NOAH18 London Investor Book

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

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

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

EUROPE’S LEADING INTERNET Selected Completed NOAH Transactions CORPORATE FINANCE BOUTIQUE August 2017 December 2016 ® Acquisition of a Majority Stake in Investment in Unique Industry Know-How Strong Investment Banking Competence by by Focus on Leading European Internet companies Over 40 years of combined relevant M&A Covering over 400 companies across 25 online experience at a valuation of $200m verticals, a broad range of over 500 investors Routine execution of M&A and financing as well as 100+ online-focused corporates transactions with sizes of several billion euros Financial Advisor to EMK Capital Financial Advisor to Silver Lake Deep understanding of industry dynamics 30 successfully completed NOAH Advisors transactions underline successful transfer of October 2016 September 2016 Ability to add value beyond banking advice M&A competencies to the Internet sector Investment in Acquisition of a Majority Stake in Facilitates overall process and minimizes management distraction by by Unmatched Network and Relationships Full Commitment - We Are Entrepreneurs! from NOAH Advisors is globally well connected Entrepreneurial mind-set, focused on growing the 84% Ownership at a valuation of €300m and has direct access to virtually all key business and establishing a reputation for excellence Exclusive Financial Advisor to KäuferPortal players in the industry and its Shareholders Financial Advisor to Oakley Capital Knowledge of and strong relationships with Ability to deliver top results in short time frames potential buyers’ key decision makers December 2014 October 2014 Highly success-based compensation structures Sale of 100% of Proactively finds and unlocks attractive align interests of clients and NOAH Advisors, and Sale of 100% of investment opportunities for leading investors demonstrate conviction to deliver top results Annual NOAH Conference in its 8th year Creative deal solutions for $800m to for €80m to The NOAH Advisors Core Banking Team Marco Rodzynek Jan Brandes Exclusive Financial Advisor to Exclusive Financial Advisor to Fotolia and the Selling Shareholders Trovit and its Shareholders Managing Director & Founder Managing Director September 2014 May 2014 [email protected] [email protected] Sale of controlling stake in +41 799 581 512 +49 174 2010 984 sold 100% of Nikhil Parmar Aleksander Skwarczek to Director Analyst for $228m to a joint venture between [email protected] [email protected] +44 7521 835 241 +48 692 270 613 Exclusive Financial Advisor to Exclusive Financial Advisor to Yad2 Facile.it and its Shareholders and its Shareholders 4

The NOAH Bible, an up-to-date valuation and industry KPI publication. This is the most comprehensive set of valuation comps you'll find in the industry. Reach out to us if you spot any companies or deals we've missed! September2018 Edition (PDF) Sign up Here 66

Program 7

MAIN STAGE - Day 1 30 October SESSION TITLE COMPANY TIME COMPANY SPEAKER POSITION Breakfast 8:00 - 10:00 K 9:10 - 9:15 Welcome Note ® NOAH Advisors Marco Rodzynek Founder & CEO CP 9:15 - 9:30 Lakestar Klaus Hommels Founder & CEO 9:30 - 9:40 Lesara Roman Kirsch Founder & CEO CP 9:40 - 9:50 limango Sven van den Bergh Founder & Managing Director 9:50 - 10:00 Picnic Michiel Muller Co-Founder 10:00 - 10:10 Fessura Andrea Vecchiola CEO 10:10 - 10:20 PromoFarma David Masó MR Co-Founder & CEO ertical Zur Rose Group Olaf Heinrich Board Member & CEO of DocMorris 10:20 - 10:30 Dr. Martens Kenny Wilson CEO V EcommerceFC Permira Tara Alhadeff Principal 10:30 - 10:40 Scandit Samuel Mueller Co-Founder & CEO NGP Capital Bo Ilsoe Partner CP 10:40 - 10:50 ABOUT YOU Tarek Müller Co-Founder & MD CP 10:50 - 11:00 Porsche Deniz Keskin Director, Brand Management 11:00 - 11:10 Calm Michael Acton Smith Co-Founder & Co-CEO CP 11:10 - 11:20 DOC+ Ruslan Zaydullin Co-Founder & CEO 11:20 - 11:30 Lumen Dror Ceder Founder & CPMO 11:30 - 11:40 Zava David Meinertz CEO ellness 11:40 - 11:50 Babylon Health Ali Parsa Founder & CEO FC Kinnevik Chris Bischoff Senior Investment Director 11:50 - 12:00 KRY Johannes Schildt Co-Founder & CEO Accel Sonali de Rycker Partner CP 12:00 - 12:10 Telepaxx Rainer Kasan Co-Founder & CTO 12:10 - 12:40 Zava David Meinertz CEO KRY Johannes Schildt Co-Founder & CEO Digital Health & WP Babylon Health Ali Parsa MR Founder & CEO Telepaxx Rainer Kasan Co-Founder & CTO Medopad Dan Vahdat Founder & CEO 12:40 - 12:55 The Positive Impacts of Diversity in Business P enable2grow Stefanie Peters CEO Silicon Valley Bank Phil Cox Head of EMEA CP 12:55 - 13:05 SAP Deepak Krishnamurthy EVP & Chief Strategy Officer 13:05 - 13:15 Immobiliare.it Silvio Pagliani Co-Founder CP 13:15 - 13:25 Smartfrog Charles Fraenkl CEO 13:25 - 13:35 McMakler Felix Jahn Founder & CEO ech 13:35 - 13:45 Nested Matt Robinson CEO FC Christoffer Norman Investment Manager Northzone PropT CP 13:45 - 13:55 Holaluz Carlota Pi Co-Founder & CEO 13:55 - 14:05 Bulb Hayden Wood Founder & CEO FC DST Global Tom Stafford Partner CP 14:05 - 14:15 OurCrowd Andrew Kaye President & CIO 14:15 - 14:25 LendInvest Christian Faes Co-Founder & CEO 14:25 - 14:35 Billie.io Dr. Matthias Knecht Co-Founder CP 14:35 - 14:45 Oakam Frederic Nze Founder & CEO LendingPlatforms 14:45 - 14:55 Prodigy Finance Cameron Stevens Co-Founder & CEO FC 14:55 - 15:05 Klarna Michael Rouse MR CCO Permira Andrew Young Principal 15:05 - 15:15 SafeCharge Yuval Ziv MR CCO PaymentsCP 15:15 - 15:25 Credorax Igal Rotem CEO FC 15:25 - 15:35 simplesurance Robin von Hein MR Founder & CEO ech Rakuten Mark Haviland EVP Global Development T 15:35 - 15:45 GoCompare Faisal Galaria Chief Strategy Officer InsuranceCP FC 15:45 - 15:55 N26 Francisco Sierra MR Head of European Markets 15:55 - 16:05 solarisBank Dr. Roland Folz CEO CP 16:05 - 16:15 Revolut Nikolay Storonsky Founder & CEO 16:15 - 16:25 Tandem Ricky Knox CEO 16:25 - 16:35 Moonfare Alexander Argyros Founder Moonfare Hans Haderer Former Senior Partner, BC Partners 16:35 - 16:45 Deposit Solutions Dr. Tim Sievers MR Founder & CEO FC Vitruvian Partners Torsten Winkler Partner Banking of the Future 16:45 - 16:55 Stocard Björn Goß Founder & CEO Macquarie Capital Elmar Broscheit Managing Director 16:55 - 17:05 Zopa Jaidev Janardana CEO CP CP 17:05 - 17:15 Blockchain Nicolas C. Cary Co-Founder 17:15 - 17:25 Ledger Éric Larchevêque CEO Crypto FC Draper Esprit Ben Tompkins Managing Director 17:25 - 17:40 Intel Capital Karen Stafford Investment Director for Northern & CEE P innogy Innovation Hub Annemie Ress MR Managing Director InvestorPanel OneRagtime Stéphanie Hospital Founder & CEO K 17:40 - 17:45 Closing Note ® NOAH Advisors Marco Rodzynek Founder & CEO 17:45 - 20:00 Networking Drinks Lunch served between 12:00 - 13:30 CP Company K Keynote P Panel FC Fireside MR Interview / Panel with participation of Marco Presentation Chat Rodzynek Founder & CEO, NOAH Advisors

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

Venture Capital 10

3TS Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Budapest, Bucharest, Istanbul, Praque, 3TSCapital Partners is one of the leading European technology focused private equity and venture capital firms. 3TS provides expansion capital and Vienna, Warsaw 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 Active Markets Central and Eastern Europe others. Founded 1998 Employees 11 - 25 (of which 14 in Europe) Current Fund Size > €100m SELECTED PORTFOLIO COMPANIES 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 Full Portfolio • www.3tscapital.com Investment Style Active KEY CONTACTS Deal Structures Significant Minority, Majority Key Investment Criteria High growth Global Challengers, or Local Leaders Website www.3tscapital.com Contact Email [email protected] Pekka Maki Zbigniew Lapinski Svetoslav Stefanov Elbruz Yılmaz Managing Partner Senior Partner Investment Director Investment Director [email protected] [email protected] [email protected] [email protected] m Contact Phone +43 1 4023679 INVESTOR BOOK 11

83North KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Herzliya 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 opera- tions in the Active Markets UK, Israel US. Founded 2006 Employees 9 Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt n/a Actifio delivers Enterprise Data-as-a-Service to hundreds of global enterprise customers and service provider part- AUM $550m ners iZettle, a mobile payments company, offers small businesses with portable point-of-sale solutions and free sales Target Investment Size $10m - $30m overview tools Target Geographies Europe, Israel BlueVine allows small businesses to get paid immediately on their outstanding invoices Target Sectors Curated Web, Enterprise Software, SaaS Full Portfolio • www.83north.com/companies Investment Style n/a KEY CONTACTS Deal Structures n/a Gil Goren David Buttress Key Investment Criteria Teams of consumer and enterprise Partner Partner companies across all stages Website www.83north.com Gil Goren Contact Email n/a Partner Contact Phone n/a INVESTOR BOOK 12

ACT Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Dublin, Ireland ACT’sfunds 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 Active Markets Ireland/UK/Europe markets. Founded 1944 Employees 10 (of which 10 in Europe) Current Fund Size €100m SELECTED PORTFOLIO COMPANIES Use of Debt n/a AUM n/a Target Investment Size n/a Target Geographies Ireland/UK/Europe Target Sectors Disruptive Tech Investment Style Active KEY CONTACTS Deal Structures n/a Debbie Rennick • Debbie has over 25 years experience in corp finance & tech venture capital investing. She works closely with several portfolio teams & Key Investment Criteria Disruptive products, ambitious teams and Director was responsible for investments in Soundwave (acq by Spotify) large and growing markets Email: [email protected] Heartsine (acq by Physio Control/Stryker) FeedHenry (acq by Redhat) Qumas (acq by Acceleris) Website www.actventure.com Contact Email [email protected] Contact Phone +35312600966 INVESTOR BOOK 13

Acton Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich 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 Active Markets Europe, Canada, US East Coast opportunities to the next level. Founded 1999 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 Employees 15, of which 14 in Europe 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. Current Fund Size €170m SELECTED PORTFOLIO COMPANIES Use of Debt No HomeToGo is the world’s largest meta search engine for vacation rentals combining the models of enquiry and AUM €400m immediate booking. Based in Berlin. Mambu offers an agile, flexible and affordable cloud banking platform that enables innovative banking providers to Target Investment Size €3m - €15m rapidly create, launch and service loan and deposit products. Based in Berlin. Target Geographies Germany, Europe, Canada, US East Founded in 2017, Cluno is the leading full-stack car subscription provider in Germany and the EU, offering Coast customers a wholly new way of car ownership. Cluno is based in Munich. Target Sectors Internet (E-Commerce, Marketplaces, SaaS, Fintech, Online Services, Media, ...) Full Portfolio • www.actoncapital.com/#Portfolio Investment Style Active KEY CONTACTS Deal Structures Minority, preferrably lead or co-lead • Managing Partner and co-founder of Acton since 1999, before that treasury at investor Dr. Christoph Braun Hubert Burda Media and at McKinsey. Key Investment Criteria Functioning business model, Series A to C Managing Partner • Companies: Momox, Tolingo, Clio, sofatutor, Mobify, Chefs Plate, Cluno and Email: [email protected] windeln.de. Past investments include e.g. Alando, AbeBooks, Ciao, Finanzcheck, Lumas, Etsy, audibene. Website www.actoncapital.com • Managing Partner of Acton since 2013. CEO of large electronics e-commerce Fritz Oidtmann companies and supervisory board member of XING before. Co-founder & Contact Email [email protected] Managing Partner CEO of OnVista, partner at McKinsey before. Email: [email protected] • Companies: Momox, Home24, iwoca, Mambu. Notable past involvements include e.g. OnVista, Cyberport, computeruniverse, Chip, XING. Contact Phone +49 89 2421887-0 INVESTOR BOOK 14

Astutia Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich, Berlin 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 Active Markets Seed, Early-Stage VC and sustainable growth. Our latest exits include Fashionette, InterNations and Joblift. Founded 2006 Employees 5 of which 5 in Europe Current Fund Size N/A SELECTED PORTFOLIO COMPANIES Use of Debt No 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. AUM N/A Horizn Studios develops smart suitcases, bags and accessories for today´s urban, digital nomads - to make our Target Investment Size 100k – 1m travel even more exciting and pleasant. Target Geographies Germany, Europe Withpersonalized search, integrated price comparison and shopping possibility, Stylelounge makes shopping your favorite pieces even more convenient Target Sectors E-Commerce, Digital Media, Enterprise Solutions Full Portfolio • www.astutia.de Investment Style Hands on KEY CONTACTS Deal Structures Minority stakes Benedict Rodenstock • Formerly at Hubert Burda Media, WEB.DE, Roland Berger Strategy Key Investment Criteria Team, market Managing Partner Consultants; MBA, studied in Bologna, St.Gallen and New York Email: [email protected] • Companies: Flaconi, Asanayoga, Stylelounge Website www.astutia.de Contact Email [email protected] Photo Manuel Sprödhuber • Since 2014 part of the team. Formerly Marketing & Sales manager at MedTech Investment Manager company nal von minden, studied Business Administration. Contact Phone +49 89 2302284 0 Email: [email protected] • Companies: Horizn Studios, Coureon, Joblift INVESTOR BOOK 15

Atlantic Labs KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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 Active Markets Germany current areas of focus include Digital Health, Future of Work,Machine Learning, Blockchain, Mobility and Industrial Applications Founded 2007 Employees 4-10 (all in Europe) Current Fund Size undisclosed SELECTED PORTFOLIO COMPANIES Use of Debt No World’s leading music creator platform AUM n/a Target Investment Size €200k - €1m Full-stack car subscription provider Target Geographies Europe (with focus on Germany) Automated full-service staffing platform Target Sectors Digital Health, Future of work, Blockchain, Mobility, Industrial Tech Full Portfolio www.atlanticlabs.de Investment Style Active KEY CONTACTS Deal Structures Minority / Lead Christophe F. Maire Jens-Philipp Klein Key Investment Criteria Thesis driven investment approach, Founding Partner Partner Early stage, strong founder team Email: [email protected] Email: [email protected] Website www.atlanticlabs.de Dr. Marc-Olivier Lücke Daniel Niemi Contact Email [email protected] Partner Principal Email: [email protected] Email: [email protected] Contact Phone n/a INVESTOR BOOK 16

AVentures Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Kyiv, Ukraine 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. Active Markets Ukraine 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 Founded 2013 rounds. Employees 6 SELECTED PORTFOLIO COMPANIES Current Fund Size Current - $10m. Raising $30m 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 Use of Debt No 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 AUM $10m 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. Target Investment Size $250k – $500k 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 Target Geographies Ukraine, the USA 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. Target Sectors Opportunistic Full Portfolio www.aventurescapital.com/#portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Andrey Kolodyuk Andrey Kolodyuk, entrepreneur turned VC, started his entrepreneurial career in Photo New York in 1992 and eventually has founded and built over 10 companies in IT, Key Investment Criteria 1) Global focus . 2) R&D in Ukraine Managing Partner telecom, internet and media with $1 Billion total revenues. Andrey is the founder of Email: [email protected] Divan.TV, an OTT service provider with 300 million Ukrainian and Russian- speaking audience living worldwide. Website www.aventurescapital.com Yevgen Sysoyev, a former successful investment banker, co-founded AVentures Yevgen Sysoyev Capital. Over the years, he’s been a Board Director of such tech companies as Contact Email [email protected] Photo Managing Partner Petcube, Augmented Pixels, Spinbackup, CoreValue, Depositphotos, and others. Email: [email protected] He is recognized as one of the most influential people in Ukrainian tech Contact Phone +38 0664679714 community. INVESTOR BOOK 17

AXA Venture Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, London, New York, San Francisco 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. Active Markets Global Founded 2016 Employees 14 (of which 11 in Europe) Current Fund Size $275m SELECTED PORTFOLIO COMPANIES Use of Debt No US marketplace for financial products AUM $425m Target Investment Size $0.3 - $20m Enterprise cyber-security rating platform Target Geographies Global Mobile, AI-powered sales assistant for field sales teams Target Sectors Technology Full Portfolio • www.axavp.com/companies/ Investment Style Active KEY CONTACTS Deal Structures Minority Imran Akram Early – traction Photo General Partner • Companies: Auto1, ForceManager, Sonovate Key Investment Criteria Growth – clear unit economics [email protected] Website www.axavp.com Francois Robinet Contact Email [email protected] Photo Managing Partner • Companies: Goji, Tanker [email protected] Contact Phone +44 2071930406 INVESTOR BOOK 18

b10 I Venture Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin b10 is a Berlin-based venture capital firm investing in seed and pre-seed startups. Welook for "category killers" with a B2B focus. We invest and act as an operational investor, supporting the founders actively with a team of Active Markets Germany specialists in the areas of recruiting, UX/UI design, content, finance, fundraising, legal, etc. Founded 2014 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 (fkaCarjump) to PSA(Peugeot) in 2016. Employees 10 Thecombination of hands on support and entrepreneurial experience makes b10 a perfect partner for Startups to grow. Current Fund Size €10m Use of Debt No SELECTED PORTFOLIO COMPANIES Free2Move allows people to find and compare vehicles from a wide variety of carsharing providers AUM €10m Target Investment Size €100k - €500k ENWAY is developing the technology platform for autonomous street sweepers and other specialty vehicles Target Geographies Germany 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 B2B, Marketplaces, Communications, Target Sectors Health Financial Technology, Digital Services, Retail Full Portfolio www.b10.vc/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Daniel Hoepfner • Daniel Hoepfner is founder and MD of b10 Early Stage Venture Capital Managing Director • Prior to that, Daniel was founder and CEO of PressMatrix, Founding Key Investment Criteria Category Killer Business Angel at Sensorberg GmbH [email protected] • Focus on Fundraising, Sales and Legal Website b10.vc Henri Kuehnert • Henri Kuehnert is founder and MD of b10 Early Stage Venture Capital • Prior to that, Henri was founder and CEO of SinnerSchrader Mobile, Contact Email [email protected] Managing Director Investor and Advisor at Quandoo, Founding Business Angel at Sensorberg GmbH [email protected] • Focus on Fundraising, Sales and Financial Planning Contact Phone n/a INVESTOR BOOK 19

BackBone Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Zurich 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. Switzerland, Deutschland, Austria, Israel, BackBone's focus is on seed and start-up investments, primarily in the area of innovative ICT and disruptive technology projects. Active Markets Liechtenstein Founded 2018 Employees 5 (of which all in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No 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 AUM €1m and adaptive immune system for cancer treatment By using stem cell research Supermeat produces synthetic poultry meat. Supermeat will revolutionize the poultry Target Investment Size €100k - €500k industry - clean, sustainable & pet friendly. Target Geographies primarily DACH 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. Target Sectors ICT, Disruptive Technologies, Biotech Full Portfolio • www.backboneventures.ch/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Name Janic Frölicher Photo Title Investment Associate • B.B.A. Zurich University of Applied Science Key Investment Criteria Innovative & passionate • Rahn & Bodmer Co., VZ Vermögenszentrum, Credit Suisse AG Email: [email protected] Website www.backboneventures.ch Name Philippe Bernet Contact Email [email protected] Title Investment Manager • M.A. HSG Accounting & Finance • UBSAG, HA&W, Truventuro, Hermes Capital Email: [email protected] Contact Phone +41 44 500 23 81 INVESTOR BOOK 20

Balderton Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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 Active Markets Europe $2.6BN.Weinvest between $1Mto $20Minto companies with the potential to disrupt huge industries, and the ambition to scale globally. Wehaveatrack-record of backing breakthrough companies ranging from MySQL to Betfair, and The Hut Group to Yoox Net-a-Porter. Webring our Founded 2000 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. Employees 25 - 50 (of which all in Europe) Current Fund Size $375m SELECTED PORTFOLIO COMPANIES Use of Debt No API-first content infrastructure that replaces legacy content management systems. Founded in Berlin, expanded AUM $2.6bn successfully to US and have raised follow on funding from Benchmark and General Catalyst. Target Investment Size $1m - $20m Leading mobile casual games developer, based in Berlin Target Geographies Europe 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 Target Sectors Technology Full Portfolio • www.balderton.com/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Suranga Chandratillake • Previously founder of Blinkx PLC and US CTO of Autonomy Partner • Partner at Balderton since 2013 Key Investment Criteria Team, disruptive • Companies: Contentful, Dalia research, Vivino, Banjo, Comply Advantage, Email: [email protected] Funnel, The Tab, Magic Pony, Mojiworks Website www.balderton.com Rob Moffat • At Balderton since 2009. Previously at Google and Bain Contact Email [email protected] Partner • Companies: Wooga, Carwow, Zego, Mojiworks, Dinghy, Prodigy Finance, Nutmeg, Patients Know Best Email: [email protected] Contact Phone +44 20 70166800 INVESTOR BOOK 21

BCG Digital Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Manhattan Beach, Berlin, Sydney, BCG Digital Ventures is a corporate investment and incubation firm. They invent, build and invest in startups with the world’s most influential Offices London, San Francisco, New York, Silicon companies. They share risk and invest alongside their corporate and startup partners via a range of collaborative options. Valley, Tokyo, Seattle Founded in 2014, they have major Innovation and Investment Centers in Manhattan Beach, Berlin, London, Sydney, San Francisco and New York, Active Markets Global 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. Founded 2014 Employees 350 Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt n/a FarePilot helps taxi and ride hailing drivers find more jobs using a predictive supply/demand model AUM n/a Takt distills customer data into uniquely tailored experiences; we orchestrate physical and digital exchanges into Target Investment Size n/a one seamless journey Target Geographies Global Kaishi Pte - Connected device and app platform for pregnancy and early-stage parents Target Sectors Digital Full Portfolio • www.bcgdv.com/portfolio Investment Style Active KEY CONTACTS Deal Structures n/a Claudia Armbruester Juergen Eckel Experience Design Venture Architect Key Investment Criteria n/a Director Director Urs Rahne Arndt Roller Website htwww.bcgdv.com Managing Director Partner and Managing Director Contact Email [email protected] Katarina Ewert Learning and Development Coordinator Contact Phone n/a INVESTOR BOOK 22

Beringea KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London and Detroit 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 Active Markets United Kingdom, USA, and Europe 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 Founded 1988 exceptional network throughout the technology and investment communities; and fostered the experience required to create meaningful businesses and deliver value for our shareholders. Employees 30 (of which 22 in Europe) 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. Current Fund Size Multiple funds SELECTED PORTFOLIO COMPANIES Use of Debt Yes Monica Vinader is one of the UK’s fastest growing jewellery brands and an international retail success story – its AUM $715m+ 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 Target Investment Size $1m - $10m corporates to enable consumers and users to seamlessly walk through complex purchases or decisions. Target Geographies UK, USA, and Europe 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. Target Sectors Software and AI, Retail, Digital Media Full Portfolio • www.beringea.co.uk/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Eyal Malinger • Former director of Corporate Development at Countrywide PLC where he oversaw investments in property technology; MBA from Harvard Business Key Investment Criteria Revenues of £1m+ Investment Director School Email: [email protected] • Companies: Poq, TV Player, SMARTASSISTANT, MPB.com, Aistemos, Perfect Channel, Simplestream Website www.beringea.co.uk Rob Dagger • Prior to Beringea, Rob worked as a senior consultant in Deloitte’s strategy practice, focusing primarily on projects for technology and media Contact Email [email protected] Investment Manager organisations. Email: [email protected] • Companies: Thread, WhistleSports, SMARTASSISTANT, ContactEngine, ResponseTap, Honeycomb Contact Phone +44 (0)20 7845 7820 INVESTOR BOOK 23

Berlin Technologie Holding KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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. Active Markets Austria, Germany BTH provides growth capital, management know how and access to high caliber entrepreneurial partner network to companies facing strategic or Founded 2013 operational challenges. BTHstrongly believes that entrepreneurs with character deserve capital with character and thus invests own equity and also provide their experience Employees 4 - 10 (of which all in Europe) and network to those that distinguish themselves and their business model through clarity. Current Fund Size n/a Theycall it Augmented Capital. SELECTED PORTFOLIO COMPANIES Use of Debt Yes Sensorberg provides Beacon-software based on-the-fly IoT networks AUM n/a Target Investment Size €500k - €3m Digital front end platform that maximizes the quality, performance, and reach of customer interface Target Geographies Austria, Germany Germany’s largest private cash payment infrastructure Target Sectors Financial Services, Marketing, Analytics, Digital Services Full Portfolio • www.berlinholding.com/#portfolio-jump Investment Style Active KEY CONTACTS Deal Structures Flexible Joern-Carlos Kuntze • Seasoned Strategy, Company Builder and Corporate Finance expert. Serial Team with strong Execution Mindset, Managing Director Entrepreneur. Previously Partner at OC&C and Oliver Wyman Key Investment Criteria disruptive B2B Business Model, Financial • Companies: Sevenval, Minodes, Applause, PressMatrix Model with Recurring Revenues Email: [email protected] Website www.berlinholding.com Contact Email [email protected] Contact Phone +49 30707190203 INVESTOR BOOK 24

Bessemer Venture Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Boston, New York City, Westchester, San Bessemer backs passionate and thoughtful founders as they turn exciting ideas into market leading businesses. They admire those who aren’t afraid Francisco, Silivon Valley, India, Israel 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 Active Markets US, India, Israel to growth, and across the technology and services stack, BVPinvests in enterprise, consumer and healthcare technology startups around the world. Founded 1911 Employees 40 Current Fund Size $1.6bn Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUM n/a Intercom is a customer communication and support service for businesses Target Investment Size $1m - $5m Pinterest is a visual bookmarking tool that helps you discover and save creative ideas Target Geographies Global Cloud Computing, Consumer, CrowdFlower is the essential human-in-the-loop platform for data science teams Target Sectors Cybersecurity, Financial Services, Healthcare, Industry Software, Marketplaces, Mobile Full Portfolio • www.bvp.com/portfolio Investment Style n/a KEY CONTACTS Deal Structures Convertible Debt, Equity (Minority) • VC at Bessemer Venture Partners Passionate and thoughtful founders with Photo Jordan Windmueller • Previously: Private Equity Partners at BlackRock (2013 – 2013), Analyst at Key Investment Criteria exciting ideas into market leading VC Schooner Capital LLC (2011 – 2011), Office of Strategic Partnerships at U.S. businsses Department of Commerce (2011 – 2011) Website www.bvp.com Contact Email n/a Contact Phone n/a INVESTOR BOOK 25

BFB Brandenburg Kapital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Potsdam 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) Active Markets n/a and Investitionsbank des Landes Brandneburg (ILB). Founded 1993 Employees 11 (of which 11 in Europe) Current Fund Size €70m Use of Debt No SELECTED PORTFOLIO COMPANIES Leading sharing platform for private caravans AUM €110m Target Investment Size €500k - €5m Leading medtech company in electromagnetic surgical navigations solutions Target Geographies Germany - State of Brandenburg Manufacture and distributor of eco-friendly tea capsules ICT/Digital Economy, Life Sciences / Target Sectors MedTech, Proptech, Industrial Applications Full Portfolio www.brandenburg-kapital.de Investment Style Active KEY CONTACTS Deal Structures Minority Olav Wilms • 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 Key Investment Criteria Open Participation or combination of CEO subsidiaries. He also steers the strategic investments of the bank and open and silent Email: [email protected] represents ILB on, among others, the investment committee of the Hasso Plattner Venture II Fund. Website www.brandenburg-kapital.de Thomas Krause • Thomas has been active in the venture capital business since 2001. During this period, he was responsible for the equity investments in companies Contact Email [email protected] Member of management board such as gate5, PC-Soft and Berlin Heart. He heads the venture capital Email: [email protected] activities of ILB based in Potsdam. Contact Phone +49 331 660-1698 • Companies (current board positions): asgoodasnew, SMACC, Pentracor INVESTOR BOOK 26

BMW iVentures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Silicon Valley, San Francisco, Munich BMWiVentures, BMW’sEUR500million 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 Active Markets Global services. Thefirm has already partnered with innovative companies such as Carbon3D, Chargepoint, DesktopMetal, JustPark, Life360, Moovit, Nauto, Scoop, Founded 2011 Stratim, Turo, Xometry and Zendrive. Employees 10 BMWiVentures invests in all stages from seed and incubation to growth companies. Current Fund Size $616m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM $716m Moovit is a transit data company that offers a transit app. Target Investment Size N/A May Mobility develops autonomous vehicles from the chassis up with a focus on system level safety design. Target Geographies Global Autonomous Driving, Digital Car & Full Portfolio • www.bmwiventures.com/portfolio-2/ Automotive Cloud, E-Mobility, AI / Data / Target Sectors Cyber Security, Industry 4.0, Shared & On-Demand Mobility, Customer Digital Life, Energy Services Investment Style Active KEY CONTACTS Deal Structures n/a Tobias Jahn Principle • With BMW iVentures since July 2015, previously Senior Manager New Key Investment Criteria n/a Ventures at 3M Email: [email protected] Website www.bmwiventures.com Contact Email n/a Contact Phone n/a INVESTOR BOOK 27

Boerse Stuttgart – Digital Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Stuttgart 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. Active Markets Europe and Nordics Founded 2017 Employees 2 (of which all in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Sowa Labs is a fintech startup specialized in predictive data analytics and disruptive applications in trading of AUM n/a financial assets and cryptocurrencies. Target Investment Size n/a BISON is the first app for trading cryptocurrencies – Made in Germany. Target Geographies n/a Full Portfolio • www.bsdv.vc/#portfolio Target Sectors FinTech Investment Style Active KEY CONTACTS Deal Structures n/a Photo Matthias Ick • Joined Boerse Stuttgart Digital Ventures in 2017, previously MD and Key Investment Criteria n/a Executive Committee Member at Maxmillan Digital Education and CEO and Venture Partner Founder of tutoria Website www.bsdv.vc Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 28

btov Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices St. Gallen, Berlin, Luxembourg 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, Focused on Europe and invest outside of the team manages EUR 360m and looks at more than 3,000 companies each year. Active Markets Europe on a case-by-case basis btov teams in St.Gallen, Berlin and Luxemburg jointly with seasoned entrepreneurs back Start-ups with teams willing to make the difference. Founded 2000 Thedigital tech fund invests in B2C- and B2B-oriented businesses in the fields of commerce, marketplaces, mobile and software. The industrial tech fundplaces its focus on deep tech, e.g. in industry 4.0, resource efficiency, industrial AI, IoT, enterprise software, cyber security, as well as medtech. Employees 11-25 (of which all in Europe) SELECTED PORTFOLIO COMPANIES Current Fund Size €75m No. 1 marketplace for European term deposits Use of Debt No Leading financial comparision website AUM €360m Target Investment Size €250k - €3.5m The first manned, fully electric and safe VTOLs in the world Target Geographies Europe Blacklane is a Berlin-based global professional driver services company B2C- and B2B oriented business in the Target Sectors field of commerce, marketplace, mobile and software Full Portfolio • www.btov.vc/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority Dr. Jochen Gutbrod • Dr. Jochen Gutbrod was CFO of Holtzbrinck Publishing Group and Deputy Chairman of the Executive Board. In addition, he was CEO of Holtzbrinck Potential to tranform large industries, General Partner Digital. Prior to joining Holtzbrinck, he held leadership positions at Schroder Key Investment Criteria unique market positioning, defedable Investment Management assets • Florian was one of the co-founders of btov in the year 2000. Since then he Florian Schweitzer has worked on btov’s private investor network and investment business. Website www.btov.vc General Partner Florian has graduated with a degree in management from the University of St. Gallen Contact Email [email protected] Luca Martinelli • Luca studied International Business in Maastricht, Milan & London and holds a Masters Degree in Technology and Management orientated Business General Partner Administration from TU Munich. He founded two start-ups in the education & Contact Phone +49 30 346 55 84 00 recruiting space. INVESTOR BOOK 29

Buildit Accelerator KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Estonia Buildit is the first accelerator in the Baltic States and Nordic countries with focus on physical devices, accepting hardware and creative industries startups worldwide. Active Markets Baltic States and Nordics 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. Founded 2013 €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. Employees Approx. 35 Current Fund Size N/A SELECTED PORTFOLIO COMPANIES Use of Debt No The first window automation solution with a sleek design, affordable price and with just one-click installation on AUM N/A existing blinds. Target Investment Size €10k – €25k Velmenni is developing Jugnu - a future technology which can transfer high speed data using visible light. Target Geographies Baltic States and Nordics 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. Target Sectors Physical Devices, Hardware Full Portfolio • www.buildit.ee/companies Investment Style Active KEY CONTACTS Deal Structures Accelerating Sven Illing Managing Partner • Manging Partner at Buildit Accelerator since 2014 Key Investment Criteria N/A • Previously founder of GameFounders a global game studio accerlator Email: [email protected] Website www.buildit.ee Contact Email [email protected] Contact Phone +372 53 317 134 INVESTOR BOOK 30

Caixa Capital Risc KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Barcelona, Madrid Caixa Capital Risc, the venture capital arm of CriteriaCaixa, an investor that provides equity and convertible loans to innovative companies in their early stages. Active Markets Spain 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 Founded 2006 early stages companies. We invest in B2B business in the fields of: Fintech, Digitalhealth, Energy, Enreprise Software, Traveltech, Telecommunications, Agrotech, Edtech and Logistics. Employees 24 Current Fund Size €75m Use of Debt No SELECTED PORTFOLIO COMPANIES KDPOF develops state of the art microelectronics for high speed communications over large core Plastic Optical AUM €235m 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 Target Investment Size €300k - €3m Vilynx has built an artificial intelligence brain that helps media companies to compete with Netflix and other digital Logo 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. Target Geographies Spain and Portugal PlayGiga is an independent Games-as-a-service (GaaS) company and a pioneer in cloud-based gaming. Logo PlayGiga's customers include Telcoms, ISPs and media companies that already offer video and music services to B2B business: Fintech, Digitalhealth, their subscribers. With PlayGiga, companies can offer users a console-quality experience, a curated catalogue of Target Sectors Enterprise software, Data Analytics AAA games and an easy to use mobile-enabled parental control, delivering a family-friendly service. Energy, Traveltech, Agrotech, Logistics Investment Style Active Full Portfolio • www.caixacapitalrisc.es/en/empresas KEY CONTACTS Deal Structures Minority Asset management expert, with 20 years of experience in banking and venture Xavier Álvarez capital. Previously: Head of International Banking at Criteria, angel investor and Strong team, disruptive prior to that, Managing Director of Corporate & Structured Risk department in Key Investment Criteria technology, scalable business models, Managing Director CaixaBank. Focus on Fintech and Insurtech Business. global market potential Email: [email protected] Companies: KDPOF, Vilynx, Playgiga, Immfly Website www.caixacapitlrisc.es Contact Email [email protected] Contact Phone +34 93 4094060 INVESTOR BOOK 31

CapHorn Invest KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Lille, New York City CapHorn Invest is an independent Venture Capital Firm launched in 2010. The company invests in B2B digital companies. CapHorn Invest currently manages 180million euros across two funds and has a portfolio of more than 20 companies. Active Markets Global Founded 2010 Employees 20-30 (of which 25 in Europe) Current Fund Size €180m SELECTED PORTFOLIO COMPANIES Use of Debt No Antvoice allows medias to better monetize their advertising space through a very efficient IA tool predicting AUM €180m customer behavior. Saagie (pronounced "sadgee") is the fastest way to deploy your big data projects into production and to embed AI Target Investment Size €1m - €20m into your business. As a ready-to-deploy and fully managed platform, Saagie is massively used in the Bank & Insurance industry. Target Geographies n/a Ledger allows individuals and corporates to safely stock their blockchain assets with a revolutionary cryptology process Target Sectors Digital B2B Full Portfolio • www.caphorninvest.com/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Laurent Dumas-Crouzillac • Joined CapHorn Invest in 2015, previously Partner at A Plus Finance and Key Investment Criteria n/a Partner Partner ad IDInvest. Email: [email protected] • Companies: Saagie, FINALCAD, AntVoice, Ledger Website www.caphorninvest.com Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 32

Capital300 KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Vienna, Linz 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. Active Markets Europe Weinvest 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. Founded 2017 Employees 3 Current Fund Size €31m SELECTED PORTFOLIO COMPANIES Use of Debt No A social, hyper-casual gaming platform AUM Target Investment Size €1m - €10m Previous Companies Jajah, Talenthouse, Hitbox, Crystalline Mirror Solutions,… Target Geographies Europe Full Portfolio www.capital300.com/#businesses Target Sectors Technology (focus ICT) Investment Style Active KEY CONTACTS Deal Structures Minority Photo Peter Lasinger Roman Scharf Key Investment Criteria Team, global ambitions, technology Partner Photo Partner Website www.capital300.com Photo Eva Arh Contact Email [email protected] Principal Contact Phone n/a INVESTOR BOOK 33

Capnamic Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Cologne, Berlin 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. Active Markets Austria, Germany, Switzerland Thevast expertise of the Capnamic team includes more than 70 investments, a high turnover of successful trade sales and IPOs, as well as a strong Founded 2013 entrepreneurial track record within the investment team. Thegeneral partners are Jörg Binnenbrücker (@bibrue), Olaf Jacobi (@olafjacobi) and Christian Siegele. Employees 4 - 10 (of which 10 in Europe) Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a Mobile attribution provider of choice for thousands of app creators around the world Target Investment Size €500k - €3m SaaS for Enterprise Architecture trusted by leading brands Target Geographies Austria, Germany Switzerland Online platform for the sale and purchase of luxury watches Marketplaces, FinTech, Health, Marketing, Target Sectors Analytics, Digital Services, Digital Infrastructure, Digital Transformation, B2B Solutions Full Portfolio • www.capnamic.com/companies Investment Style Active KEY CONTACTS Deal Structures Minority Olaf Jacobi • Olaf carries over 20 years of experience as a manager, entrepreneur and Managing Partner inves- tor. Between 2007 and 2015, he was a partner and co-owner of Target Key Investment Criteria Team, Timing, Technology Partners. From 1999 to 2007, he founded and established multiple Email: [email protected] prosperous startups, which led to several successful exits Website www.capnamic.com Jörg Binnenbrücker • Jörg is an attorney at law, studied Economics and has been active in the VC Managing Partner scene for more than 13 years. Before setting up Capnamic, Jörg was the Contact Email [email protected] founding partner and managing director of DuMont Venture and built up the Email: [email protected] investment business of the DuMont media group. Contact Phone +49 221 67781930 INVESTOR BOOK 34

Check24 Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Frankfurt 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 Active Markets Austria, Germany, Switzerland 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 Founded 2016 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. Employees 1 - 3 (of which all in Europe) Current Fund Size €60m SELECTED PORTFOLIO COMPANIES Use of Debt No askCharlie is an online lead generation portal for local service providers AUM n/a Target Investment Size €500k - €2.5m Gini extracts, structures and processes content from documents through artificial intelligence Target Geographies Austria, Germany, Switzerland Medilove is a comparison portal for cosmetic surgery procedures, including breast implants and facelifts. Target Sectors Marketplace, Media, Financial Technology, Fianncial Services Full Portfolio • www.check24.vc/en/#portfolio Investment Style Active KEY CONTACTS Deal Structures Minority, Flexible Matthias Orlopp • Scout 24 (FinanceScout, Autoscout) MD & CFO Key Investment Criteria Team, product Managing Director • CHECK24 MD & CFO Email: [email protected] • CHECK24 Ventures MD Website www.check24.vc Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 35

Cherry Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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 Active Markets Europe, Israel 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- Founded 2012 equity, media-for-equity, etc.) and in negotiating future financing rounds. Employees 11 - 25 (of which 12 in Europe) Current Fund Size €150m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a AUTO1 Group is a used car purchaser based in Berlin Target Investment Size €400k - €10m Caroobi is a vertical marketplace for instant booking of car repair and maintenance services Target Geographies Europe, Israel, Turkey Enmacc aims to become the world’s leading OTC marketplace for energy trading by connecting all market participants via a highly scalable tech-platform Target Sectors Technology, Technology-enabled services Investment Style Active Full Portfolio • www.cherry.vc/portfolio Deal Structures Flexible, Lead KEY CONTACTS Industry agnostic, early-stage, first Christian Meermann • After some years at The Boston Consulting Group, Christian joined Zalando institutional investor, disruptive as their first CMO. He then joined the Management Board of Peek&Clop and Key Investment Criteria technology, solve specific problem for Founding Partner was responsible for the company’s online business consumer • After several years with McKinsey Daniel co-founded CityDeal and led the Daniel Glasner company as CEO until the acquisition through Groupon in 2010. Daniel is Website www.cherry.vc Founding Partner founder of Quandoo, a SaaS company for restaurants that was sold to Recruit Holdings in March’15 Contact Email [email protected] Filip Dames • 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 Founding Partner several executive positions. Contact Phone n/a INVESTOR BOOK 36

Citi Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 4: San Francisco, Palo Alto, NY and Tel Citi Ventures is the innovation engine of Citi, committed to conceiving, launching and scaling new initiatives with the potential to transform the future Aviv of financial services. We accelerate innovation at Citi by investing in startups, piloting new technologies, and testing new solutions and business Active Markets North America, Europe, Israel models through our Citi Innovation Labs and Citi businesses. Founded 2010 Basedin 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. Weseek to deliver next-generation experiences for Citi’s customers by systematically exploring leading-edge topics from machine learning and Employees 10 in Venture Investing team blockchain technology to new lending platforms and marketplaces. Current Fund Size Balance sheet-funded 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). Use of Debt No SELECTED PORTFOLIO COMPANIES AUM Not applicable Focus area: Financial Services & Technology • Digital transactions management provider that automates and digitizes documents & transactions Target Investment Size $1m - $10m • Publicly-traded. Target Geographies North America, Europe, Israel Focus area: Commerce & Payments • AI-powered Integrated Receivables SaaS platform. Optimizes cash flow through automation of receivables and 5 sectors: payments processes across credit, collections, cash application, deductions, and electronic invoicing and Fintech (Financial Services & payments. Target Sectors Technology); Commerce & Payments; Focus area: Data Analytics & Machine Learning Data Analytics & Machine Learning; • Data science company that uses machine learning to prevent fraud in omnichannel commerce Marketing Technology & Customer Experience; Security & Enterprise IT Full Portfolio • www.citi.com/ventures/portfolio.html Investment Style Passive KEY CONTACTS Deal Structures Standard VC terms • Joined Citi Ventures in 2015, previously Managing Director, Global Head of Luis Valdich Strategic Investments at J.P. Morgan and Consultant at McKinsey Fit within 5 focus areas (see above); Managing Director • Companies: ClarityMoney (acquired by Goldman Sachs); Contguard; Key Investment Criteria Strategic relevance (can bank be helpful); HighRadius; and two that have not been announced yet, a vertically-focused $2mm annualized product revenue; high Email: [email protected] POS lender and a provider of personal finance analytics growth Website www.citi.com/ventures/focus.html Contact Email [email protected] Contact Phone +1 9174566046 INVESTOR BOOK 37

CommerzVentures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Frankfurt CommerzVentures is the corporate VC arm of Commerzbank and invests in FinTech and InsurTech companies across Western Europe, Israel and the US. Thepartners 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. Active Markets Europe, Israel, and the US Founded 2014 Employees 6 (of which all in Europe) Current Fund Size €100m SELECTED PORTFOLIO COMPANIES Use of Debt No Short-term loan provider to small businesses AUM €30m Target Investment Size €2m - €10m Open API issuer processor platform Target Geographies Europe, Israel, and the US Cloud banking technology platform provider Target Sectors FinTech & Insurance Full Portfolio • www.commerzventures.com/Portfolio.html Investment Style Passive KEY CONTACTS Deal Structures Minority Patrick Meisberger Stefan Tirtey Key Investment Criteria Team, market potential, execution, Managing Director Managing Director defedable USP Website www.commerzventures.com Heiko Schwender Paul Morgenthaler Contact Email [email protected] Senior Investment Manager Senior Investment Manager Contact Phone n/a INVESTOR BOOK 38

Concentric KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, UK & Copenhagen, Denmark Weareanopentechnology investment partnership, not astereotypical VC, and we do not see ourselves as just financial investors, more as business partners and builders ActiveMarkets Europe Adding value by active management and working with companies before and after investing Founded 2013 Focus on investment opportunities born out of changing customer behaviour / demands across a number of core sectors / verticals: fintech, proptech, marketplaces, B2Bautomation Employees 6 c.50 investments undertaken over past 15 years Current Fund Size €30m Supported by long-standing family office co-investors Use of Debt Yes SELECTED PORTFOLIO COMPANIES Launches and operates used-car marketplace in emerging markets, including Nigeria, Chile, Pakistan, and AUM c. €40m Indonesia Target Investment Size Up to €5m over life of an investment Workspace and office services provider building sector-focused, curated communities Target Geographies Key innovation hubs of Western Europe Platform for management of short term rentals that allows homeowners to maximize rental income Target Sectors Fintech, proptech, marketplaces, B2B automation Full Portfolio • www.concentricteam.com/investment-platforms/ Investment Style Active KEY CONTACTS Deal Structures Significant minority equity positions • Denis Shafranik • 9 years in investment banking Original, scalable and defendable • Partner • 8 years in VC technology investment Key Investment Criteria Category leaders • Email: [email protected] • Companies: PayasUgym, PSM, Neteven, Billetto, ChargeMaster, etc. Post achieving product-market fit Website www.concentricteam.com • Kjartan Rist • 18 years in technology (founder, advisor, investor, Board) Contact Email [email protected] • Partner • Companies: VOSS Solutions, Shazam, NetClean, Endeca, TopTable, etc. • Email: [email protected] Contact Phone +44 (0) 20 7839 8143 INVESTOR BOOK 39

Constantia New Business KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Vienna 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 Active Markets DACH €500k. Founded 2012 Employees 5 (of which 5 in Europe) Current Fund Size Evergreen ltd co Use of Debt Exceptional SELECTED PORTFOLIO COMPANIES AUM n.a. High quality video streaming technology over the web as Software-as-a-Service. Target Investment Size €500k - €2m Pioneers the development of radio-frequency (RF) antenna, waveguide and filter products based on additive manufacturing. Target Geographies DACH, CEE Aircloak enables high-fidelity analytics of sensitive datasets while strongly protecting individuals’ privacy. Target Sectors Deep tech, SaaS, IoT, Robotics, Advanced Materials Investment Style Active Full Portfolio • www.ciag-cnb.at/#portfolio Deal Structures Various KEY CONTACTS Philipp Thurn und Taxis • Head of Constantia New Business & Member of the Board of Directors of B2B, Innovative technology with strong CIAG with international experience as consultant, manager and entrepreneur Key Investment Criteria USP and high scalability, After market Managing Director in software and telecommunications among others. Executive Board at Efkon entry, First revenues AG and VP Global Corporate Development at SAP AG. Email: [email protected] • Companies: bitmovin, swissto12 Website www.ciag-cnb.at Sabine Fleischmann • Many years of working experience in IT, with main emphasis on software (e.g. Contact Email [email protected] Microsoft, Sun, IBM), management tasks in consulting, sales and general Senior Investment Manager management. Coach and consultant. Experience with International Energy Management. Contact Phone +43 1 588 45-0 Email: [email protected] • Companies: BENEnergy, VirtualQ, Aircloak INVESTOR BOOK 40

Coparion KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Cologne, Berlin 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 Active Markets Germany 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 Founded 2016 substance, tenacity and creativity required to mutually manage difficult situations successfully. They only invest with other co-investors. Thefocus is on the start-up and early growth phase. They appreciate initial successes, such as the sales and key accounts developed or successful Employees 13 (of which all in Europe) product launches. Per company they invest up to EUR 10 million, usually in several financing rounds of EUR 0.5-5 million each. Current Fund Size €225m SELECTED PORTFOLIO COMPANIES Use of Debt No AI for robot autonomy AUM €225m Target Investment Size €500k - €5m B2B marketplace for long-stay furnished appartements Target Geographies Germany Electronic Fleet Manager based on connected car Target Sectors IT, Internet, High-Tech, Life Science Full Portfolio • www.coparion.vc/en#tmpl-portfolio Investment Style Active KEY CONTACTS Deal Structures Minority, with co-investors Christian Stein Managing Director • Managing Director at Coparion since launch. Previously Partner at Creathor Key Investment Criteria „Traction“ – No seed funding Venture, CFO at Zadego , BCG, IBM Email: [email protected] Website www.coparion.vc David Zimmer Contact Email [email protected] Managing Director • Managing Director at Coparion since launch. Previously Director at Quadriga Capital and CEO at Altira AG Email: [email protected] Contact Phone +49 30 58584400 INVESTOR BOOK 41

Creandum KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Stockholm, Berlin, San Francisco Creandumis 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. Active Markets Europe and North America Founded 2003 Employees 15 Current Fund Size €180m SELECTED PORTFOLIO COMPANIES Use of Debt No • World’s largest music streaming service. With Spotify, it’s easy to find the right music for every moment of your AUM €435m day and in your life Target Investment Size €500k - €10m per round • Number one solution for retail mobile payments and point-of-sale solutions in Europe and Latin America Target Geographies Europe and North 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 Target Sectors B2Cand B2B, Software Full Portfolio • www.creandum.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority Johan Brenner • 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 Key Investment Criteria Possibility to scale globally General Partner businesses as an entrepreneur, and as Partner in leading venture capital firms [email protected] • Companies: i.a. iZettle, Klarna, Pleo, Bokio, Syft, Neo4j, Vivino, Planday Website www.creandum.com Simon Schmincke • Simon is a developer by heart and a venture capitalist by mind. German born, Contact Email n/a Photo Partner Simon gained operational experience building three companies for Rocket Internet, as well as investment experience with Earlybird Venture Capital [email protected] • Companies: i.a. Bllie, Comtravo, RFRSH, Tide, Taxfix Contact Phone n/a INVESTOR BOOK 42

Creathor Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Frankfurt, Zurich 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 Active Markets Europe 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 Founded 2003 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. Employees 17 (of which all in Europe) Current Fund Size €230m SELECTED PORTFOLIO COMPANIES Use of Debt No Software platform for residential & commercial property management AUM €230m Target Investment Size Up to €10m AI-enhanced DNA sequencing and analytics Target Geographies Germany, Switzerland, Austria, France, Developer and producer of ultra-reliable real-time wireless communication systems and solutions Nordics Target Sectors Artificial Intelligence, Industry 4.0, Web 3.0, Digital Health, Life Sciences Full Portfolio • www.creathor.com/en/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Control, joint control, minority Cédric Köhler • 10+ years of VC experience, he is specialized in technology investments Photo Managing Partner • Member of the Venture Council of SECA and Co-Chair of Digital Chapter at Key Investment Criteria n/a International Venture Club Email: [email protected] • Companies: Allthings, HeyJobs, Humanoo, lengoo Website www.creathor.com Christian Weniger • Early stage venture capitalist and Investment Manager at Creathor Venture Contact Email [email protected] Partner • Mentor at Techstars, Kauffman Fellows Class 23 Email: [email protected] • Companies: R3 Communications, Haja Networks, Wunderflats, iFunded Contact Phone +49 6172 139720 INVESTOR BOOK 43

Curious Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Cologne 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. Active Markets Germany 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. Founded 2017 Wedominority investments (no strategic investments), but offer hands-on support in all business fields and provide access to the media industry. Employees 2 (of which all in Europe) Current Fund Size N/A Use of Debt No SELECTED PORTFOLIO COMPANIES Joblift – Meta platform for jobs AUM N/A Target Investment Size €50k - €250k Flits Music – Mobile streaming service with high definition sound Target Geographies Germany, Europe StyleLounge – Meta platform for fashion Marketplaces, Media, Communications, Target Sectors Education Technology, Analytics, Digital Services, Hardware Full Portfolio www.curiouscapital.vc Investment Style Flexible KEY CONTACTS Deal Structures Minority Johannes Heinen • Founder of StyleLounge Key Investment Criteria Technology-driven USP, Scalability, Managing Director • Management Positions at Dreamlines and Goodgame Studios Seed/Early Stage, Team Email: [email protected] • Master’s degree in Business Engineering (RWTH Aachen) Website www.curiouscapital.vc Contact Email [email protected] Contact Phone +49 221 1632208 INVESTOR BOOK 44

Deutsche Börse DB1 Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Frankfurt, Germany 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 Active Markets Europe, USA DB1Ventures Investment Committee, which is chaired by the DBG CEO. Founded 2016 CORE CLUSTERS OF FOCUS Employees 4 – 10 (of which - in Europe) 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 Current Fund Size n/a 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). Use of Debt No SELECTED PORTFOLIO COMPANIES Provider of collateral lending solutions, based on DLT technology, intended to enhance market transparency and AUM n/a promote financial stability Target Investment Size €5m - €15m Provider of multi-lateral and dimensional data compression platform designed for derivatives trading Target Geographies Global focus Provider of a data lifecycle management platform designed to accelerate data discovery Capital Markets Technology (API, Cloud, Target Sectors etc.) & CM Applications (trading, post- trade, etc.) Provider of software tools intended to offer innovative trade reporting and cost-effective compliance services Investment Style Active KEY CONTACTS Deal Structures (Significant) Minority Ankur Kamalia • Head of Venture Portfolio Management at DBG. Previously Managing Key Investment Criteria Growth stage, strategic investments Managing Director Director at UBS, and Portfolio Manager at Polygon Investment Partners. MBA - University of North Carolina at Chapel Hill. Email: [email protected] Website www.deutsche-boerse.com/db1ventures/ Contact Email [email protected] Contact Phone +49 6921116699 INVESTOR BOOK 45

Deutsche Telekom Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Hamburg, Herzeliya DTCPprovides 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. Active Markets Europe, Israel, UK Founded 2015 Employees 26 - 50 (of which 22 in Europe) Current Fund Size €500m Use of Debt No SELECTED PORTFOLIO COMPANIES NGENA provides business with physical and virtual networks through hybrid VPN and AUM €1.5bn its innovative cloud technology Target Investment Size €5m - €75m I-am-plus produces Dial, a voice-enabled smarcuff designed by i.am+, the tech company founded by musician and entrepreneur will.i.am Target Geographies Europe, Israel, UK 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 E-Commerce and Financial Technology, Target Sectors Communications, Marketing, Analytics, Digital Services Full Portfolio • www.telekom-capital.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Flexible Thomas Preuß • Thomas is a Partner at Deutsche Telekom Capital Partners in the Venture Partner Capital team. He is responsible for the European activities of the fund. Key Investment Criteria Predictability, product market fit Thomas studied at the University of Hamburg and holds a master’s degree in Email: [email protected] technical economics Website www.telekom-capital.com • Till has 10 years of energy experience, working in the industry, finance and Till Stenzel policy-making. He has deep experience with investment due diligence, Contact Email [email protected] renewable energy project development, contract negotiations and business Vice President development. He has worked in emerging markets in North Africa and has been closely involved in raising finance and starting up new companies. Contact Phone +49 160 7171001 INVESTOR BOOK 46

DNCapital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Menlo Park, Berlin DNCapital 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 Active Markets Europe; US 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 Founded 2000 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. Employees 21 (of which 18 in Europe) Additional information about the firm and its portfolio companies can be found at www.dncapital.com Current Fund Size €200 million Use of Debt No SELECTED PORTFOLIO COMPANIES • C2B seller of used cars to dealerships using online to acquire inventory. AUM $500 million • One of the hottest unicorns of Europe. • Valuation of €2.9 billion as of Softbank’s €460 million investment in January 2018. Target Investment Size €250,000 - €20 million • Leading search and business intelligence software company. • Acquired by Oracle in 2011 for $1.1 billion. 75% Europe (UK, Germany, France Target Geographies Nordics) 25% US & ROW • One of the most downloaded mobile applications of all time, over 100 million MAU. Marketplaces, eCommerce, Fintech, • Acquisition offer from Apple. Target Sectors Digital Health, Enterprise Software & SaaS; Digital Media; Mobile Full Portfolio • www.dncapital.com/portfolio.html Investment Style Active KEY CONTACTS Deal Structures NA • Chairman of the Venture Capital Board of Invest Europe (from July 2018). Nenad Marovac Partner at Advent International. MBA Harvard Business School. Focus on Key Investment Criteria Team, Market, Product, Traction and Deal Photo Founder and Managing Partner marketplaces, SaaS, fintech, consumer mobile applications and digital health Email: [email protected] • Companies: Auto1, Shazam, Datanomic, Tourlane, HomeToGo, Tbricks, Website www.dncapital.com Mister Spex, OLX, Purplebricks, Quandoo, Joblift. Contact Email [email protected] Thomas Rubens • Barclays M&A. University of Bristol. Focus on ecommerce, Marketplaces, Photo Partner Software Contact Phone +44 (0) 207 340 1600 Email: [email protected] • Companies: Auto1, Book a Tiger, Caroobi, HomeToGo, Quandoo, Finiata. INVESTOR BOOK 47

Draper Esprit KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 3 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, Active Markets Europe 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. Founded 2005 Visit www.draperesprit.com Employees 27 in Europe Current Fund Size $1 billion equivalent Use of Debt No SELECTED PORTFOLIO COMPANIES Crypto-currencies and other crypto assets present new security challenges for us all. Ledger has created a unique AUM N/A 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 Target Investment Size $5m - $25m 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. Target Geographies Europe The new world of work makes it more important than ever to keep employees engaged – an occasional bowl of fruit Consumer Technology, Enterprise SaaS, in the office isn't going to cut it. Perkbox helps companies keep employees happy, by managing a whole range of Target Sectors Hardware & deeptech, Digital Health employee extras - from gym memberships to all-out multi-day experiences. Investment Style Active Full Portfolio • www.draperesprit.com/entrepreneurs/portfolio Deal Structures Minority KEY CONTACTS Ben Tompkins • Ben has been working with technology entrepreneurs and their investors in Key Investment Criteria Stellar team, big market, disruptive tech Managing Partner Europe and the US all his career. Previously: Managing Partner at Eden Ventures, a European early stage VC investor Website www.draperesprit.com Email: [email protected] • Companies: Aircall and Green Man Gaming Contact Email [email protected] Contact Phone +44 (0)20 7931 8800 INVESTOR BOOK 48

Earlybird KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, Munich, Istanbul 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 Active Markets Europe, Turkey under management, six IPOs and 22 trade sales, Earlybird is one of the most successful venture capital firms in Europe. Founded 1997 Employees 25-50 (of which 41 in Europe) Current Fund Size Earlybird Digital West Fund: €150m Earlybird Health-Tech Fund: €100m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM €850m Shapeshift - Instant digital asset exchange supporting dozens of blockchain tokens Target Investment Size €500k - €5m N26 - Banking product for smartphones Target Geographies Europe, Turkey UiPath - Robotic software for business process automation Target Sectors Technology, Technology-enabled services Investment Style Active Full Portfolio • www.earlybird.com/portfolio/ Deal Structures Minority, Lead KEY CONTACTS Hendrik Brandis • Hendrik Brandis is co-founder and Partner at Earlybird. He was Co-Foun- der of Disruptive business models or GMM and Project Manager at Messerschmitt-Boelkow-Blohm (now Daimler- Key Investment Criteria technologies with forward looking lock-in Co-Founder and Managing Partner Chrysler Aerospace). Previously, Hendrik was Partner with McKinsey & Co. He in large markets lead by an outstanding holds a Dipl.-Ing. (MSc equivalent) and PhD degree in Aerospace Engineering team Email: [email protected] • Companies: nfon, B2X, Videdressing, Medidate, Movinga, Onefootball, Simscale, Website www.earlybird.com Christian Nagel • Christian is Co-Founder and Partner of Earlybird. Prior to founding Earlybird, he co- acquired various companies from the Treuhandanstalt and gained opera- tional Co-Founder and Managing Partner experience. Before that, he worked as an Engagement Manager with McKinsey & Contact Email [email protected] Co. He holds a Diplom-Wirtschaftsingenieur and a PhD degree Email: [email protected] • Companies: Cashboard, Crossengage, N26, Shapeshift, smava Contact Phone +49 3046724700 INVESTOR BOOK 49

ECONA KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin ECONAisyourreliable partner for financing your company’s growth. Active Markets Germany, Austria, Switzerland 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, FINANZCHECKand smava. Founded 1999 Employees 3 (of which 3 in Europe) Current Fund Size €75m SELECTED PORTFOLIO COMPANIES Use of Debt No ECONA co-founded the European market leader in premium functional food in 2013 and provided all funds for the AUM €75m first four years of operation ECONA and a new management team bought the company out of insolvency, keeping thousands of pets happy by Target Investment Size €250k - €5m securing their supply with premium fresh food Target Geographies Germany, Austria, Switzerland Medidate is the largest German full service provider for plastic surgery and recently acquired Medical One. ECONA participated in two rounds of VC financing Target Sectors Anything consumer-oriented. • www.econa.com Investment Style Active KEY CONTACTS Deal Structures Acceleration, Minority, Majority, MBO, MBI Ilja Reiner Photo Partner In private equity and leveraged finance since 1998. Active as VC investor for Key Investment Criteria People we like, businesses we understand more than 5 years. Email: ilja,[email protected] Website www.econa.com Bernd Hardes Contact Email [email protected] Photo Partner Entrepreneur and investor since 1997. Co-founder of bmp Ventures and ECONA AG, chairman of the board of foodspring and Ampere AG. Email: [email protected] Contact Phone +49 30 2008 9966 INVESTOR BOOK 50

Eight Roads Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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, Active Markets Global Nuance, Ping Identity, Prosper, Treatwell, Recurly, Wallapop and Xoom. Founded 1998 Employees 51 - 100 (of which 10 in Europe) Current Fund Size $375m SELECTED PORTFOLIO COMPANIES Use of Debt No Made is an online furniture retailer headquartered in London AUM n/a Target Investment Size $8m - $35m Appsflyer is a mobile advertising attribution and analysis platform. Headquartered in Tel Aviv Target Geographies Global NeoTechnology is a NoSQL graph database. Originally founded in Malmo, the company is currently headquartered in San Francisco Target Sectors Consumer Technology, Enterprise Technology, FinTech Full Portfolio • www.eightroads.com/en/ventures/europe Investment Style Active KEY CONTACTS Deal Structures Majority, Minority Michael Treskow • Michael is a Partner at Eight Roads Ventures Key Investment Criteria n/a Partner • 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 Email: [email protected] Graduate School of Business Website www.eightroads.com Dominic Reardon • Dom is an Investment Professional at Eight Roads Contact Email [email protected] Investment Professional • Prior to Eight Roads, Dom worked as an investment professional at AirTree, Email: [email protected] an Australian VC fund Contact Phone +44 20 70745400 INVESTOR BOOK 51

Endeit Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Amsterdam, Berlin 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. Austria, Belgium, Denmark, Finland, 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 Active Markets Germany, Norway, Sweden, Switzerland, United Kingdom 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. Founded 2006 Employees 4-10 (of which 7 in Europe) Current Fund Size €125m SELECTED PORTFOLIO COMPANIES Use of Debt No Global leader in advanced location / movement data technology AUM €275m Target Investment Size €3m - €10m Luxury watches platform Austria, Belgium, Denmark, Finland, Target Geographies Germany, Norway, Sweden, Switzerland, Multi day travel tours booking platform United Kingdom E-Commerce, Marketplaces, Media, Target Sectors Edutech, Travel & Transportation, Fintech, Full Portfolio • www.endeit.com/#companies Financial Services Investment Style Active KEY CONTACTS Deal Structures Minority Martijn Hamann • Martijn joined Endeit Capital at the start as Partner in 2006. Today, he is responsible for deals in DACH, UK, Nordics Partner • Until 2006 he was a member of the Executive Director team of Endemol Key Investment Criteria Growth Phase, Internationalisation Email: [email protected] Group, one of the world’s largest independent providers of content for television & all other screens. Website www.endeit.com Contact Email [email protected] Contact Phone +31 653726743 INVESTOR BOOK 52

FJ Labs KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices New York 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 Active Markets Global 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. Founded 2015 Employees 15 (of which 1 in Europe) Current Fund Size Evergreen, deploys ~$50M per year SELECTED PORTFOLIO COMPANIES Use of Debt no Logo Car mechanic marketplace in Germany, with more tan 400 mechanics workshops throughout the country, servicing AUM Evergreen all brands and models of cars Logo Pan-European online deposit marketplace, enabling European consumers to get the best deposit interest rate Target Investment Size $250k - $1m available throughout the EU. Target Geographies US, Europe, Asia, South America 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. Target Sectors Marketplaces, SaaS, D2C brands, Fintech Full Portfolio www.fjlabs.com/portfolio Investment Style Passive KEY CONTACTS Deal Structures Minority Arne Halleraker • Arne has been with FJ Labs for 2 years, and co-leads the investment arm. As Photo a Norwegian transplant to New York, Arne has strong links to both the $1bn potential value, valid business Principal European and North American tech ecosystems. Previously he was Director Key Investment Criteria model, unit economics, strong team of Global Partnership with Telenor ASA ($32bn market cap Email: [email protected] telecommunications company). Arne holds a MSc from the Norwegian University of Science and Technology. Website www.fjlabs.com Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 53

Fluxunit – OSRAM Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich Fluxunit is the corporate venture capital unit of OSRAM. Active Markets Global 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. Founded 2016 Leveraging our corporate OSRAM heritage, we focus our investments on startups, where we can contribute to a startup’s success and value creation. Employees Approx. 10 Consequently, our investment fields include the areas of smart city, smart building and industrial applications (e.g. sensors, horticulture, mobility,…) Current Fund Size N/A Use of Debt No SELECTED PORTFOLIO COMPANIES AUM N/A Blickfeld develop and sell LiDAR sensors and provide the software to interpret complex 3d point clouds. Target Investment Size N/A 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. Target Geographies N/A 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. Target Sectors Smart city, smart building and industrial applications Full Portfolio • https://www.fluxunit.eu/en/portfolio/index.jsp Investment Style Active KEY CONTACTS Deal Structures N/A Oliver Kahl Investment & Portfolio Manager • With Fluxunit since 2017, previsouly Business Analyst at eCAPITAL Key Investment Criteria N/A Email: [email protected] Website www.fluxunit.eu Contact Email [email protected] Contact Phone +49 89 6213 3646 INVESTOR BOOK 54

Frog Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Kings Cross, London 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. Active Markets Europe 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. Founded 2008 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. Employees 13 (all in London) For further information, please visit www.frogcapital.com. Current Fund Size €90m SELECTED PORTFOLIO COMPANIES Use of Debt No Germany’s largest online estate agent with 85% market share, McMakler has seen the total volume of real estate AUM €130m transactions increase fivefold in a just a year. Target Investment Size €5m - €20m 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. Target Geographies Europe Target Sectors Software enabled technology across Germany’s leading online tutoring provider, with over 75,000 ítems of digital learning content multiple sectors Investment Style Active KEY CONTACTS Deal Structures Minority • Mike Reid • Jens Düing • Martin Hauge Key Investment Criteria Generating €3m-€30m of revenue • Senior Partner • Senior Partner • Chairman • Ex-3i, with over 20 years’ • Ex Apax and Pioneer Point • Founding Partner of PE/VC experience and Partners, responsible for DACH Creandum and Website www.frogcapital.com responsible for IR/Marketing deal origination and B2C lead successful European • Shirin Dehghan • Steven Dunne VC investor: including Spotify and iZettle Contact Email [email protected] • Senior Partner • Senior Partner & CFO • Telecoms software • Ex-Livingbridge, responsible for entrepreneur, who founded portfolio monitoring Contact Phone +44 (0)20 7833 0555 and exited Arieso for c.$100m INVESTOR BOOK 55

General Catalyst KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Boston, New York, Palo Alto, San General Catalyst is a venture capital firm that makes early-stage and transformational investments. Weback fearless entrepreneurs who are building Francisco 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 Active Markets United States, Europe, Israel benefit from a bicoastal network of talent, customers, and opportunity. For more: generalcatalyst.com. Founded 1999 Employees 75 Current Fund Size $1.375bn SELECTED PORTFOLIO COMPANIES Use of Debt No Airbnb is a community marketplace for people to list, discover, and book unique spaces around the world online or AUM $5bn+ from an iPhone device. Target Investment Size $500k - $100m 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. Target Geographies United States, Europe, Israel 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. Target Sectors Enterprise Technology, Consumer Internet Full Portfolio • www.generalcatalyst.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority / Lead • 20+ years technology investing in London and the U.S.; investor at General Adam Valkin Catalyst since 2013 (previously Accel and Arts Alliance); Harvard University We back fearless entrepreneurs who are Managing Director B.A. Key Investment Criteria building market leading technology • Select investments: Brainly, CCP, ClassPass, Deliveroo, Fundbox, Giphy, companies Email: [email protected] Super Evil Megacorp, Rebagg, Remesh, Shift Technology, Vroom, and Website www.generalcatalyst.com WayUp Addie Lerner • 7+ years technology investing; investor at General Catalyst since 2017 Contact Email [email protected] (previously General Atlantic and Goldman Sachs); Princeton University A.B. Principal • Companies: CoEdition, Remesh, Shift Technology Email: [email protected] Contact Phone 617-234-7000 INVESTOR BOOK 56

German Media Pool KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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 Active Markets Germany and Switzerland, we access media partnerships in The Netherlands, Belgium, France and Spain – via partners or directly. Founded 2011 Employees 5 Current Fund Size Approx €50m gross media p.a. SELECTED PORTFOLIO COMPANIES Use of Debt No ABOUTYOU is Europe’s most inspiring and personalized fashion shop. Launched in 2014, it has achieved AUM €150m gross media invested significant growth in the German, Swiss, Dutch and Belgian markets. Target Investment Size €2m- 10m gross Momox is Germany’s leading second hand platform, specialized on used media and entertainment. Target Geographies Germany, Switzerland, Benelux, France, Clark offers insurance services and the management of insurance contracts via mobile phone. Spain Target Sectors Consumer and ECommerce Full Portfolio • www.gmpvc.com Investment Style Passive with active support in media KEY CONTACTS Deal Structures Minority Aljoscha Kaplan Photo • Senior Consultant at Ernst & Young, Senior Business Developer at mayato, Key Investment Criteria Ability to grow with media Managing Partner Entrepreneur in Residence at M10-Partners Email: [email protected] • Companies: ABOUT YOU, Momox, Clark, Job Today Website www.gmpvc.com Niko Waesche • Former Executive at GfK and IBM , VP and MD at Upfront Ventures, Angel Contact Email [email protected] Photo Managing Partner investor in company acquired by eBay Email: [email protected] • Companies: ABOUT YOU Contact Phone +49 30 609 847 838 INVESTOR BOOK 57

German Startups Group KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, Frankfurt TheGermanStartups 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 Grouphas become the most active private venture capital investor in Germany (CB Insights 2015, Pitch-book 2016). With the launch of G|S Market™ Active Markets DACH 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 Founded 2012 to acquire larger investment opportunities through pooled investments. Employees 4 (of which 4 in Europe) Current Fund Size ca. €30m balance sheet SELECTED PORTFOLIO COMPANIES Use of Debt Yes 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 AUM ca. €30m balance sheet 700,000 users worldwide per second. Chrono24 is the global online market leader for luxury watches, based in Karlsruhe. Founded in 2003 by Tim Target Investment Size €50k– €2m 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. Target Geographies DACH 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 Target Sectors eCommerce, AdTech, FinTech/InsurTech, and the adjustment of glasses thanks to local partner opticians in Germany. Investment Style Active Full Portfolio • www.german-startups.com/index.php/about-us/#holdings KEY CONTACTS Deal Structures Minority, secondaries • Serial Entrepreneur, IPO’ed three companies including CDV Software, Name: Christoph Gerlinger Frogster Interactive and German Startups Group, strong capital markets Team, Track Record (Serial Title: Founder and CEO network Key Investment Criteria Entrepreneurs), Germany-based or • Companies: German Startups Group, German Startups Market, German German-speaking Email: [email protected] Startups Asset Management, Frogster Interactive, CDV Software Website german-startups.com Name: Marcel Doeppes • Supported IPO of German Startups Group, General Manager of German Startups Market and German Startups Asset Management, Degrees in Contact Email [email protected] Title: Head of IR, People and Projects Economics of Goethe University Frankfurt, JGU Mainz and RUG Groningen Email: [email protected] • Companies: German Startups Group, German Startups Market, German Startups Asset Management, Ketchum, Goethe University Frankfurt Contact Phone +49 30-54908603 INVESTOR BOOK 58

Global Founders Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, London, Paris, Munich 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, Active Markets Global Linkedin, Facebook, and many other successful Internet ventures. Through this fund they invest all over the globe, from Seed to Growth. Founded 2013 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. Employees 11 - 25 (of which 11 in Europe) Current Fund Size €1bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes The digital freight forwarder for the 21st century AUM n/a Target Investment Size €200k - €10m Cloud-based platform that transforms the way real estate deals are done Target Geographies Global A holistic HR management and recruiting solution for Startups and SMEs Target Sectors Technology, Technology-enabled Services Full Portfolio • www.crunchbase.com/organization/global-founders-capital Investment Style Active KEY CONTACTS Deal Structures Minority, Lead Oliver Samwer Daniel Jones Matthias Müller Team, category defining companies, Partner Partner Partner Key Investment Criteria business with attractive economics, daniel@global matthias@global scalable acquisition channels founderscapital.com founderscapital.com Website www.globalfounderscapital.com Levin Bunz Hugues DeBraucourt Contact Email [email protected] Partner Principal levin@global hugues@global founderscapital.com founderscapital.com Contact Phone n/a INVESTOR BOOK 59

GLOBAL VENTURES KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Hamburg 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. Wesupport startups from round A on with an industry specific network, access to partners and clients, capital, know how and placement services. Austria, Belgium Czech Republic, Denmark, Estonia, Finland, France, Active Markets Germany, Greece, Ireland, Israel, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey, UK Founded 2017 Employees 4 - 10 (of which 5 in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Ensuring drug safety with blockchain technology. AUM n/a Target Investment Size €100k - €5m Bankera is building a digital bank to last for the blockchain era Austria, Denmark, Estonia, Finland, France, Germany, Ireland, Israel, Italy, Target Geographies Latvia, Lithuania, Netherlands, Norway, Full Portfolio • www.global-ventures.com/ Poland, Portugal, Russia, Spain, Switzerland Marketplace, Media, Communications, Target Sectors Travel & Transportation, FinTech, Health, Marketing, Analytics, Digital Services, Offline Services, Hardware KEY CONTACTS Investment Style Active Deal Structures Majority, Minority, Flexible, Joint Control, Dr. Christoph Lymbersky • Christoph is a serial entrepreneur who founded his first company – an IT Lead Photo Managing Partner 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 Key Investment Criteria depends Email: [email protected] competitor Website www.global-ventures.com Vincent Lauer • Vincent Lauer has a mix of experience having started his career at Barclays. Contact Email [email protected] Photo Venture Partner He also co-founded a Wearable Tech startup, designing a device that calculated the fat burned during exercise, through measuring the levels of Email: [email protected] breath acetone Contact Phone n/a INVESTOR BOOK 60

GPS Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 2 GPSVENTURESisaventurecapital firm, active since 2014. Weinvest 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 Active Markets 4 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 Founded Active since 2014 software, biotech, e-mobility and investment funds, among others. Employees 8 Current Fund Size Currently 24 investments SELECTED PORTFOLIO COMPANIES Use of Debt n/a Sinfosy – plug & play IoT solution for smart manufacturing and logistics AUM n/a Target Investment Size €1m - €1.5m first round Teraki – break-through data processing and data quality enhancement software technology that enables Follow-ons with larger ticket size processing, storing and transmitting the growing data loads for (embedded) IoT applications. Target Geographies Germany, Europe Tandem – peer to peer language training app Target Sectors Various sectors, B2B, B2B2C Full Portfolio Upon request Investment Style Project-specific Active from 10% ownership KEY CONTACTS Deal Structures Minority. Lead or Co-investor From seed stage Reinhold von Ungern Sternberg • Since 2017 Managing Director at GPS Ventures. Previously Head of JSC Key Investment Criteria Traction / proof of concept Managing Director “Kirovsky Zovod” representatitve office in Germany. Network references Website n/a Dr. Albrecht Bochow Contact Email [email protected] General Partner Contact Phone +49 160 9956 7038 INVESTOR BOOK 61

GR Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Riga (Latvia), Kyiv (Ukraine) GRCapital 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 Active Markets Europe, US 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. Founded 2016 Employees 11-25 (of which all in Europe) Current Fund Size $30m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM N/A Oneof the leading providers of online food delivery platforms designed to order restaurant meals Target Investment Size $1m - $5m Online international money transfer company that challenges the old fashioned, expensive ways of moving your money around the world Target Geographies Europe, US Leading on-demand service that purchases, picks-up and delivers anything that is ordered through the app Target Sectors Fintech, Insurtech, Foodtech, Mobility, Adtech Full Portfolio • www.gr.capital/investments Investment Style Active KEY CONTACTS Deal Structures Minority, Co-investment • 10+ years of experience in investment banking. Originated and closed 50+ Roma Ivanyuk deals both as a private entrepreneur and as the MD of the top Ukrainian Experienced team, strong traction, Managing Partner investment bank Key Investment Criteria defensible competitive advantage, • At GR Capital sets the fund strategy, leads the investments sourcing and clear path to exit Email: [email protected] investor relation Website www.gr.capital Max Filippov • 10 years of experience in corporate finance and private equity. 30+ various advisory engagements for the clients, including M&A, capital raising, debt Contact Email [email protected] Principal restructuring, strategic consulting. • At GR Capital supervises day-to-day operations, manages current Email: [email protected] investments and helps sourcing new projects. Contact Phone N/A INVESTOR BOOK 62

Griffon Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Tehran, Berlin MENAfund 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. Active Markets Germany Founded 2014 Employees 11 - 25 (of which 3 in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No AUM n/a Target Investment Size €1m - €3m Target Geographies Germany Target Sectors Marketplaces, Travel & Transportation, Financial Services Investment Style Active KEY CONTACTS Deal Structures Minority Xanyar Kamangar • Four years of EM tech investment track record on top of 8 years of TMT M&A Key Investment Criteria Emerging local winners Founding Partner and IPO (Deutsche Bank London) and 9 years of successful entrepreneurship experience. Iran 'Entrepreneur of year' award in 2003 Email: [email protected] Website www.griffoncapital.com Contact Email n/a Contact Phone n/a INVESTOR BOOK 63

Hammer Team KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Cham, Switzerland 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 Active Markets Germany, Switzerland, UK companies to communicate openly, leverage synergies and find new ways of solving challenges Founded 2013 Employees 1 - 3 (of which 3 in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No The next Generation Delivery Model for GRC: Supervised Governance, Risk & Compliance (sGRC). A smart bundle AUM n/a of GRC functionality, content, best practices and supervision Squirro is an Advanced Search & Context Intelligence Solution that enables companies to turn meaningless data Target Investment Size €25k - €2m into actionable insights Target Geographies Germany, Switzerland, UK Internal communication to drive employee engagement for non-desktop workers Target Sectors E-Commerce Technology, Marketplaces, FinTech, Marketing, Analytics Full Portfolio • www.hammerteam.com/hammer-digital/ Investment Style Active KEY CONTACTS Deal Structures Minority Ariel Luedi Key Investment Criteria Product market fit, team, technology Founder • www.linkedin.com/in/arielluedi Email: [email protected] Website www.hammerteam.com Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 64

Hearst Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices New York, London, Tel Aviv and Beijing 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. Active Markets U.S., Europe, Israel and China 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 Founded 1995 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 Employees 10 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. Current Fund Size Evergreen Use of Debt No SELECTED PORTFOLIO COMPANIES World's first connected car services platform Marketplace for professional drone services AUM N/A Target Investment Size $2m - $10m Ride-sharing service and software platform AI-driven valuations for Comercial Real Estate Target Geographies U.S., Europe, Israel and China A platform that monitor’s the world’s media LAIX AI-powered English language learning app for business (Liulishuo) Mobility, Workplace 2.0, Human-Computer Target Sectors Interaction, Consumer Subscription, Marketplaces, CRE Tech Full Portfolio • www.hearst.com/ventures Investment Style Active KEY CONTACTS Deal Structures Lead/Co-lead/Follow-on Megumi Ikeda Key Investment Criteria Series A and later MD Europe, Hearst Ventures • www.hearst.com/about/bios/megumi-ikeda Email: [email protected] Website www.hearst.com/ventures Gil Canaani [email protected] GM Israel, Hearst Ventures • www.hearst.com/about/bios/gil-canaani Contact Email [email protected] Email: [email protected] Contact Phone - INVESTOR BOOK 65

High-Tech Gründerfonds KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Bonn / Berlin 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 Active Markets Europe, with a focus on Germany sciences andchemicals. 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. Founded 2005 Todate, 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 KfWBanking Group, and Fraunhofer-Gesellschaft e.V., as well as 31 Investors from the German economy. Employees 66 (of which 66 in Europe) Current Fund Size €316m SELECTED PORTFOLIO COMPANIES Use of Debt No 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 AUM N/A 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 Target Investment Size €1m (Seedround) up to €3m 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. Target Geographies Germany 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 Target Sectors Hardware, Software, Life Science which successfully go public in May 2018. • Full Portfolio • HTGF Portfoliomatrix Investment Style Active KEY CONTACTS Deal Structures Minority Dr. Alex von Frankenberg • Dr. Alex von Frankenberg became Managing Director of High-Tech Gründerfonds in 2005. Prior to this, he was responsible for spin-offs from Key Investment Criteria Seed Funding Managing Partner Siemens Corporate Technology in his role as Venture Manager at the Siemens Technology Accelerator (STA). [email protected] • Companies: eGym, locr, Outfittery Website www.htgf.de/en/ Dr. Michael Brandkamp • Dr Michael Brandkamp has been with High-Tech Gründerfonds right from Contact Email [email protected] the very beginning and drafted a significant part of the business plan that Managing Partner today still forms the basis of HTGF. He regards establishing HTGF as an [email protected] entrepreneurial challenge and at the same time a great privilege. Contact Phone +49 228 823 00 100 • Companies: Transinsight, AlsterScience, ImmunService INVESTOR BOOK 66

HV Holtzbrinck Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich, Berlin HVHoltzbrinck 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. Active Markets Europe 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 Founded 2000 by us have invested in over 160 companies, including great successes like Zalando, Delivery Hero, HelloFresh, Flixbus, SumUp, Scalable Capital, and many others. Employees 22 (of which 22 in Europe) Asreliable 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 Current Fund Size €306m one of the most successfulEuropean venture investors. SELECTED PORTFOLIO COMPANIES Use of Debt N/A zalando - Europe’s largest online fashion company AUM > €1bn Target Investment Size €100k - €40m Flixbus - Fastest growing European long-distance bus operator Target Geographies Mainly Europe Scalable Capital - Fully licensed automated robo-advisor for private wealth management Target Sectors Digital Companies Full Portfolio • www.hvventures.com/portfolio Investment Style Active KEY CONTACTS KEY CONTACTS Deal Structures Minority David Kuczek Christoph Jung Rainer Maerkle Martin Weber Key Investment Criteria Market size, proposition, relevance General Partner General Partner General Partner General Partner david.kuczek christoph.jung rainer.maerkle martin.weber @hvventures.com @hvventures.com @hvventures.com @ hvventures.com Website www.hvventures.com Christian Saller Jan Miczaika Barbod Namini Jasper Masemann Contact Email [email protected] General Partner Partner Partner Principal christian.saller jan.miczaika barbod.namini jasper.masemann @hvventures.com @hvventures.com @hvventures.com @hvventures.com Contact Phone N/A INVESTOR BOOK 67

i5invest KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Vienna i5invest is an international tech investor and business accelerator. Wesupport start-ups and founders in industries we are very experienced in with: Active Markets Austria, Germany, Switzerland - Seed Capital: Wehelp you right from the start, and like being the first investors in your company - Advisory & Supervisory Roles: Wehelp seed stage companies become the next big thing Founded 2007 Wehavecompleted +100international transactions & exits and operate out of our Vienna and Palo Alto offices. Employees 11 - 25 (of which 25 in Europe) Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a Full Portfolio • www.i5invest.com/deals/ Target Investment Size €500k - €1m Target Geographies Austria, Germany, Switzerland, UK E-Commerce Technology, Marketplaces, Media, Communications, EdTech, Travel Target Sectors & Transportation, Gaming, Gambling, Health, Marketing, Analytics, Digital Services, Hardware Investment Style Active KEY CONTACTS Henry Morley • Henry is Director at i5invest with a background in Corporate Strategy / Deal Structures Flexible Director Finance and brings strong connections to the London tech scene and financial services industry Email: [email protected] Key Investment Criteria Scalable software with a B2B focus and a world class team Sotero Rodriguez Senior Associate • Business Development and M&A Advisor for i5invest, focused on deep tech Website www.i5invest.com companies using computer vision & AR/VR technologies Email: [email protected] Contact Email [email protected] Simona Huebl • Simona is Director at i5growth and part of the early stage board at i5invest Early Stage Board with a focus on driving international growth of high potential European tech Contact Phone n/a companies Email: [email protected] INVESTOR BOOK 68

IBB Beteiligungsgesellschaft KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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, Active Markets 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 Founded 1997 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. Employees 17 (of which 17 in Europe) Current Fund Size €100m SELECTED PORTFOLIO COMPANIES Use of Debt No Since 2007, Babbel has made learning languages fun, easy and accessible to everyone. The market-leading app Logo consists of high-quality courses available for iOS, Android and on the desktop. Babbel helps self-directed learners to AUM €252m discover a new language, and motivates them to keep learning: the average customer continues with the app for more than 12 months. Thermondo is a manufacturer-independent one-stop-shop for comparing and changing residential heating systems. Target Investment Size €500k – €1.5m Logo 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. Target Geographies Berlin Outfittery (www.outfittery.de) is a new e-commerce concept for men who appreciate personal consultancy and stylish Logo clothes, without having to leave home. After registering, filling in a preferences profile and having a phone call with a ICT, Life Science, Industrial Tech., personal style expert, the customer receives an individual, handpicked selection of clothes packed in an outfit box. Target Sectors Creative Industries Full Portfolio www.ibb-bet.de/en/portfolio.html Investment Style Active KEY CONTACTS Deal Structures Minority Marco Zeller • Mr. Zeller is managing director of IBB Beteiligungsgesellschaft and of venture highly scalable innovative technologies Photo CEO capital fonds of IBB. He is also member of supervisory and advisory boards of Key Investment Criteria and business models several Berlin based technology companies. Email: [email protected] • Companies: Babbel, Outfittery, Thermondo, Blinkist Website www.ibb-bet.de Roger Bendisch • Mr. Bendisch is managing director of IBB Beteiligungsgesellschaft and of Contact Email [email protected] Photo CEO venture capital fonds of IBB. He is also member of supervisory and advisory boards of several Berlin based technology companies. Email: [email protected] • Companies: Omeicos, Remerge, realbest, Dalia Research Contact Phone +49 30 2125 3201 INVESTOR BOOK 69

Idinvest Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Frankfurt, Shanghai 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). Active Markets Europe, US, Asia, Israel 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. Founded 1997 Amongst our strategic investors are EDF, PSA, SNCF, Total, Orange, Air Liquide, Michelin, Hager, Singapore Power et al.. Portfolio companies Employees >100 include e.g.: Actility, Campanda, Enlighted, Firstfuel, Forsee Power, Habx, Neurala, Off-grid Electric, Ontruck, Organica, Sunfire, Sunrun, TrustInSoft, etc.. Current Fund Size Approx. €300m (Idinvest Smart City Fund) SELECTED PORTFOLIO COMPANIES Use of Debt No End-to-end Internet of Things (IoT) and Machine to Machine (M2M) Services platform that enable mass scale AUM >€8bn, thereof approx. €2,4 bn in VC deployments, notably in smart grids/ energy management. Target Investment Size Approx. €1m - €15m in VC investments 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. Target Geographies Europe, US, Asia, Israel The TrustInSoft Analyzer is an advanced static source code analyzer that performs comprehensive mathematical analyses of software to find and resolve source code flaws. Energy, Travel & Transportation, Real Target Sectors Estate, Financial Services, Analytics, Full Portfolio • www.idinvest.com/en/portfolio/tous-portefeuille Digital Services Investment Style Active KEY CONTACTS Tim Jungblut • Tim joined Idinvest Partners in 2013 as Venture Partner. Specializing in Deal Structures Minority, Flexible, Lead German-speaking markets, Tim draws on more than 20 years' international Venture Partner experience in B2B business at industrial corporations, financial institutions People, performance, business model, and venture capital funds. His primary focus is on high-growth areas like Key Investment Criteria technology, etc. Email: [email protected] sustainable energy, new mobility, innovative real estate and digital technologies Website www.idinvest.com/en Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 70

InMotion Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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. Active Markets Worldwide Founded 2016 Employees 10 (of which 10 in Europe) Current Fund Size $100m SELECTED PORTFOLIO COMPANIES Use of Debt No The fastest-growing rideshare company in the US, available in more than 350 cities. Reconnecting people and AUM n/a communities through better transportation Deploying self-driving cars in amazing communities. Voyage is building a world where anyone, anywhere can Target Investment Size $100k – €5m summon a car directly to their doorstep and travel safely to their destination. Target Geographies Worldwide 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. Target Sectors Mobility, transportation and travel Full Portfolio • www.inmotionventures.com/portfolio/ Investment Style Active – Dependent on company stage KEY CONTACTS Deal Structures Minority James Nettleton Principal • With InMotion Ventures since 2016, previously Director at U+I Key Investment Criteria Sector relevance, future impact, size of • Companies:Wluper, Zeelo, By Miles, Voyage and FATMAP. opportunity Email: [email protected] Website www.inmotionventures.com Sebastian Peck Contact Email [email protected] Managing Director Email: [email protected] Contact Phone n/a INVESTOR BOOK 71

Innogy Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, Essen 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. Active Markets Europe, Israel, North America Portfolio companies are supported with comprehensive market knowledge, assistance in business development and links to the widespread innogy Founded 2016 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 Employees 10 (of which all in Europe) (2017), more than 42,000 employees and activities in 16 countries across Europe. Current Fund Size €130m SELECTED PORTFOLIO COMPANIES Use of Debt No Akselos is the creator of the world’s most advanced digital twin technology to protect critical infrastructure solutions AUM €130m BigchainDB starts with a big data distributed database and then adds blockchain characteristics Target Investment Size €1m - €5m Central platform for energy producers and consumers, combining energy management and monitoring Target Geographies Europe, Israel, North America MOJIO is an open platform that enables users to connect their cars with other people, places, and things via New Energy, Smart City & Mobility, IoT, smartphone apps Target Sectors Cyber Security Full Portfolio • www.innogy.ventures/#portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Matthias Engel Veronique Hördemann Felix Krause Key Investment Criteria software-based, data-driven, utility of the Managing Partner Investment Partner Investment Partner future business models matthias.engel @ veronique.hoerdemann @ felix.krause @ innogy.com innogy.com innogy.com Website www.innogy.ventures Thomas Labryga Thomas W. Thomas Mischa Wetzel Contact Email [email protected] Investment Partner Managing Partner Investment Partner thomas.labryga @ thomas.thomas @ mischa.wetzel @ Contact Phone +49 30 12084945 innogy.com innogy.com innogy.com INVESTOR BOOK 72

Inovo.vc KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Warsaw 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. Active Markets Poland Founded 2010 Employees 4 – 10 (of which all in Europe) Current Fund Size €7m Use of Debt No SELECTED PORTFOLIO COMPANIES Booksy – a SaaS tool that allows the customers to book a health & beauty-related service through an application. It AUM n/a 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 Target Investment Size €250k - €1m 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 Target Geographies Poland 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 E-Commerce Technology, Marketplaces, on a sector and brands. The users are also able to generate comparative analyses of the basic data on the Target Sectors Gaming, Analytics, Digital Services monitored brands. Investment Style Active Full Portfolio • www.inovo.vc/en/portfolio/ Deal Structures Flexible KEY CONTACTS We support entrepreneurs who know that sales are the most important step on the Tomasz Swieboda • Involved with the Inovo.vc fund since March 2014; the CEO of Inovo since Key Investment Criteria road to success. We invest in companies Managing Partner November 2014. He worked with major M&A transactions at Rothschild and that generate revenue. We choose as an analyst for Penta Investments in transactions involving Empik & Media companies with global, international Email: [email protected] Fashion. Former member of Empik’s Supervisory Board. outlook. Website www.inovo.vc Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 73

Intel Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, London, Tel Aviv, Moscow, Santa Intel Capital invests in innovative startups targeting artificial intelligence, autonomous driving, workload accelerators, 5G connectivity, virtual reality Clara 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 Czech Republic, Finland, France, than 660 portfolio companies have gone public or been acquired. For more information, visit www.intelcapital.com or follow @Intelcapital Active Markets Germany, Israel, Netherlands, Poland, Russia, Sweden, United Kingdom Founded 1991 Employees 51 - 100 (of which 10 in Europe) Current Fund Size n/a Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUM n/a The company develops eighteen rotor electrically driven helicopters. Target Investment Size €1m - €20m Full Portfolio • www.intelcapital.com/portfolio/ Target Geographies Finland, France, Germany, Israel, Russia, United Kingdom E-Commerce Technology, Target Sectors Communications, Financial Technology, Health, Analytics, Digital Services, Hardware Investment Style Active KEY CONTACTS Deal Structures Minority, Lead, Other Chiara Sommer • Chiara Sommer is Investment Director of Intel Capital EMEA based in Berlin. Technologies & products; Market Photo Investment Director She identifies, evaluates, and leads strategic transactions in Central, Eastern Key Investment Criteria potentials; IP; Strategic alignment with and Northern European. Her investment focus includes Blockchain, IOT, Intel Email: [email protected] Robotics, Big Data, Mobility and AI. Website www.intelcapital.com Contact Email n/a Contact Phone +49 16093991 INVESTOR BOOK 74

Iris Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Berlin 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 Active Markets Austria, France, Germany, Israel corporate sponsors, Iris Capital provides active support to its portfolio companies, through its presence in Paris, Berlin, San Francisco, Tel Aviv, Tokyoand Dubai. Founded 1986 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, Employees 11 - 25 (of which 12 in Europe) HappyCar, Kyriba, Open-Xchange, Mojio, Mopub, Netatmo, ReBuy, Scality, Searchmetrics, Shift Technology, Studitemps, Talend and Unu Motors. For more information, visit www.iriscapital.com Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM €700m A mobile marketing, leveraging a geolocation technology Target Investment Size €500k - €20m Jedox is a business intelligence and corporate performance management solutions provider Target Geographies Austria, France, Germany, Israel Target Sectors Marketplaces, Media, FinTech, Marketing, MOJIO is an open platform that enables users to connect their cars with other people, places, and things via Digital Services smartphone apps Investment Style Active Full Portfolio • www.iriscapital.com/en/discover-our-investments Deal Structures Minority Fast growing companies that are KEY CONTACTS reshaping entire industries: from Industry Thorben Rothe Key Investment Criteria 4.0, IoT, Cybersecurity and 5G networks to AI, Big Data, Cloud Computing and Principle • Thorben is running Iris Capital's early-stage investment activities in the Software Design German speaking countries Website www.iriscapital.com Email: [email protected] Contact Email [email protected] Erkan Kilicaslan • Erkan is mainly responsible for late stage and growth capital investments Managing Partner across Europe, notably in the German speaking countries and Benelux, with a Contact Phone n/a strong expertise in digital media, communications and IT Email: [email protected] INVESTOR BOOK 75

ISAI GESTION KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, New York 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 Active Markets Europe – US write great entrepreneurial stories. ISAI invests in differentiated projects founded by ambitious teams that it rigorously selects and actively supports. ISAI means "different & Founded 2010 remarkable" in Japanese. ISAI likes digital business models with a progressive capital intensity: marketplaces, adtech/martech, SaaS/big data/AI... Employees 16 (of which 15 in Europe) 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). Current Fund Size €75m & €150m ISAI Gestion is based in Paris and New-York. Use of Debt No SELECTED PORTFOLIO COMPANIES Connecting people who need to travel with drivers who have empty seats AUM €300m 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. Target Investment Size €150k - €15m 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. Target Geographies Europe - US Personalized Beauty as a Platform Prose is the first personalized haircare, powered by hair stylists. A true co-creation where client needs, stylist Marketplaces, expertise, and the highest quality ingredients come together to create a very personal haircare, freshly made in Target Sectors SaaS/big data/AI... NYC. • VENTURE PORTFOLIO : www.isai.fr/en/venture/venture-portfolio/ Investment Style Active Full Portfolio • SEED CLUB & INTERNATIONAL PORTFOLIO : www.isai.fr/en/venture/seed-club-international-portfolio • GROWTH/LBO PORTFOLIO : www.isai.fr/en/growth-lbo/portfolio/ Deal Structures Equity (minority) KEY CONTACTS CHRISTOPHE RAYNAUD Graduated from HEC business school in 1998 and HBS Differentiated projects founded by Christophe started his career after at ChateauOnLine (Wine e-commerce startup). He left Key Investment Criteria ambitious teams, digital business models Cofounder & Managing ChateauOnLine to become an entrepreneur. He started a couple of companies : NetBoussole and with a progressive capital intensity Partner 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 Website www.isai.fr/en [email protected] 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. Contact Email [email protected] Graduated from ESTP and HEC THIERRY VANDEWALLE Beinganentrepreneur sincethebeginning of his career, Thierry was the founding manager of Wcube, a Venture Partner Europe digital marketing agency that he sold in 2007 to Publicis. Following the merger he became managing Contact Phone +33 (0)1.55.37.70.90 director of Publcis Modem in Asia (Singapore and Shanghai). He is also an active and recognised [email protected] business angel (Drivy, Atelier Cologne, Videdressing, Ad4screen, PlayTMN,...). INVESTOR BOOK 76

Kizoo Technology Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Karlsruhe 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. Active Markets Germany Early Stage Financing Founded 2008 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 [email protected]. Employees 4 - 10 (of which all in Europe) Current Fund Size €15m SELECTED PORTFOLIO COMPANIES Use of Debt No Babbel is the world’s first language learning app-A leader in the online language learning industry AUM €200m Target Investment Size €500k - €1m Mambu enables banking institutions to rapidly create, launch and service loan and deposit products through its agile cloud banking platform Target Geographies Germany, Austria, Switzerland Staffbase - It supports industry leaders with their own branded app to engage their diverse, disconnected and dis- tributed workforce Target Sectors EdTech, Health, Digital Services, Financial Services Full Portfolio • www.kizoo.com Investment Style Active KEY CONTACTS Deal Structures Minority, Flexible, Joint Control • Matthias is CFO of Kizoo. He has been part of the senior management team Matthias Hornberger since the IPO of the AG in 2000. With his long-standing experience in the Committed entrepreneurial teams, clear investment sector and his comprehensive knowledge of typical features of Key Investment Criteria focus to build high growth products, CEO successful business models on the Internet, he is a competent reference technical expertise product person for young founders. Matthias has extensive contacts in the high-tech industry and numerous local and national networks Website www.kizoo.com Contact Email [email protected] Contact Phone +49 721 51600 INVESTOR BOOK 77

Lakestar INVESTORDESCRIPTION KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Berlin, Zurich Lakestar makes early and growth stage investments in technology-enabled businesses predominantly in Europe and the United Statesdriven by exceptional entrepreneurs. Weenjoy investing with aspecific focus on business models that can achieve global scalequickly. Active Markets US, Europe, Asia 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. Founded 2012 TheLakestar team is on the ground in Zurich, Berlin, andLondon. Employees 25 Current Fund Size $400m SELECTED PORTFOLIOCOMPANIES Use of Debt Yes SELECTED PORTFOLIO COMPANIES Spotify is a commercial music streaming, podcast, and video service that provides digital rights management–pro- AUM $550m tected content from record labels andmedia companies Target Investment Size Early Stage: €1m - €10m OscarisaNew York based technology-driven healthcare serviceand insurance provider for UScitizens. It has been Late Stage: >€10m created as areaction to changes inthe UShealthcare environment, commonly known as the “Obamacare” program Target Geographies US, Europe, Asia Harry’s business model isto design and producehigh-quality razors andshavingequipment and sell them at acom- petitive price point despite high-quality design Target Sectors Internet and mobile technology enabled businesses Full Portfolio • www.lakestar.com Investment Style Active KEYCONTACTS KEY CONTACTS Deal Structures Minority Shareholder Klaus Hommels DharmashMistry Manu Gupta Outstanding Team / Entrepreneurs, Founder Partner Partner Key Investment Criteria global scale Website www.lakestar.com Stephen Nundy Christoph Schuh Ninja Struyede Swielande Contact Email N/A Partner Partner Chief Communication Officer Contact Phone N/A INVESTOR BOOK 78

LeadXCapital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich, Düsseldorf, Paris, Berlin 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. Weinvest in pioneering products and services, like: • PLATFORMS:Sector specific platforms/ drive efficiency gains Active Markets Europe • PROCESSES:Valuechainoptimisation/ significant cost reduction • TECHNOLOGY: Cutting edge digital solutions/ payment centric solutions Founded 2015 WELOOKFOR • companies that have the potential to become category leaders in their sectors Employees 10 (of which all in Europe) • proven business models with demonstrable traction and fast growth rates at investment • businesses that can scale in a capital efficient manner Current Fund Size n/a • focus on the European market WEFOCUSON Use of Debt No • 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 AUM n/a • 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 Target Investment Size €100k - €250k (HoReCa Innovation) • European based business growing internationally as well as non-European business looking to expand into Europe €1m - €40m (HoReCa Investments) Target Geographies Europe SELECTED PORTFOLIO COMPANIES • We have ca. 50+ companies in the portfolio covering different segments of the value chain for food, retail and Target Sectors Hospitalitytech, Hoteltech, Foodtech, Full Portfolio hospitality technologies. In particular: Orderbird, Shore, Yoyo Wallet, Planday, smunch, Lunchio, Impala, Gastrotech and Retailtech Zenchef • Please see www.leadxcapital.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority & Majority Sabine Flechet • Sabine is an experienced professional with background in strategy consulting, Digital transofmration in the target sectors; Director Innovation Fund private equity and investment banking, targeting investment opportunities in Key Investment Criteria disruptive, scalable, fast growing growth stage companies in Europe businesses with traction in Europe Email: [email protected] Website www.leadxcapital.com Contact Email [email protected] Contact Phone +49 151 15116889 INVESTOR BOOK 79

Levensohn Venture Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices San Francisco 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. Active Markets n/a 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 Founded 1996 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 Employees 5 - 10 (of which 0 in Europe) Strategic Advisor, overseeing a wide range of direct investments ranging from the wine industry to biotechnology. LVPis nolonger making new investments but continues to actively support its existing companies. Current Fund Size $200m SELECTED PORTFOLIO COMPANIES Use of Debt No Akros Silicon is a fabless semiconductor company developing power management ICs that facilitate remote AUM $200m network-based energy management. ShotSpotter, a public company, pioneers in gunfire detection and location technology and is used by more than 90 Target Investment Size n/a cities. Target Geographies n/a Full Portfolio • www.levp.com/news/portfolio/ Target Sectors n/a Investment Style Active KEY CONTACTS Deal Structures n/a Pascal Levensohn • Pascal is the founder Levensohn Venture Partners (LVP) and the CEO of Generation Strategic Advisors LLC (GSA); he has held both positions since Key Investment Criteria n/a Managing Partner 1996. Pascal joined Dolby Family Ventures, L.P. as a Managing Director in 2014 after advising the Dolby family on its direct technology investment Email: [email protected] portfolio since 2012. Website www.levp.com Contact Email n/a Contact Phone +1 415 4491005 INVESTOR BOOK 80

Maersk Growth KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Copenhagen Growth is Maersk’s launchpad for new ventures. Weare an active investor who build, partner with and invest in early-stage ventures with the potential of creating exponential growth within Active Markets Europe, U.S. transport & logistics and defining the future of trade. Weconnect startups and ideas with operational expertise and world-class infrastructure through the Maersk offices and 80.000+ employees all over the world.. Founded 2017 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. Employees 18 (of which 18 in Europe) Current Fund Size $100m Use of Debt Yes we have but will we going forward? SELECTED PORTFOLIO COMPANIES Telesense is a B2B company offering IoT solution with automated monitoring & alerts to alleviate grain loss and AUM $100m optimize time of sale versus market pricing Target Investment Size $500k - $5m 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 Target Geographies Europe, U.S. 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 Target Sectors Transport & Logistics, AgriTech Investment Style Active Full Portfolio N/A – We have not created one yet Deal Structures Majority, minority, etc. KEY CONTACTS Jeppe Høier Key Investment Criteria n/a Partner Jeppe has more than 10 years of experience for the VC industry from Sunstone Capital in Copenhagen. Website www.growth.maersk.com Email: [email protected] Contact Email [email protected] Emelie Stark Emelie has a background in investment and financial market ananalysis from Senior Analyst previous roles with Bloomberg Intelligence, Blond Capital and most recently Honos Capital as a Financial and Venture Analyst Contact Phone +45 23 72 60 25 Email: [email protected] Emelie holds a Masters degree in Finance from Trinity College Dublin INVESTOR BOOK 81

Mangrove Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Luxembourg, Barcelona, Berlin, Tel Aviv 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 Active Markets Europe, Israel, US, India 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 Founded 2000 emphasis on business models and technologies that leverage the internet to address pervasive business or consumer problems. Employees 13 SELECTED PORTFOLIO COMPANIES Current Fund Size €200m Wix. world leading website creation platform. IPO in 2013. Use of Debt No Walkme. pioneer of a digital adoption platform to simplify the online experience through user insights, engagement and guidance. AUM €800m Kang, the personal health assistant. Using big data and AI, Kang is taking diagnosis to a new, more accurate level Target Investment for patients and doctors. Size €500k - €15m Target RedPoints, the Smart Solution for Brand Protection. Geographies Europe, Israel Advanced algorithms detect, monitor and remove piracy and counterfeits. Target Sectors Software and Internet KEY CONTACTS Investment Style Active Hans-Jürgen Schmitz • Mangrove Co-Founder Photo Managing Partner • 18 years of VC investing Deal Structures Minority Email: [email protected] • Current Portfolio: Helpling, Outfittery, Storeking, Travelnest Category defining technologies, Mark Tluszcz • Mangrove Co-Founder Key Investment Disruptive product or service, Photo Managing Partner • 18 years of VC investing Criteria Exceptional and ambitious founders Seed and Early Stage Email: [email protected] • Current Portfolio: FreedomPop, JobToday, Kang, Tailorbrands, Wix Website www.mangrove.vc Nikolas Krawinkel • Berlin representative Principal • 3 years of VC investing and former entrepreneur Contact Email [email protected] Email: [email protected] • Current Portfolio: Badiapp, Adverity Contact Phone (+352) 26 25 34 1 INVESTOR BOOK 82

Mountain Alliance KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich (Germany) 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 Active Markets Germany, Austria, Switzerland today, we hold portfolio companies in three segments: • Meta Platforms • Value Added E-Commerce Founded 2010 • Digital Business Services Through its listing MA enables its shareholders a simple access to a diversified portfolio of growth-stage digital assets. Employees 5 (of which 5 in Europe) Current Fund Size N/A SELECTED PORTFOLIO COMPANIES Use of Debt Flexible Volders acts as digital contract manager and broker for insurance contracts and most other consumer contracts. AUM N/A AlphaPet digitalizes the market pet supplies through several e-commerce platforms and is the largest independent Target Investment Size €100k - €1m online provider of premium pet supplies in Germany. Target Geographies Europe Promipool is the second largest independent online people-medium in Germany. Target Sectors Adtech, Edutech, Fintech Full Portfolio • www.mountain-alliance.de/portfolio Investment Style Active KEY CONTACTS Deal Structures Flexible Daniel Wild • CEO of Mountain Alliance AG and Mountain Partners AG (Switzerland) Key Investment Criteria Team, Market, Technology CEO • Serial entrepreneur and digital investor. • Founder of getmobile AG (IPO) and early investor in XING, Trivago & many Email: [email protected] more Website www.mountain-alliance.de Contact Email [email protected] Manfred Danner • COO of Mountain Alliance AG COO • Formerly Director of Investment Management of renowned listed international Contact Phone N/A Email: [email protected] FMCG company. INVESTOR BOOK 83

Munich Venture Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich HQ 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, Active Markets Europe & North America 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). Founded 2005 Employees 10 (of which 10 in Europe) Current Fund Size €130m Use of Debt No SELECTED PORTFOLIO COMPANIES relayr is a rapidly-growing IoT company providing enterprise middleware and IoT solutions (e.g. Equipment as a AUM €190m Service) for the digital transformation of industries. As a thought leader in enterprise IoT, relayr enables interoperability through industrial grade platforms. Target Investment Size €1m - €5m initial investments sonnen is worldwide market leader for residential battery storage and operator of the largest energy sharing €1m - €15m follow-on investments 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. Target Geographies Europe & selectively North America 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 Transformative Technologies: Cleantech, customized ophthalmic products for VR & AR glasses. Target Sectors IoT, Mobility, Energy, Advanced Materials, AI, and Robotics Full Portfolio • www.munichvp.com/portfolio.html Investment Style Active & Passive KEY CONTACTS Deal Structures Joint control & Minority Dr. Martin Kröner Scalability; Team Fit; Managing Director • MVP; Linde Group; agnion; thermotec Key Investment Criteria Transformative Technologies incl. 2nd • Investment Manager for sonnen, Luxexcel, Electrochaea, Kebony, and COBI Story Email: [email protected] Website munichvp.com Daniel Vukovic Investment Associate • MVP; Horvath & Partners; Reichmuth & Co; Siemens Contact Email [email protected] • Investment Associate for Electrochaea and Prolupin Email: [email protected] Contact Phone +49 89 200012329 INVESTOR BOOK 84

Next Media Accelerator KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 1 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. Active Markets Europe, Israel Founded 2015 Employees 7 Current Fund Size €8m SELECTED PORTFOLIO COMPANIES Use of Debt No Spectrm Is the easiest way to create powerful chatbots people love. AUM n/a Target Investment Size €50k Video-livestreaming your event in flawless quality to multiple platforms like Facebook, Youtube, website, etc. Target Geographies Europe, Israel AdTriba allows advertisers to track, control and optimize their marketing activities across all digital marketing channels. Target Sectors Media, Publisher, Ad-Tech Full Portfolio • www.nma.vc/portfolio Investment Style active KEY CONTACTS Deal Structures n/a Nico Lumma Key Investment Criteria Great team Managing Partner [email protected] Website www.nma.vc Sabela Garcia Contact Email [email protected] Program Manager [email protected] Contact Phone n/a INVESTOR BOOK 85

Northzone KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Stockholm, Oslo 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, acrossEurope and the US EastCoast. Active Markets Western Europe, Nordics Founded 1996 Employees 11-25 (of which 20 in Europe) Current Fund Size €350m SELECTED PORTFOLIO COMPANIES Use of Debt No Spotify is a digital music service that gives you access to millions of songs AUM €1bn Target Investment Size €2m - €15m The UK’s leading peer-to-peer lender, now building a next-generation bank. Target Geographies Western Europe,Nordics Helping companies harness the power of reviews, andenabling customers to buy with confidence. Target Sectors Technology, Technology-enabled services Full Portfolio • Northzone.com/investments Investment Style Active KEY CONTACTS Deal Structures Minority Michiel Kotting • Michiel is a Partner at Northzone based in London. He was previously at Photo Accel, and also founded an AI company in Silicon Valley. Originally from Key Investment Criteria N/A Partner the Netherlands, he holds a degree in physics from Delft University and an Email: [email protected] MBAfrom Harvard • Companies: Personio, Catawiki, FreightHub, Aidence, Kahoot Website www.northzone.com Christoffer Norman • Christoffer joined Northzone in 2017,based in Stockholm. Before this, he was Contact Email [email protected] Photo Investment Manager COO of Avito, the Russian classifieds company which sold to Naspers in 2015 at a $2.7bn valuation. Prior to this, hewas at McKinsey. Christoffer holds a Email: [email protected] degree from Stockholm School of Economics. Contact Phone N/A INVESTOR BOOK 86

NWZ Digital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Oldenburg Venture Capital and Private Equity for Digital Winners NWZDigital is the corporate venture arm of NWZ Media Group. Weview ourselves primarily as strategic investors. Every day we are driven by three Active Markets Media, Digital Media & Publishing Tech 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. Founded 2010 Employees 4 (of which all in Europe) Current Fund Size N/A SELECTED PORTFOLIO COMPANIES Use of Debt No Logo • FINANZCHECK.de is the independent online comparison site for personal loans and private financial products. AUM N/A Target Investment Size €1m - €7m+ Logo • Meetrics provides real-time data on ad impressions across all delivery channels, for Viewability, Ad Fraud, Brand Safety and Audience Matching. Target Geographies Germany Logo • Nebenan.de offers neighbors a useful and secure platform for building and maintaining neighborly relations. Target Sectors Digital Media, Classifieds, Content, Platforms, eCommerce, AdTech Full Portfolio • www.nwzonline.de/intern/nwz-digital/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority, Flexible Marc Del Din Digital media-related business model, Photo Managing Partner Key Investment Criteria exceptional and ambitious team, proven traction, defendable assets, series A+ [email protected] Website www.nwz-digital.de Dr. Christian Horneber Contact Email [email protected] Photo Sn. Investment Manager [email protected] Contact Phone +49 441 9988 9621 INVESTOR BOOK 87

OneRagtime KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Barcelona, London 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 Active Markets Europe and US 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 Founded 2016 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! Employees 20+ (of which all in Europe) OneRagtime in figures: 2 years, 500+ investors, 13 start-ups backed, 1 exit. Current Fund Size Crowdequity platform - €30 million backed since inception Use of Debt No SELECTED PORTFOLIO COMPANIES +Simple – the robot-broker and leading business insurance distribution platform for professionals, SMEs and sole AUM n/a 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), Target Investment Size €500k - €2m+ 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” Europe and Israel or “off” with one click. 2 million downloads to date with 1 billion SMS messages sent via the app. Target Geographies European founders abroad Jellysmack – video creator, curator and publisher, delivers content on social media built on four verticals: football, B2C & B2B2C across Content and gaming, beauty and innovation. 170 million engaged users viewed over 20 billion minutes of video in 2018, sharing, Entertainment, Gaming, Fintech, liking and commenting over 2000 times a minute. Target Sectors Insurtech, Communication, Mobility, IoT and more Full Portfolio • www.oneragtime.com/portfolio Investment Style Active KEY CONTACTS Deal Structures Minority Stéphanie Hospital is the CEO and Founder of OneRagtime. Prior to this, she was Stéphanie Hospital the Executive VP of Orange Digital, the Digital & New Growth Business Unit. She has an extensive international and management background in the digital sector Key Investment Criteria Amazing teams, deep tech, disruptive and Founder & CEO with a proven track record in setting up and growing new ventures, investing, innovative technology building best-in-class teams and forming international partnerships. Stéphanie was Email: [email protected] an Executive Director at Dailymotion until June 2015 as well as Vice Chairman for Website www.oneragtime.com IAB Europe. Jean-Marie Messier is the Co-founder of OneRagtime. He began his career as Jean-Marie Messier deputy chief of staff to the Minister of Economy from 1986-1988, in charge of one of Contact Email [email protected] the first ever privatizations in France. In 1994, he joined the French conglomerate Co-founder Générale des Eaux as CEO, transforming it and becoming CEO of Vivendi Universal until 2002. By creating Messier Partners in 2003, later becoming Messier Contact Phone +33 6 75 65 25 55 Email: [email protected] Maris & associates, he founded a successful investment bank operating from Paris, London and New York. INVESTOR BOOK 88

P101 KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Milan 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 Active Markets France, Germany, Italy, Netherlands, Spain, UK Founded 2013 Employees 4 - 10 (of which 10 in Europe) Current Fund Size €100m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM €130m BeMyEye is a European crowdsourced in-store data as a service (DAAS) provider Target Investment Size €1m - €7m Cortilia is the leading fresh food online retailer in Italy, offering the best products from local and other excellent producers Target Geographies France, Germany, Italy, Netherlands, Spain, UK BorsadelCredito.it is a online SME lending marketlpace E-Commerce Technology, Marketplaces, Target Sectors Media, EdTech, Travel & Transportation, FinTech, Financial Services, Analytics, Full Portfolio • www.p101.it/en/portfolio/ Digital Services Investment Style Active KEY CONTACTS Deal Structures Minority Giuseppe Donvito Partner • Technology investor Key Investment Criteria Minimum monthly revenues run rate €60k Email: [email protected] Website www.p101.it/en/ Contact Email [email protected] Contact Phone +393 4406182 INVESTOR BOOK 89

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

Piton Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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, Active Markets Worldwide Watchfinder, BullionVault, Watchfinder, Docplanner and Booksy. Founded 2010 Piton invests from EUR 200k – 20m in network effects businesses across all stages. Employees 6 (of which 6 in Europe) Current Fund Size N/A SELECTED PORTFOLIO COMPANIES Use of Debt No • AUTO1.com is an end-to-end marketplace for used cars AUM N/A Target Investment Size €200k - €20m • FanDuel is the leading daily fantasy sports platform in the US Target Geographies Worldwide • DocPlanner enables patients to find great, local physicians online and book an appointment Target Sectors Any Full Portfolio • www.crunchbase.com/organization/piton-capital Investment Style Active KEY CONTACTS Deal Structures Any • Instrumental investor in QXL Ricardo Photo Andrin Bachmann Partner • Co-founder Glocalnet of (Swedish telco) Key Investment Criteria Online companies with network effects Email: [email protected] • Companies: Auto1, FanDuel, ManoMano, DocPlanner, Videdressing, etc. Website www.pitoncap.com Photo Natasha Ratanshi Contact Email [email protected] Principal • 2+ Years at Piton Capital, Previously M&A at Goldman Sachs Email: [email protected] Contact Phone +44 207 408 0451 INVESTOR BOOK 91

Project A KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin TheBerlin-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 Active Markets n/a support in the areas of Software Engineering, Digital Marketing, Design, Communications, Business Intelligence, Sales and Recruiting. Founded 2011 Theportfolio 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/. Employees 100 SELECTED PORTFOLIO COMPANIES Current Fund Size €140m 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 Use of Debt No 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. AUM €260m 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. Target Investment Size €500k - €5m 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 Target Geographies Europe 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. Target Sectors Digital Technology Full Portfolio www.project-a.com/en/portfolio Investment Style Venture Capital KEY CONTACTS Deal Structures Seed / Series A Thies Sander Thies is a founding partner at Project A. In this role, Thies is a trusted advisor to Founding Partner 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 Key Investment Criteria n/a Email: [email protected] example KRY, Spryker, uberall and Contorion. Dr. Florian Heinemann Florian Heinemann is a founding partner at Project A, where he is responsible Website www.project-a.com for marketing, CRM and business intelligence. Prior to his current role, he was a Founding Partner managing director at Rocket Internet (2007-2012). At Rocket, he was instrumental in building Zalando, Global Fashion Group and eDarling/Affinitas. Contact Email [email protected] Email: [email protected] Florian is serving on the board of companies as for example WorldRemit, Eyeota, Opinary and CrossEngage. Contact Phone +49 30 340606301 INVESTOR BOOK 92

PropTech1 Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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 Active Markets Austria, Germany, Switzerland 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. Founded 2018 Employees 4 – 10 (of which 9 in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Full Portfolio • www.proptech1.ventures AUM n/a Target Investment Size €500k - €2.5m Target Geographies Austria, Germany, Switzerland Target Sectors Real Estate Investment Style Active KEY CONTACTS Deal Structures Majority, Minority, Lead Nikolas Samios • Nikolas Samios is Founding Partner of PropTech1 Ventures & Managing Partner of COOPERATIVA Venture Group. He has participated in >100 Key Investment Criteria PropTech startups that optimize, digitalize, Founding Partner venture transactions on both sides of the table & is author of the VC book and disrupt the real estate industry DEALTERMS.VC that has garnered overwhelmingly positive reviews by the Email: [email protected] startup press. Website www.proptech1.ventures Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 93

ProSiebenSat.1 Accelerator KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Unterföhring, Berlin Weinvest in B2C start-ups offering mass market relevant products or services, established a market proven business model and already gained traction and revenues. Weenable 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. Active Markets Austria, Germany, Switzerland Besides media volume, we also provide our start-ups with growth-related mentoring, office space in Berlin, as well as access to the extensive Founded 2013 network of the ProSiebenSat.1 Group – one of the largest media corporations in Europe. Employees 4 - 10 (of which 5 in Europe) Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a Fascinating company for food & beverage innovations Target Investment Size €500k - €1m Urban sportswear Target Geographies Austria, Germany, Switzerland Metasearch for designer deals and vintage goods Retail, E-Commerce Technology, Target Sectors Marketplaces, Travel & Transportation, FinTech, Financial Services, Health, Full Portfolio • www.p7s1accelerator.com/portfolio/ Digital Services Investment Style Active KEY CONTACTS Deal Structures Minority Jens Pippig • Jens is the Founder and Managing Director. Before that he was leading the Managing Director Group's strategy department. Prior to that, Jens spent eight years at Key Investment Criteria B2C, EUR 0.25m to 2.5m revenue p.a. McKinsey & Company in Berlin and specialized in e-commerce, private Email: [email protected] equity, and retail businesses. He also founded two succesful startups. Website www.p7s1accelerator.com Peter Lauerbach • Peter is responsible for running and developing the ProSiebenSat.1 Investment Manager Accelerator Program. Before Peter joined the Accelerator team, he gained Contact Email [email protected] experience in business consultancy and Startups like recently at OptioPay, as Email: [email protected] well as in several international corporations like BMW and Walt Disney. Contact Phone n/a INVESTOR BOOK 94

QD Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Guernsey, UK 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. Wealso invest in other markets including US and Israel. Active Markets Europe Weare 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 Founded 2015 public; experience in different business aspects, such as strategy, business development, management and operations; fund raising, complex M&AandIPOtransactions. Employees n/a Weare flexible regarding stage and size of investment (starting from A and B rounds to later stage investments in both primaries and secondaries). Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES A leading meal kit provider which supplies fresh pre-portioned ingredients and recipes to its customers through AUM n/a online subscription in US, Europe and Australia. Target Investment Size €1m - €6m+ The first digital facility services company in Europe with a full service and supply solution for businesses Target Geographies Global Target Sectors Software, Internet & Technology enabled B2B and B2C platforms Investment Style Active, Flexible Deal Structures Minority KEY CONTACTS exceptional team; scalable business Olga Zhilinskaya • co-founder of QD Ventures, previously research analyst and senior Key Investment Criteria model transforming sizable market; Co-Founder & General Partner investment banker, closely worked with leading technology companies operational excellence and unit economics including DST (Digital Sky Technologies / Mail.RU), Naspers, Tencent and Email: [email protected] others. Website www.qdventures.com Olesya Zaychenko Contact Email [email protected] Co-Founder & General Partner • co-founder of QD Ventures, previously worked for McKinsey and Sberbank Group, Columbia MBA graduate Contact Phone n/a Email: [email protected] INVESTOR BOOK 95

Redalpine Venture Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Zurich 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 Active Markets n/a successful European high-tech start-up companies, including Xing, SoundCloud and Plazes. The three funds currently in operation have invested in over 40ICT and Health Techcompanies with more than 20exits. Founded 2007 Employees 8 (of which all in Europe) Current Fund Size CHF 150m SELECTED PORTFOLIO COMPANIES Use of Debt No Europe’s Most Modern and Entirely Smartphone-Based Bank AUM CHF 150m Target Investment Size CHF 500k – CHF 3m Zenjob is an automated, data-driven, full-service staffing platform Target Geographies Europe (with focus on Switzerland & Taxfix is a tax software for mobile phones that explains tax issues in understandable words Germany) Target Sectors ICT, Health Tech Full Portfolio • www.redalpine.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority Peter Niederhauser • Serial entrepreneur since 1986, co-founder of Miracle Software, Business Founder, Partner Angel Key Investment Criteria Eartly stage, highly scalable technology / Email: [email protected] • Companies: N26, Juniqe, Trekksoft, Blackbill, Taxfix, Bexio product, convincing founders Michael Sidler • PhD in Life Sciences, Consultant at BCG, Business developer at Prionics, Website www.redalpine.com Founder, Partner CTI- startup coach Email: [email protected] • Companies: Redbiotec, Medmira, Versantis, Lunaphore, Memo Therapeutics, Genialis Contact Email [email protected] Harald Nieder • PhD in Physics, Corporate Risk Advisory at BNP Paribas, FX Structuring at Partner Merrill Lynch, Business Angel Contact Phone +41 442711530 Email: [email protected] • Companies: Jodel, CarThrottle, Home, Zenjob, Morressier, Lemon One INVESTOR BOOK 96

Redline Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Luxembourg 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 Active Markets North America, Europe & Israel Russia’s largest publicly listed investment companies and has been investing in various technology segments for over twenty years. Founded 2014 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, Employees 11 - 25 (of which 7 in Europe) Radio, Security, Microelectronics, Healthcare, Retail, Pharmaceuticals, and Transportation. Current Fund Size $350m SELECTED PORTFOLIO COMPANIES Use of Debt No iwoca offers flexible credit to small businesses across Europe AUM N/A Target Investment Size $5m - $40m Weave Cloud simplifies deployment, monitoring and management for containers and microservices Target Geographies North America, Europe & Israel Touch Surgery offers a mobile app to teach procedures digitally to the global surgical community Target Sectors Enterprise Software, FinTech, AI and Robotics, Life Science Technologies Full Portfolio • www.redline-capital.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority • Benno is a Principal at Redline based in London Benno Jering • He previously worked at two Tech-focused investment banks in London. Prior Key Investment Criteria Team, IP, Growth, Track Record, Principal to that he was with Credit Suisse, where he focused on M&A, Equity and Market Potential Leveraged Finance transactions in the TMT sectors. Benno holds a Business [email protected] degree from Warwick Business School Website www.redline-capital.com • Companies: iwoca, Anodot Contact Email [email protected] Contact Phone +44 207 499 1725 INVESTOR BOOK 97

red-stars.com data KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Vienna, Hamburg Weareanoperative holding company, foussed on software in the spaces of B2B digitalization. Aeras of interest: • IoT Active Markets n/a • EDI • Processes, design and analyses Founded 2000 • Fast Prototyping • Smart Contracts • Social Media Analyses Employees 10 (of which 8 in Europe) • Industrial Platforms • Copliance/Cloud Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Global IoT SIM management solution, integrated billing, cloudbased AUM €200m Target Investment Size > €1m Managed EDI services in the cloud Target Geographies global Ultra fast prototyping, Instant development of business application software Target Sectors B2B Software, IoT, Connectivity, Processes Full Portfolio • www.red-stars.com Investment Style Active KEY CONTACTS Deal Structures whatever works Thomas Streimelweger • CEO & Founder red-stars.com data AG Key Investment Criteria Scalablility, USP in technology CEO • Chairman MAVOCO [email protected] • CEO, Chairman & Founder S&T AG, (IPO 1998, today TecDAX) Website www.red-stars.com • COO red-stars.com data AG Wolfgang Fritz • CIO Tchibo Group Contact Email [email protected] COO • IT Director Eduscho • SAP Key Project Leader Contact Phone +43 6643402678 [email protected] • IT Consultant & Developer INVESTOR BOOK 98

Redstone KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin (HQ), Helsinki, Zurich 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 Active Markets Global 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 Founded 2014 partners have built and advised some of Europe's largest technology companies over the last two decades. Employees 25 Current Fund Size Managing Multiple Funds SELECTED PORTFOLIO COMPANIES 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 Investment Style Active KEY CONTACTS Deal Structures Minority Investments Marcus Schroeder • Director Investment Banking, Merrill Lynch; Global Head of Automotive M&A, Key Investment Criteria Seed – Series B Partner Societe General; Global Head of Industrials and Automotive M&A, Santander Bank; Director Investment Banking, Merrill Lynch [email protected] Website www.redstone.vc Bastian Faulhaber Contact Email [email protected] Investment Manager • Business Development, Rocket Internet Venture; Research Consultant, goetzpartners; Entrepreneur [email protected] Contact Phone +49 30 2759 2650 INVESTOR BOOK 99

RTA Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Warsaw, Berlin 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. Austria, France, Germany, Poland, Spain, 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 Active Markets United Kingdom 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. Founded 2011 RTAventures VC is managed by Piotr Kulesza and Lubomir Jurczak. Employees 1 - 3 (of which all in Europe) Current Fund Size €10m SELECTED PORTFOLIO COMPANIES Use of Debt No Typeform - cloud-based application for users to create and respond to surveys and other types of forms on any AUM €25m device Target Investment Size €100k - €1.5m Docplanner - online healthcare platform enabling patients to find local physicians online and book appointments Target Geographies Europe GoOpti is a long distance dynamic shuttle platform connecting passengers and transportation company between small cities and airports Target Sectors Marketplaces, Health, Digital Services Full Portfolio • www.rtaventures.com/ Investment Style Active KEY CONTACTS Deal Structures Minority, Flexible Piotr Kulesza Key Investment Criteria Working product with great engagement Cofounding Partner • General partner and founder of RTAventures VC Email: [email protected] Website www.rtaventures.com Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 100

RTP Global KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices New York, Moscow • 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 Active Markets United States, Europe, Russia, India multibillion-dollar valuation • RTP Global uses its industry expertise and global reach to help entrepreneurs develop their businesses and achieve leadership. It works alongside Founded 1999 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 Employees 11-25 • RTP Global has offices in Moscow and New York Current Fund Size $750m Use of Debt No SELECTED PORTFOLIO COMPANIES Datadog is a monitoring service that brings together metrics and events from servers, databases, applications, tools AUM $750m and services to present a unified view of the infrastructure Target Investment Size Early stage 1-5M; Later stages 10+M FAASOS is a cloud kitchens operator primarily disrupting how people order and get food delivered on mobile Target Geographies United States, Europe, Russia, India 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 FoodTech, HealthTech, Mobility, AI, B2B Target Sectors Saas, IoT, Entertainment (incl E-sport), • http://ru-net.com/ FinTech, PropTech Full Portfolio • https://rtp.vc/ Investment Style Active KEY CONTACTS Deal Structures Minority Name: Leonid Boguslavsky Photo Title: Founder & CEO • https://www.linkedin.com/in/leonid-boguslavsky-b56696/ Key Investment Criteria Founder-driven, growth potential, meaningful idea, product Email: [email protected] Website http://ru-net.com/ and https://rtp.vc/ Name: Kirill Sheynkman Contact Email [email protected] Photo Title: Co-founder and General Partner • https://www.linkedin.com/in/kirills [email protected] Email: [email protected] Contact Phone +7(495)797-97-63, +1 (646) 568-7206 INVESTOR BOOK 101

Samos Investments KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, UK 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. Active Markets UK Founded 2008 Employees 4 – 10 (of which 4 in Europe) Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a An online stationery store Target Investment Size n/a A customer insight and marketing automation platform Target Geographies Europe Charlotte Tilbury Beauty provides makeup, skin care & beauty collections. Retail, E-Commerce Tech, Marketplaces, Target Sectors Media, Travel & Transportation, FinTech, Gaming, Health, Marketing, Analytics, Full Portfolio • www.samos.vc Digital Services Investment Style Active KEY CONTACTS Deal Structures Flexible Shan Drummond Partner Key Investment Criteria Early stage, high growth business Email: [email protected] Website www.samos.vc June Angelides Contact Email [email protected] Investor Email: [email protected] Contact Phone n/a INVESTOR BOOK 102

Schibsted Growth KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Stockholm and Oslo Wehelp 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 Active Markets 9 advantages. Founded 1999 Welook 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 Employees n/a most prominent example (launched across 30 markets). Please see our investments for more information about the Schibsted Growthcompanies. Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES Lendo offers consumers a free service for comparison of consumer loans and acts as a marketplace and broker of AUM n/a consumer loans, for banks. Target Investment Size €1m - €3m 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. Target Geographies Scandinavia and Europe Bynk is a mobile bank with an initial focus on consumer loans. Target Sectors Fintech, Edtech, Healthtech, Price comparison, Marketplaces Investment Style Active Full Portfolio http://schibstedgrowth.com/ Deal Structures Control, joint control and minority KEY CONTACTS Key Investment Criteria n/a Schibsted Growth Stockholm Email: [email protected] Website www.schibstedgrowth.com Contact Email [email protected] Schibsted Growth Stockholm Contact Phone n/a Email: [email protected] INVESTOR BOOK 103

Seventure Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Munich 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 Active Markets France, Germany 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 Founded 1997 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. Employees 25 (of which all in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Enables businesses to accept mobile payments with all major credit cards on their smartphone and tablet. AUM n/a Target Investment Size €1m - €5m Tesbirds provides mobile apps and websites crowdtesting (bug and usability testing). Target Geographies Germany Customers are able to compare and book trains, flights, long distance buses and ride shares in one search. Target Sectors FinTech, SaaS, Innovative services Full Portfolio • www.seventure.fr/en/our-expertise/ Investment Style Active, Passive KEY CONTACTS Deal Structures Control, joint control, minority • MBA and PhD degree from University of Munich Wolfgang Krause • 15 years experience in the information and telecom industry, both in business Key Investment Criteria Proven business model – no seed Venture Partner development functions and as an early stage investor investments • Companies: Payleven, Testbirds, From A to B. Webdata Website www.seventure.fr/en Contact Email [email protected] Contact Phone +49 89 87806860 INVESTOR BOOK 104

SevenVentures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich 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. Active Markets Global 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. Founded 2009 Employees 26 - 50 (of which all in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No lieferando - Market leader in the field of home food delivery services AUM n/a Target Investment Size €5m - €50m shopkick - Shopping app for smartphones and tablets that offers customers rewards for walking into stores Target Geographies Global (companies entering the German justfab - Online subscription fashion retailer that carries selections of shoes, handbags, jewelry and denim Market) Target Sectors Consumer Goods Full Portfolio • www.sevenventures.de/en/portfolio-en Investment Style Flexible KEY CONTACTS Deal Structures Minority Florian Pauthner • Florian Pauthner is Managing Director of SevenVentures. Previous he served Managing Director as an M&A advisor for one of the biggest financial institutions of Northern Key Investment Criteria B2C, Scalable, clear way to monezization Europe and worked for a leading consultancy. Philip Fischer • 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 Website www.sevenventures.de Senior Manager Equity Africa. Further practical experience include a role as Associate Partner at a Fintech start-up and management consulting. Contact Email [email protected] Florian Weber • Florian Weber is Director Media Investments. Prior to SevenVentures he Director Media Investments worked, among others, for a leading publisher & media group as well as a leading international bank. He is a specialist for media impact analysis. Contact Phone +49 8995078699 INVESTOR BOOK 105

SmartFin KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Mechelen, BE and London, UK 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 millioneuro. Active Markets Europe Weare a strong value-added partner to our portfolio companies given the successful track record, expertise and complementary Founded 2014 experience within our team. We support our companies to become successful international leaders by accelerating the scaling and monetizationof theirgrowth. Employees 5 (of which 5 in Europe) Current Fund Size €100m SELECTED PORTFOLIO COMPANIES Use of Debt No 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) AUM €100m telephony and (iii) data / internet over satellite. Target Investment Size €500k - €10m Logo MariaDB is a Finland-based software company developing scalable open source database systems. Target Geographies Europe Itineris offers a fully integrated platform of software modules for utility companies. Target Sectors Technology driven companies Full Portfolio • www.smartfinvc.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority / Growth • Jurgen was the Founder and CFO of Clear2Pay, a leading payments technology company. Under his leadership, Jurgen Ingels he grew the company to one of the world leaders in payment software with more than 1,200 employees in 14 Companies led by ambitious countries and successfully sold the business to FIS for 400 million euro in October 2014. Jurgen started his Key Investment Criteria entrepreneurs delivering growth in Photo Founding Partner career as Investment Manager with Dexia Ventures (previously Quadra Invest), where he focused on investing in disciplined way early stage companies. [email protected] • He currently holds Board positions at several technology companies such as Materialise (NASDAQ: MTLS), Itiviti, Website www.smartfinvc.com 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. Contact Email [email protected] Thomas Depuydt • Thomas Depuydt joined the Smartfin team in 2017. Previously, Thomas worked as a Portfolio Manager for iMinds Photo (now part of imec), where he managed the portfolio of 100+ companies. Before that, Thomas was active in Managing Partner management consulting at Accenture and at Bain & Company as part of their private equity practice. Contact Phone +447481460677 • Thomas studied Economics at University of Leuven and Computer Sciences at University of Ghent and holds an [email protected] MBA from Columbia Business School. INVESTOR BOOK 106

Speedinvest KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Vienna, Berlin, Munich, Silicon Valley 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. Active Markets Europe Founded 2011 Employees 30 – 35 Current Fund Size €120m SELECTED PORTFOLIO COMPANIES Use of Debt No ClauseMatch is a real-time document editing and collaboration platform for teams working in highly regulated AUM €120m industries. Target Investment Size €200k - €500k Payworks is the provider of Pulse, a next generation Point of Sale payment gateway technology for merchants. Target Geographies Europe 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. Target Sectors Marketplace, DeepTech, FinTech, Consumer Full Portfolio • www.speedinvest.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Significant minority Oliver Holle • 20+ years in technology, Serial Founder, Founder of Speedinvest Key Investment Criteria Seed Stage, First Traction, MVP CEO • Companies: Wikifolio, Sipwise, Shpock, Adverity Michael Schuster • 15+ years in IT and enterprise software, Co-founder of Speedinvest Website www.speedinvest.com Partner • Companies: Flaviar, Bitmovin, ClauseMatch, Tourradar Contact Email [email protected] Daniel Keiper-Knorr • 15+ years in investor relations and business development, Co-founder of Speedinvest Partner • Companies: Storyclash, Enbritely Contact Phone n/a INVESTOR BOOK 107

SpeedUpVenture Capital Group KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Poznan, Warsaw 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 Active Markets CEE and hardware. We're interested in technologies like Machine Learning,Picture recognition, Artificial Intelligence, Augmented Reality, VR and Blockchain. Founded 2009 Whyus? Wearefounder friendly fund Employees 11 We’velong experience in business We'velearned what we shouldn't do by doing it ;) Wearewell-connected with big business Current Fund Size €8.25m SELECTED PORTFOLIO COMPANIES Use of Debt Yes The world’s first stethoscope with body temperature measurement functionality and self-diagnosis system for home AUM €25m use. ACR Systems does research, design, production and sales of highly sophisticated and advanced camera stabilisers Target Investment Size €100k - €1m based on brushless motor direct drive technology. Target Geographies CEE, Poland Legimi is an innovative technology company, whose main focus is on delivering complete solutions for distributing electronic content, including protection systems for e-books. Target Sectors Consumer internet, FinTech, MarTech, IoT and hardware, MedTech Full Portfolio • www.speedupgroup.com/pl/companies Investment Style Active KEY CONTACTS Deal Structures minority equity shares Bartłomiej Gola Bartek is a general partner of SpeedUp Group. He’s involved in early-stage project implementation in the areas associated with martech, marketplace, IoT Key Investment Criteria team, technology, market, product Founding Partner 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 [email protected] partner of the BLT Group (co-founder and shareholder) and TEQUILA\ Poland. Website www.speedupgroup.com Marcin handles SpeedUp Group investments in ventures in the areas of Marcin Fejfer martech, marketplace, finch, medtech, saas and gaming. As an investment Investment Manager manager, his responsibilities include: conducting investment processes, building Contact Email [email protected] value of portfolio companies and relations with foreign investors. Prior to joining [email protected] SpeedUp Group, he had worked for tech companies in Poland, Portugal, Denmark and India. Contact Phone +48 61 827 09 99 INVESTOR BOOK 108

STIHL Digital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Stuttgart Area (Waiblingen), Germany STIHLDigital is the corporate venture capital arm of STIHL, a global industry champion in outdoor power equipment (www.stihl.com). Wearelooking for investments and win-win-collaborations to drive innovation and the digital transformation at STIHL. Active Markets Global 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 Founded 2017 Intelligence and Energy Management with mid-term to long-term relevance for the business of STIHL in Garden, Forestry, Agriculture and Construction Employees 3 in Europe Besides the funding, startups benefit from our long-term experience, brand and broad network. Current Fund Size Evergreen Use of Debt n/a SELECTED PORTFOLIO COMPANIES AUM n/a GreenIQ is an Israeli startup whose Smart Garden Hub saves up to 50 percent of outdoor water consumption Target Investment Size €500k - €5m per round Freiraum is a German startup improving communication and collaboration in companies with its SaaS solution Target Geographies Europe, Israel, USA, Canada “MemoMeister” Internet of Things, Drones, Robotics, E- High-Tech Gründerfonds is Germany’s biggest seed stage VC with two funds and more than EUR 500 million under Commerce, Manufacturing, Big Data, management Artificial Intelligence and Energy Target Sectors Management with mid-term to long-term relevance for the business of STIHL in Full Portfolio • www.stihldigital.com Garden, Forestry, Agriculture, Construction Investment Style n/a KEY CONTACTS Deal Structures Minority Benjamin Junghans Photo Senior Investment Manager Key Investment Criteria Standard Email: [email protected] Website www.stihldigital.com Dr. Jens Ortgiese Photo Director Venturing Contact Email [email protected] Email: [email protected] Contact Phone +49 7151 26 - 0 INVESTOR BOOK 109

STS Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Cologne 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 Active Markets Austria, Germany, Switzerland 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 Founded 2010 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. Employees 4 (of which all in Europe) Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a November is a digital funeral service provider catering to the wishes of its clients before and at the time of need. Target Investment Size €100k - €500k Target Geographies Austria, Germany, Switzerland Movinga is a vertically integrated platform for moving services. Retail, E-Commerce Technology, Marketplaces, Media, Communications, JustWatchis a streaming search enginge so the enduser can easily find out where to watch favorite movies & TV EdTech, Travel & Transportation, Target Sectors FinTech, Financial Services, Gaming, shows on his favorite providers and see what’s new on Netflix and Co Gambling & Betting, Marketing, Analytics, Digital Services, Offline Services, Full Portfolio • www.sts-ventures.de/#portfolio Hardware Investment Style Active KEY CONTACTS Deal Structures Flexible, Lead Daniel Perthes Daniel has a background in M&A and financial services as well as with Key Investment Criteria Pre-seed and Seed investments Investment Manager consulting companies in Germany and abroad. He holds a masters degree in management from EBS University of Business and Law. Email: [email protected] Website www.sts-ventures.de Contact Email [email protected] Thies Wollesen Prior to STS Ventures, Thies worked in consulting with a focus on the the Investment Manager financial industry. He founded a social startup in Togo and holds a masters degree in Economics from Barcelona GSE. Contact Phone +49 221 64 00 99 31 Email: [email protected] INVESTOR BOOK 110

Swisscom Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Zurich, Lausanne, Palo Alto SwisscomVentures 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 Active Markets Switzerland, Europe, USA, Israel 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. Founded 2007 Employees 10 Current Fund Size CHF 200m SELECTED PORTFOLIO COMPANIES Use of Debt No Logo Beekeeper is a digital workplace app that digitizes the non-desk workforce by connecting operational systems and AUM CHF 300m communication channels. Target Investment CHF 1m –CHF 3m initial commitment at Logo Ava is a patented multi-sensor bracelet, which allows women to precisely and conveniently predict fertile days. Size seed / early stage Target Geographies Switzerland, Europe, USA, Israel Sophia Genetics is a tech company that created an artificial intelligence to help healthcare professionals better diagnose and treat patients Target Sectors ICT & DeepTech, IoT, Enterprise Solutions, Security, Fintech, Media & Ads, eHealth Full Portfolio www.swisscom.ch/en/ventures.html Investment Style Active KEY CONTACTS Deal Structures 5-25% equity stake, minority Dominique Mégret Photo • 15 years VC experience, Head of Strategy Swisscom, CEO kickstart Key Investment Strategic fit to SC Group, team quality, Head of Venturing Ventures, Oliver Wyman, MBA Insead Criteria market maturity & growth potential Email: [email protected] • Companies: AVA Women, Sophia Genetics, Geosatis Website www.swisscom.ch/en/ventures Pär Lange • 16 years VC experience, CEO Miranet Advisors, var. Management positions Contact Email [email protected] Photo Investment Director at Ericsson, MBA Insead & MSc. Physics Email: [email protected] • Companies: Bring!, Instabridge, Insightness, Actlight Contact Phone n/a INVESTOR BOOK 111

TA Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Kyiv, Ukraine 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. Weco-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. Active Markets DACH,United States, United Kingdom Founded 2010 Employees 8 Current Fund Size 80+ companies in the current portfolio Use of Debt No SELECTED PORTFOLIO COMPANIES Wunder is a mobility marketplace and tech platform providing carpooling, smart shuttles, and free-floating sharing AUM $50m to end customers, corporates, and cities. Target Investment Size $250k – $1m 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. Target Geographies United States, Western Europe, CEE Klara is a medical communication platform that improves collaboration, profitability, and patient outcomes in the healthcare industry. Target Sectors Mobility, Digital Health Full Portfolio • www.taventures.vc/portfolio Investment Style Active; do not lead KEY CONTACTS Deal Structures Minority Viktoriya Tigipko • Managing Partner of TA Ventures, who founded the fund in late 2010. Prior Key Investment Criteria Co-invest with leading investors in deep Founder & Managing Partner to her work at TA Ventures, Viktoriya led multiple business initiatives in tech post-revenue startups construction and machinery distribution. Email: [email protected] Website www.taventures.vc Pawel Schapiro • Partner at TA Ventures, mainly responsible for the fund’s activity in DACH & Contact Email [email protected] Partner Western Europe. Before joining TA Ventures in early 2017, he worked in operational and VC roles at Rocket Internet and Creathor Ventures. Contact Phone n/a Email: [email protected] INVESTOR BOOK 112

Talis Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 1 - London, United Kingdom 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 Active Markets International 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 Founded 2009 Employees 11 (of which 11 in Europe) Current Fund Size Open Mandate SELECTED PORTFOLIO COMPANIES Use of Debt Yes 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 AUM $300m+ 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 Target Investment Size $1m - $10m for businesses to verify identities and run adverse history searches such as Criminal or Anti-Money Laundering Checks Target Geographies UK, Europe and US 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. Target Sectors Technology; Software mainly B2B Full Portfolio • www.taliscapital.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority Vasile is a co-founder & Managing Partner of Talis Capital and has been active in Vasile Foca building and investing in companies for over 19 years. Vasile is very active with the Photo Managing Partner & Co-Founder management of all our portfolio companies and provides hands-on board support, Key Investment Criteria www.taliscapital.com/portfolio/ including companies such as Darktrace, Luminance and iwoca. Email: [email protected] Companies: Darktrace, Onfido, Iwoca, Clicktale, CensorNet, Luminance, Senrio, Pass The Keys Website www.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 Contact Email [email protected] Photo Matus Maar Chairman of Pirate Studios - the world's largest chain of music rehearsal studios, Managing Partner Ventures & Co-Founder fully autonomous and live streaming equipped. Involved from beginning with Email: [email protected] Threads. Having led over 50 private equity and venture capital deals. Matus enjoys early Contact Phone +44 203 542 6260 stage investing, working closely with the entrepreneurs. Companies: Onfido, iwoca, Pirate Studios, Threads, Import.io, eporta, Narrativ, Price f(x) and others. INVESTOR BOOK 113

Target Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich 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. Active Markets DACH 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. Founded 1999 Employees 8 (of which all in Europe) Current Fund Size €68m SELECTED PORTFOLIO COMPANIES Use of Debt No Instana provides AI powered enterprise software for monitoring application and infrastructure performance AUM €300m tado° makes a smart home climate control system for consumers, increasing the operating efficiency of home and Target Investment Size €500k - €4m apartment heating systems by up to 30 percent Target Geographies DACH 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 Target Sectors B2B, SaaS, Infrastrucutre, Hard Full Portfolio • www.targetpartners.de/en/#companies Investment Style Active KEY CONTACTS Deal Structures Minority Dr. Berthold von Freyberg Partner • Software Engineer, Program Manager at Microsoft, PhD in Physics Key Investment Criteria Disruptive technologies • Companies: German Autolabs, Instana, Simplaex, So1, Suitepad, TIS Email: [email protected] Website www.targetpartners.de Dr. Michael Münnix Contact Email [email protected] Partner • Software Engineer, Entrepreneur, PhD in Physics • Companies: Adsquare, Datapath.io, Swarm64, Senic Email: [email protected] Contact Phone +49 892070490 INVESTOR BOOK 114

TEV | Tengelmann Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Mueheim/ Ruhr (DE), Berlin (DE) Weare 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. Weare a stable companion Active Markets Global, focus on Europe for those we partner with and are able to invest up to EUR 40m over the lifecycle of an investment. Founded 2009 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. Employees 12 (all in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No WESTWING -Europe's Shopping Club for Home & Living. AUM Approx. €1bn Target Investment Size €3m - €8m initial, SCALABLE CAPITAL - Invest with Europe's fastest growing digital wealth manager. €40m over lifetime of company Target Geographies Europe IDAGIO - The first music streaming service tailor-made for classical music Target Sectors Consumer Internet, Digital Services, Software & Technology Full Portfolio • www.tev.de/portfolio Investment Style Active support KEY CONTACTS Deal Structures Minority Christian Winter Koen Lenssen Key Investment Criteria Potential of relevant return of >€50m after Partner (CEO) Partner deduction of investment amount Email: [email protected] Email: [email protected] Website www.tev.de Jan Sessenhausen Contact Email [email protected] Partner Email: [email protected] Contact Phone +49 208 – 583 8239 INVESTOR BOOK 115

Tiburon KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich and San Francisco 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. Active Markets Europe and USA 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. Founded 2001 Successful exits include Xing, Trivago, Invoco, Cadooz and Smava, among others. Employees 6 (of which 4 in Europe) Current Fund Size Undisclosed SELECTED PORTFOLIO COMPANIES Use of Debt No Develops and sells secure cloud based video streaming and management solutions to businesses AUM Undisclosed Effortless recruiting with intelligent HR-Tech Solutions. The biggest law recruiting platform in Germany. Target Investment Size €60k - €180k Crowdtesting & cloudbased Solutions for optimizing digital products Target Geographies Germany and USA Target Sectors Everything in the digital space Full Portfolio • www.tiburon.de Investment Style Active KEY CONTACTS Deal Structures Case dependent Daniel Wild Felix Artmann CEO & Founder Managing Partner Team-Fit (diversity, experience), Founder- Key Investment Criteria Market-Fit (expertise, unfair advantage), Tiburon-Fit (trust, levers) Alexander Juergens Website www.tiburon.de Tatjana Wild Investment Manager Partner & FinTech Specialist [email protected] Contact Email [email protected] INVESTOR BOOK 116

Unternehmertum Venture Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich UnternehmertumVenture 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, Active Markets Germany 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 Founded 2011 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. Employees 10 Current Fund Size € 83m SELECTED PORTFOLIO COMPANIES Use of Debt No 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 AUM € 110m 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 todeliver asset insights in real time and to enable its customers to switch to predictive maintenance. The end-to-end solution uses artificial intelligence Target Investment Size €500k - €3m, in aggregate up to €12m 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. Target Geographies Germany, Austria and Switzerland 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 Target Sectors B2B (esp. Industrial Technologies, and transport vehicles. Enterprise Software/SaaS, Mobility) Full Portfolio • www.uvcpartners.com/#portfolio Investment Style Active KEY CONTACTS Deal Structures Venture Capital (minority) Alexander Kiltz Photo Investment Associate Key Investment Criteria Seed, Series A, early Series B Email: [email protected] Website www.uvcpartners.com Dr. Ingo Potthof Contact Email [email protected] Photo Managing Partner Email: [email protected] Contact Phone +49 89 189 469 0 INVESTOR BOOK 117

Valerian Capital Partners LUCATIS Family Office Group KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, Munich 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. Active Markets Austria, Germany, Switzerland Weofferstart-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. Founded 2017 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 Employees 4 - 10 (of which 5 in Europe) 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. Current Fund Size n/a Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a Delivery Hero is the leading online food ordering and delivery marketplace globally Target Investment Size €500k - €2.5m Mister Spex is Europe’s leading online eyewear retailer - Over 3000 branded glasses Target Geographies Germany, Europe Dreamlines is an online travel company that specializes in selling cruises E-Commerce Technology, Marketplaces, Communications, FinTech, Financial Target Sectors Services, Analytics, Digital Services, Hardware, Health, Blockchain, Consumer Full Portfolio • www.valerian.one Products Investment Style Active, Flexible KEY CONTACTS Deal Structures Minority, Majority Bernd Schrüfer • Bernd Schrüfer looks back on more than 25 years of investment experience in Photo Managing Partner alternative asset classes. He is an acknowledged expert in managing professional investment portfolios with a special focus on the digital economy, Key Investment Criteria Team & Technology Email: [email protected] Blockchain, hedge funds, investment in art and cryptocurrencies... Website www.valerian.one Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 118

Ventech KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Munich, Helsinki, Shanghai 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 2013andHelsinki 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 Active Markets Europe, Asia 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. Founded 1998 Employees 13 in Europe Current Fund Size €140m SELECTED PORTFOLIO COMPANIES Use of Debt No Picanova is the leading company in the field of mass customized wall- and lifestyle decoration. AUM €400m Speexx is the only SaaS language platform that combines assessment, learning and continuous performance Target Investment Size €2 - €4m support for international corporations Target Geographies France, Germany, Nordics FinTecSystems provides banks, financial services companies, and payment processors with real-time data to make financial decisions. Target Sectors Digital economy Full Portfolio www.ventechvc.com/companies/ Investment Style Active KEY CONTACTS Deal Structures Minority Christian Claussen • Christian has been a General Partner with Ventech since 2013 and brings his Photo 20-year experience as an investor in innovation. Based in Munich and Paris, Key Investment Criteria Team, Market, Traction General Partner he leads Ventech investment activities in the DACH region. [email protected] • Invested in CoreOptics (acquired by Cisco), Silicon Hive B.V. (acquired by Intel), Netviewer AG (acquired by Citrix), Arteris Inc. (acquired by Qualcomm) Website www.ventechvc.com/ • Stephan works hand-in-hand with Christian to develop the Firm’s footprint in Stephan Wirries the DACH region Contact Email [email protected] Photo Principal • Completed several Seed deals such as Realbest and Crossengage in Germany, and in 2016 led Ventech Capital F’s investment in European [email protected] Games Group’s Series B round Contact Phone +33 1 83 79 81 90 INVESTOR BOOK 119

Via ID KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Berlin, San Francisco, Singapore 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.). Active Markets EU, USA, Asia 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. Founded 2009 Employees 18 (of which 16 in Europe) Current Fund Size NA SELECTED PORTFOLIO COMPANIES Use of Debt No Logo digital platform for on-demand transportation and services AUM NA Target Investment Size €250k - €5m Logo The n°1 peer-to-peer car rental service in Europe Target Geographies EU, USA, Asia Logo Urban ride-sharing at night between private individuals Target Sectors Mobility Full Portfolio www.via-id.com/en/startups/ Investment Style Active KEY CONTACTS Deal Structures Minority Alexis Hue Mobility Focus (sustainable, smart, daily) Photo Partner, Central and Northern Europe • 15+ years experience in driving growth strategies. INSEAD Key Investment Criteria Exceptional Team Email: [email protected] Website www.via-id.com Contact Email NA Contact Phone NA INVESTOR BOOK 120

Vito Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich 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. Active Markets Austria, Finland, Germany, UK Founded 2015 Employees 4 - 10 (of which all in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Machine learning and cloud technology enable efficient 3D mapping and real-time localization AUM n/a Target Investment Size €500k - €3m Soley combines Big Data Technology with Workflow Automation for tangible value in engineering Target Geographies Austria, Finland, France, Germany, Israel, A startup for professional Virtual Reality collaboration Netherlands, Portugal, Switzerland Target Sectors Analytics, Hardware, Deep-Tech, IoT, AI, Robotics, Cyber Security, Industry SaaS Full Portfolio • www.vito.vc/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority, Flexible, Lead Thomas Oehl • 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 Key Investment Criteria Game changing B2B deep-tech Managing Partner employees in Germany. He developed a native attraction to innovative ideas and business models and has been an active business angel for the past Email: [email protected] years Website www.vito.vc Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 121

Vorwerk Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Wuppertal, Germany 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. Weare proud to have invested in and worked with companies like Ringana, MeinAuto, HelloFresh, DaWanda, Lillydoo, Lesara, Ottonova, Thermondo, Flaschenpost, neato robotics and many others. Active Markets Europe, US Founded 2008 Employees 3 Current Fund Size €150m SELECTED PORTFOLIO COMPANIES Use of Debt No First digital health insurance in Germany AUM €250m Target Investment Size €1m - €10m Last mile beverage logistics Target Geographies primarily Europe First European digitally native vertical baby care brand Target Sectors direct to consumer business models & enabling technologies Full Portfolio www.corporate.vorwerk.com/en/vorwerk-direct-selling-ventures/portfolio/ Investment Style passive KEY CONTACTS Deal Structures Joint control, minority, board representation Dirk Meurer • Founding partner of Vorwerk Ventures with 22 years of international Managing Director investment management experience Key Investment Criteria Sizeable market, scalability, team • Companies: meinauto, DaWanda, Ottonova, Hellofresh, Juniqe, neato [email protected] robotics, Thermondo, Mädchenflohmarkt Website www.corporate.vorwerk.com/en/vorwerk- direct-selling-ventures/home/ Contact Email [email protected] Contact Phone +49 202 564 1923 INVESTOR BOOK 122

W Ventures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin WVentures 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. Active Markets Europe & USA Weare 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 Founded 2014 accelerate growth. We deliver mergers & acquisitions advice, advice for digital transformation strategies and co-accountability in digital business creation. Employees 5 (3 in Europe) 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 Current Fund Size N/A succession plans. Use of Debt - SELECTED PORTFOLIO COMPANIES Osaro is a deep reinforcement learning technology company specializing in AI software for industrial robotics AUM N/A automation. Target Investment Size Depends Lampenwelt is the #1 specialty online retailer of lighting products in Europe. Target Geographies Europe, USA ThinAir is a security company whose mission is to allow organizations to detect and investigate insider threats in seconds. E-Commerce, Media, Digital Services, Target Sectors Connected Home, Cyber Security, Digital Health Bloom Farms is a socially responsible medical cannabis company. Investment Style Flexible KEY CONTACTS Deal Structures Minority • 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 Jochen M. Wilms a General Manager at the Media Group Bertelsmann as MD Marketing & Key Investment Criteria Team. B2C and B2B SaaS Focus, Cash Photo Sales during the company's transition phase to digital. Thereafter he took the Generative Stage, Selectively Early Managing Partner responsibility for Schüco, a circa €1.5 bn. turnover provider of aluminum [email protected] curtain wall systems. He later worked with Grohe, a circa €1.5 bn. bathroom Website www.wventures.de 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. Contact Email [email protected] Contact Phone +49 30 31 80 04 43 INVESTOR BOOK 123

Wecken& Cie. KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Basel Wecken&Cie.is an early-stage venture capital investor, focused on European fast-growing, disruptive technology companies, with expertise in Deep Techand B2BSoftware. Wecken&Cie. invests across other sectors and stages opportunistically. Active Markets Europe 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 Founded 2007 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 Employees 8 which he sold to SAGE Group in 1997. Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No CYNORA develops highly efficient TADF OLED emitting materials for OLED displays. AUM n/a Target Investment Size €500k - €5m Jedox is a business intelligence and corporate performance management solutions provider. Target Geographies Europe (with focus on Germany and RankingCoach provides solutions for SMEs to optimize their Online Marketing, SEO and Social Media. Switzerland) Target Sectors Agnostic (with focus on Deep Tech and B2B Software) More Selected Portfolio www.crunchbase.com/organization/wecken-cie Companies Investment Style Active KEY CONTACTS Deal Structures Minority Frank Hölzle Thilo Schmid Photo CEO Investment Director Key Investment Criteria Team, Market, Technology, Traction Email: [email protected] Email: [email protected] Website n/a Georg Kampmann Contact Email [email protected] Photo Investment Manager Email: [email protected] Contact Phone +41 61 555 03 30 INVESTOR BOOK 124

WestTechVentures KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin 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 Active Markets Europe (IPOed), Dalia Research, Remerge and TestObject (acquired by Sauce Labs). Founded 2013 Employees 3 in Europe Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No 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 AUM n/a understanding LANA enables the simple analysis and visualization of complex events in business processes by using process Target Investment Size €50k - €250k mining techniques & enables the automated analysis of process deviations Target Geographies Germany Jovo is the first open source framework for developers to build cross-platform voice apps for Amazon Alexa and Google Home Target Sectors B2B Software Full Portfolio www.westtechventures.de/#portfolio Investment Style Flexible KEY CONTACTS Deal Structures Minority Masoud Kamali Key Investment Criteria Team & strong core technology CEO & Founder Email: [email protected] Website www.westtechventures.de Alexander Kölpin Contact Email [email protected] Partner & MD Email: [email protected] Contact Phone n/a INVESTOR BOOK 125

XAnge KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Munich With €400munder management and a portfolio of 75 startups, XAnge has been a key investor in Europe for 15 years. Austria, Belgium, France, Germany, SPECIALIZEDIN EARLYSTAGE-TheXAngeteam hasspecific knowledge and truly understand your business challenges to back you. Active Markets Netherlands, Switzerland, UK SHAREDPASSIONANDAMBITIONWITHENTREPRENEURS-XAngestrongly believes that both sides of the table must be driven by the same Founded 2003 enthusiasm INTERNATIONALREACHANDPROVENTRACKRECORD-XAngeboostsentrepreneurs on aglobal scale Employees 11 - 25 (of which 16 in Europe) ADYNAMICCOMMUNITYOFENTREPRENEURS-XAngeisanactiveplayer inacommunity where entrepreneurs share best practices Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Mister Spex is Europe’s leading online eyewear retailer AUM €400m Target Investment Size €1m - €5m Believe is a smart distribution and marketing services for artists and labels worldwide Target Geographies Austria, Belgium, France, Germany, Studitemps is a temp agency for students Netherlands, Switzerland, UK Target Sectors Technology, Technology-Enabled Services Full Portfolio • www.xange.fr/who-we-rock/ Investment Style Active KEY CONTACTS Deal Structures Minority, Lead, Co-Investor Bernhard Schmid • Bernhard is Partner at XAnge, where he is heading the German operations. Prior Bernhard was with Deutsche Venture Capital, the venture arm of Key Investment Criteria Team, growth potential, market size, Partner Deutsche Bank. He started his VC life at Atlas Venture, a Boston based early technology, business model stage venture fund. Bernhard serves on the Board of various technology Email: [email protected] companies Website www.xange.fr Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 126

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Accel KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Palo Alto, San Francisco, London, Accel is a leading early- and growth-stage venture capital firm, powering a global community of entrepreneurs. Accel backs entrepreneurs who have Bangalore 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 Active Markets Worldwide 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. Founded 1983 Employees 50 investment professionals, of which 12 in Europe Current Fund Size $3bn across the US, Europe and India SELECTED PORTFOLIO COMPANIES Use of Debt No Largest global social network AUM $10bn+ Target Investment Size $1-100m Largest global music subscription service Target Geographies Global Game studio behind among others Clash of Clans, highest ever grossing mobile app Target Sectors Technology and technology-enabled services Full Portfolio • www.accel.com Investment Style Active KEY CONTACTS Deal Structures Minority Sonali De Ryker Sonali De Rycker focuses on consumer, software and financial services businesses. Exceptional entrepreneurs looking to build Partner She led Accel’s investments in Avito (acquired by Naspers), Lyst, Key Investment Criteria category-defining businesses Spotify, Wallapop, KupiVIP, Calastone, Catawiki, JobToday, Shift Technology, SilverRail (acquired by Expedia), Kry and Soldo. Prior to Accel, Sonali was with Atlas Ventures. Website www.accel.com Andrei Brasoveanu Andrei Brasoveanu focuses on software, fintech and data businesses. He helped lead Accel’s investments and ongoing work in Celonis, Contact Email [email protected] Principal 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 Contact Phone +44 20 7170 1000 commodity futures. INVESTOR BOOK 128

Activant Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Greenwich, Connecticut 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 Active Markets Global extensive operational support to create a distinctive growth platform for our portfolio companies. Founded 2010 Employees 8 (of which 1 in Europe) Current Fund Size $130m SELECTED PORTFOLIO COMPANIES Use of Debt No 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 AUM $246m 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 Target Investment Size $10m – $40m visibility to shippers, brokers and carriers through its platform Target Geographies Global 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 Target Sectors CommerceInfrastructure, IoT Full Portfolio • www.activantcapital.com/ Investment Style Active KEY CONTACTS Deal Structures Minority, Equity Steve Sarracino Key Investment Criteria Growth Founding Partner Email: [email protected] Website www.activantcapital.com Andrew Steele Contact Email [email protected] Investment Team (Europe) Email: [email protected] Contact Phone n/a INVESTOR BOOK 129

BlackFin Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Paris, Brussels, Frankfurt 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. Weleverage our pan-European networks and expertise across all subsegments (payments, banking, insurance, regulatory compliance, ECM/DCM)to support entrepreneurs in becoming European champions. Active Markets European Economic Area We aim to become the go-to platform for fintech, insurtech & regtech entrepreneurs as we provide solid regulatory knowledge across national Founded 2010 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! Employees 25 (all of which in Europe) Looking forward to hearing from you, TheBlackFin Tech Team Current Fund Size € 150m+ SELECTED PORTFOLIO COMPANIES Use of Debt No Friss is a Dutch insurtech providing tools leveraging AI for fraud investigators at insurance companies to be better AUM € 700m+ 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 Target Investment Size €1m - €10m 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. Target Geographies European Economic Area Finanzen.de is the leading real-time marketplace for financial leads in Europe, with operations in Germany, France, Switzerland and the UK. Target Sectors Fintech, Insurtech & Regtech Full Portfolio • https://blackfin-tech.com/portfolio Investment Style Active • http://www.blackfincp.com/portfolio KEY CONTACTS Deal Structures Influential minority Julien Creuzé Photo Maxime Mandin Team with knowledge of financial Senior Investment Director Investment Director Key Investment Criteria services, looking to become EU/world Previously VC at Aster Capital & entrepreneur at champions Agoranov Previously VC at Seventure Website www.blackfin-tech.com Romain Grimal Photo Gabrielle Thomas Contact Email [email protected] Investment Manager Associate Previously VC at Siparex/XAnge Previously VC at XAnge & M&A at Invest Corporate Finance Contact Phone +33 1 83 79 17 14 INVESTOR BOOK 130

Burda Principal Investments KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Munich, London, Singapore 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- Europe including Germany, UK, Nordics, centric businesses since 1998. Active Markets and France; USA; South East Asia Wehave been partners for visionary entrepreneurs, leveraging Burda’s capital, brands and sector expertise, particularly in the areas of business Founded 2015 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 Employees 13 (of which 8 in Europe) invested in internet platforms such as Etsy, zooplus, HolidayCheck, or Xing AG. BPIis run by a dedicated team of investment professionals based in Munich, London and Singapore. Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No International market place for second hand fashion AUM n/a Fresh flower delivery, pioneering the letter box format Target Investment Size €5m - €25m Digital network for neighbourhoods Target Geographies Europe including Germany, UK, Nordics, and France; USA; South East Asia Fashion, beauty and lifestyle marketplace with headquarters in Singapore Target Sectors E-Commerce, Marketplaces, Digital Networks Full Portfolio www.burdaprincipalinvestments.com/investments/ Investment Style Active KEY CONTACTS Deal Structures Minority Martin Weiss Christian Teichmann Proven business model, scalability, Photo Managing Director / CEO Managing Director Key Investment Criteria right vertical and team Email: [email protected] Email: [email protected] Website www.burdaprincipalinvestments.com Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 131

Capital D KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Luxembourg 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. Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Change is accelerating and in every sector innovative, fast-moving companies are disrupting their industries. Capital D seeks to be their partner of Active Markets Germany, Greece, Ireland, Israel, Italy, choice. A new model is necessary to identify and accompany these winners in their journey. Our distinctive approach integrates three competencies: Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Spain, Sweden, intelligence, investment and impact. Our senior team combines skills in private equity, corporate and digital transformation, innovation and Switzerland entrepreneurship. Founded 2017 Employees 11 - 25 (of which 16 in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt Yes AUM n/a Full Portfolio • www.capitald.com/investment-portfolio/ Target Investment Size €10m - €60m Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Target Geographies Germany, Greece, Ireland, Israel, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland E-Commerce Technology, Marketplaces, Target Sectors EdTech, Travel & Transportation, FinTech, Gaming, Health, Marketing, Analytics, Digital Services KEY CONTACTS Investment Style Active • Co-founded Capital D to invest in disruptive businesses Deal Structures Majority, Minority, Lead Jean-Marc Jabre • Started investment career in early-stage healthcare and technology in Menlo Photo Partner Park, CA High growth, disrutive business, platform • Last role as Head of Morgan Stanley Private Equity in Europe Key Investment Criteria potential, profitable company, ambitious Email: [email protected] • Leads Capital D's investment in business services, fintech, edtech, e-health team and mobility Website www,capitald.com Stephan Lobmeyr • Co-founded Capital D to invest in disruptive businesses Photo • Started investment career at Hicks, Muse, Tate and Furst Contact Email n/a Partner • Last role as Partner at Change Capital Partners Email: [email protected] • Leads Capital D's investment in consumer, retail, sustainability, TIC and Contact Phone n/a tourism INVESTOR BOOK 132

Egmont KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Copenhagen, Oslo, Stockholm, 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 Gothenburg and TV 2 in Norway, book publishing and Egmont Publishing, and is part owners of other joint venture businesses. Egmont is a commercial Denmark, Finland, Germany, Norway, 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 Active Markets Poland, Sweden, UK Global of children and young people. Founded 1878 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 Employees 4,000 (of which all in Europe) of experts focused on ecommerce solely that cooperates closely with the portfolio companies. Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Ecommerce company in parenting niche selling toys, baby equipment and fashion items AUM n/a Target Investment Size €10m - €100m Ecommerce companies specialised within outdoor sports equipment niche Target Geographies Europe Ecommerce companies specialised within high end kitchen equipment, interior and home appliance robots Target Sectors E-Commerce Investment Style Active KEY CONTACTS Deal Structures Flexible Carsten Pingel • 10 years experience with management consulting, strategy and business High growth potential, high customer Head of International Investment development with focus on online and technology focused businesses Key Investment Criteria interest niches, category experts to create • Specialised in creating value and growth in established businesses and new ustainable positions Email: [email protected] Ventures Website www.egmont.com Contact Email [email protected] Contact Phone n/a INVESTOR BOOK 133

EMK Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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. Active Markets UK, Europe etc EMKCapital has the capability to commit to over £100m of equity to a single investment from its fund, and in partnership with limited partners could Founded 2016 commit far more, should a portfolio company require that through the life of an investment. EMKCapital typically makes majority investments over periods of three to seven years in the business services and consumer sectors. Whilst they Employees 15 are flexible about the situations they target, they have extensive experience supporting management buyouts, corporate carve outs, growth equity, special situations and management succession. Current Fund Size £575m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Luminati was acquired by EMK in 2017. Luminati is the world’s leading IP proxy network for businesses. AUM £1bn+ 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. Target Investment Size £30-£100m+ 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. Target Geographies UK, Europe etc 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. Target Sectors Business Services, Consumer etc Full Portfolio www.emkcapital.com/investments/ Investment Style Active KEY CONTACTS Deal Structures Flexible • Mark Joseph Co-founded EMK Capital having previously been a founding Mark Joseph partner at Oakley Capital Private Equity. Key Investment Criteria Growth and change Managing Partner • 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 Website www.emkcapital.com transactions. Contact Email [email protected] Simon Dexter • Investment Director at EMK Capital (Dec 2016 – Present) – Director at Oakley Capital Private Equity (Jun 2011 – Oct 2016) – Non Executive Director at Investment Director Facile.it (Jul 2015 – Sep 2016) – Non Executive Director at PARSHIP GmbH Contact Phone +44 20 7591 4200 (Apr 2015 – Sep 2016). INVESTOR BOOK 134

General Atlantic KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices New York, Munich, London General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General (+10 other offices globally) 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. Active Markets Global The three main differentiators are (i) the exclusive focus on growth investing, (ii) a patient capital base and (iii) a global, collaborative team con- Founded 1980 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. Employees 100 – 1,000 (of which 30 in Europe) Current Fund Size > $13bn SELECTED PORTFOLIO COMPANIES Use of Debt Selectively 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 AUM > $24bn conglomerates … Target Investment Size $25m - $500m 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 Target Geographies Global 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 Target Sectors Technology, Technology-enabled services Full Portfolio • www.generalatlantic.com/portfolio Investment Style Active KEY CONTACTS Deal Structures Flexible Joern Nikolay • Joined General Atlantic in 2008 Market position, management, market Managing Director, Head of DACH • Previously at TA Associates, Bain & Company and Morgan Stanley Key Investment Criteria dynamics, competitive advantage with • Board Memberships: Axel Springer Digital Classifieds (previous), FlixBus, intellectual property, barriers to entry Email: [email protected] KäuferPortal, Hemnet (previous), ControlExpert, NuCom Group Website www.generalatlantic.com Christian Figge • Joined General Atlantic in 2012 Contact Email [email protected] Principal • Previously at BC Partners and L.E.K. Consulting Email: [email protected] • Board Memberships: Käuferportal, Flixbus, NuCom Group Contact Phone +49 89 558 932 710 INVESTOR BOOK 135

GPI Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, New York 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 Active Markets North America, SEA focuses on the consumer, technology and industrials sectors. The firm is partner-owned and operated with offices in London and New York. Founded 2016 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. Employees 10-20 Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Social Finance (“SoFi”) is an online personal finance company that provides student loan refinancing, mortgages AUM n/a and personal loans Target Investment Size $50m - $300m 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 Target Geographies Western Europe, North America, Grab is a Singapore-based technology company that offers ride-hailing, ride sharing and logistics services through China, SEA its app in Singapore and neighbouring Southeast Asian nations such as Malaysia, Indonesia, Philippines, Vietnam, Target Sectors Consumer, Technology, Industrials Thailand, Myanmar, and Cambodia Investment Style Strategy and management-supportive KEY CONTACTS Deal Structures Structured minority equity Alex Migon Partner • Partner of GPI Capital and a member of the Investment Committee Backing late stage growth businesses • Previously Portfolio Manager at Ontario Teachers Pension Plan (“OTTP”) Key Investment Criteria offering innovative products in sizeable [email protected] addressable markets Francois Poulin • Partner of GPI Capital and a member of the Investment Committee Website www.gpicap.com Partner [email protected] • Previously Partner and Portfolio Manager at BTG Pactual Contact Email [email protected] Pavel Prokofiev Investment Professional • Joined GPI Capital in 2014, from Capital Group Contact Phone +44 (0) 203 198 1645 (Francois Poulin) [email protected] • Previously at KPMG INVESTOR BOOK 136

Great Hill Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Boston 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 Active Markets North America, Europe, Latin America of expertise to help them achieve their objectives. We typically invest $30-$300 million in equity in each investment transaction. Founded 1998 SELECTED PORTFOLIO COMPANIES Employees 34 Investment Profesionals The leading online marketplace to consign and buy previously-owned luxury goods Current Fund Size $1.6B New York City-based direct-to-consumer retailer of premium quality socks Use of Debt Occasional The leading online marketplace for purebred and designer-breed puppies, connecting consumers with a screened and vetted network of thousands of responsible breeders nationwide Target Investment Size $30-300m Target Geographies North America, Europe, Latin America • https://www.greathillpartners.com/active-investments/ Business Services, Consumer Services, KEY CONTACTS Financial Technology, Healthcare Target Sectors Technology, Internet, Logistics, • Responsible for transaction origination, investment policy, fundraising, investor Media/Communications, Software & Michael Kumin relations and the general management of Great Hill Partners. His investment Transactions Processing Photo experience covers a broad group of industries, including media, Internet, software, Investment Style Active Managing Partner and business and consumer services. [email protected] • Bombas, CliqStudios, Educaedu, PuppySpot, Sugarfina, The RealReal, The Shade Store, Momondo and Wayfair Deal Structures Control, joint control, minority Peter Garran • Responsible for originating and evaluating investment opportunities in the media, Growth Oriented: Photo Partner Internet, software, and business and consumer services sectors. Key Investment Criteria All Stages Beyond Early Stage • Bombas, The Shade Store, Momondo, Educaedu, PuppySpot, CliqStudios and [email protected] Sugarfina Website www.greathillpartners.com Kevin Magan • Responsible for originating and evaluating investment opportunities in the media, Vice President Internet, software, and business and consumer services sectors. [email protected] [email protected] • Bombas, Educaedu and Intapp Contact Email [email protected] [email protected] 617-790-9435 Contact Phone 617-790-9475 617-790-9414 INVESTOR BOOK 137

Horizon Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Kiev, Chicago Horizon Capital is a leading private equity firm in Ukraine, managing over $700 million in AUM. Weinvest 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. Active Markets Global Founded 2005 Employees 11 - 25 (of which 25 in Europe) Current Fund Size n/a SELECTED PORTFOLIO COMPANIES Use of Debt No Online Retail AUM $750m Target Investment Size $5m - $25m Full Portfolio • www.horizoncapital.com.ua/portfolio/ Target Geographies n/a KEY CONTACTS Target Sectors Opportunistic Denis Tafintsev • Denis Tafintsev is a Senior Partner and a member of the Investment Committee. Denis led several notable technology deals, including investments Senior Partner in Rozetka, Jooble and Ciklum (exited). Denis joined Horizon Capital in 2010 Investment Style Active Email: [email protected] after graduating from Stanford Business School previosuly working for McKinsey. Deal Structures Minority, flexible Vasile Tofan • Vasile Tofan is a Partner at Horizon Capital in charge of investments in the Partner Technology and FMCG sectors. Vasile joined Horizon Capital in 2012, bringing over five years of management consulting and industry experience. Email: [email protected] Vasile received an MBA from Harvard Business School. Key Investment Criteria Opportunistic • Dmytro is an Investment Director covering Technology sector. Dmytro is Dmytro Boroday managing Horizon's portfolio companies in e-commerce, IT product and Website www.horizoncapital.com.ua Investment Director telecom sectors. Dmytro joined Horizon Capital from McKinsey, where he Email: [email protected] advised clients in the Middle East. Dmytro received an MBA from Harvard Business School Contact Email [email protected] Hanna Shuvalova • Hanna is an Investment Associate covering Technology sector. Dmytro is Associate involved in portfolio management of companies in e-commerce, IT product sectors. Hanna joined Horizon Capital from Genesis, leading global IT product Contact Phone n/a Email: [email protected] company INVESTOR BOOK 138

HPE Growth Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Amsterdam, Düsseldorf, San Francisco HPEGrowth 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. Active Markets Belgium, Germany, Netherlands 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 Founded 2010 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 Employees 11-25 (of which 14 in Europe) 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. Current Fund Size €230m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM €400m SaaS based digital location marketing platform Target Investment Size €10m - €30m Develops connected fitness equipment and software solutions that enable a fully digitalized gym training Target Geographies Austria, Belgium, Denmark, Germany, Netherlands, Norway, Sweden Payment processing solution for Alternative Payment Methods E-Commerce Technology, Media, Target Sectors Financial Technology, Financial Services, Hardware Full Portfolio • www.hpegrowthcapital.com/companies/ Investment Style Active KEY CONTACTS Deal Structures Minority Manfred Krikke • 16yearsof technology experience in Silicon Valley, incl. investment banking, Technology & business model, traction & Partner growth equity investing and operations. Key Investment Criteria growth potential, management team, min. [email protected] • HPE portfolio companies: eGym, Kreditech, NGdata, uberall €500k MRR or €10m revenue Tim van Delden • Co-Founder and Chief Investment Officer at HPE. Formerly at Morgan Website www.hpegrowthcapital.com Partner Stanley, General Atlantic and Avenue Capital Group. [email protected] • HPE portfolio companies: Aevi, PPRO, AOG, SFC Energy, Airborne Contact Email [email protected] Martin Karschkes • Martin is responsible for the identification and evaluation of investment Senior Associate opportunities, due diligence and portfolio support. [email protected] • HPE portfolio companies involvement: eGym, uberall, SFC Energy, PPRO Contact Phone +31 20 714 3400 INVESTOR BOOK 139

Insight Venture Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices New York 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 Active Markets Global foster long-term success. Founded 1995 Employees 51 - 100 (of which 0 in Europe) Current Fund Size $6.3bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes Europe’s largest hotel meta-search destination, where visitors can easily find the best deal by comparing prices AUM $18bn from over 500,000 hotels and over 100 booking sites worldwide Target Investment Size $20m - $200m Every week HelloFresh sends fresh ingredients needed to prepare delicious recipes at home Target Geographies Global Worldwide network of online food ordering sites with over 55,000 restaurants connected to its service Target Sectors Software, Internet & Tech-enabled Services Full Portfolio • www.insightpartners.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Flexible Harley Miller • Harley Miller joined Insight in 2011. He previously worked as an analyst at Key Investment Criteria Growth Vice President Lubert Adler Real Estate Funds in Philadelphia, focusing on acquisition and asset management Email: [email protected] Website www.insightpartners.com Molly Alter Contact Email [email protected] Associate • Molly Alter joined Insight in 2016. Email: [email protected] Contact Phone +1 212 2309200 INVESTOR BOOK 140

LetterOne Technology KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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 Active Markets Europe, Israel, Emerging Markets 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 Founded 2015 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). Employees 10-20 Based in London, L1 Technology has recruited a strong team of deal professionals from Blackstone, Summit Partners, Morgan Stanley and McKinsey Current Fund Size Permanent capital; part of $24bn investment group SELECTED PORTFOLIO COMPANIES Use of Debt Depending on investment profile 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 AUM ~$5bn stock exchanges Largest converged telecom operator in Turkey with 50m subscribers. Withits extensive digital app portfolio, Turkcell leads Target Investment Size > $100m per investment digital revolution in the telecom sector globally. Turkcell is listed on Istanbul and New York stock exchanges Target Geographies Europe, Israel, Emerging Markets $200m investment. L1T strategic partner for Russia Software, B2B data, marketplaces, Telco Billing & CRM system, strategic partnership with Ericsson, Helsinki headquartered Target Sectors telecom Data based MVNO, freemium model, California headquartered Investment Style Active KEY CONTACTS Deal Structures Control, joint control, large minority Nicolas Slim Platforms with international expansion Photo Partner • Previous experience: Summit Partners, Goldman Sachs Key Investment Criteria potential Email: [email protected] Website www.letterone.com/our-businesses/l1- technology Contact Email [email protected] Contact Phone +44 20 7046 6150 INVESTOR BOOK 141

NGP Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Palo Alto, Helsinki, Beijing 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 Active Markets Global exits of all time; Ganji and Ucweb and one of the largest exits in Europe 2017; heptagon. Visit www.nokiagrowthpartners.com for more information. Founded 2005 Employees c. 12 Current Fund Size $500m SELECTED PORTFOLIO COMPANIES Use of Debt No Babbel is the market-leading app for language learning AUM $1.2bn Target Investment Size $5m - $15m Deliveroo is a technology company that focuses on marketing, selling, and delivering restaurant meals to the household or office Target Geographies Global GetYourGuide is a booking platform for tours and activities, offering a variety of travel experiences through their global supplier network Target Sectors E-Commerce Technology, EdTech, Travel & Transportation, Analytics Full Portfolio • www.ngpcap.com/companies Investment Style Active KEY CONTACTS Deal Structures Minority Shipping product or service, a few million Bo Ilsoe Jacob Fellman Key Investment Criteria in revenue and expereinced management Partner Associate team Website www.ngpcap.com Walter Masalin Ossi Tiainen Contact Email n/a Partner Associate Contact Phone n/a INVESTOR BOOK 142

NuComGroup KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Unterföhring, Germany 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. Active Markets International Since 2018, General Atlantic as one of the leading global growth equity firms has also invested a significant stake in the NuCom Group. Founded 2018 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. Employees 100-1,000 Ownership split: 75% ProSiebenSat.1 and 25% General Atlantic. Current Fund Size n/a Use of Debt n/a SELECTED PORTFOLIO COMPANIES AUM €1.8bn A leading online price comparison (OPC) player in Germany Target Investment Size n/a Number one online matchmaker in Germany, Switzerland and Austria Target Geographies International The leading German marketplace in experience and gift vouchers Target Sectors n/a Investment Style Active Full Portfolio • https://www.nucom.group Deal Structures n/a KEY CONTACTS • Claas van Delden is Co-CEO of NCG – NuCom Group SE and Managing Key Investment Criteria n/a Claas van Delden Director of NCG Commerce GmbH. He has been involved in ProSieben’s Photo digital business since 2012 and was initially responsible for growing the Co-CEO and Managing Director strategic digital commerce portfolio as Managing Director of SevenVentures. Before joining ProSiebenSat.1’s investment arm, Claas Website www.nucom.group Email: [email protected] worked at Holtzbrinck Digital and the Boston Consulting Group, among others. Contact Email [email protected] Florian Tappeiner • Dr. Florian Tappeiner is Co-CEO of NCG – NuCom Group SE and Managing Director of NCG Commerce GmbH. Florian Tappeiner has been Contact Phone n/a Co-CEO and Managing Director 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 Email: [email protected] Director of the Private Equity firm H.I.G. Capital. INVESTOR BOOK 143

Scottish Equity Partners (SEP) KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Glasgow, Edinburgh 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. Active Markets Europe 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 Founded 2000 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 tohave secured an exit of over $1bn in recent years and its current portfolio Employees 45 (all in Europe) 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 Current Fund Size €300m Spex and sports flash sales business SportPursuit. SELECTED PORTFOLIO COMPANIES Use of Debt No Almost 2 million customers use Babbel for online language learning and its products cover 8,500 hours of content AUM €1bn 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 Target Investment Size €10m to €30m 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. Target Geographies UK, Ireland, Europe 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. Target Sectors Software, internet and tech-enabled services Full Portfolio • www.sep.co.uk/companies/ Investment Style Active KEY CONTACTS Deal Structures Minority in B rounds, secondary alongside primary in later stage deals Stuart Paterson • Afounding Partner of SEP, Stuart has been investing in technology Partner companies for over 20 years. He focuses on investment opportunities in Key Investment Criteria Equity for growth stage technology software, internet and digital media. companies Email: [email protected] • Companies: Babbel, Mister Spex, Peppermint Technology, SportPursuit Website www.sep.co.uk Tim Ankers • Tim focuses on investments in software and consumer internet businesses. Contact Email [email protected] Principal • Companies: Content Guru, Babbel, Mister Spex, Lovecrafts Email: [email protected] Contact Phone +44 207 758 5900 INVESTOR BOOK 144

Stripes Group KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices New York Stripes Group is a leading growth equity firm that makes $10-150 million investments in Internet, Software, Healthcare IT and BrandedConsumerProductsbusinesses. Active Markets US, UK, Europe, Asia Founded 2008 Employees 40 (of which 0 in Europe) Current Fund Size ~$500m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Full Portfolio • www.stripesgroup.com/investments AUM $2.2bn Target Investment Size $10m - $100m Target Geographies US, UK, Europe, Asia Target Sectors Internet, Software, Consumer Investment Style Active KEY CONTACTS Deal Structures Flexible. Reshma Kalimi Casale Key Investment Criteria $5m+ in revenue, rapid growth, category VP leading tech/brand Email: [email protected] Website www.stripesgroup.com Rachael Foo Contact Email [email protected] Assocaiate Email: [email protected] Contact Phone n/a INVESTOR BOOK 145

Summit Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Boston (HQ), Menlo Park 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 Active Markets Global 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. Founded 1984 Recentnews 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 Employees 85 (of which 18 in Europe) revenue and $21 million in EBITDA in CY2009, the first full year before Summit invested, to $780 million in revenue and $451 million in EBITDA for CY2017. Current Fund Size €700m in Europe ($9.5bn globally) SELECTED PORTFOLIO COMPANIES Use of Debt In certain situations Provider of cyber security technology. Darktrace’s solution represents a new class of cyber defense software that AUM $21bn helps large enterprises and governments detect advanced threats and anomalous behavior within their networks. Target Investment Size $10m - $150m Provider of enterprise SaaS process and decision management systems Target Geographies Global Provider of enterprise SaaS marketing information systems Target Sectors Technology, Internet, Enterprise Software, Mobile, Telecommunications Full Portfolio • www.summitpartners.com/companies Investment Style Active (with on demand operational resources) KEY CONTACTS Deal Structures Flexible • Steffan first joined Summit Partners as an Associate in 2007. Today, he Steffan Peyer focuses on the technology sector in Europe Key Investment Criteria Growth and capital efficiency Investment Professional • 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 Website www.summitpartners.com • Shaun focuses primarily on the technology sector in Europe Shaun Dunlop • Prior to Summit, Shaun worked for Goldman Sachs in London, where he was Contact Email [email protected] Investment Professional a member of the TMT & Industrials M&A team and subsequently the Fundamental Strategies Group, covering TMT on the proprietary trading desk Contact Phone +44 2076597528 INVESTOR BOOK 146

Target Global KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin, Moscow, Tel Aviv, San Francisco 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 Active Markets Europe, Israel, US 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, Founded 2012 Delivery Hero, GoEuro, Dreamlines and WeFox. More about Target Global: www.targetglobal.vc Employees c. 40 Current Fund Size $300m Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUTO1.com –The online marketplace for efficient buying and selling of inspected used cars. It is exclusively for car AUM $533m dealers Target Investment Size $5m - $30m BAT is a Facility Management platform . It connects customers with cleaning services as well as additional services through its network Target Geographies Europe, Israel, US DocPlanner is an online healthcare platform enabling patients to find local physicians online and book appointments B2C and B2 SMB companies in E- Target Sectors Commerce, FinTech, Travel, Software, Mobile Full Portfolio • www.targetglobal.vc/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Minority Photo Yoran Valler Photo Shmuel Chafets Key Investment Criteria Digital transformation, scalable General Partner General Partner international businesses Website www.targetglobal.vc Photo Alex Frolov Contact Email [email protected] General Partner Contact Phone n/a INVESTOR BOOK 147

Top Tier Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices San Francisco, California 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. Active Markets Global 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 Founded 1999 diverse portfolios that are built to spot emerging trends early and to deliver optimal venture returns. Employees 25-35 Current Fund Size SELECTED PORTFOLIO COMPANIES Use of Debt No 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. AUM $7.6b capital committed Smartsheet is a collaborative, cloud‐based project management and workflow tool which utilizes a grid‐like interface Target Investment that resembles Excel. The software platform is used by individuals and companies of all sizes to manage projects and Size $5m - $25m 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. Target Geographies Global 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 Target Sectors Technology and Healthcare detection; incident response that combines a recorded history with live remediation; and prevention that is proactive and customizable. Investment Style Full Portfolio www.ttcp.com/#portfolio KEY CONTACTS Deal Structures Flexible • Jessica is a Managing Director and member of the Investment Committee at Jessica Archibald Top Tier Capital Partners. She is dedicated to the fund Investment Team and Key Investment Thoughtful venture capitalists and passionate currently leads the capital formation efforts for the Firm. She was the driving Criteria entrepreneurs looking to evolve the European Managing Director force behind establishing the Investment Team’s database, The Mine. It was ecosystem with a global partner Jessica’s analytical vision to leverage data to enhance the risk-adjusted Email: [email protected] returns for Top Tier’s investors. Her focus on data has helped the Investment Website www.ttcp.com Teambalancethe promisefrontier technologies offer with the financial returns LPs desire/. Contact Email [email protected] Contact Phone +1 415 835 7500 INVESTOR BOOK 148

Verdane KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 6 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. Active Markets Northern Europe Verdane approaches each investment by seeking to build value and boost growth. Taking advantage of deep industry insights and expertise, the Founded 2003 (spin-out from FSV founded 1985) 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 Employees 36 (of which 36 in Europe) deliver more than capital. Current Fund Size Verdane Capital IX: GBP 255m Verdane Edda: GBP 255m SELECTED PORTFOLIO COMPANIES Use of Debt Yes European leader in digital parking marketplace. Verdane came on board in 2012 and from 2012 to 2017, revenue AUM GBP 1bn 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 Target Investment Size GBP 10m –GBP 50m 2016 and supported Smava in M&A discussions and adding adjacent products to build tighter customer relationships. Target Geographies Northern Europe 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. Target Sectors Consumer Internet, Software, Energy, Advanced Industrial Full Portfolio www.verdane.com/holdings Investment Style Active KEY CONTACTS Deal Structures Control, joint control, minority Name: Henrik Aspén • Henrik is the co-head of the Consumer Internet sector at Verdane and has Rapid growth trajectory, supported by Photo Title: Partner been active in the acquisition of several portfolios and direct investments. He Key Investment Criteria long-term structural growth trends with works closely with companies active in the internet retail and software space. technology as a fundamental driver Email: [email protected] • Companies: EasyPark, Smava, Desenio, Eleven Website www.verdane.com Name: Emanuel Johnsson • Emanuel has more than 10 years of experience from growth equity Title: Director transactions and manging assets within the broader cloud enabled software Contact Email [email protected] industry Email: [email protected] • Companies: Hornetsecurity, Searchmetrics Contact Phone +46 844 682 840 INVESTOR BOOK 149

Vitruvian Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Munich, Stockholm, Vitruvian is a growth investment firm, offering innovative companies and entrepreneurs both primary and secondary capital across majority and San Francisco, Luxembourg 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, Active Markets Europe & US 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 Founded 2007 offices in London, Munich, Stockholm, San Francisco and Luxembourg. Employees 51-100 (of which over 50 in Europe) Current Fund Size €2.4bn Use of Debt Yes SELECTED PORTFOLIO COMPANIES World’s largest luxury online destination, enabling high end fashion boutiques to sell branded luxury apparel and AUM €5bn accessories to consumers in more than 150 countries. Listed on NYSE since September 2018. Target Investment Size €30m - €250m 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. Target Geographies Europe & US 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. Technology & Internet, Life Science & Target Sectors Healthcare, Travel & Transportation, Germany's largest independent consumer loan portal connecting borrowers with personal loan offerings from over Financial Services, Business Services 25 partner banks. The Company has originated over €3 billion in loans to date. Investment Style Active KEY CONTACTS Deal Structures Majority, Minority, Flexible Torsten Winkler • At Vitruvian since 2009, responsible for the firm’s activities in DACH and focused on Technology and Life Partner Sciences & Healthcare sectors • Companies include Deposit Solutions, Doctari, Smava, Technogroup and Verastar Key Investment Criteria Strong growth supported by sustainable business model Thomas Studd • At Vitruvian since 2009, focused on the Media and Technology, Telecoms & Internet sectors Partner • Companies include Just Eat, Farfetch, Ebury, Trustpilot, Vestiaire Collective and Carwow Website www.vitruvianpartners.com Jussi Wuoristo • At Vitruvian since 2007, responsible for the firm’s activities in the Nordics and focused on Technology, Internet Partner and Business Services sectors Contact Email [email protected] • Companies include Just Eat, Easypark, Smava, CRF Health, Unifaun, Accountor and Benify Sophie Bower-Straziota • At Vitruvian since 2012, focused on the Financial Services, Internet and Software sectors Contact Phone +44 20 7518 2883 Managing Director • Companies include Darktrace, CFC Underwriting, Phlexglobal, CRF Health, Farfetch, Skyscanner and RL360 INVESTOR BOOK 150

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AnaCapFinancial Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London AnaCapis 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 Active Markets Europe jurisdictions. The AnaCap private equity funds target buy-outs of European mid-market Financial Services companies, investing across the sector from capital- Founded 2005 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. Employees 63 Current Fund Size €725m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Heidelpay is a DACH omni-channel payment service provider with a leading technology platform for e-commerce AUM €3.8bn Target Investment Size €50 - €250m Ellisphere is a leading French B-2-B credit data-service provider, delivering solutions for Credit Risk Management, Marketing, and Compliance Target Geographies Europe Nest Bank is a full-service Polish Retail and SME bank with a market leading digital platform and distribution model Target Sectors Financial Services Full Portfolio • www.anacapfp.com/portfolio Investment Style Active KEY CONTACTS Deal Structures Control or Influential Minority Nassim Cherchali • Nassim is a Managing Director in the M&A team Digital Transformation, High Growth, Managing Director • He joined AnaCap in 2008 and previously worked at Lehman Brothers and Key Investment Criteria Scalable Operating Model, Clear Path to PAI Partners Profitability Email: [email protected] Website www.anacapfp.com Tassilo Arnhold • Tassilo is a Managing Director in the M&A team Contact Email [email protected] Managing Director • He joined AnaCap in 2015 and previously worked at Barclays Capital and Wills Capital Markets & Advisory Email: [email protected] Contact Phone +44 207 070 5250 INVESTOR BOOK 152

Apax Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION London, Barcelona, New York, Hong Kong, With over $40 billion raised over the last 30 years, Apax Funds have a proven strategy of sector focused investing, looking for opportunities where Offices Munich, Mumbai, Sao Paolo, Shanghai, Tel capital, experience and insight can release the potential of businesses and lead to significant growth. Our sector focus, combined with an established Aviv network of local offices and a global platform, represents the foundation of Apax Partners' strategy. Currently, the portfolio companies in which our Active Markets Global funds invest employ in excess of 270,000 and have an enterprise value in excess of €72 billion. Founded 1969 Employees Approx. 100 Current Fund Size $7.5bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes SoYoung: The largest online marketplace for aesthetic medical treatments in China AUM $40bn Target Investment Size €200m - €500m Leading B2B travel technology and service provider Target Geographies North America, Europe, Brazil, India, The leading consumer internet business in Israel with the largest digital yellow pages, largest online price China comparison and several other leading specialized websites including Rest, Doctors and Mitchatnim. Target Sectors Consumer. Healthcare, Services, Tech & Telco Full Portfolio • www.apax.com/investments/all-investments/ Investment Style Active KEY CONTACTS Deal Structures Control • Mark Beith is Managing Director of Apax Digital and leads the team in Europe. Mark Beith He focuses on minority and buyout investments in high-growth software, Key Investment Criteria Sector focus Managing Director internet and tech-enabled services businesses. He joined Apax in 2017 and has over 13 years of experience. He is based in London. Website www.apax.com Nicolas Dupuis • Nicolas Dupuis joined Apax Digital in 2017 as part of the team covering Contact Email N/A Europe. He focuses on minority and buyout investments in high-growth Associate software, consumer internet and tech-enabled services businesses. Contact Phone +44 207 872 6380 INVESTOR BOOK 153

Ardian KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Paris, London, Frankfurt, Milan, Madrid, Ardian, founded in 1996 and led by Dominique Senequier, is an independent private investment company with assets of US$62bn managed or Offices Zurich, New York, San Francisco, Beijing, advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and Singapore, Jersey and Luxembourg delivers investment performance to its global investors while fuelling growth in economies across the world. Ardian’s investment process embodies Active Markets Global three values: excellence, loyalty and entrepreneurship. Founded 1996 Employees >490 Current Fund Size Direct Fund: $16bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes 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). AUM $67bn Sarbacane Software was founded in 2001 and has established itself over the past 15 years as a leader in email and Target Investment Size n/a 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 Target Geographies Global services for architects and construction professionals (ARCHICAD, ClimaBIM, Rhino 3D, BIMoffice), and a key player in the imaging segment (Twinmotion, Artlantis, iVIsit360, RenderIn). Target Sectors Consumer Goods & Services, Energy, Business Services and TMT Full Portfolio • www.ardian.com/en/companies-list Investment Style Active KEY CONTACTS Deal Structures Control Yannic Metzger • Yannic Metzger joined Ardian in Frankfurt in 2015 as an Analyst within the Investment Manager Expansion team. Previously, he worked in the private equity practice of Key Investment Criteria n/a Deutsche Beteiligungs AG and in Commerzbank’s leveraged finance Email: [email protected] department. Website www.ardian.com Contact Email [email protected] Contact Phone +1 212 641 8604 INVESTOR BOOK 154

Bain Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 14 offices worldwide 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 Active Markets Global 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. Founded 1984 Employees >900 Current Fund Size > $75bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes SurveyMonkey is the world’s leading online survey platfrom AUM > $75bn Target Investment Size n/a DocuSign is the global standard for Digital Transaction Management (DTM) Target Geographies Global Flywire is a leading provider of international payment solutions, connecting their clients with other businesses and consumers on six continents Target Sectors Across sectors Full Portfolio • www.baincapitalventures.com/portfolio/ Investment Style n/a KEY CONTACTS Deal Structures n/a Tobias Weidner • Previously: Wittur Board Director, Minxli Board Director Key Investment Criteria n/a Principal Website www.baincapital.com Contact Email n/a Contact Phone n/a INVESTOR BOOK 155

Capvis Equity Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Baar, Frankfurt, Shanghai 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. Active Markets Switzerland, Germany and Austria 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 Founded 1990 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. Employees 11 - 50 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 Current Fund Size €720m 1990,Capvis has concluded 52 transactions with a total volume of more that EUR 5 billion. Use of Debt Yes SELECTED PORTFOLIO COMPANIES 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 AUM €1.9bn technology and innovation. (Fund Capvis III) Target Investment Size €50m - €500m 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) Target Geographies Switzerland, Germany and Austria 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) Service/Trading, Engineering, Consumer Target Sectors Goods, Industrial Goods, Electronics, Automotive Supplier, Chemicals Full Portfolio • www.capvis.ch/en/capvis-funds/structure-capvis-funds-overview.html Investment Style Active KEY CONTACTS Deal Structures Majority, Minority Jens Abend • Jens has been working with Capvis since 2016. Jens was previously CEO of Market Advisor LR-Health & Beauty Systems GmbH, Ahlen and spent over 15 years at Key Investment Criteria Dynamic entrepreneurialism focused on McKinsey & Company. Inc. Jens was a member of the board at Fielmann AG. achieving ambitious targets Email: [email protected] Jens holds a Dr. rer. pol., from the University of Augsburg. Website www.capvis.ch Contact Email n/a Contact Phone +44 1534780789 INVESTOR BOOK 156

EQT Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices In 14 countries over three continents 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 Active Markets Europe, Asia, US million and EUR 1000 million. Founded EQT Partners AB 1994 SELECTED PORTFOLIO COMPANIES Employees In total: ~562 • Largest Secure SD-WAN Provider in Europe which unites network operations, data analytics, and security operations as a service Current Fund Size EQT VIII: €10.75bn, raised in 2018 • Leading online price comparison site in Italy EQT MM Europe: €1.6bn, raised 2017 Use of Debt Yes • 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 AUM ~ €50bn capital raised in 26 funds intelligence Mid – to Large-Cap companies, Equity • Leading global hotel B2B wholesale platform Target Investment Size investments will typically range between • Music-tech company offering high-quality music, primarily targeting video content production clients, in-store €50m –€1,000m music and streaming platforms Target Geographies Europe • Germany’s largest online retailer for automotive spare parts & accessories Software, IT Services, Data Monetization, Target Sectors Fiber, FinTech, Classifieds / Market Full Portfolio • www.eqt.se/Portfolio-Companies/Current-Portfolio/ places / OPC Investment Style Buyout Investments KEY CONTACTS Deal Structures Control, joint control • Dominik Stein • Florian Funk • Partner, Head of TMT Sector • Partner, Head EQT Mid Market DACH & BeNeLux Key Investment Criteria Growth opportunities, leading market • Joined EQT in September 2006 • Joined EQT in May 2008 position, performance improv. potential • Email: [email protected] • Email: [email protected] Website www.eqt.se • Jens Zuber • Hajo Krösche • Director, Deputy Head of TMT Sector • Director Contact Email [email protected] • Joined EQT in April 2011 • Joined EQT in August 2013 • Email: [email protected] • Email: [email protected] Contact Phone +46850655300 INVESTOR BOOK 157

FSN Capital Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Oslo, Copenhagen, Stockholm, Munich 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. Active Markets Nordics Founded 2000 Employees 30 - 40 (of which all in Europe) Current Fund Size €1bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes Mørenot Group consists of companies with leading positions in the international market as suppliers to customers in AUM €2.1bn fisheries, aquaculture and marine seismic Target Investment Size n/a Gram Equipment is a global market leader within advanced ice cream processing equipment Target Geographies Nordics Holmbergs Safety System is a leading global supplier of mission critical safety systems to the child safety seat industry Target Sectors Industrial, Business Services, Consumer & Retail, Healthcare & Education and TMT Full Portfolio • www.fsncapital.com/index.php/investments Investment Style Active KEY CONTACTS Deal Structures n/a Justin Kent • Justin joined FSN Capital in 2018. Prior to joining FSN, Justin spent nearly four years at Capvis Equity Partners, where he was responsible for Key Investment Criteria n/a Partner investments in the Consumer sector. Before that, Justin spent nearly eight years at The Riverside Company, focusing on investments throughout Email: [email protected] Europe. Website www.fsncapital.com Contact Email [email protected] Contact Phone +45 33134800 INVESTOR BOOK 158

GENUI KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Hamburg 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 Active Markets Austria, Germany, Switzerland making substantial investments in the respective companies. Founded 2014 Employees 4-10 (of which all in Europe) Current Fund Size €407m Use of Debt No SELECTED PORTFOLIO COMPANIES AUM n/a Leading food manufacturer for premium mass customised muesli in Germany Target Investment Size €15m - €75m Leading German market online boutique for luxury and premium handbags and related accessories Target Geographies Austria, Germany, Switzerland Fast growing B2B e-commerce player Retail, E-Commerce Technology, Media, Target Sectors Health, Marketing, Analytics, Digital Services, Software Investment Style Active KEY CONTACTS Deal Structures Majority, Minority, Joint Control, Control Sumeet Gulati Partner • Previously: Partner at EQT Partners, Angermann & Partner Consulting Key Investment Criteria Strong management, profitable growth- Email: [email protected] oriented business, established business Patrick Gehlen Website www.genui.de Partner • Previously: Investment Director at EQT Partners, Senior Banker at Deutsche Bank Email: [email protected] Contact Email [email protected] Oliver Serg Partner • Previously: Investment Director at EQT Partners, CFC Industriebeteiligungen Contact Phone +49 40 32086690 Email: [email protected] (small/mid cap special situations fund) INVESTOR BOOK 159

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

Macquarie Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Sydney, New York, London, San Macquarie Group Ltd. is a leading provider of banking, financial, advisory, investment and funds management services through its six core Francisco, Hong Kong and others segments: Macquarie Funds Group, Corporate and Asset Finance, Banking and Financial Services Group, Macquarie Securities Group, Macquarie Capital; and Fixed Income, Currencies and Commodities. Active Markets Global Macquarie Capital is the merchant banking segment of Macquarie and provides M&A and restructuring advisory and debt and equity capital raising Founded 2000 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. Employees 1,136 (as of March 2017) Current Fund Size n/a Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUM n/a Takeaway.com is an online food delivery marketplace Target Investment Size $20m - $200m IO.com provides modular data center technology and services for enterprises, governments and service providers. Target Geographies Global CommonBond is an online lending platform that connects borrowers and investors to make education finance better Infrastructure, Utilities and Reneables, Target Sectors Real Estate, TMT, Media, Entertainment & Tech, Resources, Industrials Full Portfolio • www.macquarie.com Investment Style Active & Passive KEY CONTACTS Deal Structures Flexible Market Leading, High Growth, Best-In- Ben Bailey Elmar Broscheit Key Investment Criteria Class, Management, Mature Companies, Head of EMEA TMT Senior Vice President Cash Flow Characteristics, Late Growth Website www.macquarie.com Stephan Feilhauer Constantine Manos Contact Email n/a Senior Vice President Senior Vice President Contact Phone +1 212 2310409 INVESTOR BOOK 161

Maryland KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Hamburg 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 Active Markets Global 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. Founded 2004 Employees 7 Current Fund Size N/A Use of Debt Yes SELECTED PORTFOLIO COMPANIES Global leader in Testing, Inspection & Certification (ship classification, oil & gas, energy and business AUM N/A assurance/ISO certification) #3 global TIC services company, €2.5bn revenues, 13,500 employees Target Investment Size €50m - €1bn Innovative, Italian fast-casual restaurant concept 180 restaurants in 32 countries worldwide (€0.5bn system-wide revenues) Target Geographies Europe, Americas Mayfair acquired 44% holding in 2011 Support for global roll-out of the business Target Sectors Digital, Media, Consumer, #3 global sporting goods brand leading in the sport lifestyle segment Business Services Mayfair acquired 27% holding in 2005; sold to PPR in 2007 Investment Style N/A Deal Structures control, joint control, minority, etc. KEY CONTACTS long-term growth prospects Hinrich Stahl • Responsible for Mayfair’s direct investments since 2004 unique assets Photo Key Investment Criteria global business model Managing Director • Previously Apax Partners and McKinsey & Co. low capital intensity Email: [email protected] • MBA INSEAD (Fontainebleau) strong management team Website N/A Photo Helge Lützen • Joined Maryland in 2008 Contact Email [email protected] Director • Previously Citigroup Global Markets Email: [email protected] • EBS Oestrich-Winkel Contact Phone N/A INVESTOR BOOK 162

Oakley Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, UK Oakley Capital is a leading mid-market private growth investor with over €1.6 billion under management. We invest primarily in Western Europe and Munich, Germany 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 Active Markets Western Europe, North America 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. Founded 2001 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) Employees 30 – 50 Weare 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. Current Fund Size €800m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Logo • Founded in 2008, Facile is Italy’s leading online destination for consumers to compare prices for motor AUM €1.6bn insurance, energy, telecoms and personal finance • TechInsights is a global leader in the intellectual property and technology intelligence services market. The Target Investment Size €50m –€100m business specialises in reverse engineering, used to prove patent infringement and track innovation in the semi-conductor industry Target Geographies Western Europe, North America Logo • Plesk is one of the most widely used control panels and software platforms for simplifying the lives of developers and Web Professionals Target Sectors Digital Consumer, TMT, Education Full Portfolio • www.oakleycapital.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures Primarily majority Arthur Mornington • Arthur has 15 years of private equity experience. He was previously a Growth investments Photo Partner partner at Charterhouse, where he was involved in origiination, execution Key Investment Criteria (carve-outs, buy & build, often founder- and Management – especially in the media, education and business led) Email: [email protected] services sectors. Website www.oakleycapital.com Ralf Schremper • Ralf has more than 15 years of M&A and investment experience. He Contact Email [email protected] Photo Partner previously served as a Member of the Executive Board and CIO at ProSiebenSat.1 SE. His sector experience includes media, digital, Email: [email protected] marketing services, commerce and healthcare. Contact Phone +44 (0)207 766 6900 INVESTOR BOOK 163

Permira KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Frankfurt, London, Luxembourg, Madrid, Permira is a global investment firm that finds and backs successful businesses with ambition. Founded in 1985, the firm advises funds with a total Offices Milan, Paris, Stockholm, New York, Menlo committed capital of approximately €32 billion. Park, Hong Kong, and others Active Markets Global ThePermira 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, Founded 1985 Industrials and Technology. Employees 240 Permira employs over 200people including 130 investment professionals in 14 offices across North America, Europe and Asia. Current Fund Size €7.5bn SELECTED PORTFOLIO COMPANIES Use of Debt Yes Klarna provides e-commerce payment solutions for merchants and shoppers AUM €32bn Target Investment Size n/a TeamViewer is an all-in-one solution for remote access, support, collaboration and desktop sharing over the internet Target Geographies Europe, North America and Asia Magento is the leading platform for open commerce innovation Target Sectors Consumer, Financial Services, Healthcare, Industrials, Technology Full Portfolio • www.permira.com/portfolio/ Investment Style Active KEY CONTACTS Deal Structures n/a Dipan Patel Andrew Young Key Investment Criteria n/a Partner Principal Website www.permira.com Stefan Dziarski Contact Email n/a Partner Contact Phone n/a INVESTOR BOOK 164

TPG KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices 17 offices worldwide ▪ Founded in San Francisco in 1992, TPG is a global alternative asset firm with more than $94 billion of assets under management ▪ Thefirm has a long history of investing in change, growth, and innovation through a platform that spans private equity, credit, public equity, real Active Markets Global estate, and impact investing. Launched in 2016,TPG’s $2 billion Rise Fund is considered the largest private impact fund ever raised ▪ TPGis a hands-on partner to entrepreneurs, founders, and management teams in helping them grow and scale their business. The firm has a Founded 1992 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 Employees >500 professionals globally firm to help its partners build their businesses, find creative solutions, and unlock greater possibilities Current Fund Size Multiple platforms Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUM $94bn Target Investment Size Flexible Target Geographies Global Target Sectors Across sectors Investment Style Active Full Portfolio: https://www.tpg.com/portfolio Deal Structures Control, minority KEY CONTACTS Peter James Key Investment Criteria Thematic focus Malte Janzarik Vice President Partner Website www.tpg.com Healthcare Contact www.tpg.com/contact Scott Myers Esat Kolege Vice President Vice President, Contact Phone +44 (0) 20 7544 6500 Software Data and Tech Services INVESTOR BOOK 165

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Bootstrap Europe KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Luxembourg, Zurich, London, Paris 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. Active Markets Western Europe, Turkey 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. Founded 2014 Employees 4-10 (of which all in Europe) Current Fund Size €80m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Full Portfolio • www.bootstrap-europe.com/transactions AUM €100m Target Investment Size €1m - 10m Target Geographies Western Europe, Turkey Target Sectors Technology, Life Sciences Investment Style Active KEY CONTACTS Deal Structures Venture Debt Stephanie Heller • Stephanie is a partner and co-founder at Bootstrap, based in Zurich and Lon- Key Investment Criteria Innovative, fast growing, can sustain Managing Partner don, where she focuses on the sourcing, risk evaluation, negotiation and due monthly reimbursements diligence of new investment opportunities [email protected] Website bootstrap-Europe.com Fatou Diagne • Fatou is a partner and co-founder at Bootstrap, based in Zurich, where she Contact Email [email protected] Managing Partner focuses on the sourcing, risk evaluation, negotiation and due diligence of new [email protected] investment opportunities Contact Phone +41 79 310 6978 INVESTOR BOOK 167

Columbia Lake Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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 Belgium, Denmark, Finland, France, 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 Active Markets Germany, Ireland, Norway, Spain, 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 Sweden, Switzerland, UK 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. Founded 2014 Employees 4 - 10 (of which 8 in Europe) Current Fund Size $120m Use of Debt Yes SELECTED PORTFOLIO COMPANIES AUM $120m EyeEm is a mobile app for amateur photographers with >20 million users worldwide (Berlin-based). Target Investment Size $1m - $10m Amplience delivers rich content production, analytics and publishing, enabling more than 200 leading brands to improve content performance Belgium, Denmark, Finland, France, Target Geographies Germany, Ireland, Norway, Spain, Machine learning data transformation and analytics solution for insurance professionals Sweden, Switzerland, UK E-Commerce Technology, Marketplaces, Target Sectors Travel & Transportation, FinTech, Marketing, Analytics Full Portfolio • www.crunchbase.com/organization/columbia-lake-partners Investment Style Active KEY CONTACTS Deal Structures Growth finance George Bartlett • George is an Investment Manager at Columbia Lake Partners, a European debt fund based in London with $250 million in deal capacity. George focuses High growth cash burning technology Investment Manager on investing in enterprise software and consumer businesses. He is Key Investment Criteria companies, typically working alongside an responsible for deal sourcing, due diligence and working with portfolio equity sponsor Email: [email protected] companies. Website www..clpgrowth.com Craig Netterfield • Craig is the Founding Partner at Columbia Lake Partners, a European growth Managing Partner fund based in London with $250 million in deal capacity. He originally set up Contact Email [email protected] the fund in 2014, having previously worked as a Partner for 9 years at Email: [email protected] Wellington, a North American venture debt fund. Contact Phone n/a INVESTOR BOOK 168

Davidson Technology Growth Debt KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices Berlin Growth Debt facility of 2 to 10m to companies with min 10m of annual revenues Active Markets Germany Founded 2015 Employees 4 - 10 (of which all in Europe) Current Fund Size €100m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Tausendkind operates as an e-commerce one-stop shop for infants up to the age of eight AUM €25m MONOQI is all about passion for design, bringing amazing products from great international designers to their Target Investment Size €2m - €10m exclusive members, every day Target Geographies Germany, Israel, Switzerland, UK SoundCloud is a social sound platform where anyone can create and share sounds Target Sectors E-Commerce Technology, Marketplaces, Media, Financial Services, B2B, Mobile Full Portfolio • www.davidson-capital.com Investment Style Active KEY CONTACTS Deal Structures Lead Eran Davidson • Raising and managing six Venture Capital funds since 1996, this is Eran’s Min. €10m annual revenues, loan facility Managing Partner fund #7m, first German Venture Debt fund and market leader, with already Key Investment Criteria should bring the company to break-even five por- tfolio companies in one year. Eran founded Hasso Plattner Ventures Email: [email protected] Germany, Europe and South Africa and was in charge of HP’s Family Office Website www.davidson-capital.com Contact Email [email protected] Contact Phone +49 30 2360767 INVESTOR BOOK 169

Global Growth Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Berlin • 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 Active Markets Global, focus Europe • Focus on technology-enabled businesses (no medtech / pharma) • Offer structuring know-how across multiple jurisdictions, speed of execution and efficient decision-making process Founded 2017 • Our network of relationships allow us to have a trully global reach while offering you knowledge of local law Employees 3 Target Fund Size €500m SELECTED PORTFOLIO COMPANIES Use of Debt Yes SIZE: €3– 50million AUM €300m Target Investment Size €3m - €50m TENOR: 3–48months Target Geographies Global RETURN: Flexibility on structure, return components and/or equity upside Target Sectors Agnostic (except biotech) USE OFPROCEEDS: Growth, acquisition financing, refinancing, shareholder events Investment Style n/a KEY CONTACTS Deal Structures Working capital lines, fintech, term loans OlyaKlueppel Partner Key Investment Criteria Proven business model +41792974153 [email protected] Website www.globalgrowthcap.com Harsh Patel Contact Email [email protected] Partner +447903888632 [email protected] Contact Phone +41 79 297 4153 INVESTOR BOOK 170

Harbert European Growth Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London 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 Active Markets Europe network. Founded 2013 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, Employees 4 - 10 (of which 9 in Europe) working capital requirements, acquisitions, equipment purchases, bridge loans and various forms of recapitalization. Current Fund Size €120m SELECTED PORTFOLIO COMPANIES Use of Debt Yes Gets videos seen, shared and loved across the open web for brands that want to move people, not just reach AUM €120m people Target Investment Size €2m - €30m Offers designer eyewear for men and women Target Geographies Pan-European UK-based online retailer of furniture and homewares Target Sectors Technology, Life Sciences Full Portfolio • www.harbert.net/investment-strategies/private-capital/european-growth-capital/ Investment Style Flexible KEY CONTACTS Deal Structures Venture Debt David Bateman Managing Director • Co-Founder and Co-Managing Partner of HEGC, David has been investing in Key Investment Criteria Growth Stage Business European growth stage businesses for over 10 years Email: [email protected] Website www.harbert.net Johan Kampe • Co-Founder and Co-Managing Partner of HEGC, Johan has been investing in Contact Email [email protected] Managing Director European growth stage businesses for over 10 years Email: [email protected] Contact Phone n/a INVESTOR BOOK 171

Kreos Capital KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Stockholm, Herzliya Pituach, Kreos was founded 19 years ago with the single mission of pioneering unique financing solutions for high-growth companies across Europe and St. Helier, Luxembourg 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 Active Markets Europe, USA, UK, Israel unique challenges that they face as global competitors. Founded 1998 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, Employees 11-50 time-consuming audits, share revaluation, substantial equity dilution, deposits or personal guarantees. The Kreos team has the experien- ce to understand what companies across all stages require, and is able to provide debt funding facilities that meet the real-world demands of growing Current Fund Size €400m businesses and equity sponsors and investors. Use of Debt Yes SELECTED PORTFOLIO COMPANIES Kreditech Group’s mission is to improve financial freedom for the underbanked with the use of technology. Com- AUM > €1.8bn 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 Target Investment Size Up to €15m Abiquo is a leading developer of Cloud management solutions Target Geographies Europe and Israel 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 Services, Cleantech, Communcation, drive marketing efficiency (both from a cost and performance point of view) Target Sectors Consumer, Life Sciences, Semiconductors, Software, Gaming, E- Commerce Full Portfolio • www. capital.com/portfolio/ Investment Style n/a KEY CONTACTS Deal Structures Minority • Mårten has more than 20 years of financial industry experience Marten Vading • Previously: Director at UBS Warburg’s technology investment banking arm and Management Consultant at Ernst & Young International Key Investment Criteria High-growth companies Partner • M.Sc. from the Stockholm School of Economics and the Wharton School of the University of Pennsylvania Website www.kreoscapital.com Contact Email [email protected] Contact Phone +44 20 77583450 INVESTOR BOOK 172

Silicon Valley Bank KEY CORPORATE FACTS / KPIS LENDER DESCRIPTION Over 30 offices in the US, UK, China, Offices Israel and Germany – with representation About Silicon Valley Bank in Ireland and Canada For more than 35 years, Silicon Valley Bank has helped innovators, enterprises and their investors move bold ideas forward, fast. Today, we provide Founded 1983 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. Employees 2000+ (250 are in Europe) www.svb.com/uk We are the only bank in the UK focused solely on Current Fund Size n/a the innovation economy. We work with the brightest Use of Debt Yes – debt provider mindsin technology –and can help you move your big idea Website svb.com/uk forward. Contact Email [email protected] Financial highlights Where innovation can be found At End Q22018 Global Locations UK and Germany US Ireland Israel China $55.9bn $26.0bn $124.7b Assets Loans Total client funds n *Total client funds includes on-balance sheet deposits and off-balance sheet client investment funds ⚫SVB Financial Group’s offices ⚫SVB Financial Group’s international banking network INVESTOR BOOK 173

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