Social Planet Ventures

The Kapor Center is a family of three distinct organizations working under a shared mission to remove barriers to Science, Technology, Engineering and Math (STEM) education, and tech careers, and tech entrepreneurship for underrepresented people of color. SMASH: A 501c(3) public charity which operates STEM education programs. Kapor Capital: A seed-stage investment fund. Kapor Foundation: A 501c(3) private operating foundation. The Kapor Center aims to enhance diversity, equity, and inclusion in the technology and entrepreneurship ecosystem through increasing access to tech and STEM education programs, conducting research on access and opportunity in computing, investing in community organizations and gap-closing social ventures, building diverse and inclusive companies, and increasing access to capital among diverse entrepreneurs. The three organizations are supported by a robust operations team - employed by a separate entity, Kapor Enterprises, Inc. (KEI)- , which provides finance, accounting, human resources, people operations, IT, events, legal, special initiatives, and other operational support. REBUILDING A MORE EQUITABLE TECH SECTOR, ECONOMY, AND SOCIETY From systemic racism and economic inequality to the growing role of tech in all aspects of our lives, we are in a historical moment that requires urgent, bold, and innovative solutions. The Kapor Center’s work focuses at the intersection of racial justice and technology, and we are doubling-down on our work to fight for racial justice and create a more inclusive technology sector. We understand that systems of inequality are at play–and we work to intentionally dismantle barriers to the creation and deployment of technologies across the Leaky Tech Pipeline through research-driven practices, programs, partnerships, and policies.

Frøya Ventures AS is an investment company that aim to realise the untapped value potential from underinvested ideas and markets, with the ambition to provide our investors with excellent returns. Frøya Ventures invests to solve global challenges, to leverage technology for increased impact and to accelerate gender equality. What we aim to achieve.Accelerate innovation, value creation and the green shift while aiming for excellent returns Access undervalued or underrepresented markets and ideas with a toolbox that unlocks value Attract promising start-ups through a different set of values and a supporting expertise network Achieve impact investments that improve progress towards UN Sustainable Development Goals Address the threshold keeping women from venture capital to increase value generation Attain improved female representation, diversity and equity across business and finance How we do it The founders of Frøya Ventures AS are passionate about diversity, equity and inclusion, and we aim to realise the value potential from this across business and finance – for instance by enabling women entrepreneurs. Our background and structure set us apart from traditional venture capitalists and provide a great platform for supporting and accelerating the growth of the start-up companies in our portfolio. These companies get access to an extensive expertise network, and a member of the Frøya team will sit on their Boards to actively advise entrepreneurs and management so that they achieve their targets. Where we invest Our investment themes have been selected based on the strong fit with the team’s expertise and experience. All our investment themes are chosen on the basis of the UN’s Sustainable Development Goals

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.

Investing in Ambitious Start-ups Changing the future of work. Whether providing access to work opportunities, improving career development, enhancing diversity and inclusion, providing financial stability, supporting wellbeing, or fostering flexibility, worker-centric transformation is possible. Our portfolio companies provide solutions that add up to a positive impact on workers and improve value for employers. Our Approach. High-Conviction, Hands-On Investors to Early-Stage Companies We establish relationships throughout the venture lifecycle and, depending on the stage of the business, apply different investment strategies and support. We encourage shared learning and synergies across our portfolio, and provide relevant advice and hands-on value-add in the following areas: Team development & leadership alignment Go-to-market & sales process build Governance & business process development Commercial strategy Product & technology strategy Our Values. Our Values Guide Our Culture Across NoBa and our portfolio, it’s essential we embody our values, practice what we preach and create an example for the venture ecosystem to walk the talk. Honesty: Pragmatic honesty enables trust. Collaborative: Demanding collective excellence. Difference Makers: Prideful risk-taking for impact. Agile: Logic-driven speed creates efficiency. Disruptive: Challenging the status quo.

We are impact-driven and tech-enthusiasts by conviction. We do not only talk tech and science, we have a passion for positive innovations. Here are the sectors in which we like to deep dive and invest. 4 investment sectors XAnge focuses on making tech accessible to the largest possible audience. We firmly believe that the unequal access to tech, to the right products & services is the issue to solve. Democratizing tech is the best means of empowerment for all groups and individuals - if not the only one. Data XAnge believes that major paradigm shifts, such as the inception of mobile telephony and the Internet, trace their origins to scientific and technological innovations that were as highly disruptive as those that paved the way for microprocessors. We seek to invest in start-ups that are ready to meet such great challenges, staffed by visionary teams bent on expanding the capabilities of technology without losing sight of the product/market fit. Care Care means paying stronger attention to ourselves. It means protecting the quality of our environment, at work, at home or in transports, and preserving balance in our ecosystems. Care implies vigilance, as much as relentless efforts to build sustainable solutions. We invest in care to improve everyday people’s quality of life, at scale, by generalizing access to affordable & efficient healthcare, education and better housing for all. Trust It’s no surprise that the fastest growing tech brands are also the most trusteds. As investors, we have the ability to direct streams of money towards a new breed of brands, not the Coca Cola and Pampers of the XXst century. We need Brands people can trust and relate to. We’ll support founders who genuinely strive for everyone to benefit - not just a certain segment - from new brands powered by technology. Impact We, at XAnge, feel that technology is a powerful force to trigger change efficiently, and to remodel social and environmental schemes in a sustainable way. As one of France’s pioneers in Impact Venture Capital, we have identified 6 major areas from among the UN Sustainable Development Goals, where startups can make a significant impact : sustainable Food and Housing; Environment and Cleantech; Open Data and Safety; Health and Well-being; Social inclusion, Cohesion and Transition; Ed Tech and HR Tech

We envision an inclusive economy that thrives with innovation by realizing the value and potential of each of us. Our Mission: Building the Future Together We aim to transform people, companies, and industries in order to build a more equitable and inclusive economy. We work with today’s leaders to create long term growth by integrating diverse perspectives and dismantling personal, organizational and systemic barriers to inclusion. We are creating a new class of companies by investing in the next generation of inclusive ventures We believe that an inclusive economy thrives with innovation by realizing the value and potential of each of us. We build an inclusive economy alongside companies and people like you. We believe in the possibility of a brighter future. Let’s Build The Future Together We pledge to build a brighter future. We envision an equitable, entrepreneurial future, and we come alongside diverse leaders to build that future together.