Flusso Capital

We provide growth capital and share insights, experience, and network of proven global entrepreneurs and investors to make it happen. Our strategy Invest in CEE-based companies with a proven product and help them go global. We offer complete unique VC package of flexible capital, entrepreneurial and investment experience. Unique team’s competence We have seen this movie before. We have built global companies out of CEE. We have invested over $200m in growth equity as well as decided on buying and selling Unicorns. We delivered consistent 3x returns to our investors on our VC portfolio. Now experienced investors join forces with accomplished business builders to help your companies make the most of their global potential, through our investment, business insight and fund-raising competence of our team and our network. Unique startup We invest in companies that solve important problems of the modern world engaging teams with exceptional skills and hungry for global success. We expect at least a validated business model or commercialized technology and a proven product-market fit. Unique investment scope We support founders mainly from Round A through growth and expansion Rounds B and C. This way we can provide startups with longer-term financial support than a typical VC fund. We might invest in pre-A Round on an exception basis together with another renowned VC fund. Unique investment product As a 100% private fund we have exceptional flexibility in terms of financing. We tailor investment to company needs, not the other way round. Together with founders we determine the best financing for the company. We support businesses via investments in equity, providing convertible loans or venture-debt. We help companies also with special situations, e.g.: debt-to-equity conversion or pre-IPO. Unique geographical mandate We focus on Central Europe, but we are open for investment opportunities outside of the CEE Region. Our management team invested across Europe, Asia and the US. With that first-hand experience we will support our companies in global expansion.

Passion Capital is a partnership of entrepreneurs and operators who are applying our experiences to helping founders and early-stage teams build great digital media/technology companies. We are Stefan Glaenzer, Eileen Burbidge and Robert Dighero. We have been personally involved in the largest European technology exits of the past decade, including the biggest exits of the year for 4 of the past 10 years by market value (Ricardo.de acquired by QXL, Skype purchased by Ebay, Last.fm acquired by CBS, and QXL/Tradus acquired by Naspers) - and want to be involved in many more. We believe that the critical differentiator and key asset of a successful business is the passion and ability of its founders. We are committed to fostering an ecosystem of technology, collaboration and executional excellence in Europe. As an example of this, White Bear Yard is our own hub for activities, ambitions and energy… and where have fun in the process.

Foresite Capital is a multi-stage healthcare and life sciences investment firm with ~ $4B in assets under management. The firm aims to address areas of great unmet need by funding promising healthcare and life sciences businesses at all stages of their life cycles. Foresite Capital uses a data science-driven approach to invest in companies that leverage biology and big data to transform healthcare, including 10x Genomics, Relay Therapeutics, Element Biosciences, Inscripta, as well as companies developing next generation therapeutics. Founded in 2011, Foresite Capital is based in San Francisco.

We believe the next wave of high-performing ventures will be built by operators with deep domain insight and a bias for execution. We focus on models with clear unit economics, paths to early profitability, and the potential to scale with discipline. HOW WE BUILDWhat we bring to the table Our Ideas: 2-3 Cases that (i) we have ideated, (ii) we have a strong believe in and (iii) that are ready to being validated together Our Capital: We invest our own money to provide you with the required pre-seed investment + our network of Angels, Investors and Family Offices for potential follow-up investment Our Hands: We support from day 0. We co-build. We get our hands dirty. We are on the ground with you What you bring to the table Your Heart: Dedication, drive and the desire to build a profitable business with us over the next 5-10 years Your Brain: A proven track record in building and operating at the highest standards in a high pressure environment Your Attitude: You fully own the case even if we bring in the initial idea. You have the confidence to challenge everything we say and do and proof us wrong WHAT WE BUILD Capital efficiency and sharp execution beat hype and burn. We invest early and support relentlessly. Profitability matters: Most startups we back aim for operational profitability early.Capital efficiency isn’t optional. It’s a mindset. Execution over narrative: Too many founders raise on vision. We back those who execute – shipping, selling, scaling. VC is broken: Too much capital follows the same playbook. We invest in overlooked markets, underfunded verticals, and founder archetypes the industry ignores. Outdated verticals, low competition: We focus on unloved industries where execution is key and competition is weak. Think: old problems, solved with new precision. Positive Unit Ecos from day 1: Our ventures are designed to become CM3-positive with a lean, capital-efficient setup - often after a single seed round. AAA+ operator teams only: We only work with founders who build and operate at the highest standards. No tourists, no pitch decks - just proven operators.

We’re founders and builders here to help others create and scale transformative companies. We built the team that we wish we had in our corner when we founded our first companies. Venture is an antiquated industry, so we’re using software to scale the un-scaleable parts of our business in order to better help our founders and make best use of our all-star team’s time. Our partners - leveled up through software - are a hive mind to serve founders, who in turn help us see the future. We've helped more founders build startups at the earliest possible stage than most anyone you'll meet Initialized’s founder and managing partner, Garry Tan, evaluated more than 6,000 startups as an early partner at Y Combinator. He was part of Y Combinator as it grew from a little-known entrepreneurial program into Silicon Valley’s best-known and regarded network for early-stage technology startups. He also built their internal software system, Bookface, and conceptualized Continuity, their late-stage funding program. Garry then built Initialized Capital into a standalone San Francisco-based early-stage venture capital firm, which now has $3.2B assets under management and more than 200 active companies in the portfolio. We've helped more founders build startups at the earliest possible stage than most anyone you'll meet, and that means we can help startups avoid the 1,000 landmines that can cause certain failure. A lot of great investors, advisors, founders, and friends have helped us along the way.