, Tax or Branding). Ariel and his team have created a platform for those
companies to communicate openly, leverage synergies and find new ways of solving challenges
Hammer Team
INVESTOR BOOK 64

KEY CONTACTS
Megumi Ikeda
MD Europe, Hearst Ventures
Email: mikeda@hearst.com
• www.hearst.com/about/bios/megumi-ikeda
Gil Canaani
GM Israel, Hearst Ventures
Email: gcanaani@hearst.com
• www.hearst.com/about/bios/gil-canaani
World's first connected car services platform Marketplace for professional drone services
Ride-sharing service and software platform
AI-driven valuations for Comercial Real
Estate
A platform that monitor’s the world’s media
for business
LAIX
(Liulishuo)
AI-powered English language learning app
Full Portfolio • www.hearst.com/ventures
Offices New York, London, Tel Aviv and Beijing
Active Markets U.S., Europe, Israel and China
Founded 1995
Employees 10
Current Fund Size Evergreen
Use of Debt No
AUM N/A
Target Geographies U.S., Europe, Israel and China
Target Sectors
Mobility, Workplace 2.0, Human-Computer
Interaction, Consumer Subscription,
Marketplaces, CRE Tech
Deal Structures Lead/Co-lead/Follow-on
Key Investment Criteria Series A and later
Website www.hearst.com/ventures
Contact Email
mikeda@hearst.com
gcanaani@hearst.com
Contact Phone -
Since 1995, the Hearst Ventures team has invested globally over $1 billion in companies such as HootSuite, Netscape, Drone Racing League,
BuzzFeed, LAIX (Liulishuo), Netscape, GeoPhy, Amino, Dronebase, otonomo, Pandora, Roku, and Via.
Today we have a global team that invests in early-stage category leaders across a range of verticals including consumer subscription products, e-
commerce, human-computer interaction, marketplaces, transportation and mobility and workplace productivity tools. We write $2-$10m cheques in
series A and later rounds.
Our parent company, Hearst, is a privately-held US conglomerate with topline revenues of $11b. Hearst is the owner of newspapers, TV stations, pay
channels, magazines and a broad array of business media assets including Fitch Group; Hearst Health, a group of medical information and services
businesses; and transportation assets.
Hearst Ventures
INVESTOR BOOK 65

KEY CONTACTS
Dr. Alex von Frankenberg
Managing Partner
a.frankenberg@htgf.de
• Dr. Alex von Frankenberg became Managing Director of High-Tech
Gründerfonds in 2005. Prior to this, he was responsible for spin-offs from
Siemens Corporate Technology in his role as Venture Manager at the
Siemens Technology Accelerator (STA).
• Companies: eGym, locr, Outfittery
Dr. Michael Brandkamp
Managing Partner
m.brandkamp@htgf.de
• Dr Michael Brandkamp has been with High-Tech Gründerfonds right from
the very beginning and drafted a significant part of the business plan that
today still forms the basis of HTGF. He regards establishing HTGF as an
entrepreneurial challenge and at the same time a great privilege.
• Companies: Transinsight, AlsterScience, ImmunService
Orbex is a UK-based spaceflight company, with subsidiaries and production facilities in Denmark and
Germany. The company is constructing a completely re-thought and re-designed orbital launch vehicle, called
Prime, to deliver small satellites into Earth’s orbit. Orbex will launch orbital vehicles from the newly-announced
UK Vertical Launch spaceport in Sutherland in the Scottish Highlands as part of the main consortium.
eGym is going to digitalize the fitness industry. New strength machines have been developed that generate
the resistance electronically. These machines offer training methods that are 4 times more effective and
healthier than current training methods and push all data to the eGym web portal. The eGym personal fitness
portal targets end users with individual services around their training and health.
NFON AG offers a powerful hosted PBX (Private Branch Exchange) service. Customers enjoy all functions of
a “high-end” PBX, without the necessity of high investments. NFON AG is the first HTGF portfolio company
which successfully go public in May 2018.
• Full Portfolio • HTGF Portfoliomatrix
Offices Bonn / Berlin
Active Markets Europe, with a focus on Germany
Founded 2005
Use of Debt No
AUM N/A
Target Investment Size €1m (Seedround) up to €3m
Target Sectors Hardware, Software, Life Science
Key Investment Criteria Seed Funding
Website www.htgf.de/en/
Contact Email info@htgf.de
Contact Phone +49 228 823 00 100
Launched in 2005, High-Tech Gründerfonds (HTGF) is a powerful engine that drives the success of high- tech start-ups. Armed with expertise,
entrepreneurial spirit and passion, the experienced team of investment managers and start-up experts guide top companies on their journey from
launch to success. HTGF focuses on high-potential start-ups active in the sectors of software, media, internet, hardware, energy and automation, life
sciences and chemicals. With EUR 892,5 million in investment volume across three funds (EUR 316 million for HTGF III) and an international network
of partners, HTGF has already financed more than 500 start-ups.
To date, external investors have injected over EUR 1.7 billion into the HTGF portfolio via more than 1,300 follow-on financing rounds. HTGF has also
successfully sold interests in more than 100 companies. Investors in this public-private partnership include the Federal Ministry for Economic Affairs
and Energy, the KfW Banking Group, and Fraunhofer-Gesellschaft e.V., as well as 31 Investors from the German economy.
High-Tech Gründerfonds
INVESTOR BOOK 66

KEY CONTACTS
zalando - Europe’s largest online fashion company
Flixbus - Fastest growing European long-distance bus operator
Scalable Capital - Fully licensed automated robo-advisor for private wealth management
Full Portfolio • www.hvventures.com/portfolio
Offices Munich, Berlin
Founded 2000
Use of Debt N/A
AUM > €1bn
Target Geographies Mainly Europe
Target Sectors Digital Companies
Key Investment Criteria Market size, proposition, relevance
Website www.hvventures.com
Contact Email businessplan@hvventures.com
Contact Phone N/A
HV Holtzbrinck Ventures was founded in 2000 as the corporate venture arm of the Holtzbrinck Publishing Group. In 2010 HV Holtzbrinck Ventures
became an independent venture firm, raising funds from a strong network of international institutional investors.
Today, with more than € 1 billion under management, HV Holtzbrinck Ventures is one of the largest and most experienced independent European
early stage venture funds. For over 17 years we have believed in the disruptive potential of the Internet. During this time, funds managed or advised
by us have invested in over 160 companies, including great successes like Zalando, Delivery Hero, HelloFresh, Flixbus, SumUp, Scalable Capital,
and many others.
As reliable long-term partners, we support the founders in developing their businesses into large and sustainable companies. Besides HV Holtzbrinck
Ventures’ investment, we have a wealth of entrepreneurial, operational and financing experience. This approach has made HV Holtzbrinck Ventures
one of the most successful European venture investors.
HV Holtzbrinck Ventures
Jan Miczaika
Partner
jan.miczaika
@hvventures.com
Barbod Namini
Partner
barbod.namini
@ hvventures.com
Martin Weber
General Partner
martin.weber
@ hvventures.com
David Kuczek
General Partner
david.kuczek
@hvventures.com
Christian Saller
General Partner
christian.saller
@hvventures.com
Rainer Maerkle
General Partner
rainer.maerkle
@ hvventures.com
Christoph Jung
General Partner
christoph.jung
@hvventures.com
Jasper Masemann
Principal
jasper.masemann
@ hvventures.com
INVESTOR BOOK 67
KEY CONTACTS

KEY CONTACTS
Henry Morley
Director
Email: h.morley@i5invest.com
• Henry is Director at i5invest with a background in Corporate Strategy /
Finance and brings strong connections to the London tech scene and financial
services industry
Sotero Rodriguez
Senior Associate
Email: s.rodriguez@i5invest.com
• Business Development and M&A Advisor for i5invest, focused on deep tech
companies using computer vision & AR/VR technologies
Simona Huebl
Early Stage Board
Email: s.huebl@i5growth.com
• Simona is Director at i5growth and part of the early stage board at i5invest
with a focus on driving international growth of high potential European tech
companies
Full Portfolio • www.i5invest.com/deals/
Offices Vienna
Founded 2007
Use of Debt No
AUM n/a
Target Geographies Austria, Germany, Switzerland, UK
Target Sectors
Media, Communications, EdTech, Travel
& Transportation, Gaming, Gambling,
Health, Marketing, Analytics, Digital
Services, Hardware
Scalable software with a B2B focus and a
world class team
Website www.i5invest.com
Contact Email vienna@i5invest.com
Contact Phone n/a
i5invest is an international tech investor and business accelerator. We support start-ups and founders in industries we are very experienced in with:
- Seed Capital: We help you right from the start, and like being the first investors in your company
- Advisory & Supervisory Roles: We help seed stage companies become the next big thing
We have completed +100 international transactions & exits and operate out of our Vienna and Palo Alto offices.
i5invest
INVESTOR BOOK 68

KEY CONTACTS
Photo
Marco Zeller
CEO
Email: marco.zeller@ibb-bet.de
• Mr. Zeller is managing director of IBB Beteiligungsgesellschaft and of venture
capital fonds of IBB. He is also member of supervisory and advisory boards of
several Berlin based technology companies.
• Companies: Babbel, Outfittery, Thermondo, Blinkist
Photo
Roger Bendisch
CEO
Email: roger.bendisch@ibb-bet.de
• Mr. Bendisch is managing director of IBB Beteiligungsgesellschaft and of
venture capital fonds of IBB. He is also member of supervisory and advisory
boards of several Berlin based technology companies.
• Companies: Omeicos, Remerge, realbest, Dalia Research
Logo
Since 2007, Babbel has made learning languages fun, easy and accessible to everyone. The market-leading app
consists of high-quality courses available for iOS, Android and on the desktop. Babbel helps self-directed learners to
discover a new language, and motivates them to keep learning: the average customer continues with the app for more
than 12 months.
Logo
Thermondo is a manufacturer-independent one-stop-shop for comparing and changing residential heating systems.
Instead of waiting weeks for a plumbers quote, the customer has only to enter some data and directly receives a quote
with a fixed-price, thereby having the opportunity to compare a variety of manufacturers and service levels.
Logo
Outfittery (www.outfittery.de) is a new e-commerce concept for men who appreciate personal consultancy and stylish
clothes, without having to leave home. After registering, filling in a preferences profile and having a phone call with a
personal style expert, the customer receives an individual, handpicked selection of clothes packed in an outfit box.
Full Portfolio www.ibb-bet.de/en/portfolio.html
Offices Berlin
Active Markets Berlin
Founded 1997
Use of Debt No
AUM €252m
Target Investment Size €500k – €1.5m
Target Geographies Berlin
Target Sectors
ICT, Life Science, Industrial Tech.,
Creative Industries
highly scalable innovative technologies
and business models
Website www.ibb-bet.de
Contact Email venture@ibb-bet.de
IBB Beteiligungsgesellschaft (www.ibb-bet.de) provides innovative Berlin-based companies with venture capital and has established itself in Berlin as
a market leader in early-stage financing. The funds are used primarily for developing and launching innovative products or services and creative
business concepts. Currently, two funds managed by IBB Beteiligungsgesellschaft are in the investment phase: the VC Fonds Technologie Berlin,
with assets of 60 million EUR, and the VC Fonds Kreativwirtschaft Berlin, with assets of 40 million EUR. Both VC funds are subsidized by the
Investitionsbank Berlin (IBB) and the European Regional Development Fund (ERDF), managed by the State of Berlin. Since 1997, in consortiums
with partners, IBB Beteiligungsgesellschaft has provided more than 1.33 billion EUR to Berlin-based creative and technology companies, with IBB
Beteiligungsgesellschaft investing approximately 184 million EUR as the lead-, co-lead- or co-investor.
IBB Beteiligungsgesellschaft
INVESTOR BOOK 69

KEY CONTACTS
Tim Jungblut
Venture Partner
Email: tj@idinvest.com
• Tim joined Idinvest Partners in 2013 as Venture Partner. Specializing in
German-speaking markets, Tim draws on more than 20 years' international
experience in B2B business at industrial corporations, financial institutions
and venture capital funds. His primary focus is on high-growth areas like
sustainable energy, new mobility, innovative real estate and digital
technologies
End-to-end Internet of Things (IoT) and Machine to Machine (M2M) Services platform that enable mass scale
deployments, notably in smart grids/ energy management.
Artificial Intelligence-as-a-Service platform. Deep learning neural network software for non-connected devices (cars,
drones, toys, camera etc..): offers real-time learning, autonomous decision making and navigation.
The TrustInSoft Analyzer is an advanced static source code analyzer that performs comprehensive mathematical
analyses of software to find and resolve source code flaws.
Full Portfolio • www.idinvest.com/en/portfolio/tous-portefeuille
Offices Paris, Frankfurt, Shanghai
Active Markets Europe, US, Asia, Israel
Founded 1997
Employees >100
Current Fund Size Approx. €300m (Idinvest Smart City Fund)
Use of Debt No
AUM >€8bn, thereof approx. €2,4 bn in VC
Target Investment Size Approx. €1m - €15m in VC investments
Target Geographies Europe, US, Asia, Israel
Target Sectors
Energy, Travel & Transportation, Real
Estate, Financial Services, Analytics,
Digital Services
Deal Structures Minority, Flexible, Lead
People, performance, business model,
technology, etc.
Website www.idinvest.com/en
Contact Email contact@idinvest.com
Contact Phone n/a
Idinvest Partners is a reputed European mid-market private equity and venture capital firm. With more than EUR 8 bn under management, the firm
has developed several areas of expertise including venture capital transactions (more than EUR 2,4 bn u.m., >180 companies).
Our Venture Capital Smart City practice boasts 20 years of cumulative experience at Idinvest Partners in energy, mobility, real estate and digital
technology companies. We focus on exciting growth opportunities disrupting the energy, the transportation and the building sectors and which are
powered by the rapid adoption of data-driven services and digitalized solutions.
Amongst our strategic investors are EDF, PSA, SNCF, Total, Orange, Air Liquide, Michelin, Hager, Singapore Power et al.. Portfolio companies
include e.g.: Actility, Campanda, Enlighted, Firstfuel, Forsee Power, Habx, Neurala, Off-grid Electric, Ontruck, Organica, Sunfire, Sunrun, TrustInSoft,
etc..
Idinvest Partners
INVESTOR BOOK 70

KEY CONTACTS
James Nettleton
Principal
Email:
james.nettleton@inmotionventures.com
• With InMotion Ventures since 2016, previously Director at U+I
• Companies:Wluper, Zeelo, By Miles, Voyage and FATMAP.
Sebastian Peck
Managing Director
Email: sapeck4@jaguarlandrover.com
The fastest-growing rideshare company in the US, available in more than 350 cities. Reconnecting people and
communities through better transportation
Deploying self-driving cars in amazing communities. Voyage is building a world where anyone, anywhere can
summon a car directly to their doorstep and travel safely to their destination.
Innovative pay-by-mile car insurance. Rather than buy a traditional policy, sign up for a fixed cost to cover your car
while it's parked, then pay-by-mile for any journeys you make.
Full Portfolio • www.inmotionventures.com/portfolio/
Offices London
Active Markets Worldwide
Founded 2016
Use of Debt No
AUM n/a
Target Investment Size $100k – €5m
Target Geographies Worldwide
Target Sectors Mobility, transportation and travel
Investment Style Active – Dependent on company stage
Sector relevance, future impact, size of
opportunity
Website www.inmotionventures.com
Contact Email investments@inmotionventures.com
Contact Phone n/a
InMotion Ventures, Jaguar Land Rover’s Venture Capital arm, invests in businesses in the mobility, transportation and travel sector. We invest
globally from Seed to Series B.
InMotion Ventures
INVESTOR BOOK 71

KEY CONTACTS
Akselos is the creator of the world’s most advanced digital twin technology to protect critical infrastructure solutions
BigchainDB starts with a big data distributed database and then adds blockchain characteristics
Central platform for energy producers and consumers, combining energy management and monitoring
MOJIO is an open platform that enables users to connect their cars with other people, places, and things via
smartphone apps
Full Portfolio • www.innogy.ventures/#portfolio
Offices Berlin, Essen
Active Markets Europe, Israel, North America
Founded 2016
Use of Debt No
AUM €130m
Target Geographies Europe, Israel, North America
Target Sectors
New Energy, Smart City & Mobility, IoT,
Cyber Security
software-based, data-driven, utility of the
future business models
Website www.innogy.ventures
Contact Email ventures@innogy.com
innogy Ventures is the EUR 130m venture capital investment arm related to the innogy Innovation Hub, participating or leading series A and beyond
venture capital deals. Investment focus is on innovative and digital business models in North America, Europe and Israel which aim at sustainable
transformation in areas such as Energy, IoT as well as Smart City and Mobility.
Portfolio companies are supported with comprehensive market knowledge, assistance in business development and links to the widespread innogy
network in order to support their competitiveness and accelerate their growth.
innogy Ventures and the innogy Innovation Hub are funded by innogy SE, a leading German energy company, with revenue of around €43 billion
(2017), more than 42,000 employees and activities in 16 countries across Europe.
Innogy Ventures
INVESTOR BOOK 72
Mischa Wetzel
Investment Partner
mischa.wetzel @
innogy.com
Matthias Engel
Managing Partner
matthias.engel @
innogy.com
Veronique Hördemann
Investment Partner
veronique.hoerdemann @
innogy.com
Felix Krause
Investment Partner
felix.krause @
innogy.com
Thomas W. Thomas
Managing Partner
thomas.thomas @
innogy.com
Thomas Labryga
Investment Partner
thomas.labryga @
innogy.com

KEY CONTACTS
Tomasz Swieboda
Managing Partner
Email: tomasz.swieboda@inovo.vc
• Involved with the Inovo.vc fund since March 2014; the CEO of Inovo since
November 2014. He worked with major M&A transactions at Rothschild and
as an analyst for Penta Investments in transactions involving Empik & Media
Fashion. Former member of Empik’s Supervisory Board.
Booksy – a SaaS tool that allows the customers to book a health & beauty-related service through an application. It
also allows the business owners to manage their businesses using the booksy.biz application. Booksy’s main selling
point is a user-friendly calendar and software designed for smartphones – mobile first, tailored to the needs of the
service providers.
Brand24 offers its customers comprehensive services in online monitoring. This software allows for the analysis of
trends related to a brand or to individual keywords, which lets you plan marketing campaigns, and it also allows for
measuring the results of such campaigns and social media activities. This advanced technology also allows for
selecting the most influential and most effective (from the marketing point of view) authors who release information
on a sector and brands. The users are also able to generate comparative analyses of the basic data on the
monitored brands.
Full Portfolio • www.inovo.vc/en/portfolio/
Offices Warsaw
Active Markets Poland
Founded 2010
Employees 4 – 10 (of which all in Europe)
Use of Debt No
AUM n/a
Target Geographies Poland
Target Sectors
Gaming, Analytics, Digital Services
We support entrepreneurs who know that
sales are the most important step on the
road to success. We invest in companies
that generate revenue. We choose
companies with global, international
outlook.
Website www.inovo.vc
Contact Email tomasz.swieboda@inovo.vc
Contact Phone n/a
Inovo invests in Polish companies of the small and medium-sized enterprises sector. The Fund was raised from private limited partners, mostly
successful entrepreneurs, and was backed with the National Capital Fund’s financial resources.
Inovo.vc
INVESTOR BOOK 73

KEY CONTACTS
Photo
Chiara Sommer
Investment Director
Email: chiara.sommer@intel.com
• Chiara Sommer is Investment Director of Intel Capital EMEA based in Berlin.
She identifies, evaluates, and leads strategic transactions in Central, Eastern
and Northern European. Her investment focus includes Blockchain, IOT,
Robotics, Big Data, Mobility and AI.
The company develops eighteen rotor electrically driven helicopters.
Full Portfolio • www.intelcapital.com/portfolio/
Offices
Berlin, London, Tel Aviv, Moscow, Santa
Clara
Active Markets
Czech Republic, Finland, France,
Germany, Israel, Netherlands, Poland,
Russia, Sweden, United Kingdom
Founded 1991
Use of Debt Yes
AUM n/a
Target Geographies
Finland, France, Germany, Israel, Russia,
United Kingdom
Target Sectors
E-Commerce Technology,
Communications, Financial Technology,
Health, Analytics, Digital Services,
Hardware
Deal Structures Minority, Lead, Other
Technologies & products; Market
potentials; IP; Strategic alignment with
Intel
Website www.intelcapital.com
Contact Email n/a
Intel Capital invests in innovative startups targeting artificial intelligence, autonomous driving, workload accelerators, 5G connectivity, virtual reality
and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US $12.3 billion in 1,530 companies worldwide, and more
than 660 portfolio companies have gone public or been acquired. For more information, visit www.intelcapital.com or follow @Intelcapital
Intel Capital
INVESTOR BOOK 74

KEY CONTACTS
Thorben Rothe
Principle
Email: t.rothe@iriscapital.com
• Thorben is running Iris Capital's early-stage investment activities in the
German speaking countries
Erkan Kilicaslan
Managing Partner
Email: e.kilicaslan@iriscapital.com
• Erkan is mainly responsible for late stage and growth capital investments
across Europe, notably in the German speaking countries and Benelux, with a
strong expertise in digital media, communications and IT
A mobile marketing, leveraging a geolocation technology
Jedox is a business intelligence and corporate performance management solutions provider
MOJIO is an open platform that enables users to connect their cars with other people, places, and things via
smartphone apps
Full Portfolio • www.iriscapital.com/en/discover-our-investments
Offices Paris, Berlin
Active Markets Austria, France, Germany, Israel
Founded 1986
Use of Debt No
AUM €700m
Target Geographies Austria, France, Germany, Israel
Target Sectors
Marketplaces, Media, FinTech, Marketing,
Digital Services
Fast growing companies that are
reshaping entire industries: from Industry
4.0, IoT, Cybersecurity and 5G networks
to AI, Big Data, Cloud Computing and
Software Design
Website www.iriscapital.com
Contact Email contact@iriscapital.com
Contact Phone n/a
Iris Capital is a European venture capital funds’ manager specialized in the digital economy. It fuels entrepreneurs at various stages of maturity, from
early-stage to growth equity. With its deep sector specialization and extensive experience acquired over 30+ years, as well as the backing of its
corporate sponsors, Iris Capital provides active support to its portfolio companies, through its presence in Paris, Berlin, San Francisco, Tel Aviv,
Tokyo and Dubai.
IrisNext, Iris Capital’s new fund, includes for its first closing industry leaders such as Orange, Publicis and Valeo, joined by financial investors and
institutions such as Bpifrance and BRED Banque Populaire. Iris Capital investments include, among others, companies such as Adjust, Careem,
HappyCar, Kyriba, Open-Xchange, Mojio, Mopub, Netatmo, ReBuy, Scality, Searchmetrics, Shift Technology, Studitemps, Talend and Unu Motors.
For more information, visit www.iriscapital.com
Iris Capital
INVESTOR BOOK 75

KEY CONTACTS
CHRISTOPHE RAYNAUD
Cofounder & Managing
Partner
raynaud@isai.fr
Graduated from HEC business school in 1998 and HBS
Christophe started his career after at ChateauOnLine (Wine e-commerce startup). He left
ChateauOnLine to become an entrepreneur. He started a couple of companies : NetBoussole and
Samaris. Christophe decided to be a seed investor in 2005 after an Executive Education program on «
Building new Venture » at Harvard Business School. He worked with Saeed Amidi (Amidi Group/Amizad
Partners/PlugandPlaytechCenter) who is based in the US (Redwood City, CA). Back in Paris, he has
been the head of Paris Business Angel in 2007 and 2008 which he left to start ISAI.
THIERRY VANDEWALLE
Venture Partner Europe
thierry@isai.fr
Graduated from ESTP and HEC
Being an entrepreneur since the beginning of his career, Thierry was the founding manager of Wcube, a
digital marketing agency that he sold in 2007 to Publicis. Following the merger he became managing
director of Publcis Modem in Asia (Singapore and Shanghai). He is also an active and recognised
business angel (Drivy, Atelier Cologne, Videdressing, Ad4screen, PlayTMN,...).
Connecting people who need to travel with drivers who have empty seats
BlaBlaCar is a long-distance ride-sharing community that connects people looking to travel long distances with
drivers making the same journey, so they can travel together and share the costs.
The online custom trip specialist without intermediary
Evaneos.com is an online platform that helps conceive, estimate the cost and book a completely personalized trip
by relying on the advice and assistance of more than 1200 local agents established in the 160 destination country.
Personalized Beauty as a Platform
Prose is the first personalized haircare, powered by hair stylists. A true co-creation where client needs, stylist
expertise, and the highest quality ingredients come together to create a very personal haircare, freshly made in
NYC.
Full Portfolio
• VENTURE PORTFOLIO : www.isai.fr/en/venture/venture-portfolio/
• SEED CLUB & INTERNATIONAL PORTFOLIO : www.isai.fr/en/venture/seed-club-international-portfolio
• GROWTH/LBO PORTFOLIO : www.isai.fr/en/growth-lbo/portfolio/
Offices Paris, New York
Active Markets Europe – US
Founded 2010
Current Fund Size €75m & €150m
Use of Debt No
AUM €300m
Target Geographies Europe - US
Target Sectors
Marketplaces,
SaaS/big data/AI...
Deal Structures Equity (minority)
Differentiated projects founded by
ambitious teams, digital business models
with a progressive capital intensity
Website www.isai.fr/en
Contact Email info@isai.fr
Contact Phone +33 (0)1.55.37.70.90
Launched in 2010, ISAI is « the » French tech entrepreneurs’ fund gathering more than 250 entrepreneurs across the world. Almost 200
successful entrepreneurs, who have invested in ISAI, and more than 50 startup cofounders supported by ISAI share the collective ambition to
write great entrepreneurial stories.
ISAI invests in differentiated projects founded by ambitious teams that it rigorously selects and actively supports. ISAI means "different &
remarkable" in Japanese.
ISAI likes digital business models with a progressive capital intensity: marketplaces, adtech/martech, SaaS/big data/AI...
With €300m under management, ISAI Gestion, authorized by French regulator AMF, can fund and support high potential companies at early
stages (venture capital, €150k to €2m initial ticket with ability to follow on) or at more mature stages (growth equity, €5m to €30m investments).
ISAI Gestion is based in Paris and New-York.
ISAI GESTION
INVESTOR BOOK 76

KEY CONTACTS
Matthias Hornberger
CEO
• Matthias is CFO of Kizoo. He has been part of the senior management team
since the IPO of the AG in 2000. With his long-standing experience in the
investment sector and his comprehensive knowledge of typical features of
successful business models on the Internet, he is a competent reference
person for young founders. Matthias has extensive contacts in the high-tech
industry and numerous local and national networks
Babbel is the world’s first language learning app-A leader in the online language learning industry
Mambu enables banking institutions to rapidly create, launch and service loan and deposit products through its
agile cloud banking platform
Staffbase - It supports industry leaders with their own branded app to engage their diverse, disconnected and dis-
tributed workforce
Full Portfolio • www.kizoo.com
Offices Karlsruhe
Founded 2008
Use of Debt No
AUM €200m
Target Geographies Germany, Austria, Switzerland
Target Sectors
EdTech, Health, Digital Services, Financial
Services
Deal Structures Minority, Flexible, Joint Control
Committed entrepreneurial teams, clear
focus to build high growth products,
technical expertise product
Website www.kizoo.com
Contact Email ventures@kizoo.com
KIZOO helps young start-up teams grow by providing mentoring, seed and early stage financing in SaaS, Internet & Mobile Services and a growing
focus on Rejuvenation Biotech. Apart from the financial resources, KIZOO is happy to share their longtime experience in development, marketing
and product management.
Early Stage Financing
KIZOO is looking for committed entrepreneurial teams with a clear focus to build high growth products. If you are looking for financing please feel
free to send a presentation, a prototype login or anything else you think might be appropriate to highlight your venture to ventures@kizoo.com.
Kizoo Technology Capital
INVESTOR BOOK 77

Manu Gupta
Partner
INVESTORDESCRIPTION
SELECTEDPORTFOLIOCOMPANIES
KEYCONTACTS
Lakestar makes early and growth stage investments in technology-enabled businesses predominantly in Europe and the United States driven by
exceptional entrepreneurs. We enjoy investing with a specific focus on business models that can achieve global scale quickly.
Lakestar and its General Partners have historically invested in facebook, Spotify, Skype, airBnB, klarna, and King.com, and more recent invest-
ments include Oscar, Algomi, Teralytics, GoEuro, AngelList, Maker Studios, Taulia, Harry’s, Revolut, FiveAI, and HomeToGo.
The Lakestar team is on the ground in Zurich,Berlin, and London.
Spotify is a commercial music streaming, podcast, and video service that provides digital rights management–pro-
tected content from record labels and media companies
Oscar is a New York based technology-driven healthcare service and insurance provider for US citizens. It has been
created as a reaction to changes in the US healthcare environment, commonly known as the “Obamacare” program
Harry’s business model is to design and produce high-quality razors and shaving equipment and sell them at a com-
petitive price point despite high-quality design
Klaus Hommels
Founder
Stephen Nundy
Partner
Christoph Schuh
Partner
Dharmash Mistry
Partner
KEY CONTACTS
Offices London, Berlin, Zurich
Active Markets US, Europe, Asia
Founded 2012
Employees 25
Use of Debt Yes
AUM $550m
Early Stage: €1m - €10m
Late Stage: >€10m
Target Geographies US, Europe, Asia
Target Sectors
Internet and mobile technology enabled
businesses
Deal Structures Minority Shareholder
Outstanding Team / Entrepreneurs,
global scale
Website www.lakestar.com
Contact Email N/A
Contact Phone N/A
Full Portfolio • www.lakestar.com
Lakestar
INVESTOR BOOK 78
Ninja Struye de Swielande
Chief Communication Officer

KEY CONTACTS
Sabine Flechet
Director Innovation Fund
Email: sabine.flechet@leadxcapital.com
• Sabine is an experienced professional with background in strategy consulting,
private equity and investment banking, targeting investment opportunities in
growth stage companies in Europe
Full Portfolio
• We have ca. 50+ companies in the portfolio covering different segments of the value chain for food, retail and
hospitality technologies. In particular: Orderbird, Shore, Yoyo Wallet, Planday, smunch, Lunchio, Impala,
Zenchef
• Please see www.leadxcapital.com/portfolio/
Offices Munich, Düsseldorf, Paris, Berlin
Founded 2015
Use of Debt No
AUM n/a
€100k - €250k (HoReCa Innovation)
€1m - €40m (HoReCa Investments)
Target Sectors
Hospitalitytech, Hoteltech, Foodtech,
Gastrotech and Retailtech
Deal Structures Minority & Majority
Digital transofmration in the target sectors;
disruptive, scalable, fast growing
businesses with traction in Europe
Website www.leadxcapital.com
Contact Email sabine.flechet@leadxcapital.com
Our mission is to accelerate digitalization of the hospitality, retail and food industries and their value chain by investing in fast-growing, disruptive
digital solutions. We invest in pioneering products and services, like:
• PLATFORMS: Sector specific platforms/ drive efficiency gains
• PROCESSES: Value chain optimisation/ significant cost reduction
• TECHNOLOGY: Cutting edge digital solutions/ payment centric solutions
WE LOOK FOR
• companies that have the potential to become category leaders in their sectors
• proven business models with demonstrable traction and fast growth rates at investment
• businesses that can scale in a capital efficient manner
• focus on the European market
WE FOCUS ON
• investments into METRO Accelerator graduates as well as more mature investments with > €1 mio. revenue
• venture through to growth through to buyout opportunities with investments of up to €40m per company
• high flexibility in terms of deal structures
• financial returns and we are looking for situations where we can drive value through leveraging the relationship to METRO and HOSPITALITY
digital and their customers
• European based business growing internationally as well as non-European business looking to expand into Europe
LeadX Capital Partners
INVESTOR BOOK 79

KEY CONTACTS
Pascal Levensohn
Managing Partner
Email: pascal@levp.com
• Pascal is the founder Levensohn Venture Partners (LVP) and the CEO of
Generation Strategic Advisors LLC (GSA); he has held both positions since
1996. Pascal joined Dolby Family Ventures, L.P. as a Managing Director in
2014 after advising the Dolby family on its direct technology investment
portfolio since 2012.
Akros Silicon is a fabless semiconductor company developing power management ICs that facilitate remote
network-based energy management.
ShotSpotter, a public company, pioneers in gunfire detection and location technology and is used by more than 90
cities.
Full Portfolio • www.levp.com/news/portfolio/
Offices San Francisco
Active Markets n/a
Founded 1996
Use of Debt No
AUM $200m
Target Sectors n/a
Deal Structures n/a
Website www.levp.com
Contact Email n/a
LVP currently advises and co-manages three early stage venture capital funds. These funds follow three prior venture funds that invested over $200
million in emerging companies since the firm's inception in 1996.
In one of these direct venture capital investing roles, Pascal Levensohn joined Dolby Family Ventures in 2014 as a Managing Director. Andrew
Krowne is a Principal at Levensohn Venture Partners who joined the firm in 2014. He is an active member of the investment team across all of the
direct investing and advisory activities of the firm.
In addition to direct investing, Levensohn Venture Partners advises a select group of family offices in the roles of Chief Investment Officer and
Strategic Advisor, overseeing a wide range of direct investments ranging from the wine industry to biotechnology.
LVP is no longer making new investments but continues to actively support its existing companies.
Levensohn Venture Partners
INVESTOR BOOK 80

KEY CONTACTS
Jeppe Høier
Partner
Email: jeppe.hoier@maersk.com
Jeppe has more than 10 years of experience for the VC industry from Sunstone
Capital in Copenhagen.
Emelie Stark
Senior Analyst
Email: emelie.stark@maersk.com
Emelie has a background in investment and financial market ananalysis from
previous roles with Bloomberg Intelligence, Blond Capital and most recently
Honos Capital as a Financial and Venture Analyst
Emelie holds a Masters degree in Finance from Trinity College Dublin
Telesense is a B2B company offering IoT solution with automated monitoring & alerts to alleviate grain loss and
optimize time of sale versus market pricing
Loadsmart is a U.S. based freight-booking company providing a digital platform for efficient FTL and LTL freight
forwarding by leveraging data and automation
Spoiler Alert addresses food waste through inventory analytics allowing for actionable insights through software,
which enables decisions to sell, donate or other use, prior to being wasted
Full Portfolio N/A – We have not created one yet
Offices Copenhagen
Active Markets Europe, U.S.
Founded 2017
Use of Debt Yes we have but will we going forward?
AUM $100m
Target Geographies Europe, U.S.
Target Sectors Transport & Logistics, AgriTech
Deal Structures Majority, minority, etc.
Website www.growth.maersk.com
Contact Email dealflow@maersk.com
Growth is Maersk’s launchpad for new ventures.
We are an active investor who build, partner with and invest in early-stage ventures with the potential of creating exponential growth within
transport & logistics and defining the future of trade. We connect startups and ideas with operational expertise and world-class infrastructure
through the Maersk offices and 80.000+ employees all over the world..
Growth is part of Maersk’s overall efforts to drive the transformation of the transport and logistics industry and shape the future of trade. We
work to break down barriers for global trade and secure supply chains. As a global integrator, we address and help solve major challenges in
our industry.
Maersk Growth
INVESTOR BOOK 81

Nikolas Krawinkel
Principal
Email: nikolas@Mangrove.vc
• Berlin representative
• 3 years of VC investing and former entrepreneur
• Current Portfolio: Badiapp, Adverity
KEY CONTACTS
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Hans-Jürgen Schmitz
Managing Partner
Email: hans-juergen@mangrove.vc
• Mangrove Co-Founder
• 18 years of VC investing
• Current Portfolio: Helpling, Outfittery, Storeking, Travelnest
Photo
Mark Tluszcz
Managing Partner
Email: mark@mangrove.vc
• Mangrove Co-Founder
• 18 years of VC investing
• Current Portfolio: FreedomPop, JobToday, Kang, Tailorbrands, Wix
Wix. world leading website creation platform. IPO in 2013.
Walkme. pioneer of a digital adoption platform to simplify the online experience through user insights, engagement
and guidance.
Kang, the personal health assistant. Using big data and AI, Kang is taking diagnosis to a new, more accurate level
for patients and doctors.
RedPoints, the Smart Solution for Brand Protection.
Advanced algorithms detect, monitor and remove piracy and counterfeits.
Offices Luxembourg, Barcelona, Berlin, Tel Aviv
Active Markets Europe, Israel, US, India
Founded 2000
Employees 13
Use of Debt No
AUM €800m
Target Investment
Size
€500k - €15m
Target
Geographies
Europe, Israel
Target Sectors Software and Internet
Key Investment
Criteria
Category defining technologies,
Disruptive product or service,
Exceptional and ambitious founders
Seed and Early Stage
Website www.mangrove.vc
Contact Email deals@mangrove.vc
Contact Phone (+352) 26 25 34 1
Founded in 2000, Mangrove Capital Partners is an investment firm dedicated to finding and helping passionate, innovative entrepreneurs start
and grow global, disruptive companies. With successes such as Brands4Friends (sold to eBay),Skype (sold to eBay), Wix (IPO in October
2013), KupiVip (Russia's leading luxury e-commerce company) and FreedomPop (the leading free mobile internet provider in the US), the firm
has established itself as one of the pre-eminent early stage investment firms in Europe.
Mangrove chases bold, transformational ideas around Europe and Israel at he earliest stages and invests across a variety of sectors, with an
emphasis on business models and technologies that leverage the internet to address pervasive business or consumer problems.
Mangrove Capital Partners
INVESTOR BOOK 82

KEY CONTACTS
Daniel Wild
CEO
Email: wild@mountain-alliance.de
• CEO of Mountain Alliance AG and Mountain Partners AG (Switzerland)
• Serial entrepreneur and digital investor.
• Founder of getmobile AG (IPO) and early investor in XING, Trivago & many
more
Manfred Danner
COO
Email: danner@mountain-alliance.de
• COO of Mountain Alliance AG
• Formerly Director of Investment Management of renowned listed international
FMCG company.
Volders acts as digital contract manager and broker for insurance contracts and most other consumer contracts.
AlphaPet digitalizes the market pet supplies through several e-commerce platforms and is the largest independent
online provider of premium pet supplies in Germany.
Promipool is the second largest independent online people-medium in Germany.
Full Portfolio • www.mountain-alliance.de/portfolio
Offices Munich (Germany)
Active Markets Germany, Austria, Switzerland
Founded 2010
Use of Debt Flexible
AUM N/A
Target Sectors Adtech, Edutech, Fintech
Key Investment Criteria Team, Market, Technology
Website www.mountain-alliance.de
Contact Email ir@mountain-alliance.de
Contact Phone N/A
Mountain Alliance AG (MA) formerly Ecommerce Alliance AG is a publicly listed active investment company with HQ in Munich, Germany (ISIN
DE000A12UK08).
Our mission is to operate lean, decide transparent and act value-adding. We allocate our funds exclusively to the sector we know best. As of
today, we hold portfolio companies in three segments:
• Meta Platforms
• Value Added E-Commerce
• Digital Business Services
Through its listing MA enables its shareholders a simple access to a diversified portfolio of growth-stage digital assets.
Mountain Alliance
INVESTOR BOOK 83

KEY CONTACTS
Dr. Martin Kröner
Managing Director
Email: martin.kroener@munichvp.com
• MVP; Linde Group; agnion; thermotec
• Investment Manager for sonnen, Luxexcel, Electrochaea, Kebony, and COBI
Daniel Vukovic
Investment Associate
Email: daniel.vukovic@munichvp.com
• MVP; Horvath & Partners; Reichmuth & Co; Siemens
• Investment Associate for Electrochaea and Prolupin
relayr is a rapidly-growing IoT company providing enterprise middleware and IoT solutions (e.g. Equipment as a
Service) for the digital transformation of industries. As a thought leader in enterprise IoT, relayr enables
interoperability through industrial grade platforms.
sonnen is worldwide market leader for residential battery storage and operator of the largest energy sharing
platforms. The sonnenCommunity is a peer-to-peer network based on the blockchain idea for sharing self-
generated energy. Sonnen already supplies over 120,000 people globally with energy.
Luxexcel developed a turn key 3D printing solution for ophthalmic laboratories. The company offers a revolutionary
new approach to lens manufacturing and opens up new opportunities to differentiate and creates unique
customized ophthalmic products for VR & AR glasses.
Full Portfolio • www.munichvp.com/portfolio.html
Offices Munich HQ
Active Markets Europe & North America
Founded 2005
Use of Debt No
AUM €190m
€1m - €5m initial investments
€1m - €15m follow-on investments
Target Geographies Europe & selectively North America
Target Sectors
Transformative Technologies: Cleantech,
IoT, Mobility, Energy, Advanced Materials,
AI, and Robotics
Investment Style Active & Passive
Deal Structures Joint control & Minority
Scalability; Team Fit;
Transformative Technologies incl. 2nd
Story
Website munichvp.com
Contact Email info@munichvp.com
Munich Venture Partners is the high-tech venture capital specialist based in Munich, and one of Germany's largest. As an independent venture fund,
MVP concentrates on investments for leading-edge start-up companies with Transformative Technologies, which will fundamentally transform
established value chains. The investment focus is in Europe and on a select basis, beyond. Relevant sectors include: Cleantech, IoT, Mobility,
Energy, Advanced Materials, AI, and Robotics. MVP was founded in 2005 and is part-funded by the European Union and its Competitiveness and
Innovation Framework Programme (CIP).
Munich Venture Partners
INVESTOR BOOK 84

KEY CONTACTS
Nico Lumma
Managing Partner
nico@nma.vc
Sabela Garcia
Program Manager
sabela@nma.vc
Spectrm Is the easiest way to create powerful chatbots people love.
Video-livestreaming your event in flawless quality to multiple platforms like Facebook, Youtube, website, etc.
AdTriba allows advertisers to track, control and optimize their marketing activities across all digital marketing
channels.
Full Portfolio • www.nma.vc/portfolio
Offices 1
Active Markets Europe, Israel
Founded 2015
Employees 7
Use of Debt No
AUM n/a
Target Investment Size €50k
Target Geographies Europe, Israel
Target Sectors Media, Publisher, Ad-Tech
Investment Style active
Deal Structures n/a
Key Investment Criteria Great team
Website www.nma.vc
Contact Email info@nma.vc
Contact Phone n/a
Next Media Accelerator is an independent accelerator funded by more than 30 media outlets in Germany and Austria. NMA invests in early stage
mediatech startups from Europe and Israel providing innovative solutions to disrupt the media.
Next Media Accelerator
INVESTOR BOOK 85

KEY CONTACTS
Photo
Michiel Kotting
Partner
Email: Info@Northzone.com
• Michiel is a Partner at Northzone based in London. He was previously at
Accel, and also founded an AI company in Silicon Valley. Originally from
the Netherlands, he holds a degree in physics from Delft University and an
MBA from Harvard
• Companies: Personio, Catawiki, FreightHub, Aidence, Kahoot
Photo
Christoffer Norman
Investment Manager
Email: christoffer@Northzone.com
Full Portfolio • Northzone.com/investments
Offices London, Stockholm, Oslo
Active Markets Western Europe, Nordics
Founded 1996
Use of Debt No
AUM €1bn
Target Geographies Western Europe, Nordics
Website www.northzone.com
Contact Email Info@northzone.com
Contact Phone N/A
Northzone
Northzone is a European venture capital fund with offices in London, Stockholm, New York and Oslo. Founded in 1996, Northzone has raised eight
funds to date, and has been an early partner to many of Europe’s leading entrepreneurs, supporting the growth of companies such as Lastminute.
com, Stepstone, Avito, Spotify, iZettle, Zopa, and FuboTV.Weinvest in teams with global ambition, across Europe and the US East Coast.
Spotify is a digital music service that gives you access to millions of songs
The UK’s leading peer-to-peer lender, now building a next-generation bank.
Helping companies harness the power of reviews, and enabling customers to buy with confidence.
• Christoffer joined Northzone in 2017, based in Stockholm. Before this, he was
COO of Avito, the Russian classifieds company which sold to Naspers in 2015
at a $2.7bn valuation. Prior to this, he was at McKinsey. Christoffer holds a
degree from Stockholm School of Economics.
INVESTOR BOOK 86

KEY CONTACTS
Photo
Marc Del Din
Managing Partner
Marc.DelDin@NWZmedien.de
Photo
Dr. Christian Horneber
Sn. Investment Manager
Christian.Horneber@NWZmedien.de
Logo • FINANZCHECK.de is the independent online comparison site for personal loans and private financial products.
Logo
• Meetrics provides real-time data on ad impressions across all delivery channels, for Viewability, Ad Fraud, Brand
Safety and Audience Matching.
Logo • Nebenan.de offers neighbors a useful and secure platform for building and maintaining neighborly relations.
Full Portfolio • www.nwzonline.de/intern/nwz-digital/portfolio
Offices Oldenburg
Active Markets Media, Digital Media & Publishing Tech
Founded 2010
Use of Debt No
AUM N/A
Target Investment Size €1m - €7m+
Target Sectors
Digital Media, Classifieds, Content,
Platforms, eCommerce, AdTech
Digital media-related business model,
exceptional and ambitious team, proven
traction, defendable assets, series A+
Website www.nwz-digital.de
Contact Email Christian.Horneber@NWZmedien.de
Contact Phone +49 441 9988 9621
Venture Capital and Private Equity for Digital Winners
NWZ Digital is the corporate venture arm of NWZ Media Group. We view ourselves primarily as strategic investors. Every day we are driven by three
motives: increasing our digital know-how, leveraging the synergetic potential of our VC and PE investments and financial prospects. First and
foremost, we are not looking for fast exits, but for sustainably growing companies with a long-term perspective.
NWZ Digital
INVESTOR BOOK 87

KEY CONTACTS
Stéphanie Hospital
Founder & CEO
Email: stephanie@oneragtime.com
Stéphanie Hospital is the CEO and Founder of OneRagtime. Prior to this, she was
the Executive VP of Orange Digital, the Digital & New Growth Business Unit. She
has an extensive international and management background in the digital sector
with a proven track record in setting up and growing new ventures, investing,
building best-in-class teams and forming international partnerships. Stéphanie was
an Executive Director at Dailymotion until June 2015 as well as Vice Chairman for
IAB Europe.
Jean-Marie Messier
Co-founder
Email: jmm@oneragtime.com
Jean-Marie Messier is the Co-founder of OneRagtime. He began his career as
deputy chief of staff to the Minister of Economy from 1986-1988, in charge of one of
the first ever privatizations in France. In 1994, he joined the French conglomerate
Générale des Eaux as CEO, transforming it and becoming CEO of Vivendi
Universal until 2002. By creating Messier Partners in 2003, later becoming Messier
Maris & associates, he founded a successful investment bank operating from Paris,
London and New York.
+Simple – the robot-broker and leading business insurance distribution platform for professionals, SMEs and sole
traders. Major corporate players including top brokers (Malakoff Médéric, Verlingue, Gras Savoye, Marsh etc.),
leading banks (BNP Paribas) and pension funds chose +Simple for their tech platform and digital distribution.
Onoff – a revolutionary hybrid operator (combining traditional telecom technologies with advanced OTT services),
onoff have built the leading mobile app for enabling multiple phone numbers on a single device. onoff allows users
to manage multiple numbers from any country and from one physical SIM card and device and to switch them “on”
or “off” with one click. 2 million downloads to date with 1 billion SMS messages sent via the app.
Jellysmack – video creator, curator and publisher, delivers content on social media built on four verticals: football,
gaming, beauty and innovation. 170 million engaged users viewed over 20 billion minutes of video in 2018, sharing,
liking and commenting over 2000 times a minute.
Full Portfolio • www.oneragtime.com/portfolio
Offices Paris, Barcelona, London
Active Markets Europe and US
Founded 2016
Employees 20+ (of which all in Europe)
Current Fund Size
Crowdequity platform - €30 million backed
since inception
Use of Debt No
AUM n/a
Target Investment Size €500k - €2m+
Target Geographies
Europe and Israel
European founders abroad
Target Sectors
B2C & B2B2C across Content and
Entertainment, Gaming, Fintech,
Insurtech, Communication, Mobility, IoT
and more
Amazing teams, deep tech, disruptive and
innovative technology
Website www.oneragtime.com
Contact Email info@oneragtime.com
Contact Phone +33 6 75 65 25 55
OneRagtime is the venture platform. We select the most innovative tech start-ups from across Europe and Israel and back them, leveraging our
curated community of investors. In our unique VC as a platform model, our investors choose exactly which start-up they’d like to invest in and we take
care of the entire process – market analysis, terms negotiation and dedicated vehicle creation. Diversify your portfolio and invest seamlessly! Our
exceptional entrepreneurs are supported in their full journey to success through the power of our team and community: from capital to contacts, from
experience to operational resources. What’s more, we advise corporates in their digital transformations, unlocking opportunities both for them and our
start-ups. Our team: tech-savvy talent and experienced senior execs. Together, we’re harnessing the potential of innovation, driven by data,
technology and our incredible community!
OneRagtime in figures: 2 years, 500+ investors, 13 start-ups backed, 1 exit.
OneRagtime
INVESTOR BOOK 88

KEY CONTACTS
Giuseppe Donvito
Partner
Email: g.donvito@p101.it
• Technology investor
BeMyEye is a European crowdsourced in-store data as a service (DAAS) provider
Cortilia is the leading fresh food online retailer in Italy, offering the best products from local and other excellent
producers
BorsadelCredito.it is a online SME lending marketlpace
Full Portfolio • www.p101.it/en/portfolio/
Offices Milan
Active Markets
France, Germany, Italy, Netherlands,
Spain, UK
Founded 2013
Use of Debt No
AUM €130m
Target Geographies
France, Germany, Italy, Netherlands,
Spain, UK
Target Sectors
Media, EdTech, Travel & Transportation,
FinTech, Financial Services, Analytics,
Digital Services
Key Investment Criteria Minimum monthly revenues run rate €60k
Website www.p101.it/en/
Contact Email g.donvito@p101.it
P101 is a leading Venture Capital fund investing into Series A and B early stage companies operating in sectors like Digital, Fintech, Big Data,
Consumer, Media, Cybersecurity, Proptech, Regtech
P101
INVESTOR BOOK 89

KEY CONTACTS
Omri Benayoun
General Partner
obenayoun@partechpartners.com
• Omri Benayoun is General Partner at Partech, responsible for the Growth
fund. He joined in May 2014.
• He currently sits on the boards of Brandwatch, M-Files, EcoVadis,
SendinBlue and NA-KD.
Victor Huberson
Principal
vhuberson@partechpartners.com
• Victor Huberson is Principal at Partech, focusing on Growth investments.
He joined Partech in October 2017.
Global leader in social media listening and analytics
Online home furnishing retailer with HQ in the UK and expanding across Europe
The leading European marketplace for Do-It-Yourself
Full Portfolio • www.partechpartners.com/companies/
Offices San Francisco, Paris, Berlin, Dakar
Active Markets Europe, USA, Africa, SEA
Founded 1982
Employees 55 of which 46 in Europe
Use of Debt No
AUM $1.5bn
Target Investment Size Seed, Venture & Growth
Target Geographies Europe, USA, Africa, SEA
Target Sectors Tech & Digital across all sectors
Investment Style Active (hands-on)
Deal Structures
Majority, Minority, Flexible, Joint Control,
Lead
Key Investment Criteria Team. Market. Model. Momentum
Website www.partechpartners.com
Contact Email media@partechpartners.com
Contact Phone +33 1 53 65 65 53
Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar. We bring together capital, operational experience and
strategic support for entrepreneurs at seed, venture and growth stages across multiple continents, with over $1.3B investment capacity.
Investments range from $200K to $50M in a wide range of technologies and businesses for enterprises and consumers, from software, digital
brands and services, to hardware and deep tech across all major industries.
Companies backed by Partech have completed more than 20 initial public offerings and more than 50 strategic exits above $100M.
Partech
INVESTOR BOOK 90

KEY CONTACTS
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Andrin Bachmann
Partner
Email: andrin.bachmann@pitoncap.com
• Instrumental investor in QXL Ricardo
• Co-founder Glocalnet of (Swedish telco)
• Companies: Auto1, FanDuel, ManoMano, DocPlanner, Videdressing,
etc.
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Natasha Ratanshi
Principal
Email: natasha.ratanshi@pitoncap.com
• 2+ Years at Piton Capital, Previously M&A at Goldman Sachs
• AUTO1.com is an end-to-end marketplace for used cars
• FanDuel is the leading daily fantasy sports platform in the US
• DocPlanner enables patients to find great, local physicians online and book an appointment
Full Portfolio • www.crunchbase.com/organization/piton-capital
Offices London
Founded 2010
Use of Debt No
AUM N/A
Target Geographies Worldwide
Target Sectors Any
Deal Structures Any
Key Investment Criteria Online companies with network effects
Website www.pitoncap.com
Contact Email info@pitoncap.com
Piton Capital is a venture capital and growth equity firm based in London. It focuses on investments in online companies with network effects, such as
marketplaces and exchanges. Its founding partners have deep entrepreneurial and investment experience, and have been instrumental investors in
Betfair and QXL Ricardo, amongst others. Piton’s current portfolio includes companies such as Auto1, Fanduel, ManoMano, McMakler, RedBubble,
Watchfinder, BullionVault, Watchfinder, Docplanner and Booksy.
Piton invests from EUR 200k – 20m in network effects businesses across all stages.
Piton Capital
INVESTOR BOOK 91

KEY CONTACTS
Thies Sander
Founding Partner
Email: thies.sander@project-a.com
Thies is a founding partner at Project A. In this role, Thies is a trusted advisor to
Project A portfolio companies and oversees Project A's investor relations and
talent management activities. Thies is serving on the board of companies as for
example KRY, Spryker, uberall and Contorion.
Dr. Florian Heinemann
Founding Partner
Email: Florian.heinemann@project-a.com
Florian Heinemann is a founding partner at Project A, where he is responsible
for marketing, CRM and business intelligence. Prior to his current role, he was a
managing director at Rocket Internet (2007-2012). At Rocket, he was
instrumental in building Zalando, Global Fashion Group and eDarling/Affinitas.
Florian is serving on the board of companies as for example WorldRemit,
Eyeota, Opinary and CrossEngage.
Catawiki is a global online auction platform which unites buyers and sellers of special objects and collectibles in a
unique way. The company was founded in 2008, since 2011, Catawiki has been hosting weekly auctions for special
objects, from comic books to classic cars and everything in between. With millions of visitors from across the world
every month, Catawiki is the most trusted place for selling high-quality and hard-to-find objects online.
KRY is a digital health startup, providing its users a modern care experience by offering a digital healthcare center
where patients can meet a doctor via video. The app is developed for patients who need healthcare for medical
concerns that do not require a physical examination for diagnosis. KRY is an approved healthcare provider and is
therefore subject to the same rules and regulations as all other providers of healthcare in Sweden.
WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer,
smartphone or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high
street agents and charge unreasonable fees. Money can be received as a bank deposit, cash pick-up, Mobile
Money, or mobile airtime top-up. WorldRemit’s service is available to senders in 50 countries. It offers transfers to
more than 140 destinations across Europe, Asia, Africa, Australia and the Americas.
Full Portfolio www.project-a.com/en/portfolio
Offices Berlin
Active Markets n/a
Founded 2011
Employees 100
Use of Debt No
AUM €260m
Target Sectors Digital Technology
Investment Style Venture Capital
Deal Structures Seed / Series A
Website www.project-a.com
Contact Email investing@project-a.com
The Berlin-based investor makes use of €260m in assets under management to back early-stage companies in the digital technology space. Project A
is pursuing a unique operational VC approach that provides its ventures with capital, an extensive network and exclusive access to a wide range of
operational expertise. With its unique organizational structure featuring 100 operational experts, Project A offers its portfolio companies hands-on
support in the areas of Software Engineering, Digital Marketing, Design, Communications, Business Intelligence, Sales and Recruiting.
The portfolio includes companies such as KRY, Catawiki, WorldRemit, Spryker, Contorion, uberall and eyeota.
You can find more information at www.project-a.com and on the blog insights.project-a.com/.
Project A
INVESTOR BOOK 92

KEY CONTACTS
Nikolas Samios
Founding Partner
Email: nikolas@proptech1.ventures
• Nikolas Samios is Founding Partner of PropTech1 Ventures & Managing
Partner of COOPERATIVA Venture Group. He has participated in >100
venture transactions on both sides of the table & is author of the VC book
DEALTERMS.VC that has garnered overwhelmingly positive reviews by the
startup press.
Full Portfolio • www.proptech1.ventures
Offices Berlin
Founded 2018
Employees 4 – 10 (of which 9 in Europe)
Use of Debt No
AUM n/a
Target Sectors Real Estate
Deal Structures Majority, Minority, Lead
PropTech startups that optimize, digitalize,
and disrupt the real estate industry
Website www.proptech1.ventures
Contact Email info@proptech1.ventures
Contact Phone n/a
PropTech1 Ventures is the first venture capital fund focused on PropTech startups in Germany. For decades, the real estate industry has shied away
from true innovation, but now faces drastic change because of the advancing digitalization. This creates enormous opportunities for PropTech
startups that focus on the optimization, digitalization, and disruption of the real estate industry. PropTech1 Ventures is a joint project of the real estate
entrepreneur Marius Marschall and the COOPERATIVA Venture Group, thereby combining the expertise and access to market of leading experts of
the traditional real estate industry, the PropTech scene, as well as the venture capital sector.
PropTech1 Ventures
INVESTOR BOOK 93

KEY CONTACTS
Jens Pippig
Managing Director
Email: jens.pippig@prosiebensat1.com
• Jens is the Founder and Managing Director. Before that he was leading the
Group's strategy department. Prior to that, Jens spent eight years at
McKinsey & Company in Berlin and specialized in e-commerce, private
equity, and retail businesses. He also founded two succesful startups.
Peter Lauerbach
Investment Manager
Email: peter.lauerbach@prosiebensat1.com
• Peter is responsible for running and developing the ProSiebenSat.1
Accelerator Program. Before Peter joined the Accelerator team, he gained
experience in business consultancy and Startups like recently at OptioPay, as
well as in several international corporations like BMW and Walt Disney.
Fascinating company for food & beverage innovations
Urban sportswear
Metasearch for designer deals and vintage goods
Full Portfolio • www.p7s1accelerator.com/portfolio/
Offices Unterföhring, Berlin
Founded 2013
Use of Debt No
AUM n/a
Target Sectors
Retail, E-Commerce Technology,
Marketplaces, Travel & Transportation,
FinTech, Financial Services, Health,
Digital Services
Key Investment Criteria B2C, EUR 0.25m to 2.5m revenue p.a.
Website www.p7s1accelerator.com
Contact Email accelerator@prosiebensat1.com
Contact Phone n/a
We invest in B2C start-ups offering mass market relevant products or services, established a market proven business model and already gained
traction and revenues. We enable these start-ups to reach the mass market with a EUR 1.3m advertising volume (TV, Online Video, Digital-Out-
of-Home, and influencer campaigns) consequently accelerate their business to the next level.
Besides media volume, we also provide our start-ups with growth-related mentoring, office space in Berlin, as well as access to the extensive
network of the ProSiebenSat.1 Group – one of the largest media corporations in Europe.
INVESTOR BOOK 94
ProSiebenSat.1 Accelerator

KEY CONTACTS
Olga Zhilinskaya
Co-Founder & General Partner
Email: ozhilinskaya@qdventures.com
• co-founder of QD Ventures, previously research analyst and senior
investment banker, closely worked with leading technology companies
including DST (Digital Sky Technologies / Mail.RU), Naspers, Tencent and
others.
Olesya Zaychenko
Co-Founder & General Partner
Email: ozaychenko@qdventures.com
• co-founder of QD Ventures, previously worked for McKinsey and Sberbank
Group, Columbia MBA graduate
A leading meal kit provider which supplies fresh pre-portioned ingredients and recipes to its customers through
online subscription in US, Europe and Australia.
The first digital facility services company in Europe with a full service and supply solution for businesses
Offices Guernsey, UK
Founded 2015
Employees n/a
Use of Debt No
AUM n/a
Target Investment Size €1m - €6m+
Target Sectors
Software, Internet & Technology enabled
B2B and B2C platforms
Investment Style Active, Flexible
exceptional team; scalable business
model transforming sizable market;
operational excellence and unit economics
Website www.qdventures.com
Contact Email info@qdventures.com
Contact Phone n/a
QD Ventures is a venture capital investor focusing on companies with European origins, building global or pan-European scalable platforms
powered by internet and new technologies. We also invest in other markets including US and Israel.
We are building true partnerships with our portfolio companies focusing on providing them with operational and strategic support if/when
required. Our team combines multiple years of diverse experience in the industry including building one of the global technology leaders now
public; experience in different business aspects, such as strategy, business development, management and operations; fund raising, complex
M&A and IPO transactions.
We are flexible regarding stage and size of investment (starting from A and B rounds to later stage investments in both primaries and
secondaries).
QD Ventures
INVESTOR BOOK 95

KEY CONTACTS
Peter Niederhauser
Founder, Partner
Email: peter.niederhauser@redalpine.com
• Serial entrepreneur since 1986, co-founder of Miracle Software, Business
Angel
• Companies: N26, Juniqe, Trekksoft, Blackbill, Taxfix, Bexio
Michael Sidler
Founder, Partner
Email: michael.sidler@redalpine.com
• PhD in Life Sciences, Consultant at BCG, Business developer at Prionics,
CTI- startup coach
• Companies: Redbiotec, Medmira, Versantis, Lunaphore, Memo Therapeutics,
Genialis
Harald Nieder
Partner
Email: harald.nieder@redalpine.com
• PhD in Physics, Corporate Risk Advisory at BNP Paribas, FX Structuring at
Merrill Lynch, Business Angel
• Companies: Jodel, CarThrottle, Home, Zenjob, Morressier, Lemon One
Europe’s Most Modern and Entirely Smartphone-Based Bank
Zenjob is an automated, data-driven, full-service staffing platform
Taxfix is a tax software for mobile phones that explains tax issues in understandable words
Full Portfolio • www.redalpine.com/portfolio/
Offices Zurich
Active Markets n/a
Founded 2007
Current Fund Size CHF 150m
Use of Debt No
AUM CHF 150m
Target Investment Size CHF 500k – CHF 3m
Target Geographies
Europe (with focus on Switzerland &
Germany)
Target Sectors ICT, Health Tech
Eartly stage, highly scalable technology /
product, convincing founders
Website www.redalpine.com
Contact Email info@redalpine.com
Redalpine provides Venture Capital to highly scalable European start-ups. Our mission is to help talented entrepreneurs turn an ambitious vision into
reality by providing money, experience, coaching and door opening. Redalpine was established in 2007 by a group of successful serial entre-
preneurs, business angels and start-up coaches. Since the mid-eighties, they have co-founded and supported some of the most disruptive and
successful European high-tech start-up companies, including Xing, SoundCloud and Plazes. The three funds currently in operation have invested in
over 40 ICT and Health Tech companies with more than 20 exits.
Redalpine Venture Partners
INVESTOR BOOK 96

KEY CONTACTS
Benno Jering
Principal
bjering@redline-capital.com
• Benno is a Principal at Redline based in London
• He previously worked at two Tech-focused investment banks in London. Prior
to that he was with Credit Suisse, where he focused on M&A, Equity and
Leveraged Finance transactions in the TMT sectors. Benno holds a Business
degree from Warwick Business School
• Companies: iwoca, Anodot
iwoca offers flexible credit to small businesses across Europe
Weave Cloud simplifies deployment, monitoring and management for containers and microservices
Touch Surgery offers a mobile app to teach procedures digitally to the global surgical community
Full Portfolio • www.redline-capital.com/portfolio/
Offices London, Luxembourg
Active Markets North America, Europe & Israel
Founded 2014
Use of Debt No
AUM N/A
Target Geographies
North America, Europe & Israel
Target Sectors
Enterprise Software, FinTech, AI and
Robotics, Life Science Technologies
Team, IP, Growth, Track Record,
Market Potential
Website www.redline-capital.com
Contact Email london@redline-capital.com
Redline invests in fast-growing companies with differentiated technologies across North America, Europe and Israel.
Redline’s funds originate from Vladimir Evtushenkov, the majority shareholder and principal founder of Sistema, listed on the LSE. Sistema is one of
Russia’s largest publicly listed investment companies and has been investing in various technology segments for over twenty years.
Sistema is the majority shareholder of Mobile TeleSystems (MTS), listed on the NYSE. MTS is the leading telecommunications group in Eastern
Europe, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services. MTS services over 100 million mobile
subscribers. In addition, through its many portfolio companies Sistema also holds leading positions in a range of other sectors, including Media,
Radio, Security, Microelectronics, Healthcare, Retail, Pharmaceuticals, and Transportation.
Redline Capital
INVESTOR BOOK 97

KEY CONTACTS
Thomas Streimelweger
CEO
t.streimelweger@red-stars.com
• CEO & Founder red-stars.com data AG
• Chairman MAVOCO
• CEO, Chairman & Founder S&T AG, (IPO 1998, today TecDAX)
Wolfgang Fritz
COO
w.fritz@red-stars.com
• COO red-stars.com data AG
• CIO Tchibo Group
• IT Director Eduscho
• SAP Key Project Leader
• IT Consultant & Developer
Global IoT SIM management solution, integrated billing, cloudbased
Managed EDI services in the cloud
Ultra fast prototyping, Instant development of business application software
Full Portfolio • www.red-stars.com
Offices Vienna, Hamburg
Active Markets n/a
Founded 2000
Use of Debt No
AUM €200m
Target Investment Size > €1m
Target Geographies global
Target Sectors
B2B Software, IoT, Connectivity,
Processes
Deal Structures whatever works
Key Investment Criteria Scalablility, USP in technology
Website www.red-stars.com
Contact Email t.streimelweger@red-stars.com
We are an operative holding company, foussed on software in the spaces of B2B digitalization.
Aeras of interest:
• IoT
• EDI
• Processes, design and analyses
• Fast Prototyping
• Smart Contracts
• Social Media Analyses
• Industrial Platforms
• Copliance/Cloud
red-stars.com data
INVESTOR BOOK 98

KEY CONTACTS
Marcus Schroeder
Partner
Marcus.schroeder@redstone.vc
• Director Investment Banking, Merrill Lynch; Global Head of Automotive M&A,
Societe General; Global Head of Industrials and Automotive M&A, Santander
Bank; Director Investment Banking, Merrill Lynch
Bastian Faulhaber
Investment Manager
Bastian.faulhaber@redstone.vc
• Business Development, Rocket Internet Venture; Research Consultant,
goetzpartners; Entrepreneur
Offices Berlin (HQ), Helsinki, Zurich
Founded 2014
Employees 25
Current Fund Size Managing Multiple Funds
Use of Debt No
AUM Managing Multiple Funds
Target Investment Size €250k – €5m
Target Geographies Global with focus on Europe & DACH
Target Sectors
FinTech, PropTech, Mobility, Logistics,
Industrial IoT
Deal Structures Minority Investments
Key Investment Criteria Seed – Series B
Website www.redstone.vc
Contact Email info@redstone.vc
Redstone is a Berlin-based Venture Capital firm working with multiple corporate venture funds. We have reinvented corporate Venture Capital
through our VC-as-a-Service model, which connects industry leaders with ambitious founders.
Together with our industry partners, we activate corporate capital, knowledge and network to support our entrepreneurs in growing their
businesses.
Additionally to our investment service we provide tailored intelligence that empowers partners to make better-informed strategic decisions and
stay informed about future digital trends.
Redstone is run by experienced entrepreneurs and investors with deep roots in the German and European technology ecosystem. Our founding
partners have built and advised some of Europe's largest technology companies over the last two decades.
INVESTOR BOOK
Redstone
99

KEY CONTACTS
Piotr Kulesza
Cofounding Partner
Email: piotr@rta.vc
• General partner and founder of RTAventures VC
Typeform - cloud-based application for users to create and respond to surveys and other types of forms on any
device
Docplanner - online healthcare platform enabling patients to find local physicians online and book appointments
GoOpti is a long distance dynamic shuttle platform connecting passengers and transportation company between
small cities and airports
Full Portfolio • www.rtaventures.com/
Offices Warsaw, Berlin
Active Markets
Austria, France, Germany, Poland, Spain,
United Kingdom
Founded 2011
Use of Debt No
AUM €25m
Target Sectors Marketplaces, Health, Digital Services
Key Investment Criteria Working product with great engagement
Website www.rtaventures.com
Contact Email piotr@rta.vc
Contact Phone n/a
RTAventures VC is an early stage venture capital firm investing in online and healthcare undertakings. Apart from doing direct investments RTA.vc
invests also in other venture capital funds.
RTAventures VC did 29 new investments in last 6 years, plus over twenty of follow-ons. They made 8 investments in Germany, 5 in the U.S., 8 in
Poland, 1 in Spain, 2 in Slovenia, 1 in Austria, 1 in Ukraine and 3 in France. They are committed to supporting the entrepreneurs wholeheartedly
alongside other investors, in particular, Point Nine Capital from Berlin.
RTAventures VC is managed by Piotr Kulesza and Lubomir Jurczak.
RTA Ventures
INVESTOR BOOK 100

KEY CONTACTS
Photo
Name: Leonid Boguslavsky
Title: Founder & CEO
Email: lboguslavsky@ru-net.com
• https://www.linkedin.com/in/leonid-boguslavsky-b56696/
Photo
Name: Kirill Sheynkman
Title: Co-founder and General Partner
Email: sheynkman@rtp.vc
• https://www.linkedin.com/in/kirills
Datadog is a monitoring service that brings together metrics and events from servers, databases, applications, tools
and services to present a unified view of the infrastructure
FAASOS is a cloud kitchens operator primarily disrupting how people order and get food delivered on mobile
Founded in Berlin in 2011, Delivery Hero is a worldwide network of online food ordering sites, operating in 40+
countries and with over 150,000+ restaurant partners
Full Portfolio
• http://ru-net.com/
• https://rtp.vc/
Offices New York, Moscow
Active Markets United States, Europe, Russia, India
Founded 1999
Employees 11-25
Use of Debt No
AUM $750m
Target Investment Size Early stage 1-5M; Later stages 10+M
Target Geographies United States, Europe, Russia, India
Target Sectors
FoodTech, HealthTech, Mobility, AI, B2B
Saas, IoT, Entertainment (incl E-sport),
FinTech, PropTech
Founder-driven, growth potential,
meaningful idea, product
Website
http://ru-net.com/ and
https://rtp.vc/
Contact Email
info@ru-net.com
info@rtp.vc
Contact Phone +7(495)797-97-63, +1 (646) 568-7206
• RTP Global (established as ru-Net) is an international venture capital firm investing and supporting technology entrepreneurs
• Founded by Leonid Boguslavsky in 1999, ru-Net/RTP invested in 50+ companies around the world. Leonid was one of the first to provide financial
and expert support to major European technology companies, Yandex and Delivery Hero. Four of the companies in the portfolio went public with a
multibillion-dollar valuation
• RTP Global uses its industry expertise and global reach to help entrepreneurs develop their businesses and achieve leadership. It works alongside
the founders who can rely on the resources and support offered by the strong professional team
• RTP Global invests in the industries where it sees high potential for growth and has relevant expertise, such as AI, B2B Saas, IoT, FoodTech,
HealthTech, Mobility, e-Sport, PropTech, and e-Commerce
• RTP Global has offices in Moscow and New York
RTP Global
INVESTOR BOOK 101

KEY CONTACTS
Shan Drummond
Partner
Email: contact@samos.vc
June Angelides
Investor
Email: contact@samos.vc
An online stationery store
A customer insight and marketing automation platform
Charlotte Tilbury Beauty provides makeup, skin care & beauty collections.
Full Portfolio • www.samos.vc
Offices London, UK
Active Markets UK
Founded 2008
Employees 4 – 10 (of which 4 in Europe)
Use of Debt No
AUM n/a
Target Sectors
Retail, E-Commerce Tech, Marketplaces,
Media, Travel & Transportation, FinTech,
Gaming, Health, Marketing, Analytics,
Digital Services
Key Investment Criteria Early stage, high growth business
Website www.samos.vc
Contact Email contact@samos.vc
Contact Phone n/a
Samos invests across a range of sectors including consumer internet, digital media, e-commerce, retail, and financial services/technology. The
Samos Partners are also active angel/seed investors.
Samos Investments
INVESTOR BOOK 102

KEY CONTACTS
Schibsted Growth Stockholm
Email: stockholm@schibstedgrowth.com
Schibsted Growth Stockholm
Email: oslo@schibstedgrowth.com
Lendo offers consumers a free service for comparison of consumer loans and acts as a marketplace and broker of
consumer loans, for banks.
Prisjakt is an information and comparison service that helps consumers find the lowest prices and the products
most suited to their needs, from the best retailers.
Bynk is a mobile bank with an initial focus on consumer loans.
Full Portfolio http://schibstedgrowth.com/
Offices Stockholm and Oslo
Active Markets 9
Founded 1999
Employees n/a
Use of Debt No
AUM n/a
Target Geographies Scandinavia and Europe
Target Sectors
Fintech, Edtech, Healthtech, Price
comparison, Marketplaces
Deal Structures Control, joint control and minority
Website www.schibstedgrowth.com
Contact Email stockholm@schibstedgrowth.com
Contact Phone n/a
We help smart founders and winning teams to establish products or services, scale their business internationally, maximize growth
and ultimately to become market leaders. Working alongside entrepreneurs, we achieve that by providing cash funding and by
leveraging the gathered experience and resources within Schibsted Media Group to create synergies and unique competitive
advantages.
We look for disruptive, scalable and innovative business models that create unique value for consumers or businesses. A proven
business model and traction is an advantage. Over the years we've made investments in companies like Blocket, Prisjakt, Hitta,
TV.nu, Let's Deal, Lendo and many more. We have also been successful at scaling out concepts internationally, Blocket being the
most prominent example (launched across 30 markets). Please see our investments for more information about the Schibsted
Growth companies.
Schibsted Growth
INVESTOR BOOK 103

KEY CONTACTS
Wolfgang Krause
Venture Partner
• MBA and PhD degree from University of Munich
• 15 years experience in the information and telecom industry, both in business
development functions and as an early stage investor
• Companies: Payleven, Testbirds, From A to B. Webdata
Enables businesses to accept mobile payments with all major credit cards on their smartphone and tablet.
Tesbirds provides mobile apps and websites crowdtesting (bug and usability testing).
Customers are able to compare and book trains, flights, long distance buses and ride shares in one search.
Full Portfolio • www.seventure.fr/en/our-expertise/
Offices Paris, Munich
Active Markets France, Germany
Founded 1997
Use of Debt No
AUM n/a
Target Sectors FinTech, SaaS, Innovative services
Investment Style Active, Passive
Proven business model – no seed
investments
Website www.seventure.fr/en
Contact Email wolfgang.krause@seventure-vc.com
Seventure Partners finance innovation and participate in the entrepreneurial adventure alongside our entrepreneurs. The Seventure team shares the
passion to succeed. Established in 1997, Seventure Partners is a key player in European venture capital with more than €600m under manage-
ment. As an active partner of French and European technology firms with strong growth potential, Seventure Partners finances the development of
innovative companies. Seventure is an established European lead investor. With more than twenty employees, including about fifteen in the
investment team, Seventure Partners has demonstrable in-depth expertise in many areas of technology, entrepreneurship, fund raising and
corporate finance. Seventure has built an impressive investment track record over more than 10 years. The team has completed over 50 exits, 15 of
which were IPOs. Seventure Partners supports wealth creation and technological development in Europe: our active support has enabled the
creation of over 3500 jobs directly.
Seventure Partners
INVESTOR BOOK 104

KEY CONTACTS
Florian Pauthner
Managing Director
• Florian Pauthner is Managing Director of SevenVentures. Previous he served
as an M&A advisor for one of the biggest financial institutions of Northern
Europe and worked for a leading consultancy.
Philip Fischer
Senior Manager Equity
• Philip Fischer is Senior Manager Equity at SevenVentures. He gained industry
expertise in the M&A division of a top-tier US investment bank in London and
Africa. Further practical experience include a role as Associate Partner at a
Fintech start-up and management consulting.
Florian Weber
Director Media Investments
• Florian Weber is Director Media Investments. Prior to SevenVentures he
worked, among others, for a leading publisher & media group as well as a
leading international bank. He is a specialist for media impact analysis.
lieferando - Market leader in the field of home food delivery services
shopkick - Shopping app for smartphones and tablets that offers customers rewards for walking into stores
justfab - Online subscription fashion retailer that carries selections of shoes, handbags, jewelry and denim
Full Portfolio • www.sevenventures.de/en/portfolio-en
Offices Munich
Founded 2009
Use of Debt No
AUM n/a
Target Geographies
Global (companies entering the German
Market)
Target Sectors Consumer Goods
Key Investment Criteria B2C, Scalable, clear way to monezization
Website www.sevenventures.de
Contact Email info@sevenventures.de
SevenVentures is the leading TV media investor worldwide. As the investment arm of the ProSiebenSat.1 Group, SevenVentures is the ideal partner
for fast-growing B2C companies, particularly in the consumer goods, retail, and services sector, with the potential to achieve sustainable success
through the use of TV advertising. The example of Zalando has shown how a company can rapidly become a market leader or familiar brand.
SevenVentures also supports companies seeking international growth with media power, capital, and all the other services of the ProSiebenSat.1
Group. Together with the group network consisting of leading European media companies, they always find the right path to growth.
SevenVentures
INVESTOR BOOK 105

KEY CONTACTS
Newtec is a satellite technology company that designs, develops and manufactures highly innovative platforms for
the ‘ground segment’ of satellite communication systems targeting the distribution of (i) video / television, (ii)
telephony and (iii) data / internet over satellite.
Logo MariaDB is a Finland-based software company developing scalable open source database systems.
Itineris offers a fully integrated platform of software modules for utility companies.
Full Portfolio • www.smartfinvc.com/portfolio/
Offices Mechelen, BE and London, UK
Founded 2014
Use of Debt No
AUM €100m
Target Sectors Technology driven companies
Deal Structures Minority / Growth
Companies led by ambitious
entrepreneurs delivering growth in
disciplined way
Website www.smartfinvc.com
Contact Email tdepuydt@smartfinvc.com
SmartFin operates both early stage and growth stage investment vehicles targeting technology companies, headquartered in
Europe and the United Kingdom that display the potential for significant value creation. Our investments range from 0,5 million euro
to 12 million euro.
We are a strong value-added partner to our portfolio companies given the successful track record, expertise and complementary
experience within our team. We support our companies to become successful international leaders by accelerating the scaling and
monetization of their growth.
SmartFin
Photo
Jurgen Ingels
Founding Partner
jingels@smartfinvc.com
• Jurgen was the Founder and CFO of Clear2Pay, a leading payments technology company. Under his leadership,
he grew the company to one of the world leaders in payment software with more than 1,200 employees in 14
countries and successfully sold the business to FIS for 400 million euro in October 2014. Jurgen started his
career as Investment Manager with Dexia Ventures (previously Quadra Invest), where he focused on investing in
early stage companies.
• He currently holds Board positions at several technology companies such as Materialise (NASDAQ: MTLS), Itiviti,
NGData, Itineris and Projective and is the founder and Chairman of start-ups.be. Jurgen holds a Masters degree
in Political and Social Sciences and an MBA from the University of Antwerp.
Photo
Thomas Depuydt
Managing Partner
tdepuydt@smartfinvc.com
• Thomas Depuydt joined the Smartfin team in 2017. Previously, Thomas worked as a Portfolio Manager for iMinds
(now part of imec), where he managed the portfolio of 100+ companies. Before that, Thomas was active in
management consulting at Accenture and at Bain & Company as part of their private equity practice.
• Thomas studied Economics at University of Leuven and Computer Sciences at University of Ghent and holds an
MBA from Columbia Business School.
INVESTOR BOOK 106

KEY CONTACTS
Oliver Holle
CEO
• 20+ years in technology, Serial Founder, Founder of Speedinvest
• Companies: Wikifolio, Sipwise, Shpock, Adverity
Michael Schuster
Partner
• 15+ years in IT and enterprise software, Co-founder of Speedinvest
• Companies: Flaviar, Bitmovin, ClauseMatch, Tourradar
Daniel Keiper-Knorr
Partner
• 15+ years in investor relations and business development, Co-founder of
Speedinvest
• Companies: Storyclash, Enbritely
ClauseMatch is a real-time document editing and collaboration platform for teams working in highly regulated
industries.
Payworks is the provider of Pulse, a next generation Point of Sale payment gateway technology for merchants.
TourRadar is the world’s trusted online marketplace to compare and book group travel, with its headquarters in
Vienna and regional service centers in Sydney and San Francisco.
Full Portfolio • www.speedinvest.com/portfolio/
Offices Vienna, Berlin, Munich, Silicon Valley
Founded 2011
Employees 30 – 35
Use of Debt No
AUM €120m
Target Sectors
Marketplace, DeepTech, FinTech,
Consumer
Deal Structures Significant minority
Key Investment Criteria Seed Stage, First Traction, MVP
Website www.speedinvest.com
Contact Email office@speedinvest.com
Contact Phone n/a
Speedinvest lays its focus on European early stage technology. Besides financial investments, the fund actively deploys its network and know-how to
support its portfolio companies in their everyday challenges, offering operational resources and business development in the US. Speedinvest’s
office in Silicon Valley supports portfolio companies entering the US market.
Speedinvest
INVESTOR BOOK 107

KEY CONTACTS
Bartłomiej Gola
Founding Partner
bartlomiej.gola@speedupgroup.com
Bartek is a general partner of SpeedUp Group. He’s involved in early-stage
project implementation in the areas associated with martech, marketplace, IoT
and hardware. He has a wealth of experience in the marketing & advertising
industry – he went through all the career positions all the way up to managing
partner of the BLT Group (co-founder and shareholder) and TEQUILA Poland.
Marcin Fejfer
Investment Manager
marcin.fejfer@speedupgroup.com
Marcin handles SpeedUp Group investments in ventures in the areas of
martech, marketplace, finch, medtech, saas and gaming. As an investment
manager, his responsibilities include: conducting investment processes, building
value of portfolio companies and relations with foreign investors. Prior to joining
SpeedUp Group, he had worked for tech companies in Poland, Portugal,
Denmark and India.
The world’s first stethoscope with body temperature measurement functionality and self-diagnosis system for home
use.
ACR Systems does research, design, production and sales of highly sophisticated and advanced camera stabilisers
based on brushless motor direct drive technology.
Legimi is an innovative technology company, whose main focus is on delivering complete solutions for distributing
electronic content, including protection systems for e-books.
Full Portfolio • www.speedupgroup.com/pl/companies
Offices Poznan, Warsaw
Active Markets CEE
Founded 2009
Employees 11
Current Fund Size €8.25m
Use of Debt Yes
AUM €25m
Target Geographies CEE, Poland
Target Sectors
Consumer internet, FinTech, MarTech,
IoT and hardware, MedTech
Deal Structures minority equity shares
Key Investment Criteria team, technology, market, product
Website www.speedupgroup.com
Contact Email info@speedupgroup.com
SpeedUp Venture Capital Group is a leading group of venture funds, investing in enterprises in an early stage of development (seed, pre-revenue,
early growth). Areas of fund’s interest include enterprises and entrepreneurs in CEE, who want to conquer the global market by utilizing
their self-developed solutions. We're looking for innovations from areas such as: consumer internet, fintech, martech, adtech, medtech, IoT
and hardware. We're interested in technologies like Machine Learning,Picture recognition, Artificial Intelligence, Augmented Reality, VR and
Blockchain.
Why us?
We are founder friendly fund
We’ve long experience in business
We've learned what we shouldn't do by doing it ;)
We are well-connected with big business
SpeedUp Venture Capital Group
INVESTOR BOOK 108

KEY CONTACTS
Photo
Benjamin Junghans
Email: benjamin@stihldigital.com
Photo
Dr. Jens Ortgiese
Director Venturing
Email: jens@stihldigital.com
GreenIQ is an Israeli startup whose Smart Garden Hub saves up to 50 percent of outdoor water consumption
Freiraum is a German startup improving communication and collaboration in companies with its SaaS solution
“MemoMeister”
High-Tech Gründerfonds is Germany’s biggest seed stage VC with two funds and more than EUR 500 million under
management
Full Portfolio • www.stihldigital.com
Offices Stuttgart Area (Waiblingen), Germany
Founded 2017
Current Fund Size Evergreen
Use of Debt n/a
AUM n/a
Target Investment Size €500k - €5m per round
Target Geographies Europe, Israel, USA, Canada
Target Sectors
Internet of Things, Drones, Robotics, E-
Commerce, Manufacturing, Big Data,
Artificial Intelligence and Energy
Management with mid-term to long-term
relevance for the business of STIHL in
Garden, Forestry, Agriculture,
Construction
Key Investment Criteria Standard
Website www.stihldigital.com
Contact Email info@stihldigital.com
Contact Phone +49 7151 26 - 0
STIHL Digital is the corporate venture capital arm of STIHL, a global industry champion in outdoor power equipment (www.stihl.com).
We are looking for investments and win-win-collaborations to drive innovation and the digital transformation at STIHL.
STIHL Digital invests from late seed to series B, with sweet spot series A. The firm prefers to syndicate with existing or new investors and can take
the lead as necessary. Our preferred investment areas are Internet of Things, Drones, Robotics, E-Commerce, Manufacturing, Big Data, Artificial
Intelligence and Energy Management with mid-term to long-term relevance for the business of STIHL in Garden, Forestry, Agriculture and
Construction
Besides the funding, startups benefit from our long-term experience, brand and broad network.
STIHL Digital
INVESTOR BOOK 109

KEY CONTACTS
Daniel Perthes
Investment Manager
Email: daniel@sts-ventures.de
Daniel has a background in M&A and financial services as well as with
consulting companies in Germany and abroad. He holds a masters degree in
management from EBS University of Business and Law.
Thies Wollesen
Investment Manager
Email: thies@sts-ventures.de
Prior to STS Ventures, Thies worked in consulting with a focus on the the
financial industry. He founded a social startup in Togo and holds a masters
degree in Economics from Barcelona GSE.
November is a digital funeral service provider catering to the wishes of its clients before and at the time of need.
Movinga is a vertically integrated platform for moving services.
JustWatch is a streaming search enginge so the enduser can easily find out where to watch favorite movies & TV
shows on his favorite providers and see what’s new on Netflix and Co
Full Portfolio • www.sts-ventures.de/#portfolio
Offices Cologne
Founded 2010
Use of Debt No
AUM n/a
Target Sectors
Retail, E-Commerce Technology,
Marketplaces, Media, Communications,
EdTech, Travel & Transportation,
FinTech, Financial Services, Gaming,
Gambling & Betting, Marketing, Analytics,
Digital Services, Offline Services,
Hardware
Deal Structures Flexible, Lead
Key Investment Criteria Pre-seed and Seed investments
Website www.sts-ventures.de
Contact Email thies@sts-ventures.de
Contact Phone +49 221 64 00 99 31
STS Ventures concentrates all business angel activities of Cologne-based serial-entrepreneur and successful investor Stephan Schubert.
Having founded and exited 4 companies, Stephan is a serial entrepreneur in the German internet industry. Since the rise of the internet in
Europe in the late 90s he has been investing in numerous technology driven startups and has an outstanding track record in seed investing in
successful ideas and teams. He is one of the most active, connected and experienced business angels in Germany. If you are looking for a
genuine entrepreneur who has overcome a vast bunch of obstacles that you may face in the future, and seek honest and timely feedback, we
are the right partner for you.
STS Ventures
INVESTOR BOOK 110

KEY CONTACTS
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Dominique Mégret
Head of Venturing
Email: dominique.megret@swisscom.com
• 15 years VC experience, Head of Strategy Swisscom, CEO kickstart
Ventures, Oliver Wyman, MBA Insead
• Companies: AVA Women, Sophia Genetics, Geosatis
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Pär Lange
Investment Director
Email: paer.lange@swisscom.com
• 16 years VC experience, CEO Miranet Advisors, var. Management positions
at Ericsson, MBA Insead & MSc. Physics
• Companies: Bring!, Instabridge, Insightness, Actlight
Logo
Beekeeper is a digital workplace app that digitizes the non-desk workforce by connecting operational systems and
communication channels.
Logo Ava is a patented multi-sensor bracelet, which allows women to precisely and conveniently predict fertile days.
Sophia Genetics is a tech company that created an artificial intelligence to help healthcare professionals better
diagnose and treat patients
Full Portfolio www.swisscom.ch/en/ventures.html
Offices Zurich, Lausanne, Palo Alto
Active Markets Switzerland, Europe, USA, Israel
Founded 2007
Employees 10
Current Fund Size CHF 200m
Use of Debt No
AUM CHF 300m
Target Investment
Size
CHF 1m – CHF 3m initial commitment at
seed / early stage
Target Geographies Switzerland, Europe, USA, Israel
Target Sectors
ICT & DeepTech, IoT, Enterprise Solutions,
Security, Fintech, Media & Ads, eHealth
Deal Structures 5-25% equity stake, minority
Key Investment
Criteria
Strategic fit to SC Group, team quality,
market maturity & growth potential
Website www.swisscom.ch/en/ventures
Contact Email andrea.auderset@swisscom.com
Contact Phone n/a
Swisscom Ventures is the venture capital arm of Swisscom AG, the leading telecommunications and IT provider in Switzerland. Since our inception in
2007, we have invested in over 50 IT, digital media and telecommunication companies from our offices in Switzerland (Zurich and Lausanne) and the
USA (Silicon Valley). As a strategic investor, we offer entrepreneurs access to our technical infrastructure and market channels in addition to financial
support. We focus on sectors of domain expertise such as Telco & IT Cloud, DeepTech and Cybersecurity as well as Big Data & AI related new
business models where we leverage our access to Swisscom’s technology and market experts.
Swisscom Ventures
INVESTOR BOOK 111

KEY CONTACTS
Viktoriya Tigipko
Founder & Managing Partner
Email: v.tigipko@taventures.vc
• Managing Partner of TA Ventures, who founded the fund in late 2010. Prior
to her work at TA Ventures, Viktoriya led multiple business initiatives in
construction and machinery distribution.
Pawel Schapiro
Partner
Email: p.schapiro@taventures.vc
• Partner at TA Ventures, mainly responsible for the fund’s activity in DACH &
Western Europe. Before joining TA Ventures in early 2017, he worked in
operational and VC roles at Rocket Internet and Creathor Ventures.
Wunder is a mobility marketplace and tech platform providing carpooling, smart shuttles, and free-floating sharing
to end customers, corporates, and cities.
Sensely is a digital health company powered by an avatar-based, empathy-driven clinical platform that helps
clinicians and patients better monitor and manage their health.
Klara is a medical communication platform that improves collaboration, profitability, and patient outcomes in the
healthcare industry.
Full Portfolio • www.taventures.vc/portfolio
Offices Kyiv, Ukraine
Active Markets DACH, United States, United Kingdom
Founded 2010
Employees 8
Current Fund Size 80+ companies in the current portfolio
Use of Debt No
AUM $50m
Target Investment Size $250k – $1m
Target Geographies United States, Western Europe, CEE
Target Sectors Mobility, Digital Health
Investment Style Active; do not lead
Co-invest with leading investors in deep
tech post-revenue startups
Website www.taventures.vc
Contact Email info@taventures.vc
Contact Phone n/a
TA Ventures is an early stage venture capital firm primarily focusing on Mobility and Digital Health. We are based in Kiev, Frankfurt, Boston and
invest in teams across Europe & the US. We co-invest with leading investors and have been privileged to back companies such as Wunder Mobility,
Caroobi, Klara, Sense.ly and 100+ others including Azimo, SumUp, Dreamlines, Marley Spoon.
TA Ventures
INVESTOR BOOK 112

KEY CONTACTS
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Vasile Foca
Managing Partner & Co-Founder
Email: vasile@taliscapital.com
Vasile is a co-founder & Managing Partner of Talis Capital and has been active in
building and investing in companies for over 19 years. Vasile is very active with the
management of all our portfolio companies and provides hands-on board support,
including companies such as Darktrace, Luminance and iwoca.
Companies: Darktrace, Onfido, Iwoca, Clicktale, CensorNet, Luminance, Senrio,
Pass The Keys
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Matus Maar
Managing Partner Ventures & Co-Founder
Email: matus@taliscapital.com
Matus is a Co Founder and Managing Partner of Talis Capital. He is an
experienced entrepreneur and venture capital investor. Co-Founder and Executive
Chairman of Pirate Studios - the world's largest chain of music rehearsal studios,
fully autonomous and live streaming equipped. Involved from beginning with
Threads.
Having led over 50 private equity and venture capital deals. Matus enjoys early
stage investing, working closely with the entrepreneurs. Companies: Onfido,
iwoca, Pirate Studios, Threads, Import.io, eporta, Narrativ, Price f(x) and others.
Darktrace is one of the world’s fastest-growing cyber threat defence companies and the leader in Enterprise
Immune System technology. Some of the world’s largest corporations rely on Darktrace’s self-learning appliance
and have an experienced team of leading machine learning specialists and government intelligence experts.
Onfido delivers next-generation identity verification and background checks, helping its 1,000+ clients worldwide
onboard more users and reduce fraud. Powered by machine-learning technology, Onfido is a fast and simple way
for businesses to verify identities and run adverse history searches such as Criminal or Anti-Money Laundering
Checks
Iwoca is an award winning FinTech company providing instant loans to online retailers to improve their working
capital. Iwoca can help online sellers in the UK sell more by financing their growth based on annual sales and
customer feedback scores, factors that a traditional lender won’t consider.
Full Portfolio • www.taliscapital.com/portfolio/
Offices 1 - London, United Kingdom
Active Markets International
Founded 2009
Current Fund Size Open Mandate
Use of Debt Yes
AUM $300m+
Target Geographies UK, Europe and US
Target Sectors
Technology; Software
mainly B2B
Key Investment Criteria www.taliscapital.com/portfolio/
Website www.taliscapital.com
Contact Email deals@taliscapital.com
Talis Capital is a unique VC family office funded by a group of successful and strategic high net worth entrepreneurs. Focused on backing
emerging technologies Talis has completed over $500m worth of transactions and the stellar portfolio includes Darktrace, Onfido, iwoca, Pirate
Studios, Secondhome to name just a few. Talis concentrates on building long term partnerships and leverages their exclusive network to create
opportunity. The team looks for innovative companies with sustainable business models, working with them to unlock their future growth.
For more information please visit taliscapital.com
Talis Capital
INVESTOR BOOK 113

KEY CONTACTS
Dr. Berthold von Freyberg
Partner
Email: berthold@targetpartners.de
• Software Engineer, Program Manager at Microsoft, PhD in Physics
• Companies: German Autolabs, Instana, Simplaex, So1, Suitepad, TIS
Dr. Michael Münnix
Partner
Email: michael@targetpartners.de
• Software Engineer, Entrepreneur, PhD in Physics
• Companies: Adsquare, Datapath.io, Swarm64, Senic
Instana provides AI powered enterprise software for monitoring application and infrastructure performance
tado° makes a smart home climate control system for consumers, increasing the operating efficiency of home and
apartment heating systems by up to 30 percent
Falcon.io provides a SaaS software platform which allows marketing departments to create, launch and measure
social media campaigns in real time across multiple social media types
Full Portfolio • www.targetpartners.de/en/#companies
Offices Munich
Active Markets DACH
Founded 1999
Use of Debt No
AUM €300m
Target Geographies DACH
Target Sectors B2B, SaaS, Infrastrucutre, Hard
Key Investment Criteria Disruptive technologies
Website www.targetpartners.de
Contact Email berthold@targetpartners.de
Target Partners is one of the leading early-stage venture capital firms in Germany. Target Partners invests in new startup and early-stage companies,
and supports them with venture capital during their build-out and expansion phases.
With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in
developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.
Target Partners
INVESTOR BOOK 114

KEY CONTACTS
Christian Winter
Partner (CEO)
Email: cwinter@tev.de
Jan Sessenhausen
Partner
Email: jsessenhausen@tev.de
WESTWING - Europe's Shopping Club for Home & Living.
SCALABLE CAPITAL - Invest with Europe's fastest growing digital wealth manager.
IDAGIO - The first music streaming service tailor-made for classical music
Full Portfolio • www.tev.de/portfolio
Offices Mueheim/ Ruhr (DE), Berlin (DE)
Active Markets Global, focus on Europe
Founded 2009
Employees 12 (all in Europe)
Use of Debt No
AUM Approx. €1bn
€3m - €8m initial,
€40m over lifetime of company
Target Sectors
Consumer Internet, Digital Services,
Software & Technology
Investment Style Active support
Potential of relevant return of >€50m after
deduction of investment amount
Website www.tev.de
Contact Email ideas@tev.de
Contact Phone +49 208 – 583 8239
We are a Venture Capital firm with a focus on early growth stages, i.e. after a company has shown first traction in its respective market, looking to
partner with entrepreneurs that change the life of millions across the globe in the areas of Consumer Internet, Digital Services and Software &
Technology . Our focus lies on investments with initial capital ranging between EUR 3-8m, occasionally we also do seed. We are a stable companion
for those we partner with and are able to invest up to EUR 40m over the lifecycle of an investment.
TEV started in 2009 with an initial focus on investments in E-commerce, but we have grown to much more and today cover everything digital. We
partner with entrepreneurs with the ambition to build companies that become household names and affect peoples’ lives for the better, enable digital
business to run more smoothly or are the infrastructure foundation of the next technological wave.
TEV | Tengelmann Ventures
Koen Lenssen
Partner
Email: klenssen@tev.de
INVESTOR BOOK 115

KEY CONTACTS
Daniel Wild
CEO & Founder
Felix Artmann
Managing Partner
Tatjana Wild
Partner & FinTech Specialist
Alexander Juergens
Investment Manager
juergens@tiburon.de
Develops and sells secure cloud based video streaming and management solutions to businesses
Effortless recruiting with intelligent HR-Tech Solutions. The biggest law recruiting platform in Germany.
Crowdtesting & cloudbased Solutions for optimizing digital products
Full Portfolio • www.tiburon.de
Offices Munich and San Francisco
Active Markets Europe and USA
Founded 2001
Current Fund Size Undisclosed
Use of Debt No
AUM Undisclosed
Target Geographies Germany and USA
Target Sectors Everything in the digital space
Deal Structures Case dependent
Team-Fit (diversity, experience), Founder-
Market-Fit (expertise, unfair advantage),
Tiburon-Fit (trust, levers)
Website www.tiburon.de
Contact Email info@tiburon.de
Tiburon is a private German-American seed investment boutique with a focus on early stage startups in the digital sector. Tiburon’s
portfolio companies are mostly active in areas such as media, mobile, communities, meta-platforms, Fintech and SaaS.
Lead by Daniel Wild, Tiburon has invested in high-potential entrepreneurs for over 15 years. These founders receive continuous
support with marketing expertise, creation of synergies within the network and strategic advice. They benefit from the Tiburon team's broad
experience of having invested in over 150 startups as well as accompanying those teams on their entrepreneurial journeys.
Successful exits include Xing, Trivago, Invoco, Cadooz and Smava, among others.
Tiburon
INVESTOR BOOK 116

KEY CONTACTS
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Alexander Kiltz
Investment Associate
Email: kiltz@uvcpartners.com
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Dr. Ingo Potthof
Managing Partner
Email: potthof@uvcpartners.com
FlixMobility is a young mobility provider that offers under its brands FlixBus and FlixTrain new ways of travelling
comfortably, cheaply and environmentally friendly. The startup developed within a short time into Europe’s largest
long-distance bus network and launched the first long-distance trains in early 2018.
IIoT company KONUX integrates smart sensor systems and AI-based analytics to deliver asset insights in real time
and to enable its customers to switch to predictive maintenance. The end-to-end solution uses artificial intelligence
to help clients continuously monitor their infrastructure, identify maintenance needs ahead of time and improve
operational efficiency. KONUX empowers industrial and rail companies to reach a new level of asset performance.
Vimcar is a holistic software provider for logbooks and fleet management. With its innovative technology, the
company is digitizing processes for the company car of the future. More than 30,000 users, including Allianz,
Deutsche Bahn, Zalando and Hertha BSC, rely on the Vimcar SaaS solution to efficiently manage company cars
and transport vehicles.
Full Portfolio • www.uvcpartners.com/#portfolio
Offices Munich
Founded 2011
Employees 10
Current Fund Size € 83m
Use of Debt No
AUM € 110m
Target Investment Size €500k - €3m, in aggregate up to €12m
Target Geographies Germany, Austria and Switzerland
Target Sectors
B2B (esp. Industrial Technologies,
Enterprise Software/SaaS, Mobility)
Deal Structures Venture Capital (minority)
Key Investment Criteria Seed, Series A, early Series B
Website www.uvcpartners.com
Contact Email pitch@uvcpartners.com
Unternehmertum Venture Capital Partners (UVC Partners) is a Munich-based private early-stage venture capital firm that invests in technology-based
startups in Germany, Austria, and Switzerland. UVC Partners focuses on B2B business models in the areas of Industrial Technologies, Enterprise
Software/SaaS and Mobility. We typically invest between € 0.5-3m initially and up to € 12m in total. That means that we invest in the Seed,
Series A and early Series B phase. Currently, we manage two funds with a total of about € 110m under management. Portfolio companies benefit
from the extensive experience of the management team as well as from the close cooperation with UnternehmerTUM, Europe's leading innovation
and business creation center. With over 180 employees and more than 100 industry partners, UnternehmerTUM can draw from many years of
experience in establishing young companies. This enables UVC Partners to offer startups unique access to talent, industry customers, and other
financial partners.
Unternehmertum Venture Capital Partners
INVESTOR BOOK 117

KEY CONTACTS
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Bernd Schrüfer
Managing Partner
Email: bs@valerian.one
• Bernd Schrüfer looks back on more than 25 years of investment experience in
alternative asset classes. He is an acknowledged expert in managing
professional investment portfolios with a special focus on the digital economy,
Blockchain, hedge funds, investment in art and cryptocurrencies...
Delivery Hero is the leading online food ordering and delivery marketplace globally
Mister Spex is Europe’s leading online eyewear retailer - Over 3000 branded glasses
Dreamlines is an online travel company that specializes in selling cruises
Full Portfolio • www.valerian.one
Offices Berlin, Munich
Founded 2017
Use of Debt No
AUM n/a
Target Sectors
Communications, FinTech, Financial
Services, Analytics, Digital Services,
Hardware, Health, Blockchain, Consumer
Products
Investment Style Active, Flexible
Deal Structures Minority, Majority
Key Investment Criteria Team & Technology
Website www.valerian.one
Contact Email bs@valerian.one
Contact Phone n/a
As a new owner operated, independent private equity firm, VALERIAN invests in fast-growing E-Commerce Technology, Marketplaces,
Communications, FinTech, Financial Services, Analytics, Digital Services, Hardware, Health, Blockchain, Consumer Products companies.
We offer start-ups in the starting phases access to venture capital, 25 years of experience in the venture capital sector and an international network to
ensure their successful development.
Our investors want to preserve wealth and at the same time systematically seize new investment opportunities. For this reason, we optimize the
portfolio regarding the long-term objectives and avoid undesired market movements. With our fundamental Know-how, direct access to attractive
investments and integrated risk management we always manage the entrusted assets in a personalized manner and with full commitment. We stick
to this philosophy since our founding.
Valerian Capital Partners
LUCATIS Family Office Group
INVESTOR BOOK 118

KEY CONTACTS
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Christian Claussen
General Partner
christian.claussen@ventechvc.com
• Christian has been a General Partner with Ventech since 2013 and brings his
20-year experience as an investor in innovation. Based in Munich and Paris,
he leads Ventech investment activities in the DACH region.
• Invested in CoreOptics (acquired by Cisco), Silicon Hive B.V. (acquired by
Intel), Netviewer AG (acquired by Citrix), Arteris Inc. (acquired by Qualcomm)
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Stephan Wirries
Principal
stephan.wirries@ventechvc.com
• Stephan works hand-in-hand with Christian to develop the Firm’s footprint in
the DACH region
• Completed several Seed deals such as Realbest and Crossengage in
Germany, and in 2016 led Ventech Capital F’s investment in European
Games Group’s Series B round
Picanova is the leading company in the field of mass customized wall- and lifestyle decoration.
Speexx is the only SaaS language platform that combines assessment, learning and continuous performance
support for international corporations
FinTecSystems provides banks, financial services companies, and payment processors with real-time data to make
financial decisions.
Full Portfolio www.ventechvc.com/companies/
Offices Paris, Munich, Helsinki, Shanghai
Active Markets Europe, Asia
Founded 1998
Use of Debt No
AUM €400m
Target Investment Size €2 - €4m
Target Geographies France, Germany, Nordics
Target Sectors Digital economy
Key Investment Criteria Team, Market, Traction
Website www.ventechvc.com/
Contact Email team@Ventech.vc
Contact Phone +33 1 83 79 81 90
Ventech is an early-stage VC fund created in 1998 in Paris. Since then, we have developed internationally, with the openings of offices in Munich in
2013 and Helsinki in 2018 and the launch of a sister company in China in 2008. Our motto is “Global reach, local touch”, meaning that we can provide
internationalisation support to our start-ups through our local networks in various geographies. We are a team of 9 investment professionals in
Europe, with General Partners having two fund lifecycles behind them and meaningful exits (>60). We are “entrepreneurs first” meaning we back
entrepreneurs in all sectors of the digital economy, from marketplaces to semiconductors.
Ventech
INVESTOR BOOK 119

KEY CONTACTS
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Alexis Hue
Partner, Central and Northern Europe
Email: ahue@via-id.com
• 15+ years experience in driving growth strategies. INSEAD
Logo digital platform for on-demand transportation and services
Logo The n°1 peer-to-peer car rental service in Europe
Logo Urban ride-sharing at night between private individuals
Full Portfolio www.via-id.com/en/startups/
Offices Paris, Berlin, San Francisco, Singapore
Active Markets EU, USA, Asia
Founded 2009
Current Fund Size NA
Use of Debt No
AUM NA
Target Geographies EU, USA, Asia
Target Sectors Mobility
Mobility Focus (sustainable, smart, daily)
Exceptional Team
Website www.via-id.com
Contact Email NA
Contact Phone NA
Via ID is the Corporate Venture Capital arm of Mobivia, the European leader for automobile services and mobility solutions (brands include ATU,
Norauto, Midas, etc.).
We invest with a long term view in early stage companies in the field of mobility. Current portfolio includes Go-Jek, Drivy, Heetch, Swiftly,
Smoove, Xee and many more.
Via ID
INVESTOR BOOK 120

KEY CONTACTS
Thomas Oehl
Managing Partner
Email: tommy@vito.vc
• Tommy founded his first company in university and successfully exited it in
2013. His entrepreneurial mindset made him join Uber as one of the first
employees in Germany. He developed a native attraction to innovative ideas
and business models and has been an active business angel for the past
years
Machine learning and cloud technology enable efficient 3D mapping and real-time localization
Soley combines Big Data Technology with Workflow Automation for tangible value in engineering
A startup for professional Virtual Reality collaboration
Full Portfolio • www.vito.vc/portfolio/
Offices Munich
Active Markets Austria, Finland, Germany, UK
Founded 2015
Use of Debt No
AUM n/a
Target Geographies
Austria, Finland, France, Germany, Israel,
Netherlands, Portugal, Switzerland
Target Sectors
Analytics, Hardware, Deep-Tech, IoT, AI,
Robotics, Cyber Security, Industry SaaS
Deal Structures Minority, Flexible, Lead
Key Investment Criteria Game changing B2B deep-tech
Website www.vito.vc
Contact Email tommy@vito.vc
Contact Phone n/a
Vito Ventures is a European early-stage investor in B2B deep-tech technologies and business models. The focus is on AI, Robotics, Internet of Things
as well as autonomous systems. Vito Ventures offers portfolio companies unique access to industrial markets and networks in German leading
SMEs. Vitos portfolio is home to companies including Crate.io, micropsi industries, Simscale, Wirepas and Artisense.
Vito Ventures
INVESTOR BOOK 121

KEY CONTACTS
Dirk Meurer
Managing Director
dirk.meurer@vorwerk.de
• Founding partner of Vorwerk Ventures with 22 years of international
investment management experience
• Companies: meinauto, DaWanda, Ottonova, Hellofresh, Juniqe, neato
robotics, Thermondo, Mädchenflohmarkt
First digital health insurance in Germany
Last mile beverage logistics
First European digitally native vertical baby care brand
Full Portfolio www.corporate.vorwerk.com/en/vorwerk-direct-selling-ventures/portfolio/
Offices Wuppertal, Germany
Active Markets Europe, US
Founded 2008
Employees 3
Use of Debt No
AUM €250m
Target Geographies primarily Europe
Target Sectors
direct to consumer business models &
enabling technologies
Investment Style passive
Deal Structures
Joint control, minority, board
representation
Key Investment Criteria Sizeable market, scalability, team
Website
www.corporate.vorwerk.com/en/vorwerk-
direct-selling-ventures/home/
Contact Email dirk.meurer@vorwerk.de
Vorwerk Ventures is the corporate venture fund of Vorwerk Group. Our investment focus is global and sector-wise on direct-to-consumer business
models and on enabling technologies. We are proud to have invested in and worked with companies like Ringana, MeinAuto, HelloFresh, DaWanda,
Lillydoo, Lesara, Ottonova, Thermondo, Flaschenpost, neato robotics and many others.
Vorwerk Ventures
INVESTOR BOOK 122

KEY CONTACTS
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Jochen M. Wilms
Managing Partner
wilms@wventures.de
• Jochen M. Wilms is a business leader with 25+ years of industry, consulting
and investor experience. He started his career in retail and spent 10 years as
a General Manager at the Media Group Bertelsmann as MD Marketing &
Sales during the company's transition phase to digital. Thereafter he took the
responsibility for Schüco, a circa €1.5 bn. turnover provider of aluminum
curtain wall systems. He later worked with Grohe, a circa €1.5 bn. bathroom
fittings business. Jochen is senior advisor and chairman to numerous
international leading companies, notable private equity investors and family
offices in Europe, Asia and the USA.
Osaro is a deep reinforcement learning technology company specializing in AI software for industrial robotics
automation.
Lampenwelt is the #1 specialty online retailer of lighting products in Europe.
ThinAir is a security company whose mission is to allow organizations to detect and investigate insider threats in
seconds.
Bloom Farms is a socially responsible medical cannabis company.
Offices Berlin
Active Markets Europe & USA
Founded 2014
Employees 5 (3 in Europe)
Use of Debt -
AUM N/A
Target Investment Size Depends
Target Geographies Europe, USA
Target Sectors
E-Commerce, Media, Digital Services,
Connected Home, Cyber Security,
Digital Health
Team. B2C and B2B SaaS Focus, Cash
Generative Stage, Selectively Early
Website www.wventures.de
Contact Email info@wventures.de
Contact Phone +49 30 31 80 04 43
W Ventures is a Berlin based Venture Design and Venture Capital company that offers a complete framework for the acceleration of digital business
ideas for leading international companies in key B2B and B2C sectors.
We are an operational VC, technology provider and innovation hub together with our industry and technology partners. We support start ups from
seed to growth and are able to combine the best assets of established companies with the speed, agile processes and mindset of start ups to
accelerate growth. We deliver mergers & acquisitions advice, advice for digital transformation strategies and co-accountability in digital business
creation.
With our knowledge about transactions, industry experts and extensive network from long-standing service in top management positions, we execute
best practice and objective advisory services for our clients. Furthermore, we offer advisory services to assure the execution of well-ordered
succession plans.
W Ventures
INVESTOR BOOK 123

KEY CONTACTS
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Frank Hölzle
CEO
Email: fh@care4.ch
Thilo Schmid
Investment Director
Email: ts@care4.ch
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Georg Kampmann
Investment Manager
Email: glk@care4.ch
CYNORA develops highly efﬁcient TADF OLED emitting materials for OLED displays.
Jedox is a business intelligence and corporate performance management solutions provider.
RankingCoach provides solutions for SMEs to optimize their Online Marketing, SEO and Social Media.
More Selected Portfolio
Companies
www.crunchbase.com/organization/wecken-cie
Offices Basel
Founded 2007
Employees 8
Use of Debt No
AUM n/a
Target Geographies
Europe (with focus on Germany and
Switzerland)
Target Sectors
Agnostic (with focus on Deep Tech and
B2B Software)
Key Investment Criteria Team, Market, Technology, Traction
Website n/a
Contact Email info@care4.ch
Wecken & Cie. is an early-stage venture capital investor, focused on European fast-growing, disruptive technology companies, with expertise in Deep
Tech and B2B Software. Wecken & Cie. invests across other sectors and stages opportunistically.
Having invested in more than 40 companies since 2007 and thereof successfully exited e.g. Delivery Hero and EcoIntense, Wecken & Cie. typically
participates together with other institutional investors in Series A investment rounds with €500k to €3m initially, with the ability to provide additionally
capital over the life of the investment.
Wecken & Cie. is backed by Klaus Wecken, co-founder of multiple startups in the technology and real-estate sector, most prominently KHK Software
which he sold to SAGE Group in 1997.
Wecken & Cie.
INVESTOR BOOK 124

KEY CONTACTS
Masoud Kamali
CEO & Founder
Email: mkamali@westtechventures.com
Alexander Kölpin
Partner & MD
Email: akoelpin@westtechventures.com
Dalia uses mobile technology to engage with people in a more natural environment, providing instant, relevant,
global insights. Their goal is to be known as the platform and methodology of choice for global consumer
understanding
LANA enables the simple analysis and visualization of complex events in business processes by using process
mining techniques & enables the automated analysis of process deviations
Jovo is the first open source framework for developers to build cross-platform voice apps for Amazon Alexa and
Google Home
Full Portfolio www.westtechventures.de/#portfolio
Offices Berlin
Founded 2013
Use of Debt No
AUM n/a
Target Sectors B2B Software
Key Investment Criteria Team & strong core technology
Website www.westtechventures.de
Contact Email info@westtechventures.com
Contact Phone n/a
WestTech Ventures is a Berlin-based VC firm focused on pre-seed & seed investments in Germany in the fields of B2B SaaS in different verticals,
Developer Tools, and Enterprise Software. We have a portfolio of more than 30 companies as of today and notable investments are Delivery Hero
(IPOed), Dalia Research, Remerge and TestObject (acquired by Sauce Labs).
WestTech Ventures
INVESTOR BOOK 125

KEY CONTACTS
Bernhard Schmid
Partner
Email: bernhard.schmid@xange.fr
• Bernhard is Partner at XAnge, where he is heading the German operations.
Prior Bernhard was with Deutsche Venture Capital, the venture arm of
Deutsche Bank. He started his VC life at Atlas Venture, a Boston based early
stage venture fund. Bernhard serves on the Board of various technology
companies
Mister Spex is Europe’s leading online eyewear retailer
Believe is a smart distribution and marketing services for artists and labels worldwide
Studitemps is a temp agency for students
Full Portfolio • www.xange.fr/who-we-rock/
Offices Paris, Munich
Active Markets
Austria, Belgium, France, Germany,
Netherlands, Switzerland, UK
Founded 2003
Use of Debt No
AUM €400m
Target Geographies
Austria, Belgium, France, Germany,
Netherlands, Switzerland, UK
Target Sectors
Technology, Technology-Enabled
Services
Deal Structures Minority, Lead, Co-Investor
Team, growth potential, market size,
technology, business model
Website www.xange.fr
Contact Email bernhard.schmid@xange.fr
Contact Phone n/a
With €400m under management and a portfolio of 75 startups, XAnge has been a key investor in Europe for 15 years.
SPECIALIZED IN EARLY STAGE - The XAnge team has specific knowledge and truly understand your business challenges to back you.
SHARED PASSION AND AMBITION WITH ENTREPRENEURS - XAnge strongly believes that both sides of the table must be driven by the same
enthusiasm
INTERNATIONAL REACH AND PROVEN TRACK RECORD - XAnge boosts entrepreneurs on a global scale
A DYNAMIC COMMUNITY OF ENTREPRENEURS - XAnge is an active player in a community where entrepreneurs share best practices
XAnge
INVESTOR BOOK 126

KEY CONTACTS
Sonali De Ryker
Partner
Sonali De Rycker focuses on consumer, software and financial services
businesses.
She led Accel’s investments in Avito (acquired by Naspers), Lyst,
Spotify, Wallapop, KupiVIP, Calastone, Catawiki, JobToday, Shift
Technology, SilverRail (acquired by Expedia), Kry and Soldo. Prior to
Accel, Sonali was with Atlas Ventures.
Andrei Brasoveanu
Principal
Andrei Brasoveanu focuses on software, fintech and data businesses.
He helped lead Accel’s investments and ongoing work in Celonis,
UiPath, Instana, DashDash, Carto, Semmle and JobToday.
Prior to Accel, Andrei worked with Foundation Capital and KCG, the
largest equities high-frequency trading firm in the US. Previously, he
helped build an algorithmic trading startup on Wall Street focused on
commodity futures.
Largest global social network
Largest global music subscription service
Game studio behind among others Clash of Clans, highest ever grossing mobile app
Full Portfolio • www.accel.com
Offices
Palo Alto, San Francisco, London,
Bangalore
Founded 1983
Employees
50 investment professionals, of which 12
in Europe
Current Fund Size $3bn across the US, Europe and India
Use of Debt No
AUM $10bn+
Target Investment Size $1-100m
Target Sectors
Technology and technology-enabled
services
Exceptional entrepreneurs looking to build
category-defining businesses
Website www.accel.com
Contact Email abrasoveanu@accel.com
Accel is a leading early- and growth-stage venture capital firm, powering a global community of entrepreneurs. Accel backs entrepreneurs who have
what it takes to build a world-class, category-defining business. Founded in 1983, Accel brings more than three decades of experience building and
supporting hundreds of companies. Accel's vision for entrepreneurship and business enables it to identify and invest in the companies that will be
responsible for the growth of next-generation industries. Accel has backed a number of iconic global platforms, which are powering new experiences
for mobile consumers and the modern enterprise, including Atlassian, Avito, BlaBlaCar, Celonis, Deliveroo, Dropbox, Etsy, Facebook, Flipkart,
Funding Circle, Kayak, QlikTech, Simplivity, Slack, Spotify, Supercell, UiPath, WorldRemit and others.
Accel
INVESTOR BOOK 128

KEY CONTACTS
Steve Sarracino
Founding Partner
Email: steve@activantcapital.com
Andrew Steele
Investment Team (Europe)
Email: andrew@activantcapital.com
NewStore is a mobile-first commerce platform that enables retailers to have omni-channel capabilities. With offices
in Berlin, NewStore was founded by Stephan Schambach who previously founded Demandware (acquired by
Salesforce for $2.8 billion) and Intershop (publicly traded)
Turvo is a project management software platform for the logistics market. Turvo provides global supply chain
visibility to shippers, brokers and carriers through its platform
Indigo is an ag-tech platform that partners with growers through a revenue-share model to significantly increase
crop yields, improve farmer profitability, and align agricultural practices with consumer demand
Full Portfolio • www.activantcapital.com/
Offices Greenwich, Connecticut
Founded 2010
Use of Debt No
AUM $246m
Target Investment Size $10m – $40m
Target Sectors Commerce Infrastructure, IoT
Deal Structures Minority, Equity
Key Investment Criteria Growth
Website www.activantcapital.com
Contact Email info@activantcapital.com
Contact Phone n/a
Activant is a growth equity firm that invests globally in commerce infrastructure and IoT technology companies. Our team of investors, entrepreneurs,
and operators bring their expertise to a concentrated portfolio. By developing a deep understanding of our target sectors, we are able to identify and
invest in companies with breakout potential before they reach an inflection point. We utilize a deep ecosystem of software buyers and provide
extensive operational support to create a distinctive growth platform for our portfolio companies.
Activant Capital
INVESTOR BOOK 129

KEY CONTACTS
Photo
Julien Creuzé
Senior Investment Director
Previously VC at Aster Capital & entrepreneur at
Agoranov
Maxime Mandin
Investment Director
Previously VC at Seventure
Photo
Gabrielle Thomas
Investment Manager
Previously VC at Siparex/XAnge
Romain Grimal
Associate
Previously VC at XAnge & M&A at Invest Corporate
Finance
Friss is a Dutch insurtech providing tools leveraging AI for fraud investigators at insurance companies to be better
equipped to detect fraud as well as to better assess risk and adapt quotes accordingly during the underwriting process.
NewAccess is a provider of front-office and middle-office software for Swiss and international private banks. Its software
offering is made of Equalizer (Portfolio Management System), Branch (Customer Data Management) and Logical
Access (Confidential Document Management). These products are adapted to meet the specific needs of the private
banking industry.
Finanzen.de is the leading real-time marketplace for financial leads in Europe, with operations in Germany, France,
Switzerland and the UK.
Full Portfolio
• https://blackfin-tech.com/portfolio
• http://www.blackfincp.com/portfolio
Offices Paris, Brussels, Frankfurt
Active Markets European Economic Area
Founded 2010
Employees 25 (all of which in Europe)
Current Fund Size € 150m+
Use of Debt No
AUM € 700m+
Target Geographies European Economic Area
Target Sectors Fintech, Insurtech & Regtech
Deal Structures Influential minority
Team with knowledge of financial
services, looking to become EU/world
champions
Website www.blackfin-tech.com
Contact Email hello@blackfincp.com
Contact Phone +33 1 83 79 17 14
As the VC arm of BlackFin Capital Partners, BlackFin Tech invests solely in fintechs, insurtechs and regtechs having reached series A & B maturity
across Europe. We leverage our pan-European networks and expertise across all subsegments (payments, banking, insurance, regulatory compliance,
ECM/DCM) to support entrepreneurs in becoming European champions.
We aim to become the go-to platform for fintech, insurtech & regtech entrepreneurs as we provide solid regulatory knowledge across national
jurisdictions, superior understanding of value chains as well as access to C-level decision-makers at large financial institutions. You have come to the
right place if you’re looking to take the long journey in transforming the financial services industry!
Looking forward to hearing from you,
The BlackFin Tech Team
BlackFin Capital Partners
INVESTOR BOOK 130

INVESTOR DESCRIPTION
KEY CONTACTS
Photo
Martin Weiss
Managing Director / CEO
Email: investments@burda.com
Christian Teichmann
Managing Director
Email: investments@burda.com
International market place for second hand fashion
Fresh flower delivery, pioneering the letter box format
Digital network for neighbourhoods
Fashion, beauty and lifestyle marketplace with headquarters in Singapore
Full Portfolio www.burdaprincipalinvestments.com/investments/
Offices Munich, London, Singapore
Active Markets
Europe including Germany, UK, Nordics,
and France; USA; South East Asia
Founded 2015
Use of Debt No
AUM n/a
Target Geographies
Europe including Germany, UK, Nordics,
and France; USA; South East Asia
Target Sectors
E-Commerce, Marketplaces, Digital
Networks
Proven business model, scalability,
right vertical and team
Website www.burdaprincipalinvestments.com
Contact Email investments@burda.com
Contact Phone n/a
Burda Principal Investments (BPI), a division of Hubert Burda Media, provides long term growth equity for fast growing digital technology and media
companies. Hubert Burda Media is one of Europe’s largest media and technology conglomerates with a strong investment track record in internet-
centric businesses since 1998.
We have been partners for visionary entrepreneurs, leveraging Burda’s capital, brands and sector expertise, particularly in the areas of business
expansion, internationalisation and localisation.
BPI is invested in a portfolio of highly successful consumer internet companies in Europe, the U.S. and Asia. In the past, Hubert Burda Media has
invested in internet platforms such as Etsy, zooplus, HolidayCheck, or Xing AG.
BPI is run by a dedicated team of investment professionals based in Munich, London and Singapore.
Burda Principal Investments
KEY CORPORATE FACTS / KPIS
INVESTOR BOOK 131

KEY CONTACTS
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Jean-Marc Jabre
Partner
Email: jeanmarc@capitalD.com
• Co-founded Capital D to invest in disruptive businesses
• Started investment career in early-stage healthcare and technology in Menlo
Park, CA
• Last role as Head of Morgan Stanley Private Equity in Europe
• Leads Capital D's investment in business services, fintech, edtech, e-health
and mobility
Photo
Stephan Lobmeyr
Partner
Email: stephan@capitalD.com
• Co-founded Capital D to invest in disruptive businesses
• Started investment career at Hicks, Muse, Tate and Furst
• Last role as Partner at Change Capital Partners
• Leads Capital D's investment in consumer, retail, sustainability, TIC and
tourism
Full Portfolio • www.capitald.com/investment-portfolio/
Offices London, Luxembourg
Active Markets
Austria, Belgium, Czech Republic,
Poland, Portugal, Spain, Sweden,
Switzerland
Founded 2017
Use of Debt Yes
AUM n/a
Target Geographies
Austria, Belgium, Czech Republic,
Poland, Portugal, Spain, Sweden,
Switzerland
Target Sectors
EdTech, Travel & Transportation,
FinTech, Gaming, Health, Marketing,
Analytics, Digital Services
Deal Structures Majority, Minority, Lead
High growth, disrutive business, platform
potential, profitable company, ambitious
team
Website www,capitald.com
Contact Email n/a
Contact Phone n/a
Capital D is a pan-European private equity fund manager focused on investing in companies that show clear evidence of transforming legacy
business models or have demonstrable potential to do so.
Change is accelerating and in every sector innovative, fast-moving companies are disrupting their industries. Capital D seeks to be their partner of
choice. A new model is necessary to identify and accompany these winners in their journey. Our distinctive approach integrates three competencies:
intelligence, investment and impact. Our senior team combines skills in private equity, corporate and digital transformation, innovation and
entrepreneurship.
Capital D
INVESTOR BOOK 132

KEY CONTACTS
Carsten Pingel
Head of International Investment
Email: cap@egmont.com
• 10 years experience with management consulting, strategy and business
development with focus on online and technology focused businesses
• Specialised in creating value and growth in established businesses and new
Ventures
Ecommerce company in parenting niche selling toys, baby equipment and fashion items
Ecommerce companies specialised within outdoor sports equipment niche
Ecommerce companies specialised within high end kitchen equipment, interior and home appliance robots
Offices
Copenhagen, Oslo, Stockholm,
Gothenburg
Active Markets
Denmark, Finland, Germany, Norway,
Poland, Sweden, UK Global
Founded 1878
Employees 4,000 (of which all in Europe)
Use of Debt No
AUM n/a
Target Sectors E-Commerce
High growth potential, high customer
interest niches, category experts to create
ustainable positions
Website www.egmont.com
Contact Email cap@egmont.com
Contact Phone n/a
Egmont is a leading media group in the Nordic region with activities in 30 countries and 6,200 employees. The Egmont group includes Nordisk Film
and TV 2 in Norway, book publishing and Egmont Publishing, and is part owners of other joint venture businesses. Egmont is a commercial
foundation which generated revenue amounting to EUR 1.5 billion in 2018. Egmont donates 15% of its profits million a year to help improve the lives
of children and young people.
Through a separate ecommerce investment entity Egmont has invested in e-commerce companies since early 2013. The strategy is to obtain leading
positions in high consumer interest niche areas. Egmont typically focus on ecommerce categories where inspiration and other factors demands a
sector specific approach more than a mass market approach. Egmont acts as an active owner with a long term perspective and has a dedicated team
of experts focused on ecommerce solely that cooperates closely with the portfolio companies.
Egmont
INVESTOR BOOK 133

KEY CONTACTS
Mark Joseph
Managing Partner
• Mark Joseph Co-founded EMK Capital having previously been a founding
partner at Oakley Capital Private Equity.
• 25 years of private equity investment and financial advisory experience.
• Investments including Luminati, Verivox, intergenia, Parship, Facile.
• Formerly Managing Director at UBS where he advised on over $60 billion of
transactions.
Simon Dexter
Investment Director
• Investment Director at EMK Capital (Dec 2016 – Present) – Director at Oakley
Capital Private Equity (Jun 2011 – Oct 2016) – Non Executive Director at
Facile.it (Jul 2015 – Sep 2016) – Non Executive Director at PARSHIP GmbH
(Apr 2015 – Sep 2016).
Luminati was acquired by EMK in 2017. Luminati is the world’s leading IP proxy network for businesses.
Verivox was acquired in 2009 by OCPE and is the largest indedpendent consumer portal for energy in Germany.
Verivox offers price comparisons of telecommunications, insurance and finance.
Facile was acquired in 2014 by OCPE and has built a leading market position in the fast-growing Italian online price
comparison market particularly in car insurance.
Parship was acquired in April 2015 by OCPE from Holtzbrinck Digital. As the inventor of scientific matchmaking in
Europe, Parship has helped its members since 2001 to find the right match for a happy long-term relationship.
Full Portfolio www.emkcapital.com/investments/
Offices London
Active Markets UK, Europe etc
Founded 2016
Employees 15
Current Fund Size £575m
Use of Debt Yes
AUM £1bn+
Target Investment Size £30-£100m+
Target Geographies UK, Europe etc
Target Sectors Business Services, Consumer etc
Key Investment Criteria Growth and change
Website www.emkcapital.com
Contact Email info@emkcapital.com
EMK Capital is a UK based private equity fund which invests in businesses where it can support growth and change. In partnering with EMK,
businesses and management teams get access to more than just capital – they work together to generate ideas on how to take a business forward
and act as a catalyst for delivering change.
EMK Capital has the capability to commit to over £100m of equity to a single investment from its fund, and in partnership with limited partners could
commit far more, should a portfolio company require that through the life of an investment.
EMK Capital typically makes majority investments over periods of three to seven years in the business services and consumer sectors. Whilst they
are flexible about the situations they target, they have extensive experience supporting management buyouts, corporate carve outs, growth equity,
special situations and management succession.
EMK Capital
INVESTOR BOOK 134

KEY CONTACTS
Joern Nikolay
Managing Director, Head of DACH
Email: jnikolay@generalatlantic.com
• Joined General Atlantic in 2008
• Previously at TA Associates, Bain & Company and Morgan Stanley
• Board Memberships: Axel Springer Digital Classifieds (previous), FlixBus,
KäuferPortal, Hemnet (previous), ControlExpert, NuCom Group
Christian Figge
Principal
Email: cfigge@generalatlantic.com
• Joined General Atlantic in 2012
• Previously at BC Partners and L.E.K. Consulting
• Board Memberships: Käuferportal, Flixbus, NuCom Group
Leading consumer internet portfolio in the segments of price comparison, experience gift vouchers, matchmaking,
beauty and well-being in Germany that is a carve-out of ProSiebenSat.1, one of the largest European TV
conglomerates
Tech-enabled mobility provider in Germany, offering travelers a comprehensive range of bus routes across the EU
and the U.S. through its online platform
Adyen is a technology company that provides businesses with a single solution to accept payments anywhere in the
world and delivers frictionless payments across online, mobile, and in-store
Full Portfolio • www.generalatlantic.com/portfolio
Offices
New York, Munich, London
(+10 other offices globally)
Founded 1980
Employees 100 – 1,000 (of which 30 in Europe)
Current Fund Size > $13bn
Use of Debt Selectively
AUM > $24bn
Market position, management, market
dynamics, competitive advantage with
intellectual property, barriers to entry
Website www.generalatlantic.com
Contact Email munich@generalatlantic.com
Contact Phone +49 89 558 932 710
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General
Atlantic combines collaborative global approach, sector-specific expertise, long-term investment horizon, and deep understanding of growth drivers
and partners with great management to build exceptional businesses worldwide.
The three main differentiators are (i) the exclusive focus on growth investing, (ii) a patient capital base and (iii) a global, collaborative team con-
sisting of investment professionals, our Resources Group and a Special Advisors network of current and former senior executives.
While most of our investments are minorities, General Atlantic is an active investor that steadily adds value by leveraging our global resources,
helping our companies with growth acceleration, performance improvement, global access, human capital and capital markets topics.
General Atlantic
…
INVESTOR BOOK 135

Alex Migon
Partner
alex.migon@gpicap.com
• Partner of GPI Capital and a member of the Investment Committee
• Previously Portfolio Manager at Ontario Teachers Pension Plan (“OTTP”)
Francois Poulin
Partner
francois.poulin@gpicap.com
• Partner of GPI Capital and a member of the Investment Committee
• Previously Partner and Portfolio Manager at BTG Pactual
Pavel Prokofiev
pavel.prokofiev@gpicap.com
• Joined GPI Capital in 2014, from Capital Group
• Previously at KPMG
Social Finance (“SoFi”) is an online personal finance company that provides student loan refinancing, mortgages
and personal loans
Zeta Global is customer lifecycle management marketing company helping Fortune 1000 brands and large middle-
market companies create, maintain and monetize customers, using “people-based, precision marketing” to provide
customers with enhanced multi-channel marketing solutions to help them manage the full customer life-cycle
Grab is a Singapore-based technology company that offers ride-hailing, ride sharing and logistics services through
its app in Singapore and neighbouring Southeast Asian nations such as Malaysia, Indonesia, Philippines, Vietnam,
Thailand, Myanmar, and Cambodia
Offices London, New York
Active Markets North America, SEA
Founded 2016
Employees 10-20
Use of Debt No
AUM n/a
Target Geographies
Western Europe, North America,
China, SEA
Target Sectors Consumer, Technology, Industrials
Investment Style Strategy and management-supportive
Deal Structures Structured minority equity
Backing late stage growth businesses
offering innovative products in sizeable
addressable markets
Website www.gpicap.com
Contact Email francois.poulin@gpicap.com
Contact Phone +44 (0) 203 198 1645 (Francois Poulin)
GPI Capital is a growth-oriented private-equity firm dedicated to non-controlling investments. GPI leads equity and equity-like financings, typically
investing US$50 million to $300 million for stakes of up to 20% in privately-held late-stage businesses or through negotiated investments in listed
companies. GPI’s investment team has extensive experience structuring equity capital solutions in Western Europe, North America, China, SEA, and
focuses on the consumer, technology and industrials sectors. The firm is partner-owned and operated with offices in London and New York.
Our mission is to be the minority partner of choice to high quality businesses, serving as a management and strategy-supportive, core, stable, long-
term partner. We engage closely at a strategic level with the companies in which we invest, while ensuring our partners have the operating and
strategic freedom to execute on their vision.
GPI Capital
INVESTOR BOOK 136
KEY CONTACTS

INVESTOR DESCRIPTION
KEY CONTACTS
Photo
Michael Kumin
Managing Partner
mkumin@greathillpartners.com
• Responsible for transaction origination, investment policy, fundraising, investor
relations and the general management of Great Hill Partners. His investment
experience covers a broad group of industries, including media, Internet, software,
and business and consumer services.
• Bombas, CliqStudios, Educaedu, PuppySpot, Sugarfina, The RealReal, The Shade
Store, Momondo and Wayfair
Photo
Peter Garran
Partner
pgarran@greathillpartners.com
• Responsible for originating and evaluating investment opportunities in the media,
Internet, software, and business and consumer services sectors.
• Bombas, The Shade Store, Momondo, Educaedu, PuppySpot, CliqStudios and
Sugarfina
The leading online marketplace to consign and buy previously-owned luxury goods
New York City-based direct-to-consumer retailer of premium quality socks
The leading online marketplace for purebred and designer-breed puppies, connecting consumers with a
screened and vetted network of thousands of responsible breeders nationwide
• https://www.greathillpartners.com/active-investments/
Offices Boston
Active Markets North America, Europe, Latin America
Founded 1998
Employees 34 Investment Profesionals
Current Fund Size $1.6B
Use of Debt Occasional
Target Investment Size $30-300m
Target Geographies North America, Europe, Latin America
Target Sectors
Business Services, Consumer Services,
Financial Technology, Healthcare
Technology, Internet, Logistics,
Media/Communications, Software &
Transactions Processing
Growth Oriented:
All Stages Beyond Early Stage
Website www.greathillpartners.com
Contact Email
mkumin@greathillpartners.com
pgarran@greathillpartners.com
kmagan@greathillpartners.com
Contact Phone
617-790-9435
617-790-9475
617-790-9414
Great Hill Partners is a Boston-based private equity firm that has raised over $5 billion in commitments since its inception. We seek to partner with
rapidly growing middle market companies operating in the following sectors; business services, consumer services, financial technology, healthcare
technology, Internet, logistics, media/communications, software and transaction processing. We partner with premier management teams in our areas
of expertise to help them achieve their objectives. We typically invest $30-$300 million in equity in each investment transaction.
Kevin Magan
Vice President
magan@greathillpartners.com
• Responsible for originating and evaluating investment opportunities in the media,
Internet, software, and business and consumer services sectors.
• Bombas, Educaedu and Intapp
INVESTOR BOOK 137
Great Hill Partners
KEY CORPORATE FACTS / KPIS

KEY CONTACTS
Denis Tafintsev
Senior Partner
Email: dtafintsev@horizoncapital.com.ua
• Denis Tafintsev is a Senior Partner and a member of the Investment
Committee. Denis led several notable technology deals, including investments
in Rozetka, Jooble and Ciklum (exited). Denis joined Horizon Capital in 2010
after graduating from Stanford Business School previosuly working for
McKinsey.
Vasile Tofan
Partner
Email: vtofan@horizoncapital.com.ua
• Vasile Tofan is a Partner at Horizon Capital in charge of investments in the
Technology and FMCG sectors. Vasile joined Horizon Capital in 2012,
bringing over five years of management consulting and industry experience.
Vasile received an MBA from Harvard Business School.
Dmytro Boroday
Investment Director
Email: dboroday@horizoncapital.com.ua
• Dmytro is an Investment Director covering Technology sector. Dmytro is
managing Horizon's portfolio companies in e-commerce, IT product and
telecom sectors. Dmytro joined Horizon Capital from McKinsey, where he
advised clients in the Middle East. Dmytro received an MBA from Harvard
Business School
Hanna Shuvalova
Associate
Email: hshuvalova@horizoncapital.com.ua
• Hanna is an Investment Associate covering Technology sector. Dmytro is
involved in portfolio management of companies in e-commerce, IT product
sectors. Hanna joined Horizon Capital from Genesis, leading global IT product
company
Online Retail
Full Portfolio • www.horizoncapital.com.ua/portfolio/
Offices Kiev, Chicago
Founded 2005
Use of Debt No
AUM $750m
Target Sectors Opportunistic
Deal Structures Minority, flexible
Key Investment Criteria Opportunistic
Website www.horizoncapital.com.ua
Contact Email tbega@horizoncapital.com.ua
Contact Phone n/a
Horizon Capital is a leading private equity firm in Ukraine, managing over $700 million in AUM. We invest in fast-growing, export-oriented companies
that generate global revenues and have a presence in Ukraine, usually an R&D center. Horizon Capital invested in a number of highly successful
internet and e-commerce companies, including Rozetka, Jooble, Ciklum (exited) and several other technology companies.
Horizon Capital
INVESTOR BOOK 138

KEY CONTACTS
SaaS based digital location marketing platform
Develops connected fitness equipment and software solutions that enable a fully digitalized gym training
Payment processing solution for Alternative Payment Methods
Full Portfolio • www.hpegrowthcapital.com/companies/
Offices Amsterdam, Düsseldorf, San Francisco
Active Markets Belgium, Germany, Netherlands
Founded 2010
Use of Debt No
AUM €400m
Target Geographies
Austria, Belgium, Denmark, Germany,
Netherlands, Norway, Sweden
Target Sectors
E-Commerce Technology, Media,
Financial Technology, Financial Services,
Hardware
Technology & business model, traction &
growth potential, management team, min.
€500k MRR or €10m revenue
Website www.hpegrowthcapital.com
Contact Email info@hpegrowthcapital.com
HPE Growth Capital (“HPE”) is a technology growth equity specialist targeting investments in high-growth firms (c. 50 – 250 employees) in Northern
Europe, with an emphasis on Germany and the Benelux.
Through the investments in fast growing profitable technology companies HPE seeks to become active partners of the portfolio companies with the
objective to accelerate growth and create future market leaders through internationalization, expansion of sales and marketing, operational
excellence and buy-and-build.
The HPE team typically invests between EUR 10 and 30 million per investment in exchange for a significant minority stake with a strong preference
for primary capital to be used as catalyst for expansion. The skillset of HPE spans across capital markets, lower mid-market technology advisory,
operational corporate development and growth investing in both the US and Europe.
HPE Growth Capital
Manfred Krikke
Partner
mkrikke@hpegrowthcapital.com
Tim van Delden
Partner
tvandelden@hpegrowthcapital.com
• Co-Founder and Chief Investment Officer at HPE. Formerly at Morgan
Stanley, General Atlantic and Avenue Capital Group.
• HPE portfolio companies: Aevi, PPRO, AOG, SFC Energy, Airborne
Martin Karschkes
Senior Associate
• 16 years of technology experience in Silicon Valley, incl. investment banking,
growth equity investing and operations.
• HPE portfolio companies: eGym, Kreditech, NGdata, uberall
• Martin is responsible for the identification and evaluation of investment
opportunities, due diligence and portfolio support.
• HPE portfolio companies involvement: eGym, uberall, SFC Energy, PPRO
mkarschkes@hpegrowthcapital.com
INVESTOR BOOK 139

KEY CONTACTS
Harley Miller
Vice President
Email: hmiller@insightpartners.com
• Harley Miller joined Insight in 2011. He previously worked as an analyst at
Lubert Adler Real Estate Funds in Philadelphia, focusing on acquisition and
asset management
Molly Alter
Associate
Email: malter@insightpartners.com
• Molly Alter joined Insight in 2016.
Europe’s largest hotel meta-search destination, where visitors can easily find the best deal by comparing prices
from over 500,000 hotels and over 100 booking sites worldwide
Every week HelloFresh sends fresh ingredients needed to prepare delicious recipes at home
Worldwide network of online food ordering sites with over 55,000 restaurants connected to its service
Full Portfolio • www.insightpartners.com/portfolio/
Offices New York
Founded 1995
Use of Debt Yes
AUM $18bn
Target Sectors
Software, Internet & Tech-enabled
Services
Key Investment Criteria Growth
Website www.insightpartners.com
Contact Email hmiller@insightpartners.com
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that
are driving transformative change in their industries. Founded in 1995, Insight has raised more than $8bn and invested in more than 200 companies
worldwide. Its mission is to find, fund and work successfully with visionary executives providing them with practical, hands-on growth expertise to
foster long-term success.
Insight Venture Partners
INVESTOR BOOK 140

KEY CONTACTS
Photo
Nicolas Slim
Partner
Email: Slim@l1technology.co.uk
• Previous experience: Summit Partners, Goldman Sachs
With +235m subscribers, Veon is #8 largest telecom operator globally. Veon operates across 12 markets (key markets: Italy,
Russia, Pakistan, Bangladesh, Ukraine and CIS). Veon is headquarted in Amsterdam and listed on Nasdaq and Amsterdam
stock exchanges
Largest converged telecom operator in Turkey with 50m subscribers. With its extensive digital app portfolio, Turkcell leads
digital revolution in the telecom sector globally. Turkcell is listed on Istanbul and New York stock exchanges
$200m investment. L1T strategic partner for Russia
Telco Billing & CRM system, strategic partnership with Ericsson, Helsinki headquartered
Data based MVNO, freemium model, California headquartered
Offices London
Active Markets Europe, Israel, Emerging Markets
Founded 2015
Employees 10-20
Current Fund Size
Permanent capital; part of $24bn
investment group
Use of Debt Depending on investment profile
AUM ~$5bn
Target Investment Size > $100m per investment
Target Geographies Europe, Israel, Emerging Markets
Target Sectors
Software, B2B data, marketplaces,
telecom
Deal Structures Control, joint control, large minority
Platforms with international expansion
potential
Website
www.letterone.com/our-businesses/l1-
technology
Contact Email office@l1technology.co.uk
L1 Technology looks for investment opportunities within the global technology space with a strong focus on the software and data sectors. We seek to
invest in technology businesses which can be leveraged as platforms to expand internationally, through acquisitions or broadening the product set
Our permanent capital and long term operational focus, provides L1 Technology with the ability to underwrite hold periods longer than a typical private
equity fund. In addition, we have the flexibility to own majority control positions or large minority stakes.
We have appointed an Advisory Board of internationally renowned Industry leaders and specialists. They are deeply involved in supporting the
investment team. L1 Technology’s Advisory Board includes Nadeem Syed (CEO of Finastra and former group VP at Oracle), Jos White (Founder of
MessageLabs), Brent Hoberman (Founder of Lastminute.com and Made.com), Osama Bedier (former Vice President of Payments at Google and head
of Google Wallet, current Founder/CEO of Poynt), and Denis O’Brien (Founder of Digicel and ESAT Telecom Group).
Based in London, L1 Technology has recruited a strong team of deal professionals from Blackstone, Summit Partners, Morgan Stanley and McKinsey
LetterOne Technology
INVESTOR BOOK 141

KEY CONTACTS
Bo Ilsoe
Partner
Walter Masalin
Partner
Babbel is the market-leading app for language learning
Deliveroo is a technology company that focuses on marketing, selling, and delivering restaurant meals to the
household or office
GetYourGuide is a booking platform for tours and activities, offering a variety of travel experiences through their
global supplier network
Full Portfolio • www.ngpcap.com/companies
Offices Palo Alto, Helsinki, Beijing
Founded 2005
Employees c. 12
Use of Debt No
AUM $1.2bn
Target Sectors
E-Commerce Technology, EdTech, Travel
& Transportation, Analytics
Shipping product or service, a few million
in revenue and expereinced management
team
Website www.ngpcap.com
Contact Email n/a
Contact Phone n/a
Providing deep industry expertise and an extensive network, NGP Capital helps entrepreneurs accelerate company growth. With offices in the US,
Europe, India and China, NGP capital extends the reach of companies making their products and services local everywhere. The active portfolio
includes companies such as Deliveroo, Moovit, GetYourGuide, Clue, Babbel and more. Among NGP Capital’s portfolio exits are China’s largest M&A
exits of all time; Ganji and Ucweb and one of the largest exits in Europe 2017; heptagon. Visit www.nokiagrowthpartners.com for more information.
NGP Capital
Jacob Fellman
Associate
Ossi Tiainen
Associate
INVESTOR BOOK 142

KEY CONTACTS
Photo
Claas van Delden
Co-CEO and Managing Director
Email: Claas.Van.Delden@NuCom.Group
• Claas van Delden is Co-CEO of NCG – NuCom Group SE and Managing
Director of NCG Commerce GmbH. He has been involved in ProSieben’s
digital business since 2012 and was initially responsible for growing the
strategic digital commerce portfolio as Managing Director of
SevenVentures. Before joining ProSiebenSat.1’s investment arm, Claas
worked at Holtzbrinck Digital and the Boston Consulting Group, among
others.
Florian Tappeiner
Co-CEO and Managing Director
Email: Florian.Tappeiner@NuCom.Group
• Dr. Florian Tappeiner is Co-CEO of NCG – NuCom Group SE and
Managing Director of NCG Commerce GmbH. Florian Tappeiner has been
at ProSiebenSat.1 since 2015 and has led the Group's M&A Department as
Executive Vice President M&A. Before ProSiebenSat.1, Florian was
Director of the Private Equity firm H.I.G. Capital.
A leading online price comparison (OPC) player in Germany
Number one online matchmaker in Germany, Switzerland and Austria
The leading German marketplace in experience and gift vouchers
Full Portfolio • https://www.nucom.group
Offices Unterföhring, Germany
Active Markets International
Founded 2018
Employees 100-1,000
Use of Debt n/a
AUM €1.8bn
Target Geographies International
Target Sectors n/a
Deal Structures n/a
Website www.nucom.group
Contact Email info@nucom.group
Contact Phone n/a
NuCom Group is a majority-owned subsidiary of ProSiebenSat.1 Media SE, one of Europe's leading media companies and Germany's biggest TV
Network.
Since 2018, General Atlantic as one of the leading global growth equity firms has also invested a significant stake in the NuCom Group.
Through leveraging ProSiebenSat.1's media power and expertise combined with General Atlantic's operational and investment excellence, we
accelerate the strong growth path of our portfolio companies and create superior value both for Investors and our portfolio companies.
Ownership split: 75% ProSiebenSat.1 and 25% General Atlantic.
NuCom Group
INVESTOR BOOK 143

KEY CONTACTS
Stuart Paterson
Partner
Email: stuart.paterson@sep.co.uk
• A founding Partner of SEP, Stuart has been investing in technology
companies for over 20 years. He focuses on investment opportunities in
software, internet and digital media.
• Companies: Babbel, Mister Spex, Peppermint Technology, SportPursuit
Tim Ankers
Principal
Email: tim.ankers@sep.co.uk
• Tim focuses on investments in software and consumer internet businesses.
• Companies: Content Guru, Babbel, Mister Spex, Lovecrafts
Almost 2 million customers use Babbel for online language learning and its products cover 8,500 hours of content
in 14 languages. Babbel has a team of more than 600 people in Berlin and New York.
Content Guru provides cloud-based contact centre software to large enterprise customers across a diverse range
of sectors. The business is focussed on international expansion, especially in Asia Pacific having recently signed a
large partnership deal with the Japanese technology conglomerate Rakuten.
Founded in 2005, Dotmatics’ cloud-based informatics software is used by scientific researchers within large
pharmaceutical and biotech companies. More than 50% of revenue is generated in the US with ambitious
expansion plans in Europe and Asia.
Full Portfolio • www.sep.co.uk/companies/
Offices London, Glasgow, Edinburgh
Founded 2000
Employees 45 (all in Europe)
Use of Debt No
AUM €1bn
Target Investment Size €10m to €30m
Target Geographies UK, Ireland, Europe
Target Sectors
Software, internet and tech-enabled
services
Deal Structures
Minority in B rounds, secondary alongside
primary in later stage deals
Equity for growth stage technology
companies
Website www.sep.co.uk
Contact Email enquiries@sep.co.uk
Scottish Equity Partners (SEP) is a leading, technology specialist, growth equity firm. SEP invests across Europe in ambitious, innovative technology
companies with a global outlook.
With an experienced team, deep sector knowledge and substantial networks, the firm actively engages with its portfolio companies to accelerate
growth and international expansion. The firm has €1 billion under management and one of the longest and strongest track records in Europe having
invested in over 150 technology companies over the last 20 years. Sectors of interest include software, internet and tech-enabled service businesses.
Global travel search business Skyscanner is one of four SEP investments to have secured an exit of over $1bn in recent years and its current portfolio
contains some of Europe’s most exciting and innovative companies including luxury fashion retailer Matchesfashion.com, scientific informatics
software provider Dotmatics, cloud contact centre software provider Content Guru, language learning business Babbel, online eyewear retailer Mister
Spex and sports flash sales business SportPursuit.
Scottish Equity Partners (SEP)
INVESTOR BOOK 144

KEY CONTACTS
Reshma Kalimi Casale
VP
Email: Reshma@stripesgroup.com
Rachael Foo
Assocaiate
Email: Rachael@stripesgroup.com
Full Portfolio • www.stripesgroup.com/investments
Offices New York
Active Markets US, UK, Europe, Asia
Founded 2008
Current Fund Size ~$500m
Use of Debt Yes
AUM $2.2bn
Target Geographies US, UK, Europe, Asia
Target Sectors Internet, Software, Consumer
Deal Structures Flexible.
$5m+ in revenue, rapid growth, category
leading tech/brand
Website www.stripesgroup.com
Contact Email Reshma@stripesgroup.com
Contact Phone n/a
Stripes Group is a leading growth equity firm that makes $10-150 million investments in Internet, Software, Healthcare IT and
Branded Consumer Products businesses.
Stripes Group
INVESTOR BOOK 145

KEY CONTACTS
Steffan Peyer
• Steffan first joined Summit Partners as an Associate in 2007. Today, he
focuses on the technology sector in Europe
• Prior to rejoining Summit in 2013, Steffan was a member of the management
team of Turbulenz Limited. Before that, he worked for UBS Investment Bank
Shaun Dunlop
• Shaun focuses primarily on the technology sector in Europe
• Prior to Summit, Shaun worked for Goldman Sachs in London, where he was
a member of the TMT & Industrials M&A team and subsequently the
Fundamental Strategies Group, covering TMT on the proprietary trading desk
Provider of cyber security technology. Darktrace’s solution represents a new class of cyber defense software that
helps large enterprises and governments detect advanced threats and anomalous behavior within their networks.
Provider of enterprise SaaS process and decision management systems
Provider of enterprise SaaS marketing information systems
Full Portfolio • www.summitpartners.com/companies
Offices London, Boston (HQ), Menlo Park
Founded 1984
Current Fund Size €700m in Europe ($9.5bn globally)
Use of Debt In certain situations
AUM $21bn
Target Sectors
Technology, Internet, Enterprise Software,
Mobile, Telecommunications
Investment Style
Active (with on demand operational
resources)
Key Investment Criteria Growth and capital efficiency
Website www.summitpartners.com
Contact Email sdunlop@summitpartners.com
Summit Partners is a leading global growth equity firm. They work with owners and management teams to maximize the long-term value of their
companies. Since their inception in 1984, Summit has raised over $21bn of capital on behalf of a prestigious group of institutional investors. They
have invested in more than 460 companies in technology, healthcare and other growth sectors. These companies have completed more than 150
public offerings, and in excess of 180 have been acquired through strategic mergers and sales. Summit opened its European office in 2001 and has
since invested more than €2bn in capital across 12 European countries.
Recent news worth highlighting: Avast, a Summit portfolio company, recently completed a $5bn IPO on the London Stock Exchange, representing the
largest ever software IPO in European history. Summit was the first institutional investor into Avast and helped grow the company from $29 million in
revenue and $21 million in EBITDA in CY 2009, the first full year before Summit invested, to $780 million in revenue and $451 million in EBITDA for
CY 2017.
Summit Partners
INVESTOR BOOK 146

KEY CONTACTS
Photo Yoran Valler
General Partner
Photo Alex Frolov
General Partner
AUTO1.com – The online marketplace for efficient buying and selling of inspected used cars. It is exclusively for car
dealers
BAT is a Facility Management platform . It connects customers with cleaning services as well as additional services
through its network
DocPlanner is an online healthcare platform enabling patients to find local physicians online and book appointments
Full Portfolio • www.targetglobal.vc/portfolio/
Offices Berlin, Moscow, Tel Aviv, San Francisco
Active Markets Europe, Israel, US
Founded 2012
Employees c. 40
Use of Debt Yes
AUM $533m
Target Geographies Europe, Israel, US
Target Sectors
B2C and B2 SMB companies in E-
Commerce, FinTech, Travel, Software,
Mobile
Digital transformation, scalable
international businesses
Website www.targetglobal.vc
Contact Email info@targetglobal.vc
Contact Phone n/a
Target Global is an international Venture Capital firm headquartered in Berlin, with over EUR 600 million in assets under management. Connecting
the key European startup ecosystems we leverage the unique DNA of each of our target geographies, across our global network. Building on our
experienced team with substantial operational and investment experience, we help exceptional entrepreneurs to build market leaders. Target Global
follows a lifecycle approach, investing in fast-growing online platforms, targeting trillion $ markets. Our partners have been investing for more than 15
years in the digital technology space, backing some of the European success stories. The Target Global portfolio includes companies such as Auto1,
Delivery Hero, GoEuro, Dreamlines and WeFox.
More about Target Global: www.targetglobal.vc
Target Global
Photo Shmuel Chafets
General Partner
INVESTOR BOOK 147

KEY CONTACTS
Jessica Archibald
Managing Director
Email: jarchibald@ttcp.com
• Jessica is a Managing Director and member of the Investment Committee at
Top Tier Capital Partners. She is dedicated to the fund Investment Team and
currently leads the capital formation efforts for the Firm. She was the driving
force behind establishing the Investment Team’s database, The Mine. It was
Jessica’s analytical vision to leverage data to enhance the risk-adjusted
returns for Top Tier’s investors. Her focus on data has helped the Investment
Team balance the promise frontier technologies offer with the financial returns
LPs desire/.
Zuora is an enterprise software company that designs and sells SaaS applications for companies with a subscription
business model. Zuora's applications are designed to automate billing, commerce, and finance operations.
Smartsheet is a collaborative, cloud‐based project management and workflow tool which utilizes a grid‐like interface
that resembles Excel. The software platform is used by individuals and companies of all sizes to manage projects and
get work done from any device or browser. The online application combines the ease of use of a spreadsheet with
collaborative file sharing and discussions, visual timeline management and automated workflow capabilities.
Carbon Black provides a complete solution against advanced threats that target organizations’ endpoints and servers,
making it easier to see and stop those threats. Carbon Black enables organizations to arm their endpoints by
combining continuous, real-time visibility into what’s happening on every computer; real-time signature-less threat
detection; incident response that combines a recorded history with live remediation; and prevention that is proactive
and customizable.
Full Portfolio www.ttcp.com/#portfolio
Offices San Francisco, California
Founded 1999
Employees 25-35
Current Fund Size
Use of Debt No
AUM $7.6b capital committed
Target Investment
Size
$5m - $25m
Target Sectors Technology and Healthcare
Investment Style
Key Investment
Criteria
Thoughtful venture capitalists and passionate
entrepreneurs looking to evolve the European
ecosystem with a global partner
Website www.ttcp.com
Contact Email jarchibald@ttcp.com
Top Tier Capital Partners is a San Francisco based registered investment adviser building customized venture capital portfolios. With $7.3 billion
capital commitments, Top Tier offers funds and customized solutions by investing in primary and secondary investments in venture capital and growth
equity funds and co-investments in select portfolio companies.
Top Tier’s value-add lies in the experience, deep networks, industry insights and superior client service accumulated over two decades in Silicon
Valley. When selecting managers, Top Tier uses both quantitative and qualitative data, including their proprietary database (The Mine), which holds
extensive data regarding market dynamics for potential exits. Using this balanced approach to due diligence and access, the team seeks to create
diverse portfolios that are built to spot emerging trends early and to deliver optimal venture returns.
Top Tier Capital Partners
INVESTOR BOOK 148

KEY CONTACTS
Photo
Name: Henrik Aspén
Title: Partner
Email: henrik.aspen@verdane.com
• Henrik is the co-head of the Consumer Internet sector at Verdane and has
been active in the acquisition of several portfolios and direct investments. He
works closely with companies active in the internet retail and software space.
• Companies: EasyPark, Smava, Desenio, Eleven
Name: Emanuel Johnsson
Title: Director
Email: emanuel.johnsson@verdane.com
• Emanuel has more than 10 years of experience from growth equity
transactions and manging assets within the broader cloud enabled software
industry
• Companies: Hornetsecurity, Searchmetrics
European leader in digital parking marketplace. Verdane came on board in 2012 and from 2012 to 2017, revenue
and EBITDA CAGR has been +30.4% and 38.4% p.a. with a Net Promotor Score (customer satisfaction) of 86%
Leading German online platform for digital lending, with comprehensive product suite. Verdane came on board in
2016 and supported Smava in M&A discussions and adding adjacent products to build tighter customer
relationships.
Leading European SaaS provider of proprietary enterprise Search Engine Optimisation (SEO) and content
marketing suite. Verdane came on board in 2016 and has invested for further growth and supported a new go-to-
market model.
Full Portfolio www.verdane.com/holdings
Offices 6
Active Markets Northern Europe
Founded 2003 (spin-out from FSV founded 1985)
Current Fund Size
Verdane Capital IX: GBP 255m
Verdane Edda: GBP 255m
Use of Debt Yes
AUM GBP 1bn
Target Investment Size GBP 10m – GBP 50m
Target Geographies Northern Europe
Target Sectors
Consumer Internet, Software, Energy,
Advanced Industrial
Rapid growth trajectory, supported by
long-term structural growth trends with
technology as a fundamental driver
Website www.verdane.com
Contact Email office@verdane.com
Verdane funds seek to be the preferred investor and active owner of technology-enabled growth companies in Northern Europe. They provide flexible
growth capital to fast-growing software, consumer internet, energy or high-technology industry businesses. Verdane funds invest in companies with a
strong growth potential, mainly within consumer internet, software, energy and advanced industrial sectors.
Verdane approaches each investment by seeking to build value and boost growth. Taking advantage of deep industry insights and expertise, the
funds have an active-ownership approach, investing significant time in understanding a company’s opportunities, challenges and growth potential.
Verdane’s portfolio companies gain access to extensive networks, in the Nordics and globally, as well as key growth enablers, such as potential
industrial, commercial and channel partners, management hires, board members and local advisers in new regions. Verdane’s goal is to always
deliver more than capital.
Verdane
INVESTOR BOOK 149

KEY CONTACTS
World’s largest luxury online destination, enabling high end fashion boutiques to sell branded luxury apparel and
accessories to consumers in more than 150 countries. Listed on NYSE since September 2018.
World’s leading artificial intelligence company for cyber defence. Applies biological principles of the human immune
system to identify and protect against cyber threats in over 7,000 deployments globally across industries.
Leading global retail deposit marketplace connecting over 70 banks to more than 30 million savers. The Company
doubled the total volume of transmitted deposits within the last nine months to over €9 billion.
Germany's largest independent consumer loan portal connecting borrowers with personal loan offerings from over
25 partner banks. The Company has originated over €3 billion in loans to date.
Offices
London, Munich, Stockholm,
San Francisco, Luxembourg
Active Markets Europe & US
Founded 2007
Employees 51-100 (of which over 50 in Europe)
Current Fund Size €2.4bn
Use of Debt Yes
AUM €5bn
Target Geographies Europe & US
Target Sectors
Technology & Internet, Life Science &
Healthcare, Travel & Transportation,
Financial Services, Business Services
Deal Structures Majority, Minority, Flexible
Strong growth supported by
sustainable business model
Website www.vitruvianpartners.com
Contact Email ludwig.scherm@vitruvianpartners.com
Vitruvian is a growth investment firm, offering innovative companies and entrepreneurs both primary and secondary capital across majority and
minority investment structures, spanning growth capital and growth buyouts in Europe. The firm focuses on investing in ‘dynamic situations’ – fast
growing businesses in industries characterised by growth and change such as digital, software, media, telecoms, healthcare, financial services,
business services and leisure.
Vitruvian is currently investing its third fund of €2.4 billion, one of the largest pools of capital supporting growth companies in Europe. It has
offices in London, Munich, Stockholm, San Francisco and Luxembourg.
Vitruvian Partners
Torsten Winkler
Partner
• At Vitruvian since 2009, responsible for the firm’s activities in DACH and focused on Technology and Life
Sciences & Healthcare sectors
• Companies include Deposit Solutions, Doctari, Smava, Technogroup and Verastar
Thomas Studd
Partner
• At Vitruvian since 2009, focused on the Media and Technology, Telecoms & Internet sectors
• Companies include Just Eat, Farfetch, Ebury, Trustpilot, Vestiaire Collective and Carwow
Jussi Wuoristo
Partner
• At Vitruvian since 2007, responsible for the firm’s activities in the Nordics and focused on Technology, Internet
and Business Services sectors
• Companies include Just Eat, Easypark, Smava, CRF Health, Unifaun, Accountor and Benify
Sophie Bower-Straziota
Managing Director
• At Vitruvian since 2012, focused on the Financial Services, Internet and Software sectors
• Companies include Darktrace, CFC Underwriting, Phlexglobal, CRF Health, Farfetch, Skyscanner and RL360
INVESTOR BOOK 150

KEY CONTACTS
Nassim Cherchali
Managing Director
Email: Nassim.Cherchali@anacapfp.com
• Nassim is a Managing Director in the M&A team
• He joined AnaCap in 2008 and previously worked at Lehman Brothers and
PAI Partners
Tassilo Arnhold
Managing Director
Email: Tassilo.Arnhold@anacapfp.com
• Tassilo is a Managing Director in the M&A team
• He joined AnaCap in 2015 and previously worked at Barclays Capital and
Wills Capital Markets & Advisory
Heidelpay is a DACH omni-channel payment service provider with a leading technology platform for e-commerce
Ellisphere is a leading French B-2-B credit data-service provider, delivering solutions for Credit Risk Management,
Marketing, and Compliance
Nest Bank is a full-service Polish Retail and SME bank with a market leading digital platform and distribution model
Full Portfolio • www.anacapfp.com/portfolio
Offices London
Founded 2005
Employees 63
Use of Debt Yes
AUM €3.8bn
Target Investment Size €50 - €250m
Target Sectors Financial Services
Deal Structures Control or Influential Minority
Digital Transformation, High Growth,
Scalable Operating Model, Clear Path to
Profitability
Website www.anacapfp.com
Contact Email contact@anacapfp.com
AnaCap is Europe’s largest specialist private equity investor solely focusing on the European financial services sector. Founded in 2005, the firm has
raised €3.8bn of funds to date for its complementary private equity and credit strategies and completed over 60 investments across 14 European
jurisdictions.
The AnaCap private equity funds target buy-outs of European mid-market Financial Services companies, investing across the sector from capital-
intensive to fee-based/services operating models. AnaCap seeks opportunities to transform businesses, leveraging the benefits of sector specialism
through a proven and replicable value creation model, into disruptive digital players positioned for rapid growth and sustained profitability.
AnaCap Financial Partners
INVESTOR BOOK 152

KEY CONTACTS
Mark Beith
Managing Director
• Mark Beith is Managing Director of Apax Digital and leads the team in Europe.
He focuses on minority and buyout investments in high-growth software,
internet and tech-enabled services businesses. He joined Apax in 2017 and
has over 13 years of experience. He is based in London.
Nicolas Dupuis
Associate
• Nicolas Dupuis joined Apax Digital in 2017 as part of the team covering
Europe. He focuses on minority and buyout investments in high-growth
software, consumer internet and tech-enabled services businesses.
SoYoung: The largest online marketplace for aesthetic medical treatments in China
Leading B2B travel technology and service provider
The leading consumer internet business in Israel with the largest digital yellow pages, largest online price
comparison and several other leading specialized websites including Rest, Doctors and Mitchatnim.
Full Portfolio • www.apax.com/investments/all-investments/
Offices
London, Barcelona, New York, Hong Kong,
Munich, Mumbai, Sao Paolo, Shanghai, Tel
Aviv
Founded 1969
Use of Debt Yes
AUM $40bn
Target Geographies
North America, Europe, Brazil, India,
China
Target Sectors
Consumer. Healthcare, Services, Tech &
Telco
Deal Structures Control
Key Investment Criteria Sector focus
Website www.apax.com
Contact Email N/A
With over $40 billion raised over the last 30 years, Apax Funds have a proven strategy of sector focused investing, looking for opportunities where
capital, experience and insight can release the potential of businesses and lead to significant growth. Our sector focus, combined with an established
network of local offices and a global platform, represents the foundation of Apax Partners' strategy. Currently, the portfolio companies in which our
funds invest employ in excess of 270,000 and have an enterprise value in excess of €72 billion.
Apax Partners
INVESTOR BOOK 153

KEY CONTACTS
Yannic Metzger
Investment Manager
Email: yannic.metzger@ardian.com
• Yannic Metzger joined Ardian in Frankfurt in 2015 as an Analyst within the
Expansion team. Previously, he worked in the private equity practice of
Deutsche Beteiligungs AG and in Commerzbank’s leveraged finance
department.
T2O media is a Digital Media Agency founded in 2004, that designs and manages marketing and communication
strategies with a results orientated approach (Paid, Owned, Earned Media, relying always on Technology).
Sarbacane Software was founded in 2001 and has established itself over the past 15 years as a leader in email and
digital marketing in France and Europe.
Founded in 1985 by French architects, Abvent is a group currently based in Paris, the leader in software and
services for architects and construction professionals (ARCHICAD, ClimaBIM, Rhino 3D, BIMoffice), and a key
player in the imaging segment (Twinmotion, Artlantis, iVIsit360, RenderIn).
Full Portfolio • www.ardian.com/en/companies-list
Offices
Paris, London, Frankfurt, Milan, Madrid,
Zurich, New York, San Francisco, Beijing,
Singapore, Jersey and Luxembourg
Founded 1996
Employees >490
Current Fund Size Direct Fund: $16bn
Use of Debt Yes
AUM $67bn
Target Sectors
Consumer Goods & Services, Energy,
Business Services and TMT
Deal Structures Control
Website www.ardian.com
Contact Email press@ardian.com
Ardian, founded in 1996 and led by Dominique Senequier, is an independent private investment company with assets of US$62bn managed or
advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and
delivers investment performance to its global investors while fuelling growth in economies across the world. Ardian’s investment process embodies
three values: excellence, loyalty and entrepreneurship.
Ardian
INVESTOR BOOK 154

KEY CONTACTS
Tobias Weidner
Principal
• Previously: Wittur Board Director, Minxli Board Director
SurveyMonkey is the world’s leading online survey platfrom
DocuSign is the global standard for Digital Transaction Management (DTM)
Flywire is a leading provider of international payment solutions, connecting their clients with other businesses and
consumers on six continents
Full Portfolio • www.baincapitalventures.com/portfolio/
Offices 14 offices worldwide
Founded 1984
Employees >900
Current Fund Size > $75bn
Use of Debt Yes
AUM > $75bn
Target Sectors Across sectors
Deal Structures n/a
Website www.baincapital.com
Contact Email n/a
Contact Phone n/a
Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms that creates lasting impact for investors, teams,
businesses, and communities. Since the founding in 1984, Bain Capital has applied their insight and experience to organically expand into several
asset classes including private equity, credit, public equity and venture capital. Bain Capital leverages its shared platform to capture cross-asset class
opportunities in strategic areas of focus. With offices on four continents, the global team aligns Bain Capital’s interests with those of the investors for
lasting impact.
Bain Capital
INVESTOR BOOK 155

KEY CONTACTS
Jens Abend
Market Advisor
Email: jens.abend@capvis.com
• Jens has been working with Capvis since 2016. Jens was previously CEO of
LR-Health & Beauty Systems GmbH, Ahlen and spent over 15 years at
McKinsey & Company. Inc. Jens was a member of the board at Fielmann AG.
Jens holds a Dr. rer. pol., from the University of Augsburg.
arena is one of the world’s reference brands in aquatic sports. For over 40 years, arena has equipped the world’s
Olympic gold medallists and watersport lovers with racing, training and leisure swimwear built on a foundation of
technology and innovation. (Fund Capvis III)
VAT Holding AG is the global market leader in the development, manufacture and sale of vacuum valves for the
semiconductor and vacuum coating industries. (Fund Capvis IV)
RENA is a global leading supplier of production equipment for wet chemical surface treatment. RENA products are
used in the areas of application Renewable Energy, Medical and Electronics. (Fund Capvis IV)
Full Portfolio • www.capvis.ch/en/capvis-funds/structure-capvis-funds-overview.html
Offices Baar, Frankfurt, Shanghai
Active Markets Switzerland, Germany and Austria
Founded 1990
Employees 11 - 50
Use of Debt Yes
AUM €1.9bn
Target Geographies Switzerland, Germany and Austria
Target Sectors
Service/Trading, Engineering, Consumer
Goods, Industrial Goods, Electronics,
Automotive Supplier, Chemicals
Deal Structures Majority, Minority
Dynamic entrepreneurialism focused on
achieving ambitious targets
Website www.capvis.ch
Contact Email n/a
Capvis Equity Partners AG is the exclusive advisor to the Capvis Funds and is domiciled in Baar, Switzerland, with a subsidiary in Frankfurt and a
representative office in Shanghai. The team is supported by a broad network of industry sector specialists. The primary point of contact for
companies, investors, management and the public is Capvis Equity Partners AG.
The Management Team of Capvis Equity Partners AG looks back on a success story of over 15 years. The team established the Capvis I Fund in
1999 and founded the management company Capvis Equity Partners AG. Capvis is the successor organization of SBC Equity Partners. From 1995
until the merger of UBS and Swiss Bank Corporation SBC in 1998, SBC Equity Partners was the Private Equity investment division of Swiss Bank
Corporation. Before 1995, the investments were made by the equity banking division of Swiss Bank Corporation.
Capvis has been fully independent since 2003.
The Capvis Management team has been working together for many years and looks back on a track record that spans over two decades. Since
1990, Capvis has concluded 52 transactions with a total volume of more that EUR 5 billion.
Capvis Equity Partners
INVESTOR BOOK 156

KEY CONTACTS
Offices In 14 countries over three continents
Active Markets Europe, Asia, US
Founded EQT Partners AB 1994
Employees In total: ~562
Current Fund Size
EQT VIII: €10.75bn, raised in 2018
EQT MM Europe: €1.6bn, raised 2017
Use of Debt Yes
AUM ~ €50bn capital raised in 26 funds
Mid – to Large-Cap companies, Equity
investments will typically range between
€50m – €1,000m
Target Sectors
Software, IT Services, Data Monetization,
Fiber, FinTech, Classifieds / Market
places / OPC
Investment Style Buyout Investments
Deal Structures Control, joint control
Growth opportunities, leading market
position, performance improv. potential
Website www.eqt.se
Contact Email Dominik.Stein@eqtpartners.com
EQT seeks high-quality, market-leading, medium-sized to large companies in Northern and Central Europe with significant value-creation
opportunities. Targeted companies should have the potential for value creation by investing in growth, in performance improvement, and e.g.
active participation in industry consolidation through add-on acquisitions. The typical equity investment opportunity ranges between EUR 50
million and EUR 1000 million.
EQT Partners
• Largest Secure SD-WAN Provider in Europe which unites network operations, data analytics, and security
operations as a service
• Leading online price comparison site in Italy
• Global leading provider of customer experience mgmt., digital marketing and e-commerce software enabling
customers to drive performance via personalized content, increasingly facilitated by machine learning / artificial
intelligence
• Leading global hotel B2B wholesale platform
• Music-tech company offering high-quality music, primarily targeting video content production clients, in-store
music and streaming platforms
• Germany’s largest online retailer for automotive spare parts & accessories
Full Portfolio • www.eqt.se/Portfolio-Companies/Current-Portfolio/
• Dominik Stein
• Partner, Head of TMT Sector
• Joined EQT in September 2006
• Email: Dominik.Stein@eqpartners.com
• Florian Funk
• Partner, Head EQT Mid Market DACH & BeNeLux
• Joined EQT in May 2008
• Email: Florian.Funk@eqtpartners.com
• Jens Zuber
• Director, Deputy Head of TMT Sector
• Joined EQT in April 2011
• Email: Jens.Zuber@eqtpartners.com
• Hajo Krösche
• Director
• Joined EQT in August 2013
• Email: Hajo.Kroesche@eqtpartners.com
INVESTOR BOOK 157

KEY CONTACTS
Justin Kent
Partner
Email: jk@fsncapital.com
• Justin joined FSN Capital in 2018. Prior to joining FSN, Justin spent nearly
four years at Capvis Equity Partners, where he was responsible for
investments in the Consumer sector. Before that, Justin spent nearly eight
years at The Riverside Company, focusing on investments throughout
Europe.
Mørenot Group consists of companies with leading positions in the international market as suppliers to customers in
fisheries, aquaculture and marine seismic
Gram Equipment is a global market leader within advanced ice cream processing equipment
Holmbergs Safety System is a leading global supplier of mission critical safety systems to the child safety seat
industry
Full Portfolio • www.fsncapital.com/index.php/investments
Offices Oslo, Copenhagen, Stockholm, Munich
Active Markets Nordics
Founded 2000
Current Fund Size €1bn
Use of Debt Yes
AUM €2.1bn
Target Geographies Nordics
Target Sectors
Industrial, Business Services, Consumer
& Retail, Healthcare & Education and TMT
Deal Structures n/a
Website www.fsncapital.com
Contact Email admin@fsncapital.com
FSN Capital is a leading Nordic private equity investment company focused on the middle-market segment. Originally established in 2000, FSN
Capital seeks to make control investments in Nordic companies with significant potential to become international leaders.
FSN Capital Partners
INVESTOR BOOK 158

KEY CONTACTS
Sumeet Gulati
Partner
Email: g@genui.de
• Previously: Partner at EQT Partners, Angermann & Partner Consulting
Patrick Gehlen
Partner
Email: pg@genui.de
• Previously: Investment Director at EQT Partners, Senior Banker at Deutsche
Bank
Oliver Serg
Partner
Email: os@genui.de
• Previously: Investment Director at EQT Partners, CFC Industriebeteiligungen
(small/mid cap special situations fund)
Leading food manufacturer for premium mass customised muesli in Germany
Leading German market online boutique for luxury and premium handbags and related accessories
Fast growing B2B e-commerce player
Offices Hamburg
Founded 2014
Use of Debt No
AUM n/a
Target Sectors
Retail, E-Commerce Technology, Media,
Health, Marketing, Analytics, Digital
Services, Software
Deal Structures Majority, Minority, Joint Control, Control
Strong management, profitable growth-
oriented business, established business
Website www.genui.de
Contact Email info@genui.de
GENUI is a private investment firm established by a group of exceptional entrepreneurs and investment professionals. What sets GENUI apart is a
unique combination of entrepreneurial ability, a strong network, and expertise in processes and governance. The GENUI entrepreneurs have built up
larger businesses successfully and have also added value to enterprises by taking active ownership roles as non-executive board members when
making substantial investments in the respective companies.
GENUI
INVESTOR BOOK 159

KEY CONTACTS
Lucian Schoenfelder
Director
• With KKR since 2007, responsible for European growth equity. Previously
Associate at J.P. Morgan
• Companies: trainline.com, Scout24 Switzerland, arago, Clicktale, Optimal+
and GetYourGuide
Leading provider of wireless audio and home theatre products for the connected home
Community and e-commerce sites in the automotive, careers, home, shopping, and travel and leisure verticals
Leading multi-vertical eRetailer focused on health & fitness, beauty & apparel
Growth Portfolio
Offices
New York, London, Menlo Park, Hong
Kong, Tokyo, Sao Paulo and others
Founded 1976
Employees
190 Investment Professionals
50 Operational Professionals
Current Fund Size €6bn (Europe III)
Use of Debt Flexible
AUM €131bn globally
Growth Equity: $10m - $100m
Private Equity: $100m - $2bn equity
Target Sectors
Media, Technology, Consumer, Retail,
Energy, Financial Services, Healthcare,
Infrastructure and others
Deal Structures
Flexible deal structuring, including minority
positions or partnerships
Best-in-class Management team,
operational & technology excellence,
growth potential, profitability or clear path
to profitability
Website www.kkr.com
Contact Email n/a
Contact Phone n/a
Global Presence: 22 offices in 16 countries and a unique network for global roll-outs.
Focus on Operational Value Creation: KKR’s average holding period is 7 years and over 50 Operating Partners (KKR Capstone) support companies
with operational expertise.
Large portfolio: With 98 portfolio companies globally with more than 800,000 employees, KKR offers a unique roll-out opportunity to B2B com-
panies.
Highly Experienced in Partnership Transactions: BMG, Fotolia, Scout24 Schweiz, Ping Identity, and many others. Deep Sector Knowledge: >50 TMT
deals with aggregate deal value in excess of $100bn.
Dedicated Growth Fund: Targeting tech-enabled growth investments ranging from $10m-$100m.
KKR
INVESTOR BOOK 160

KEY CONTACTS
Ben Bailey
Head of EMEA TMT
Stephan Feilhauer
Senior Vice President
Takeaway.com is an online food delivery marketplace
IO.com provides modular data center technology and services for enterprises, governments and service providers.
CommonBond is an online lending platform that connects borrowers and investors to make education finance
better
Full Portfolio • www.macquarie.com
Offices
Sydney, New York, London, San
Francisco, Hong Kong and others
Founded 2000
Employees 1,136 (as of March 2017)
Use of Debt Yes
AUM n/a
Target Sectors
Infrastructure, Utilities and Reneables,
Real Estate, TMT, Media, Entertainment &
Tech, Resources, Industrials
Investment Style Active & Passive
Market Leading, High Growth, Best-In-
Class, Management, Mature Companies,
Cash Flow Characteristics, Late Growth
Website www.macquarie.com
Contact Email n/a
Macquarie Group Ltd. is a leading provider of banking, financial, advisory, investment and funds management services through its six core
segments: Macquarie Funds Group, Corporate and Asset Finance, Banking and Financial Services Group, Macquarie Securities Group, Macquarie
Capital; and Fixed Income, Currencies and Commodities.
Macquarie Capital is the merchant banking segment of Macquarie and provides M&A and restructuring advisory and debt and equity capital raising
services to corporate and government clients. In addition, Macquarie Capital deploys a principal / merchant banking strategy and invests debt,
structured debt and equity and common equity capital in companies in its focus sectors of TMT, industrials, infrastructure, financial institutions,
gaming and leisure, real estate, and resources.
Macquarie Capital
Elmar Broscheit
Constantine Manos
INVESTOR BOOK 161

KEY CONTACTS
Photo
Hinrich Stahl
Managing Director
Email: hs@maryland-gmbh.de
• Responsible for Mayfair’s direct investments since 2004
• Previously Apax Partners and McKinsey & Co.
• MBA INSEAD (Fontainebleau)
Photo
Helge Lützen
Director
Email: hl@maryland-gmbh.de
• Joined Maryland in 2008
• Previously Citigroup Global Markets
• EBS Oestrich-Winkel
Global leader in Testing, Inspection & Certification (ship classification, oil & gas, energy and business
assurance/ISO certification)
#3 global TIC services company, €2.5bn revenues, 13,500 employees
Innovative, Italian fast-casual restaurant concept
180 restaurants in 32 countries worldwide (€0.5bn system-wide revenues)
Mayfair acquired 44% holding in 2011
Support for global roll-out of the business
#3 global sporting goods brand leading in the sport lifestyle segment
Mayfair acquired 27% holding in 2005; sold to PPR in 2007
Offices Hamburg
Founded 2004
Employees 7
Use of Debt Yes
AUM N/A
Target Investment Size €50m - €1bn
Target Geographies Europe, Americas
Target Sectors
Digital, Media, Consumer,
Business Services
Investment Style N/A
Deal Structures control, joint control, minority, etc.
long-term growth prospects
unique assets
global business model
low capital intensity
strong management team
Website N/A
Contact Email hl@maryland-gmbh.de
Contact Phone N/A
Maryland GmbH is the direct investment division of Mayfair SE, the private family office of Günter and Daniela Herz, former owners of the
Tchibo Group. Maryland aims to establish a portfolio of long-term direct investments. The focus is on companies with a strong business model
and long-term growth prospects preferably in branded consumer & retail, online/digital media, or the services sector. Transaction structures may
range from minority to majority holdings, private or public companies, typically on an all-equity basis.
Maryland
INVESTOR BOOK 162

KEY CONTACTS
Photo
Arthur Mornington
Partner
Email: arthur.mornington@oakleycapital.com
• Arthur has 15 years of private equity experience. He was previously a
partner at Charterhouse, where he was involved in origiination, execution
and Management – especially in the media, education and business
services sectors.
Photo
Ralf Schremper
Partner
Email: ralf.schremper@oakleycapital.com
• Ralf has more than 15 years of M&A and investment experience. He
previously served as a Member of the Executive Board and CIO at
ProSiebenSat.1 SE. His sector experience includes media, digital,
marketing services, commerce and healthcare.
Logo
• Founded in 2008, Facile is Italy’s leading online destination for consumers to compare prices for motor
insurance, energy, telecoms and personal finance
• TechInsights is a global leader in the intellectual property and technology intelligence services market. The
business specialises in reverse engineering, used to prove patent infringement and track innovation in the
semi-conductor industry
Logo
• Plesk is one of the most widely used control panels and software platforms for simplifying the lives of
developers and Web Professionals
Full Portfolio • www.oakleycapital.com/portfolio/
Offices
London, UK
Munich, Germany
Active Markets Western Europe, North America
Founded 2001
Employees 30 – 50
Use of Debt Yes
AUM €1.6bn
Target Investment Size €50m – €100m
Target Geographies Western Europe, North America
Target Sectors Digital Consumer, TMT, Education
Deal Structures Primarily majority
Growth investments
(carve-outs, buy & build, often founder-
led)
Website www.oakleycapital.com
Contact Email enquiries@oakleycapital.com
Contact Phone +44 (0)207 766 6900
Oakley Capital is a leading mid-market private growth investor with over €1.6 billion under management. We invest primarily in Western Europe and
have a particular focus on the Digital Consumer, TMT and Education sectors. The firm was founded by serial entrepreneur Peter Dubens to be the
kind of partner he would have wanted to work with when growing his own businesses: straightforward, decisive, and focussed on building lasting
partnerships with entrepreneurs over many years. Oakley targets mid-market companies with EVs in the €100 – €300 million range and seeks to
deploy capital of €50 – €100 million in each deal.
Oakley has a strong track record of investing in DACH markets (with many household names such as ParshipEliteGroup, Verivox and Schülerhilfe),
Italy (Facile, Casa.it) and the UK (Inspired, Host Europe Group, Daisy)
We are able to cultivate a pipeline of interesting opportunities with our network of long-term partners which helps us to unlock proprietary situations.
Our main value levers are organic revenue and EBITDA growth, buy & build platform strategies, as well as leveraging our deep sector expertise to
realise operational improvements.
Oakley Capital
INVESTOR BOOK 163

KEY CONTACTS
Dipan Patel
Partner
Stefan Dziarski
Partner
Klarna provides e-commerce payment solutions for merchants and shoppers
TeamViewer is an all-in-one solution for remote access, support, collaboration and desktop sharing over the internet
Magento is the leading platform for open commerce innovation
Full Portfolio • www.permira.com/portfolio/
Offices
Frankfurt, London, Luxembourg, Madrid,
Milan, Paris, Stockholm, New York, Menlo
Park, Hong Kong, and others
Founded 1985
Employees 240
Current Fund Size €7.5bn
Use of Debt Yes
AUM €32bn
Target Geographies Europe, North America and Asia
Target Sectors
Consumer, Financial Services,
Healthcare, Industrials, Technology
Deal Structures n/a
Website www.permira.com
Contact Email n/a
Contact Phone n/a
Permira is a global investment firm that finds and backs successful businesses with ambition. Founded in 1985, the firm advises funds with a total
committed capital of approximately €32 billion.
The Permira funds make long-term investments in companies with the ambition of transforming their performance and driving sustainable growth.
In the past 30 years, the Permira funds have made over 200 private equity investments in five key sectors: Consumer, Financial Services, Healthcare,
Industrials and Technology.
Permira employs over 200 people including 130 investment professionals in 14 offices across North America, Europe and Asia.
Permira
Andrew Young
Principal
INVESTOR BOOK 164

KEY CONTACTS
Malte Janzarik
Partner
Scott Myers
Vice President
Software
Offices 17 offices worldwide
Founded 1992
Employees >500 professionals globally
Current Fund Size Multiple platforms
Use of Debt Yes
AUM $94bn
Target Investment Size Flexible
Target Sectors Across sectors
Deal Structures Control, minority
Key Investment Criteria Thematic focus
Website www.tpg.com
Contact www.tpg.com/contact
Contact Phone +44 (0) 20 7544 6500
▪ Founded in San Francisco in 1992, TPG is a global alternative asset firm with more than $94 billion of assets under management
▪ The firm has a long history of investing in change, growth, and innovation through a platform that spans private equity, credit, public equity, real
estate, and impact investing. Launched in 2016, TPG’s $2 billion Rise Fund is considered the largest private impact fund ever raised
▪ TPG is a hands-on partner to entrepreneurs, founders, and management teams in helping them grow and scale their business. The firm has a
track record of partnering with some of today’s most innovative and dynamic businesses, including Airbnb, CAA, Spotify, Uber, and Zscaler
▪ TPG’s global network, sector expertise, and industry-leading operations group, which features more than 100 functional specialties, allows the
firm to help its partners build their businesses, find creative solutions, and unlock greater possibilities
TPG
Full Portfolio: https://www.tpg.com/portfolio
Peter James
Vice President
Healthcare
Esat Kolege
Vice President,
Data and Tech Services
INVESTOR BOOK 165

KEY CONTACTS
Offices Luxembourg, Zurich, London, Paris
Active Markets Western Europe, Turkey
Founded 2014
Use of Debt Yes
AUM €100m
Target Investment Size €1m - 10m
Target Geographies Western Europe, Turkey
Target Sectors Technology, Life Sciences
Deal Structures Venture Debt
Innovative, fast growing, can sustain
monthly reimbursements
Website bootstrap-Europe.com
Contact Email info@bootstrap-Europe.com
Fast growth companies often require additional money to fuel scale, yet their founders and their investors do not want to be diluted. Venture Debt is a
way to postpone the next valuation event, and to provide a company with additional time to increase its value prior to a future funding round or an
acquisition. The Bootstrap Europe team has supported entrepreneurs and their investors in more than 200 European transactions.
The Venture Debt fund is backed by successful entrepreneurs who in turn are providing a stable source of capital to the next generation of
innovators.
Bootstrap Europe
• Stephanie is a partner and co-founder at Bootstrap, based in Zurich and Lon-
don, where she focuses on the sourcing, risk evaluation, negotiation and due
diligence of new investment opportunities
• Fatou is a partner and co-founder at Bootstrap, based in Zurich, where she
focuses on the sourcing, risk evaluation, negotiation and due diligence of new
investment opportunities
Stephanie Heller
Managing Partner
stephanie@bootstrap-europe.com
Fatou Diagne
Managing Partner
fatou@bootstrap-europe.com
Full Portfolio • www.bootstrap-europe.com/transactions
INVESTOR BOOK 167

KEY CONTACTS
George Bartlett
Investment Manager
Email: george@clpgrowth.com
• George is an Investment Manager at Columbia Lake Partners, a European
debt fund based in London with $250 million in deal capacity. George focuses
on investing in enterprise software and consumer businesses. He is
responsible for deal sourcing, due diligence and working with portfolio
companies.
Craig Netterfield
Managing Partner
Email: craig@clpgrowth.com
• Craig is the Founding Partner at Columbia Lake Partners, a European growth
fund based in London with $250 million in deal capacity. He originally set up
the fund in 2014, having previously worked as a Partner for 9 years at
Wellington, a North American venture debt fund.
EyeEm is a mobile app for amateur photographers with >20 million users worldwide (Berlin-based).
Amplience delivers rich content production, analytics and publishing, enabling more than 200 leading brands to
improve content performance
Machine learning data transformation and analytics solution for insurance professionals
Full Portfolio • www.crunchbase.com/organization/columbia-lake-partners
Offices London
Active Markets
Belgium, Denmark, Finland, France,
Germany, Ireland, Norway, Spain,
Sweden, Switzerland, UK
Founded 2014
Use of Debt Yes
AUM $120m
Target Geographies
Belgium, Denmark, Finland, France,
Germany, Ireland, Norway, Spain,
Sweden, Switzerland, UK
Target Sectors
Travel & Transportation, FinTech,
Marketing, Analytics
Deal Structures Growth finance
High growth cash burning technology
companies, typically working alongside an
equity sponsor
Website www..clpgrowth.com
Contact Email contact@clpgrowth.com
Contact Phone n/a
Columbia Lake Partners is an experienced team of investors providing growth loans to European technology companies.
CLP is backed by a knowledgeable group of investors, including partners at Bessemer Venture Partners. We have the capacity to invest up to $250
million from our fund. Transactions are $1 to $10 million and we will partner with other providers to write larger cheques. Our experience through the
ups and downs of the past decade has taught us that no company has a straight path to success. Because of this, our approach is to take a "light
touch" with no board seats, light covenants and standard reporting. Since 2014, we have invested in over 20 companies across Europe and are
actively seeking to meet new companies and other investors within the ecosystem.
Columbia Lake Partners
INVESTOR BOOK 168

KEY CONTACTS
Eran Davidson
Managing Partner
Email: eran@davidson-capital.com
• Raising and managing six Venture Capital funds since 1996, this is Eran’s
fund #7m, first German Venture Debt fund and market leader, with already
five portfolio companies in one year. Eran founded Hasso Plattner Ventures
Germany, Europe and South Africa and was in charge of HP’s Family Office
Tausendkind operates as an e-commerce one-stop shop for infants up to the age of eight
MONOQI is all about passion for design, bringing amazing products from great international designers to their
exclusive members, every day
SoundCloud is a social sound platform where anyone can create and share sounds
Full Portfolio • www.davidson-capital.com
Offices Berlin
Founded 2015
Use of Debt Yes
AUM €25m
Target Geographies Germany, Israel, Switzerland, UK
Target Sectors
Media, Financial Services, B2B, Mobile
Deal Structures Lead
Min. €10m annual revenues, loan facility
should bring the company to break-even
Website www.davidson-capital.com
Contact Email eran@davidson-capital.com
Growth Debt facility of 2 to 10m to companies with min 10m of annual revenues
Davidson Technology Growth Debt
INVESTOR BOOK 169

KEY CONTACTS
Offices London, Berlin
Active Markets Global, focus Europe
Founded 2017
Employees 3
Target Fund Size €500m
Use of Debt Yes
AUM €300m
Target Sectors Agnostic (except biotech)
Deal Structures Working capital lines, fintech, term loans
Key Investment Criteria Proven business model
Website www.globalgrowthcap.com
Contact Email team@globalgrowthcap.com
• Global Growth Capital arranges innovative debt solutions enabling growth companies to develop in a sustainable manner.
• Our flexibility with regard to structures and terms make us an ideal partner to technology and fintech business.
• Customised solutions driven by business model, cash flow profile and use of capital
• Focus on technology-enabled businesses (no medtech / pharma)
• Offer structuring know-how across multiple jurisdictions, speed of execution and efficient decision-making process
• Our network of relationships allow us to have a trully global reach while offering you knowledge of local law
Global Growth Capital
OlyaKlueppel
Partner
+41 79 297 4153
olya.klueppel@globalgrowthcap.com
€3 – 50 million
3 – 48 months
Flexibility on structure, return components and/or equity upside
Growth, acquisition financing, refinancing, shareholder events
USEOF PROCEEDS:
SIZE:
TENOR:
RETURN:
INVESTOR BOOK 170
Harsh Patel
Partner
+44 7903 888 632
Harsh.patel@globalgrowthcap.com

KEY CONTACTS
David Bateman
Managing Director
Email: dbateman@Harbert.net
• Co-Founder and Co-Managing Partner of HEGC, David has been investing in
European growth stage businesses for over 10 years
Johan Kampe
Managing Director
Email: jkampe@Harbert.net
• Co-Founder and Co-Managing Partner of HEGC, Johan has been investing in
European growth stage businesses for over 10 years
Gets videos seen, shared and loved across the open web for brands that want to move people, not just reach
people
Offers designer eyewear for men and women
UK-based online retailer of furniture and homewares
Full Portfolio • www.harbert.net/investment-strategies/private-capital/european-growth-capital/
Offices London
Founded 2013
Use of Debt Yes
AUM €120m
Target Geographies Pan-European
Target Sectors Technology, Life Sciences
Deal Structures Venture Debt
Key Investment Criteria Growth Stage Business
Website www.harbert.net
Contact Email ldavenport@harbert.net
Contact Phone n/a
Harbert European Growth Capital Fund (“HEGCF”) is an investment partner to high growth entrepreneurial businesses across Europe in the
technology and life sciences sectors. Led by an experienced team with a 10+ track record of investing across Europe and over €120m in capital
committed from institutional and private investors, HEGCF is one of the leading European debt funds in Europe with a strong USA and European
network.
The fund is based in London and is corner sponsored by Harbert Management Corporation, a US headquartered independent investment firm, with
$4.3bn in assets and committed capital under management as at 01 February 2015. The fund looks for investment opportunities in high growth
businesses and has a growing portfolio of 28 companies. Key focus is on proven management teams in need of capital to fuel organic growth,
working capital requirements, acquisitions, equipment purchases, bridge loans and various forms of recapitalization.
Harbert European Growth Capital
INVESTOR BOOK 171

KEY CONTACTS
Marten Vading
Partner
• Mårten has more than 20 years of financial industry experience
• Previously: Director at UBS Warburg’s technology investment banking arm
and Management Consultant at Ernst & Young International
• M.Sc. from the Stockholm School of Economics and the Wharton School of
the University of Pennsylvania
Kreditech Group’s mission is to improve financial freedom for the underbanked with the use of technology. Com-
bining non-traditional data sources and machine learning, the company is aiming to provide access to better credit
and a higher convenience for digital banking services
Abiquo is a leading developer of Cloud management solutions
Adbrain is a London/US based big data company who have developed a sophisticated platform to harness big data
giving marketers the ability to track consumers across multiple devices and as such can be utilised as a tool to
drive marketing efficiency (both from a cost and performance point of view)
Full Portfolio • www. capital.com/portfolio/
Offices
London, Stockholm, Herzliya Pituach,
St. Helier, Luxembourg
Active Markets Europe, USA, UK, Israel
Founded 1998
Employees 11-50
Use of Debt Yes
AUM > €1.8bn
Target Investment Size Up to €15m
Target Geographies Europe and Israel
Target Sectors
Services, Cleantech, Communcation,
Consumer, Life Sciences,
Semiconductors, Software, Gaming, E-
Commerce
Key Investment Criteria High-growth companies
Website www.kreoscapital.com
Contact Email info@kreoscapital.com
Kreos was founded 19 years ago with the single mission of pioneering unique financing solutions for high-growth companies across Europe and
Israel. Since then, Kreos has committed more than €1.8 billion in over 450 portfolio company transactions, in a variety of industry sectors and located
in 14 countries. Kreos has been a success because, unlike traditional lenders, Kreos understands the needs of high-growth companies and the
unique challenges that they face as global competitors.
The Kreos team has worked with companies at all stages of development offering everything from operational runway extensions through ac-
quisition financing. The common threads of the approach include operational flexibility, patience and commitment to creating value. Kreos takes both
a credit and an equity view on each financing situation, offering quick feedback on any deal proposal – investing without the need for board seats,
time-consuming audits, share revaluation, substantial equity dilution, deposits or personal guarantees. The Kreos team has the experience to
understand what companies across all stages require, and is able to provide debt funding facilities that meet the real-world demands of growing
businesses and equity sponsors and investors.
Kreos Capital
INVESTOR BOOK 172

KEY CORPORATE FACTS / KPIS LENDER DESCRIPTION
Offices
Over 30 offices in the US, UK, China,
Israel and Germany – with representation
in Ireland and Canada
Founded 1983
Employees 2000+ (250 are in Europe)
Use of Debt Yes – debt provider
Website svb.com/uk
Contact Email ukevents@svb.com
About Silicon Valley Bank
For more than 35 years, Silicon Valley Bank has helped innovators, enterprises and their investors move bold ideas forward, fast. Today, we provide
a wide range of banking and financing services to businesses of all sizes in innovation centres around the world. SVB Financial Group, the parent
company of Silicon Valley Bank, has had a presence in the UK since 2004. The bank is committed to supporting disruptive technology and life
science businesses within the UK’s vibrant innovation sector, including Made.com, SNYK, WorldRemit, The Hut Group and Trustpilot.
www.svb.com/uk
Silicon Valley Bank
Where innovation can be found
Global Locations
Financial highlights
At End Q2 2018
US
UK and
Ireland
Israel
China
⚫ SVB Financial Group’s offices
⚫ SVB Financial Group’s international banking network
Germany
$55.9bn $26.0bn $124.7b
n
Assets Loans Total client funds
*Total client funds includes on-balance sheet deposits and off-balance sheet client investment funds
We are the only bank in the UK focused solely on
the innovation economy. We work with the brightest
minds in technology – and can help you move your big idea
forward.
INVESTOR BOOK 173

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