Nara Capital

EIT InnoEnergy brings people and resources together, catalysing and accelerating the energy transition. New ideas, products and solutions that make a real difference, and new businesses and people to deliver them to market. Operating at the centre of the energy transition, we build connections worldwide, bringing together innovators and industry, entrepreneurs and investors, graduates and employers. How we do it Our bespoke support to accelerate sustainable energy innovation, knows no borders or boundaries: Industry are linked with innovation and alumni, providing commercially attractive technologies spanning the energy value chain, and top talent to enhance innovation. Start-ups, scale-ups, and innovators receive tailor-made support to boost and de-risk business cases and speed up time to market. Students and learners have access to master’s programmes at 16 top technical universities and business schools. The global workforce have access to more than 35 courses, provided in 10 languages, to equip them with the skills required to create a sustainable economy. Our impact As a result, we have built the largest sustainable energy innovation ecosystem in the world: We have supported 500+ sustainable energy innovations and invested in 200+ companies, all on track to generate 110 billion in revenue and save 2.1 gigatonnes of CO2e accumulatively by 2030. 90% of our start-ups already work with global brand names including ABB, BMW, EDF, Engie, Volkswagen, Galp, Schneider Electric, Naturgy. Our EIT InnoEnergy Master School has attracted students from almost 100 countries. We now have more than 1,600 graduates making an impact in the energy transition all around the globe. Decarbonising Europe We are also spearheading the way to a decarbonised Europe by 2050 through the leadership of three industrial alliances: battery storage, green hydrogen and solar photovoltaics. These alliances bring together the knowledge and experience required to support large industrial projects, which directly impact the energy trilemma: reducing the cost of energy, limiting greenhouse emissions and increasing availability and security. Ultimately, these actions play a fundamental role in realising our goal of a carbon neutral Europe by 2050. Our ecosystem All this is made possible thanks to our rich network of more than 1,200 key players from 18 different countries. Together we act as a key vehicle for the energy transition and make up the ingredients needed to bring a constant pipeline of sustainable energy innovation to market. Established in 2010 and supported by the European Institute of Innovation and Technology (EIT), we have offices and hubs across Europe and in Boston, US.

The firm has been invested exclusively in tech potential in the Baltic States for over 10 years. Practica Capital backs great founders in their ambition in seed (selected pre-seed), and Series A stages, and partnering with them as company builders. Practica Capital manages four funds with more than €1300m in AUM. To date, the firm made over 60 investments, including great companies like PVcase, TransferGo, Interactio, Eneba, Ovoko, Atrandi Biosciences, CGtrader, and others.

Earth Venture Capital (EVC) is a global venture capital firm that seeks to empower digital solutions tackling climate change, while having the potential to deliver significant financial return. Believing that the next generation of unicorns will be climate tech startups, we aim to leverage the power of entrepreneurship to achieve these three climate goals: (1) to abandon petrol and diesel, (2) to store carbon and reduce carbon emission and (3) to switch to renewable energy.

We utilise our network and experience in both early-stage energy businesses and large-scale energy asset deployment to identify and evaluate the energy transition solutions of tomorrow. Virida is an innovative fund that contributes to the energy transition by addressing the funding gap during the commercialisation stages of capital-intensive scaleups We support strong management teams working in the energy transition to scale their businesses. We identify structures to de-risk and grow companies to attract large capital volumes of infrastructure investors Exceptional Team: Complementary team of senior sector specialists with significant experience in energy transition investment, management & advisory Proven Expertise: Solid track record in the financing, development, construction and operation of renewables as well as in company building for > 2 decades Market Need: While an increasing share of VC & PE capital flows into energy, asset-heavy scaleups face a funding gap Virida Capital is backed by the Green Giraffe Group, consisting of 170 professionals across four continents who have accumulated deep energy transition sector knowledge and a large partner network Green Giraffe Group are finance pioneers in the energy transition since 2010. Approach We use our specialised sector knowledge to create value Deep in-house knowledge of the energy sector, project finance and operational growth management Access to a growing network of specialist capabilities to support early-stage ventures Sector: Energy Geography: Europe Ticket size: EUR 3 -10 M Investment strategy Virida will leverage substantial investment opportunities beyond traditional wind and solar energy to enable seamless system integration Investment criteria Capital intensive: We invest in new energy transition technologies and business models with a hardware component, which require a significant amount of investment to establish, grow and scale Positive climate impact: We only invest in companies which contribute significantly to the energy transition and have a clear commitment to uphold high environmental and social standards Technology readiness level (TRL): We invest in technologies which have successfully demonstrated technical feasibility. They are in the prototype validation or full-scale field demonstration and commercial deployment phase (TRL 6-9) Clear path to cash-flow: We invest in high-growth companies to support them in their growth and profitability strategies, such as scaling operations, optimizing sales and pursuing strategic partnerships. A pipeline of future revenue generating projects exists

Comrades who are eager to change the world, connect with us. With JERA Ventures, reshape the world no one has ever seen. Change the norm and deliver new value. Bonding, collaborating for brighter future. Brave and committed challengers, ready to rock the world. Time to answer the call now. Mission JERA Ventures connects JERA with the world to facilitate open innovation and deliver the best experience to all people. Vision JERA Ventures will be a sandbox for people who are serious about changing the world. ValueBe open to new ideas, challenge with passion. Get connected, be the catalyst for change. We can reshape the world. Be True. Do good. Theme Go beyond the norm, Create the best. JERA Ventures makes strategic investment totalling 300 million USD in the following 3 areas; Energy transformation: Decarbonization technologies including making existing energy business smart, developing hydrogen and ammonia value chains, and renewables. Customer centric: Digital technologies that offer new value to customers using digital energy platforms, AI, blockchains, etc. Corporate: Well-being, femtech*, and other technologies that contribute to the virtuous spiral of employee happiness and corporate value creation. *Femtech: A neologism combining “female” and “technology” that refers to products and services that address women’s health issues.

Link Capital is an early-stage venture capital firm, making investments into early-stage startups across Europe. Currently investing out of its third fund, Link III – Energy Transition Fund, Link Capital has made more than 70 investments into startups. Since inception of the first fund in 2016, Link Capital has successfully directed five of their portfolio companies to an initial public offering, amongst numerous other exits (M&A, asset sales). Today, Link Capital is one of Europe’s most active early-stage investors in the energy transition. In Link III, all twenty-six portfolio companies actively contribute to the decarbonization, decentralization and digitalization of our economies. Currently, investments in Link III are focused on the following five sectors: (i) electric vehicles, (ii) clean energy, (iii) energy storage, (iv) mobility, (v) software and others.