Tao Capital

Forgepoint Capital is a multi-stage venture capital firm that invests in transformative companies protecting the digital future. We partner with exceptional entrepreneurs defining and tackling the biggest challenges in cybersecurity and infrastructure software. APPROACH Our mission is to ensure a safer and more prosperous world by investing in the innovators shaping and securing our digital future. We combine a thesis-driven approach with hands-on experience backing and building great companies. OUR FOCUS Security is fundamental. Software and systems must be secure. As technology and markets have evolved, we’ve broadened our definition of cybersecurity to include critical adjacent technologies (AI/ML, Blockchain, Cloud, DevOps, Insurtech, Fintech, and Privacy). We specialize in cybersecurity. Some go wide, we go deep. We’re strategically focused on this challenging space and bring a disciplined approach to how we invest and help companies grow. We are multi-stage. We invest early to growth, but a majority of our investments are Series A and B. We know what it takes to achieve enterprise scale and become a market leader. We are hands-on and involved. We work hard to be your most important partner, sharing our insights and connections along with the help of our Advisory Council and operating team. OUR MISSION From first call to exit. Conviction matters. Cybersecurity is not a theme but our focus. We understand your product, market, customers, and competition. Time is valuable. From strategic capital to critical introductions, we move fast and flexibly to meet your needs and timing. Relationships are not transactions. We are committed to building a trusted and thriving community of innovators. On your team. We show up every day, not just at the board meeting. We work proactively to help you scale faster. In your corner. Companies rarely advance in a straight line. We are long-term partners – in good times and bad. Commitment to ESG. We are proud to be a founding signatory of ILPA’s Diversity in Action Initiative and an active participant in the ILPA’s ESG Data Convergence Project. Our commitment to Environmental, Social, and Governance (ESG) criteria starts with our diverse team, which is passionate about creating positive societal change. As impact investors, we abide by responsible investment pledges. We incorporate ESG into every aspect of what we do and invite our portfolio companies to do the same.

Passion Capital is a partnership of entrepreneurs and operators who are applying our experiences to helping founders and early-stage teams build great digital media/technology companies. We are Stefan Glaenzer, Eileen Burbidge and Robert Dighero. We have been personally involved in the largest European technology exits of the past decade, including the biggest exits of the year for 4 of the past 10 years by market value (Ricardo.de acquired by QXL, Skype purchased by Ebay, Last.fm acquired by CBS, and QXL/Tradus acquired by Naspers) - and want to be involved in many more. We believe that the critical differentiator and key asset of a successful business is the passion and ability of its founders. We are committed to fostering an ecosystem of technology, collaboration and executional excellence in Europe. As an example of this, White Bear Yard is our own hub for activities, ambitions and energy… and where have fun in the process.

A unique model - tailored to the needs of owner-managers. Lineage was founded on the core values of trust, respect, teamwork, and commitment - ideals that provide a foundation for our strong partner relationships. For business owners who share these values, the uncommon structure of a Lineage partnership can be a way to comfortably achieve short- and long-term business and personal objectives. For nearly two decades, we’ve partnered with owner-managers who desire liquidity while continuing to benefit from the future financial success of their business. Our investment model allows owner-managers to realize current value in their business to help their company achieve its full potential while retaining board control. We deliver value - as active board members and partners to management teams - by bringing experience and resources to promote long-term growth. At Lineage, we understand that the success you’ve generated transcends what appears on a balance sheet. We know that you and your team, the culture you’ve established - even your vendors and suppliers - play a critical role in the success of your business and we strive to further develop these relationships. When owners are contemplating liquidity strategies, succession planning or taking on an equity partner for growth, tough questions often arise: Am I willing to give up control of my company? Will an investor or strategic acquirer disrupt the culture I’ve worked hard to create? Can I continue to play an active role in operations if I’d like to? How will my employees, customers and suppliers react to a transaction? As our portfolio companies will tell you, Lineage’s partnership structure alleviates these concerns (in contrast to traditional private equity or strategic acquirer structures). You retain control over your board, relationships, and culture - while simultaneously meeting your objectives and gaining access to an experienced partner committed to the future success of the business.

Carthona Capital was founded in 2014 when a group of like minded venture investors came together to invest on a deal-by-deal basis. Since then, Carthona Capital has shifted to a more traditional venture capital fund structure, and is now deploying its third fund with approximately $400m in funds under management from a mix of Institutional (Superannuation), Family Office and High Net-worth investors. Our Approach At Carthona we like to invest very early - our initial investment into a business is usually at the Pre-Seed, Seed, or Series A stages. We then like to follow-on strongly and continue to deploy larger amounts of capital as the business matures - in one instance we have supported a business by participating in seven different independent financing rounds. We are highly thematic in the opportunities we look to invest in. We are extremely hands-on with our portfolio companies.

We believe the next wave of high-performing ventures will be built by operators with deep domain insight and a bias for execution. We focus on models with clear unit economics, paths to early profitability, and the potential to scale with discipline. HOW WE BUILDWhat we bring to the table Our Ideas: 2-3 Cases that (i) we have ideated, (ii) we have a strong believe in and (iii) that are ready to being validated together Our Capital: We invest our own money to provide you with the required pre-seed investment + our network of Angels, Investors and Family Offices for potential follow-up investment Our Hands: We support from day 0. We co-build. We get our hands dirty. We are on the ground with you What you bring to the table Your Heart: Dedication, drive and the desire to build a profitable business with us over the next 5-10 years Your Brain: A proven track record in building and operating at the highest standards in a high pressure environment Your Attitude: You fully own the case even if we bring in the initial idea. You have the confidence to challenge everything we say and do and proof us wrong WHAT WE BUILD Capital efficiency and sharp execution beat hype and burn. We invest early and support relentlessly. Profitability matters: Most startups we back aim for operational profitability early.Capital efficiency isn’t optional. It’s a mindset. Execution over narrative: Too many founders raise on vision. We back those who execute – shipping, selling, scaling. VC is broken: Too much capital follows the same playbook. We invest in overlooked markets, underfunded verticals, and founder archetypes the industry ignores. Outdated verticals, low competition: We focus on unloved industries where execution is key and competition is weak. Think: old problems, solved with new precision. Positive Unit Ecos from day 1: Our ventures are designed to become CM3-positive with a lean, capital-efficient setup - often after a single seed round. AAA+ operator teams only: We only work with founders who build and operate at the highest standards. No tourists, no pitch decks - just proven operators.