INVESTOR BOOK

EDITION JUNE 2017

1 Table of Contents

Program 5

Venture Capital 9

Growth 136

Debt 158

Buyout 163

2 Table of Contents

VENTURE CAPITAL

3TS Capital Partners 10 Creathor Venture 47 Iris Capital 84 STS Ventures 121 3w Ventures 11 cumberland.vc 48 K Fund 85 Sued Beteiligungen GmbH 122 83North 12 Data Ventures 49 K-Invest 86 TA Ventures 123 Accel 13 Deutsche Börse DB1 Ventures 50 Kizoo Technology Capital 87 Target Global 124 14 Deutsche Telekom Capital 51 Kreos Capital 88 Target Partners 125 Ad4Ventures 15 DvH Ventures 52 Lakestar 89 Techstars METRO Accelerator 126 Alchimia Fund 16 DN Capital 53 Lumia Capital 90 Tengelmann Ventures 127 Aleph 17 Earlybird Venture Capital 54 MairDumont Ventures 91 Uplift Ventures 128 Allianz Ventures 18 e.capital 55 MCI Capital 92 U-Start 129 19 EBRD Venture Capital 56 Media + More Beteiligungs 93 Vito Ventures 130 Ariadne Capital 20 Edison Venture Capital 57 Nauta Capital 94 Vorwerk VenturesW Ventures 131 Astutia Ventures 21 Eight Roads Ventures 58 next media accelerator 95 GmbH 132 Atlantic Labs 22 Endeit 59 Next World Capital 96 WestTechVenture 133 Atomico 23 eValue Group 60 NGP (Nokia Growth Partners) 97 XAnge 134 AXA Strategic Ventures 24 eventures 61 Northzone 98 Zouk Capital 135 Axel Springer Accelerator 25 Felix Capital 62 Nova Founders Capital 99 b10 Early Venture Capital 26 FinLeap 63 P101 Ventures 100 Balderton Capital 27 Finparx 64 Partech Ventures 101 BauerVenture Partners 28 GENUI 65 Piton Capital 102 BayBG 29 German Startups Group 66 Pomegranate Investment 103 BCG Digital Ventures 30 Global Founders Capital 67 Prime Ventures 104 Bellevue Investments 31 GMPVC German Media Pool 68 Project A 105 Innovation Ventures 32 GR Capital 69 Quadriga Capital 106 Berlin Technologie Holding 33 Grazia Equity GmbH 70 Redalpine Venture Partners 107 Berlin Ventures 34 Hanse Ventures 71 Redline Capital 108 Berliner Volksbank Ventures 35 Hedosophia 72 Redstone Digital 109 Bessemer Venture Partners 36 Heinen Verlag Ventures 73 Rheingau Founders 110 Blumberg Capital 37 High-Tech Gruenderfonds 74 ricon GmbH 111 bmp Ventures AG 38 Holding Italiana 14 (H14) 75 Rocket Internet 112 boldstart ventures 39 HV Holtzbrinck Ventures 76 RTAventures VC 113 btov Partners 40 Ho.Re.Ca.digital 77 ru-Net 114 Capnamic Ventures 41 idinvest 78 Senovo 115 Channel 4 42 iLab Ventures 79 Seventure Partners 116 Check24 Ventures 43 Innogest SGR 80 SevenVentures 117 Cherry Ventures 44 Innogy Ventures GmbH 81 Shark Bites 118 Concentric 45 Inven Capital 82 SpeedInvest 119 Coparion 46 Inventure Partners 83 SpeedUp Venture Capital 120

3 Table of Contents

GROWTH CAPITAL DEBT

BlackFin Capital Partners 137 Bootstrap Europe 159 Bain Capital 164 Burda Digital 138 Columbia Lake Partners 160 Bregal Investments 165 Burda Principal Investments 139 Davidson Capital GmbH 161 Capvis Equity Partners 166 Catalyst Investors 140 ESO Capital 162 enern 167 Egmont 141 EQT 168 ESN Capital Group 142 General Atlantic 169 eurazeo 143 Hellman & Friedman 170 frog 144 hg capital 171 Generation IM 145 KKR 172 Private Capital 146 Macquarie Capital 173 Highland Capital Partners 147 Maryland 174 Harbert European Fund 148 Mid Europa Partners 1745 HPE 149 Riverside Company 176 Insight Venture Partners 150 Silver Lake Partners 177 Kinnevik 151 Summit Partners 178 One Peak Partners 152 Warburg Pincus 179 Scottish Equity Partners (SEP) 153 Spectrum Equity 154 TA Associates 155 TCV 156 Vitruvian Partners 157

4 Lunch may also beconsumed in thepresentation rooms SESSION TITLE COLOSSEUM -Day1 Ask Market- Consumer Goods, Healthcare, Industrials, Welcome Breakfast Fintech Payments Travel & Tourism Science & Oli! places Retail & Ecommerce Learning Automation & IoT Note Lunch served between11:30 - 15:00 Q&A K FC FC CP CP FC CP FC CP FC K CP FC CP CP FC CP FC CP FC CP K K K CP K K FOLLOW YO UR DREAMS COMPANY CP Company Presentation 19:20 -23:00 10:25 -10:40 10:15 -10:25 10:05 -10:15 18:35 -18:50 15:05 -15:20 14:55 -15:05 14:40 -14:55 14:30 -14:40 14:15 -14:30 13:55 -14:05 13:40 -13:55 13:30 -13:40 13:20 -13:30 13:10 -13:20 13:00 -13:10 12:50 -13:00 12:40 -12:50 12:30 -12:40 12:20 -12:30 12:10 -12:20 12:00 -12:10 18:50 -19:20 18:05 -18:15 17:55 -18:05 17:45 -17:55 17:35 -17:45 17:25 -17:35 17:15 -17:25 17:05 -17:15 16:55 -17:05 16:45 -16:55 16:35 -16:45 16:25 -16:35 16:15 -16:25 16:00 -16:15 15:50 -16:00 15:40 -15:50 15:30 -15:40 15:20 -15:30 10:40 -10:50 18:25 -18:35 18:15 -18:25 11:50 -12:00 10:50 -11:00 14:05 -14:15 11:40 -11:50 11:30 -11:40 11:20 -11:30 11:10 -11:20 11:00 -11:10 9:55 -10:05 8:00 -10:00 9:45 -9:55 9:35 -9:45 9:25 -9:35 8:30 -9:10 9:10 -9:25

TIME 22 June2017 Photobox JUNIQE JUNIQE Karstadt METRO AG Teufel Auto1 Babylon Health Udemy Statista Babbel Porsche WATTx (Viessmann Group) tado° Sigfox Klöckner &Co ThyssenKrupp Siemens Lakestar Siemens Axel SpringerDigitalVentures NOAH Advisors EY Rocket Internet COMPANY ProSiebenSat.1 MediaSE Networking Drinks Axel Springer WeFox Target Global Finanzcheck Finanzen Group Digital Origin auxmoney Kreditech Investing.com Deposit Solutions Finleap OurCrowd ShapeShift Blockchain Starling Bank Deutsche Börse N26 Deutsche Bank SumUp Simplex Ingenico Fraugster Concardis Stripe Mastercard Adyen TUI Priceline Group trivago GetYourGuide Trainline Kiwi.com OneTwoTrip Student.com Phocuswright Deutsche Bahn Epic Foundation K Keynote P Panel Dr. KlausHommels Jody Ford Marc Pohl Lea Lange Dr. StephanFanderl Olaf Koch Sascha Mallah Hakan Koç Thilo Koslowski Bastian Bergmann Christian Deilmann Ludovic LeMoan Gisbert Rühl Dr. ReinholdE. Achatz Cedrik Neike Dr. RichardLutz Andreas Kupke Dirk Proessel Rolf Cederstrom Raffael Johnen Alexander Graubner-Müller Dror Efrat Max vonBismarck Dr. CarolinGabor Jon Medved Erik Voorhees Peter Smith Anne Boden Carsten Kengeter Valentin Stalf Christian Sewing Marc-Alexander Christ Nimrod Lehavi Ludovic Houri Max Laemmle Marcus W. Mosen John Collison Juergen Schuebel Pieter vanderDoes Friedrich Joussen Glenn Fogel Rolf Schrömgens Johannes Reck Clare Gilmartin Oliver Dlouhy Mikhail Sokolov Luke Nolan Simon Lehmann Dr.Parsa Ali Kevin H.Johnson Dr. FriedrichSchwandt Markus Witte Gerhard Cromme Jens Müffelmann Marco Rodzynek Oliver Samwer Thomas Ebeling Mathias Döpfner TeickeJulian Yaron Valler Julie Linn TeiglandJulie SPEAKER Alexandre Mars FC MR Fireside Chat MR MR MR MR MR MR MR MR MR MR POSITION CEO (PorscheDigital) Founder &CEO Chairman CEO Founder &CEO CEO Founder &MD Founder &MD CEO CEO CEO Co-Founder &Co-CEO Founder &CEO CEO Founder &CEO CEO CEO Co-Founder &CEO CEO CEO CTO Member oftheManagingBoard CEO Managing Director CEO Co-Founder &CEO CEO Founder &CEO Founder &CEO CBO &ManagingDirector Managing Partner CEO Founder &CEO Co-Founder &CEO CEO CEO Co-Founder &CEO Deputy CEO Co-Founder Co-Founder &CEO VP Products Founder &CEO CEO Co-Founder &President VP MarketDevelopment CEO CEO CEO Co-Founder &CEO CEO CEO CEO CEO CEO President Founder &CEO CEO CEO CEO General Partner Switzerland, Austria Managing PartnerEY , MR Founder &CEO , NOAH Advisors Founder &CEO, Fireside Chat withMarcoRodzynek Lunch may also beconsumed in thepresentation rooms SESSION TITLE COLOSSEUM -Day2 Online Food NOAH Health & Breakfast Mobility Apps World Luxury & Fashion B2B & SaaS Analytics B2B & SaaS Digital & Media Delivery Startups Insurance Lunch served between11:30 - 15:00 K P CP FC CP P FC CP FC CP CP FC FC K K FC CP CP K CP FC CP FC CP FC FC CP P CP K COMPANY ® ® fresh flower s d elivered CP Company Presentation 18:35 -20:00 14:35 -14:50 10:45 -10:55 18:25 -18:35 14:25 -14:35 14:15 -14:25 14:00 -14:15 14:50 -15:00 10:00 -10:15 17:50 -18:25 17:40 -17:50 17:30 -17:40 17:25 -17:30 17:15 -17:25 16:45 -17:15 16:35 -16:45 16:25 -16:35 16:15 -16:25 16:05 -16:15 15:55 -16:05 15:45 -15:55 15:35 -15:45 15:25 -15:35 15:15 -15:25 15:00 -15:15 13:50 -14:00 13:40 -13:50 13:30 -13:40 13:20 -13:30 13:10 -13:20 13:00 -13:10 12:50 -13:00 12:45 -12:50 12:40 -12:45 12:35 -12:40 12:20 -12:35 12:10 -12:20 10:35 -10:45 10:25 -10:35 10:15 -10:25 10:55 -11:05 11:55 -12:10 1 11:05 -11:20 1 11:30 -11:45 Best ofNOAH16LondonStartups 8:00 -10:00 9:50 -10:00 8:30 -8:45 1:20 -11:30 9:40 -9:50 9:30 -9:40 9:20 -9:30 9:05 -9:20 8:55 -9:05 8:45 -8:55 1:45 -11:55

TIME 23 June2017 Aleph The NextBig Thing CORE Axel Springer NOAH Advisors Closing Remarks Digital McKinsey Innogy Lufthansa NOAH Advisors Day 1Summary NOAH Kickers/NetworkingDrinks Gett Gett car2go DriveNow FlixBus Drivy BlaBlaCar Schaeffler Group Gett Target Global Juno Juno Marley Spoon 10bis Delivery Hero Takeaway.com JUST EAT NOAH Advisors WildWorks Algoriddim Bumble Clue Onefootball BLOOMY DAYS ABOUT(Collins) YOU OUTFITTERY Lyst Farfetch HV HoltzbrinckVentures Zalando Clicktale Clicktale Sisense Datorama Tune AppsFlyer App Annie Similarweb EyeFitU CodeMonkey Studios Beezer Beezer Cognizant JOB TODAY Atomico Pipedrive Salesforce Wix.com Point NineCapital Zendesk Cloudflare Founders Pledge Symptoma Allianz Ventures Prima.it Facile.it Facebook PayPal solarisBank Facebook BILD Group Avira Playbuzz Scout24 Testberichte.de Talenthouse COMPANY K Keynote P Panel Marco Rodzynek Karel Dörner Peter Terium Carsten Spohr Holger Friedrich Dr.Wiele Andreas Marco Rodzynek Martin Ott Dr. FrankKeller Marko Wenthin Martin Ott Donata Hopfen Travis Witteveen Shaul Olmert Greg Ellis Peter Berger Maya Bogle Nadav Zohar Dave Waiser Olivier Reppert Nico Gabriel Jochen Engert Paulin Dementhon Nicolas Brusson Klaus Rosenfeld Dave Waiser Alexander Frolov Igor Magazinik Talmon Marco Fabian Siegel Tamir Carmel Pieter-Jan Vandepitte Jitse Groen Adrian Blair Sophia Rodzynek Clark Stacey Karim Morsy Whitney Wolfe Ida Tin Lucas vonCranach Franziska v. Hardenberg Tarek Müller Julia Bösch Chris Morton Jose Neves Rainer Maerkle Robert Gentz Aaron Watson Dr. LirazMargalit Amir Orad Ran Sarig Peter Hamilton Oren Kaniel Bertrand Schmitt Or Offer Isabelle Ohnemus Yishai Pinchover Roger Gosine Brian Smillie Euan Davis Eugene Mizin Teddie Wardi Timo Rein Alex Kayyal Avishai Abrahami Christoph Janz Mikkel Svane Michelle Zatlyn Eden Shochat David Goldberg Dr. JamaNateqi Min-Sung SeanKim Alberto Genovese Mauro Giacobbe SPEAKER FC MR Fireside Chat MR MR MR MR MR POSITION Managing Director, CentralEurope General Manager, DACH Board Member Managing Director, CentralEurope CEO CEO Founder &CEO CEO COO Co-Founder Founder &CEO Head ofCorporateDevelopment Founder &CEO CEO CEO Founder &MD Founder &CEO Co-Founder &CEO CEO Founder &CEO General Partner CTO Co-Founder &CEO CEO Founder COO CEO COO Interviewer CEO CEO Founder &CEO Co-Founder &CEO Founder &CEO Founder &CEO Co-Founder &MD Founder &MD Co-Founder &CEO CEO General Partner CEO Senior Partner CEO CEO Founder &CEO VP CorporateDevelopment Head ofBehavioralResearch CEO Co-Founder &CEO CEO Co-Founder &CEO Co-Founder &CEO CEO CEO Founder Partner DevelopmentDirector Founder &CEO AVP, Cognizant Technology Solutions CEO Partner Founding Co-CEO Head ofSalesforceVentures Europe CEO Managing Partner CEO Co-Founder Partner Co-Founder &CEO Managing Director President MarketingandClassified AdModels CEO Partner CEO CEO MR , NOAH Advisors Founder &CEO, Fireside Chat withMarcoRodzynek 22-23 JUNE 2017 REGISTER HERE TEMPODROM - BERLIN 110+ Confirmed Speakers Main Stage

EV: €353bn EV: €11.3bn EV: €5.5bn EV: €5.5bn N/A N/A EV: €3.4bn N/A F: €29m N/A N/A EV: €120.8bn EV: €120.8bn EV: €19.8bn EV: €18.4bn EV: €13.1bn EV: €1.5bn

Martin Ott Thomas Ebeling Mathias Döpfner Dr. Andreas Wiele Donata Hopfen Jens Müffelmann Greg Ellis Travis Witteveen Shaul Olmert Maya Bogle Peter Berger Cedrik Neike - Member of Gerhard Cromme Peter Terium Dr. Reinhold Achatz Klaus Rosenfeld Gisbert Rühl

Managing Director, President Marketing & Classified Industrials, Central Europe CEO CEO Ad Models CEO CEO CEO CEO Co-Founder & CEO Co-Founder COO the Managing Board Chairman CEO CTO CEO CEO Digital & Media Automation & IoT

F: €294m F: €50m N/A EV: €114bn EV: €55bn EV: €24.4bn EV: €8.7bn EV: €5.3bn EV: €2.2bn EV: €700m F: €42m F: €8m N/A EV: €84.4 bn EV: €8.6bn EV: €8.1bn EV: €4.3bn EV: €642m

Juergen Schuebel Dr. Frank Keller

Ludovic Le Moan Christian Deilmann Bastian Bergmann Payments Christian Sewing John Collison Ludovic Houri Pieter van der Does Marcus W. Mosen Marc-Alexander Christ Nimrod Lehavi Max Laemmle Glenn Fogel Carsten Spohr Friedrich Joussen Rolf Schrömgens Clare Gilmartin VP Market General Manager CEO CEO Co-Founder & CEO Co-Founder & CEO Co-Founder & CEO CEO Development DACH Deputy CEO President VP Products CEO CEO Co-Founder Co-Founder & CEO Founder & CEO CEO CEO Travel & Tourism Travel

F: €88m F: €55m N/A F: €43m EV: €76.8bn F: €164m F: €30m N/A F: €75.3m N/A EV: €31.7bn EV: €3.0bn EV: €2.5bn EV: €2.4bn F: €149m F: €89m F: €79m F: €61m

Johannes Reck Luke Nolan Oliver Dlouhy Mikhail Sokolov Min-Sung Sean Kim Kevin H. Johnson Markus Witte Dr. Friedrich Schwandt Ali Parsa Dr. Jama Nateqi Euan Davis Michelle Zatlyn Avishai Abrahami Mikkel Svane Bertrand Schmitt Amir Orad Oren Kaniel Or Offer & Learning VP, Cognizant Technology

B2B & SaaS A Co-Founder & CEO CEO CEO CEO Partner CEO CEO Founder & CEO Founder & CEO CEO Solutions Co-Founder Co-Founder & CEO CEO Co-Founder & CEO CEO Co-Founder & CEO Co-Founder & CEO Healthcare, Science Healthcare,

FOLLOW YOUR DREAMS

F: €60m EV: €57m F: €52m F: €47m F: €35m F: €30m EV: €15.3bn N/A EV: €1.5bn F: €495m EV: €178m N/A N/A F: €41m N/A EV: €14.1bn F: €188m F: €166m Fintech Eugene Mizin Alex Kayyal - Head Dr. Liraz Margalit Ran Sarig Peter Hamilton Timo Rein Mobility Thilo Koslowski Dr. Richard Lutz Nicolas Brusson Dave Waiser Talmon Marco Nico Gabriel Jochen Engert Paulin Dementhon Olivier Reppert Carsten Kengeter Raffael Johnen Rolf Cederstrom of Salesforce Ventures Head of Behavioral CEO Europe Research Co-Founder & CEO CEO Founding Co-CEO CEO Digital CEO Co-Founder & CEO Founder & CEO Co-Founder & CEO CEO Founder & MD Founder & CEO CEO CEO CEO Co-Founder

F: €154m F: €66m F: €50m F: €40m F: €31m F: €28m F: €22m F: €22m F: €11m N/A EV: €10.0bn F: €132m F: €112m N/A F: €22m F: €22m N/A EV: €8.5bn

Alexander Graubner-Müller Anne Boden Valentin Stalf Marko Wenthin Julian Teicke Peter Smith Dr. Carolin Gabor Max von Bismarck Erik Voorhees Dror Efrat Olaf Koch Jody Ford Hakan Koç - Co-Founder Sascha Mallah Lea Lange Marc Pohl Stephan Fanderl Robert Gentz - Member of the Management Board Founder & CEO CEO Co-Founder & CEO Board Member CEO Co-Founder & CEO Managing Director CBO & Managing Director Founder & CEO Founder & CEO CEO Group CEO & Co-CEO CEO Founder & MD Founder & MD CEO & Founder Luxury & Fashion Consumer Goods, Retail & Ecommerce

EV: €1.4bn F: €57m N/A F: €57m N/A EV: €4.6bn EV: €2.9bn EV: €2.6bn EV: €1.4bn F: €26m N/A F: €51m N/A N/A N/A N/A N/A

José Neves Julia Bösch Franziska v. Hardenberg Chris Morton Tarek Müller Adrian Blair Pieter-Jan Vandepitte Oliver Samwer Jitse Groen Fabian Siegel Tamir Carmel Andreas Kupke Alberto Genovese Dirk Proessel Mauro Giacobbe Whitney Wolfe Karim Morsy CEO Founder & MD Founder & CEO Co-Founder & CEO CEO COO COO Founder & CEO CEO Founder & CEO Founder Managing Director CEO CEO CEO Founder & CEO CEO Marketplaces Gaming & Apps Food & Restaurants fresh flowers delivered

F: €28m N/A F: €19m N/A FS: €350m FS: €712m FS: €285m FS: €283m FS: €283m FS: €141m N/A FS: €100m N/A N/A N/A N/A

Ida Tin Clark Stacey Lucas von Cranach Julie Teigland - Managing Dr. Klaus Hommels Teddie Wardi Rainer Maerkle Yaron Valler Alexander Frolov Eden Shochat Christoph Janz Jon Medved Karel Dörner David Goldberg Alexandre Mars Holger Friedrich Marco Rodzynek Sophia Rodzynek Influencers Investors & Partner EY Germany, Switzerland, Interviewers Co-Founder & CEO CEO Founder & CEO Austria Founder & CEO Partner General Partner General Partner General Partner Partner Managing Partner Founder & CEO Senior Partner Co-Founder & CEO Founder & CEO Managing Director Founder & CEO Online Gamer

® ®

EV - Enterprise Value / F - Funding / FS - Fund Size / N/A - Not Available | Valuation dates as of 06/03/17 B2B & SaaS

Consumer Travel & Tourism Goods, Retail & Ecommerce

FOLLOW YOUR DREAMS

Payments Digital & Media

Mobility Fintech

The event is a unique platform for senior executives from old champions and new challengers to discuss disruption in 10+ industrial verticals.

Marketplaces Food & Restaurants

Over 100 CEOs to tell the story of their Company!

Luxury & Fashion Gaming & Apps

Industrials, Healthcare, Automation & IoT Science & Learning

fresh flowers delivered INVESTOR BOOK

VENTURE CAPITAL

9 3ts Capital Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

3TS Capital Partners is one of the leading and venture capital firms in Central and Eastern Europe operating in the whole region Offices Finland, Bucharest, Budapest through offices in Budapest, Bucharest, Istanbul, Prague, Vienna and Warsaw. 3TS targets investments in growth sectors including Technology & Internet (, Hardware, Mobile, Ecommerce, Social, etc.), Media & Communications and Technology-Enabled Services (Consumer and Active Markets Central and Eastern Europe Business Services, Healthcare Services, etc.). Investors in the current and earlier 3TS funds totalling over € 300 million include Cisco, EIF, EBRD, OTP, Sitra, 3i and KfW among 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

Technology & Internet, Communications & Target Sectors Media, Technology-enabled Services

FULL PORTFOLIO www.3tscapital.com/portfolio.html Investment Style Active

KEY CONTACTS Deal Structures Significant Minority, Majority

Zbigniew Lapinski High growth Global Challengers, or • Mr. Lapinski works in the Warsaw office and is responsible for Polish investment Key Investment Criteria Local Leaders Senior Partner sourcing, transactions and portfolio management [email protected] Website 3tscapital.com/

Contact Email [email protected]

Contact Phone + 43 1 4023679

INVESTOR BOOK 10 3w Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Back in 1999 and starting the student career, the founders of 3w Ventures had the ideas, time and for starting useful web projects. What Offices Herisau they were short of, was some for paying for elementary things like internet connection, software, hardware, hosting and domains. The projects never fit in a business plan as they were not intended to start as a business but evolved into one. They never had the intent to meet Active Markets Switzerland with a venture capital firm in order to compete for some VC or seed money.

Things have changed in 2006. The ideas have developed into businesses with cash flows and now 3w Ventures tries to find passionate people Founded 2006 working hard on their own ideas. Ideas on the brink to evolve into ventures. If your ideas touch the fields of internet, gaming or new media then 3w Ventures is ready to talk. Employees 2 (of which all in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

forAtable.com, reservation system for restaurants, by Lunchgate. 7x24h reservation acceptance and reservation AUM N/A acceptance by phone

Target Investment Size N/A Lunchgate free platform provides guests with exclusive and daily restaurant information such as lunch menus, hou- se specialties, photographs and panoramic pictures

Target Geographies Switzerland Uepaa aims to turn your into a life saving device. Uepaa’s core technology will turn your phone in an alpine tracking, alert and rescue device, which connects to other phones directly using a disruptive wireless peer- Target Sectors Internet, Gaming and New Media to-peer technology

FULL PORTFOLIO www.3wventures.com/portfolio/ Investment Style Flexible

KEY CONTACTS Deal Structures N/A

Yves Latour Passionate people working hard on Key Investment Criteria • Yves Latour founded 3w Ventures in 2006. their own ideas Managing Director • Previously Board Member at Lunchgate AG

Website www.3wventures.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 11 83North

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

83North (formerly Greylock IL) is a global venture capital firm with more than $550 million under management. They invest in European and Offices , Herzliya 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- Active Markets UK, tions in the 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

Target Investment Size $10m - $30m iZettle, a mobile payments company, offers small businesses with portable point-of-sale solutions and free sales 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 83north.com/companies Investment Style N/A

KEY CONTACTS Deal Structures N/A

Shirley Schoenfeld Teams of consumer and enterprise • Shirley joined 83North in 2017 Key Investment Criteria companies across all stages Principal • Previously, she was at Viola Group in Herzliya, Israel, and prior to that held ma- nagement roles at Morgan Stanley and Standard & Poor’s in NYC Website 83north.com

Contact Email N/A

Contact Phone +44 (20) 7287 8700

WINVESTOR BOOK 12 Accel

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Accel is a leading early and growth-stage venture capital firm, powering a global community of entrepreneurs. Accel backs entrepreneurs who Offices Palo Alto, London have what it takes to build a world-class, category-defining business. Founded in 1983, Accel brings more than three decades of experience buil- ding and supporting hundreds of companies. Accel’s vision for entrepreneurship and business enables it to identify and invest in the companies Active Markets Global that will be responsible for the growth of next-generation industries. Accel has backed a number of iconic global platforms, which are powering new experiences for mobile consumers and the modern enterprise, including Atlassian, BlaBlaCar, Dropbox, Funding Circle, Etsy, Facebook, Fli- pkart, Funding Circle, Kayak, QlikTech, Simplivity, Spotify, Slack, Supercell, World Remit and others. Founded 1983

Employees 51-100 (of which 12 in Europe)

Current Fund Size $3.3bn

SELECTED PORTFOLIO COMPANIES Use of Debt Flexible

Largest global social network AUM $10bn+

Target Investment Size $1m - $100m Largest global music subscription service

Target Geographies Global

Game studio behind among others Clash of Clans, highest ever grossing Target Sectors Technology, Technology-enabled services

FULL PORTFOLIO https://www.accel.com/companies Investment Style Active

KEY CONTACTS Deal Structures Minority

Luciana Lixandru Exceptional entrepreneurs looking to Key Investment Criteria • 10+ years technology investing, Georgetown University build category-defining businesses Partner • Companies: Deliveroo, Carwow, Avito, Wallapop, Algolia, Doctolib, Vinted

Website www.accel.com

Andrei Brasoveanu Contact Email [email protected] • 5+ years technology investing and trading, Harvard Business School and Vice President Princeton • Companies: Celonis, Carto, JobToday Contact Phone +44 20 7170 1000

INVESTOR BOOK 13 Acton Capital Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Acton Capital Partners is a growth-stage venture capital firm, based in Munich. With investments in more than 65 companies since 1999, the Acton Offices Munich 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 opportunities to the next level.

Acton’s current fund was initiated in 2014 with a volume of 170m€ and has so far invested amongst others in HomeToGo, Tictail, iwoca, GetSafe, Founded 1999 Mambu, Mobify, Eloquii, Comatch, Finanzcheck.de, Chefs Plate and Zenjob. With its previous fund (vintage 2008), Acton had invested in compa- nies such as Linas Matkasse, Windeln.de, MyOptique Group, mytheresa.com, Etsy, Audibene, Momox, KupiVIP and Clio. Before 2008, the Acton Employees 11-25 (of which 14 in Europe) 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 woirld’s largest independent meta search engine for vacation rentals combining the models of AUM €350m enquiry and immediate booking. Based in Berlin.

Target Investment Size €3m - €15m London-based iwoca provides short-term financing to SMEs. Launched in 2012, iwoca has already grown into one of Europe’s leading fintech lenders

Target Geographies Europe Mambu offers an agile, flexible and affordable cloud banking platform that enables innovative banking providers to E-Commerce Technology, Marketplace, rapidly create, launch and service loan and deposit products. Based in Berlin Target Sectors Media, Education, Travel & Transportation, Fintech, Analytics, Digital Services FULL PORTFOLIO actoncapital.com/#Portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority, Lead

Fritz Oidtmann Frank Seehaus B2C or B2B-SaaS focus; cash generative; Key Investment Criteria stage: growth, selectively early (no seed) Managing Partner Managing Partner [email protected] [email protected] Website www.actoncapital.com

Dominik Alvermann Aline Vedder Contact Email [email protected] Principal Director Communications

Contact Phone 0049 (0) 89 24 21 88 70 [email protected] [email protected]

INVESTOR BOOK 14 AD4Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Ad4Ventures is the venture capital arm of Mediaset group, with offices in Milan and Madrid, aimed to invest in new high potential companies. Offices Milan, Madrid Ad4Ventures has developed a unique and innovative business model that offers investments in advertising and promotion to companies that have already achieved a certain level of maturity in the markets. Ad4Ventures aims to invest in mid-stage companies with promising management Active Markets Europe, US team, proven results in terms of execution, sustainability of operating margins and innovative technological solutions. Ad4Ventures will also in- vest in companies in early stage if there is a clear opportunity for value creation. Ad4Ventures has privileged access to the consumer market in and Spain, thanks to its undisputed leadership in the promotion of goods and B2C services Founded 2013

Employees N/A

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Westwing - Leading ecommerce in Home&Living AUM N/A

springlane - Specialty online retailer for cooking&dining products Target Investment Size N/A

MDU - Online vacation rental apartments Target Geographies Europe, US

deporvillage - Online sporting good shop Target Sectors B2C Digital

FULL PORTFOLIO Investment Style N/A www.ad4ventures.com/en/index.html

KEY CONTACTS Deal Structures Minority Stake

Katia Rizzo • Katia has been the head of Ad4Ventures since Key Investment Criteria Media for equity • October 2016 and he is senior M&A and corporate development senior mana- Head of Ad4Ventures ger at Mediaset SpA [email protected] • Previously: KPMG Website www.ad4ventures.com/

Stefano Doga Contact Email [email protected] Principal • Stefano has been principal at Ad4Ventures since January 2013

Contact Phone N/A [email protected]

INVESTOR BOOK 15 Alchimia Fund

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Alchimia is a based Venture Capital Fund backed by institutional investors and high net-worth individuals. Offices Rome, Milan, London, Luxembourg The Fund focuses on investments/co-investments in innovative early-stage opportunities with high growth potential. Alchimia main existing investors are EOS Investment Management and HNWIs. Active Markets Italy The fund invests mainly in seed, early stage and growth (only follow-on) companies.

Founded 2017

Employees 4 - 10 (of which all in Europe)

Current Fund Size €50m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Chiara Ferragni Collection - Fashion Brand linked to the world famous blogger Chiara Ferragni AUM N/A

Target Investment Size €50k – €500k uFirst - Application that aggregates fast-track and premium services in different sectors

Target Geographies , Germany, Italy, UK

Digital Services, Fashion, Target Sectors Tech, Exponential Technologies

FULL PORTFOLIO N/A Investment Style Active

KEY CONTACTS Deal Structures Flexible, Direct Investment, Co-investment • Paolo is a 30 year old Italian serial entrepreneur, investor and impact Paolo Barletta philanthropist Key Investment Criteria N/A CEO • Over the last ten years, he has successfully launched several companies across diverse business sectors, including real estate, technology, fashion, cinema and [email protected] Website www.alchimiaventure.com social impact

Contact Email [email protected]

Contact Phone +39 342 859-8466

INVESTOR BOOK 16 Aleph

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Aleph is an early stage venture capital fund with $334 million under management. Offices Tel Aviv

Aleph partners with Israeli entrepreneurs to help scale them into large, meaningful companies and globally recognized brands. Active Markets Global Aleph is an Equal Partnership of Eden Shochat, Michael Eisenberg and Aaron Rosenson

Aleph is sector agnostic and since its founding in 2013, the fund has invested in 15 companies in a wide range of sectors such as Fintech (Lemo- Founded 2013 nade, Colu), Transportation (Freightos, Nexar), Shared Economy (Wework, Honeybook) and Consumer Applications (Joytunes, Houseparty).

Employees 11-50

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Wework transforms buildings into beautiful, collaborative workspaces and provide infrastructure, services, events AUM $334m and tech so members can focus on doing what they

Target Investment Size $2.5m - $7m Bringg is the leading customer-centric logistics platform for enterprises with customers in over 50 countries

Target Geographies Global

Houseparty allows users to stream live video to the people they care about Target Sectors Agnostic

FULL PORTFOLIO https://aleph.vc/tagged/portfolio Investment Style N/A

KEY CONTACTS Deal Structures Minority

Eden Shochat • Equal Partnership in Aleph together with Michael Eisenberg and Aaron Key Investment Criteria Great entrepreneurs Rosenson. Equal Partner • Previously General Partner at Genesis Partners Equal Partnership of Eden Shochat, Michael Eisenberg and Aaron Rosenson Website www.aleph.vc

Contact Email N/A

Contact Phone +972 3-679-8700

INVESTOR BOOK 17 Allianz Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Allianz Ventures enables digitalization of Allianz through investments in and partnerships with innovative start-ups. Allianz Ventures creates value Offices Munich and generate strategic business opportunities.

Active Markets Germany As an investment team fully backed by the Allianz Group, Allianz Ventures helps to deploy core assets and relationships to maximally support the growth of portfolio companies.

Founded 2015 Headquartered in Munich, Germany, Allianz Ventures performs venture investments and in and partnerships with innovative start-ups for the Allianz Group, a global financial services provider with 85 million retail and corporate clients in more than 70 countries. In fiscal year 2014 around Employees 11-50 147,000 employees worldwide achieved total revenues of 122.3 billion euros and an operating profit of 10.4 billion euros.

Current Fund Size €430m

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

MoneyFarm is a digital wealth manager offering advice and investments in both the UK and Italy AUM €430m

Target Investment Size N/A blooom is a first of its kind, web based automated advisor that allows savers to outsource the management of their workplace

Target Geographies Europe and US

Nauto is an AI-powered autonomous vehicle technology company Mobility, Connected Home & Properties, Target Sectors Insurtech & Wealth Management, Digital Health, Cybersecurity & Data Intelligence FULL PORTFOLIO N/A Investment Style N/A

KEY CONTACTS Deal Structures Flexible

Min-Sung Sean Kim Key Investment Criteria Innovative start-ups • Ming-Sung joined Allianz Ventures in 2016. Head of Digital Health Investments • Previously Partner & Managing Director at XL Health AG www.allianz.com/en/about_us/strategy_values/ Website allianz-ventures/

Contact Email [email protected]

Contact Phone +49 89 3800 14491

INVESTOR BOOK 18 Almaz Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Founded in 2008, Almaz Capital invests in early stage, capital efficient technology companies. The fund’s investors include Cisco, the European Offices Portola Valley, , Berlin Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Being a unique bridge-model fund with the main offices in Silicon Valley, US, Almaz Capital focuses in bringing prominent startups from the Eastern , Estonia, , Active Markets Europe/ CIS to the global market. Lithuania, Poland, Russia

The following 8 companies are among Almaz Capital’s realized exits: Plesk (division of Parallels) acquired by Oakley Capital in 2017; Sensity Founded 2008 acquired by in 2016; AppScotch acquired by App Annie in 2016, Odin (division of Parallels) acquired by Ingram Micro in 2015, nScaled acquired by Acronis in 2014; Vyatta, acquired by Brocade in 2012; Qik, acquired by Skype in 2011; and , IPO 2011. Employees 11-25 (of which 8 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

GridGain’s complete In-Memory Computing platform enables organizations to conquer challenges AUM $400m

Target Investment Size $200k - $20m GoodData provides BI for data monetization to enterprises, software vendors and system integrators

Czech Republic, Estonia, Latvia, Target Geographies Lithuania, Poland, Russia PIQ Sport Intelligence is a platform analyzing movements of athletes, allowing to compare and improve their Marketplaces, Travel & Transportation, performance Target Sectors Digital Services, Investor

FULL PORTFOLIO www.almazcapital.com Investment Style Active

KEY CONTACTS Deal Structures Flexible • is a Managing Partner of Almaz Capital Alexander Galitsky Key Investment Criteria Team, Product, Market, Competition • He is a well-known innovator, entrepreneur and investor in USA & Europe Managing Partner • Alexander was honored numerous times as the most influential person in IT [email protected] and Internet industry by Forbes and named “Technology Pioneer” at the World Website www.almazcapital.com Economic Forum

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 19 Ariadne Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Led by one of Europe’s entrepreneurial champions, Ariadne has pioneered a new model for the financing of entrepreneurship – entrepreneurs Offices London backing entrepreneurs. Julie Meyer founded Ariadne in 2000, with the backing of 57 founding investors, amongst whom are the founders of some of the most successful internet and technology companies in recent history. Including the entrepreneurs behind WorldPay, Hotmail, Betfair, SES Active Markets UK, Europe Astra and many more, these investors are committed to helping the next generation of entrepreneurs build world-leading companies out of Eu- rope. Ariadne works with game-changers and companies at the heart of new ecosystems. They have advised Barclays, British Telecom, CarPhone Warehouse, CISCO, EMAP, IBM, Monitise, Orange, Paddy Power PLC, Sage Group PLC, Skype, Zopa Limited. Founded 2000

Employees 20

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Quill Content produces quality digital content for businesses to use on their websites and social media AUM N/A

Target Investment Size N/A Bloomy Days is a subscription-based fresh cut flower delivery service with headquarters in Germany

Target Geographies UK, Europe

Money Dashboard - Online personal financial management service Target Sectors News, Content, Curated Web

FULL PORTFOLIO ariadnecapital.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Equity (Minority)

Ilona Simpson • Previously she worked for companies like Accenture, Porsche, DHL and Aston Key Investment Criteria Seed-stage digital companies CIO Martin; she served on two ExComs and run IT as a P&L. I also built operations of a tech start-up, growing the business Website ariadnecapital.com

Contact Email [email protected]

Contact Phone +44 (0)20 3021 1641

WINVESTOR BOOK 20 Astutia Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

As an independent investment company, ASTUTIA for ten years has been investing in innovative founders and companies with outstanding growth Offices Munich, Berlin potential. The investment focus lies in the areas of digital media and the internet. Astutia Ventures offers venture capital, a truly international network, and specialized know-how for entrepreneurs and companies in their early growth stages to support successful development and sustainable growth. Austria, Czech Republic, Estonia, Finland, Active Markets They invest in entrepreneurs and young companies with innovative products and services, with a scalable business model and a large addressa- Germany, Italy, Spain, Sweden, Switzerland, UK ble market. Since a successful company always comes with a strong team, they put particular emphasis on getting to know the founders perso- nally. ASTUTIA holds minority stakes in the portfolio companies. They invest in the start-up stage or in the early growth stage. ASTUTIA backs the Founded 2006 founders and their team throughout several financing rounds, usually over a time period of 3-5 years. They are exit-oriented.

Employees 4-10 (of which 5 in Europe)

Current Fund Size €10m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Asana is a platform for yoga lovers AUM €20m

Target Investment Size €100k - €500k FULL PORTFOLIO www.astutia.de/ Austria, Czech Republic, Estonia, Finland, Target Geographies Germany, Italy, Spain, Sweden, Switzerland, UK

Target Sectors Retail,Marketplaces,Digital Services

Investment Style Flexible

KEY CONTACTS Deal Structures Minority • Benedict Rodenstock is CEO and founder of ASTUTIA. Benedict’s former Benedict Rodenstock employers include Roland Berger Strategy Consultants, more.de (a subsidiary of Key Investment Criteria Team, Market, Legal Structure CEO Web.de), and Hubert Burda Media. He holds an MBA from Sankt Gallen University, a Certificate in Internet Technologies from NYU, and an M.A. in [email protected] Website www.astutia.de History

Contact Email [email protected]

Contact Phone +49 32 212298537

INVESTOR BOOK 21 Atlantic Labs

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Atlantic Labs is an early stage, active investor based in Berlin. They invest into transformative, tech-driven companies with global ambitions such Offices Berlin as Soundcloud, Eyeem, GoEuro, Medigo, Careship and more. Current investment focus areas are: Digital health, The future of work, Mobility and . They identify models, build teams, create products & companies and support entrepreneurs becoming successful. Their ambition is to Active Markets Germany create global champions coming out of Berlin who are solving hard problems with real IP. To get their companies started they invest their capital at pre-seed and seed stage, and at later stages they actively support their teams to raise money from 3rd parties.

Founded 2007

Employees 4-10 (of which 5 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

World’s leading music streaming platform AUM N/A

Target Investment Size €100k - €500k The trusted brand for female health

Target Geographies Germany

Leading marketplace for photos by a community of creators Marketplaces, Travel & Transportation, Target Sectors Financial Technology, Health, Analytics, Digital Services FULL PORTFOLIO atlanticlabs.de/ Investment Style Active

KEY CONTACTS Deal Structures Minority,Lead

Christophe Maire Jens-Philipp Klein Strong and passionate founder team Key Investment Criteria aiming to disrupt their market Managing Partner Partner [email protected] [email protected] Website atlanticlabs.de/

Marc-Olivier Luecke Contact Email [email protected] Partner

Contact Phone N/A [email protected]

INVESTOR BOOK 22 Atomico

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Atomico is an international investment firm, focused on helping the world’s most disruptive technology companies scale and - becomeglo Offices London bal leaders. Founded in 2006 by Niklas Zennström, a co-founder of Skype, Atomico has made over 50 investments over four continents, in- cluding Skype, Supercell, , Truecaller, Zocdoc, GoEuro and The Climate Corporation, with an exclusive focus on the technology sector. Active Markets Global They are not a traditional venture capital firm because they exist for more than returns. They believe entrepreneu- rs are the ultimate agents of positive, transformational change across every aspect of the society and economy. Atomico’s team of investors and advisors includes founders of six billion dollar companies, and operational leaders who were responsible for Founded 2006 global expansion. The firm is built by, and for, founders. It’s why they invest from Series A onwards, because they want to help founders take a product that works and make it a global success. Employees 26-50 (of which 23 in Europe)

Current Fund Size €765m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Entertainment media company based in Finland, and the creator of the globally successful Angry Birds franchise, AUM N/A and the new Amazing Alex franchise

Target Investment Size €5m - €50m Web of Things software company, making products smart by connecting them to the Web

Target Geographies Global outside Silicon Valley Online payments service that lets people shop safely and simply. With 6m shoppers already using Klarna for simpler online payments, Klarna is rapidly becoming the most trusted payment service in Europe Target Sectors Technology

FULL PORTFOLIO www.atomico.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Majority, Minority

Yann De Vries • Partner at Atomico in London. Previously Managing director and co-founder of Key Investment Criteria Technology Partner Redpoint e.ventures.He holds a MSEE from the Swiss Federal Institute of Technology in Zurich (ETH) and an MBA from Harvard Business School. Website www.atomico.com/

Teddy Wardi • Partner at Atomico, based in London, working on sourcing, evaluation, negotia- Contact Email [email protected] tion and due diligence of new investment opportunities Partner • Teddie joined Atomico from Dawn Capital, a SaaS and FinTech focused venture Contact Phone +44 (207) 499 1093 capital fund, where he was a Vice President

INVESTOR BOOK 23 AXA Strategic Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

AXA Strategic Ventures is a $275m venture capital firm backed by AXA, a $100bn global insurer and asset manager. ASV invests in enterprise sof- Offices , London tware, fintech, consumer and digital health, and other technologies relevant to insurance and asset management. With teams in San Francisco, New York, London and Paris, they invest globally across stages, from seed ($300k) through growth equity ($20m). Active Markets Europe, Israel, , Russia

Founded 2016

Employees 11 - 25 (of which 10 in Europe)

ASV Growth 1: $150m Current Fund Size ASV Early Stage 1: $100m SELECTED PORTFOLIO COMPANIES Use of Debt No

Neura’s Personal AI engine increases and retention for the world’s most captivating mobile apps and AUM $275m Internet of Things (IoT) devices

ASV Growth 1: $2m - $20m Target Investment Size Blockstream was founded to develop new ways to accelerate innovation in crypto currencies, open assets and smart ASV Early Stage 1: $200k - $2m contracts ASV Growth 1: Europe, Israel, Turkey, Russia; Target Geographies ASV Early Stage 1: Europe, Israel BioBeats is a of wellbeing and coaching products that help you manage your health and productivity Target Sectors Technology, Technology-enabled services

FULL PORTFOLIO www.axastrategicventures.com/en/portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority, Lead, Other

Clear understanding of payback on paid Imran Akram • London based growth capital investor at AXA Strategic Ventures investing up Key Investment Criteria customer acquisition (ASV Growth); Great General Partner to $20mm equity. Current & prior investments include Auto1, Quandoo, Sono- teams in big markets (ASV Early Stage 1) vate, Wahanda, Innogames and GlobalCollect [email protected] Website www.axastrategicventures.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 24 Axel Springer Plug and Play Accelerator

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Axel Springer Plug and Play is an early-stage accelerator supporting trail-blazing digital entrepreneurs from all over the world. Three times a year, Offices Berlin they run a 100 day acceleration program. As a joint venture between Axel Springer SE and Plug and Play Tech Center Sunnyvale , startups get access to a global network. Axel Springer Plug and Play offers €25k in funding plus office space in the heart of Berlin, great Active Markets N/A mentorship, workshops, events and much more.

Founded 2013 Why Axel Springer Plug and Play? • One of the leading programs in Europe Employees 7 (of which 7 in Europe) • 250+ Mentors • Network of Investors and corporates • Opportunity to move to Silicon Valley Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Number26 is the new way of banking AUM N/A

Target Investment Size N/A ZenMate encrypts your internet connection while you browse

Target Geographies Europe

blogfoster is the fastest way to manage advertising on your blog Digital business models Target Sectors (no focus on hardware)

FULL PORTFOLIO www.axelspringerplugandplay.com/startups Investment Style Active

Standard deal: €25k for 5% equity KEY CONTACTS Deal Structures (+ possible follow-on co-investments) Jörg Rheinboldt • Co-founded and worked with a wide range of startups. Today, he primarily Digital business models Key Investment Criteria acts as investor and mentor for startups with the goal to bring out the best in (no focus on hardware) Managing Director people. [email protected] • Companies: alando.de, eBay, M10, betterplace.org Website www.axelspringerplugandplay.com

Frauke Mispagel Contact Email [email protected] • Investment Banker before starting her own startup. Managing Director • She has worked in international business development and digital M&A. • Companies: JPMorgan Chase, Zalando, Bauer Media, Axel Springer Contact Phone +49 30 2591 78001 [email protected]

INVESTOR BOOK 25 b10 Early Venture Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

b10 backs “”category killers””. b10 is an early stage investor focusing on B2B topics. The company invests and acts as operational investor, suppor- Offices Berlin ting the founders actively with a team of specialists in the areas of recruiting, UX/UI design, finance, fundraising, legal, etc. In the last years b10 successfully exited for example Quandoo, the leading restaurant reservation system worldwide for 200.000.000 EUR to Active Markets Germany Recruit Holdings and Carjump to PSA (Peugot) in 2016. The combination of hands on support and entrepreneurial experience makes b10 a perfect partner for Startups to grow.

Founded 2014

Employees 10

Current Fund Size €10m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Free2Move allows people to find and compare vehicles from a wide variety of carsharing providers AUM €10m

Target Investment Size €100k - €500k Get it done - Enabling shops to offer handymen and installation services

Target Geographies Germany

Fliit - The logistic platform specialised in delivering fresh food and other sensitive products to customer B2B, Marketplaces, Communications, Health Target Sectors Financial Technology, Digital Services, Retail

FULL PORTFOLIO b10.vc/portfolio.html Investment Style Active

KEY CONTACTS Deal Structures Minority • Daniel Hoepfner is founder and MD of b10 Early Venture Capital Daniel Hoepfner • Prior to that, Daniel was founder and CEO of PressMatrix, Investor and Advisor Key Investment Criteria category killer Managing Director at CarJump, Business Angel at Sensorberg GmbH, founder & CEO at IDEAconsul- tancy [email protected] Website b10.vc • Focus on Fundraising, Sales and Legal

Henri Kuehnert Contact Email [email protected] • Henri Kuehnert is founder and MD of b10 Early Venture Capital Managing Director • Focus on Fundraising, Sales and Financial Planning Contact Phone N/A [email protected]

INVESTOR BOOK 26 Balderton Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Balderton Capital’s focus is on early stage, European technology businesses, with ambitious founders and unique approaches. Balderton is the Offices London largest Europe focused early stage venture fund, with funds totalling $2.3bn. Balderton invests between $1m to $20m into companies with the potential to disrupt huge industries, and the ambition to scale globally. Balderton invests for the long term, with the ability to support our com- Active Markets Europe panies from start to exit. What makes them different is the equal partnership, including two founders of $bn companies and former execs from Uber, Dropbox, Google and Yahoo.

Founded 2000

Employees 26-50 (of which 30 in Europe)

Current Fund Size $305m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Leading mobile casual games developer, based in Berlin AUM $2.3bn

Target Investment Size $1m - $20m The future of music publishing, ensuring their artists (representing ~40% of the top 100) are paid rapidly and fairly across all offline & online platforms

Target Geographies Europe World-leading online retailer, with proprietary tech stack, focussed on health & beauty and active across Europe and the US Target Sectors Technology

FULL PORTFOLIO www.balderton.com/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Rob Moffat • Partner at Balderton since 2009. Previously at Google Key Investment Criteria Team, disruptive Partner • Companies: Wooga, Carwow, Prodigy Finance, Nutmeg, Rentify, Patients Know Best [email protected] Website www.balderton.com/

Contact Email [email protected]

Contact Phone +44 20 7016 6800

INVESTOR BOOK 27 Bauer Venture Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Bauer Venture Partners focus on digital media (Owned Content, Aggregators, Functional Apps, Classifieds) and publishing technologies (Con- Offices Hamburg, Stockholm tent Creation, Distribution & Monetization), early and later stages and the German and Nordic regions. Bauer Venture Partners are financial, profit-oriented investors. But, if it provides value, they could offer the advantages of a strategic investor, in particular access to the assets and Active Markets Germany, Sweden infrastructure of one of the leading international media companies with a strong footprint in markets like Germany, UK, Poland, USA, Australia, Nordics and more.

Founded 2014

Employees 8

Current Fund Size €100m (2016 Data)

SELECTED PORTFOLIO COMPANIES Use of Debt No

Contorion - Online marketplace for maintenance, repair and operations (MRO) products AUM N/A

Target Investment Size €1m - €7m CareerFoundry - Career accelerator for vocational tech skills

Target Geographies Germany, Austria, Switzerland, Nordics

Kyto - International B2B online marketing with Kyto Target Sectors Digital Media and Publishing Tech

FULL PORTFOLIO N/A Investment Style Active, Hands-On

KEY CONTACTS Deal Structures Flexible

Christopher Mohrmann • Previously: Analyst M&A at NIBC Key Investment Criteria Top-notch team, scaling by technology Investment Associate • He holds Bachelor and MSc from Justus-Liebig-Universität Giessen

Website bauerventurepartners.vc

Contact Email [email protected]

Contact Phone +49 40 3019 1078

WINVESTOR BOOK 28 BayBG Bayerische Beteiligungsgesellschaft

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

BayBG is structured as an evergreen fund with currently 500 portfolio companies and 320 Mio. EUR capital under management. The BayBG ven- Offices Munich ture capital unit invests into innovative technology companies in different development phases, from early stage (first revenues are required) up to later stage. Investments are in the range of 0.5 Mio. EUR up to 7 Mio. EUR per company. Active Markets Germany The BayBG venture capital portfolio contains companies like crealytics, IDnow, iThera Medical, NavVis, nfon, Mercateo, Open-Xchange, Resysta and tado. Founded 1972

Employees 51-100 (of which 70 in Europe)

Current Fund Size €320m

SELECTED PORTFOLIO COMPANIES Use of Debt No

FULL PORTFOLIO www.baybg.de/unsere-referenzen.html AUM €320m

Target Investment Size €500k - €7m

Target Geographies Germany

Target Sectors Agnostic

Investment Style Active

KEY CONTACTS Deal Structures Minority

Andreas Heubl Key Investment Criteria Office in Bavaria, First Revenues Investment Manager • Investment Manager [email protected] Website www.baybg.de/

Contact Email [email protected]

Contact Phone +49 89 122280100

INVESTOR BOOK 29 BCG Digital Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Manhattan Beach, Berlin, Sydney, London, BCG Digital Ventures is a corporate investment and incubation firm. They invent, build and invest in startups with the world’s most influential Offices San Francisco, New York, Silicon Valley, , Seattle companies. They share risk and invest alongside their corporate and startup partners via a range of collaborative options. Founded in 2014, they have major Innovation and Investment Centers in Manhattan Beach, Berlin, London, Sydney, San Francisco and New York, 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

Target Investment Size N/A Takt distills customer data into uniquely tailored experiences; we orchestrate physical and digital exchanges into one seamless journey

Target Geographies Global

Kaishi Pte - Connected device and app platform for pregnancy and early-stage Target Sectors Digital

FULL PORTFOLIO N/A Investment Style Active

KEY CONTACTS Deal Structures N/A Claudia Armbruester Juergen Eckel Experience Design Director Venture Architect Director Key Investment Criteria N/A

Urs Rahne Website bcgdv.com Arndt Roller Managing Director Partner and Managing Director

Contact Email [email protected] Katarina Ewert Learning and Development Coordinator Contact Phone N/A

WINVESTOR BOOK 30 Bellevue Investments

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

BELLEVUE Investments GmbH & Co. KGaA was formed in 1993 by Jürgen Jaron, Dieter Rein and Erhard Rein, Tilman Herberger and Titus Tost. Offices Berlin These persons continue to hold, either directly and/or indirectly, the majority of the company’s stock.

Active Markets Europe, US The BELLEVUE portfolio includes fourteen companies plus eight international subsidiaries of magix software gmbh and four minority investments. These companies employ a total of 350 employees (based on FTE), of which 170 worked in research and development.

Founded 1993 BELLEVUE’s strategic goal is to expand its investments in the area of Software as a Service, Mobile-Technology, Ad-Technology, entertainment products, digital content as well as real estate. BELLEVUE regional focus is Europe and North America.

Employees N/A

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Cloudpaging’ technology that transmits pre-virtualized native software instructions in a transient manner AUM N/A

Target Investment Size N/A Mufin offers first-class mobile and server solutions for audio identification and music recommendation that create new revenue streams for its customers

Target Geographies Europe, US TVSMILES is on a mission to get the most out of advertisements and turn viewers into customers again. The app SaaS, Mobile-technology, Ad-technology, combines ads, games and an extensive mobile loyalty program in a unique way Target Sectors Entertainment Products, Digital Content, Real Estate FULL PORTFOLIO bellevue-investments.com/#xl_anchor_venture Investment Style Active

KEY CONTACTS Deal Structures Minority, Control, Flexible

Juergen Jaron Key Investment Criteria Fit in today’s and tomorrow’s market needs Partner • Managing Director & Co-Founder since foundation

Website www.bellevue-investments.com

Contact Email [email protected]

Contact Phone +49 (0) 30 270041-100

INVESTOR BOOK 31 Berlin Innovation Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Berlin Innovation Ventures is a team of deep tech experts and entrepreneurs based in Berlin and working with innovation leaders to produce the Offices Berlin next generation of Berlin’s tech-first startup ventures. The mission is to nurture outstanding deep tech experts, researchers and entrepreneurs in order to build substantial ventures. Active Markets Germany Deep tech — Machine Learning, Artificial Intelligence and Big Data — is booming worldwide. In the past decade the Berlin startup boom has at- tracted a pool of international top talent, adding to the already abundant high quality German tech talent. Using startup expertise, mentoring and Founded 2017 incubation, coupled with entrepreneur-friendly funding, Berlin Innovation Ventures produces success-focused tech startups.

Employees 2-10 Berlin Innovation Ventures makes early stage investments into tech-first ventures leveraging on their deep expert networks.

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

AUM N/A

Target Investment Size N/A

Target Geographies Germany

Machine Learning, Target Sectors Artificial Intelligence, Big Data

Investment Style N/A

KEY CONTACTS Deal Structures N/A

Mick Halsband • Seasoned tech leader most recently CTO for an algorithmic hedge fund. Two Key Investment Criteria Early stage, tech-first ventures Partner decades of key roles at startups and multinational market leaders. Expert in commercializing research and development products Website www.berlininnovation.vc

Contact Email [email protected]

Contact Phone +49 151 635 28 202

INVESTOR BOOK 32 Berlin Technologie Holding

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Berlin Technologie Holding (“BTH”) is a German based Holding and growth investment firm focused exclusively on investments in technology and Offices Berlin 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 operational challenges. Founded 2013

BTH strongly believes that entrepreneurs with character deserve capital with character and thus invests own equity and also provide their Employees 4 - 10 (of which 5 in Europe) experience and network to those that distinguish themselves and their business model through clarity. They call it Augmented Capital.

Current Fund Size N/A

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 Financial Services, Marketing, Target Sectors Analytics, Digital Services

FULL PORTFOLIO www.berlinholding.com Investment Style Active

KEY CONTACTS Deal Structures Flexible

Team with strong Execution Mindset, Joern-Carlos Kuntze • Seasoned Strategy, Company Builder and Corporate Finance expert. Serial Key Investment Criteria Disruptive B2B Business Model, Finan- Managing Director Entrepreneur. Previously Partner at OC&C and Oliver Wyman cial Model with Recurring Revenues • Companies: Sevenval, Minodes, Applause, PressMatrix [email protected] Website www.berlinholding.com

Contact Email [email protected]

Contact Phone +49 (0) 30 707 190 203

INVESTOR BOOK 33 Berlin Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Berlin Ventures is looking for outstanding teams with a disruptive business idea. As entrepreneur-driven seed in- Offices Berlin vestor they offer primary and secondary funding with ‘hands on’ support in all relevant areas such as strategy,- inter nationalization, marketing, logistics, product, follow-on funding, finance, KPI development, human resources, etc... DACH, France, , Active Markets As business angels they invest in young, innovative companies and support and encourage for years their successful development. Spain, Sweden, Israel, UK Their portfolio companies benefit from an extensive network of contacts and know-how in the construction, development and sale of companies. Operationally, they support founders especially in the field of online marketing (search engine marketing, search engine optimization, affiliate Founded 2008 marketing, conversion optimization, etc.).

Employees 4-10 (of which 4 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes ADSQUARE is Europe’s leading platform for Mobile Audience Targeting. The company leverages consumers’ current location for programmatic advertising and helps advertisers and agencies to pinpoint their target group in the right AUM N/A moment to make ads more relevant

Target Investment Size €50k - €500k C99 is “The Creative Network” for young and creative film, video and music talents! We pursue new ways and accom- pany the productions from the beginning on DACH, France, Netherlands, Spain, Target Geographies Sweden, Israel, UK, Italy, Portugal Designbar Solutions enables businesses to offer personalized accessories at their Points-of-Sale or at Point-of-Inte- rest. The Designbar system allows consumers to design accessories like cases and bags for their electronic devices Retail, E-Commerce, Technology, Target Sectors Marketplaces, Media, Communications, and have them produced on-site within minutes Education, Technology FULL PORTFOLIO www.berlinventures.com Investment Style Active

KEY CONTACTS Deal Structures Minority, Flexible, Lead

Jan Christoph Gras • Christoph co-founded his first company in 2004, one of the first providers of Outstanding team with a disruptive idea Key Investment Criteria photobooks worldwide. After the exit of myphotobook he co-founded epubli, a and a huge market Managing Director publishing house 2.0 which was acquired by the Holtzbrinck Publishing Group. [email protected] • He holds 3 diplomas from the ESCP Europe in Paris, Oxford and Berlin. Website www.berlinventures.com

Marek Baerlein Contact Email [email protected] Founder & CEO

Contact Phone N/A

INVESTOR BOOK 34 Berliner Volksbank Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Berliner Volksbank Ventures is the Corporate Venture Capital Fund of the Berliner Volksbank. They support young, innovative companies in their Offices Berlin implementation of growth strategies. In doing so, they provide stability, reliability, community and partnership on equal terms. These values permeate their general process of involvement and outline their collaboration with portfolio companies. Active Markets Germany Berliner Volksbank Ventures is an independent company. They make their own investment decisions autonomously and in isolation from the overall structure of the company. Streamlined processes and fast response times are important to them. The success and increased value Founded 2015 of their portfolio companies are of high priority. They are willing to invest along with other investors as either the lead investor or co-investor.

Employees 4 - 10 (of which 4 in Europe)

Current Fund Size €20m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes Liqid - Digital platform that combines expertise, investment instruments and terms available to leading family offices, and makes them available to a new generation of successful entrepreneurs, professionals and other affluent AUM N/A individuals

Target Investment Size €250k - €1m figo provides banking services and enables businesses to connect with their financial service providers

Target Geographies Germany

Flexperto is a software platform that provides video consultation and digital customer communication solutions Financial Technology, Financial Services, Target Sectors Digital Services, PropTech, B2B SaaS

FULL PORTFOLIO www.volksbank-ventures.berlin Investment Style Flexible

KEY CONTACTS Deal Structures Flexible

Andreas Laule • Andreas Laule has been with the Berliner Volksbank since 1997. Since 2015 Key Investment Criteria Financing Stage: Early Stage Managing Director he has been managing the bank’s equity investment business. He is Managing Director of Berliner Volksbank Ventures Website www.volksbank-ventures.berlin

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 35 Bessemer Venture Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Boston, , Westchester, San Francisco, Bessemer backs passionate and thoughtful founders as they turn exciting ideas into market leading businesses. They admire those who aren’t Offices Silicon Valley, India, Israel afraid to break with convention and are driven to push the limits of what is possible with technology and product. They invest in all stages. From seed stage to growth, and across the technology and services stack, BVP invests in enterprise, consumer and healthcare technology startups Active Markets US, India, Israel around the world.

Founded 1911

Employees 40

Current Fund Size $1.6bn

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Intercom is a customer communication and support service for businesses AUM N/A

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, Cyber CrowdFlower is the essential human-in-the-loop platform for data science teams Target Sectors Security, Financial Services, Healthcare, Industry Software, Marketplaces, Mobile FULL PORTFOLIO bvp.com/portfolio Investment Style N/A

KEY CONTACTS Deal Structures Convertible Debt, Equity (Minority)

Passionate and thoughtful founders • VC at Bessemer Venture Partners Jordan Windmueller • Previously: Private Equity Partners at BlackRock (2013 – 2013), Analyst at Key Investment Criteria with exciting ideas into market leading VC Schooner Capital LLC (2011 – 2011), Office of Strategic Partnerships at U.S. businesses Department of Commerce (2011 – 2011) Website bvp.com

Contact Email N/A

Contact Phone +1-650-853-7000

WINVESTOR BOOK 36 Blumberg Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Blumberg Capital is an early-stage venture capital firm that partners with passionate entrepreneurs to innovate and build successful technology Offices Tel Aviv, San Francisco, New York companies. Blumberg Capital specializes in leading Seed and Series A rounds collaborating with angel investors, other venture capital firms and strategic partners. They are active investors and board members – operating as an extension of the entrepreneurs’ network. Blumberg Capital Active Markets Israel, Canada, Europe invests in the best teams, solving the biggest problems in technology hot spots around the world. The typical initial investments range from $500,000 to $5 million with additional amounts reserved for follow-on funding. The headquarter is based in San Francisco with team members in Tel Aviv and New York Founded 2007

Employees 11-25 (of which 4 in Europe)

Current Fund Size $200m

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Social reviews for e-commerce websites AUM $700m

Next generation compute and storage infrastructure Target Investment Size $500k - $5m

Social media management system for businesses and organizations Target Geographies Israel, Canada, Europe

Cyber Security, Fintech, Enterprise Software, Omni-channel payments engine Target Sectors Marketing Technology

FULL PORTFOLIO Investment Style Active blumbergcapital.com/companies/

KEY CONTACTS Deal Structures Equity, minority

David Blumberg • David is the founder and managing partner of Blumberg Capital. David is an Key Investment Criteria Team, technology authority on early stage investing with more than 25 years of experience. He Managing Partner founded Blumberg Capital in the early 1990s and launched its first venture-backed fund in 2001. Website blumbergcapital.com/

Contact Email [email protected]

Contact Phone +972-52-680-2086

INVESTOR BOOK 37 bmp Ventures AG

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

bmp Ventures combine our experience with our passion. bmp Ventures invests in innovative business models with outstanding teams and helps Offices Berlin, Magdeburg them to build scalable and profitable companies.

Active Markets Germany The investment focus lies on the following industries: Internet/Software/Mobile, Life Science, Industry Technologies, Cleantech/Material Science and Consumer Products.

Founded 1997 bmp Ventures invests in both Early Stage and Growth Startups with around €0.5-2.5m in seed financing rounds and up to €10m in growth finan- cing rounds. Employees 11-25 (of which all in Europe) With more than 250+ investments, 110+ exits, and 20+ IPOs bmp Ventures AG is proud to be one of the most experienced VC investors in Germany.

Current Fund Size €200m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

komoot is your personal guide for cycling and hiking tours AUM €200m+

Target Investment Size N/A Market Logic provides marketing information systems to the world’s best marketing and research teams

Target Geographies Germany

Internet, Software, Mobile, Life Science, TESVOLT develops and produces flexible battery storage systems with high capacities Target Sectors Industry Technologies, Cleantech, Material Science, Consumer Products FULL PORTFOLIO www.bmp.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority Ywes Israel Investment Manager • Ywes Israel is Investment Manager at bmp Ventures and focuses on investments in the fo- Key Investment Criteria Team, technology llowing industries: Games, Cyber Security, eHealth, and Industry Technologies. [email protected]

Website www.bmp.com/ Jan Alberti • Dr. Jan Alberti is part of the management board of bmp and responsible for the acquisition of Managing Partner new investments and marketing. Since 2007, he has funded and supported over 60 start-ups, [email protected] mainly from the industries SaaS, Big Data, Enterprise Software, Mobile, and Media. Contact Email [email protected] David Stuck • David Stuck is responsible for the dealflow management and first contact for startups and Venture Capital Analyst entrepreneurs at bmp. Before joining bmp, he gained experience in Consulting and Banking as Contact Phone +972-52-680-2086 [email protected] well as co-founder of two VC-backed Startups.

INVESTOR BOOK 38 boldstart ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Boldstart Ventures is a first check investor for enterprise founders. Offices New York Partners Ed Sim and Eliot Durbin along with venture partner Jeff Leventhal, have over 50 years of combined experience leading seed rounds in LivePerson (NASDAQ: LPSN), GoToMeeting (sold to Citrix), and Greenplum (sold to EMC), and founding startups like Workmarket and OnForce. Active Markets Israel, UK Founded in 2010, boldstart has backed over 60 enterprise startups like BigID, Security Scorecard, snyk.io, kustomer, divide (sold to Google), goins- tant (sold to salesforce), blaze.io (sold to Akamai), and rapportive (sold to LinkedIn). See more about us and our full portfolio @ www.boldstart. vc and @boldstartvc Founded 2010

Employees 4-10 (of which none in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Snyk secures open source for developers, founded by ex-CTO Akamai AUM N/A

Target Investment Size $250k - $1m Replicated enables cloud based SaaS vendors to ship an on-prem, self-hosted version of their software

Target Geographies Israel, UK

Kustomer - The most powerful CRM for Support Teams that provides everything you need to serve customers. Target Sectors Financial Technology

FULL PORTFOLIO www.boldstart.vc/companies Investment Style Active

KEY CONTACTS Deal Structures Lead

Ed Sim • Founder of boldstart, over 20 yrs has seeded and helped scale a number of star- Key Investment Criteria Passionate Founders, Enterprise Tech tups to exit including big data pioneer Greenplum (acq. by EMC, now Pivotal), Li- Founder/Managing Partner vePerson (Nasdaq: LPSN), GoToMeeting (acq. by Citrix), Divide (acq. by Google), [email protected] GoInstant (acq.by Salesforce.com), Blaze.io (acq. by Akamai) Website boldstart.vc

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 39 btov Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

btov Partners is a European venture capital firm focused on early stage investments in digital and industrial technology companies. btov Partners Offices St. Gallen, Berlin, Luxembourg operates own funds, managed partner funds and offer direct investment opportunities to private investors. Across the three divisions, the team DACH, Belgium, Denmark, Estonia, Finland, manages EUR 300m and looks at more than 3,000 companies each year. Active Markets France, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Turkey, UK

Founded 2000

Employees 11 - 25 (of which all in Europe)

Current Fund Size €75m

SELECTED PORTFOLIO COMPANIES Use of Debt No No. 1 marketplace for European term deposits AUM €300m Leading financial comparision website

Target Investment Size €0.25m - €3.5m Leading language translation technology company DACH, Belgium, Denmark, Estonia, Finland, Target Geographies France, Ireland, Italy, Netherlands, Norway, 24/7 limousine service available online and as a mobile app Portugal, Spain, Sweden, Turkey, UK E-Commerce Technology, Marketplaces, Target Sectors Media, Fintech, Travel & Transportation, Leading streaming data applications platform Health, Analytics, Digital Services

Investment Style Active FULL PORTFOLIO btov.vc/portfolio/

KEY CONTACTS Deal Structures Minority Dr. Jochen Gutbrod • Dr. Jochen Gutbrod was CFO of Holtzbrinck Publishing Group and Deputy Potential to transform large industries, General Partner Chairman of the Executive Board. In addition, he was CEO of Holtzbrinck Digital. Key Investment Criteria unique market positioning, Prior to joining Holtzbrinck, he held leadership positions at Schroder Investment defendable assets Management and Lombard Odier & Cie. and co-founded ifund service AG Florian Schweitze • Florian was one of the co-founders of btov in the year 2000. Since then he has Website www.btov.vc worked on btov’s private investor network and investment business. Florian General Partner has graduated with a degree in management from the University of St. Gallen, where he developed START, an entrepreneurs’ organization with friends Contact Email [email protected] Luca Martinelli • Luca studied International Business in Maastricht, Milan & London and holds a General Partner Masters Degree in Technology and Management orientated Business Adminis- Contact Phone +41712422000 tration from TU Munich. He founded two start-ups in the education & recruiting space and helped building these, today profitable, companies for 5 years INVESTOR BOOK 40 Capnamic Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Capnamic Ventures (www.capnamic.com) is one of Europe’s leading early-stage Venture Capital firms, with offices in Berlin and Cologne. The Offices Cologne, Berlin 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 The vast expertise of the Capnamic team includes more than 70 investments, a high turnover of successful trade sales and IPOs, as well as a strong entrepreneurial track record within the investment team. Founded 2013 The general partners are Jörg Binnenbrücker (@bibrue), Olaf Jacobi (@olafjacobi) and Christian Siegele.

Employees 4 - 10 (of which 10 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Mobile attribution provider of choice for thousands of app creators around the world AUM N/A

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 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 inves- Key Investment Criteria Team, Timing, Technology tor. Between 2007 and 2015, he was a partner and co-owner of Target Partners. Partner From 1999 to 2007, he founded and established multiple prosperous startups, [email protected] which led to several successful exits Website capnamic.com

Thorben Rothe Contact Email [email protected] Principal • Thorben is Principal at Capnamic Ventures

Contact Phone +49-221-67781930 [email protected]

INVESTOR BOOK 41 Channel 4 Commercial Growth Fund

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Launched in 2015, Channel 4’s Commercial Growth Fund offers TV airtime to high-growth consumer-facing startups in exchange for passive Offices London equity stakes. Their focus is on digital consumer products and services are typically in growth phase, but perhaps see TV marketing route as too expensive within their lifecycle. Active Markets UK Channel 4 occupies a unique position within the UK’s broadcast ecology. It is a public service publisher-broadcaster with a distinctive creative remit, funded solely from commercial revenues. Channel 4 profiles a young, upmarket audience through its channels which include E4, More 4, Founded 1982 Film 4 and the VOD platform All4. Channel 4 is also the sales house for UKTV.

Employees 100 - 1,000 (of which 819 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Readly gives unlimited access to magazines in one app through a monthly subscription AUM N/A

Target Investment Size £2m - £5m E-commerce mattress-in-a-box company

Target Geographies UK

Online currency exchange and money transfer service with a P2P marketplace Target Sectors Digital Consumer Goods and Services

FULL PORTFOLIO www.channel4.com Investment Style Passive

KEY CONTACTS Deal Structures Minority

Vinay Solanki • Previously: Strategic Development Director at Getty Images, Strategy and Key Investment Criteria B2C, growth stage with UK presence Head of Commercial Growth Fund Corporate Development Director at Liberty Global, Corporate Finance at Ingenious Medea [email protected] Website www.channel4.com

Ju Won Cha Contact Email [email protected] • Previously: Technology, Media and Telecoms & Industrials M&A at Goldman Commercial Growth Fund Sachs Contact Phone N/A [email protected]

INVESTOR BOOK 42 CHECK24 Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

The CHECK24 Ventures team is made up of successful entrepreneurs and managers. Based on their experience and background CHECK24 Offices Frankfurt 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 Active Markets Austria, Germany, Switzerland and invest earlier than most other VCs. The goal is, together with the founders, to generate value from day one and as such do not only provide capital. CHECK24 Ventures is successful when the backed founders are successful. They offer and combine the best of two worlds: they provide early venture capital financing and also offer access to the CHECK24 network, its employees and their know how in the fields of IT, product and Founded 2016 online & offline marketing.

Employees 1-3 (of which 3 in Europe)

Current Fund Size €60m

SELECTED PORTFOLIO COMPANIES Use of Debt No

askCharlie is an online lead generation portal for local service providers. AskCharlie was founded i AUM N/A

Target Investment Size €0.5m - €2.5m FULL PORTFOLIO https://www.check24.vc/en/#portfolio

Target Geographies Austria, Germany, Switzerland

Marketplaces, Media, Financial Technology, Target Sectors Financial Services

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 • CHECK24 Ventures MD [email protected] Website www.check24.vc

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 43 Cherry Ventures Management GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

They are entrepreneurs, focusing on seed stage companies and investing across Europe. The goal is to add value from day one, not just capital. Offices Berlin 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-equity, media-for-equity, etc.) and in negotiating future financing rounds. Founded 2012

Employees 11-25 (of which 12 in Europe)

Current Fund Size €150m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

AUTO1 Group is a used car purchaser based in Berlin AUM N/A

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

FULL PORTFOLIO www.cherry.vc/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Flexible, Lead Daniel Glasner • After several years with McKinsey Daniel co-founded CityDeal and led the company as CEO Industry agnostic, early-stage, first insti- Founding Partner until the acquisition through in 2010. He then became Managing Director of Groupon Key Investment Criteria tutional investor, disruptive technology, International. Daniel is founder of Quandoo, a SaaS company for restaurants that was sold to [email protected] solve specific problem for consumers or Recruit Holdings in March’15 • After some years at The Boston Consulting Group, Christian joined Zalando as their first CMO. Christian Meermann Website www.cherry.vc/ Christian was responsible for building up and managing the group’s marketing efforts. He then Founding Partner joined the Management Board of Peek&Clop and was responsible for the company’s online [email protected] Contact Email [email protected] business. Filip Dames • Filip founded his first company in 2008, an online auction house for antiques and collectibles. Founding Partner He then joined the founding team of Zalando and held several executive positions. Filip is also Contact Phone N/A [email protected] an active supporter of the social businesses “Ashoka” network.

INVESTOR BOOK 44 Concentric

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

They are an open technology investment partnership, not a stereotypical VC, and not just financial investors, they are more business partners and Offices London, Copenhagen builders. They add value by active management and working with companies before and after investing. They focus on investment opportunities born out of changing customer behaviour / demands across a number of core sectors / verticals: payments, eCommerce, pervasive computing, Active Markets UK, Denmark big data etc. They have invested in ca. 40 companies over past 15 years. They are supported by long-standing co-investors.

Founded 2013

Employees 5

Current Fund Size Targeting €50m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Pockit is a digital only bank focusing on the financially excluded AUM €30m

AirSorted is a homestay management platform operating in the UK, Ireland and Australia Target Investment Size Up to €5m over life of an investment PayasUGym is an nline marketplace providing customers with discounted and flexible gym passes disrupting the traditional membership-based market Target Geographies Key innovation hubs of Western Europe Prettysocial Media is an automated and fully scalable content marketing concepts, monetising social audience for Technology and Digital Media incl. publishers and brands Target Sectors eCommerce, Fintech, Marketplaces, Security

FULL PORTFOLIO concentricteam.com/investment-platforms Investment Style Active

KEY CONTACTS Deal Structures Significant minority equity positions

Denis Shafranik Original, scalable and defendable, • 9 years in Key Investment Criteria category leaders, Partner • 5 years in VC technology investment post achieving product-market fit • Companies: PayasUgym, PSM, Neteven, Billetto, ChargeMaster, etc [email protected] Website www.concentricteam.com

Kjartan Rist Contact Email [email protected] • 15 years in technology (founder, advisor, investor, Board) Partner • Companies: VOSS Solutions, Shazam, NetClean, Endeca, TopTable, etc.

Contact Phone +44 20 7839 8143 [email protected]

INVESTOR BOOK 45 Coparion

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Coparion is a pragmatic investor with an eye for the essentials and persistence for the long-run. Offices Cologne, Berlin

Coparion helps young technology companies achieve swift and sustained growth. With of EUR 225 million their team Active Markets Germany has the means to do so. Coparion supports entrepreneurial vision with the know-how, but without intervening in daily business operations. Thanks to 25+ years of team experience in venture capital and in building companies, they discern potentials and open up new perspectives. They have the substance, tenacity and creativity required to mutually manage difficult situations successfully. They only invest with other co-investors. Founded 2016

The focus is on the start-up and early growth phase. They appreciate initial successes, such as the sales and key accounts developed or successful Employees 10 (of which 10 in Europe) product launches. Per company they invest up to EUR 10 million, usually in several financing rounds of EUR 0.5-3 million each.

Current Fund Size €225m

SELECTED PORTFOLIO COMPANIES Use of Debt No

SMB software suite (SaaS) to help SMBs manage and optimize their business digitally AUM €225m

Unique combination of Internet-of-Things technology with plants to filter air Target Investment Size €500k - €3m

Electronic Fleet Manager for SME based on transmitting data from the car (“connected car”) Target Geographies IT, Internet, High-Tech, Life Science

Germany’s first completely digital insurer for brokers and independent agents Target Sectors Germany

FULL PORTFOLIO Investment Style Active coparion.vc/en

KEY CONTACTS Deal Structures Minority stake, with co-investors

Christian Stein Key Investment Criteria “Traction” (no seed funding) • Managing Director at Coparion since 2015. Previously CFO at Zadego and Managing Director Partner at Creathor Venture. [email protected] Website www.coparion.vc

David Zimmer Contact Email [email protected] • Managing Director at Coparion since 2016. Previously Director at Quadriga Managing Director Capital and CEO at Altira AG

Contact Phone +49 30 5858 4400 [email protected]

INVESTOR BOOK 46 Creathor Venture

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

As a leading Pan-European Venture Capital firm, Creathor Venture invests in technology-oriented companies and entrepreneurs. Offices Bad Homburg, Zurich, Stockholm Creathor Venture focuses on Mobile, Digital Media, Cloud Technology, Artificial Intelligence, Internet of Things, Sharing Economy, Fintech, Life Sciences and Digital Health. Regional focus is on Germany, Switzerland, Austria and Scandinavia. The management team of Creathor Venture Austria, Finland, France, Germany, Norway, Active Markets consists of the CEO Dr. Gert Köhler, Karlheinz Schmelig and Cédric Köhler. The team has been investing successfully in the early-stage venture Sweden, Switzerland capital business for 30 years. During that time, the team has built more than 200 technology companies, conducted more than 20 international IPOs and has achieved exceptional returns for fund investors and the financed entrepreneurs in the past, all in the position as lead investor. The Founded 2002 current portfolio of more than 35 companies is actively supported in development, growth and internationalization by a team of 17 staff.

Employees 11 - 25 (of which 17 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

News aggregator for & tablet AUM €230m

Target Investment Size €500k - €5m Digital insurance broker

Austria, France, Germany, Target Geographies Sweden, Switzerland Developer of the world‘s smartest connected biking system Education Technology, Travel & Transpor- Target Sectors tation, FinTech, Financial Services, Health, Analytics, Digital Services FULL PORTFOLIO www.creathor.com/en/portfolio Investment Style Active

KEY CONTACTS Deal Structures Flexible, Lead

Cédric Köhler • 10 years of VC experience, he is specialized in technology investments Key Investment Criteria N/A Managing Partner • Member of the Venture Council of SECA and Co-Chair of Digital Chapter at Inter- national Venture Club [email protected] Website www.creathor.com/en

Christian Weniger Contact Email [email protected] • Early stage venture capitalist and Investment Manager at Creathor Venture Investment Manager • Mentor at Techstars • Helping European startups become global market leaders Contact Phone +49 6172 139 72 0 [email protected]

INVESTOR BOOK 47 cumberland.vc

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

cumberland.vc is still in an early stealth phase. It is located in Berlin, one of the most vibrant hubs for start-ups in Europe residing in Cumberland Offices Berlin House on the prestigious Kurfürstendamm. It was seed financed and founded by several members of one of the oldest German industrial family dynasties. It is managed by CEO Kai-Arne Jordan with 20 years experience in family office wealth management and global connections, focussing Active Markets Germany on early stage and seed round development with wide-spectrum assistance rather than pure capital lending core direction is next-gen software, advanced interfaces, novel solutions including Ai, VR, AR, WebGL, 3D, medical, sound, infographics and even art. cumberland.vc wants to make a difference, create value, contribute. They are interested in talking with teams, building anything new, radical and serious. Founded 2016

Employees 4 - 10 (of which 6 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

ada health gives everyone in the world access to quality, personalized health information & care AUM N/A

Target Investment Size €100k - €1m meisterwerk.ventures - Company integrating disruptive thinking with unique engineering solutions

Target Geographies Germany

Media, Communications, Education, Tech- Target Sectors nology, Health, Analytics, Digital Services, Hardware, Other FULL PORTFOLIO N/A Investment Style Active

KEY CONTACTS Deal Structures Flexible • Kai-Arne Jordan is a co-founding member, shareholder, as well as the acting Kai-Arne Jordan CEO of Cumberland.vc Key Investment Criteria Passion CEO • Since 2009 he had been CEO of the HFO, Henkel Family Office, supervising in the overall global strategic asset allocations and also the selection of private [email protected] Website cumberland.vc equity managers and VCs

Contact Email [email protected]

Contact Phone +49 30 58 58 43 - 43

WINVESTOR BOOK 48 Data Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Data Ventures is a boutique venture capital firm focused on big data technologies. They are based in Warsaw, Poland but operate globally. Offices Warsaw They are concentrated on AI, Blockchain, Cybersecurity, DevOps, Fintech, HRTech, IoT and SaaS sectors. Their mission is to empower technology entrepreneurs to make a mark on the world thanks to better understanding of data. Active Markets Czech Republic, Estonia, Latvia, Lithuania, Poland Company’s core strengths are strong operational team and long-term strategic view on investments. They run a concentrated portfolio of early-stage B2B software startups. They are actively involved in day-to-day operations by implementing the best practices in the areas of product Founded 2017 development, integrated sales&marketing, technology and global roll-out of business. Their further target is to spread the best practices across Investment Portfolio and generate synergies between Portfolio Companies. Employees 4 - 10 (of which 7 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Data Space is a cloud infrastructure & IaaS operator based in Torun, Poland. The company is one of the fastest AUM N/A growing data center in CEE region

Target Investment Size €250k - €500k Airbot is a producer of advanced drones integrated with VR/AR systems which can be used as racing drones, military, drones or just for entertainment

Target Geographies Poland Turbine Analitics is a leading software provider for investment funds and capital markets in Poland with 40% market E-Commerce Technology, share Target Sectors Financial Technology, Financial Services, Analytics, Digital Services FULL PORTFOLIO www.dataventures.io/companies/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Piotr Smolen • Technology Entrepreneur and Investor. General Partner and CEO at big data Key Investment Criteria B2B, global sales, data-driven focused VC firm Data Ventures. Excellent track record in building from scratch Managing Partner & CEO & remodelling existing businesses. Deep expertise in Technology and Financial [email protected] Services sectors. Fintech expert. Very good understanding of B2B Website www.dataventures.io

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 49 Deutsche Börse DB1 Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

DB1 Ventures’ is the Corporate Venture Capital arm for Deutsche Börse Group (DBG). DB1 Ventures aims to be a strategic partner of choice for Offices Frankfurt 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 DB1 Ventures Investment Committee, which is chaired by the DBG CEO.

Founded 2016

Employees 4-10 (of which - in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Privately held company operating the Medusa FX Option trading platform AUM N/A

Target Investment Size €2m - €25m VC firm focused on financial technology

Target Geographies Europe, US ( opportunistic)

Operator of stock and options markets in the U.S. and Europe Capital Markets, Data, Analytics, Alternative Target Sectors Funding Platforms, Investment Technology

FULL PORTFOLIO deutsche-boerse.com/db1ventures/ Investment Style Active

KEY CONTACTS Deal Structures Minority, Control

Ankur Kamalia • Head of Venture Portfolio Management at DBG. Previously Managing Director at Key Investment Criteria Growth stage bias, strategic investments Managing Director UBS, and Portfolio Manager at Polygon Investment Partners. MBA - University of North Carolina at Chapel Hill [email protected] Website deutsche-boerse.com/db1ventures/

Contact Email [email protected]

Contact Phone +49 6921116699

INVESTOR BOOK 50 Deutsche Telekom Capital Partners Management

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

DTCP provides venture capital, private equity, and advisory services to the technology, media and telecommunication sectors. Operating as a Offices Hamburg , Herzeliya 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 To learn more about DTCP, visit www.telekom-capital.com and follow @Telekom Capital on Twitter

Founded 2015

Employees 26-50 (of which 22 in Europe)

Current Fund Size €500m

SELECTED PORTFOLIO COMPANIES Use of Debt No

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 E-Commerce and Financial Technology, Target Sectors Communications, Marketing, Analytics, Digi- transceiver design tal Services, Investor FULL PORTFOLIO 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 Key Investment Criteria Predictability, Product market fit Capital team. He is responsible for the European activities of the fund. Thomas VC Partner studied at the University of Hamburg and holds a master’s degree in technical [email protected] 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 Contact Phone +49 160 71 71 001 closely involved in raising finance and starting up new companies. He is a CFA Charterholder. INVESTOR BOOK 51 Dieter von Holtzbrinck Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

DvH Ventures is one of the leading early-stage investors in Germany and invests in technology-driven startups with disruptive products and servi- Offices Cologne, Vienna ces. Thereby, the area of interest ranges from FinTech and Big Data to art and culture, and from training and development to . As independent venture capitalist of the publisher Dieter von Holtzbrinck , DvH Ventures offers capital and management support as well as access Active Markets Austria, Germany, Switzerland to the readers of the publishing house DvH Medien („Handelsblatt“, „Tagesspiegel“, and „DIE ZEIT“). In November 2015, DvH Venture started a second venture capital fund in conjunction with the NORD/LB exklusively for FinTech and InsurTech investments.

Founded 2014

Employees 4-10 (of which 7 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

LIQID - Digital Family Office AUM N/A

Target Investment Size €0 - €500k Studydrive - Student community for sharing learning materials and online tutoring

Target Geographies Austria,Germany,Switzerland

OptioPay - Online Payment System/Payment Service Provider Media, Education Technology, Financial Target Sectors Technology, Analytics, Digital Services

FULL PORTFOLIO dvhventures.de/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Peter Richarz Excellent team, scalable business model, • Over 15 years of expertise in venture capital and company building Key Investment Criteria large market Managing Director • Co-Founder of design-bestseller.de • Previously: Managing Director of Media Ventures” [email protected] Website dvhventures.de

Fabian von Trotha Contact Email [email protected] • +7 years of investment experience in the media sector Managing Director • Previously: M&A buy & sell-side transactions for the Handelsblatt publishing group Contact Phone +49 221 933 161 0 [email protected]

INVESTOR BOOK 52 DN Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

DN Capital is a global early stage and growth capital investor in software, mobile applications, digital media, marketplace and e-commerce Offices London, Menlo Park, Berlin companies. The firm has operations in London, Berlin and Menlo Park and its objective is to identify, invest in and actively support its portfolio companies to become global leaders. Active Markets US, Europe Portfolio companies include Shazam (the world’s leading mobile app), Auto 1 (world’s largest online used car marketplace valued at over €2.5bn), Endeca (sold to Oracle for over $1bn), Apsmart (sold to Thomson Reuters), Datanomic (sold to Oracle), Quandoo (acquired by Recruit Holdings), Founded 2000 Mister Spex, OLX (sold to Naspers), Performance Horizon Group, Purplebricks (IPO London) and windeln.de (IPO Frankfurt).

Employees 15 The professionals at DN Capital bring over 60 years of private equity experience to their investments, and actively work with portfolio companies to steward their growth through the various stages of development. Additional information about the firm and its portfolio companies can be found at www.dncapital.com Current Fund Size €150m

SELECTED PORTFOLIO COMPANIES Use of Debt No

One of the most downloaded mobile applications of all time, over 125 million MAU. DN led Series A AUM €500m Leading metasearch business for the vacation rental industry, launched in 2014 by three experienced German Target Investment Size €250k - €20m entrepreneurs. One of the fastest growing companies in Berlin. DN led Series A

Leading online UK real estate portal – now also active in US. DN seeded the Company in 2014, IPO in December 2015 75% Europe (UK, Germany, France, Nordics) Target Geographies on London AIM. Current worth ~£1 billion 25% US & ROW C2B seller of used cars to dealerships using online to acquire inventory. DN Capital led the Series A round. Recently Marketplaces, Software, Digital Media, Target Sectors valued at € 2.5 billion Healthtech, E-commerce

FULL PORTFOLIO Investment Style Active dncapital.com/portfolio

KEY CONTACTS Deal Structures N/A

Nenad Marovac • Previously partner at Advent International, MBA Harvard Business School Team, Market, Product, Key Investment Criteria Focus on consumer internet, marketplaces, ecommerce, mobile applications Traction and Deal Managing Partner • Companies: Auto1, Book a Tiger, Datanomic, Happn, HomeToGo, Tbricks, Mister [email protected] Spex, OLX, Purplebricks, Quandoo, Shazam, Windeln Website dncapital.com

Thomas Rubens • Previously Barclays M&A, University of Bristol Contact Email [email protected] Focus on ecommerce, Marketplaces, Software Partner • Companies: Auto1, Book a Tiger, Caroobi, HomeToGo, Quandoo, Blackbill, Contact Phone +44 (0)20 7340 1600 [email protected] Move24

INVESTOR BOOK 53 Earlybird Venture Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Earlybird is a venture capital investor focused on European technology companies. Founded in 1997, Earlybird invests in all growth and develop- Offices Berlin, Munich, Istanbul 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 26-50 (of which 41 in Europe)

Earlybird Digital West Fund: €150m Current Fund Size Earlybird Health-Tech Fund: €100m SELECTED PORTFOLIO COMPANIES Use of Debt No

Shapeshift - Instant digital asset exchange supporting dozens of blockchain tokens AUM €850m

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

FULL PORTFOLIO https://www.earlybird.com Investment Style Active

KEY CONTACTS Deal Structures Minority, Lead • Hendrik Brandis is co-founder and Partner at Earlybird. He was Co-Foun- Disruptive business models or technolo- Hendrik Brandis der of GMM and Project Manager at Messerschmitt-Boelkow-Blohm (now Key Investment Criteria gies with forward looking lock-in in large Daimler-Chrysler Aerospace). Previously, Hendrik was Partner with McKinsey Co-Founder and Managing Partner markets lead by an outstanding team & Co. He holds a Dipl.-Ing. (MSc equivalent) and PhD degree in Aerospace [email protected] Engineering Website https://www.earlybird.com • Companies: nfon, B2X, Videdressing, Medidate, Movinga, Onefootball, Simscale,

• Christian is Co-Founder and Partner of Earlybird. Prior to founding Earlybird, he Christian Nagel Contact Email [email protected] co-acquired various companies from the Treuhandanstalt and gained opera- Co-Founder and Managing Partner tional experience. Before that, he worked as an Engagement Manager with [email protected] McKinsey & Co. He holds a Diplom-Wirtschaftsingenieur and a PhD degree Contact Phone +493046724700 • Companies: Cashboard, Crossengage, N26, Shapeshift, smava

INVESTOR BOOK 54 eCAPITAL entrepreneurial Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

eCAPITAL entrepreneurial Partners AG is an entrepreneur-managed Venture Capital firm, which invests in innovative companies in promising Offices Germany sectors and actively supports the growth of their business since 1999.

Active Markets Germany eCAPITAL currently manages six Venture Capital funds with total assets under management of approx. € 200 million. In order to develop young technology companies and lead them to success, eCAPITAL provides them with the necessary capital, know-how, and an active network of key contacts. Founded 1999

The Partners of eCAPITAL have a long-standing personal experience in establishing and successfully developing high-growth companies. Based Employees 21 on that experience, eCAPITAL offers an integrated, holistic approach to managing its portfolio companies. Moreover, eCAPITAL’s portfolio companies benefit from an Advisory Council comprised of prominent, very outstanding entrepreneurs, and thus, gain access to a distinctive network of business partners and technologies. eCAPITAL IV target size: €100m Current Fund Size (6 funds currently managed) SELECTED PORTFOLIO COMPANIES Use of Debt N/A

OX, leading provider of open source software-as-a-service solutions for hosting, service provider and telecommu- AUM €160m nication companies

Target Investment Size €250k - €5m Subitec, engaged in the production of microalgae biomass substances for the cosmetics and food additives indus- tries

Target Geographies Europe

BrandMaker, leading provider of Marketing Resource Management (MRM) systems in Europe Cleantech, Software/IT, Industry 4.0, New Target Sectors Materials (Innovative Products and Services)

FULL PORTFOLIO www.ecapital.de/en/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Flexible

Teams with the best prospects for Key Investment Criteria success, and sectors where they have a high level of expertise

Website www.ecapital.de

Contact Email info(at)ecapital.de

Contact Phone +49 (0)251 703767-0

INVESTOR BOOK 55 EBRD Venture Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

The EBRD Venture Capital Investment Programme is a dedicated 100 million capital pool and team investing early and growth stage venture ca- Offices London pital in innovative, high-growth technology companies from central Europe to central Asia. They are focused on providing active leadership in the development of technology and venture financing ecosystem in their countries of operation. Out of their London Headquarters and the regional Active Markets Estonia, Greece, Latvia, Lithuania, Poland, Turkey offices, their investment team draws on a wide range of operational experience, deep local knowledge and global perspective to help entrepre- neurs realize their vision. Working collaboratively with their portfolio companies, they help management teams think critically about strategic issues such as market positioning, recruiting, acquisitions and financing. Founded 2012

Employees 4-10 (of which 4 in Europe)

Current Fund Size €100m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

PandaDoc provides a software as a service to automate contract and proposal creation and act as a content layer AUM €100m on top of an existing CRM tool

Target Investment Size €1m-€10m Explain Everything is an interactive screencasting whiteboard application used by teachers, students, corporate trainers and sales professionals Estonia, Greece, Latvia, Lithuania, Target Geographies Poland, Turkey Deposit Photos is one of the globally leading digital media marketplaces. E-Commerce Technology, Marketplaces, Target Sectors Education Technology, Travel & Transporta- tion, Financial Technology, Analytics, Digital FULL PORTFOLIO ebrdvcip.com/portfolio/ Investment Style Flexible

KEY CONTACTS Deal Structures Minority

Entrepreneurs and management teams, Zoltan Hopka • Tech VC/growth investor at EBRD VC investments. Previously, investment Key Investment Criteria ambition and technology, professional at Virgin Group, strategy consultant at A.T. Kearney. Education at Principal development team base in CEE/MEA London Business School, Budapest University of Technology and Economics, [email protected] University of Technology, Sydney Website ebrdvcip.com/

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 56 Edison Venture Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Edison Venture Capital provides venture and growth-stage funding (Series A) to the most promising companies with strong management teams Offices Moscow and large market opportunities in Europe, Asia Pacific, Israel and USA. They invest up to $3m per deal, more in syndicates. Target sectors include growth stage AdTech and performance marketing projects, e-commerce platforms and omni-channel tools aimed at the international market. Active Markets Europe, Asia Pacific, Israel, US Edison VC is run by a team of successful entrepreneurs who have created or developed such companies as: comiten, realweb, garpun. Their team has broad network and deep expertise in developing and scaling businesses across Russia and European Union.

Founded 2014

Employees 4-10

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Garpun provides digital agencies and corporate advertisers with tools for professional online ad management AUM N/A

Target Investment Size Up to $3m RealWeb is one of the oldest and most skilled digital marketing agencies in Russia

Target Geographies Europe, Asia Pacific, Israel, US

Comiten is a universal communication operator Hardware and Wearables, Enterprise, Target Sectors Security, Telecom, Mobile, Data, Cloud, Healthcare, IT, Ad tech, Ed tech FULL PORTFOLIO N/A Investment Style N/A

KEY CONTACTS Deal Structures N/A

Sergey Gordeev Market and business description. Key Investment Criteria High level of financial projections Chairman of the Board

Website www.edison.vc

Contact Email N/A

Contact Phone N/A

INVESTOR BOOK 57 Eight Roads Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Eight Roads Ventures is a global venture capital firm that backs entrepreneurs with aspiration for greatness. Together with associated funds we Offices London 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 £150m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Made is an online furniture retailer headquartered in London AUM N/A

Target Investment Size £5m - £25m 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 E-Commerce, Marketplaces, Education in San Francisco Target Sectors Technology, Travel & Transportation, Fintech, Gaming, Analytics, Digital Services FULL PORTFOLIO 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 • Previously, he was at Accel in London and Warburg Pincus in Francisco. Michael Partner received a BA from Yale University and an MBA from the Stanford Graduate [email protected] School of Business Website eightroads.com/en/ventures

Contact Email [email protected]

Contact Phone +44 20 7074 5400

INVESTOR BOOK 58 Endeit

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Endeit Capital is an independent investment firm based in Amsterdam (NL) and Hamburg (DE). Since 2006, Endeit Capital has invested in 25 com- Offices Amsterdam, Berlin panies in the Benelux, UK and Germany.

Austria, Belgium, Denmark, Finland, Germany, Active Markets Endeit is backed by the founders amongst which serial entrepreneur Joop van den Ende, co-founder of Endemol, as well as by numerous founders Norway, Sweden, Switzerland, of previous portfolio companies, other successful (internet) entrepreneurs and by large institutional funds. The team also welcome and work with experienced business angels to join as co-investors in individual companies. Entrepreneurship is at the core of Endeit Capital. 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 / mobile data technology AUM €275m

Target Investment Size €3m - €10m Mobile workforce crowdsourcing platform Austria, Belgium, Denmark, Finland, Target Geographies Germany, Norway, Sweden, Switzerland, United Kingdom Leading publisher & producer of casual web/mobile games E-Commerce, Marketplaces, Media, Edutech, Target Sectors Travel & Transportation, Fintech, Financial Services FULL PORTFOLIO www.endeit.com/ Investment Style Active

KEY CONTACTS Deal Structures Minority • Martijn joined Endeit Capital at the start as Partner in 2006. Today, he is respon- Martijn Hamann sible for deals in Germany, UK, Nordics Key Investment Criteria Growth Phase, Internationalisation Partner • Until 2006 he was a member of the Executive Director team of Endemol Group, one of the world’s largest independent providers of content for television & all [email protected] Website https://endeit.com/ other screens.

Contact Email [email protected]

Contact Phone +31-653726743

INVESTOR BOOK 59 Group

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

The 2nd eValue Fund invests in early stage opportunities in the European digital media market. eValue sees great potential in this sector, great Offices Berlin performing tech companies and the capacity to be an enormous growth market. eValue invests in digital media companies with a strong focus on technology. The firm believe that technology moves and develops the internet and shifts the digital boundaries we are experiencing today. Active Markets Europe Europe provides a huge diversity and whole lot of great ideas, in technology, in advertising and other internet connected business ideas. eValue focuses on this often underserved market and give companies in all European countries, including eastern Europe and Russia a helping hand to grow in their home countries and internationally. eValue supports companies in A and B rounds of their investment strategies as well as, if we are Founded N/A carried away by a profound and disruptive business idea with seed stage investments.

Employees 4-10 (of which none in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Leader in enterprise tag management and helps organizations increase marketing agility, reduce tagging costs, and AUM N/A improve site performance

Target Investment Size €500k - €3m Online demand-side platform that provides buying tools for digital media buyers

Target Geographies Europe

Provides cutting edge solutions to manage online marketing across all channels Online Marketing and Advertising, Content / Target Sectors Video, Gaming, Ad Technology, Performance Marketing, Cloud Services FULL PORTFOLIO www.evalue.de/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Thomas Falk • Thomas Falk founded his first company while still in school. Now he counts Key Investment Criteria Geography and sectors as one of Europe’s most successful entrepreneurs and has a deep executive CEO experience along the whole digital value chain. Mr. Falk can rely on an extensive network in the internet technology industry spanning all of Europe and the US Website www.evalue.de/

Contact Email N/A

Contact Phone N/A

INVESTOR BOOK 60 e.Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

San Francisco, Berlin, Hamburg, Tokyo, São Paulo, Built on a strong and shared culture of entrepreneurship, e.ventures is a venture capital firm with global scale. For more than 15 years, e.ventures Offices has been supporting consumer Internet, media and mobile startups and helped entrepreneurs build transformative companies. The firm invests out of dedicated funds in the U.S., Europe, Brazil, China and Japan. e.ventures’ portfolio comprises various disruptive industry leaders such as Active Markets Global Groupon, Angie’s List, del.icio.us, Sonos and Farfetch. Operating offices in San Francisco, Hamburg, Berlin, São Paulo, Beijing and Tokyo, e.ventu- res combines a global investment philosophy with the benefits of local knowledge and insights.

Founded 1998

Employees 30

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Farfetch.com, brings together independent fashion boutiques to provide a wide selection of the most elegant AUM N/A brands and styles

Target Investment Size $500k - $30m App Annie, delivers data and insights to succeed in the app economy

Target Geographies Global

NGiNX, Software that enables companies to match increasing demand for faster web experiences at scale Target Sectors Consumer Internet, Mobile, Digital Media

FULL PORTFOLIO www.eventures.vc/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures According to a startup‘s needs

Christian Leybold Exceptional entrepreneurs with a strong • Has led Internet Consumer investments since 2003 and previously worked Key Investment Criteria team, rapid growth, disruptive models General Partner with management consulting companies and research centers • Companies: i.a. Farfetch, Auctionata, CityDeal (Groupon) Website www.eventures.vc

Andreas Haug Contact Email [email protected] • Has started several digital businesses as an entrepreneur and has invested in General Partner startups for more than 15 years • Companies: i.a. Deposit Solutions, Sapato (Ozon), KaufDa (Axel Springer) Contact Phone +49 30 46724977 0

INVESTOR BOOK 61 Felix Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

A London-based venture capital firm operating at the intersection of technology and creativity. Felix’s strategy is to invest in digital lifestyle, bac- Offices London king new digital brands and related enabling technologies. Their mission is to support entrepreneurs with big ideas, to help them build strong brands that stand out and that move the world forward. They Belgium, France, Germany, Netherlands, Active Markets aim to partner with the best entrepreneurs, the creative agents of change of digital lifestyle. Spain, Sweden, Switzerland They like to meet founders early, build a relationship, long before any transaction, and set common goals. As a small and focused firm, every investment they make matters, making them more aligned with founders. Founded 2015

Employees 4-10

Current Fund Size $120m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Athos offers workout clothing fully integrated with wearable technology and capable of tracking heart rates, brea- AUM N/A thing levels, and more

Target Investment Size $100k - $10m Farfetch brings together independent fashion boutiques to provide a wide selection of elegant brands and styles

Belgium, France, Germany, Spain, Target Geographies Sweden, Switzerland, UK Deliveroo is a technology company that focuses on marketing, selling, and delivering restaurant meals to the hou- Retail, E-Commerce Technology, Gaming, sehold or office Target Sectors Marketplaces, Health, Digital Services

FULL PORTFOLIO www.felixcap.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Flexible, Lead

Antoine Nussenbaum • Antoine is a founding member of Felix Capital and part of its investment team Key Investment Criteria Technology and committee. Felix Capital has backed several digital brands and enabling Principal technologies since its launched in 2015 including Farfetch, Goop, Mirakl, The [email protected] Business of Fashion, La Ruche Qui Dit Oui, Olapic, Deliveroo, Rad. Website www.felixcap.com/

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 62 FinLeap

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

FinLeap was founded in Berlin in the summer of 2014 by HitFox Group and Ramin Niroumand as a company builder specialized in Fintechs. Offices Berlin FinLeap serially develops Fintech companies, supporting them with strong infrastructure and guiding their growth. So far twelve ventures have been brought to market providing services for private and corporate clients. The FinLeap ecosystem includes, for instance, FinReach, which offers Active Markets Europe among others a solution for switching bank accounts; PAIR Finance, a solution for digital debt management; Clark, a digital insurance broker; and solarisBank, a digital platform with a full German banking license. Each venture is based on the solid FinLeap foundation that provides not only seed funding from €0.5 million up to €5 million but also a strong network of investors, an integrated development platform and advice on best Founded 2014 practice processes. In addition, the company builder provides contact to experienced businesses, clients and top talents in the industry. FinLeap’s team is made up of more than 400 employees from more than 30 countries Employees 17

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No Savedo is a european online marketplace for retail investment products. The platform offers investors in Ger- many, Austria, and the Netherlands the opportunity to deposit their savings safely, with attractive interest rates, AUM N/A across the European Union

Target Investment Size €0.5m - €5m in seed funding MoneyMap offers a convenient tool for personal finance optimization. Germany’s first B2C platform for automatic finance management and contract switching

Target Geographies Europe solarisBank is a tech company with a universal banking license. The company has built a technological banking platform for the needs of the digital economy Target Sectors Fintech

FULL PORTFOLIO www.finleap.com/ventures Investment Style Company Builder

KEY CONTACTS Deal Structures N/A

Carolin Gabor • Carolin steers the strategic development and further growth of existing Key Investment Criteria People who excel FinLeap Ventures. Prior to joining FinLeap, Carolin was CEO of TopTarif.de Managing Director and autohaus24.de which were successfully exited to Verivox GmbH and Sixt Leasing AG respectively Website www.finleap.com

Contact Email [email protected]

Contact Phone +49 30 577025820

INVESTOR BOOK 63 Finparx GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Finparx is a Fintech company builder based in Berlin & Munich. We partner with the best entrepreneurs to build products that impact the finance Offices Berlin, Munich industry. The core idea behind Finparx can be put into four words: Impact investment successfully. Finparkx invests in ideas that will change the financial system for the better. The team supports people who have the ambition and skills to turn potential into profit. The offering is simple: A Active Markets Germany vibrant, success-driven environment, with expert advisors and mentors, in which ideas can grow and turn into something big.

Founded 2013

Employees 5

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

AUM N/A

Target Investment Size N/A

Target Geographies Global

Target Sectors Finance industry

Investment Style N/A

KEY CONTACTS Deal Structures N/A

People who have the ambition and skills Key Investment Criteria to turn potential into profit.

Website www.finparx.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 64 GENUI

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

GENUI is a private investment firm established by a group of exceptional entrepreneurs and investment professionals. What sets GENUI apart is a Offices Hamburg 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 Active Markets Austria, Germany, Switzerland when making substantial investments in the respective companies.

Founded 2014

Employees 4-10 (of which 6 in Europe)

Current Fund Size €407m

SELECTED PORTFOLIO COMPANIES Use of Debt No

mymuesli GmbH - Leading food manufacturer for premium mass customised muesli in Germany AUM N/A

Target Investment Size €15m - €75m Fashionette GmbH - Leading German market online boutique for luxury and premium handbags and related acces- sories

Target Geographies Austria, Germany, Switzerland

GastroHero GmbH - Fast growing B2B e-commerce player Retail, E-Commerce Technology, Media, Target Sectors Health, Marketing, Analytics, Digital Services, Software FULL PORTFOLIO www.genui.de Investment Style Active

KEY CONTACTS Deal Structures Majority, Minority, Joint Control, Control Sumeet Gulati Strong management, profitable • Previously: Partner at EQT Partners, Angermann & Partner Consulting Partner Key Investment Criteria growth-oriented business, established • ME in Industrial Engineering (Hamburg) and PhD in Economics (Fribourg) [email protected] businesses with proven and successful

Patrick Gehlen Website www.genui.de • Previously: Investment Director at EQT Partners, Senior Banker at Deutsche Bank Partner • Master of Business Administration (Mannheim University) [email protected] Contact Email [email protected] Oliver Serg • Previously: Investment Director at EQT Partners, CFC Industriebeteiligungen (small/mid cap Partner special situations fund) Contact Phone + 49 (0) 40 320 8669 0 [email protected] • Master and PhD of Business Administration (European Business School Oestrich-Winkel) INVESTOR BOOK 65 German Start Up Group

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

German Startups Group, a Berlin-based investment company and venture capital provider for Germany’s flourishing startup scene, finances Offices Berlin young growth companies and also supports their set-up, funding acquisition, development, and – when the time is right – exit by providing them with business expertise. By analysing technology trends and market developments, the team of German Startups Group identifies, across a wide Active Markets Austria, Germany, Switzerland range of sectors, talented entrepreneurs with disruptive products or business models and high scalability, to which they have early access thanks to their close connections in the startup ecosystem. Their active investments, of which there are currently nearly 40, constitute a stage-agnostic cross-section of, in their view, promising “startups made in Germany Founded 2012

Employees 4-10 (of which 10 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

World’s leading social sound platform where anyone can create sounds and share them everywhere AUM N/A

Target Investment Size €100k - €2m World’s largest network of online food ordering sites, operating in 47 countries with over 270,000 restaurant part- ners

Target Geographies Austria, Germany, Switzerland

Online store that sells various brands of glasses in Germany E-commerce, Software, Mobile, FinTech, Target Sectors German Engineering

FULL PORTFOLIO www.german-startups.com/index.php/about-us/#holdings Investment Style Active

KEY CONTACTS Deal Structures Control, Joint Control, Minority

Christoph Gerlinger Entrepreneurial talent, scalability, • Founder and former CEO of Frogster Interactive Pictures AG, which he took pu- Key Investment Criteria disruptive potential CEO blic. Former Head of German operations Infogrames/Atari. Former CFO of CDV Software Entertainment. External expert for CDU on “Digitalization” Website www.german-startups.com/

Contact Email [email protected]

Contact Phone +49 30 6098890 80

INVESTOR BOOK 66 Global Founders Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Global Founders Capital is a fund ‘by entrepreneurs for entrepreneurs’. Our investment team consists of serial entrepreneurs, investment Offices Berlin, London, Paris, Munich 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 Active Markets Global eBay, Linkedin, Facebook, and many other successful Internet ventures. Through this fund they invest all over the globe, from Seed to Growth.

Global Founders Capital contributes with on-demand execution support for entrepreneurs who want to build category defining companies. Founded 2013 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 €0.2m - €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, Tech-enabled Services

FULL PORTFOLIO www.crunchbase.com/organization/global-founders-capital Investment Style Active

KEY CONTACTS Deal Structures Minority, Lead

Team, category defining companies, Oliver Samwer Daniel Jones Matthias Müller Key Investment Criteria businesses with attractive economics, Partner Partner Partner scaleable acquisition channels daniel@global matthias@global Website www.globalfounders.vc/ founderscapital.com founderscapital.com

Levin Bunz Hugues De Braucourt Contact Email [email protected] Princiapl Principal levin@global hugues@global Contact Phone N/A founderscapital.com founderscapital.com

INVESTOR BOOK 67 GMPVC German Media Pool GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Founded in March 2011, German Media Pool is Germany’s leading independent media for equity fund. GMPV provide entrepreneurs with the abi- Offices Berlin lity to achieve breakthrough media campaigns while conserving cash. Experience in entrepreneurship, venture capital fund management as well as media planning is combined and made available to the media partners and entrepreneurs. German Media Pool has invested a gross media Active Markets Germany volume in excess of €125m in 45 investment rounds in company such as Marley Spoon, Clark, Book A Tiger, momox and About You.

Founded 2011

Employees 1-10

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

BOOK A TIGER, online booking platform that matches customers with trusted, professional cleaners AUM €125m

Target Investment Size €1m - €5m JobToday, hiring app that matches job seekers and employers by location and other work criteria through its mobile messaging interface

Target Geographies Germany

Marley Spoon, Home delivery of recipes and ingredients to encourage home cooking Consumer-facing companies Target Sectors at a series A or later stage

FULL PORTFOLIO www.germanmediapool.com/portfolio Investment Style N/A

KEY CONTACTS Deal Structures Minority

Aljoscha Kaplan Strong co-investors and a good fit to • Founder and Managing Director of leading Media for Equity funds in Germany. Key Investment Criteria the media’s target groups Founder & Managing Director Background in Venture Capital, Media for Equity, consulting, media industry and internet business Website www.germanmediapool.com

Contact Email [email protected]

Contact Phone +49 30 609 847 838

INVESTOR BOOK 68 GR Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

GR Capital focus is on the Series A-C stages in the US, Europe, MENA. We prefer to invest in marketplaces, fintech, deep tech & AI, healthcare, and Offices Kiev, Riga IoT. 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 in- vestors. Our typical ticket size is $1.2m. We help our portfolio companies with digital marketing in Eastern Europe markets, setting up the cost-effi- Active Markets Global cient R&D office in and our network. We are open for the follow-on investments if the portfolio company achieves strong milestones

Founded 2016

Employees 11-25 (of which 12 in Europe)

Current Fund Size $30m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Deliveroo - Deliveroo is a technology company that focuses on marketing, selling, and delivering restaurant meal AUM $150m

Target Investment Size $500k - $5m Victor - Victor is an on-demand private jet charter

Target Geographies Global Owlet - The Owlet Baby Monitor is a proactive health monitor for sleeping infants that allows parents to view their Marketplaces, Fintech, Deep Tech & AI, child’s vital signs in real time Target Sectors Healthcare, IoT

FULL PORTFOLIO gr.capital/investments Investment Style Minority

KEY CONTACTS Deal Structures Flexible

Experienced team, strong traction, Roma Ivanyuk • 10 years of experience in investment banking alone. Originated and closed 50+ Key Investment Criteria defensible competitive advantage, deals both as a private entrepreneur and as the MD of the top Ukrainian invest- Managing Partner clear path to exit ment bank. At GR Capital sets the fund strategy, leads the investments sourcing [email protected] and investor relations Website gr.capital/

Max Filippov • 10 years of experience in corporate finance and private equity. 30+ various Contact Email [email protected] advisory for the clients, including M&A, capital raising, debt res- Vice President tructuring, strategic consulting. At GR Capital supervises day-to-day operations, Contact Phone N/A [email protected] manages current investments and helps sourcing new projects

INVESTOR BOOK 69 Grazia Equity GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Grazia Equity is one of the leading venture capital investors in Germany. The company has been supporting a large number of mostly young com- Offices Stuttgart panies, often from their foundation to the or eventual sale. Grazia’s success derives from a partnership with extraordinarily strong entrepreneurial teams to turn them into international market leaders. In contrast to other venture capital firms, Grazia predominantly Active Markets Austria, Germany, Switzerland, UK works with own capital that the partnership invest as entrepreneurs. Grazia’s portfolio companies profit from the wide entrepreneurial back- ground of its partner team as well as a far-reaching international network. Grazia focuses on investments in Europe and in particular, Germany; in selected circumstances the company co-invests in the USA. Grazia has invested early in category leaders such as Statista, Mister Spex, Moviepilot Founded 2001 and Quantenna.

Employees 4-10 (of which 7 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Mister Spex - E-commerce enterprise specialized in the sale of glasses, sunglasses and contacts AUM N/A

Target Investment Size €0 - €500K Moviepilot - Fastest growing movie community in the world with large properties on facebook, youtube, and 2 of the leading movie sites: moviepilot.de and moviepilot.com

Target Geographies Austria, Germany Statista - The first statistics portal in the world to integrate over 60,000 diverse topics of data E-Commerce Technology, Marketplaces, and facts from over 10,000 sources onto a single professional platform Target Sectors Communications, Health, Travel & Transportation FULL PORTFOLIO grazia.com/companies.html Investment Style Active

KEY CONTACTS Deal Structures Flexible

Alec Rauschenbusch Key Investment Criteria World-changing innovations CEO

Website www.grazia.com

Jochen Klüppel Contact Email [email protected] Partner

Contact Phone (711) 907-1090

INVESTOR BOOK 70 Hanse Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Hanse Ventures is the company builder in Hamburg. They develop their own internet and mobile business concepts, and implement these toge- Offices Hamburg ther with suitable founder teams. They are an incubator for internet ventures, combining: start-up concepts, talented people seeking to become founders who they scout and train, skills and resources to accelerate growth (like coding, online marketing, PR and recruitment), seed funding Active Markets International from their own resources and an extensive network of co-investors in order to build great companies.

Founded 2010

Employees 30 (of which all in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

TopTranslation is a crowd-based high-end B2B translation services AUM N/A

Target Investment Size N/A Mondosano is a patient portal that provides information concerning clinical research in Germany

Target Geographies Hamburg Rebelle is a marketplace for second hand designer fashion and accessories

Target Sectors Internet, Mobile

FULL PORTFOLIO hanseventures.com/en/portfolio Investment Style Founding of 2 - 4 start-ups p.a.

Incubator model: KEY CONTACTS Deal Structures Straight equity, Resources and Infrastructure Alex Eulenburg Scalable online based concepts, • Many years of experience in corporate finance, gained in investment banking at Key Investment Criteria talented people and Partner and CFO JP Morgan, WestLB Panmure and M.M.Warburg & CO in London and Hamburg good match with Hanse Ventures • PhD in applied physics Website www.hanseventures.com

Contact Email [email protected]

Contact Phone +49 40 38 66 25 95

INVESTOR BOOK 71 Hedosophia

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Hedosophia is a London based growth Venture Capital investor looking at B2C companies in Europe, the US and China. Offices London

Active Markets UK

Founded 2011

Employees 2-10

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

AUM N/A FULL PORTFOLIO www.hedosophia.com

Target Investment Size N/A

Target Geographies Europe, US and China

Target Sectors N/A

Investment Style N/A

KEY CONTACTS Deal Structures N/A

Philippe Mota • Previously: Investment Banking at JP Morgan Key Investment Criteria B2C companies • Companies: Citadin Shoes Principal • BSc at Nova School of Business and Economics, MBA exchange student at Bab- son College and Master in Management at HEC School of Management Website www.hedosophia.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 72 Heinen-Verlag Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Heinen Verlag Ventures is the corporate venture arm of Heinen Verlag, the venture arm was just established in 2017 (please excuse the lack of Offices Cologne a proper website, it will follow soon). Heinen Verlag, founded in 1946, is a Cologne-based publishing house with activities and history in regional print media. Active Markets Germany Heinen Verlag Ventures is looking for seed and early stage investments in business models, products and/or markets, which anyhow fit to activi- ties of a modern media company. Critical criteria for an investment is a technology-driven USP. They do minority investments (no strategic investments), but offer hands-on support in all business fields and provide access to the media Founded 2017 industry.

Employees 1-3 (of which 2 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

StyleLounge - Meta-platform for fashion AUM N/A

Target Investment Size €50k - €350k Joblift - Meta-platform for jobs

Target Geographies Austria, Germany, Switzerland

Marketplaces, Media, Communications, Target Sectors Education Technology, Analytics, Digital Services, Hardware FULL PORTFOLIO N/A Investment Style Flexible

KEY CONTACTS Deal Structures Minority

Johannes Heinen • Ex-CEO and founder of StyleLounge Technology-driven USP, scalability, Key Investment Criteria • Former management positions at Dreamlines and Goodgame Studios seed/early stage, team Managing Director • Studied business and engineering in Aachen, Berlin and Brazil [email protected] Website N/A

Contact Email [email protected]

Contact Phone +49(0)221 1632 207

INVESTOR BOOK 73 High-Tech Gründerfonds

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

High-Tech Gründerfonds (HTGF) is Germany’s most active seed stage investor. With EUR 576 million under management in two funds we provide Offices Bonn, Berlin financing for technology-driven companies active in a wide range of fields, including robotics, IoT and energy, Medtech and Biotech, chemicals and software. Investors in this public-private partnership include the German Federal Ministry of Economics and Energy, the KfW Banking Group, Active Markets Germany and 18 strategic corporate investors.

Founded 2005

Employees 26-50 (of which 50 in Europe)

Current Fund Size €576m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Fodjan is the SaaS solution to calculate animal feed in agriculture and provides an online trade for fodder AUM €576m

Target Investment Size €600k - €2m Autoaid develops and distributes a self-learning, webbased vehicle diagnostics system for professional use in vehicle repair shops and develops remote diagnostic solutions for vehicle fleets

Target Geographies Germany BlueID by baimos technologies is the digital keychain for smartphone apps and IoT devices. The BlueID SDK is li- censed to solution providers and IoT device makers, solving the problem of secure digital keys, identity and access Target Sectors Agnostic management

FULL PORTFOLIO high-tech-gruenderfonds.de/en/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Lead

Chiara Sommer • Senior Investment Manager Chiara Sommer holds the fort for HTGF in Berlin. Key Investment Criteria Innovative hightech The economist and founder of an online advice start-up has amassed extensive Senior Investment Manager experience in business development / sales, fundraising and corporate finance. [email protected] Chiara is also extremely well-connected in Berlin’s start-up scene Website high-tech-gruenderfonds.de/en/

Contact Email [email protected]

Contact Phone +49 228 82300100

INVESTOR BOOK 74 Holding Italiana Quattordicesima - H14

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Holding Italiana Quattordicesima S.p.A. (H14) is an Italian family office headquartered in Milan, qualified shareholder of Fininvest SpA, one of Offices Milan the largest European media group. H14 invests across several asset classes, including Direct Investments in Venture and Growth capital, Private Equity Funds, Hedge Funds and broad Capital Markets. Its geographical scope is global, mainly focused on North America and Europe and oppor- Active Markets Italy tunistically on Emerging Markets.

As investor in Venture and Growth capital, H14 acts as a long-term partner in supporting digital entrepreneurs and companies to expand their Founded N/A business across Europe through its strategic network.

Employees 11-50

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

payleven enables small and medium sized businesses to accept card payments via smartphone or tablet. AUM N/A

Target Investment Size N/A Westwing is an online platform and company that provides products and services related to interior designing. Global, mainly focused on Target Geographies North America, Europe and opportunistically on Emerging Markets

Target Sectors Digital

FULL PORTFOLIO www.h14.it/ Investment Style Active

KEY CONTACTS Deal Structures N/A

Luigi Berlusconi Key Investment Criteria N/A Partner [email protected] Website www.h14.it/

Luca Bocchio Contact Email [email protected] Principal • Previously: Bain & Company • Companies: SumUp, Westwing Home & Living, GetYourGuide, Payleven [email protected] Contact Phone +39 02 6347 1469

INVESTOR BOOK 75 HV Holtzbrinck Ventures Event Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Founded in 2000, we are one of the leading independent European early stage funds. For over 16 years we have believed in the disruptive po- Offices Munich, Berlin tential of the Internet and have been supporting founders in developing their Internet businesses. During this time, we as a team have invested in over 150 businesses, such as Zalando, Wooga, Lazada, Global Fashion Group, Groupon, Quandoo, Flixbus, HelloFresh, Westwing, Home24, Germany, Netherlands, Portugal, Sweden, Active Markets Delivery Hero, Scalable Capital, thermondo, Ottonova and many others. United Kingdom

We were one of the few venture capital firms in the past to ourselves found internationally successful companies such as Parship and Experteer. Founded 2000 Our aim is to support the founders in developing their business as intensely as possible. This approach has made us one of the most successful European early stage investors. Employees 11-25 (of which 20 in Europe)

Current Fund Size €285m

SELECTED PORTFOLIO COMPANIES Use of Debt No

zalando - Europe’s largest online fashion company AUM N/A

Target Investment Size €500k - €30m Flixbus - Fastest growing European long-distance bus operator France, Germany, Netherlands, Target Geographies Portugal, Spain, Sweden, Switzerland, United Kingdom Scalable Capital - Fully licensed automated robo-advisor for private wealth management E-Commerce, Education Technology, Target Sectors Travel & Transportation, Fintech, Financial Services, Health, Digital services FULL PORTFOLIO www.holtzbrinck-ventures.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority

David Kuczek Christian Saller Rainer Maerkle Market size, Proposition, Key Investment Criteria Relevance General Partner General Partner General Partner david.kuczek christian.saller rainer.maerkle Website www.holtzbrinck-ventures.com/ @holtzbrinck.net @holtzbrinck.net @holtzbrinck.net

Christoph Jung Lars Langusch Martin Weber Contact Email [email protected] General Partner General Partner General Partner christoph.jung lars.langusch martin.weber Contact Phone N/A @holtzbrinck.net @holtzbrinck.net @holtzbrinck.net

INVESTOR BOOK 76 HoReCa.digital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

HoReCa.digital GmbH is METRO’s newly established subsidiary focusing on helping independent restaurants, hotels and caterers - with innovative Offices Düsseldorf, Paris, Munich, Berlin digital tools and solutions to improve their business. They are a 50-plus person strong team representing more than 10 key nationalities, driving innovation in hospitality through the METRO Accelerator powered by Techstars, as well as large scale eco-system pilots in key geographies. They Active Markets Austria, France, Germany, Italy, Spain help confirmed and scalable innovations to gain further traction by leveraging METRO’ Cash & Carry’s more than 750 stores and 3,000+ people salesforce in structured programs. Different from many other corporates, their investment arm leverages established investment industry best-practices and structures to help VC/PE-experienced staff to make exit focused co-investments. Separately set up from METRO Cash & Carry Founded 2015 and directly reporting into METRO Wholesale & Food Specialist, they are a fast-growing and agile unit.

Employees 26 - 50 (of which all in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

FULL PORTFOLIO N/A AUM N/A

€100k - €250k (HoReCa Innovation I) Target Investment Size €250k - €40m (HoReCa Investment) DACH, Belgium, Denmark, Finland, Target Geographies France, Italy, Netherlands, Norway, Portugal, Spain, Sweden Hospitality Tech, Foodtech, Target Sectors Hospitality, Retail

Investment Style Active

KEY CONTACTS Deal Structures Minority

Sabine Flechet Digital transformation in the target sec- • Sabine is an experienced professional with background in strategy consulting, Key Investment Criteria tors; disruptive, scalable, fast growing Director Innovation Fund private equity and investment banking, targeting investment opportunities in businesses with traction in Europe growth stage companies in Europe [email protected] Website www.linkedin.com/company/horeca-digital

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 77 idinvest Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Idinvest Partners has one of the most active and successful Venture Capital teams in Europe. In the last 10 years, they have invested in ~100 Offices Paris companies in the digital space with landmark investments such as Criteo (IPO), Lastminute.com (sold to Travelocity), Dailymotion (sold to Orange in 2013), Deezer, Meetic (sold to Match.com), Talend, Vestiaire Collective, Pretty Simple (the French studio behind Criminal Case), Withings (sold Active Markets Europe to Nokia in 2016) and Sigfox (which recently raised over $100m).

The company is currently building presence outside of France with investments in companies such as Secret Escapes, Peakon, Social Point, Kan- Founded 1997 tox, Planday, Clear2Pay (sold to Fidelity), Financefox, Onfido etc. and their ambition is to put more emphasis on the geographical expansion and be a pan-European venture firm. Idinvest is focus on taking minority investments at the Series A / Series B stage (with occasional participation in Employees 70 seed deals and later stage transactions), both in the B2B and B2C space and take board seats in order to try to help building the next Eunicorns.

Current Fund Size €110m / per year in the digital space

SELECTED PORTFOLIO COMPANIES Use of Debt No

Criteo, Ad retargeting leader - NASDAQ successful IPO in 2013 with a 2.6bn market capitalization AUM €6.5bn, of which €1.5bn in VC

Target Investment Size €1m- €15m in VC investments Deezer, The French Spotify rumored to have entered the very private Unicorn group of startups.

Target Geographies Europe

happn, mobile app based on hyper location and real time. Target Sectors TInternet / Software

FULL PORTFOLIO www.idinvest.com/en/portfolio/tous-portefeuille Investment Style Active / Board

KEY CONTACTS Deal Structures Minority

Carlo Pohlhausen • Carlo is a member of HgCapital’s TMT team, based in the firm’s Munich office. Key Investment Criteria Team & market potential He joined HgCapital in 2012 from McKinsey & Company, where he worked in Investment Executive the financial institutions sector and corporate finance practice. Before this, he founded the German internet startup frents.com Website www.idinvest.com

• TStefan is a member of HgCapital’s TMT and Online team in Munich. He joined Stefan Margolis Contact Email [email protected] HgCapital at the beginning of 2013. Previously he spent three and a half years at Principal Private Equity firm Warburg Pincus where he was part of the Services and TMT Team. Stefan started his career at The Boston Consulting Group, where he was Contact Phone +33 6 15 13 10 13 part of the Corporate Finance Task Force for three years.

INVESTOR BOOK 78 iLab Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Founded in 2000, iLab Ventures is an online platform investing in early and growth stage businesses in Turkey. They operate leading classifieds Offices Istanbul and marketplace businesses driven by outstanding management teams. They aim to build the largest online platform in Turkey with an array of consumer related businesses that fulfill essential needs of a person throughout their life. iLab portfolio of companies operate businesses in jobs, Active Markets Turkey property and car classifieds segments as well as marketplace businesses in insurance, finance, travel and products categories. Portfolio compa- nies reach in aggregate 40% of Turkish Internet Audience and employ over 1,200 people.

Founded 2000

Employees 1.2k+

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Kariyer.net is the largest job board and online recruitment business with 70% market share in Turkey AUM $400m

Target Investment Size $2m - $10m Arabam.com is the largest car classifieds business in Turkey with 15m monthly visits

Target Geographies Turkey sigortam.net - The largest online insurance broker in Turkey, comparing products from +20 insurance companies Classifieds, Marketplace, Financial Services Target Sectors and Travel

FULL PORTFOLIO www.ilab.com.tr Investment Style Active

KEY CONTACTS Deal Structures Control, Majority

Mustafa E. Say Management team, sustainable competi- • Founder of ATCG and iLab Ventures Key Investment Criteria tive advantage, scalable business oppor- Managing Partner • Previously a Senior Vice President at Vinmar International and Vice President at tunity, traction and clear business model GE for Chemicals Trading [email protected] Website www.ilab.com.tr

Yuksel Dibekoğlu Contact Email [email protected] • Joined iLab in 2003 Director • 20 years of experience in investment banking, operating and investing in early stage and high growth online businesses Contact Phone +90 216 468 10 10 [email protected]

INVESTOR BOOK 79 Innogest SGR

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Innogest is a venture capital firm founded in 2006 with offices in Turin, Milan, Berlin and San Francisco. With over 200€ million of capital under Offices Turin, Milan, Berlin, San Francisco management, Innogest focuses on promising seed and early stage venture opportunities in the digital and in the medical fields.

France, Germany, Israel, Italy, Spain, Active Markets Regarding disruptive innovation in digital technology, Innogest is particularly focused on the verticals of foodtech, fintech, fashion-tech and travel. United Kingdom In medtech, Innogest invests with a focus on medical, diagnostic, therapeutic and digital health devices and with particular attention to neurology, oncology and cardiovascular. Founded 2006

Innogest invests in high potential companies through equity, paying special attention to market potential and size. Its commitment is to support Employees 4-10 (of which 10 in Europe) portfolio companies over a long period of time in order to develop their full potential.

Current Fund Size €85m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Next generation microcatheter for brain thrombectomies AUM €205m

Target Investment Size €500k - €5m Complementary credit and payment system for local SMEs and their workforce

Target Geographies Global

Supermercato24 - The fastest way to grocery shop, offering same day delivery within 1 hour Target Sectors Digital and medtech

Retail, E-Commerce Technology, FULL PORTFOLIO www.innogest.it/portfolio/ Investment Style Marketplaces, Travel & Transportation, Financial Technology, Financial Services KEY CONTACTS Deal Structures Minority, Co-Lead • Stefano is co-head of Innogest’s digital practice. Stefano Molino Seed/Early stage ventures targeting • Prior to Innogest, Stefano was Investment Manager at Piemontech, Investment Key Investment Criteria global opportunities in the healthcare Partner Manager at Fondazione Torino Wireless and Business Analyst at Istituto and digital fields Superiore Mario Boella. He holds a MS and a PhD in Engineering from Politecni- [email protected] Website www.innogest.it co di Torino

Contact Email [email protected]

Contact Phone +39 (335) 644-3382

INVESTOR BOOK 80 innogy Ventures GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

innogy Ventures is the venture capital arm of innogy SE, one of Europe’s largest utility companies. The purpose is to find the best teams that strive Offices Essen, Berlin to make the world a better place.

Active Markets Europe, Israel Although innogy Ventures is a corporate VC, they approach each investment opportunity much like a financial investor. The primary goal is to generate superior returns through profitable exits.

Founded 2016 Innogy Ventures runs a quick and transparent process and take a collaborative, portfolio-first approach. Each venture is supported with a hands- on attitude, deep market understanding and business development assistance. Employees 4-10 (of which 7 in Europe) Innogy Ventures offers the portfolio companies access to relevant people and units within the innogy group to help them become more compe- titive and accelerate their growth. Current Fund Size €130m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Move24 stands for stress-free moving for a low price AUM €130m

Target Investment Size €1m - €5m BigchainDB starts with a big data distributed database and then adds blockchain characteristics

Target Geographies Europe, Israel

Marketplaces, Travel & Transportation, Target Sectors Financial Technology, Marketing, Analytics, Digital Services, Energy FULL PORTFOLIO www.innogy-ventures.com/web/cms/en/477326/innogy-venture-capital-gmbh/portfolio/active-portfolio/ Investment Style Flexible

KEY CONTACTS Deal Structures Minority, Lead

We believe in digital innovation that is Mischa Wetzel Matthias Engel Veronique Hördemann Key Investment Criteria data-driven, utilizes proprietary, transac- Investment Partner Managing Partner Investment Partner tive technologies, and contributes to the mischa.wetzel matthias.engel veronique.hoerdemann Website www.innogy.ventures

Felix Krause Thomas W. Thomas Contact Email [email protected] Investment Partner Managing Partner felix.krause thomas.thomas Contact Phone N/A

INVESTOR BOOK 81 Inven Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Independent venture capital fund established by ČEZ, a major European energy utility, to invest in the European new energy sector. Offices Prague Inven Capital seeks investments into small to middle-market innovative cleantech companies.

Active Markets Europe Inven is interested in areas such as energy efficiency, distributed generation, flexibility and storage, energy and telco data services, and clean transportation.

Founded 2014 Inven targets later stage growth opportunities with business model proven by sales and with significant growth potential. The focus is on creating long term value through an active support of the companies and their founders. Given the background in energy, they Employees 2 - 10 can provide unique benefits to portfolio companies and co-investors, e.g. through piloting on the customer and asset base or through access to a significant energy trading desk.

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

tado° offers smart thermostats and apps that adjusts to the real-time behavior of residents in private homes and AUM N/A small businesses

Target Investment Size €3m - €20m SunFire, provides third-generation liquid fuels and combustibles

Target Geographies Europe Sonnen, previously known as Sonnenbatterie, is a German-based pioneer for intelligent lithium based energy Energy Efficiency, Distributed Generation, storage Target Sectors Flexibility and Storage, Consumer Engagement Product, Clean Transportation FULL PORTFOLIO www.invencapital.cz/en/home.html#portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority, Majority

Fast growing European startups, with Daniel Edgerley • Daniel’s past experience is in private equity, telecommunications, business Key Investment Criteria scalable business models valuations, and restructuring. Experienced in business valuations, derivative and Senior Associate proven by sales financial instrument valuations and restructuring with one of the big 4 global accountancy firms Website www.invencapital.cz

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 82 Inventure Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Inventure Partners is an innovative investment fund focused on funding disruptive technology startups. The fund looks for teams with a novel Offices Moscow approach to business models, and companies that are able to solve real problems and remove inefficiencies in the market. Inventure Partners backs a wide range of ventures across the technology industry, and the fund’s portfolio currently includes on-demand service Gett (GetTaxi), Active Markets France, Germany, Israel, Russia, Switzerland, UK leader in US telehealth American Well, long-distance bus tickets platform Busfor, and others.

Founded 2012

Employees 4-10 (of which none in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

FULL PORTFOLIO inventurepartners.com/portfolio/ AUM N/A

Target Investment Size $500k - $5m

France, Germany, Israel, Russia, Target Geographies Switzerland, UK

E-commerce, Marketplaces, Media, Edu Tech, Target Sectors Travel & Transportation, Marketing

Investment Style Active

KEY CONTACTS Deal Structures Flexible

Sergey Azatyan • Sergey is a Co-founder and Managing Partner at Inventure. Sergey lead firm’s Key Investment Criteria IRR, NPV, PBP, DPBP, COC Managing Partner investments in Gett, Netology, Chronext, American Well, and Ometria among others [email protected] Website inventurepartners.ru/

Anton Inshutin Contact Email [email protected] • Anton is a Co-founder and Managing Partner at Inventure. Anton lead such Managing Partner notable investments as Gett, Busfor, Onlinetours among others Contact Phone N/A [email protected]

INVESTOR BOOK 83 Iris Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Paris, Cologne, Dubai, Riyadh, Montreal, San Iris Capital is a pan-European venture capital fund manager specializing in the digital economy. Since its inception in 1986, the Iris Capital team Offices Francisco, Beijing, Tokyo has invested more than €1bn in more than 230 companies. Iris Capital targets opportunities in service or technology companies, seeking growth capital in order to realize their strategy. It provides active support to its portfolio companies on the basis of its strong sector specialization and Active Markets Global experience, and has offices in Paris, Cologne, San Francisco, Montreal, Riyadh, Dubai, Beijing and Tokyo. In 2012 Iris Capital has entered into a strategic partnership with Orange and Publicis to manage their joint venturecapital initiative.

Founded 1986

Employees 26 - 50

Multiple funds for different stages and Current Fund Size geographies under management SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Search Analytics software provider, Germany/USA AUM N/A

Target Investment Size €1m - €20m Online re-Commerce for entertainment products, Germany

Target Geographies Europe, North-America, Asia, MENA

Big data integration software solutions, USA/France Early- and later- stage investments Target Sectors in the digital economy

FULL PORTFOLIO iriscapital.com/en/investissements-en-cours Investment Style Proactive

KEY CONTACTS Deal Structures Minority, special situations

Curt Gunsenheimer • Curt joined Iris Capital in 2002 and became a partner in 2005 High-growth potential coupled with Key Investment Criteria • He has twenty years of experience in venture capital and public-market exceptional management teams Partner • financing of growth technology companies, with particular expertise in the field of Software Website iriscapital.com

Contact Email [email protected]

Contact Phone +33 (0) 1 45 62 73 73

WINVESTOR BOOK 84 K Fund

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

K Fund is an early stage VC firm that, with an entrepreneur-centric philosophy, aims to fuel the evolution of the Spanish startup ecosystem by Offices Madrid investing in the best and brightest entrepreneurs and tech companies in the region. They as investors, strongly believe that entrepreneurs should lead the way. They are looking to back people with focus on design, revolutionary products, and who dream of leading the market they’re in. The Active Markets Germany, Spain K fund team has 34 years of experience leading companies, 31 years of experience as a VC, 91 investments made, 11 startup helped exit.

Founded 2016

Employees 4-10 (of which 10 in Europe)

Current Fund Size €50m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Billin is a free SaaS that allows SMEs and freelancers to create and manage invoices efficiently AUM N/A

Target Investment Size €100k - €2m Coverfy allow you to have all insurance policies in one free App

Target Geographies Spain

A dynamic pricing solution that is working with over 1,500 hotel to improve their Revenue Management E-commerce, Marketplaces, Edu Tech, Travel Target Sectors & Transportation, Fintech, Digital Services

FULL PORTFOLIO https://kfund.co/en/companies/ Investment Style Active

KEY CONTACTS Deal Structures Lead

Internet companies, ability to scale, Ian Noel Key Investment Criteria potential big markets, global mindset, Co-founder & General Partner • Venture Capitalist. exPortfolio Manager Bonsai Venture Capital. clear strategy, great ambition [email protected] Website kfund.vc

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 85 K-Invest

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

K-Invest is an early stage venture capital firm backed by one of Germany‘s biggest distance retailers. They help change commerce and adjacent Offices Berlin industries since 2009. They are interested in (e)-commerce, fashion/consumer goods, ad/retail-tech, logistics and data centric companies. They plan to grow their portfolio further and are ready to support start-ups not only with funds between €0,5 and 2m but also with corporate assets. DACH, France, Belgium, Estonia, Israel, Nether- Active Markets lands, Spain, UK

Founded 2009

Employees 4 - 10 (of which 5 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

ubermetrics - big data technology for media monitoring AUM N/A

Target Investment Size €500k - €2m Roq.ad offers a proprietary Cross-Device technology, compliant with strict German consumer privacy laws, mat- ching devices to people and people to households

Target Geographies Europe, Turkey, Israel, Russia, UK

shipcloud is a cloud-based shipping service provider for sending packages Retail, E-Commerce Technology, Marketpla- Target Sectors ces, Marketing, Analytics, Digital Services

FULL PORTFOLIO www.k-newmedia.de/k-invest/beteiligungen Investment Style Active

KEY CONTACTS Deal Structures Flexible • MD at K-Invest Christoph Hellmann • Previously: Head of Business Development and Inhouse Consulting at necker- Key Investment Criteria TTT: team, traction, transparency MD mann.de GmbH, Senior Consultant and Project Manger at dgroup • Education: EBS Universität für Wirtschaft und Recht, National University of Sin- [email protected] Website www.k-newmedia.de/k-invest gapore, MSc from Universiteit Maastricht

Contact Email [email protected]

Contact Phone +49 30367277-0

WINVESTOR BOOK 86 Kizoo Technology Capital GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

KIZOO helps young start-up teams grow by providing mentoring, seed and early stage financing in SaaS, Internet & Mobile Services and a growing Offices Karlsruhe 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 KIZOO is looking for committed entrepreneurial teams with a clear focus to build high growth products. If you are looking for financing please feel Founded 2008 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 4 in Europe) Mentoring A bit more early? The team is happy to work with a few selected teams prior to financing on their case to develop a plan forward regarding market, product, organization and financing strategy. 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 Staffbase - It supports industry leaders with their own branded app to engage their diverse, disconnected and dis- Education Technology, Health, tributed workforce Target Sectors Digital Services,Financial Services

FULL PORTFOLIO www.kizoo.com/en/ 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 Committed entrepreneurial teams, clear Matthias Hornberger since the IPO of the AG in 2000. With his long-standing experience in the invest- Key Investment Criteria focus to build high growth products, ment sector and his comprehensive knowledge of typical features of successful CFO technical expertise product business models on the Internet, he is a competent reference person for young founders. Matthias has extensive contacts in the high-tech industry and nume- Website www.kizoo.com/en/ rous local and national networks

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 87 Kreos Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

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 Offices 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 Active Markets Europe, USA, UK, Israel and the unique challenges that they face as global competitors.

The Kreos team has worked with companies at all stages of development offering everything from operational runway extensions through ac- Founded 1998 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 Employees 11-50 seats, 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 businesses and equity sponsors and investors. Current Fund Size €400m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes Kreditech Group’s mission is to improve financial freedom for the underbanked with the use of technology. Com- bining non-traditional data sources and machine learning, the company is aiming to provide access to better credit AUM €1.8bn+ 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 Services, Cleantech, Communication, data giving marketers the ability to track consumers across multiple devices and as such can be utilised as a tool to Target Sectors Consumer, Life Sciences, Semiconductor, drive marketing efficiency (both from a cost and performance point of view). Software, Gaming, E-commerce FULL PORTFOLIO http://www.kreoscapital.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 Key Investment Criteria High-growth companies Partner Management Consultant at Ernst & Young International • M.Sc. from the Stockholm School of Economics and the Wharton School of the Website www.kreoscapital.com/ University of Pennsylvania

Contact Email [email protected]

Contact Phone +44 (0) 20 7758 3450

INVESTOR BOOK 88 Lakestar Event Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Lakestar makes early and growth stage investments in technology-enabled businesses predominantly in Europe and the United States driven by Offices Berlin, Zurich, New York, Guernsey exceptional entrepreneurs. We enjoy investing with a specific focus on business models that can achieve global scale quickly.

Active Markets US, Europe, Asia Lakestar and its General Partners have historically invested in facebook, Spotify, Skype, , klarna, and King.com, and more recent invest- ments include Oscar, Algomi, Teralytics, GoEuro, AngelList, Maker Studios, Taulia and Harry’s.

Founded 2012 The Lakestar team is on the ground in Berlin, London, Guernsey, New York City and Zurich.

Employees 14

Current Fund Size €350m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Spotify is a commercial music streaming, podcast, and video service that provides digital rights management–pro- AUM €500m tected content from record labels and media companies

Early Stage: €1m - €10m Target Investment Size Oscar is a New York based technology-driven healthcare service and insurance provider for US citizens. It has been Later Stage: More than €10m created as a reaction to changes in the US healthcare environment, commonly known as the “Obamacare” program

Target Geographies US, Europe, Asia Harry’s business model is to design and produce high-quality razors and shaving equipment and sell them at a com- Internet and mobile technology petitive price point despite high-quality design Target Sectors enabled businesses

FULL PORTFOLIO www.lakestar.com Investment Style Active

KEY CONTACTS Deal Structures Minority Shareholder

Klaus Hommels Michael Stuenkel Christoph Schuh Outstanding Teams / Entrepreneurs, Key Investment Criteria global scale Founder & CEO Partner Partner

[email protected] [email protected] Website www.lakestar.com

Magnus Graf Lambsdorff Nicolas Brand Mathias Haniel Contact Email via Linkedin Partner Partner Investment Manager

Contact Phone N/A [email protected]

INVESTOR BOOK 89 Lumia Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Lumia is an expansion-stage VC partnering with leading tech companies in under-invested emerging markets and forward-thinking US companies Offices San Francisco targeting these markets to accelerate growth. Lumia employs a hands-on strategy, working closely with management teams by pairing Silicon Valley insights and contacts with global knowledge sharing and relationships to propel companies through expansion-stage challenges and Active Markets Israel, UK opportunities.

Founded 2011

Employees 4 - 10 (of which none in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

DICE is the leading live music discovery and platform AUM N/A

Target Investment Size $1m - $20m Cymmetria is a cyber deception startup focused on changing the asymmetry of cybersecurity

Target Geographies Germany, Israel, UK

Marketplaces, Financial Technology, Gaming, Target Sectors Analytics, Enterprise SaaS, Mobile, Telecom, Frontier Tech FULL PORTFOLIO lumiacapital.com/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Martin Gedalin • Founder of Lumia Capital Expansion Stage: $10m+ Net Revenue Key Investment Criteria • Previously Focus Ventures, Oracle, NCR Early Stage: $1m Net Revenue Partner • Companies: Hired, Pagerduty, LeadGenius, EatStreet, Kabbage, Xtime (acquired [email protected] by Cox Automotive), OpenDNS (acquired by Cisco) Website lumiacapital.com/

Joel Ayala • Forbes 30 Under 30 Contact Email [email protected] • Previously YuMe, Jefferies, Founder of Mingleton Vice President • Companies: Armory, Dice, Finix, Meliuz Contact Phone N/A [email protected]

INVESTOR BOOK 90 MairDumont Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

MairDumont Ventures invests in digital travel start-ups in Europe. They behave like a classic venture capital investor and believe in the entrepre- Offices Ostfildern neur’s independence. They are different from a classic venture capital because they are part of MAIRDUMONT Group and can exploy its network and market know-how. Active Markets Germany

Founded N/A

Employees N/A

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Beach-Inspector is the world’s largest beach information and rating platform. AUM N/A

Target Investment Size N/A Travelcircus is a premium online travel platform that markets passionately selected hotels and events to an exclu- sive target group.

Target Geographies Germany Fineway - Smart Travel Concierge blending real human experts with cutting-edge technology for perfectly tailored travel experiences. Target Sectors Travel

FULL PORTFOLIO www.md-ventures.de/ Investment Style N/A

KEY CONTACTS Deal Structures Minority (mainly)

Stefan Wendel • Previously: Investment banking at SEB Enskilda, after he joined a young start-up Companies that shape the future with Key Investment Criteria supermarkt.de AG. From 2013 investment management at High-Tech innovative ideas Senior Investment Manager Gründerfonds [email protected] • BSc from Goethe University in Frankfurt and MSc from University of Mannheim Website www.md-ventures.de/

Contact Email [email protected]

Contact Phone +49 0711 4502-0

INVESTOR BOOK 91 MCI Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

MCI Capital - European Leading Growth Capital Firm With Passion for Digital Transformation, based in Warsaw, Poland. Offices Warsaw Within the Group, there are currently 5 funds, including: MCI.TechVentures and MCI.EuroVentures. MCI Capital is working with companies that disrupt old economy models: fintech, e-commerce, marketplaces, IoT, SaaS, e-travel. Europe Active Markets (CEE, Turkey, Israel, DACH, Scandinavia) The firm has over 15 years of experience in the market, with a track record of IRR over 23%. In that time, they have realized over 30 exits. Currently, 50% of the portfolio is located outside our origin market – Poland. MCI Capital is present in companies across Europe; from London Founded 1999 to Moscow, and from Stockholm to Tel Aviv. The latest milestone exit was INVIA; from 2008 to 2016 MCI Capital has built a regional champion in e-travel and realized 46% IRR on the investment. Employees 30 (of which all in Europe)

Current Fund Size $580m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes ATM - Polish company founded in 1994. The leader of the data center market with an extensive fiber optic infras- tructure. It operates in two segments: the segment of data center services and telecommunications services. Listed AUM $625m on the Warsaw Stock Exchange since 2004

Target Investment Size $10m - $25m Leader of the market of on-demand transport services and a major global B2B player

Europe Target Geographies (CEE, Turkey, Israel, DACH, Scandinavia) Number one provider of services and apps in Europe and Latin America. From card readers for smartphones and tablets to cash registers, sales tools and cash advances, all of iZettle’s solutions are simple to set- Target Sectors Fintech, E-commerce, Marketplaces up, super secure and designed to help small businesses grow.

FULL PORTFOLIO mci.pl/en/portfolio Investment Style Active

KEY CONTACTS Deal Structures Mixed

Tomasz Czechowicz Key Investment Criteria Markets and ticket size Managing Partner, Founder • Chief Investment Officer [email protected] Website www.mci.eu

Contact Email [email protected]

Contact Phone +48 694400787

INVESTOR BOOK 92 media + more venture Beteiligungs GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

media + more venture is a joint holding company comprising Badisches Pressehaus (which owns the newspaper title Badische Zeitung, Freiburg), Offices Heilbronn Druck & Medien Heilbronn (Heilbronner Stimme) and VRM GmbH & Co. KG (Allgemeine Zeitung, Mainz). All three partners have demonstrated a highly innovative approach over many years – even beyond the print media sector. Particularly with respect to online business, the companies set Active Markets Austria, Germany the course early on for a cross-media future. The publishing partners are seeking to strengthen their investments in innovative companies e.g. through HTGF, tapping into new business fields beyond the traditional markets.

Founded 2013

Employees 4-10 (of which 7 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

FULL PORTFOLIO www.mms.hn AUM N/A

Target Investment Size €100k - €1m

Target Geographies Austria, Germany

E-Commerce Technology, Marketplaces, Target Sectors Media, Digital Services

Investment Style Active

KEY CONTACTS Deal Structures Flexible

Ludwig Ederle Key Investment Criteria Team Managing Director • https://www.linkedin.com/in/ludwigederle/ [email protected] Website www.mms.hn

Contact Email [email protected]

Contact Phone +49 (7131) 615361

INVESTOR BOOK 93 Nauta Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Nauta Capital is a venture capital fund that specializes in Series A financings of disruptive technology companies. Nauta’s core focus is on Offices London, Barcelona game-changing, capital efficient, B2B software propositions. Sectors include Digital Marketing, Media Technology, Social Intelligence, Analytics, Data Driven Companies, Mobile and Internet Technology and Solutions, and IT Security. A typical initial equity ticket is between €0.5m and €4m, Active Markets Spain, UK with the ability to provide additional capital over the life of the investment. Nauta has offices in London, Barcelona and Boston, and focus on -in vestments in Western Europe and East Coast US. The Company has €350 million under management and has led investments in 30+ companies including Scytl, Brandwatch, CloudIQ, BeMyEye, Basekit, Rifiniti, ForceManager, Marfeel, Getapp, Incrowd, Privalia and Social Point. Founded 2004

Employees 11-25 (of which 20 in Europe)

Current Fund Size €155m

SELECTED PORTFOLIO COMPANIES Use of Debt No

ABA English - Online English teaching platform that offers courses B2B, B2C and via worldwide e-learning AUM €350m distributors

Target Investment Size €500k - €4m abiquo - Open-source cloud computing platform allowing creation and management of complex infrastructures in a sole platform

Target Geographies Ireland, Portugal, Spain, UK

BaseKit - Mobile sitebuilder for telcos, hosting and enterprise Retail, Education Technology, Analytics, Target Sectors Digital Services, Offline Services

FULL PORTFOLIO www.nautacapital.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Majority, Lead

David Smejkal • David is based out of London he is involved in the deal flow generation, Capital efficiency, B2B, B2B2C or Key Investment Criteria investment screenings and business due diligence process for the UK initiative. Lean Consumer Plays Investment Associate Prior to joining Nauta, David acquired professional experience across various [email protected] sectors on a global scale including Beijing, Hamburg and London Website www.nautacapital.com/

Contact Email [email protected]

Contact Phone +44 (0) 203 553 5757

INVESTOR BOOK 94 next media accelerator

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Next media accelerator was initiated by the German Press Agency (dpa) and founded in 2015 in Hamburg by several independent partners in Offices Hamburg order to offer media related startups a place to succeed by offering Business Development, Product Development, Access to the industry, etc. The program is looking for scalable companies that bring innovation to the media industry and look for international markets. Active Markets Europe, UK, Israel They run six months accelerator program in Hamburg for CATS startups from Europe and Israel. CATS stands for Content, Advertising, Technology and Services. They are a mixed team made up of serial entrepreneurs, business angels, digital natives, startup junkies and professionals of the Founded 2015 media industry who believe in change and entrepreneurial power.

Employees 4 - 10 (of which 7 in Europe)

Current Fund Size €10m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Spectrm enables publishers to distribute their news articles via Messenger AUM N/A

Target Investment Size €0 - €50k AdTriba is a cross-channel management solution that optimises marketing performance

Target Geographies Europe, UK, Israel, Russia

ContentFlow is a software for multi-plattform video livestreaming Target Sectors Media, Digital Services

FULL PORTFOLIO www.nma.vc/portfolio Investment Style Flexible

KEY CONTACTS Deal Structures Minority

Dirk Zeiler • Dirk Zeiler successfully founded platzda.de, homewhere.io and UmzugEasy. He Media, Publishing, Tech, MVP ready, Key Investment Criteria built up the YouIsNow Lab for Immobilienscout24 and launched the E.ON:agile Pre-revenue ok CEO accelerator. Dirk is an active Business Angel and invests in startups in Europe [email protected] and the US Website www.nma.vc/

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 95 Next World Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

NextWorld Capital is a Silicon Valley venture capital firm that invests in early-revenue stage startups and helps them grow into global leaders. Offices San Francisco, London, Paris NextWorld Capital leads Series B/C and in-revenue Series A rounds and then accelerates growth with our Global Enterprise Platform. They are the only venture capital firm with a comprehensive platform designed to bring together the best enterprise technology companies and the most Active Markets France, Germany, United States, UK forward-thinking.

Founded 2009

Employees 11-25 (of which 3 in Europe)

Current Fund Size $150m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

FULL PORTFOLIO www.nextworldcap.com/companies/ AUM Not disclosed

Target Investment Size $2m - $20m

Austria, Belgium, France, Germany, Italy, Target Geographies Portugal, Spain, UK Media, Communications, Travel & Target Sectors Transportation, Fintech, Marketing, Analytics, Digital Services

Investment Style Flexible

KEY CONTACTS Deal Structures Minority, Joint Control

Frederic Halley • Senior operational executive turned strategic advisor with over 18 years of Key Investment Criteria Ambition to become a global leader Europe Operating Partner experience working across the technology industry in Europe. Has led engagements [email protected] Website www.nextworldcap.com/

• Enthusiast about all things B2B technology. Former investment banker and MBA Elisa Russo Contact Email [email protected] on a mission to help European corporates and emerging technology companies Associate catch the next wave of innovation. Currently working to connect CIOs across Europe with entrepreneurs. Opera-loving and cook for forgiving friends Contact Phone N/A [email protected]

INVESTOR BOOK 96 NGP

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

NGP supports the makers of the Connected World. Providing deep industry expertise and an extensive network, NGP helps entrepreneurs acce- Offices India, China, US, Europe lerate company growth. With offices in the US, Europe, India and China, NGP 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’s port- Denmark, Finland, France, Germany, Norway, Active Markets folio exits are China’s largest M&A exits of all time; Ganji and UCweb. Spain, Sweden, UK

Founded 2005

Employees 11 - 25 (of which 5 in Europe)

Current Fund Size $350m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Comprehensive language learning system combining effective education methods with state-of-the-art technology AUM $1,050m

Target Investment Size $5m - $15m Technology company that focuses on marketing, selling, and delivering restaurant meals to the household or office

Denmark, Finland, France, Germany, Target Geographies Norway, Spain, Sweden, Switzerland, UK Booking platform for tours and activities, offering a variety of travel experiences through their global supplier ne- E-Commerce Technology, twork Target Sectors Education Technology, Travel & Transportation, Analytics FULL PORTFOLIO www.nokiagrowthpartners.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority

Shipping product or service, Bo Ilose Key Investment Criteria a few million in revenue and • Bo has more than 25 years of experience from venture capital and the techno- Partner experienced management team logy sector and currently runs the NGP business in Europe [email protected] Website www.nokiagrowthpartners.com

Walter Masalin Contact Email [email protected] • Over 10 years of technology and investment experience. Walter has been wor- Principal king in a global team his whole career overseeing investments for NGP Contact Phone N/A [email protected]

INVESTOR BOOK 97 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 and Lesara. We invest primarily at A and B-round, in teams with global ambition, across Europe and the US. Active Markets Western Europe, Nordics

Founded 1996

Employees 11-25 (of which 17 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 Lesara is an ecommerce company founded in Berlin, named Europe’s fastest-growing company in 2016.

Target Geographies Western Europe, Nordics

Trustpilot- Helping companies harness the power of reviews, and enabling 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 joined from Accel, where Key Investment Criteria N/A he was an investor for five years, and previously founded an AI company in Partner Silicon Valley. Originally from the Netherlands, he holds a degree in physics [email protected] from Delft University and an MBA from Harvard Website www.northzone.com

Christopher Steinau • Christopher joined Northzone in 2016, before which he co-founded Uncover, Contact Email [email protected] the award-winning app enabling London diners to discover high-end Investment Manager restaurants. Prior to this, he was banking with Deutsche Bank in Germany, and Contact Phone N/A [email protected] holds an MBA from London Business School

INVESTOR BOOK 98 Nova Founders Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Nova Founders Capital builds and invests in sustainable large-scale business models with a strong emphasis on the fintech sector. They are very Offices London disciplined company builders and investors and understand how to efficiently grow companies. The firm believes value can only be created through a rigorous focus on execution, operational excellence and constant innovation. Nova Founders Capital provides companies with the Active Markets Global continuous financial and operational support they need to be successful.

Founded 2012

Employees 26-50 (of which 30 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

CompareEuropeGroup is Europe’s fastest-growing financial comparison platform, with a presence in 5 countries in AUM N/A Europe

Target Investment Size $100k - $30m CompareAsiaGroup is Asia’s fastest-growing financial comparison platform, with a presence in 8 countries in Asia

Target Geographies Global EdirectInsure Group operates leading online insurance platforms in Asia, offering consumers an alternative to buy non-life insurance direct versus through brokers and agents Target Sectors Financial Services

FULL PORTFOLIO www.novafounders.com/#portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority, Majority

Raphael Strauch • Before founding Nova Founders Capital, Raphael worked as a Global Partner Great founders, right DNA, scalable and Key Investment Criteria at Rocket Internet and as Managing Director at Groupon in Asia. Prior to this, sustainable Managing Partner Raphael was in Investment Banking at Goldman Sachs and Lazard in London [email protected] and Frankfurt Website www.novafounders.com/

Contact Email [email protected]

Contact Phone +85 225678890

INVESTOR BOOK 99 P101 Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

P101 is a venture capital firm focused on early-stage investments in the digital sector. Offices Milan

Their aim is to provide new entrepreneurs with capital, expertise, and resources to sustain and accelerate the growth of their companies. They Active Markets Italy work closely with the leading Italian accelerators and university-based incubators; they mainly invest in businesses which are assisted by them during the startup stage and supported in managing the day to day activities over the medium term.

Founded 2013 P101 has been launched by Andrea Di Camillo, who has over 15 years of experience as a venture capital investor and is among the founders of Banzai and Vitaminic. The investment company is named after the first personal computer sold on a large scale. Programma 101 was designed Employees 11 - 25 (of which 11 in Europe) and manufactured by Olivetti during the 60s, and was an example of Italian innovation that has left a mark on the history of modern digital te- chnology.

Current Fund Size €66m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Cortilia is the first Italian online agricultural marketplace where you can buy short chain products directly from AUM €66m farmers. It connects farmers and consumers and arranges the delivery of products to customer’s doorstep

Target Investment Size €500k - €7m ContactLab is the market leader in Italy in the field of direct digital marketing. The company has developed its own SaaS platform for managing and sending email campaigns, and push notifications

Target Geographies France, Germany, Italy, Spain, UK

Deporvillage is an online sports store specialized in leading brands of sports equipment E-Commerce, Marketplaces, Media, Target Sectors Communications, EduTech, Travel & Trans- portation, Analytics, FinTech, Digital Services FULL PORTFOLIO www.p101.it/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Giuseppe Donvito • Giuseppe has been working in the Venture Capital industry for more than 16 Highly scalable models; ambitious and Key Investment Criteria years and he is currently Partner of P101 Ventures after experiences at 3i Group skilled management team Partner plc and HSBC. He holds a MSc in Telecommunication Engineering and an AEP [email protected] from Kellogg School of Management in Chicago Website www.p101.it/en

Contact Email [email protected]

Contact Phone +39 393 440 6182

INVESTOR BOOK 100 Partech Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Partech Ventures is a transatlantic investment platform for tech and digital companies, dedicating capital and resources to support entrepreneurs Offices Paris, Berlin from seed to growth on four continents.

Active Markets USA, Europe The Partech Ventures team of 45 professionals / 12 partners in San Francisco, Paris and Berlin leads 50 to 70 investments per year across the whole tech spectrum, from digital services, software and security to hardware, electronics and advanced tech. Since 2012, Partech Ventures has built a unique business development capacity to foster synergies and business relationships between entrepreneurs, strategic industry partners Founded 1982 and a large network of angels and tech executives. Companies backed by Partech Ventures have completed 21 initial public offerings and more than 50 exits above €100m. Employees 39

Current Fund Size €950m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Leading DIY products and services marketplace in Europe AUM €1.2bn

Target Investment Size €0.2m - €40m Visionary entreprise information management software

Target Geographies USA, Europe

Leading cross-border direct business lending marketplace in continental Europe Target Sectors IT & Digital

FULL PORTFOLIO https://www.partechventures.com/news/portfolio-company-lendix-acquires-finsquare Investment Style Active

KEY CONTACTS Deal Structures Majority, Minority, Flexible, Joint Control, Lead

Omri Benayoun Olivier Schuepbach Key Investment Criteria Team. Market. Model. Momentum. General Partner General Partner [email protected] [email protected] Website https://www.partechventures.com/

Bruno Cremel Otto Birnbaum Contact Email [email protected] General Partner Principal

Contact Phone N/A [email protected] [email protected]

INVESTOR BOOK 101 Piton Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Piton’s sole focus is to invest in businesses that the Piton team believes can benefit from network effects. They are stage and style-agnostic and Offices London will invest from seed to late stage (€200k to €15m). The main geographic focus is Europe but the Piton team will invest farther afield with strong local partners, and in emerging markets in businesses they know well. Denmark, France, Germany, Netherlands, Active Markets Poland, Spain, Sweden, Switzerland, UK

Founded 2010

Employees 4-10 (of which 6 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Connects buyers and sellers of cars via an online platform AUM N/A

Target Investment Size €200k - €20m FanDuel is a leading web-based fantasy sports game company

Target Geographies Worldwide (mainly Europe)

European DIY and gardening online e-commerce platform Target Sectors Marketplaces

FULL PORTFOLIO www.pitoncap.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Flexible

Andrin Bachmann • Co-founder of Glocalnet, which became Sweden’s 3rd largest consumer telecom Marketplaces / Key Investment Criteria service provider. Established an investment company that became QXL Ricardo network effect businesses Founder / Partner PLC’s largest shareholder in 2005 and was instrumental in the transformation of [email protected] QXL leading to its sale to Naspers for around $1.9 billion Website www.pitoncap.com/

Natasha Ratanshi Contact Email [email protected] Principal • Joined Piton in early 2014 after working in the M&A team at Goldman Sachs

Contact Phone N/A [email protected]

INVESTOR BOOK 102 Pomegranate Investment

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Pomegranate Investment AB (publ) is based in Sweden and was founded in 2014 by a pioneering team with a long and successful track record of Offices Stockholm investing in high growth companies in emerging markets, particularly in the technology sector.

Active Markets International Pomegranate is an investment company focused on Iran’s consumer technology sector, which believes, with the easing of international sanctions, represents an extraordinary growth opportunity for investors.

Founded 2014 Having entered the market early, and before the implementation of the JCPOA, Pomegranate has gained an important first-mover advantage in Iran. As the wider global asset management industry struggles to deliver satisfactory returns, the Pomegranate team believes there is an Employees 5 opportunity for smaller, focused investment companies and private capital to identify sector specific investment opportunities with highly attractive risk-reward profiles, outside of mainstream developed markets.

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes Sarava is a pioneer in Internet and e-commerce investments in Iran and, through offering world class services and mentorship, has established a unique track record in supporting local entrepreneurs to build some of the most AUM N/A successful consumer technology companies in the country and region.

Target Investment Size N/A Sheypoor is Iran’s second largest online classifieds company, offering a platform for users to buy and sell their products quickly and easily free of charge.

Target Geographies Iran and Other Emerging Markets

Carvanro - Based in Iran, the company is the first online ride-sharing service. Target Sectors Consumer Technology

FULL PORTFOLIO pomegranateinvestment.com/en/investments/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Florian Hellmich Fast growing consumer technology Key Investment Criteria • Previously Global Head of Equity Distribution at Renaissance Capital sector in emerging markets Partner • Studied at WU (Wirtschaftsuniversität Wien) [email protected] Website pomegranateinvestment.com/en/

Contact Email [email protected]

Contact Phone +46 8 545 015 50

INVESTOR BOOK 103 Prime Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Prime Ventures is a leading venture capital and growth equity firm focusing on investing in European companies in the technology and related Offices Amsterdam, Cambridge, industries and leverages its capital, experience and network to actively guide them into global category leaders. The firm has invested in companies in the Benelux countries, the United Kingdom, France, Germany, Spain, Finland and Sweden. From its offices in The Netherlands and Active Markets Europe the UK the independent partnership manages over €465m in committed capital.

Founded 1999

Employees 4-10 (of which 9 in Europe)

Current Fund Size €170m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Mendix enables business change by helping companies rapidly develop, deploy and integrate business apps at a AUM €465 fraction of the time and cost

Target Investment Size €5m - €25m With Takeaway.com hungry consumers can order their favourite takeaway food on the company’s websites or through its mobile applications

Target Geographies Europe Through its mobile games marketing platform, AppLift helps advertisers acquire loyal, quality gaming Consumer Internet, Communications, users at scale on a CPI bas Target Sectors Digital Media, Enterprise Software, Mobile Computing FULL PORTFOLIO www.primeventures.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Sizable minority stake

Roel de Hoop Fast growing European tech companies Key Investment Criteria • Roel is a Partner at Prime Ventures as of 1999 with the first proof points of success Partner • Companies: Bright Computing, Falcon Social, Mendix, GenKey and Applift [email protected] Website www.primeventures.com/

Contact Email [email protected]

Contact Phone +44 (0) 20 7766 6900

INVESTOR BOOK 104 Project A

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Project A is an international venture capital firm based in Berlin. The team invests in passionate early-stage entrepreneurs and provides them Offices Berlin with exclusive access to the team of 100 operational experts in areas such as IT & Product, Marketing & Brand Building, Business Intelligence, and Recruiting. Project A believes that cutting-edge infrastructure, a data-driven approach, and a sustainable organizational setup are instrumental to Active Markets France, Germany, Netherlands, Sweden, UK the success of digital companies. And they know: it can be a long and hard journey to get there. Challenges are infinite and resources never feel sufficient – even with the best of teams. As entrepreneurs and operators the Project A team has experienced, how crucial it is to have access to the right support at the right time. That’s why Project A developed a new approach to venture capital: combining capital and in-depth operational Founded 2012 support.

Employees 51-100 (of which 100 in Europe)

Current Fund Size €140m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Catawiki is a worldwide online auction house which unites buyers and sellers of exceptional items AUM €260

Target Investment Size €1m - €10m KRY is a digital healthcare center where patients can meet a doctor via video

France, Germany, Netherlands, Target Geographies Sweden, UK Contorion is an online store for industrial and trade supply Retail, E-Commerce Technology, Target Sectors Marketplaces, Travel & Transportation, Health, Marketing FULL PORTFOLIO https://www.project-a.com/en/portfolio Investment Style Active

KEY CONTACTS Deal Structures Flexible

Strong fit with our target sectors, i.e. Holger Witte • Holger is Director of Investor Relations at Project A. Formerly, he was Head of Key Investment Criteria business models where our experts and New Business at Bauer Digital, worked as a consultant at The Boston Consulting Director Investor Relations tools offer a competitive advantage Group, Ernst & Young and Arthur Andersen, and founded his own business [email protected] (intrabid.com). Holger holds an MBA from Columbia Business School. Website https://www.project-a.com

• Florian Heinemann is co-founder and managing director of a Project A Ventures Florian Heinemann Contact Email [email protected] • Previously: managing director of Rocket Internet, co-founder and managing Co-Founder & Managing Director director of JustBooks/AbeBooks being in charge of marketing and product, co- head of the online marketing department of Jamba! and the online dating portal Contact Phone N/A iLove, investor/business angel in more than 40 startups

INVESTOR BOOK 105 Quadriga Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Quadriga Capital are specialists in the Russian private equity market. Their mission is to best serve their investors by selecting the most attractive Offices Moscow, Frankfurt companies in the Russian marketplace. Quadriga supports them to become leaders in their respective industries and they strive to create value together with management teams. Active Markets Russia, Europe Quadriga’s team of professionals has successfully added value to the investee companies through a wide range of measures resulting in impro- ved operational performance and strong growth. The professionals combine unique skill sets including practical experience in marketing, sales, operational management, accounting and finance. Additional benefits include increased transparency, adherence to western corporate gover- Founded 1995 nance standards, as well as strategic M&A initiatives. The team members at Quadriga have more than a decade of hands on experience as board members that have accompanied successful companies in the Russian marketplace. Employees 11-50

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Alicona Imaging is a supplier of optical 3D surface measurement technology for quality assurance in laboratories AUM N/A and production

Target Investment Size N/A GBA operates laboratories in Germany. It specializes in analysis of food, environmental samples, consumer goods, and pharmaceuticals

Target Geographies Global M&R Automation offers its customers innovative automation solutions in the field of assembly, measurement and testing technology Target Sectors Any

FULL PORTFOLIO www.quadriga-capital.de/ Investment Style Active

KEY CONTACTS Deal Structures N/A • Experienced Investment Specialist with a demonstrated history of working in Alexander Friedrich the venture capital and private equity industry. Skilled in Equity Research, Busi- Key Investment Criteria Most attractive companies Partner ness Planning, Investor Relations, Entrepreneurship, and International Business. Strong finance professional with a Master focused in Finance & Capital Markets Website www.quadriga-capital.de/ from Johann Wolfgang Goethe-Universität Frankfurt am Main.

Contact Email [email protected]

Contact Phone Tel. +49 (69) 795 000-0

INVESTOR BOOK 106 Redalpine Venture Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Redalpine provides Venture Capital to highly scalable European start-ups. Our mission is to help talented entrepreneurs turn an ambitious vision Offices Zurich 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 40 ICT and Health Tech companies with more than 20 exits.

Founded 2007

Employees 8 (of which 8 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

Art. Everywhere. Online Shop for Art, Apparel and Accessories Target Investment Size CHF 500k – CHF 3m

Europe Fully Automated Data Driven SME Financing Target Geographies (with focus on Switzerland & Germany)

Property Management for Landloards 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 Angel Early stage, highly scalable technology/ Founder, Partner Key Investment Criteria • Companies: N26, Juniqe, Trekksoft, Blackbill, Taxfix, Bexio product, convincing founders [email protected]

Michael Sidler Website www.redalpine.com/ • PhD in Life Sciences, Consultant at BCG, Business developer at Prionics, Founder, Partner CTI- startup coach [email protected] • Companies: Redbiotec, Medmira, Versantis, Lunaphore Contact Email [email protected] Harald Nieder • PhD in Physics, Corporate Risk Advisory at BNP Paribas, FX Structuring at Merrill Partner Lynch, Business Angel Contact Phone +41 44 271 15 30 [email protected] • Companies: Jodel, CarThrottle, Home, Zenjob

INVESTOR BOOK 107 Redline Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Redline invests in fast-growing companies with differentiated technologies across North America, Europe and Israel. Offices London, Luxembourg

Germany, Austria, Switzerland, Belgium, Redline’s funds originate from Vladimir Evtushenkov, the majority shareholder and principal founder of Sistema, listed on the LSE. Sistema is one Active Markets Denmark, Finland, France, Israel, Italy, of Russia’s largest publicly listed investment companies and has been investing in various technology segments for over twenty years. Netherlands, Norway, Sweden, UK Sistema is the majority shareholder of Mobile TeleSystems (MTS), listed on the NYSE. MTS is the leading telecommunications group in Eastern Founded 2014 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 $350m

Target Investment Size $5m - $30m Touch Surgery offers a mobile app to teach procedures digitally to the global surgical community Germany, Austria, Switzerland, Belgium, Target Geographies Denmark, Finland, France, Israel, Italy, Netherlands, Norway, Sweden, UK Weave Cloud simplifies deployment, monitoring and management for containers and microservices Media, Communications, Target Sectors Financial Technology, Marketing, Analytics, Digital Services FULL PORTFOLIO www.redline-capital.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Minority, Lead • Benno is a Principal at Redline based in London Benno Jering Team, IP, Growth, Track Record, • He previously worked at two Tech-focused investment banks in London. Prior to Key Investment Criteria Market Potential Principal that he was with Credit Suisse, where he focused on M&A, Equity and Leveraged Finance transactions in the TMT sectors. Benno holds a Business degree from [email protected] Website www.redline-capital.com Warwick Business School

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 108 Redstone Digital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Redstone is a Berlin based Venture Capital firm. They work with industry leaders activating their capital, knowledge and network enabling entre- Offices Berlin preneurs to grow their businesses. Redstone believes in transparent and fast communication between the funds we manage and the start-ups they support. Working with the investors the firm enables entrepreneurs to access additional valued services alongside any capital investment. Active Markets Europe The approach involves investing from several funds simultaneously to support our vision to invest globally at every stage and in every sector

Founded 2014

Employees 11-25 (of which 11 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

atheneum - World‘s leading experts, empowering new business decisions. Last fundraise €10m AUM N/A

Target Investment Size €500k-€2m Flexperto builds the central interface between your company and the customers

Target Geographies Europe Inventorum’s software enables small retailers to manage their offline and online businesses by supporting daily B2B, Fintech, Cybersecurity Data, processes Target Sectors IoT, SaaS, AI

FULL PORTFOLIO www.redstone.vc/ Investment Style Active

KEY CONTACTS Deal Structures Minority • Samuli is an entrepreneur who has founded several companies including Samueli Siren Redstone. Post-university he started a company syndicating financial data for Key Investment Criteria Top team, €500k - €2m Managing Partner internet portals and banks. He then founded M&A Boutique Finfortec where he spent several years gaining experience in later stage and buy-out deals. Before Website www.redstone.vc/ becoming the Managing Director at Redstone he worked for the Klingel Group.

Marcus Schroeder Contact Email [email protected] Venture Partner

Contact Phone +49 30 27590487

INVESTOR BOOK 109 Rheingau Founders

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

The professional co-founder Rheingau Founders GmbH was founded by Rheingau Ventures and Mountain Partners in May 2011 and is located in Offices Berlin Kreuzberg, Berlin’s most traditional scene district. The founders Dr. Tobias Johann, Philipp Hartmann, Kai Hansen and their team support extern founder teams of online- and mobile- startups, especially as a professional partner in the b2b sector. Active Markets Germany The «Rheingau-Boys» not only provide the first and following financing rounds with up to €2.75m, they even work operational as co-founder with the ventures, which are located in the so-called Rheingau Campus at Berlin Oranienplatz for the first 12-24 months of their foundation phase. By Founded 2011 specializing in only 2-3 ventures per year and with the focus on the creation of new international business models, Rheingau Founders are able to maintain their high level of quality by this boutique approach. Following their co-founder approach, Rheingau Founders actively accompany Employees 4 - 10 (of which 9 in Europe) founders at eye level – with the aim of a sustainable and trustful partnership.

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Liferando is one of Germany’s largest online food ordering platform for B2C and B2B in term of variety with more AUM N/A than 10k delivery services

Rheingau Founders: €250k Target Investment Size Rheingau Investors Club: €250k - €2.5m Through partnership with insurance companies, Schutzklick offers product insurance online with only a few clicks Rheingau Capital: €1.0m - €5.0m integrated directly into the checkout process Rheingau Investors Club/Rheingau Target Geographies Founders: Germany Rheingau Capital: DACH Brings medicine online. Based on self-learning medical engine opearting on big data patients, Medlanes gets fast Marketplaces, Education Technology, and affordable access to online consultations validated by qualified doctors Target Sectors Fintech, Financial Services, Health, Analytics, Digital Services, Insuretech FULL PORTFOLIO www.rheingau-founders.com/portfolio Investment Style Active

Rheingau Founders: Joint Control KEY CONTACTS Deal Structures Rheingau Investors Club: Flexible, Joint Control Rheingau Capital: Minority Kai Hansen Passionate entreprenuer, scalable idea, Founder & Managing Partner • Kai Hansen is a successful serial entrepreneur and investor from Berlin, Key Investment Criteria KPI traction, Germany, and Founding Partner of Rheingau Founders major milestones, strong revenue Philipp Hartmann Website www.rheingau-founders.com • Philipp Hartmann is a successful serial entrepreneur and investor from Berlin, Founder & Managing Partner Germany, and Founding Partner of Rheingau Founders

Contact Email [email protected] Tobias Johann • Dr. Tobias Johann is a successful serial entrepreneur and investor from Berlin, Founder & Managing Partner Germany, and Founding Partner of Rheingau Founders. Tobias launched his Contact Phone +49 30 695 358 00 first profitable company before the beginning of his studies and doctorate in entrepreneurship at the European Business INVESTOR BOOK 110 [email protected] ricon GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Private investment in innovative start-ups with a primary focus on the DACH region. Lervaging deep strategy consulting expertise as active inves- Offices Düsseldorf tor and advisor.

Active Markets Austria, Germany, Switzerland

Founded 2014

Employees 1-3 (of which 3 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

FULL PORTFOLIO www.ricon.co AUM N/A

Target Investment Size €50k - €5m

Target Geographies Austria, Germany, Switzerland

E-Commerce Technology, Analytics, Travel & Target Sectors Transportation, Digital Services, Energy

Investment Style Active

KEY CONTACTS Deal Structures Flexible • CEO Ricon GmbH, Honorary Professor at WHU (Otto Beisheim University) Prof. Dr. Jurgen Ringbeck • Former partner at McKinsey & Company (1988-2001) Key Investment Criteria Team, Business Idea & Timing CEO • Former senior partner, head of global transport sector and board member at Booz Allen Hamilton/ Booz&Company (2001-2014) [email protected] Website www.ricon.co • Master degree in mathematics, PhD in business economics

Contact Email [email protected]

Contact Phone +49 151 46 46 17 50

INVESTOR BOOK 111 Rocket Internet

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Rocket Internet is an Internet platform that identifies and builds proven internet business models and transfers them to new, underserved or Offices Berlin untapped markets where it seeks to scale them into market leading online companies. The platform is focused on proven online business models that satisfy basic consumer needs across four sectors: e-Commerce, Marketplaces, Active Markets Global Financial Technology and Travel. It has more than 36,000 employees across its network of companies which operate in more than 110 countries on six continents. Rocket Internet was founded in Berlin, Germany, in 2007.

Founded 2007

Employees 300 (36,000 including ventures)

$1bn Current Fund Size (Rocket Internet Capital Partners Fund) SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Delivery Hero - The Food-Delivery-Service operates online platforms in 14 countries across 4 continents to bring $1bn AUM better food to the people everyday. The company was founded in 2010 in Berlin. (Rocket Internet Capital Partners Fund)

Target Investment Size N/A HelloFresh is a food subscription company that sends pre-portioned ingredients to users’ doorstep each week

Target Geographies Global (excl. China and US)

Home24 is an online platform that enables consumers to find and purchase home furniture and decor. Food & Groceries, Fashion, General Target Sectors Merchandise, Home & Living, Travel

FULL PORTFOLIO https://www.rocket-internet.com/companies Investment Style Active

KEY CONTACTS Deal Structures Minority, Majority • Co-Founder of Rocket Internet. In 2014, he became CEO and took the company Oliver Samwer public. Key Investment Criteria Proven online business models Founder & CEO • Previously: Co-Founder of Alando in Germany (sold to eBay), Managing Director eBay Germany, Switzerland and Austria, Co–Founder of Jamba (sold to VeriSign Website www.rocket-internet.com in 2004).

Alexander Kudlich Contact Email [email protected] • Member of the Management Board at Rocket Internet SE (since 2011). Managing Director • Previously: Global Head of Advertiser Sales/Regional MD APAC., EE, ES, LATAM (2008-2011) at zanox. Contact Phone +49 30 300 13 18-00

INVESTOR BOOK 112 RTAventures VC

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

RTAventures VC is an early stage venture capital firm investing in online and healthcare undertakings across Europe. Offices Warsaw, Berlin RTAventures VC did 26 new investments in last 6 years, plus almost two dozens of follow-ons. They made 7 investments in Germany, 5 in the U.S., 7 in Poland, 1 in Spain, 2 in Slovenia, 1 in Austria, 1 in Ukraine and 2 in France. They are committed to supporting the entrepreneurs wholehear- Austria,France,Germany,Poland, Active Markets tedly alongside other investors, in particular, Point Nine Capital from Berlin. RTAventures VC invests early in online businesses with special focus Spain,United Kingdom on healthcare related products and business models like SaaS (software as a service) and marketplaces. RTAventures VC is managed by Piotr Kulesza and Lubomir Jurczak. Founded 2011

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 Marketplaces, Health, small cities and airports Target Sectors Digital Services, Investor

FULL PORTFOLIO www.rta.vc Investment Style Active

KEY CONTACTS Deal Structures Minority, Flexible

Piotr Kulesza Working product with Key Investment Criteria great engagement Cofounding Partner • General partner and founder of RTAventures VC [email protected] Website www.rta.vc

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 113 ru-Net

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Founded in 1999 in Moscow, Russia and initially best known for its early stage investment in Yandex.ru (YNDX) and OZON.ru, ru-Net currently Offices Moscow supports over 30 active portfolio investments across Russia, India, SEA and Europe. The strategy is to find leading high-growth companies disrupting the market and work closely with the teams to help with necessary aspects of growing the company – fund-raising, recruiting and Active Markets Europe, India, South East Asia, Russia business expansion. The ru-net team uses a flexible investment approach with investments both in early and growth stage companies with diffe- rent check sizes depending on the company needs.

Founded 1999

Employees 4-10 (of which 4 in Europe)

Current Fund Size $700m

SELECTED PORTFOLIO COMPANIES Use of Debt No

DeliveryHero - network of online food ordering sites with over 100 restaurant partners worldwide AUM N/A

Target Investment Size $1m - $30m Dawanda - online marketplace that trades handmade products from professional artisans, artists, designers, and individuals

Target Geographies Europe, India, SEA, Russia

Tradeshift - Global network and platform that helps companies innovate the way they buy, pay and work together Marketplace, E-commerce, Mobile, Target Sectors Entertainment, Social

FULL PORTFOLIO ru-net.ru Investment Style Active

KEY CONTACTS Deal Structures Minority

Alexander Pavlov Early or growth disruptive tech compa- Key Investment Criteria • Joined ru-Net in 2008 nies backed by top-tier teams Investment Partner • Companies: Dawanda, Esky, GFH [email protected] Website ru-net.ru/

Contact Email [email protected] Galina Chifina • Joined ru-Net in 2008 Investment Director • Companies: Dawanda, Esky, GFH Contact Phone N/A

INVESTOR BOOK 114 Senovo

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Senovo focuses on early stage B2B SaaS investments. The Senovo team funds outstanding entrepreneurs and teams building world class Offices Munich products, and generally gets involved soon after product launch, during the Series A. The typical investment size is 300k - 1m EUR, with reserves Austria, Belgium, Denmark, Finland, France, to support the team in later rounds. Active Markets Germany, Netherlands, Norway, Sweden, Switzerland Whether Senovo leads or co-invest with a partner, the team believes it is beneficial for startups to have complimentary investors and usually syndicate our investments. So the rounds are typically 2-5m investment in total. Founded 2012

The Senovo team is small with backgrounds in business, law, computer science and physics, and the aim is to provide entrepreneurs with Employees 4-10 (of which 6 in Europe) full-stack support. Senovo believes that startups are a team effort, that data fuels great products, and that fast iterations are superior to big-bang releases. The Senovo team views venture capital as a product for entrepreneurs, and work with you through the ups and downs.

Current Fund Size €35m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Customer Alliance - Online Reputation Management, SaaS for hospitality industry AUM €35m

Target Investment Size €300k - €2m Holidu - Metasearch for vacation rentals - all the best properties in one place Austria, Belgium, Denmark, Finland, Target Geographies France, Germany, Netherlands, Norway, Sweden SlidePresenter - Online platform that assists its users in creating, publishing, sharing, and monetizing presentations Communications, Education Technology, and seminars Target Sectors Travel & Transportation, Analytics, Digital Services FULL PORTFOLIO https://www.senovo.vc/portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority

Alexander Buchberger • Joined SENOVO in 2011 and became managing partner in 2013 Key Investment Criteria B2B SaaS business model Managing Director • He has studied technology in Sidney then he started his professional experience [email protected] within startups and VC in Munich and Berlin Website www.senovo.vc

• Specialties: finding promising tech-driven startups and help them scale 10+ Contact Email [email protected] Markus Grundmann Partner years experience in building software products and businesses. 7 initial in- vestments into Seed and Series A startups with a focus on B2B SaaS business Contact Phone +49 89 41 61 76 250 models.

INVESTOR BOOK 115 Seventure Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Seventure Partners finance innovation and participate in the entrepreneurial adventure alongside our entrepreneurs. The Seventure team shares Offices Paris, Munich 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 Active Markets France, Germany of innovative companies. Seventure is an established European lead investor. With more than twenty employees, including about fifteen in the investment team, Seventure Partners has demonstrable in-depth expertise in many areas of technology, entrepreneurship, fund raising and corporate finance. Seventure has built an impressive investment track record over more than 10 years. The team has completed over 50 exits, 15 Founded 1997 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-team/wolfgang-krause-venture-partner Investment Style Active, Passive

KEY CONTACTS Deal Structures Control, joint control, minority, etc.

Wolfgang Krause • MBA and PhD degree from University of Munich Proven business model Key Investment Criteria • 15 years experience in the information and telecom industry, both in business (no seed investment) Venture Partner development functions and as an early stage investor • Companies: Payleven, Testbirds, From A to B. Webdata Website www.seventure.fr/en

Contact Email [email protected]

Contact Phone +49 89 87 80 68 6-0

INVESTOR BOOK 116 SevenVentures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

SevenVentures is the leading TV media investor worldwide. As the investment arm of the ProSiebenSat.1 Group, SevenVentures is the ideal Offices Munich 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 Active Markets Worldwide brand. SevenVentures also supports companies seeking international growth with media power, capital, and all the other services of the ProSie- benSat.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

Worldwide (Companies entering the Target Geographies German market) justfab - Online subscription fashion retailer that carries selections of shoes, handbags, jewelry and denim Target Sectors BTC

FULL PORTFOLIO www.sevenventures.de/en/portfolio-en Investment Style Flexible

KEY CONTACTS Deal Structures Minority

Florian Pauthner Urs Fischer Philip Fischer B2C, Scalable, Key Investment Criteria clear way to monetarization CFO Principal Principal

Website www.sevenventures.de/

Florian Weber Verena Argauer Yves Dhalluin Contact Email [email protected] Principal Associate Director Country Head, France

Contact Phone +49 (0) 89/95 07 8699

INVESTOR BOOK 117 Shark Bites

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Shark Bites is a business angel fund investing globally in early stage companies. Offices Milan

Active Markets France, Germany, Italy, Spain,UK

Founded 2015

Employees 1-3 (of which 1 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

talkpush - Recruitment Platform for the Messaging Age AUM N/A

Target Investment Size €25k - €500k Prodibi is a unique professional image platform that solves all issues of displaying online images to increase brand ROI, improve user engagement, and simplify the work of developers.

Target Geographies France, Germany, Italy, Spain, UK

Marshmallow Games - Educational apps for kids Target Sectors Investor

FULL PORTFOLIO sharkbites.co Investment Style Active

KEY CONTACTS Deal Structures Minority

Loris Lanzellotti Early stage companies globally scalable • Loris co-founded and manages Shark Bites, a business angel fund which Key Investment Criteria and with consolidated metrics Managing Partner, Founder completed 35 investments in the first two years of activities in 10 different geographies [email protected] Website sharkbites.co

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 118 Speedinvest

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Offices Vienna, Munich, San Francisco Speedinvest is a paneuropean venture capital fund with €100M under management that invests in seed stage technology start- ups in fintech, core technologies and media & e-commerce. Besides providing financial investments, the fund actively deploys its network and know-how to support its portfolio companies. Speedinvest’s office in Silicon Valley supports portfolio companies Active Markets Europe entering the US market. Find out more: www.speedinvest.com.

Founded 2011

Employees 25

Current Fund Size EUR 90M SELECTED PORTFOLIO COMPANIES Use of Debt - • Online insurance brokerage. Allows customers, brokers, insurance companies, to manage their AUM EUR 100M insurance and financial products intelligently and efficiently.

Target Investment Size Seedstage, up to 500k • Cloud-based transcoding & streaming as-a-service. High performance media transcoding, streaming, analytics and playout solutions.

Target Geographies Germany, Austria, CEE, UK • Online marketplace for multi-day tours. World’s most trusted online marketplace to compare and Fintech, Insurtech book group tours to over 200 countries in the world. Deeptech Target Sectors Consumertech Marketplaces KEY CONTACTS Investment Style Active

Deal Structures Minority, Lead • Oliver Holle • Partner, Founder • Email: [email protected] Key Investment Criteria Team, Traction, Product

Website speedinvest.com • Daniel Keiper-Knorr • Partner Contact Email [email protected] • Email: daniel.keiper- [email protected] Contact Phone - INVESTOR BOOK 119 SpeedUp Venture Capital Group

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

SpeedUp Venture Capital Group is a leading group of venture funds, investing in enterprises in an early stage of development (seed, pre-revenue, Offices Poznan early growth). Areas of fund’s interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global mar- ket by utilizing their self-developed solutions. SpeedUp Group is investing in early stage, dynamically developing, ventures with global aspirations. Active Markets Poland Fund is interested in innovations from areas such as: consumer internet, fintech, martech, IoT and hardware.

Founded 2009

Employees 11-25 (of which 15 in Europe)

Current Fund Size €15m

SELECTED PORTFOLIO COMPANIES Use of Debt No

FULL PORTFOLIO speedupgroup.com/en/companies AUM N/A

Target Investment Size €50k - €1.5m

Target Geographies Poland

Marketplaces, Financial Technology, Target Sectors Health, Gaming, Marketing, Digital Services, Hardware

Investment Style Active

KEY CONTACTS Deal Structures Minority

Bartek Gola • Bartek is a general partner of SpeedUp Group. He’s involved in early-stage pro- Key Investment Criteria seed, early stage, MVP, key areas, team General Partner ject implementation in the areas associated with martech, fintech, marketplace, IoT and hardware. [email protected] Website www.speedupgroup.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 120 STS Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

STS Ventures concentrates all business angel activities of Cologne-based Stephan Schubert. Offices Cologne

Having founded and exited 4 companies, Stephan is a serial entrepreneur in the German internet industry. Since the rise of the internet in Europe Active Markets Europe in the late 90s he has been investing in numerous technology driven startups and has an outstanding track record in seed investing in successful ideas and teams. He is one of the most active, connected and experienced business angels in Germany. If you are looking for a genuine entrepreneur who has overcome a vast bunch of obstacles that you may face in the future, and seek honest and timely feedback, STS Ventures Founded 1999 is the right partner for you. - STS Ventures invest in exceptional teams with business ideas that work. Employees 1-3 (of which 2 in Europe) - STS Ventures covers the whole spectrum of investment rounds from pre-seed to later stage or in financial terms, up to €1.5 million per case. - STS Ventures highly commit to our portfolio companies and regularly do follow-on investments - STS Ventures decide and act quickly Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Dormando - Full service retailer for mattresses and related products AUM N/A

Target Investment Size €100k - €1.5m kaufda - Website offering electronic leaflets and offers from retailers to mobile customers

Target Geographies Europe

audibene - Leading online retailer for hearing aids Target Sectors Agnostic

FULL PORTFOLIO www.sts-ventures.de/#portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority, Flexible, Joint Control, Lead • Technology investor @STS Ventures and The Angel Club, entrepreneurship Niklas Walinski 1) Team 2) Solid Business Model enthusiast and passionate food lover. Always a student. Obsessed with people Key Investment Criteria 3) Fair Funding Conditions Investment Manager with ambition • Previously I worked at startups both in Germany and and graduated [email protected] Website www.sts-ventures.de/ from WHU - Otto Beisheim School of Management

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 121 Sued Beteiligungen GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Süd Beteiligungen GmbH is a private equity firm focused on the German Mittelstand. SüdBG is a subsidiary of the Landesbank Baden-Württem- Offices Stuttgart berg (LBBW) and contributes to sustain medium-sized businesses growth. They offer flexible equity solutions to companies at any stage of their development process. SüdBG experienced and competent team offers long term support to their clients. Active Markets Europe

Founded 2009

Employees 30

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Mechanical engineering and technology services provider AUM €500m

Target Investment Size €2.5m - €50m Efficient Automation Solutions for Semiconductor Factories and Equipment Manufacturers

Target Geographies Austria, Germany, Switzerland

Engineering and Technical service for non-destructive testing (NDT) Target Sectors Agnostic

FULL PORTFOLIO www.suedbg.de/portfolio.html Investment Style Passive

KEY CONTACTS Deal Structures Majority, Minority

Companies with qualified management, Soeren Schuster • Previously: Senior Investment Manager at Triangle Venture Capital Group, Key Investment Criteria growth perspectives in the long run, Investment Director at 3i Group, Investment Manager at Technologieholding VC Head of Early Stage Financing compentitive advantages GmbH [email protected] • Studied at Leipzig University Website www.suedbg.de/

Contact Email [email protected]

Contact Phone +4934122038800

INVESTOR BOOK 122 TA Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

TA Ventures is an early stage VC fund, focused on AI, SaaS, Marketplaces, Fintech, Digital Health. They invest across other sectors opportunistically. Offices Kiev

They have been privileged to invest in Azimo, Dreamlines, Finanzcheck, NU3, SumUp, Wallapop, Green Chef, Adore Me and many other successful Austria, France, Germany, Israel, Italy, Spain, Active Markets companies. As of June 2017, TA Ventures has 101 companies in its portfolio and has achieved 29 exits. Switzerland, Turkey, UK

They invest globally, though majority of their investments are in the US and Europe (Germany, UK and Ukraine). Founded 2010

Employees 4 - 10 (of which 8 in Europe)

Current Fund Size €50m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Azimo offers a better way to transfer money worldwide AUM €50m

Target Investment Size €100k - €1m A hyper-local mobile marketplace for buying and selling secondhand goods

Austria, France, Germany, Israel, Spain, Target Geographies Switzerland, Turkey, UK It offers the opportunity to compare different cruise deals directly with each other E-Commerce Technology, Marketplaces, Target Sectors Media, Travel & Transportation, FinTech, Health, Analytics, Investor FULL PORTFOLIO taventures.vc/portfolio Investment Style Passive

KEY CONTACTS Deal Structures Minority, Flexible Viktoriya Tigipko • Founding Partner of TA Ventures Founding Partner • President of the Odessa International Film Festival, one of the biggest audience Key Investment Criteria Team, Scalability [email protected] film festivals in Eastern Europe

Pawel Schapiro • Partner at TA Ventures, based in Frankfurt am Main, mainly responsible for the Website taventures.vc DACH region Partner • Pawel has worked in VC, Business Development and Online Marketing at Rocket [email protected] Contact Email [email protected] Internet and Creathor Venture in the past Maksym Kuznetsov • Max is responsible for analysis of new opportunities and work with the existing Investment Analyst portfolio. He holds an MSc Finance degree from Rotterdam School of Contact Phone N/A [email protected] Management and has a background in M&A and entrepreneurship

INVESTOR BOOK 123 Target Global Event Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Target Global is an international VC firm with over $300 million in assets under management and offices in Berlin, Moscow, Tel Aviv and San Offices Berlin, Moscow, Tel Aviv, San Francisco Francisco. The company invests in fast-growing digital-enabled businesses operating in B2C and B2 SMB markets.

Active Markets Europe, Israel, US The growth fund invests in Series B and later stage companies (both primary and secondary), with an investment range of $5 - 30m. The seed stage fund invests in late seed and early Series A rounds, with an investment range of $200 - 500k.

Founded 2012 Target Global prides itself on the ability to be fast and flexible, with a focus on helping innovative businesses scale and expand globally. Since 2012 they have invested in more than 20 leading companies including Delivery Hero, Blue Apron, Dreamlines and Prosper. Employees 15 (of which 12 in Europe)

Current Fund Size $300m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Largest global provider of online and mobile food ordering technology. Operating in 33 countries, with 3,000 emplo- AUM $350m yees globally. The easiest way to your favorite food”

Target Investment Size $5m - $30m Insurance broker app, allowing users to manage all insurances through one tool. Offices in Germany and Switzerland, planning to expand further. “The insurance consultant for your back pocket”

Target Geographies Europe, Israel, US

Leading European online travel agency for cruises B2C and B2 SMB companies in E-commerce, Target Sectors Fintech, Travel, Software, Mobile

FULL PORTFOLIO www.targetglobal.vc/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Yaron Valler Alex Frolov D i g i t a l t r a n s f o r m a t i o n , Key Investment Criteria scalable international businesses Partner Partner

[email protected] [email protected] Website www.targetglobal.vc

Shmuel Chafets Mike Lobanov Contact Email [email protected] Partner Partner

Contact Phone +49 30 6098 3777 0 [email protected] [email protected]

INVESTOR BOOK 124 Target Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Target Partners invests in young technology companies in Germany, Austria and Switzerland. Through the personal commitment, a global ne- Offices Munich twork and the deep experience as entrepreneurs, managers and venture capital investors, the company supports you in building a great com- pany. The partners of Target Partners have years of collective experience as successful managers, entrepreneurs and venture capital investors Active Markets DACH in Europe and the USA. The partners of Target Partners founded or led companies themselves, developed or sold technology products themselves. They have seen nu- merous companies through to IPO and beyond. They understand the challenges an entrepreneur faces and that the road to success often isn’t Founded 1999 simple and straight. Both in Europe and the USA Target Partners has a large network in industry and venture capital. The company opens doors for you to customers, business partners, experienced managers and financial markets. Target Partners support you in business development Employees 8 (of which 8 in Europe) and in international expansion.

Current Fund Size €68m

SELECTED PORTFOLIO COMPANIES Use of Debt No

adjust is a mobile app tracking and analytics company that provides app businesses AUM €300m of all sizes with a comprehensive business intelligence platform

tado° makes a smart home climate control system for consumers. The company’s Target Investment Size €500k – €4m solution increases the operating efficiency of home and 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, Infrastructure, Hardware

FULL PORTFOLIO www.targetpartners.de/en/#companies Investment Style Active

KEY CONTACTS Deal Structures Minority

Dr. Michael Münnix Key Investment Criteria Disruptive technologies • Software-Engineer, Entrepreneur, PhD in Physics Partner • Companies: Adsquare, Datapath.io, Swarm64, Senic [email protected] Website www.targetpartners.de

Kurt Müller Contact Email [email protected] • Software-Engineer, Manager at Microsoft, TVM Capital, PhD in Physics Partner • Companies: Instana, Simplaex, So1, Suitepad, TIS, et al Contact Phone +49 89 2070490

INVESTOR BOOK 125 Techstars METRO Accelerator

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

METRO Accelerator powered by Techstars is a three-month mentorship-driven accelerator program that will help startups grow. The program is Offices Berlin run as a strategic partnership between METRO and Techstars.

Active Markets Germany Startups will benefit from the expertise of both companies to innovate, accelerate, fund and grow their unique business solutions. METRO as a global market leader in Wholesale and Food, brings industry focused opportunities and partnerships. A specialises group of METRO talent pool joins as mentors for each batch and founders can count on the access to the collective knowledge of the some of the most senior Founded 2015 leadership of the METRO Group.

Employees 11-50 Techstars brings in mentors, industry veterans, tech innovators and experienced entrepreneurs from all across the world and cross-industries. Together with its strategic partner METRO, this is an immersive experiential learning program that helps startup solutions turn into viable busi- nesses. Current Fund Size €2.4m

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

FULL PORTFOLIO www.metroaccelerator.com/ AUM N/A

Target Investment Size €120k

Target Geographies Global

Target Sectors Retail, Hospitality

Investment Style Active

KEY CONTACTS Deal Structures N/A

Alexander Zumdieck Technology-first startups across the Key Investment Criteria • Previously: VP pricing at Zalando, MD at PayLeven Global Mobile Payments, value chain of Hospitality and Retail Managing Director Engagement Manager at McKinsey & Company [email protected] Website www.metroaccelerator.com/

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 126 Tengelmann Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

As one of Germany’s leading venture capital investors Tengelmann Ventures has invested in over 50 companies over the past five years, many of Offices Mülheim an der Ruhr which have become global players and leaders in the market in their particular segment.

Active Markets Global The focus is mainly on early and later stage investment in consumer internet companies, internet marketplace and technology ventures.

The team funds companies world-wide in the role of lead-, co-lead or co-investor. In close cooperation with their global network of venture capi- Founded 2001 talists, professionals and consultants Tengelmenn Ventures always strives to identify promising start-ups and to support the development of the portfolio companies. Employees 4 - 10

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Delivery Hero - The Food-Delivery-Service operates online platforms in 14 countries across 4 continents to bring AUM N/A better food to the people everyday. The company was founded in 2010 in Berlin.

Target Investment Size $10m - $30m Ottonova - German health insurer

Target Geographies Global CareerFoundry - Via CareerFoundry website user can book Coding online boot camps (3-6 months). Right now UX Consumer internet companies, internet Design and Web Development are taught by experienced mentors and with certified class materials. Target Sectors marketplace and technology ventures

FULL PORTFOLIO www.tev.de Investment Style N/A

KEY CONTACTS Deal Structures Convertible debt, Equity (Minority)

Christian Winter Rapidly growing, innovative e-commerce • Over 15 years of experience in internet start-ups and e-commerce companies Key Investment Criteria and Internet companies CEO • Previously: Douglas Holding AG, co-founded Berlin’s gastrixx AG, IBM, Pironet NDH, responsible for e-commerce and non-store retail at Karstadt Website www.tev.de

Franziska Schaefermeyer Contact Email N/A • Previously: Sales and marketing at Materna and Bertelsmann Portfolio Manager • Studied Business at the universities of Göttingen and San Sebastián and also holds an MBA from the Berlin School of Economics and Law. Contact Phone +49 (0)208 - 583-0

INVESTOR BOOK 127 Uplift Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Uplift Ventures are passionate about sustainable, long term projects with real value for the user. Offices Zurich

In an uncertain economy, long-term growth and competitiveness require a constant strive for innovation and rethinking. Uplift Ventures looks Active Markets Switzerland, Israel, Germany forward with confidence and they look at what the world needs. They are driving invention and design of services that matter. They want to create products that customers love. Hence they are seeking the opportunity to invest at early and growth capital stages of an enterprise’s development.

Founded 2012 They believe that they are able to add substantial value to any company they invest in. They act as a deeply committed investor with the objective to contribute with their network of industry contacts and the purpose to protect the value of the new venture by simultaneously limiting downside Employees N/A risks. This proposition is long term and ensures a prospering business for many years.

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Tasit.com is an online automotive marketplace offering pricing information, photos, reviews, comparison tools, AUM N/A and editorial content.

Target Investment Size N/A JPEGmini is a patent-pending photo recompression technology, which significantly reduces the size of photogra- phs without affecting their perceptual quality.

Target Geographies N/A Coffee Circle - Coffee delivery platform. It sells hand-picked organic coffees from Ethiopia and coffee gear through E-Commerce, Classifieds, its website coffeecircle.com. Target Sectors Consumer Services, Digital Services

FULL PORTFOLIO upliftventures.com Investment Style Active

KEY CONTACTS Deal Structures Minority

Nils Reimelt • CEO at Uplift Ventures GmbH Key Investment Criteria Early and growth stage companies • Digital Transformation Consultant at Capco Apr 2017 CEO • Companies: Member of the Board of Directors at LUZ Investments Co. AG, Co-Founder & First Investor at Knip AG Mar 2014 Website upliftventures.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 128 U-Start

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

U-Start is a professional firm structuring club deals through a club of Italian and Swiss private investors working alongside VC funds in series A to Offices Lugano, Milan C rounds in digital and tech companies across Europe, Israel and US.

France, Germany, Israel, Italy, Spain, Active Markets They bring value to companies through their extensive network of family offices and high net-worth individuals with diversified background, Switzerland, UK expertise and connections into some of the most representative European industries, such as fashion, media, energy and industrial manufacturing. Founded 2012

Employees 4 - 10 (of which 8 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Outfittery is a personal shopping service for men, disrupting menswear online retail with a next generation com- AUM N/A merce based on technology

Target Investment Size €50k - €4m AirHelp is an online legal service that helps air passengers get compensation from airlines when their flight gets cancelled, delayed or overbooked France, Germany, Israel, Italy, Spain, Target Geographies Switzerland, UK Secret Escapes is an exclusive members-only travel club offering discounted rates on luxury hand-picked hotels Target Sectors Technology, Technology-enabled services

FULL PORTFOLIO www.u-start.biz/companies Investment Style N/A

KEY CONTACTS Deal Structures Minority

Daniele Testa • Chief Analyst with International work experience in Tier 1 Telco (Telefonica) Digital business, B2C, Direct to consu- Key Investment Criteria and Strategy Consulting (Deloitte). Team leadership expertise in digital services mer, Presence of lead investor Partner development. Comfortable in working and influencing C- level professionals on [email protected] a daily basis Website www.u-start.biz

Contact Email [email protected]

Contact Phone +39 346 25 21 643

INVESTOR BOOK 129 Vito Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Vito Ventures backs ambitious founders and startups applying technology to solve fundamental problems of society ranging from climate change Offices Munich to energy security. Vito Ventures believes that superb engineering and radical entrepreneurial thinking is needed to tackle major challenges of the upcoming decades. With their investments the Vito team empowers startups, which will make a difference both within their industry and Active Markets Global beyond. Vito Ventures invests in break-through technology and business innovations in the fields of IoT, B2B Marketplaces, Enterprise SaaS and Energy Tech.

Founded 2016

Employees 4-10 (of which 4 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No Wirepas offers a unique de-centralized radio communications protocol that can be used in any device, with any ra- dio chip and on any radio band. It provides the most reliable, optimized, scalable and easy to use device connectivity AUM N/A for its customers

Target Investment Size €500k - €2m SimScale is the world’s first, 100% cloud-based CAE (computer-aided engineering) platform supporting numerous analysis types including solid mechanics, fluid dynamics, and thermodynamics

Target Geographies Global Crate.io is a new breed of database to serve the needs of a data driven economy. Based on the familiar SQL syntax, IoT, B2B Marketplaces, Enterprise SaaS, crate.io combines high availability, resiliency, and scalability in a distributed and highly flexible design Target Sectors Energy Tech, Investors

FULL PORTFOLIO vito.vc/portfolio/ Investment Style Passive

KEY CONTACTS Deal Structures Flexible

Benedikt Herles • Benedikt joined Vito Ventures from global venture capital firm e.ventures where Key Investment Criteria Team, Market, Technology, Traction he was part of the European early stage investment team covering various Managing Partner industries ranging from eHealth to FinTech. Before becoming an investor, [email protected] Benedikt worked as a management consultant in a major strategy-consulting Website vito.vc/

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 130 Vorwerk Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Vorwerk Ventures is an investment vehicle of the Vorwerk Group. Its investment approach focuses on fast growing companies with direct-to- Offices Wuppertal consumer business models. The corporate venture capital arm makes global investments and holds shares in companies in Europe and the US.

Active Markets Europe Vorwerk Ventures combines the dynamic growth of young, innovative companies with the strong financial position and the solid direct-selling expertise of the Vorwerk Group. Their knowledge of and experience in direct selling coupled with the sound background of one of the most successful direct selling companies in the world are what set Vorwerk Ventures apart from purely financial investors and represent unique added Founded 2008 value for entrepreneurs seeking an investment partner.

Employees 4 (of which all in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

International meal kit delivery brand AUM N/A

Target Investment Size €1m - €10m First digital health insurance in Germany

Target Geographies Europe

International online retailer for fashion & lifestyle products at the best price Target Sectors Direct to Consumer

FULL PORTFOLIO corporate.vorwerk.de/vorwerk-ventures/en/portfolio/ Investment Style Passive

KEY CONTACTS Deal Structures Joint control, Minority

Dirk Meurer Team, Ecommerce & Social commerce, • Founding partner of Vorwerk Ventures; more than 20 years of international Key Investment Criteria Proven concept, Sizeable market, Managing Director investment experience Scalability • Companies: HelloFresh, JUNIQE, Neato Robotics, MeinAuto, Vaniday [email protected] Website www.vorwerk-ventures.de

Contact Email [email protected]

Contact Phone +49 202 564 1923

INVESTOR BOOK 131 W Ventures GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

W Ventures is an Internet Incubator based in Amsterdam. It is made by creative, hard-working and dynamic group of entrepreneurs united by a Offices Amsterdam common goal: “To support and create great online businesses”.

Active Markets Netherlands

Founded 2008

Employees N/A

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

FULL PORTFOLIO wventures.eu/ AUM N/A

Target Investment Size N/A

Target Geographies N/A

Target Sectors Internet, Digital

Investment Style N/A

KEY CONTACTS Deal Structures Non-Equity Program • Independent consultant engaged in entrepreneurial ventures and provides Jochen Wilms strategic advice in the fields of media, internet technology and sustainability. Key Investment Criteria Best online seed companies Partner • Previously: Sales and Marketing Manager, Managing Director of Sales and as Managing Director, at Bertelsmann AG. In 2002 he joined Schco International, as Website wventures.eu/ international Senior Executive Vice President and President Schco USA.1

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 132 WestTech Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

WestTech Ventures is a technology-oriented early stage investor in Berlin since 2013. The WestTech team invests in startups in the pre-seed and Offices Berlin seed phase in Germany. They usually start with investments from 50k to 250k in the first round and follow on with similar amounts.

Active Markets Germany The focus is on topics such as: software engineering, B2B, SaaS, mobile services, media technology, enterprise software and others in different verticals.

Founded 2013

Employees 4-10 (of which 5 in Europe)

Current Fund Size €10m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Dalia’ste enables the collection of real-time data on market trends, opinions, attitudes, perception AUM €10m

Target Investment Size €50k - €250k Remerge makes App Retargeting easy, scalable and efficient

Target Geographies Germany

fliit builts the operating system for the last mile delivery Target Sectors Technology, Technology-enabled services

FULL PORTFOLIO westtechventures.de/#portfolio Investment Style Active

KEY CONTACTS Deal Structures Minority, Flexible, Joint Control

Alexander Koelpin • Alexander Koelpin is MD & Partner at WestTech. He was a co-founder of the Key Investment Criteria Team, Market, Biz Model German Startups Group Berlin AG, also worked at the B2B startup inubit and as Managing Director consultant with Arthur Andersen. He holds postgraduate degrees in Economics, European Studies and Sociology from Berlin, Exeter and Cracow Website westtechventures.com

Masoud Kamali • Masoud Kamali is the MD & the Founder of WestTech. In 1995 he founded the Contact Email [email protected] S&S Media Group, a publisher and organiser of technology conferences, which Managing Director he built up in Germany and internationally and where he is in the advisory Contact Phone N/A board. He studied computer science and philosophy in Frankfurt

INVESTOR BOOK 133 XAnge

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

With €400m under management and a portfolio of 75 startups, XAnge has been a key investor in Europe for 15 years. Offices Paris, Munich

SPECIALIZED IN EARLY STAGE - The XAnge team has specific knowledge and truly understand your business challenges to back you Austria, Berligium, France, Germany, Active Markets Netherlands, Switzerland, UK SHARED PASSION AND AMBITION WITH ENTREPRENEURS - XAnge strongly believes that both sides of the table must be driven by the same enthusiasm Founded 2003

INTERNATIONAL REACH AND PROVEN TRACK RECORD - XAnge boosts entrepreneurs on a global scale Employees 11-25 (of which 16 in Europe) A DYNAMIC COMMUNITY OF ENTREPRENEURS - XAnge is an active player in a community 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

Austria, Berlgium, Finland, France, Target Geographies Germany, Netherlands, Switzerland, UK Studitemps is a temp agency for students Target Sectors Technology, Techlogy-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. Team, growth potential, market size, Key Investment Criteria Prior Bernhard was with Deutsche Venture Capital, the venture arm of Deutsche technology, business model Partner Bank. He started his VC life at Atlas Venture, a Boston based early stage venture [email protected] com fund. Bernhard serves on the Board of various technology companies. Website www.xange.fr

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 134 Zouk Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Zouk’s technology growth team helps commercially proven technology companies to accelerate growth, increase market share and create value Offices London while delivering scalable social and environmental impact in the process. They work in close alignment with top-tier management teams, bringing value-add and market access through decades of experience in technology, C-level operations and investment management and an unrivalled DACH, Belgium, Denmark, Finland, France, Ire- Active Markets network in Europe, Middle East, Asia and Africa. They develop close partnerships with their portfolio companies to support them in achieving their land, Netherlands, Norway, Sweden, UK growth and expansion plans and are chosen by entrepreneurs for their collaborative approach and extensive network of business influencers in their target geographies and industries. By bridging the funding gap for growth capital and employing a rigorous data-driven investment process, Founded 1999 they capitalise on the most compelling risk-adjusted opportunities in the technology investment landscape.

Employees 11 - 25 (of which 20 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

SIGFOX is the premier provider of dedicated cellular connectivity for Internet of Things and Machine-to-Machine AUM €600m communications

iZettle is a payment acceptance company Target Investment Size €10m - €30m Its products offer an easy way for micro and nano-merchants to accept card payments where they have previously DACH, Belgium, Denmark, Finland, not been able to due to prohibitively high charges from incumbent providers Target Geographies France, Ireland, Netherlands, Norway, Sweden, UK Berlin-based Nanotron Technologies developed a proprietary energy efficiency technology focused on ultra-low- E-Commerce Technology, Communications, power Real Time Location Systems applications using active RFID Target Sectors Education Technology, Travel & Transporta- tion, FinTech, Analytics, Digital Services FULL PORTFOLIO http://zouk.com/technology-growth Investment Style Active

KEY CONTACTS Deal Structures Minority, Lead

Significant market traction, scalable te- Marieke Christmann • She is an investment Manager in Zouk’s Growth Technology team and has been Key Investment Criteria chnology driven business model, strong with Zouk since 2014 Investment Manager revenue growth, team • Marieke’s passion is the TMT space. In her time in investment banking, she exe- [email protected] cuted transactions ranging from €30 million to €3.5 billion in transaction value Website zouk.com

Contact Email [email protected]

Contact Phone +44 (207) 947-3400

WINVESTOR BOOK 135 INVESTOR BOOK

GROWTH

136 BlackFin Capital Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

BlackFin Capital Partners focuses exclusively on the financial services sector, across Europe. The firm is active both in the “buyout” space with Offices Paris, Brussels, Frankfurt investment vehicles BlackFin Financial Services Fund (€220m) and BlackFin Financial Services Fund II (€400m), and the “venture” space with the launch of its BlackFin Tech Fund 1 (€120m). With this fund BlackFin invests 1-10m€ mostly at series A and B in European fintech and insurtech. Austria, Belgium, France, Germany, Italy, Active Markets Netherlands, Spain, Switzerland They are a highly specialized firm, founded and managed by four experienced entrepreneurs from the financial industry, with a dedicated FinTech team to select and support the most promising and successful entrepreneurs in the financial sector. Founded 2009

Employees 11 - 25 (of which 20 in Europe)

Current Fund Size €120m

SELECTED PORTFOLIO COMPANIES Use of Debt No

The finanzen Group is the leading provider of marketplace technology for insurance & finance leads AUM N/A Operating currently in 4 European countries

Target Investment Size €1m - €10m NeoXam provides Asset Management and Capital Markets firms with cost-efficient, proven and mission-critical solutions Austria, Belgium, France, Germany, Italy, Target Geographies Netherlands, Spain, Switzerland Owliance supports brokers, insurance companies, mutual insurance companies, provident institutions, banks, bancassurance companies and experts in their management activities Target Sectors Financial Technology, Financial Services

FULL PORTFOLIO www.blackfin-tech.com/investments Investment Style Active

KEY CONTACTS Deal Structures Minority

Maxime Mandin Series A, Series B, Europe, Fintech, • Maxime Mandin started his career in Venture Capital at AXA Private Equity in Key Investment Criteria Insurtech Investment Manager 2009 in Paris and then at XAnge Private Equity and Seventure in Munich [email protected] • From 2013 he focused on the Fintech & Insurtech space in France and Germany Website www.blackfin-tech.com

Contact Email [email protected]

Contact Phone +33 (0)1 75 00 02 30

INVESTOR BOOK 137 Burda Digital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Hubert Burda Media is a leading European media company with a strong international footprint and more than 2 billion in external revenues in Offices Munich 2016. It has a proven track record of digital investments for almost 20 years and has built a strong global network among digital thought leaders through its well known DLD conferences. Burda pools the group’s majority owned internet activities under the strategic holding company Burda Active Markets Austria, Germany, Switzerland Digital GmbH. Burda Digital GmbH consolidates successful brands such as XING, HolidayCheck, jameda, Focus Online, CHIP and Cyberport.

It contributes more than 50% of the overall group’s revenues. Burda Digital GmbH is continuously looking for investment opportunities to Founded 1903 strengthen its portfolio. For digital entrepreneurs, Burda is the ideal home due to its decentral organizational structure, private ownership and strong digital counterparts. Employees N/A

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Leading social network for business professionals in German-speaking countries (DACH); >10m members AUM N/A

Target Investment Size €0.5m - €100m Germany’s largest platform for searching and recommending doctors with more than 275.000 doctors

Target Geographies Austria, Germany, Switzerland

Successful digital publishing house with brands like FOCUS Online, Huffington Post, and CHIP Marketplaces, Media, Education Technology, Target Sectors Travel & Transportation, Health, Marketing https://www.burda.com/de/marken/?profitcenter=burdadirect&profitcenter=burdaforward&profitcenter=holiday- FULL PORTFOLIO Investment Style Active check-group-ag&profitcenter=xing-ag&profitcenter=burdatech&countries__country=DE

KEY CONTACTS Deal Structures Majority Clemens Müller • Deputy head of M&A at Hubert Burda Media Holding Strong team, profitability, growth Deputy Head of M&A • Previously Director M&A, ProSiebenSat.1 Media SE and Associate Director, Key Investment Criteria potential, sustainable business model [email protected] goetzpartners Corporate Finance GmbH

Mathias Wahrenberger • Managing Director Burda Digital GmbH and DLD Ventures GmbH Website www.burda.com Managing Director • Board Member jameda GmbH, BurdaForward GmbH, Cyberport GmbH, lool [email protected] Ventures and other Contact Email [email protected] Andreas Jagdhuber • Managing Director, IDnow GmbH Senior Manager Corporate Development • Founder & Managing Director, Altruja GmbH Contact Phone N/A [email protected] • Consultant Simon-Kucher & Partners GmbH

INVESTOR BOOK 138 Burda Principal Investments

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Burda Principal Investments (BPI), a division of Hubert Burda Media, provides long term growth equity for fast growing digital technology and Offices Munich, London media companies. Hubert Burda Media is one of Europe’s largest media and technology conglomerates with a strong investment track record in internet-centric businesses since 1998. Active Markets France, Germany, Lithuania, US, UK They have been partners for visionary entrepreneurs, leveraging Burda’s capital, brands and sector expertise, particularly in the areas of business expansion, internationalisation and localisation. Founded 2015

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 4 - 10 (of which 6 in Europe) invested in internet platforms such as Etsy, zooplus, HolidayCheck, or Xing AG. BPI is run by a dedicated team of investment professionals based in Munich, London and .

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

International market place for second hand fashion AUM N/A

Target Investment Size €2m - €25m Online fresh flower delivery company through letterboxes in the UK Finland, France, Germany, Israel, Italy, Target Geographies Lithuania, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, UK UK’s leading curated marketplace for unique, high-quality and innovative products and gifts E-Commerce Technology, Marketplace, Target Sectors Media, Travel & Transportation, Health

FULL PORTFOLIO www.burdaprincipalinvestments.com/investments/ Investment Style Active

KEY CONTACTS Deal Structures Minority

Martin Weiss Christian Teichmann Proven business model, scalability, Key Investment Criteria right vertical and team CEO & Managing Director Managing Director [email protected] [email protected] Website www.burda.com

Benita Merz Thomas Kulcsar Contact Email [email protected] Investment Manager Investment Manager

Contact Phone N/A [email protected] [email protected]

INVESTOR BOOK 139 Catalyst Investors

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Catalyst Investors is a growth equity venture capital firm investing in technology-enabled businesses. Founded in 1999 and currently investing Offices New York out of our $377 million fourth fund, the Catalyst team employs a proactive, research-based approach to investing. They target sectors that are experiencing above-average growth relative to the broader market. They utilize the proactive research program and dedicated Catalyst Advisory Active Markets Germany, United Kingdom Group of seasoned technology entrepreneurs to recognize important market trends early. They identify and invest in world-class companies and management teams to capitalize on those trends. They are true growth equity investors – the returns are driven primarily by their companies’ growth, not by the use of excessive debt financing. They work in partnership with entrepreneurs to ensure that they have the full array of strate- Founded 1999 gic, tactical, and financial tools to excel in fast-moving, competitive industries.

Employees 11-25 (of which none in Europe)

Current Fund Size $377m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Jobvite is leading the industry with the most comprehensive and analytics-driven recruiting platform AUM $800m

Target Investment Size $10m - $60m Videology is a leading software provider for converged, addressable advertising across TV and digital video

Target Geographies Germany, United Kingdom MediaMath offers a demand-side platform enabling agencies and advertisers to value and purchase digital adverti- sing, at scale and in real time Target Sectors Agnostic

FULL PORTFOLIO catalyst.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Majority, Minority, Flexible, Lead

Brian Rich • Mr. Rich is responsible for the general management and investment policy of Key Investment Criteria $10m+ Revenue Managing Partner, Co-Founder Catalyst Investors. He monitors all of the firm investment opportunities and provides counsel for all portfolio companies [email protected] Website www.catalyst.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 140 Egmont

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Egmont is a leading media group in the Nordic region with activities in 30 countries and 6,200 employees, producing high-quality content and Offices Copenhagen, Oslo digital innovation. Egmont is responsible for Nordisk Film and TV 2 in Norway, book publishing and Egmont Publishing, and is part owners of other joint venture businesses. They publish over 700 magazine titles, broadcast 154 hours of TV each day, publish 2,200 new books every year, release Denmark, Finland, Germany, Norway, Active Markets one film a week, sell PlayStation – and more. Egmont is a commercial foundation which generated revenue amounting to EUR 1.6 billion in 2015. Poland, Sweden, UK Egmont donates over EUR 13 million a year to help improve the lives of children and young people.

Founded 1920 Through a separate ecommerce investment entity Egmont has invested in e-commerce since early 2013. The strategy is to obtain leading positions in high interest niche areas. Focused on minority investments and close collaboration with existing founders and management teams. Employees 4,000 (of which all in Europe)

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 €5m - €150m Ecommerce company specialised within outdoor sports equipment niche Austria, Belgium, Denmark, Finland, Target Geographies Germany, Norway, Poland, Sweden, Switzerland, UK Ecommerce beauty niche shop (selling hairproducts, skincare, make-up and perfumes) Target Sectors Retail

FULL PORTFOLIO www.egmont.com Investment Style Active

KEY CONTACTS Deal Structures Minority, Flexible

Carsten Pingel High growth potential, high • 10 years experience with management consulting, strategy and business deve- Key Investment Criteria customer interest niches, category Head of International Investment lopment with focus on online and technology focused businesses. Specialised in experts to create ustainable positions creating value and growth in established businesses and new ventures [email protected] Website www.egmont.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 141 ESN Group

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Established in 1991 by Mr. Grigory Berezkin the ESN Group (ESN), is a privately held leading Russian private equity group. Offices Moscow Initially focusing primarily on the oil sector ESN has successfully diversified its investment portfolio into currently infrastructure, energy, innova- tions and media sectors with a combined 2014 turnover of USD 5bn. Active Markets France, Germany, Russia With headquarters in Moscow, ESN is primarily focused on investments in IT and internet companies. ESN’s investment portfolio: Mobile Opera- ting System Sailfish, mPos services 2can, Storj, Metro newspaper in Russia, e.t.c.

Founded 1991

Employees 26 - 50 (of which 3 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Storj - Blockchain based, end-to-end encrypted, distributed object storage AUM N/A

Target Investment Size €50k - €10m Jolla - Independent

Target Geographies France, Germany, Russia, UK

2can - mPos service provider in Russia Marketplaces, Media, Financial Technology, Target Sectors Analytics, Digital Services

FULL PORTFOLIO N/A Investment Style Active

KEY CONTACTS Deal Structures Flexible

Boris Krasnovsky High potential for growth, Platform • CEO and Member of the Board of Directors of ESN Group since 2006 Key Investment Criteria technology or solution CEO • Previously: Lawyer, Puender, Volhard, Weber, Axter from 1999 to 2000 • Senior Lawyer, Clifford Chance LLP from 2000 to 2006 [email protected] Website N/A

Michael Gorfil • Investment Director at ESN Group since 2013 Contact Email [email protected] • Senior Consultant at KPMG Strategy Group from 2011 to 2013 Investment Director • Investment Manager at Wermuth Asset Management from 2008 to 2011 Contact Phone +7 (910) 451-4619 [email protected] • MSc Finance and Management from Cranfield School of Management, London

WINVESTOR BOOK 142 Eurazeo

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Eurazeo Growth is the late stage venture arm of the Paris-listed investment company Eurazeo. Offices Paris

Eurazeo is one of the leading listed investment companies in Europe. Its purpose and mission is to identify, accelerate and enhance the Active Markets France transformation potential of the companies in which it invests.

Founded 1991

Employees 100 - 1,000 (of which 100 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Farfetch is an on-line shopping platform connecting brands and multi-brand boutiques with customers in some 190 AUM N/A countries

Target Investment Size €10m - €50m I - Pulse - Developer of innovative technologies in high power electronics

Target Geographies France, Germany, Italy, Spain

PeopleDoc is a pioneer in HR software using an SaaS platform Target Sectors Retail, Marketplaces

FULL PORTFOLIO eurazeo.com Investment Style Active

KEY CONTACTS Deal Structures Flexible

Elina Berrebi • Elina Berrebi joined Eurazeo in June 2013 as analyst after she has been an Key Investment Criteria Mid-cap with a large growth Senior Associate account manager with FSI in Paris since 2010 • Ecole Polytechnique, University of Columbia [email protected] Website eurazeo.com

Contact Email [email protected]

Contact Phone +33 1 44 15 806

WINVESTOR BOOK 143 Frog Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Frog Capital is a leading growth capital investor focused on technology-led businesses in Europe. Offices London

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 Active Markets Europe €1bn.

Frog is a committed long-term partner, investing in ambitious companies with revenue up to €30m and requiring up to €20m of growth capital. Founded 2008

By applying industry knowledge, a network of relationships and operating expertise, Frog actively supports exceptional company growth and Employees 8 (of which 8 in Europe) builds significant shareholder value. For further information, please visit www.frogcapital.com.

Current Fund Size €90m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Azimo, leading European online money transfer service provider AUM €180m

Target Investment Size €2m - €10m Skimlinks, seamless content monetisation for digital publishers

Target Geographies Europe OrderDynamics provides best-of-breed, cloud based order management technology that lets retailers converge their online and offline strategies to deliver on the promises of omni-channel retail Target Sectors IT, Digital Media & Resource Efficiency

FULL PORTFOLIO www.frogcapital.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures Minority of majority

Jens Düing • Partner at Frog Capital Ltd (Mar 2012 – Present) - Board Member at McMakler Key Investment Criteria Generating €3m - €30m of revenue Principal GmbH (2016 – Present) - Board Observer at Azimo (2015 – Present) - Board Observer at Oxsensis ltd (2013 – Present) [email protected] Website www.frogcapital.com

Contact Email [email protected]

Contact Phone +44 (0)20 7833 0555

INVESTOR BOOK 144 Generation Investment Management

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

London, New York Generation was established in April 2004 as an independent, private, owner-managed partnership with offices in London and New York. Gene- Offices ration’s founding team includes Al Gore as Chairman and David Blood as Senior Partner. The investment approach is based on an investment process that fully integrates sustainability analysis into investment decisions and is focused on long-term performance. Generation manages Active Markets Europe & US $14bn across its Global Equity, Asia Equity, Growth Equity and Direct Lending strategies.

In 2008, Generation launched its growth equity strategy seeking to capitalise on opportunities to invest in growth stage businesses that are gene- Founded 2004 rating value by driving the transition to a low carbon and sustainable economy.

Employees 84

Current Fund Size $520m

SELECTED PORTFOLIO COMPANIES Use of Debt No

M-KOPA, leading provider of “pay-as-you-go” solar power for off-grid customers AUM $14bn

Target Investment Size $15 - 50m DocuSign, provides cloud-based digital transaction management software globally

Target Geographies Global Seventh Generation, leading brand of non-toxic and renewable-based household and personal care products in Energy, Sustainable Consumption, Smart North America. . On September 19, 2016, Unilever agreed to acquire Seventh Generation. Target Sectors Mobility, Supply Chain & Logistics, Digital Enterprise, Food & Water Systems FULL PORTFOLIO www.generationim.com/investment-strategies/ Investment Style Active

KEY CONTACTS Deal Structures Minority • Alois Fltaz has over 20 years of investment experience, focused on the Growth-stage, commercial traction, Alois Flatz interface of finance, sustainable development and growth investing. He is Key Investment Criteria strong management team, low carbon seasoned builder of several private equity and boutique financial advisory Senior Advisor solution businesses (eg. Zouk Capital, RobeccoSAM, Forma Futura). Also Mr. Flatz is serial business in high-tech impact startups and experienced Website www.generationim.com and hands-on Board Member, with relevant industry networks.

Contact Email [email protected]

Contact Phone +44 (0) 20 7534 4758

INVESTOR BOOK 145 Goldman Sachs Private Capital Investing

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

The Goldman Sachs Private Capital Investing group is Goldman Sachs investment platform dedicated to providing long term capital to growth and Offices New York, London, Moscow, Istanbul middle-market companies. The group focuses on investing as a lead or minority investor and can provide both minority equity and debt financing, investing between $20m and $100m per deal. Active Markets Global Key differentiating factors are: (i) As a balance sheet investor we can provide any type of flexible capital ranging from common, preferred and structured equity to junior and senior debt, (ii) long term investment horizon, and (iii) a global, coordinated team with a more than 12 year track Founded 2002 record investing in high growth companies in developed as well as emerging markets.

Employees 51-100 (of which 18 in Europe)

Current Fund Size Goldman Sachs Balance Sheet Investing

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

AppsFlyer - Leading mobile attribution & marketing analytics platform AUM N/A

Target Investment Size €20m - €150m Nuxeo - Provider of an Enterprise Content Management (ECM) platform

Target Geographies Global

HighQ - Enterprise collaboration and data room software Technology, Business Services, Software, Target Sectors Technology-Enabled Services

FULL PORTFOLIO www.gs.com Investment Style Flexible

Majority, Minority, Flexible, Joint Control, KEY CONTACTS Deal Structures Control, Lead Christian Resch High Growth, Strong Management, Key Investment Criteria Large Addressable Market Head of GS Private Capital Growth • Joined Goldman Sachs in 2004, based in London [email protected] Website www.gs.com

Alexander Lippert Contact Email [email protected] • Sourcing and underwriting investments in mid-market and high growth Investment Professional companies • Joined Goldman Sachs in 2013, based in London Contact Phone N/A [email protected]

INVESTOR BOOK 146 Highland Capital Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Highland Europe invests in rapidly growing European internet, mobile and software companies that address large market opportunities. Their Offices Geneva, London capital enables management teams to accelerate growth and build a lasting, valuable business. The companies they seek to partner with usually have significant scale, typically over €10 million in current annualized revenues and growing fast. Their investments generally range in size from Active Markets Europe €10 million €30 million.

Founded 2012

Employees 11 - 25 (of which 15 in Europe)

Current Fund Size €332m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Global marketplace for local travel activities AUM €630m

Target Investment Size €10m - €30m Stylist-led fashion eCommerce for men

Target Geographies Europe

Business intelligence platform for mobile apps Target Sectors Software, Internet, Digital Media, Mobile

FULL PORTFOLIO www.highlandeurope.com/companies Investment Style Flexible

KEY CONTACTS Deal Structures Minority

c.10m in annual revenues, exceptional Helena Prokhorenko Key Investment Criteria growth, strong market position, • Investment Associate in Highland Capital Partners Europe Associate proven product, team • Previously healthcare investment banking analyst at Merrill Lynch [email protected] Website www.highlandeurope.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 147 Harbert European Growth Capital Fund

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Harbert European Growth Capital Fund (“HEGCF”) is an investment partner to high growth entrepreneurial businesses across Europe in the Offices London 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.

The fund is based in London and is corner sponsored by Harbert Management Corporation, a US headquartered independent investment firm, Founded 2013 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 Employees 4-10 (of which 9 in Europe) growth, 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 people AUM €120m

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

David Bateman Key Investment Criteria Growth Stage businesses • Co-Founder and Co-Managing Partner of HEGC, David has been investing in Managing Director European growth stage businesses for over 10 years [email protected] Website www.harbert.net/

Johan Kampe Contact Email [email protected] • Co-Founder and Co-Managing Partner of HEGC, Johan has been investing in Managing Director European growth stage businesses for over 10 years Contact Phone N/A [email protected]

INVESTOR BOOK 148 HPE Growth Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

HPE Growth Capital (“HPE”) is a technology growth equity specialist targeting investments in high-growth firms (c. 50 – 250 employees) in Northern Offices Amsterdam, Dusseldorf Europe, with an emphasis on Germany and the Benelux.

Austria, Belgium, Germany, Netherlands, Active Markets Through the investments in fast growing profitable technology companies HPE seeks to become active partners of the portfolio companies with Norway, Sweden, UK the objective to accelerate growth and create future market leaders through internationalization, expansion of sales and marketing, operational excellence and buy-and-build. Founded 2010

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

SELECTED PORTFOLIO COMPANIES Use of Debt No

An innovative ticketing platform for finding, booking and using admission tickets AUM €400m

Target Investment Size €10m - €30m Digitally controlled premium fitness strength equipment

Belgium, Denmark, Germany, Target Geographies Netherlands, Norway, Sweden Big Data online credit scoring and loan underwriting E-Commerce Technology, Media, Financial Target Sectors Technology, Financial Services, Hardware

FULL PORTFOLIO www.hpegrowthcapital.com/companies/ Investment Style Active

KEY CONTACTS Deal Structures Minority Manfred Krikke • 16 years of 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, [email protected] min. €500k MRR or €10m revenue • Companies: eGym, Kreditech, PPRO

Jonne de Leeuw • In his role as Principal he is responsible for sourcing, evaluating and deal Website www.hpegrowthcapital.com/ Principal execution of investment opportunities in growth stage technology companies [email protected] • Companies: eGym, PPRO, Tiqets Contact Email [email protected] Martin Karschkes • Martin is is responsible for the identification and evaluation of investment Associate opportunities, market analysis and due diligence. Contact Phone +31 20 714 3400 [email protected] Within the current portfolio he is involved in SFC Energy and Cotesa

INVESTOR BOOK 149 Insight Venture Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies Offices New York 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 Active Markets Global expertise to foster long-term success.

Founded 1995

Employees 51-100 (of which - in Europe)

Current Fund Size $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 from AUM $8bn 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 https://www.insightpartners.com/insight-onsite/events/portfolio-day-and-pre-ipo-conference/ 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 protected] Website https://www.insightpartners.com/

• Tejinder Gill joined Insight in 2015. He previously focused on international Tejinder Gill Contact Email [email protected] expansion while working at Delivery Hero, based in Berlin, and has spent time Associate consulting in the telecommunications industry with Altman Vilandrie & Co.. [email protected] Before venturing into the world of business, Tejinder researched blood cell Contact Phone +1 212 230 9200 production and cancer at the Harvard Stem Cell institute.

INVESTOR BOOK 150 Kinnevik

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Kinnevik is an industry focused investment company with an entrepreneurial spirit. The purpose is to build the digital consumer businesses that Offices Stockholm, London provide more and better choice. The Kinnevik team does this by working in partnership with talented founders and management teams to create, invest in and lead fast growing businesses in developed and emerging markets. Kinnevik believes in delivering both shareholder and social value Active Markets Global by building well governed companies that contribute positively to society.

Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn . Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large Founded 1936 cap companies under the ticker codes KINV A and KINV B.

Employees 26-50 (of which 40 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt No

Europe’s leading online fashion platform, active in 15 European markets AUM N/A

One of Europe’s leading telecommunications operators Target Investment Size Stage agnostic

Online store for furniture and home accessories in seven core markets in Europe and Brazil Target Geographies Sweden, UK and Germany

E-Commerce Technology, Marketplaces, International Home & Living e-commerce company in 14 markets across Europe, Brazil and Russia Target Sectors Media, Health, Communications, Financial Technology, Financial Services

Investment Style N/A FULL PORTFOLIO www.kinnevik.com/our-investments

KEY CONTACTS Deal Structures N/A Joakim Andersson • Board positions: Non-Executive Director of MTG Large addressable market, strong team, Acting Chief Executive Officer • Previous Experience: Group Treasurer of Kinnevik 2007-2014, Treasury and Key Investment Criteria high barriers to entry, Corporate Finance manager of Banque Invik 2001-2007; Education: Graduate in [email protected] focus on technology Business Administration from Växjö University Chris Bischoff • Board positions: Chairman Milvik/BIMA and Saltside, Board Director Babylon, Website www.kinnevik.com Senior Investment Director Bayport, Betterment and Quikr, Board observer Livongo • Previous Experience: Head of European Media & Internet at Goldman Sachs; [email protected] Education: BA in History from University of Bristol, M.Sc. in Business Administration from INSE Contact Email [email protected] Christoph Barchewitz • Board positions: Board Director of Global Fashion Group, Home24, Westwing and Linio Investment Director • Previous Experience: Vice President at Goldman Sachs, Senior Consultant at So- Contact Phone N/A [email protected] lon Management Consulting; Education: M.Sc. in Business Administration from Mannheim University, MPA from Columbia University INVESTOR BOOK 151 One Peak Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

One Peak is a specialist investor in exciting growth stage technology companies in Europe. The One Peak team partners with exceptional entre- Offices London preneurs and management teams to transform rapidly growing businesses into lasting, category-defining industry leaders.

Active Markets Europe, Israel, Turkey One Peak Partners invests €5-50m per investment, often as first . The team is excited about growth businesses with proven technology and scalable business models (>€5m in revenue), validated by a diversified customer base and attractive unit economics.

Founded 2014

Employees 4-10 (of which 8 in Europe)

Current Fund Size €250m

SELECTED PORTFOLIO COMPANIES Use of Debt No

Coople is an on-demand marketplace for temporary staffing AUM €250m

Target Investment Size €5m - €50m HighQ is a secure collaboration and content management SaaS platform

Target Geographies Europe, Israel, Turkey

DocPlanner enables patients to find great, local physicians online and book an appointment E-Commerce, Marketplaces, Target Sectors Communications, EduTech, FinTech, Financial Services, Health FULL PORTFOLIO www.onepeakpartners.com Investment Style Active

KEY CONTACTS Deal Structures Majority, Minority, Flexible, Lead

Proven technology, scalable business David Klein • David is a co-founder and Managing Partner of One Peak Partners. Key Investment Criteria models (>€5m rev), diversified customer • Prior to One Peak, he was a senior investment professional at growth equity Managing Partner base, attractive unit economics fund Summit Partners and also led technology investments at Morgan Stanley [email protected] Principal Investments. Website www.onepeakpartners.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 152 Scottish Equity Partners (SEP)

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Scottish Equity Partners (SEP) backs the best high growth technology businesses across the UK & Ireland and selectively in Europe. The company Offices London, Glasgow, Edinburgh has €1 billion under management and one of the longest and strongest venture capital track records in Europe having invested in over 150 com- panies over the last 20 years. The SEP team makes growth equity investments across a range of sectors, with a particular interest in enterprise Active Markets UK, Ireland, Europe software, consumer internet and tech-enabled service businesses.

SEP builds value by playing an active and supportive role in the growth and development of our portfolio companies. Global travel search busi- Founded 2000 ness Skyscanner is one of three SEP investments to have secured an exit of over $1bn in recent years and its current portfolio contains some of Europe’s most exciting and innovative companies including luxury fashion retailer Matchesfashion.com, data centre business Pulsant, language Employees 45 (of which all in Europe) learning business Babbel, online eyewear retailer Mister Spex, car finance provider Zuto and insurance technology specialist SSP.

Current Fund Size €300m

SELECTED PORTFOLIO COMPANIES Use of Debt No The world’s travel search engine. Over 60 million people use Skyscanner each month to find flights, hotels and car hire and the Skyscanner app has been downloaded over 60 million times. The company has 800 employees AUM €1bn worldwide. Acquired by Chinese Ctrip in 2016 for €1.6 billion

The world’s most innovative education company. More than 1 million customers use Babbel for online language Target Investment Size Up to €25m learning and its products cover 8,500 hours of content in 14 languages. Babbel has a team of >450 people working in Berlin and New York Target Geographies UK, Ireland, Europe Car finance provider Zuto is one of the UK’s fastest growing companies In the last three years, it has grown its turno- Enterprise Software, Consumer Internet, ver to over €27 million and now employs over 350 staff across sites the north of England Target Sectors Tech-Enabled Service Businesses

FULL PORTFOLIO www.sep.co.uk/companies/ Investment Style Active

KEY CONTACTS Deal Structures Minority, replacement, MBO • A founding Partner of SEP, Stuart has been investing in technology companies Stuart Paterson Equity for growth stage technology for 20 years. He specialises in investments in consumer internet and enterprise Key Investment Criteria companies Partner software • Companies: Babbel, Mister Spex, Peppermint Technology, SportPursuit, [email protected] Website www.sep.co.uk LoveCrafts

Tim Ankers Contact Email [email protected] • Tim focuses on investments in innovative e-commerce, consumer internet and Analyst enterprise software businesses including Software as a Service • Companies: LoveCrafts, Mister Spex, Babbel Contact Phone +44 (0)207 758 5900 [email protected]

INVESTOR BOOK 153 Spectrum Equity

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative Internet, software and information services Offices San Francisco companies. For over 20 years, Spectrum Equity has partnered with high growth companies across the information economy.

Active Markets Europe, Israel, Turkey, Russia

Founded 1994

Employees 26-50 (of which none in Europe)

Current Fund Size $1bn

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Jimdo is the leading provider of cloud-based website creation platform in Europe AUM $5bn

Target Investment Size $20m - $100m Prezi is a cloud-based presentation and storytelling software platform

Target Geographies Europe, Israel, Turkey, Russia

SurveyMonkey is the world’s leader provider of web-based survey solutions Target Sectors Internet, software and information services

FULL PORTFOLIO www.spectrumequity.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Flexible

John Connolly • John joined Spectrum Equity in 2009 and currently is a Principal at the firm. His Key Investment Criteria Growth stage companies areas of investment focus include Internet, software, and education technology. Principal He has helped lead the firms investments in Jimdo, Prezi, GrubHub, GoodRx, [email protected] TeachersPayTeachers, Ancestry.com, Finalsite and Examsoft Website www.spectrumequity.com/

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 154 TA Associates

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

At TA Associates, the team invests in exciting industries with the goal of helping management teams build their businesses into great international Offices London, Boston, Menlo Park, Mumbai, companies. TA is one of the oldest and largest growth private equity firms in the world. They offer their portfolio companies financial backing, strategic guidance and a significant network of contacts. Their more than 450 current and former portfolio companies and over 120 IPOs illustrate Active Markets US, Europe, Asia the commitment to provide steady support through the cycles of the global economy. TA works with our companies to navigate the complicated paths of public offerings, debt financings, and .

Founded 1968

Employees 130 (of which 15 in Europe)

Current Fund Size $7bn

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

AUM $24bn (10Bis)

Target Investment Size $50m - $500m

Target Geographies US, Europe, Asia

Technology, Healthcare, Target Sectors Consumer, Business Services

FULL PORTFOLIO https://www.ta.com/portfolio/technology Investment Style Active

KEY CONTACTS Deal Structures Minority, Majority Morgan Seigler • TA Associates since 2003 Managing Director • Companies: 10Bis, AVG, Bigpoint, CMOSIS, Eurowag, Flashtalking, M&M Direct, Key Investment Criteria Top-line Growth and Profitability [email protected] ION Trading; eCircle, Smartstream, ITRS

Stefan Dandl Website www.ta.com/ • TA Associates since 2013 Vice President • Companies: 10bis, CMOSIS, ION Trading, Thinkproject!, Eurowag [email protected] Contact Email [email protected] Zeynep Yavuz Investment Professional • TA Associates since 2016; previously at Merrill Lynch Contact Phone +44 207 8230215 [email protected]

INVESTOR BOOK 155 Technology Crossover Ventures

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Technology Crossover Ventures (TCV), founded in 1995, is a leading provider of capital to growth-stage technology companies, providing funds to Offices London, Palo Alto, New York later-stage private and public companies. With $10bn in capital raised, TCV has invested in over 200 technology companies over the last 18 years. Selected investments include: Altiris, Airbnb, ExactTarget, Expedia, Facebook, Fandango, FX Alliance, Go Daddy, Linkedin, HomeAway, Netflix, Active Markets International Redback Networks, RiskMetrics Group, Sitecore, Splunk, Spotify and Zillow.

TCV is headquartered in Palo Alto, CA with offices in New York, NY and London. Founded 1995

Employees 80

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Occasionally

Leading global video streaming and DVD rental service, based in Los Gatos, California AUM $10bn

Target Investment Size $20m - $250m #1 US-focused online home and real estate marketplace, based in Seattle, Washington

Target Geographies US, Europe, Israel Leading provider of web content management and online engagement solutions, based in Copenhagen, Denmark Internet, Software, Infrastructure, Target Sectors Business and Financial Services

Board-level involvement FULL PORTFOLIO www.tcv.com/companies Investment Style and operational support KEY CONTACTS Deal Structures Minority, Majority

John Doran Key Investment Criteria Category Leading Growth Businesses • Joined TCV in 2012 General Partner • Previously with Summit Partners and Morgan Stanley [email protected] Website www.tcv.com

Simon Breakwell Contact Email [email protected] Venture Partner

Contact Phone +44 (0)20 7004 2620

INVESTOR BOOK 156 Vitruvian Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Vitruvian is an independent private equity firm which specialises in growth capital investments, growth and middle-market buyouts in Offices London, Munich, Stockholm Europe. The firm focuses on investing in ‘dynamic situations’ – fast growing businesses in industries characterised by growth and change such as Austria, Belgium, Denmark, Finland, France, digital, software, media, telecoms, healthcare, financial services, business services and leisure. Active Markets Germany, Ireland, Netherlands, Norway, Sweden, Switzerland, UK Vitruvian is currently investing its second fund of £1bn and has offices in London, Munich, Stockholm and San Francisco.

Founded 2007

Employees 26-50 (of which 40 in Europe)

Current Fund Size £1bn

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Online marketplace platform for branded luxury apparel and accessories AUM £1.8bn

Target Investment Size £30m - £175m World’s leading online and mobile marketplace for takeaway food Austria, Belgium, Denmark, Finland, Target Geographies France, Germany, Ireland, Netherlands, Norway, Sweden, Switzerland, UK Marketplaces, Media, Global travel metasearch engine Target Sectors Travel & Transportation, Health, Financial Technology, Financial Services FULL PORTFOLIO Investment Style Active www.vitruvianpartners.com/investments

KEY CONTACTS Deal Structures Flexible, Majority, Minority Torsten Winkler • Responsible for the firm’s activities in DACH and focus on technology and life sciences & healthcare Partner Strong growth supported by • Companies: Verastar, Linimed-Fazmed Key Investment Criteria torsten.winkler@vitruvian... sustainable business model Florian Korp Senior Vice President • At Vitruvian since 2017, focus on the DACH region Website www.vitruvianpartners.com florian.korp@vitruvian... Leonard Clemens • At Vitruvian since 2007, focus on deal generation in DACH and the Life Sciences & Healthcare sector Director of Business Development DACH • Companies: Tinopolis, Linimed-Fazmed Contact Email [email protected] leonard.clemens@vitruvian... Michael Mitterlehner • At Vitruvian since 2014, focus on internet and software across verticals as well as Business Services Contact Phone N/A Vice President michael.mitterlehner@vitruvian... • Companies: Snaplogic, Unifaun, Farfetch, Just Eat, Solvinity

INVESTOR BOOK 157 INVESTOR BOOK

DEBT

158 Bootstrap Europe

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Fast growth companies often require additional money to fuel scale, yet their founders and their investors do not want to be diluted. Venture Offices Luxembourg, Zurich, London, Paris 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 Europe (ex-Russia), 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 2015

Employees 1-3 (of which 3 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 Europe, Turkey

Target Sectors Agnostic

Investment Style Active

KEY CONTACTS Deal Structures Venture Debt

Stephanie Heller Fast Growth, can sustain • Stephanie is a partner and co-founder at Bootstrap, based in Zurich and Lon- Key Investment Criteria monthy reimbursements Managing Partner don, where she focuses on the sourcing, risk evaluation, negotiation and due diligence of new investment opportunities [email protected] Website bootstrapeurope.com/en

Fatou Diagne Contact Email [email protected] • Fatou is a partner and co-founder at Bootstrap, based in Zurich, where she Managing Partner focuses on the sourcing, risk evaluation, negotiation and due diligence of new investment opportunities Contact Phone N/A [email protected]

INVESTOR BOOK 159 Columbia Lake Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Columbia Lake Partners is a London-based venture debt fund focused on providing growth capital to European technology companies. The Fund Offices London is targeting Series A/B/C companies (typically with revenues, growing quickly and high gross margins) and provides 36-month amortizing loans in DACH, Belgium, Denmark, Finland, Ireland, the range of €1-10 million. Our approach is to be transparent, easy to work with and flexible. Active Markets Netherlands, Norway, Portugal, Spain, Sweden, UK For more information visit: www.clpgrowth.com

Founded 2014

Employees 4 - 10 (of which 5 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

FULL PORTFOLIO www.clpgrowth.com AUM N/A

Target Investment Size €1m - €10m

DACH, Belgium, Denmark, Finland, Ireland, Target Geographies Netherlands, Norway, Portugal, Spain, Sweden, UK E-Commerce, Marketplaces, Communications, Target Sectors Education Tech., Travel & Transportation, FinTech, Marketing, Analytics, Digital Services, SaaS

Investment Style Flexible

KEY CONTACTS Deal Structures Venture Debt

Stephanie Opdam • Stephanie Opdam is an Associate at Columbia Lake Partners Key Investment Criteria Series A/B/C Associate • She is responsible for the screening of investment opportunities, financial analysis, structuring, due diligence and portfolio management of debt [email protected] relationships with technology companies Website www.clpgrowth.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 160 Davidson Capital GmbH

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Growth Debt facility of 2 to 10m to companies with min 10m of annual revenues Offices Berlin

Active Markets Germany

Founded 2015

Employees 4-10 (of which 5 in Europe)

Current Fund Size €100m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

FULL PORTFOLIO www.davidson-capital.com/ AUM €25m

Target Investment Size €2m - €10m

Target Geographies Germany, Israel, Switzerland, UK

E-Commerce Technology, Marketplaces, Target Sectors Media, Financial Technology, Investor, B2B, Mobile

Investment Style Active

KEY CONTACTS Deal Structures Lead

Min 10m annual revenues, Eran Davidson • Raising and managing six Venture Capital funds since 1996, this is Eran’s fund Key Investment Criteria Loan facility should bring the company #7m, first German Venture Debt fund and market leader, with already five por- Managing Partner to break-even tfolio companies in one year. Eran founded Hasso Plattner Ventures Germany, [email protected] 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 (030) 236-0767

INVESTOR BOOK 161 ESO Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

ESO Capital is an independent investment boutique focused on providing capital to European SMEs, including high growth businesses. Offices London, Zurich Founded in 2006, the firm has offices in London and Zurich. ESO Capital provides flexible debt solutions, with a targeted deal size is €7 to 40 million and a typical investment horizon of 2 to 5 years. Active Markets Europe Currently investing out of its 6th fund, ESO manages funds on behalf of institutional investors and has deployed over €600 million in capital in close to 60 deals. Founded 2006

Employees 26-50 (of which 20+ in Europe)

Current Fund Size €350m

TYPICAL LOAN TERMS Use of Debt Yes

SIZE: €7m to €40m AUM €600m

Target Investment Size €7m - €40m TENOR: 2 - 5 Years

Target Geographies Europe

RETURN COMPONENTS: Interest (cash or PIK), fees, equity kicker or exit fees Target Sectors Agnostic (except biotech)

REPAYMENT: Structure tailored to borrower’s needs, incl. bullet, early repayment possible Investment Style N/A

KEY CONTACTS Deal Structures Flexible

Olya Klueppel Karim Askar Key Investment Criteria Proven commercialisation Partner Partner [email protected] [email protected] Website www.esocapital.com/

Natalia Nowak Contact Email [email protected] Managing Director

Contact Phone +41 44 200 3822 / +44 203 642 2600 [email protected]

INVESTOR BOOK 162 INVESTOR BOOK

BUYOUT

163 Bain Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms that creates lasting impact for investors, teams, Offices 14 offices worldwide 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 Active Markets Global class opportunities in strategic areas of focus. With offices on four continents, the global team aligns Bain Capital’s interests with those of the investors for lasting impact.

Founded 1984

Employees 900+

Current Fund Size More then $75bn

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

SurveyMonkey is the world’s leading online survey platfrom AUM More then $75bn

Target Investment Size N/A DocuSign is the global standard for Digital Transaction Management (DTM)

Target Geographies Globa 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 baincapitalventures.com/portfolio/ Investment Style N/A

KEY CONTACTS Deal Structures N/A Tobias Weidner Key Investment Criteria N/A Principal • Principal at Bain and Capital • Previously: Wittur Board Director, Minxli Board Director

Website baincapital.com

Contact Email N/A

Contact Phone N/A

WINVESTOR BOOK 164 Bregal Investments

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Bregal Investments is a global family of Private Equity and fund investment vehicles that has invested over €11 billion (US$12.5 billion) since 2002. Offices New York, Munich, Dallas, Jersey, Strassen, London Seeks to invest in private equity funds, distressed/opportunity, secondary funds, and selected co-investments.

Active Markets Europe, America and Asia

Founded 2002

Employees 11-50

Current Fund Size Varies across funds

SELECTED PORTFOLIO COMPANIES Use of Debt Varies across funds

Open Lending provides automated lending services to financial institutions. AUM €11bn Invested in 2016 through BregalSagemount

Target Investment Size Varies across funds Accela is a leading provider of civic engagement solutions for government agencies. Invested in 2013 trough Bregal Sagemount

Target Geographies Global Kunststoff Schwanden AG is a successful manufacturer of complex plastic parts and components used in packaging, household appliances and automotive applications. Invested trough Bregal Unternehmerkapital Target Sectors Agnostic

FULL PORTFOLIO www.bregal.com Investment Style Varies across funds

KEY CONTACTS Deal Structures Varies across funds

David Lisewski Businesses under €500m ($650m) in Key Investment Criteria enterprise value Principal • Director at Bregal Investments since 2015. Previously Vice President at GIC

Website www.bregal.com

Contact Email [email protected]

Contact Phone + 1 212 573 6235

INVESTOR BOOK 165 Capvis Equity Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Capvis Equity Partners AG is the exclusive advisor to the Capvis Funds and is domiciled in Baar, Switzerland, with a subsidiary in Frankfurt and Offices Baar, Frankfurt, Shanghai 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 1999 and founded the management company Capvis Equity Partners AG. Capvis is the successor organization of SBC Equity Partners. From 1995 Founded 1990 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 1990, Capvis has concluded 52 transactions with a total volume of more that EUR 5 billion. Current Fund Size €720m

SELECTED PORTFOLIO COMPANIES Use of Debt No 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 Service/Trading, Engineering, Consumer used in the areas of application Renewable Energy, Medical and Electronics. (Fund Capvis IV) 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

Justin Kent Dynamic entrepreneurialism focused Key Investment Criteria • Capvis Equity Partners: Investment Director - Consumer / TMT (since 2014) Hess on achieving ambitious targets Investment Director Natur-Textilien GmbH: Advisory Board Member (since 2014)

Website www.capvis.ch

Jens Abend Contact Email N/A • Senior Industry Advisor for PE, CEO LR HealthBeauty, Board Member Fielmann Consultant AG, Principal McKinsey Company Contact Phone +44 1534 780 789

INVESTOR BOOK 166 ENERN Investments

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Enern is a private equity and venture capital firm. We operate across Central and Eastern Europe since 2010, based in Prague and Warsaw with Offices Czech Republic, Poland, Germany funds under management in excess of 100 million EUR to date. Our primary focus is on renewable energy, internet, and options. Our energy portfolio contains wind park investments in Poland. Our internet portfolio contains e-commerce (Slevomat.cz, Rohlik.cz); marketplaces (Skrz.cz, Active Markets Czech Republic, Poland, Germany Damejidlo.cz); financial services (Twisto.cz) and SaaS tools (Roihunter.com)

Founded 2010

Employees 11-25

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Dame Jidlo, app that helps order food from local restaurants AUM N/A

Target Investment Size N/A DocPlanner, online healthcare platform enabling patients to find local physicians online and book appointments

Target Geographies Europe Flatio, online marketplace for month-long rentals to facilitate payments, virtual tours, messaging, and contract-sig- ning Target Sectors Energy, Internet

FULL PORTFOLIO www.enern.eu Investment Style N/A

KEY CONTACTS Deal Structures N/A

Energy: Clean energy, innovation Pavel Mucha Key Investment Criteria Internet: Transforming, high growth, • More than a decade active in Telecoms / Hi-Tech / Internet industries... in roles Partner industry challengers of executive manager, investor and management advisor

Website www.enern.eu

[email protected] Contact Email Tomas Obrtac [email protected] Portfolio Manager • Tomas started in Enern in 2013. Previously Analyst at Barclays capital

Contact Phone N/A

INVESTOR BOOK 167 EQT

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

EQT seeks high-quality, market-leading, medium-sized to large companies in Northern and Central Europe with significant value-creation oppor- Offices 14 countries over three continents tunities. Targeted companies should have the potential for value creation by investing in growth, in performance improvement, and e.g. active participation in industry consolidation through add-on acquisitions. The typical equity investment opportunity ranges between EUR 50 million Active Markets Global and EUR 600 million.

Founded 1994 (EQT Partners AB)

Employees ~490

EQT VII: €6.75bn, raised in 2015 Current Fund Size EQT MM Europe: €1.6bn, raised 2017 SELECTED PORTFOLIO COMPANIES Use of Debt Yes open systems - Largest pure-play Managed Security Services Providers (“MSSP”) in Europe

AUM ~ €36bn capital raised in 23 funds sportradar - Market leading provider of live sports information and services, operating at the interface between sports and entertainment sitecore - Leading global provider of Web Content Management software enabling customers to create, manage Target Investment Size €50m – €600m and personalize digital content based on consumer behavior gta - Leading global hotel B2B wholesale platform Target Geographies Europe kfzateile24 - Germany’s largest online retailer for automotive spare parts & accessories Software, Data Monetization, Cable / Fiber, Target Sectors Classifieds, Market Places, Online Retail transip - Largest independent domain name, hosting and Virtual Private Server (“VPS”) provider in the Benelux

Investment Style Buyout Investments FULL PORTFOLIO www.eqt.se/Portfolio-Companies/Current-Portfolio

KEY CONTACTS Deal Structures Control, Joint control

Growth opportunities, Dominik Stein • Joined EQT in September 2006 Key Investment Criteria leading market position, • Head of TMT Sector Partner performance improvement potential • Board member of Sportradar, Springer SBM, Bureau van Dijk, Sitecore, Kuoni [email protected] GTA Website www.eqt.se

[email protected] Contact Email Jens Zuber • Joined EQT in April 2011 [email protected] Director • Deputy Head of TMT Sector +49 89 25 54 99 36 • Investments: internetstores, kfzteile24, TransIP, Open Systems Contact Phone [email protected] +49 89 25 54 99 50

INVESTOR BOOK 168 General Atlantic

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General Offices New York, Munich, London Atlantic combines a collaborative global approach, sector-specific expertise, long-term investment horizon, and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. Active Markets Global Their three main differentiators are (i) the exclusive focus on growth investing, (ii) a patient capital base and (iii) a global, collaborative team con- sisting of investment professionals, our Resources Group and a Special Advisors network of current and former senior executives. Founded 1980 While most of our investments are minorities, General Atlantic is an active investor who steadily add 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 $10bn

SELECTED PORTFOLIO COMPANIES Use of Debt No

2B Lead Generation platform. The way to buy and sell complex products and services AUM $20bn

Target Investment Size $25m - $500m Long distance mobility operator that connects cities and towns throughout 20 European countries

Target Geographies Global (Through the acquisition of Yemeksepeti by Delivery Hero in May 2015) Global network of online and food ordering platforms, offering the most convenient and reliable way to order food from thousands of restaurants worldwide Target Sectors Technology, Technology-enabled services

FULL PORTFOLIO www.generalatlantic.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Flexible

Joern Nikolay Market position, management, market • Managing Director at General Atlantic since 2008. Key Investment Criteria dynamics, competitive advantage with Managing Director, Head of DACH • Previously, Associate at TA Associates intellectual property, barriers to entry • Companies: Axel Springer, FlixBus, Klarna, Käuferportal, Control Expert [email protected] Website www.generalatlantic.com/

Chris Caulkin Contact Email [email protected] • Principal at General Atlantic since 2011 Principal • Companies: Delivery Hero, Hemnet, Studio Moderna Contact Phone N/A [email protected]

INVESTOR BOOK 169 Hellman & Friedman Event Partners KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Hellman & Friedman LLC, founded in 1984, is a private equity investment firm well respected for its distinctive investment philosophy and Offices San Francisco, London, New York approach. Their offices are located in San Francisco, London, and New York. They raised our first institutional private equity fund in 1987. During the 25-year investing history, Hellman & Friedman has raised over $25 billion of committed capital and have invested in over 75 companies. Active Markets Global The team is currently investing our seventh fund, Hellman & Friedman Capital Partners VII, L.P. (HFCP VII), with over $8.9 billion of committed capital. The objective is to invest long-term equity capital to support the strategic and financial objectives of outstanding management teams operating Founded 1984 businesses with defensible positions in growing markets. Over the lifetime, they have distinguished ourselves as a flexible source of capital and a value-added partner. Their team consists of over 45 investment professionals, including 18 managing directors with an average tenure with the Employees 120 Firm of over ten years. This allows them to spend substantial time working with the companies in which they invest. Limited partner investors in their funds include many of the largest U.S. and international corporate pension funds, U.S. state pension funds, university endowments and foundations. Additionally, in HFCP VII, the General Partner is one of the largest limited partners. Current Fund Size $8.9bn

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Gruppo TeamSystem, an Italian provider of business management/ERP software and services AUM $25bn+

Target Investment Size $300m - $1bn Allfunds Bank S.A. offers intermediation and investment services to commercial banks

Target Geographies Global MultiPlan, Inc. operates regional preferred provider organization (PPO) networks that provide various healthcare cost management solutions Target Sectors Agnostic

FULL PORTFOLIO hf.com/portfolio/ Investment Style Active

KEY CONTACTS Deal Structures N/A

Outstanding management teams Key Investment Criteria operating businesses with defensible positions in growing markets

Website hf.com/

Contact Email [email protected]

Contact Phone +1 415-788-5111

INVESTOR BOOK 170 HgCapital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions. Deeply resourced sector teams Offices London, Munich focus on specific sub-sectors and investment themes to identify companies occupying an established position within a niche, and which have the potential to grow faster than their market, create employment and become the leader in their industry. HgCapital’s dedicated portfolio ma- Active Markets Europe nagement team provides practical support to management teams to help them realise their growth ambitions. HgCapital invests in expanding segments of the TMT (leading softare investor in Europe), Services, Industrials and Renewable Energy sectors across Western Europe. Based in London and Munich, HgCapital manages more than £5 billion for some of the world’s leading institutional and private investors. For further de- Founded 2000 tails, please see www.hgcapital.com.

Employees 120

HgCapital 8: £2.5bn Current Fund Size HgCapital Mercury 2: £575 m SELECTED PORTFOLIO COMPANIES Use of Debt N/A

Teufel, leading designer and online retailer of loudspeaker systems in Germany AUM £5bn

Target Investment Size N/A The Foundry, leading provider of award-winning creative software for the visual effects industry

Europe (Primarily: UK, Germany, Target Geographies France and the Nordic Region) Evaluate, trusted provider of mission-critical commercial information for complex business decisions to the phar- TMT, Services, Industrials and Renewable maceutical industry Target Sectors Energy

FULL PORTFOLIO www.hgcapital.com/our-portfolio/investments Investment Style Active

KEY CONTACTS Deal Structures N/A

Carlo Pohlhausen • Carlo is a member of HgCapital’s TMT team, based in the firm’s Munich office. Attractive growth sub-sectors and Key Investment Criteria He joined HgCapital in 2012 from McKinsey & Company, where he worked in business models Investment Executive the financial institutions sector and corporate finance practice. Before this, he founded the German internet startup frents.com Website www.hgcapital.com

• TStefan is a member of HgCapital’s TMT and Online team in Munich. He joined Stefan Margolis Contact Email [email protected] HgCapital at the beginning of 2013. Previously he spent three and a half years at Principal Private Equity firm Warburg Pincus where he was part of the Services and TMT +49 (0)89 255 49 55-0 Team. Stefan started his career at The Boston Consulting Group, where he was Contact Phone +44 (0)20 7089 7888 part of the Corporate Finance Task Force for three years. INVESTOR BOOK 171 KKR

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

New York, London, Menlo Park, Hong Kong, Tokyo, Global Presence: 22 offices in 16 countries and a unique network for global roll-outs. Offices São 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 with operational expertise. Active Markets Global Large portfolio: With 98 portfolio companies globally with more than 800,000 employees, KKR offers a unique roll-out opportunity to B2B com- panies. Highly Experienced in Partnership Transactions: BMG, Fotolia, Scout24 Schweiz, Ping Identity, and many others. Founded 1976 Deep Sector Knowledge: >50 TMT deals with aggregate deal value in excess of $100bn. Dedicated Growth Fund: Targeting tech-enabled growth investments ranging from $10m-$100m. 190 Investment Professionals Employees 50 Operational Professionals

Current Fund Size Europe III (€6bn size)

SELECTED PORTFOLIO COMPANIES Use of Debt Flexible

Leading provider of wireless audio and home theatre products for the connected home AUM $131bn globally

Growth Equity: $10m - $100m Community and e-commerce sites in the automotive, careers, home, shopping, and travel and leisure verticals Target Investment Size Private Equity: $100m - $2bn equity

Leading multi-vertical eRetailer focused on health & fitness, beauty & apparel Target Geographies Global

Media, Technology, Consumer, Retail, Provider of enterprise Identity and Access Management (IAM) software Target Sectors Energy, Financial Services, Healthcare, Infrastructure and others GROWTH PORTFOLIO Investment Style Active

Flexible deal structuring, including minority KEY CONTACTS Deal Structures positions or partnerships Best-in-class Mgt. team, operational & Key Investment Criteria technology excellence, growth potential, profitability or clear path to profitability

Website www.kkr.com

Contact Email N/A

Contact Phone N/A

INVESTOR BOOK 172 Macquarie Capital

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Sydney, New York, London, Macquarie Group Ltd. is a leading provider of banking, financial, advisory, investment and funds management services through its six core Offices San 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 services to corporate and government clients. In addition, Macquarie Capital deploys a principal / merchant banking strategy and invests Founded 2000 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

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Takeaway.com is an online food delivery marketplace AUM N/A

Target Investment Size $20m – $200m (as of March 2015) 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 Infrastructure, Utilities and Renewables, Real better Target Sectors Estate, TMT, Media, Entertainment & Tech, esources, Industrials,Financial Institutions FULL PORTFOLIO www.macquarie.com Investment Style Active & Passive

KEY CONTACTS Deal Structures Flexible, Common Equity, Preferred, Mezzanine

Market Leading, High Growth, Best-In- Elmar Broscheit Gokay Urenay Andre Augustin Key Investment Criteria Class, Management, Mature Companies, Senior Vice President Managing Director Senior Vice President Cash Flow Characteristics, Late Growth www.macquarie.com/us/about/company/ Website macquarie-capital

David Standen Stefan Feilhauser Constantine Manos Contact Email N/A Partner Vice President Senior Vice President

Contact Phone +1 (212) 231 0409

INVESTOR BOOK 173 Senior Vice President Maryland

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Maryland GmbH is the direct investment division of Mayfair SE, the private family office of Günter and Daniela Herz, former owners of the Tchibo Offices Hamburg Group. Maryland aims to establish a portfolio of long-term direct investments. The focus is on companies with a strong business model and long-term growth prospects preferably in branded consumer & retail, online/digital media, or the services sector. Transaction structures may Active Markets Europe, Americas range from minority to majority holdings, private or public companies, typically on an all-equity basis.

Founded 2004

Employees 7 (of which 7 in Europe)

Current Fund Size Not disclosed

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Global leader in Testing, Inspection & Certification (ship classification, oil & gas, energy and business assurance/ISO AUM Not disclosed certification). #3 global TIC services company, €2.5bn revenues, 13,500 employees

Target Investment Size €100m - €1bn Innovative, Italian fast-casual restaurant concept. 180 restaurants in 32 countries worldwide (€0.5bn system-wide revenues). Mayfair acquired 44% holding in 2011

Target Geographies Europe, Americas #3 global sporting goods brand leading in the sport lifestyle segment. Mayfair acquired 27% holding in 2005; sold Consumer & Retail, Online, Media, to PPR in 2007 Target Sectors Business Services

FULL PORTFOLIO N/A Investment Style Active

KEY CONTACTS Deal Structures Control, joint control, minority, etc.

Sustainable long-term growth Hinrich Stahl Key Investment Criteria prospects, Unique proprietary assets, • Responsible for Mayfair’s direct investments since 2004. Previously Apax Part- Managing Director International/global business model ners and McKinsey & Co. MBA INSEAD (Fontainebleau) [email protected] Website N/A

Helge Lützen Contact Email [email protected] Director • Joined Maryland in 2008. Previously Citigroup Global Markets.

Contact Phone +49 (0) 40 320 878 0 [email protected]

INVESTOR BOOK 174 Mid Europa Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Mid Europa Partners is a leading independent private equity firm focused on the growth markets of Central and South Eastern Europe. Operating Offices London, Warsaw, Budapest, Istanbul from London, Budapest, Warsaw and Istanbul, Mid Europa Partners has raised and managed funds of approximately €4.6bn. With pan-regional approach, Mid Europa Partners acquires market leading companies, principally in domestic-focused growth industries, and since inception in Czech Republic, Estonia, Latvia, Lithuania, Po- Active Markets 1999, has completed 35 investments across 18 countries in the region. Mid Europa predominantly takes controlling stakes, alone or together land, Turkey with co-investors (usually its own limited partners), in market leading companies with high barriers to entry and strong management teams. They typically invest in companies with enterprise values of €100-500m. They have a history of completing larger transactions through co-investments, Founded 1999 and will also consider smaller investments as part of a buy and build strategy.

Employees 26 - 50 (of which 40 in Europe)

Current Fund Size €800m

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Allegro is the leading online marketplace and non-food shopping website in Poland AUM N/A

Target Investment Size €75m - €250m

Czech Republic, Estonia, Latvia, Lithuania, Target Geographies Poland, Turkey

Retail, E-Commerce Technology, Marketpla- Target Sectors ces, Media, Travel & Transportation, Health

FULL PORTFOLIO Investment Style Active mideuropa.com/investments/portfolio/current-investments

KEY CONTACTS Deal Structures Flexible

Market leading companies with high Paweł Padusiński • Paweł is a Partner at Mid Europa and co-head of Warsaw office Key Investment Criteria barriers to entry and strong manage- • Most recently, he led the investment into Allegro, the largest e-commerce in Po- Partner ment teams land. Also, he was involved in healthcare (Luxmed, Diagnostyka, Alpha Medical), [email protected] retail (Żabka), manufacturing (Norican), and telecomunication (Bite) deals Website mideuropa.com

Contact Email [email protected]

Contact Phone N/A

INVESTOR BOOK 175 Riverside (The Riverside Company)

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Cleveland, London, Brussels, Munich, Madrid, The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up Offices Stockholm to $400 million. Since its founding in 1988, Riverside has invested in more than 470 transactions. The firm’s international portfolio includes more DACH, UK, Czech Republic, Denmark, Finland, than 80 companies. The Riverside Europe Fund (REF) was founded in 1997 and invests in Europe-based companies with generally less than €25m Active Markets France, Ireland, Italy, Netherlands, Norway, in LTM EBITDA. REF tries to invest at least €20m of equity over the lifetime of its investment to support the further international growth or support Poland, Portugal, Spain, Sweden all other required initiatives to accelerate growth.

Founded 1988

Employees 100 -1,000 (of which 46 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Bike24 (, Germany ) is a provider of bicycle components and related equipment AUM $6.1bn

Target Investment Size $1m - $400m Guestline (Shrewsbury, UK) is a provider of software for the hospitality sector DACH, UK, Czech Republic, Denmark, Target Geographies Finland, France, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Swedenw Mintra Trainingportal (Oslo, Norway) is a provider of e-learning training to oil and gas companies Business Services, Consumer Brands, Educa- Target Sectors tion, Franchisors, Healthcare, Software & IT, Specialty Manufacturing & Distribution FULL PORTFOLIO www.riversidecompany.com/portfolio Investment Style Active

KEY CONTACTS Deal Structures Majority, Minority, Flexible, Control Jonathan Drillings • Entire career working in enterprise software start-ups Profitable companies with growth Principal • Previously: Principal at Comcast Ventures Key Investment Criteria potential [email protected] • B.S.E. in Biomedical Engineering

Patrick Schaich • Previously: M&A Advisory at Berenberg Bank, Kepler Capital Markets and Ernst Website www.riversidecompany.com Principal, Origination - DACH & Young [email protected] • MSc in International Finance from the European School of Finance Contact Email [email protected] Jim Toth • Jim has been investing in growth-stage enterprise software businesses for more Managing Partner than 10 years Contact Phone +46 8 545 03030 [email protected] • Previously: Founded a fund that invested in B2B software companies

INVESTOR BOOK 176 Silver Lake Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Silver Lake is the global leader in technology investing, with about $39 billion in combined assets under management and committed capital and Offices Menlo Park, New York, London, Hong Kong, Tokyo a team of approximately 100 investment and value creation professionals located around the world. Dedicated to the thesis that the dynamism and rapid pace of innovation in global technology demand intensely focused domain expertise, Silver Lake differentiates itself from generalist Active Markets US, Europe, Hong Kong, Japan investment firms by devoting its full scope of talent and intellectual capital to the singular mission of investing in the world’s leading technology companies and tech-enabled businesses. Applying the strategic insights of an experienced industry participant, the operating skill of a world-class management team, and the investing capabilities of a leading private equity firm, Silver Lake leverages the deep knowledge and expertise of a Founded 1999 global team based in Silicon Valley, New York, London, Hong Kong, and Tokyo.

Employees 130 (of which 16 in Europe)

Current Fund Size N/A

SELECTED PORTFOLIO COMPANIES Use of Debt Yes

Didi Chuxing is a mobile transportation platform, offering a full range of commuting options to 400 cities in China AUM $39bn

Target Investment Size Large Caps Koubei.com is a life search engine providing living consumption information, restaurant, house renting and buying, travelling, and more

Target Geographies Global

FlixBus is a long distance mobility operator that connects cities and towns throughout 20 European countries Technology, Tech-enabled and related Target Sectors growth industries

FULL PORTFOLIO www.silverlake.com/portfolio/index/CurrentInvestments/ Investment Style N/A

KEY CONTACTS Deal Structures Minority, Majority

Ulf Pagenkopf • Ulf Pagenkopf joined Silver Lake in 2012 as an Associate World’s leading technology large caps Key Investment Criteria • Previously: M&A and Leverage Finance at Deutsche Bank and tech-enabled businesses Principal • Mr. Pagenkopf graduated from the European Business School Oestrich-Winkel (Germany) in General Management Website www.silverlake.com/

Contact Email N/A • w

Contact Phone +44 20 3205 8400

INVESTOR BOOK 177 Summit Partners

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Summit Partners is a leading global growth equity firm. They work with owners and management teams to maximize the long-term value of their Offices London, Boston, Menlo Park companies. Since their inception in 1984, Summit has raised over $18bn of capital on behalf of a prestigious group of institutional investors. They have invested in more than 440 companies in technology, healthcare and other growth sectors. These companies have completed more than 140 Active Markets Global public offerings, and in excess of 170 have been acquired through strategic mergers and sales. Summit opened its European office in 2001 and has since invested more than €1.5bn in capital across 12 European countries.

Founded 1984

Employees 85 (of which 18 in Europe)

Current Fund Size €1bn 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 helps large enterprises and governments detect advanced threats and anomalous behavior within their networks. AUM $18bn Largest online private sales platform in Europe with over €2bn in sales

Target Investment Size $10m - $150m Provider of enterprise SaaS marketing information systems

Target Geographies Global Freemium antivirus protecting more than 180m computers and mobile devices globally

Provider of SaaS-based business process analysis and decision management software that helps businesses Technology, Internet, Enterprise Software, Target Sectors Mobile, Telecommunications efficiently design, implement, analyse and manage complex processes, decisions and workflows

Active Investment Style FULL PORTFOLIO www.summitpartners.com/companies (with on demand operational resources) KEY CONTACTS Deal Structures Flexible

Steffan Peyer • Steffan first joined Summit Partners as an Associate in 2007. Today, he focuses Key Investment Criteria Growth and capital efficiency on the technology sector in Europe 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 Dunlop • Shaun focuses primarily on the technology sector in Europe Contact Email [email protected] Investment Professional • Prior to Summit, Shaun worked for Goldman Sachs in London, where he was a member of the TMT & Industrials M&A team and subsequently the Contact Phone +44 (0)20 7659 7528 Fundamental Strategies Group, covering primarily TMT as a trading desk analyst

INVESTOR BOOK 178 Warburg Pincus

KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION

Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $40 billion in assets Offices 12 offices worldwide under management, the active portfolio of more than 120 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, Warburg Pincus helps build durable companies with sustainable value. The firm has raised 15 private Active Markets Global equity funds, which have invested more than $60 billion in over 780 companies in more than 40 countries

Founded 1966

Employees N/A

Current Fund Size $13.4bn

SELECTED PORTFOLIO COMPANIES Use of Debt N/A

European provider of Predictive Applications, enabling clients to make better business decisions by leveraging AUM $40bn insights from “big data” and innovative technologies such as predictive modelling and machine-learning

Leading on-demand mobile platform and application services that provides an extensive range of services by Target Investment Size $40m - $1bn connecting its millions of customers to 200k+ of motorcycle and car driver partners, 35k+ food merchants and 3k+ service providers Target Geographies Global Provider of cloud-based predictive analytics aimed at improving student success and persistence in higher Energy, Financial Services, Healthcare, education Target Sectors Consumer, Industrial, Business Services, TMT FULL PORTFOLIO www.warburgpincus.com/investments Investment Style N/A

KEY CONTACTS Deal Structures Minority, Majority • Cezary Pietrasik is based in London, joined Warburg Pincus in 2010 and leads Cezary Pietrasik the activities across Central and Eastern Europe Key Investment Criteria N/A Principal • Previously: Mid Europa Partners, Associate Director (September 2006 – May 2010), JPMorgan, Analyst (August 2004 – August 2006), McKinsey & Company, Website www.warburgpincus.com Business Analyst (2004 – 2004)

Issam Abedin Contact Email N/A Private Equity Associate • Private Equity Associate at Warburg Pincus LLC (Jul 2015 – Present) • Previously: European FIG M&A at J.P. Morgan (Aug 2011 – May 2015) Contact Phone +44 20 7306 0377

INVESTOR BOOK 179 ®

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