Assurant Ventures

We back exceptional entrepreneurs setting new benchmarks in quality, technology and sustainability. Since 2016 we’ve been passionate about driving industry change. Our team backs purpose-driven founders who share our mission across seven high-impact strategic verticals. We invest early across the world – Seed to Series B. As a specialist co-investor we do not lead rounds, but when we do invest we seek to over-index on the value we create. DRIVEN BY DISRUPTION: We are the venture capital arm of JLR, a key component of JLR’s open innovation programme, focussed on investments in startups that will be critical to accelerating the Reimagine strategy. An investment from InMotion Ventures is a step towards partnering with one of the world’s most innovative OEMs. Our capital comes with access to a rich ecosystem of innovators with sustainability at its centre, working together to co-create the world’s most desirable luxury vehicles and services for the most discerning of customers ELEVATING CATEGORY LEADERS: We believe top-tier strategic investors have the power to supercharge portfolio growth: leveraging corporate ambition to give startups a tangible competitive edge. We’re clear on how we make a difference to the businesses we back. A unique combination of capital, partnership opportunities, domain expertise and exposure to the wider Tata group. We’re committed to the success of all our partners, and only invest where we know we’ll have impact.

We partner with entrepreneurs as a lead or co-investor to help them build the technology that is driving the future of the automotive sector. Bringing our nearly 100 years of global automotive experience to bear for our portfolio companies, our investment strategy is built around being strategic, supportive, and patient. If the technology you’re building is auto-related, it’s likely that we have either direct experience or partners in the space. For our portfolio companies, we invest not only our dollars, but provide access to our experience, data, network, and resources. We want to be a long-term partner to the companies we invest in, and we’re not bound to a fixed timeline to harvest our investments. That means we can help you drive your innovation at the right speed with the confidence that we’re in it for the long-haul. What kind of companies does Holman Growth Ventures invest in? We invest in early stage companies (seed – Series B) in the automotive retail, fleet and mobility, and manufacturing and distribution ecosystems. What is Holman Growth Ventures investment philosophy? Our investment strategy is built around being strategic, supportive, and patient. We bring our nearly 100 years of global automotive experience to bear for our portfolio companies, and offer not only our investment dollars, but also our experience, data, network, and resources. And, because we’re not bound to a fixed timeline to harvest our investment, we allow our portfolio companies to develop at the right speed with the backing of a long-term partner. What benefits does Holman Growth Ventures provide its portfolio companies? If the technology you’re building is auto-related, it’s likely that Holman has either direct experience or partners in the space. For Holman Growth Ventures portfolio companies, we invest not only our dollars, but provide access to our experience, data, network, and resources. And, because we’re not bound to a fixed timeline to harvest our investment, our portfolio companies can grow at the speed that’s right for them.

Along with utilising the vast infrastructure and business resources of LOTTE Group, we leverage our expertise, experience and network to navigate the entrepreneurial journey of our portfolio companies. Our Values The foundation of our organization, shaping every decision we make and every investment we pursue. We are committed to upholding the highest standards of integrity, dedication, and agility. Integrity: We believe in conducting business with honesty, transparency, and respect for all parties. Our commitment extends to every aspect of work, from due diligence to portfolio management. Dedication: Using all our resources, we fully focus on assisting our portfolio companies to realize their full potential. We take pride in being part of their journey to success. Agility: Our team is highly responsive and adaptable, and we work closely with portfolio companies to ensure they have the support they need to succeed in rapidly changing market. What We Look ForGame changers with groundbreaking technologies Challengers engineering their business in the highly growing markets Open innovators creating values with social responsibilities Business models that can create synergies with LOTTE Group

Porsche Ventures engages with top entrepreneurs across the globe through our offices in Europe, Silicon Valley, Israel and China. We partner and invest in companies from early stage through growth, helping our founders accelerate by identifying and executing on relevant opportunities. Our portfolio companies enjoy access to our network and historical industry expertise through valuable collaboration opportunities across the Porsche ecosystem.

We invest across mobility Connectivity, Cybersecurity & Compliance: Vehicles are creating more data than ever, which is both opportunity and threat. Autonomy, Robotics & AI: Artificial intelligence (AI) & robotics have the potential to usher in a new wave of safety and productivity. Shared Assets, Subscription & Convenience Economy: New generations of consumer may be willingly to trade price for convenience and be open to new ownership models. Decarbonization & New Energy Sources: The world is moving to reduce our carbon footprint and new energy sources are a key piece of the puzzle. What makes us differentIndustry Expertise: We have a strong thesis for how the future will unfold. Our guidance and market perspective gives founders access to “smart money.” We work hard to help our companies move up the maturity curve and stay out of trouble. Robust Network: Our network is second to none. Our industry reputation and reach gives founders credibility and distribution with potential early customers and partners. Our connections with co-investors helps founders raise and close subsequent rounds. Founder Empathy: Being a founder is hard and can often be thankless. Entrepreneurs experience crazy highs and terrible lows. One of our key roles is to be there for our founding teams. In good times and in bad. As a steadfast rock they can lean on.

As a strategic investor, we leverage our expertise in the exterior and interior of the car as well as in drive systems and electronics. We are looking for partners with excellent technological capabilities in our domains and adjacent fields: Exterior: Connected vehicle access systems and competencies for complete door systems Interior: Solutions for seat structures and complete seats Drives: Electric drives and thermal management systems Micromobility: E-Bikes and E-Scooters Automotive software, sensors and electronic control units New materials and sustainability Smart product development and production technologies