Climate Tech Partners

National Grid created NGP to ‘disrupt itself’ and advance the energy systems of tomorrow. This includes investing in seed-stage and mature startups at the intersection of energy and emerging tech; innovating new businesses from scratch; and infusing an entrepreneurial culture into National Grid. NGP is dedicated to creating a smarter, renewable future. NGP focuses broadly on helping National Grid perform our core operations better and playing a central role in the global transformation of energy. AI & Analytics, Cloud, IoT, Smart Grid, and Security are all of interest to us. But we also love ideas that don’t fit any existing category. With a $400 million investment allocation, our portfolio already includes 37 startups, and more than 50% of the time we’ve been the lead investor in these deals. We invest in the potential of energy. We are the venture investment and innovation arm of National Grid plc., one of the largest investor-owned energy companies in the world. 400M Investment Allocation (in USD) 44 Investments 50% Lead Investor In New Deals 6 Exits 80% of portfolio companies have strategic engagements with National Grid 230+ Startup Technologies Introduced to National Grid 16 Innovation Projects Completed We focus on Decarbonization, Decentralization and Digitalization of the energy industry, investing in four categories: Customer-focused solutions Modern assets & operations Smart enterprise Utility of the future

MUUS Climate Partners is the venture capital arm of MUUS & Co, and has been investing at the convergence of climate solutions and high-tech applications for 6 years, with team members bringing decades of relevant entrepreneurial and sector experience. Fund I investments apply technologies such as AI, robotics, nanotechnology, and computational fluid dynamics to decarbonize energy, transportation, industry, buildings, and agriculture. MUUS Climate Partners has backed 26 companies to date, and is currently in the process of raising Fund II. The team today consists of nine members, five of whom are full-time investment and operational staff, and four of whom serve as advisors, Investment Committee Members, and support staff. MUUS & Co, the parent company of MUUS Climate Partners, is a values-driven, privately held, entrepreneurial investment company founded by serial entrepreneur Michael Sonnenfeldt. Michael’s experience includes leading the largest commercial redevelopment in the country, founding the real estate investment group EMMES, chairing the public solar company Carmanah Technologies, and founding the high-net-worth peer network Tiger 21.

With each investment we consider the lasting impact on future generations. Our primary focus is on supporting growth companies. Building stronger and more sustainable companies in order to accelerate positive change, our mission is making impact mainstream. Vision on impact At SevenGen, we believe that a sustainable world can be achieved through individual choices. Your choices of today conduct the impact for generations to come. As meaningful impact is driven by innovative companies that offer sustainable solutions to a wide audience, we focus our investments on sectors with the highest positive impact on climate. To achieve this synergy, we rely on our extensive experience and network. Our managing partners have consistently delivered both impact and strong financial returns since 2015. Identifying and supporting impactful opportunities, SevenGen builds upon a rigorous investment approach and solid knowledge of the field, to accelerate positive change through growth capital. Vision on investing SevenGen prioritizes companies with strong management, clear risk profiles, solid governance, high impact potential and a commitment to setting the new standard to their industries. Within our field, we target companies with the ability to be price competitive in order to reach a wider audience and make their products mainstream. How we create value in our portfolio? Through strategic planning for growth and strengthening of teams using our ambassador network. We offer disciplined financial management and pursue international opportunities. Our commitment to transparency and accountability ensures we closely monitor and adapt to financial, impact, and operational metrics, driving long-term success for our investments. Team Allow us to introduce our dedicated and dynamic team: Frederik Deutman, Pieter Smit, and Rass Butt, all armed with extensive expertise in driving positive change through climate impact investments. Core to our success are our joint values of ambition and reliability, connecting to whom we work with and for, thinking beyond generations and adding a bit of fun into each endeavor. Join us on our exciting journey towards impactful and profitable investments.

We build Risk Aligned, Investable Corporate Ventures. 5+ Locations: A global team of professional entrepreneurs at your service across EMEA and APAC. Founded in 2020: By 4 serial entrepreneurs after founding 40 companies of their own (including 2 unicorns!) 20+ Ventures: From logistics to climate tech, we’ve build ventures with our partners across a variety of industries. 60M+ Funds Raised, USD: We arrange Series A fundraising for all Build Phase ventures, leveraging our VC and investor networks. What sets us apart.Execution Forward. We deliver ventures, not slides. We measure our success through real market interactions, prototypes, code base, and revenues. Joint Venture Partners. Our upside is in the value of the equity in the venture we build together. We succeed only when the venture is successful - just like our corporate partner. Commercial x Product x Governance. A tech start-up can only succeed with a scalable product that solves a real customer problem. That’s why we create teams that have both product and business expertise right from the start. In addition, we find that to make an investible venture governance is also paramount. We work with the corporate on governance elements. Ambidextrous. We speak the language of enterprises, understand their strategies and their stakeholders. We survived as entrepreneurs, multiple times over. We have the grit and the mindset, we thrive in ambiguity. Optionality. We understand that creating a new venture is fraught with uncertainty and we work with the corporate to retain optionality across the various stages of the process. Capital Efficiency. The cost to build a venture should not be different for a corporate than for independent founders. With our process, corporates are sure every dollar of investment into the venture is spent on increasing the value of the start-up. We focus on building investable ventures. Our tried-and-proven method gets corporate ventures over obstacles and off the ground by leveraging corporate assets and expertise with a founder’s mindset. From identifying the venture where you have a serious competitive advantage to raising an external Series A, our 18-month track covers all the elements necessary to create a successful corporate venture, including establishing a dedicated founding team, creating the product, mapping the commercial planning, and devising the governance model.

We’ve written a new venture capital playbook – a global platform that unifies tech investment across continents, investors, entrepreneurs and leading corporations to accelerate innovative startups even further and stronger onto the global stage. As a multistage fund with offices across San Francisco, New York, Paris, Shanghai, Beijing and Singapore, we invest in startups positively impacting the world through technology. Investing globally We invest in startups at the center of the digital revolution across North America, Latin America, Europe, Asia and Africa. We work with visionary and mission driven teams to help them grow and lead markets. We back startups at the inflection point of growth, with revenues between $5M to $20M, that will benefit from guidance on refining the company, maximizing performance and creating long lasting value. Our initial check sizes range from $5M to $40M. We can lead or follow, and keep reserves for follow-on investments. We leverage the larger social evolutions at play, taking into account a startup’s contribution towards sustainability, analyzing the global competitive landscape, and integrating the insights of our Fortune 500 ecosystem. Investing for good We built our strategy around the idea that the future of venture capital, startups, incumbent companies, and innovating for good - is converging. A startup’s contribution to sustainability is a critical component to our investment philosophy, taking into account various issues such as economic growth, social interests and safeguarding the planet. Our values ONE TEAM FOR ONE WORLD As one global team from various backgrounds and cultures, we strongly believe that sharing diverse perspectives and knowledge significantly benefits everyone. ADD VALUE BY BEING USEFUL We believe our vision of a collaborative ecosystem, with global reach and local expertise, is best achieved by building trust between different stakeholders and constantly being useful to our partners in achieving their goals. SAY WHAT YOU DO AND DO WHAT YOU SAY We firmly believe in sincerity, transparency and being the kind of partner who always gives it straight and delivers on their commitments. FOR PASSIONATE ENTREPRENEURS We want to empower passionate entrepreneurs who can demonstrate that they have the determination and clarity in purpose to turn visions into reality. FOR THE DETERMINED AND COURAGEOUS Startup success requires a high personal price and we believe in standing by our entrepreneurs to help, both in good and challenging times. CHANGE THE WORLD FOR THE BETTER We are proud to work with those who share our vision and commitment to sustainability and are positively impacting the world through technology. How we started Cathay Innovation is a global venture capital partnership, created in affiliation with Cathay Capital. Our story began in 2015 when Cathay Capital Founder and serial entrepreneur Mingpo Cai met Denis Barrier, a French venture capitalist and innovator in his field. Together, they infused the Cathay Capital platform with venture capital.