HCVC

mHUB is where people come to build the physical technologies that will change the physical world. Through prototyping labs, industry partnerships, and a commitment to U.S. manufacturing, the mHUB ecosystem is changing the landscape of HardTech development. Helping HardTech startups navigate the complex path to commercialization From peer learning and mentorship to a state-of-the-art prototyping lab in Chicago, mHUB membership provides hardware startups with dynamic programming for both early stage and growth stage startups. Wherever you are on your entrepreneurial journey, mHUB has the right tools to put your HardTech startup on the fast track to success. A fund for HardTech and hardware venture capital To invest in early-stage HardTech startups and provide seed funding to physical product and hardware companies, the mHUB Product Impact Fund I is actively deploying between 2020 through 2023 and expects to invest in 60 startups that participate in sector-specific cohorts of mHUB Accelerated Incubation, which include Industrial IoT, Smart Manufacturing, MedTech, ClimateTech, and Energy Tech. mHUB’s Product Impact Fund I is a $15M Venture Fund that invests in seed and early-stage physical product and hardware startups.

Built by founders for founders, every single aspect of our firm is focused on helping extraordinary founders succeed. Because our backing goes beyond just capital. We’ve got the experience, understanding and insight to help you on a journey we know all too well. You can trust that we’ll use everything that sets us apart to set you apart. Our areas of interest. Our overarching thesis is that technology will transform all sectors of our world and that the biggest transformations are yet to come. Every few years there are new frontiers opening for innovation. Founders are the gamechangers that we take our cue from. As a thematic investor, these are just some of the current areas we are focusing on. Digital Work: With the creation of business applications that empower workers & enhance productivity, the digital transformation of every industry is under way. Enterprise Data Automation: Enterprise data and automation platforms are becoming the brains of tomorrow’s modern enterprises. Internet Infrastructure: Progressive founders are developing the foundational infrastructure that will be the ‘connective tissue’ of every modern business. Future of Finance: Brilliant founders are re-imagining the services and underlying infrastructure that power financial systems and define how money flows. Mobility: A mobility revolution is underway. The services and infrastructure that move people and goods, and let us travel the world, are undergoing dynamic innovation. Industrial Automation: Making industries such as manufacturing, logistics and construction more efficient is a global challenge at a critical time for humanity. Frontier Tech: Today’s (and tomorrow’s) tech entrepreneurs are harnessing scientific breakthroughs and emerging forms of tech to rewire entire industries and solve global challenges. Planet Positive: Extraordinary entrepreneurs are the world’s best bet in tackling dire global issues like the climate crisis and the need for decarbonisation. Engaged Consumer: Consumer companies are devising ways to make our patterns of commerce and consumption more engaging, more sustainable, and more in line with global sentiment. Future of Food: Creative entrepreneurs are reinventing the way societies produce, distribute, and consume food. Digital Life & Play: Entrepreneurs in this field are dedicated to enabling individuals and social communities to lead happier, more connected and fulfilled lives. Improving Health: Founders are using cutting-edge tech to focus on complete biological pictures & consumer-driven care, sparking a foundational shift in how societies view healthcare. Empowered Individuals: It’s something everyone in the VC world should care about. The companies in this space are empowering individuals to reach their full potential. European roots. Global from the start. We use our hard-won experience to help visionary founders become global category leaders. We’re not a traditional venture capital firm. We are built by founders for founders. Every single aspect of Atomico, every part of our culture, and every decision we take, is designed with the ambition of helping founders succeed. We exist for more than returns. We believe entrepreneurs are the ultimate agents of positive, transformational change across every aspect of our society and economy. Our mission is to spur this progress forward. It’s why we partner with the world’s most ambitious founders. The rule-breakers who want to build the next leader in their category. The world-shapers creating companies that fundamentally shift the way we live today. The gamechangers using technology to rewire the world in favour of something better, for as many people as possible. When we find these people, we invest much more than money. We work hand- in-glove with them, drawing on hard-won experience scaling some of the most successful technology companies in the world, while also providing guidance on how to scale consciously and contribute meaningfully to a better future. Read on to find out more about how we operate, and the commitments we’re making to support our mission to develop the world’s most prosperous, sustainable, inclusive and mission-driven technology ecosystem right here in Europe. Why should you partner with us? If you’re a founder asking yourself whether or not we are the right partner for you, here are the five principles that guide how we act as a team. Hold us to them when you meet us. Aligned to Win: Greatness occurs when remarkable people with diverse perspectives work together as one. By empowering each other, sharing credit and encouraging each other to act as owners we make the whole stronger than the sum of its parts. What does this mean for you? With egos left at the door, we can work together towards one common goal: helping you build a business that changes the world. Performance Through Integrity: ​​We achieve our best performance and results as a team through integrity. We get to the right decisions through frank discussions based on data and logic in an environment where diverse perspectives and independent thinking is encouraged. We identify biases and blind spots and we are always conscious of our impact on our wider environment as world citizens. We contribute to a diverse and inclusive culture, higher standards of professionalism, and a fair, safe and collaborative environment. What does this mean for you? Our objective is to be the investor you are proud to have on your cap table. Partners to Gamechangers: We pride ourselves on being genuine partners to the entrepreneurs we work with. We build lasting relationships. Venture is a long term game, helping those who share our mission by sharing our experiences. By getting to know founders early on both we and you can better gauge if there is a good match. What does this mean for you? Our aim is to always have a positive reference from founders we have worked with. Feel free to ask any of our founders, whether they succeeded or not, which investor they would recommend and why? Life is too short to not be decent to each other. Bold and Progressive: We are calculated risk-takers with strong judgement and conviction. We are not afraid of bold action to lead our industry, rather than follow. We have a growth mindset and use data and feedback in pursuit of continuous learning and improvement. What does this mean for you? We challenge ourselves to think big and long-term. Expect us to do the same to you. Humble: We are honest, authentic, and transparent. We are not afraid to make mistakes, and when we do, we admit when we are wrong and learn from it. We are honest about our own limitations and recognise the skills, knowledge and strengths of our colleagues so that we can achieve our desired outcomes collaboratively as a team. We seek guidance and feedback from others, and we remain teachable, always. What does this mean for you? We are not perfect, but we’ve all got your back and you will always have someone you can to talk to. No matter the time of day or night. How we invest What should founders expect? The truth is no two founders, products or business models are the same, and so there is no ‘one size-fits-all’ approach to investing. However, as a founder, these are some general things you should expect if we are lucky enough to be invited into your fundraising process. Our goal is to align on vision and shared ambition For us, this is the most important thing. Like you, we are not here to make incremental progress. We want to accelerate those who want to move the world forward. Trust us, but also take a look at our portfolio, no vision is too ambitious. Get to know us, not just other way round We will want you to meet our team, not just one of us. We want you to have a clear understanding of what we can do for you over the coming decade and who you’ll be working with. Talk to some of our existing founders about working with us through good times and bad, and talk to your peers and network about us. We want you to make an informed decision that is in the best interest of your business. We know firsthand how valuable your time is, so we move at your speed. It’s why we take a thematic and relationship-led approach to investing. It means we can build conviction fast, move at your speed, and align with you from our first conversation. We listen, more than we talk. Don’t worry, that’s because we focus on the things that matter and we do our work upfront. But we will have questions. It’s never too early to speak to us We back you from the earliest stages through to IPO. While there are always exceptions to the rule, we typically focus on European founders at the early stages, and founders whose global vision includes winning in Europe at the growth stage. Commitments We’re Making To Build a Better Ecosystem in Europe Our mission at Atomico is to develop the world’s most prosperous, sustainable, inclusive and mission-driven technology ecosystem right here in Europe. Since 2006 we have been disrupting the venture capital industry in Europe, and a big part of that is never standing still or being afraid to be the trailblazers for different ways of doing things. Research and data show us that diverse teams have a greater perspective, make better decisions and perform better. As VCs we have a privileged hand in building the future; it is a direct responsibility of ours, then, to help build an equitable and just tomorrow We are not perfect, nor are we there yet, but we share our convictions to push our industry and our ecosystem forward. Here are just some of the initiatives that we’ve committed to so far: Our annual State of European Tech Report is the industry barometer and largest free data repository on our ecosystem today, highlighting progress but also where we must improve. Atomico’s Commitment to Diversity & Inclusion - here’s everything we’re doing. If you work at another VC, feel free to reach out to us if you want to chat about how it’s going. We published Diversity & Inclusion in Tech: A Practical Guidebook for Entrepreneurs, in partnership with DiversityVC We launched our Access Atomico Office Hours programme for underrepresented founders Across our active portfolio, 34% of our founding teams include a female or non-white founder. Across our team 63% of our investment team come from some kind of underrepresented background (be that either non-male, ethnic minority, LGBTQ+, disability or socio economic background) and 74% of the total Atomico team identify as underrepresented. We launched, and open-sourced, our Conscious Scaling Programme to help our founders prepare responsibly for a world in which their products and services will impact potentially millions of people We launched Our 12 months Atomico Angel Programme to activate a new generation of angel investors including tech clusters that have been underrepresented in the past. Only by relentlessly reaching new networks can we ensure maximum spread of opportunity for the next generation of founders. You can see our cohorts of angels, and their investments to date, here: Cohort 1, Cohort 2 and Cohort 3 We have also made a number of LP commitments to first time fund managers focusing on underrepresented founders. We have published our Commitment to ESG We are Carbon Positive, including triple offsetting our own carbon footprint, and we are proud that our new home in London was the first office in the UK to receive the Net Zero certification.

Pléiade Venture est une Société de Capital Risque Française. Elle investit sur le long terme, sans horizon de sortie prédéterminé. Elle soutient les entreprises innovantes de tous secteurs, hors biotech. Elle dispose de plus de 100 M€ d'actifs et investit de 0,5 à 3 M€ par opération. Elle est financée par des entrepreneurs qui forts de leur expérience désirent contribuer activement à de nouveaux succès. Elle est animée par une équipe en liaison étroite avec une vingtaine d’entrepreneurs contributifs. Nos différencesEvergreen: Pléiade Venture, à la différence des fonds, investit ses fonds propres et réinvestit ses plus-values, sans horizon de sortie prédéterminé. Actionnaire stable et pérenne, Pléiade Venture s’adapte au projet long terme de l’entrepreneur. Contributif: Notre capital est constitué d'entrepreneurs issus de secteurs variés. Ils réinvestissent une partie de leur patrimoine et partagent leur expérience avec les dirigeants de nos participations. Un quart de nos actionnaires sont d’ailleurs les fondateurs d'entreprises que nous avons financées. Galaxie: Pléiade Venture s’inscrit dans un ensemble de structures indépendantes : Pléiade Investissement (Capital Développement, LBO et retournement) Pléiade AM (Fonds d'actions cotées) autour d’une idée commune : « Faire ensemble, et faire autrement, ce que nous ne ferions pas seuls ! ». Nos CritèresStade: Seed, Series A Secteurs: Tous sauf : Biotechnologies, Entertainment, Immobilier Montant: 0,5 M€ à 3 M€, Seul ou en coinvestissement

21st by CentraleSupélec, accélérateur d'impact, s’adresse à vous, entrepreneurs visionnaires. Notre mission : accompagner les étudiants, chercheurs ou entrepreneurs, dans le développement d'innovations de rupture et de startups digitales. De l’idéation au passage à l'échelle. Nos domaines d'innovation : La transition environnementale, le vivant, la santé, l’éducation, la relance industrielle et la souveraineté technologique. Nos programmesMaturate: Programme de maturation, de formation et de sensibilisation à l’entrepreneuriat deeptech. Launch: Programme d’incubation, de formation et de sensibilisation à l’entrepreneuriat. Accelerate: Programme d'accélération dédié aux startups en phase d'amorçage, qui portent une innovation en lien avec le climat, la biodiversité, la santé, l’éducation ou le futur de l'industrie. Scale: Programme d'hébergement et d'accompagnement de startups en phase de changement d'échelle.

With over two decades of Australian investment in building capability in research and universities, Australia now enjoys some of the most extraordinary talent and globally leading minds. This talent is creating knowledge and has the capacity of solving some of the big problems of our time but if we can’t take this know-how and intellect into the world, then this brilliance is lost and the opportunity we have will remain just that – an opportunity. As business builders and investors, Significant has been taking up this challenge for nearly two decades. Working in collaboration with universities, researchers and state governments, we, as a collective group have a track record in translating this knowledge bank into technology, into products, into services and ultimately into businesses that: Have become global companies Re-shaped markets Solved sustainability problems Created jobs and New career pathways for Australians Significant has the capacity to create high value niche modern manufacturing industries and exports for Australia and are extremely proud of their achievements. Significant leads by example to show that Australia can commercialise its inventions, that sustainable globally competitive businesses can be created in Australia, and that early-stage investment can create immense value for investors, demonstrating that through action Significant is able to attract more capital to invest in this important space and is be able to shift the mindset (read the AFR article) that Australia is great at innovation but not at execution. Backing Australia Our vision is a country that backs its researchers for the intellectual capital advantage they provide. Our mission is to back this talent, entrepreneurs and innovators to take these ideas and concepts to the world and create its own self-funding eco-system that results in the formation of new industries. Through our 4-way all-encompassing unique eco-system, our university investor partners provide us with access to the ‘very earliest’ investment opportunities possible, opening the door to concepts, ideas and innovations well before other venture capital funds. Our investment approach We invest in applied technologies that address high-impact global niche markets and will bring about social, environmental or economic change. Every potential investment must have a pathway to being a sustainable business and contributing impact to the UN Sustainable Development Goals either through the technology or through their business model. We look for technologies that provide a market advantage that is hard to replicate. They will have emerged either from researchers who have had long well-funded R&D cycles or innovators who have deep domain specialisation in an industry and so know their market problem exceptionally well. We are sector agnostic driven by the thematics that arise from the core capabilities of our partner universities and the innovations we uncover. The accelerators Strong market-fit and early industry engagement are imperative. We seek to accelerate the path to market dramatically by sourcing early adopters to validate the market need and aim to achieve market traction within 12-24 months. Our ability to find these early adopters is a key part of Significant’s initial due diligence.

In the past 15 years, Canada’s innovation ecosystem has taken off. Startups, accelerators, incubators, investors, and forward-thinking policies have created a true hotbed of entrepreneurship. Bold ideas are flourishing, transformative ventures are thriving, and Canadian technology is reshaping industries, driving growth at home and societal impact worldwide. We could look back and self-applause our progress, but let’s be radically transparent: major challenges remain and there is still a lot left to be done. A majority of our technology companies are not achieving the global scale they legitimately could attain. They do not achieve their full potential; frequently selling prematurely instead of being the market consolidator and building for the long term. ​ A central cause of this problem is the lack of early-stage venture leadership and risk-taking at the true “inflection point” - when startups have early revenue, signs of product-market fit, and are ready to scale. Canada has no shortage of funds willing to follow on, but far too few are prepared to lead Seed and Series A rounds: to structure financings, set valuations, negotiate terms, and define the conditions for success. The “Death Valley” is real. Canadian venture capital lacks leadership, and needs to contribute more expertise. The “Death Valley” is the critical scaling stage that most companies fail to overcome. It happens as a company attempts to bridge the gap between early commercial success and achieving significant revenue scale. In 2024, roughly six in ten Canadian seed rounds included foreign investors, a dynamic that intensifies by Series A and beyond. Half of that was led by US Too often, the most promising Canadian startups saw their early rounds led by U.S. VCs. While we welcome foreign investors, global connections strengthen our ecosystem, Canada simply lacks enough lead investors to keep ownership at home. For early-stage and scale-up companies, the shortage of funding alternatives is a major barrier. Many of our best founders head south in search of stronger capital partners. The gap is readily filled by international investors, and who can blame them? Canadian founders are known to outperform and to be more capital efficient than their U.S. peers. The best founders will always attract global capital and seek out the strongest partners. But this comes at a cost. Every time leadership is ceded abroad, Canada loses ownership of its most successful businesses. An ecosystem of “follower investors” produces an economy of subsidiaries, when what we need are global leaders. The problem is twofold: not enough Canadian capital to lead at the inflection point, and not enough seasoned expertise to scale our champions. If you believe, as we do, that local technology champions will be the cornerstone of our future economic prosperity, then our ecosystem must level up. We need more early-stage capital that doesn’t just follow, but leads. Equity financing must evolve to deliver not only dollars, but expertise, resources, and technology to nurture local champions. Understandably so, when they lead funding rounds, most Canadian VC firms will either focus on the pre-seed stage, where the power-law is magnified and placing many small bets is more important than bringing expertise, or the growth stages (Series B+) where significant risk is already behind and larger checks drive the outcomes. A paradigm shift is required. New organizations must emerge that add real value and aren’t afraid to take the lead at the Seed stage. This is why we are launching Amiral Ventures. Amiral Ventures is a new venture capital firm on a mission to empower Canada’s most ambitious founders with dynamic capital and scaling expertise, building the next generation of technology flagships with lasting societal impact. Vaisseau Amiral (French for Flagship): A ship or building that is recognized for its size and strength, making it the pride of a fleet or an organization As entrepreneurs ourselves, we have utmost respect for the founder journey. We don’t just invest, we aim to deserve the right to partner with them along the way. Amiral creates the ecosystem where visionary founders thrive, with capital, expertise, global networks, and technology to fuel their growth. We’ve built scale-ups, felt the entrepreneurial highs and lows, and now channel that experience into backing the founders solving the world’s toughest problems. Prosperity Decoded Backing Canadian founders at seed to series-a to drive enterprise productivity, sustainability & resilience The challenges we face, low productivity, climate urgency, and fragile infrastructure, are systemic. But they also represent one of the greatest investment junctures of our time. New enterprise technologies, powered by AI and software, can equip leaders with transformative, mission-critical solutions. Productivity. Canada’s productivity gap is real—our workers produce only ~70% of what their U.S. peers achieve. The answer isn’t more talk, it’s action: applied AI, automation, robotics, and digital platforms. We back Canadian founders building these solutions at home and scaling them worldwide. Sustainability. Profitability and environmental impact can no longer be at odds. The transition to renewables and the optimization of energy use are urgent. Software and AI will be the linchpins of this shift, from clean energy production to efficient consumption. Resilience. Supply chains, industries, and critical infrastructure are under strain. Building resilience means more autonomy, security, and sovereignty, enabled by smart industry, robotics, digital twins, cybersecurity and intelligent manufacturing. More than just capital. Founders-led and founders-backed. Amiral Ventures will focus on leading early-stage rounds between theSeed and Series A and will actively support companies to achieve a strong global position. Capital is a commodity, expertise is not. An integral part of our investment thesis is having a dedicated impact team that will create value post-investment. Our initial focus is helping portfolio companies expand globally and seize international opportunities to scale. Over time, Amiral’s impact team will operate like a service organization, combining internal expertise, external networks, and proprietary technology to empower founders. Our goal is clear: every dollar invested by Amiral should deliver a measurable impact on a founder’s trajectory. Beyond the Amiral team’s expertise, we are surrounding ourselves by an unprecedented group of investors who are themselves founders, CEOs, CTOs, CROs, and not only share our vision but are eager to roll up their sleeves to help our flagship companies. ​Building an enduring franchise We are proudly Québécois but our market is much wider. We believe that for Québec & Canada to succeed, we must expand beyond our borders just like the Admiral butterfly. Papillon Amiral (French for Admiral Butterfly): Emblem of Québec, it is known for its rapid flight, its impressive migration, resilience and its noble appearance. Building a dynamic, resilient, and cleaner economy means securing local ownership while scaling globally. Amiral is an investment firm with an entrepreneurial mindset, built to create value for the next generation of innovators. We stand on the shoulders of the Canadian venture pioneers who came before us. History will mark the early 2020s as an inflection point. Technologies once magical are now everyday tools. The means to create prosperity are in our hands. But good is no longer good enough. High-paying jobs, economic development, and new technologies are necessary but we must also increase Canadian ownership in our champion companies, deploy smarter capital, and elevate our ecosystem. The “Death Valley” for Canadian startups must be crossed. Ambitious founders are ready to take flight on the global stage. Let’s build the next generation of Canadian flagships.