Evergryn Ventures

SCOR Ventures is the venture investment arm of SCOR Reinsurance, responsible for both investing in and creating partnerships with startups across the insurtech landscape. Since 2017 we have built a global portfolio across three theses: (1) investing in tech-driven underwriting companies (MGAs, carriers) and distributors, (2) software solutions that benefit SCOR and/or our clients, and (3) companies that help people live healthier lives. Our investment scope includes both investments and commercial (re)insurance relationships with startups. We predominantly invest at late Seed / Series A and are interested in a broad range of B2B and B2B2C solutions across MedTech, wellness, wearables, data platforms, and software / AI platforms. What we’re looking for We invest across three thesis areas: Thesis 1: we invest and partner in the ‘Insurers of the Future’: tech-driven underwriting companies (MGAs, carriers) that offer multiple points of digital and business model differentiation across P&C and L&H. We provide direct access to SCOR expertise and our global network to help portfolio companies scale and/or access (re)insurance capacity. With a proven track record of supporting innovative underwriting propositions across multiple lines of business, we understand product development, program structuring, underwriting, pricing and distribution and thus have the capabilities to optimise partnerships between insurtechs and business partners. We predominantly invest at late Seed / Series A. We are class of business agnostic and have partnered with companies across a broad variety of personal and specialty lines. Thesis 2: we invest and partner in software solutions that benefit SCOR and/or our clients. We provide a broad understanding of the interests and pain points of insurers across the world, and the potential to connect companies with insurers through SCOR’s client services initiatives. We predominantly invest later stage vs. Thesis 1 (typically Series A-B) but have occasional appetite for Seed. We prioritise companies: developing data, tools, and methods for obtaining, understanding, pricing and transferring large portfolios of pre-aggregated risks, high-value individual risks such as energy facilities and construction mega-projects, and MGA/coverholder business delivering economically valuable additional services offering a visible outcome which can be used to boost client management or reduce risks. Focus areas include front-end (e.g., underwriting & pricing) policy administration, modelling, risk analytics, and claims developing platforms where insurance has not previously been embedded / distributed, but where SCOR Ventures sees substantial opportunities to close the global protection gap – e.g., marketplaces, “super apps”, b2b fintech, employee benefits working to solve climate and ESG challenges to support the net zero transition and cut emissions for SCOR and SCOR clients. Focus areas include ESG reporting, climate risk analysis and data, carbon offsetting as a solution, circular economy, diversity, equity, and inclusion (DEI) tech, and supply chain transparency. We also see several opportunities in the green insurance product space including solar production or maintenance guarantees, wind input parametric products, solar physical asset damage, cat-bond / ILS and insuring carbon credit projects. Thesis 3: We invest at the intersection of health and technology and partner with companies that help people live healthier lives, deliver in-force or claims outcome improvements, develop new business or add to SCOR’s Knowledge Center capabilities, and assist our clients to transform their offerings. We predominantly invest at late Seed / Series A and are interested in a broad range of B2B and B2B2C solutions across MedTech, wellness, wearables, data platforms, and software / AI platforms. How we operateIntegrated in the wider SCOR business: Direct access to the entirety of SCOR’s capabilities brings unique added value to our portfolio companies. SCOR’s core business has experts in nearly every country, line of business, and functional area, while SCOR Partners bring a broad range of client services, marketing and product development expertise. Mandate: focused on key markets in North America, EMEA and LATAM, with selective deployment in APAC and Africa. Stage and ownership: We invest Seed to Series B. We typically seek greater than 5% ownership at first investment, which may include a board seat (we have led or co-led half of our investments to date). Our investment is intended to make SCOR a meaningful contributor but leave founders room to manage their cap table. We look for a long-term investment and / or commercial relationship but do not seek a fast exit or to ultimately acquire portfolio companies. Partnership approach: we are active supporters of the companies we work with, assisting with technical input, recruitment, capital optimisation and more. The material growth of many insurtech MGAs and carriers has led to increasing demand for (re)insurance capacity; SCOR is a transparent, long-term partner. Insurtechs in SaaS and services segments, meanwhile, have benefited from SCOR’s long-standing client relationships, while SCOR benefits from bringing knowledge, links, and expertise regarding services with genuine value to our clients. We bring value to our portfolio companies by connecting them with other partner companies, as well as with founders and distribution leads in our network. Why partner with SCOR VenturesWe believe in fewer, deeper relationships over the long term. We are flexible and collaborative in our approach, tailoring a solution to your specific needs, in partnership with other insurers, reinsurers, and investors involved in your company as appropriate. We underwrite most major lines of business and geographies globally. We have a global network including insurance licenses but not a competing retail insurance arm. Insurers are our clients, so working with us does not limit your options to associate with insurers. In selected circumstances, we can offer access to Lloyd’s or SCOR’s insurance licenses in the U.S., Europe, Asia, Brazil, South Africa, and other markets. We look to move quickly with direct access to decision makers, whilst leveraging resources and expertise to ensure our partners can build relationships with the appropriate parts of our organization.

We are passionate about backing visionary founders who are transforming industries and creating a positive impact on the world. Our Investment FocusConsumer: We invest in consumer brands and consumer tech, seeking out companies that are disrupting traditional industries and redefining the way we live, work, and play. Climate: We are committed to supporting companies that are addressing the climate crisis, investing in sustainable foods, waste management, and sustainability solutions. Enterprise: We focus on B2B SaaS, DeepTech, and Enterprise across fintech, health tech, and cybersecurity, backing companies that are driving innovation and efficiency in the business world. Our Team Our experienced team of investors and advisors brings a deep understanding of the tech landscape and a proven track record of success. We are committed to providing our portfolio companies with the strategic guidance and operational support they need to achieve their full potential.

We invest in superior technologies provided by passionate teams in Europe and ​help our portfolio companies to get access to global markets. With Venture Capital as our core, we also support the wider group in all investment ​related initiatives across Europe. Investment Sectors:FinTech Climate Tech Industrial Tech Energy Automation Age Tech About SBI Holdings Established in 1999 as a pioneerin Japan, SBI Holdings has formed the world's leading internet-​based financial conglomerate ​providing services in a ​broad range of fields. SBI Holdings is a publicly listed financial conglomerate, consisting of more than 500 companies. Since its spin-off from Softbank in 1999, SBI’s dedicated investment entity, SBI Investment, has emerged as Japan's most active venture capital investor, with more than 1,100 portfolio companies and more than 7 billion USD in assets under management. Besides its own funds, SBI also manages the CVC Funds of 21 Japanese corporations. Investment Fund We operate and advice the following investment vehicles: Future Industry Ventures (FIV): FIV is a European joint venture fund between Redstone and SBI that invests at an early stage in solutions making industrial systems more efficient, sustainable, and secure. Ticket size: 1-3m EUR Direct Investments: We make direct investments in companies that tackle the broader implications of demographic changes. Ticket size: 0.5-10m EUR Investment Funds in Japan (managed by SBI Investment) SBI Investment operates several growth-stage funds, investing in areas such as: fintech, digital space, quantum, crypto, and others. SBI Ventures Europe supports SBI Investments with deal sourcing, Due Diligence and post-investment management initiatives in Europe. Ticket size: 3-50m EUR CVC Funds SBI manages the CVC(Corporate Venture Capital) Funds of 21 large Japanese corporations, each with its own individual investment thesis. SBI Ventures Europe supports the European initiatives of these funds. Ticket size: 0.5-5m EUR Our Team As an international team with over 60 years of investment experience, we believe that it takes a global mindset and local, hands-on support to tackle the challenges of our time and turn them into opportunities. We embrace diversity – in people, experience and mindset.

Khosla Ventures invests in companies that are bold, early and impactful. The firm was started in 2004 by Vinod Khosla, co-founder of Sun Microsystems, to provide venture assistance to entrepreneurs. Headquartered in Menlo Park, Calif., Khosla Ventures invests in a range of areas including AI, climate, sustainability, enterprise, consumer, fintech, digital health, medtech and diagnostics, therapeutics and frontier technology.

We support European founders in building responsible AI software companies that serve the world, not eat it. What we look forEarly Stage. We focus on investments in software companies that have shipped their first product and are seeing positive feedback and traction from first customers and are aiming to accelerate their commercial development Applied AI & Machine Learning. We support b2b software companies that apply innovative data processing, machine learning and AI technologies to create value for businesses and society in four major areas: Sustainable living (Proptech, Energy, ClimateTech) Trusted Society ‍(Legaltech, Privacy, Cybersecurity) Future of Work (Enterprise SaaS, HRTech) Future of Commerce ‍(Fintech, Marketing, Logistics) Benelux, Nordics, Baltics. We focus on companies being built by talented teams in the fastest growing tech hubs in the Benelux 🇳🇱🇧🇪🇱🇺, Nordics 🇩🇰🇫🇮🇳🇴🇸🇪 and Baltics 🇪🇪🇱🇻🇱🇹 regions , with international ambition and aligned with European values

Investing in the future we envision for Latin America Who are we? Early stage VC fund focused on Latin American founders and startups targeting spanish-speaking countries. What do we do? We invest in companies aiming to use technology to solve critical challenges affecting our region, from Seed through Series A. How do we do it? In addition to providing capital, we act as a strategic partner, providing hands-on support, knowledge, and global networking. Our focus areas: Human Improvement: Unleash human potential through education, training, and access to quality jobs, as well as technologies that improve health and wellbeing. ‍EdTech, JobTech, HealthTech and Wellness Economic Development: Increase productivity through digitization, particularly at the SME level, or economic inclusion through financial services. Fintech, Proptech and eCommerce Sustainable Planet: Mitigate the impact of climate change and foster the responsible consumption of natural resources. Agtech, Cleantech, Climate tech, Smart cities, others