Dardania Capital

We invest in control and non-control situations across a range of transaction types, including growth equity, low leverage buyout, and structured equity or debt investments. We work in partnership with management and existing shareholders to develop an investment structure to best position the company for growth, value creation, and the alignment of collective interests. We structure our investments to match companies’ strategic priorities, and we work with management teams to develop long-term strategic roadmaps that will help unlock value. We like to invest in companies undergoing business transformation or experiencing structural and capital impediments that we can help solve. Our creative and flexible capital can provide financing solutions to companies that may be non-conforming for traditional venture capital, private equity, or venture debt investors. We are patient investors focused on long-term value creation and look for opportunities that leverage our strengths: creative and flexible financial expertise, a deep understanding of technology, and extensive operating experience.

Marondo was founded by three experienced partners and has been operational since 2019. Their skills from equity financing and corporate management complement each other in a value-adding way. Combined more than 75 years of investment experience 90 companies backed Several hundreds of transactions Total return in excess of 1 bn. Euro Successful projects in Germany, Austria, Switzerland, UK, Benelux & the US Providing Equity to exceptional Technology Growth CompaniesMarondo is run by one of the most experienced teams in the market We are providing equity solutions, not only capital Our motivation is to generate superior returns for all stakeholders Having been CEOs we focus on being sparring partners for growth, not financial engineers We aspire to create lighthouse deals with a global footprint We back hidden champions Our focus is on projects meeting the following criteria. Company & Business ModelRevenue in excess of €5 million High gross margins Revenue CAGR double-digit (past & future) Scalable business model, ideally with a recurring component Working technology with sustainable USPs, ideally backed by IP Proven products, attractive customer base Operating in a dynamic, growing market environment Entrepreneurs & ManagementFirst-rate entrepreneurs with a proven track record Team of outstanding managers Businesses with a good teamwork culture Clear vision & an executable plan Ambition to become a market-leader within 5 years Teams open to engage actively with a financial sponsor

We are hands-on investors, taking operational responsibility wherever needed and work closely with our portfolio companies to ensure their success. Our vision is to create lasting and impactful change, not only in the companies we invest in, but in the communities they serve. Join us in shaping the future of technology and business in Central Europe. A distinctive approach. Founded by seasoned entrepreneurs, Sparring Capital Partners has gathered a group of family offices and industry professionals in Central Europe to support private businesses in need of capital and complementary expertise. We back established companies with ambitious growth trajectories that employ transformative technologies as part of their business activities or need such technologies to maintain their competitive advantage. A distinctive approach. With supply chains still largely disrupted after the pandemic, high levels of inflation, increasing interest rates and cautious banks, we see vast potential for private equity to support companies in pursuing their growth trajectories. We firmly believe, however, that the current market conditions require a non-traditional investment approach. We see ourselves as sparring partners to both, entrepreneurs, and investors, always taking operational responsibility in our investment projects. Furthermore, we strive to align business backgrounds of our investors with the specific needs of the portfolio companies. Investment approach. Entrepreneurial Investing. Hands-On. At Eyelevel. We are active investors that like to engage on operational level. We see ourselves as well as our investors as active sparring partners for the management teams of our portfolio companies. Our investment focus comprises the following criteria Revenue: 3-30M. € Growth Potential: >20% P.A. Transaction Types: Growth, Buy-and-Builds, Recapitalizations Technological aspects: Businesses that employ transformative technologies as part of their USP or are in need of such technology to gain competitive advantage Our Culture Culture is important. We love to work as a team and value analytical rigor, passion, and integrity. In all our work you will find the effects of these core beliefs: Integrity: The news we share with you may not always be good, but you can always be sure to hear the full story. We are committed to transparency, good governance and full alignment of interest. Careers are long and reputation is built over decades. Collaboration: We see all the people we work with as sparring partners and want to create an ecosystem that allows for joint growth and development. We like to have “all-hands-on-deck” and every team member has a voice. We appreciate the opinion of a young team member as much as the one of senior management. Passion: We love what we do and we are grateful to be working with passionate and highly skilled people, visionary entrepreneurs and professional investors. Life is too short to work with jerks. We work with good people to build great businesses – it’s as simple as that.

As seasoned technology founders, operators, and investors, building and scaling great companies is in our DNA. We understand first hand that the journey of building enduring companies of scale requires tremendous resilience, key relationships, operational support, and trusted advice. Engagement Company building is not a spectator sport. We take pride that we are known as active, impactful partners. We have assembled a dedicated team of investment and operating professionals to advise and work alongside our companies. Think of us as both coach and teammate. Expertise The road a company takes in its development is never predictable or easy to navigate. Each phase of growth is characterized by different needs and opportunities. With our extensive operating backgrounds, we help companies anticipate blind spots and find solutions to get past roadblocks. Access To succeed, businesses require access to key relationships at every stage along the way. We offer a vast and high caliber network of relationships that we have cultivated over time. We leverage these industry advisors, domain experts, technology leaders, and other partners to unlock opportunities and open doors for our companies. We know it takes a village. Insight Through our multi-stage investing and deep research into both the private and public markets, we are able to offer valuable insights that we can put to work for the benefit of our portfolio companies. We are always questioning our assumptions, seeking out new data, and refining our approach. Enrichment Our entrepreneurs are motivated, brilliant leaders with growth-oriented mindsets. We support their growth and development by hosting regular community events, networking, and learning opportunities to advance their knowledge and skillsets. Knowledge Capital Cota Knowledge Capital is a combination of deep strategic, operational, organizational, and financial expertise, impactful and data-driven market insights and intelligence, supplemented by a vast industry network that helps Cota’s portfolio teams create value and build timeless companies. Cota Knowledge Capital encompasses Cota Advisory, Cota University, and Cota Research. Cota Advisory partners with our portfolio companies along their journeys, offering deep working sessions on the strategy, operational plan, financial plan, and investment plan. Cota University offers portfolio teams a curriculum focused on foundational skills critical to building successful companies. Cota Research plays a key role in both our investment selection process and the success of our portfolio companies, offering competitive intelligence and thematic development. ValuesIntegrity: We adhere to the highest ethical standards across all of our actions and decisions, and we focus on delivering on our commitments to each other, to our investors, and to our companies. Resilience: We appreciate the long and difficult journey of building and growing companies. The entrepreneur’s journey is not an easy one and a high level of resilience is needed to face the many challenges along the way. We question the status quo, embrace innovation and change, focus on solving problems, and do what is right rather than what is easy. Service: We embrace opportunities that deliver a positive impact to our people, our companies, our communities, and our investors. Empathy: We operate with empathy and focus on being reliable, responsive, and helpful in all that we do. We share our expertise and resources, and provide support and encouragement across our interactions. Diversity: We embrace the diversity across our team, our companies, and our communities. We focus on operating with an inclusive mindset that embraces diverse points of view and operates with professional respect. Fiduciary: We serve as fiduciaries and adhere to the highest ethical principles. We set a high standard of excellence and integrity and hold ourselves accountable for our actions and decisions. We apply intellectual and operational rigor to what we do and strive to create repeatable successes and repeatable risk management.

As capital becomes a commodity with more early-stage investors flocking to Africa, what will make us stand out will be our networks, relationships, and reputations. What we look forLarge Markets: A clear market opportunity that is massive and growing, captured through a scalable business model. We aim at reaching sustainable impact across a large audience by addressing deep markets, or investing in market-creating innovations. Scalable Economics: Tech-enabled businesses with proven, highly leverageable and defensible revenues, coupled with the ability to improve unit economics through cost and capital efficiency are able to achieve top-trend growth more easily than less efficient business structures. We are disciplined in ensuring the unit economics of the business we invest in are sustainable and attractive. Strong Agile Teams: We are looking for founders that combine strategic vision and executional capacity. Strong teams tend to be bound by a cohesive, inclusive, all-hands-on deck culture. We are seeking founders and teams guided by a clear value proposition and differentiated position in the market. Repeatable Growth: Solutions with highly replicable growth models and transferable problem-solution sets can most benefit from our growth investment and market expansion facilitation. As African markets are not uniform, we carefully model and test solution-market fit. How much funding will you get? If you are an African founder of a tech enabled startup that is solving a significant African development challenge please apply here. If you have little or no revenues, we will refer you to our Angel Fund for $10k to $100k funding consideration. If you have meaningful revenues with high growth potential, we may invest $50k-$250k.

Desjardins Capital contributes to the sustainable prosperity of people and their communities by investing in the growth and long-term success of local businesses. What sets us apart Our commitment to support and advise you at key moments in your growth. We give businesses like yours the tools they need for their development and long-term success. Desjardins Capital is a patient, agile, people-oriented investor that embodies Desjardins's core values. Our strengths, your successPatience: Desjardins Capital is a patient investor that understands the ups and downs your business faces so you can move at your own pace. Strategic guidance: Our teams share your in-depth understanding of the local economic context. Your objectives are their objectives. Agility: Our agile approach allows you to focus on your business operations. Vision: We pride ourselves on being proactive in anticipating your future needs.