Investible

SmartCap provides cornerstone investments for private fund managers to create a vital venture capital market in Estonia and enable ambitious and innovative Estonian companies to emerge and grow globally SmartCap is a small fund manager established in 2011 operating under an activity licence issued by the Estonian Financial Supervision Authority. SmartCap is a subsidiary of Estonian Business and Innovation Agency (after the merger of Foundation KredEx and Enterprise Estonia from January 2022). SmartCap manages two common closed-end alternative investment funds: SmartCap Venture Capital Fund and SmartCap Green Fund. Both operate as a venture capital fund-of-funds according to their strategy. The sole unitholder of both funds is the Republic of Estonia. SmartCap’s mission is to drive the development and growth of Estonian venture capital market by being a committed cornerstone investor in venture capital funds, addressing identified market gaps and investing through different economic cycles. The Management Board of SmartCap has two members: Sille Pettai and Mari Vavulski. The Supervisory Board has five members: Priit Põldoja (Chairman), Sille Kraam, Aare Järvan, Veiko Hintsov and Mikko-Jussi Suonenlahti. We work towards sustainable future and are devoted to make a conscious impact on various aspects of our society. Our core values are integrated and implemented in our business strategy, management and investment processes, day-to-day operations and interactions with our stakeholders and business partners. The core values are: Strong integrityBeing transparent, trustworthy and open partner to our stakeholders, investors, investees and business partners, as well as with the public; Acting in good faith; Engaging only in ethical, honest and fair business practices; Upholding good reputation and public image; Favouring socially responsible partners, investments and business opportunities. Environmentally-friendly practicesLimiting the impacts of climate change; Practicing responsible resource management; Reducing pollution. Social awarenessBeing mindful of equality, diversity and inclusion at all levels of the society; Caring for the well-being of our employees, the people around us and the society as a whole; Creating a supportive, safe, fair and dignified workplace. Good governanceUsing the best corporate governance, disclosure and reporting practices; Having a transparent ownership and management structure; Applying high standards to internal policies and to the compliance with regulatory requirements; Avoiding conflicts of interest, breaches of confidentiality or any other transgressions; We are a member of the Estonian Private Equity and Venture Capital Association (EstVCA) and follow its openness and transparency guidelines. SmartCap is also part of Invest Europe network – the world’s largest association of private capital providers that represents Europe’s private equity, venture capital and infrastructure investment firms, as well as their investors. Investment strategyWhy we invest? We aim to be a committed partner for private fund managers to develop Estonian venture capital market and modernise Estonian economy. Where we invest? We invest into both generalist and industry specific venture capital funds with a strong focus towards Estonian innovative early-stage research and technology-intensive enterprises with strong international growth potential. How we invest? We make cornerstone investments into venture capital funds hand-in-hand and on equal terms with private investors. Steps towards investmentSmartCap publishes a Call for Expressions of Interest. The Call offers investment solutions that are currently not available on the market or focusing on identified market deficiencies. As a cornerstone investor we lower the entry barrier to the venture capital market for private investors. Private fund manager is selected at the Call to establish a new fund. Fund manager is selected based on their investment proposal, team profile and competences. Our investment decisions are made on market terms and based on market needs. Newly established fund makes direct investments into underlying companies. The new fund will be making investment decisions independently based on the Call's objective and the fund's investment strategy. Our operating principles are:Impact: Our aim is to develop Estonian venture capital market as well as to contribute to Estonian economic growth. Profitability: Our aim is to be self-sustainable and to earn market level long-term investment income for the shareholder/state. Operation on market conform terms: Each investment is made hand-in-hand and on equal terms with a private investor or investors. Responsibility in day-to-day operations: We address and promote responsible principles in our operations. SmartCap has been awarded with Silver Level in Responsible Business Assessment Index.

Leveraging decades of climate tech investing experience, we support early-stage entrepreneurs building transformative companies that do more with less. We back teams that are based in North America who are innovating across atoms, bits, or business models. Our initial investments range from formation capital to Series A, and we support companies as they scale.

Remarkable Ventures invests in early-stage companies leading the transformation of our largest industries. This includes a generalist fund and our investing in Climate Tech companies leading the transition to a net zero economy. Our 600+ founders are building the leading companies of the future. Our team and 1000+ mentors help them every day. ABOUT REMARKABLE VENTURES Remarkable Ventures has been investing in startups serving and disrupting New York’s largest industries for more than a decade. We are lifecycle investors. We are operators. We take you from the earliest stage and see you through your next round, and your next, to exit and beyond. We love helping founders build products and businesses from the ground up - and working with founders who love to build. With our companies and through the hundreds of founders we’ve invested in, we’ve lived the highs and lows of building a company. We’ve seen great success. We’ve seen pivots. We’re there with founders every step of the way. We support our founders and portfolio with the help of a unique platform and a big tent. Many funds talk about support for their portfolio, but for us it’s not just our team - it’s our community that’s been supporting the New York tech community since 2011. We have built a platform of more than 1000 mentors, including 500 founders we’ve backed during the last 10 years. We look for founders seeking to create meaningful change through the businesses they create. We look for companies from anywhere in the world that seek to take full advantage of the NYC opportunity. Together we help remarkable founders take their businesses to remarkable places.

We don’t just say we invest Pre-Seed. We’re a $300M fund focused on pre-seed, pre-traction, pre-everything. We don’t focus on what can go wrong. We look for what can go right. Just like you, we’re risk-takers - not risk-mitigators. All-in with you! We play to win. We don’t tell you something’s awesome just to be nice. We have your back and ask the tough questions. Think of us as your SWAT team. We don’t mind if your idea is raw. We’re product people who see your vision. Bring on the sushi-grade. We don’t wait 'til Monday morning. We work fast to make our decisions. We’re founders too - and waiting is the worst.

From Southeast Asia to Silicon Alley, our world is marked by unprecedented degrees of multiculturalism, ethnic diversity, social shifts, international collaboration, and technology-driven changes. Third culture innovators - founders who create and define a new ‘third space’ in response to adversities they face while living, learning, and transacting between disparate cultures - are on the rise and at the center of solving humanity’s biggest problems. As third culture individuals ourselves, Ethos understands better than anyone else the powerful forces at work in the world today. We can spot asymmetric opportunities and invest where others hesitate because we aren’t afraid to be authentic and embrace the same ethos as the third culture innovators that we invest in. We hold deeply ingrained convictions that investing in companies led by extraordinary third culture leaders will not only yield more unicorns, but also shape a world in which future generations will thrive, celebrate, and treasure. VALUESEthos: We believe the most important foundation of a person’s success is his or her character and spirit, which will manifest in the person’s business, relationships, and actions. Commitment: We invest in founders from the earliest stages (often, the first check) and continue to support their long term vision. We believe startups are a marathon, not a sprint. Curiosity: We seek truth. We assume nothing and believe that the best approach is to uncover these truths through experimentation. Community: We believe that the startup journey is much better when we share it with others. The journey is hard. No need to go through it alone. Vision: We support founders who are bold and mission-driven to improve the future of humanity. Big dreams inspire and motivate us all to be better. WHY THIRD CULTURE Third Culture is not about geography or skin color. Third culture is the mindset and drive to adapt, grow, and triumph while remaining fiercely authentic even amid pain and discomfort. It is the situation of being in between two or more worlds, and includes the meaning of being located at the periphery or edge of mainstream thinking. It’s the impetus behind the biggest and most important innovations for humanity and the future of our children.

Brinc is a different breed of venture capital and accelerator firm. Core to our business is our belief that some of the world’s biggest challenges can be solved by entrepreneurs, who we like to call GAME CHANGERS. More game changers will make a positive impact on the world if they are given the right backing. And that’s what we’re here for. To support and mentor founders and their teams from across the world and provide investment to help them grow. Today, we believe that technology focused startups, with the right backing and support can fundamentally change how we move, what we eat, how we feel and where we live for the better. Accelerators We run global accelerator programs to help founders solve some of the world’s most pressing challenges. Funds We invest into Pre-Seed to Series A startups through Partners Funds and our own funds: BrincArtesian & Arkley Brinc VC. Partners We help ecosystems think and act like disruptors by engaging with startups to achieve their long-term innovation objectives.