Invitro Capital

If you want to build a company with $100M+ revenues – reach out to us! We strive to be the most helpful VC onboard Inovo offers a unique benchmark for world-class startups. We’ve seen many success stories, and we are willing to spend our time helping you figure out things like: How can I scale my business? Which investor should you go to at this round? How fast should my startup grow? What do I need to validate to make the investors in the next round excited? How to set up a company in the US? What does it mean for my culture? What do you need to do operationally to make it happen? How do I build an advisory board? How do I find a good, trusted lawyer and accountant. 👩🏽‍💻 Recruitment We help founders find, evaluate and convince ”A players” to join your startup We have a full-time recruiter working for our portfolio Over 100 candidates have been hired thanks to our introductions and engagement in recruitment processes 💰 Investors Over 70 international co-investors in our portfolio's financing rounds. Over 200 intros handled on behalf of our portfolio companies for follow-on funding. 🤝🏽 Customers Over 30 tech unicorns who we can introduce our companies to Over $2M ARR in contracts based on our introductions 👨🏽‍🎓 Advisors Over 20 world-class advisors work with our portfolio companies to help them grow faster Over half of our portfolio companies work permanently with advisors or angels we have introduces them too We also have partnership programmes for our portfolio companies that can save you $100k+ in different software credits. What do we search for 💰 Investment ticket: €0.5m - €4m This is our first ticket size. We do follow-ons up to €10m for individual portfolio companies, and we can do €100-250k ”discovery tickets” in special cases. 🌱 Stage: ~Seed We invest mainly at the Seed stage (occasionally earlier or later). Our ticket allows us to make some Pre-Seed and Series A investments too. 🌍 Geo: CEE + diaspora We have a GEO focus, invest in startups all over Central and Eastern Europe, and founders from this region who are building startups anywhere in the world. The CEE region includes the following countries: Ukraine, Poland, Romania, Czech Republic, Hungary, Serbia, Bulgaria, Slovakia, Croatia, Bosnia and Herzegovina, Albania, Lithuania, North Macedonia, Slovenia, Latvia, Kosovo, Estonia, Montenegro. ⚙ Industry: Multi-vertical We aren’t limited to a single sector or business model. However, we are strong in certain areas like: Developer Tools (Maciej), AI/Machine learning (Maciej), Data Science (Karol), Healthcare (Michal), SaaS enabled marketplaces (Michal), B2C and B2B2C (Michal), B2B Enterprise (Tomasz) 💙 What makes us excited YOU:-) We are excited by ambitious founders, large markets, and products that clients love and are just 10x better than anything else on the market. Our Values Founders First We put our founders & companies ahead of ourselves. When we have a decision to make we will act in the best interest of the Founders. Go Big or Fail Forward We aim high and do not compromise for less. We prefer ambitious projects with 100x return potential that have a risk of failure rather than 2-3x “certain return” projects. Commit & Deliver Results If you commit to a task or a project, deliver with high quality results. This value is about putting focus on “delivering results”. It’s not about checklist of tasks that you have to do, but doing your best to achieve the goals - often in a non-standard way. Data Beats Opinion Our decisions are driven by the numbers and data. When we have a decision to make we will look at the market data, benchmarks, and historical data to choose the right thing.

Our goal is to contribute to the development of a free democratic society, based on equality, freedom and universal welfare. PEV in numbers$300M+ Assets under Management 50+ Years of experience in venture capital $2000M+ Funds raised by PEV portfolio companies 2500+ Jobs created by PEV portfolio companies Investment strategyLead or Co-Investor Role: Target investments approx. 5M – 10M USD per company with board representation Investment Stages: Seed to Series C Target Sectors: Artificial Intelligence, Big Data, Cybersecurity, Health Tech B2B Software: We focus on SaaS or quasi SaaS software services and products Geographical Focus: 50% Israel, 25% Europe, and 25% USA Investment ThemeCyber Security Big Data Artificial Intelligence Health Tech

Andra’s team has helped accelerate the technological evolution of the world we live in by investing in the future. We support the growth of some of the most promising global companies to shape a brighter future. 30+ years of Silicon Valley technology investments and operational leadership experience* $100B+ Andra’s investments in technology and enterprise software companies representing $100B+ in value 140+ transactions with technology industry leaders* *Figures reflect years of industry experience and transactions for Partners at prior firms. Investors, Technologists, Operators, Entrepreneurs Our team brings deep domain expertise, extensive operational experience, decades of investment experience, financial markets sophistication, and a strong network of relationships The Andra AdvantageSeasoned Silicon Valley Investors: 30+ years of experience investing in technology companies across multiple stages of a company's lifecycle Operational Experience: 20+ years of experience founding and scaling technology unicorns and driving companies to exits Strategic Ecosystem: Global investor network that helps portfolio companies fuel growth through strategic partnerships Track Record: Proven track record of deal execution, value creation and investment expertise Investment Philosophy We strive to achieve superior and consistent returns by funding exceptional companies identified through our five core investment principles: Execute our powerful and unique investment thesis and process for each fund strategy that allows us to effectively identify and evaluate investment targets Select disruptive companies with enduring technology moats and strong business models that can scale efficiently irrespective of macroeconomic cycles Maintain valuation discipline, investing at levels that fit our risk parameters and returns profile Perform strong fundamental research bottom up research and documentation of every investment using our proprietary methodology Employ a portfolio approach to mitigate risk through sector and time diversification Investment StrategiesLate Stage Open-end fund focused on leading, pre-IPO technology companies with an exit horizon of 2-3 years. Target Company CharacteristicsTechnology category leaders in large and fast-growing markets Sustainable and scalable unit economics with a clear path to profitability Seeking capital to fuel growth and establish market dominance prior to an exit event Technologically differentiated business models that can create defensible moats Growth-Stage Closed-end fund focused on leading, disruptive, fast-growing private technology companies with an exit horizon of 5-8 years. Target Company CharacteristicsEmerging technology leaders in large markets ripe for disruption Proven product-market fit with scalable and viable unit economics Entering the hyper-growth phase of scaling their business Technologically differentiated business models that can create defensible moats Target VerticalsArtificial intelligence Data and analytics Cloud infrastructure Networking Cybersecurity FinTech Consumer Software B2B and B2C marketplaces Digital health

Focused on the rising consumption story in India and Indian SaaS companies catering to a global market. CONSUMER TECH Backing tech native businesses for India’s internet users and middle-class. AgriTech EdTech HealthTech SOFTWARE AS A SERVICE (SAAS) Backing product-led SaaS startups that can reach a global scale. Automation, Collaboration and Intelligence Vertical SaaS SaaS enabled marketplaces FINTECH Backing companies which manage finances in the most tech efficient way Vertical neo banks, lending Embedded Finance, infra APIs Insurtech Alternative investing DEEPTECH Backing companies solving deep engineering problems Artificial Intelligence Robotics / Drones Space tech and Semiconductors OUR APPROACH We invest in people rather than companies. From great entrepreneurs emerge great brands and companies. We are good listeners and that is a trait needed in our profession to grow. We have a non-intrusive approach and we completely believe in the entrepreneurs we have backed. An entrepreneur can think of us more as a resource and a sounding board. WHAT WE LOOK FORWe prefer to invest in mission driven founders who have relevant work experience and domain expertise Significant growth potential over the next 3 to 5 years. We prefer backing founders with at least 4-5 years of prior experience. Differentiated products or services that have strong ‘moats’ built around it. HOW WE INVESTWe invest in pre-seed and seed rounds. We invest ~US$ 250K per startup in the first round and then in follow-on rounds We are open to investing through convertible structures and instruments, however, we prefer straight equity. We generally prefer to co-invest along with other VC funds and micro VC funds In a larger round of fundraising – we co-invest with our select Limited Partners.

As enterprise software specialists we know that founders of high-growth B2B companies face similar challenges when scaling from expansion stage to IPO. Our mission is to contribute our specialization, experience and network to help teams navigate the journey to build companies of consequence. Our areas of interest are: AI/ML B2B SaaS Crypto Cybersecurity Data & Analytics DevOps Fintech Healthtech Vertical SaaS For more than two decades, we have partnered with visionary management teams and venture funds to help scale companies of consequence. Since our founding, we has invested in more than 170 companies globally resulting in more than 30 IPOs and 45 acquisitions. The firm’s investment strategies - Sapphire Ventures, Sapphire Partners and Sapphire Sport - are focused on scaling companies and venture funds, elevating them to become category leaders. Sapphire’s Portfolio Growth team of experienced operators delivers a strategic blend of value-add services, tools and resources designed to support portfolio company leaders as they scale.

Open Opportunity Fund's portfolio spans, B2B SaaS, enterprise IT, artificial intelligence, fintech, and health tech. “ Opportunity Fund 1 is a $100 million fund with SoftBank as an anchor LP. The firm has invested in 75 tech companies including Atomic, Brex, Cityblock Health, Eight Sleep, Esusu, Lumu, Paystand, QuickNode, Squire, and Subject. The fund has achieved seven portfolio company exits. In 2023, the team led by Paul Judge and Marcelo Claure acquired the Fund from SoftBank and announced Fund 2 to continue to execute the thesis.