Redalpine

Cabra Venture Partners builds and backs early-stage venture funds in DeFi, sustainable tech, and impact-driven innovation. We're the team behind Ñuhu VC, our first DeFi fund currently in development and designed to power the future of open finance. We back founders solving real problems. We want to hear from you, whether you're building the future of decentralized finance, closing the global wealth gap, or empowering communities through sustainable tech. We're in the trenches with you: helping with multi-chain integration, go-to-market strategies, early partnerships, and pitch prep for future rounds. We bring hands-on experience in DeFi, business development, and sustainability to every founder we support. We act as your growth team and strategic advisors, helping turn your vision into traction. Funding Stage: Pre-seed to Seed, with active support from day zero. Verticals We Back: Decentralized Finance, Planet-Positive Tech, and Impactful Innovation. Operators at the Core: We’ve built, scaled, and know what it takes. In It Together: You get operators, strategists, and experts in your corner. Where capital meets conviction and impact multiplies. We partner with LPs and family offices who believe in decentralized technologies, inclusive fintech, and bold entrepreneurs from emerging markets. At Cabra Venture Partners, you get early access to carefully vetted, high-potential opportunities in open financial infrastructure. We don't just share decks. We build long-term partnerships rooted in trust. Curated Deal Flow: Early access to vetted, high-potential opportunities across frontier tech. Trusted Introductions: We connect you with aligned LPs, founders & co-investors we genuinely believe in. Conviction Sharing: We put our voice, network, and time behind every founder we back. Multiplied Impact: Investments that deliver returns, equity, and systemic value at a global scale.

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.

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

SCOR Ventures is the venture investment arm of SCOR Reinsurance, responsible for both investing in and creating partnerships with startups across the insurtech landscape. Since 2017 we have built a global portfolio across three theses: (1) investing in tech-driven underwriting companies (MGAs, carriers) and distributors, (2) software solutions that benefit SCOR and/or our clients, and (3) companies that help people live healthier lives. Our investment scope includes both investments and commercial (re)insurance relationships with startups. We predominantly invest at late Seed / Series A and are interested in a broad range of B2B and B2B2C solutions across MedTech, wellness, wearables, data platforms, and software / AI platforms. What we’re looking for We invest across three thesis areas: Thesis 1: we invest and partner in the ‘Insurers of the Future’: tech-driven underwriting companies (MGAs, carriers) that offer multiple points of digital and business model differentiation across P&C and L&H. We provide direct access to SCOR expertise and our global network to help portfolio companies scale and/or access (re)insurance capacity. With a proven track record of supporting innovative underwriting propositions across multiple lines of business, we understand product development, program structuring, underwriting, pricing and distribution and thus have the capabilities to optimise partnerships between insurtechs and business partners. We predominantly invest at late Seed / Series A. We are class of business agnostic and have partnered with companies across a broad variety of personal and specialty lines. Thesis 2: we invest and partner in software solutions that benefit SCOR and/or our clients. We provide a broad understanding of the interests and pain points of insurers across the world, and the potential to connect companies with insurers through SCOR’s client services initiatives. We predominantly invest later stage vs. Thesis 1 (typically Series A-B) but have occasional appetite for Seed. We prioritise companies: developing data, tools, and methods for obtaining, understanding, pricing and transferring large portfolios of pre-aggregated risks, high-value individual risks such as energy facilities and construction mega-projects, and MGA/coverholder business delivering economically valuable additional services offering a visible outcome which can be used to boost client management or reduce risks. Focus areas include front-end (e.g., underwriting & pricing) policy administration, modelling, risk analytics, and claims developing platforms where insurance has not previously been embedded / distributed, but where SCOR Ventures sees substantial opportunities to close the global protection gap – e.g., marketplaces, “super apps”, b2b fintech, employee benefits working to solve climate and ESG challenges to support the net zero transition and cut emissions for SCOR and SCOR clients. Focus areas include ESG reporting, climate risk analysis and data, carbon offsetting as a solution, circular economy, diversity, equity, and inclusion (DEI) tech, and supply chain transparency. We also see several opportunities in the green insurance product space including solar production or maintenance guarantees, wind input parametric products, solar physical asset damage, cat-bond / ILS and insuring carbon credit projects. Thesis 3: We invest at the intersection of health and technology and partner with companies that help people live healthier lives, deliver in-force or claims outcome improvements, develop new business or add to SCOR’s Knowledge Center capabilities, and assist our clients to transform their offerings. We predominantly invest at late Seed / Series A and are interested in a broad range of B2B and B2B2C solutions across MedTech, wellness, wearables, data platforms, and software / AI platforms. How we operateIntegrated in the wider SCOR business: Direct access to the entirety of SCOR’s capabilities brings unique added value to our portfolio companies. SCOR’s core business has experts in nearly every country, line of business, and functional area, while SCOR Partners bring a broad range of client services, marketing and product development expertise. Mandate: focused on key markets in North America, EMEA and LATAM, with selective deployment in APAC and Africa. Stage and ownership: We invest Seed to Series B. We typically seek greater than 5% ownership at first investment, which may include a board seat (we have led or co-led half of our investments to date). Our investment is intended to make SCOR a meaningful contributor but leave founders room to manage their cap table. We look for a long-term investment and / or commercial relationship but do not seek a fast exit or to ultimately acquire portfolio companies. Partnership approach: we are active supporters of the companies we work with, assisting with technical input, recruitment, capital optimisation and more. The material growth of many insurtech MGAs and carriers has led to increasing demand for (re)insurance capacity; SCOR is a transparent, long-term partner. Insurtechs in SaaS and services segments, meanwhile, have benefited from SCOR’s long-standing client relationships, while SCOR benefits from bringing knowledge, links, and expertise regarding services with genuine value to our clients. We bring value to our portfolio companies by connecting them with other partner companies, as well as with founders and distribution leads in our network. Why partner with SCOR VenturesWe believe in fewer, deeper relationships over the long term. We are flexible and collaborative in our approach, tailoring a solution to your specific needs, in partnership with other insurers, reinsurers, and investors involved in your company as appropriate. We underwrite most major lines of business and geographies globally. We have a global network including insurance licenses but not a competing retail insurance arm. Insurers are our clients, so working with us does not limit your options to associate with insurers. In selected circumstances, we can offer access to Lloyd’s or SCOR’s insurance licenses in the U.S., Europe, Asia, Brazil, South Africa, and other markets. We look to move quickly with direct access to decision makers, whilst leveraging resources and expertise to ensure our partners can build relationships with the appropriate parts of our organization.

We connect climate tech innovators with a deep network of experts and investors to achieve a brighter, more equitable climate future. Why do climate tech entrepreneurs in some parts of the world get the funding, access, and resources it takes to bring great ideas to market, while others get neither the help nor the recognition they deserve? Because funding and access are based on who you know, and what they know. At Third Derivative (D3), we know we can only achieve the rapid, massive tech scaling needed to address climate change by giving more breakthrough thinkers a chance to participate and prosper. By guiding and supporting climate tech entrepreneurs bringing new ideas and innovation to market, we are accelerating the clean future worldwide. Through a vast global network of deep experts, corporate partners, and investors, we help startups go to market faster with their world-changing ideas, create real impact, and transform markets. OUR STORY Committed partners championing the world’s most promising climate tech startups. Founded by RMI and New Energy Nexus, Third Derivative (D3) is accelerating the rate of climate innovation through our inclusive ecosystem approach, which rapidly finds, funds, and scales climate tech globally. We launched in December 2020 with 46 companies, the largest cohort of climate tech companies in the world. By uniting and aligning committed investors, large corporates, and market and policy experts with the world’s most promising climate tech startups, D3 bridges finance and resource gaps to increase speed to market. Our flexible and highly curated accelerator program enables startups to focus on their unique needs and opportunities. Today D3’s collaborative ecosystem includes $4T market cap of corporate partners, $8B AUM of investor partners (across five continents), and over 100 startups addressing climate challenges across all major emissions sectors. Together, we are moving markets to achieve a brighter, more equitable climate future.

We are an early-stage venture capital fund investing in founders with highly technological B2B software solutions, from Seed to Series A all across Europe, North America and LatAm. DEEP UNDERSTANDING OF TECH We are here to fuel your startup’s growth so we will help you bring your ideas to life (alongside your BP, of course). Our track record speaks for itself. We have succesfully developed and implemented technological solutions around the world, granting us a clear vision on how to make this happen and how to not make this happen too. We will pass on these insights to you, sparing you unncessary hurdles.sparing you unncessary hurdles. YOUR VISION, YOUR WAY We will equip you with the necessary tools, connections, know-how, and expertise to develop your business plan while keeping a very straightforward approach. We won’t tiptoe around delicate issues as our ultimate goal is to see you succeed, just as much as you do. WHATEVER THE PLACE We are surrounded by enablers. A handpicked group of tech-leading professionals at your disposal ready to assist you in forging key partnerships, expanding into international markets, and providing deep insights into the world of technology, business and investment on a global scale. MORE THAN A VC As a fund originating from a corporate, we possess an extensive network that reaches far beyond the venture capital ecosystem. Our aim is to assist you in cultivating strong partnerships with other corporations to create synergies that not only benefit our own relationship but also add strategic value to your business. SUSTAINABLE, OF COURSE We are conscious about the importance of working towards a more sustainable future, firmly believing that technology is the cornerstone to build a better world. That is why we actively consider startups that align with this mindset. WHAT WE ARE LOOKING FORSTAGE: Seed-Series A SECTOR: B2B SaaS LOCATION: EU, North America & LatAm TICKET SIZE: €1M - €4M VERTICALS WE INVEST INAGTECH & CLIMATE TECH AI / ML & DATA FINTECH & INSURTECH TELECOM & CONNECTIVITY DIGITAL HEALTH METAVERSE & WEB3