Walter Ventures

Specialization is at the core of what we do and enables us to make a real impact. We bring a deep understanding of B2B operations and enjoy supporting on go-to-market, scaling your organization or working on budgets and benchmarks. Investment focus As European first-mover, we invest since 2013 into a new generation of European B2B software companies. Our focus is in particular on solutions enabling the digitalization of medium and large enterprises. We primarily support teams working in the areas of process optimization, industry 4.0 and data-enabled solutions. We join the journey after a startup has product-market fit and generates a minimum of EUR 30k MRR with 10+ customers. In this crucial phase, building a scalable sales model, creating a performance-driven HR approach, and expanding internationally are key to raising a larger subsequent growth round. And we can help you get there. Our initial investment is up to EUR 3m in rounds of EUR 1-5m.

RockawayQ is the newest investment division of Rockaway Capital, focused on leveraging AI to transform established B2B companies into leaders. Our unique mix of company-building DNA and proactive approach has led to a decade of proven success in technology investments. We believe in partnering closely with our companies, guiding them to become global leaders through state-of-the-art technology innovation. We are more than just investors; we are partners and company builders committed to fostering value creation through direct involvement and technological expertise.

Hi Inov is a European B2B fund made by entrepreneurs for entrepreneurs and based in Paris, Lyon and Munich. We support outstanding hypergrowth companies who transform the ever-changing services and industrial landscape with their innovative digital deep-tech technologies. Our highly experienced venture team will guide you from your humble beginnings to becoming tomorrow's industry category leaders. Backed by a strong network of potential clients, partners and experienced advisors, we will not only help you become champions on your home market, but also quickly open the doors to the French and German markets and support your global expansion. We take you from the starting blocks to over the finish line We invest between €2 and €10 million, as lead or co-investor, in startups that provide digital transformation solutions to SMEs and large businesses. We love to support innovative companies at their Series A and B stage. The Hi Inov funds are backed by the Dentressangle family investment holding, successful digital entrepreneurs, family businesses, large corporates and institutional investors. In total we manage a combined capital of over €170 million. We invest in bold, transformative ideas The focus of our digital B2B investment is on strong robust technologies that help our industries accelerate the digital transformation of their core processes. Our investments target major markets that have large technological barriers to entry or innovative business models. We always seek to bridge the gap between the traditional economy and innovation, and want to offer our LP network a unique selection of next-generation companies that help digitize business operations with transformative technology.

Our focus is on B2B software, and we are committed to partnering with companies that are well-positioned to capitalize on the megatrends shaping the future of how businesses leverage software in their day-to-day operations and interactions. As early stage investors, we provide our partners with the resources and support they need to grow and scale. Our team has extensive experience in supporting companies throughout different stages of growth, and we leverage our network of industry contacts, strategic partners, and investors to help these succeed. Our presence in key cities in Europe and the US allows us to provide valuable insights and connections, helping our partners expand into new markets and grow their businesses abroad. We are committed to helping our founders build successful ventures with lasting impact and value. We believe in the power of partnerships, and we work closely with our portfolio companies to help them achieve their goals and realize their full potential. WE LOOK FOR FUTURE TRENDS NOT PRESENT HYPES Targeting companies addressing the mega-trends shaping the technology of tomorrow WE ARE BE MORE THAN JUST CAPITAL PARTNERS Creating genuine partnerships and providing aligned and operational support to accelerate growth WE BELIEVE IN PEOPLE WITH DISRUPTIVE VISIONS Who seek to transform industries through innovative technology and unique approaches

We are entrepreneurs and operators and have been working together for over 25 years. Investment thesis. Focused on Software++ We invest in enterprise software companies building mission-critical solutions for their customers that also have two additional characteristics (or plusses, as we call them) that are truly differentiating: + Transformational tech The first plus is technology that enables transformational, rather than incremental, change. The kind of technology that has the potential to materially impact the underlying value proposition within a specific domain. Technology that is so valuable in its own right that it is both a hedge against the company’s business model and a significant valuation multiplier. + Multi-layered monetization strategies The second plus refers to monetization strategies that go beyond typical SaaS licensing fees. Typically a byproduct of their business model, such companies have other inherent value that goes beyond traditional revenue. That value comes in the form of the unique and proprietary datasets they have created, the technical artifacts they have developed, or the network effect of an ecosystem. We refer to the conversion of these two features as Software++, a combination that consistently gives companies a major competitive advantage while dramatically increasing their upside potential. Stage: Seed and Series A Geography: California and Texas Industry: We are sector and vertical agnostic, and seek out high-performance companies Initial checks: $1 million to $5 million (often the first institutional investor) Follow-on checks: We double down on winners and can invest up to $10-20 million to back them across their entire lifecycle Driven by our values. Teamwork: Venture capital is a team sport. We work with other investors and our LP base to bring founders the support and expertise they need to succeed. Mutual respect: We always have our founders’ backs, and expect them to have ours. Alignment: Our success hinges on staying aligned with our founders and our LPs and working together to everyone’s benefit.

Technology is driving fundamental transformation across all industries. By leveraging technology and data, tech entrepreneurs are quickly solving complex problems and identifying new opportunities, with extraordinary results. Established industry heavy weights with their experience, footprint and infrastructure can either be a target for disruption or emerge as natural partners to tech companies and together with them champion this new world. Arc The Gap arc investors invest in impact driven entrepreneurs and extraordinary technologies that will transform traditional ecosystems. As investors with a background in and access to legacy industries, we act at the intersection of industry and technology. In connecting relevant dots from both worlds we see a unique opportunity to improve the odds for success, to validate and de-risk as much as to fast-track access and scale. Ultimately we believe this creates unique risk-reward situations. Where We Arc We can and do engage at any point in an exceptional entrepreneurial journey across sectors, including in special situations. We have a preference for B2B or B2B2C solutions in the fields of Industrial & Enterprise technology, Fintech and Digital Health. We are attracted to ecosystems that have distinct and deep sector and domain expertise and share our ambition to drive transformational change for industry at an enterprise level. Arc ValuesENTREPRENEURIAL: We are curious, courageous and committed, such as the entrepreneurs and ecosystems we engage with. IMPACT DRIVEN: We hunt the quick wins as we simultaneously work hard and persistently on the longer shots. We want to make theories a reality, driving action and outcomes. AGILE: We believe in a simple, fast, direct and informal communication and collaboration. PARTNERSHIP: We believe in relationships based on trust and respect. We count on our partners and they can count on us. Arc An arc connects two points on a curve. Due to its unique foundation and structure, it supports more weight and offers more flexibility than any straight line.