White Star Capital

With offices in Paris, London, Seoul and Singapore, our mission is to broaden the horizon of European technology by providing leading start-ups with the capital for growth and access to Asian markets. Our strong ties with many leading Asian corporates, together with our network in Asian tech ecosystems offer our portfolio companies much more than just capital. Founded in 2016 by Fleur Pellerin, former French Minister for Innovation and Digital Economy, Korelya Capital (a Korelya Groupe company) is an investment platform with over EUR 500 million under management. We back the most ambitious founders in their journey to build global technology champions by sharing our passion, experience and market reach. We are thesis-driven investors supporting exceptional founders at every step of their journey We seek out exceptional and talented European founders who put global ambition at the core of their mission and then work relentlessly with them to achieve it. We focus our sourcing on well-defined investment theses and criteria and we are quick to recognise if a business is not for us. Once we partner with a founder, we are highly engaged: we know the challenges of scaling across multiple markets faced by our companies and we leverage our network and expertise to make the journey a success. Advocates of a sustainable tech ecosystem. For decades, sustainable development has steadily grown in public opinion and business and political agendas globally. Organizations large and small are increasingly accountable for their social and environmental footprint. While legal and statutory obligations today almost exclusively concern large corporations, we believe sustainability should be an integral part of corporate agendas at every stage of a company’s journey, for both ethical and economic reasons. We are convinced that companies embracing societal and environmental challenges will drive superior value creation in the long term. Europe has a clear head start and an unmissable opportunity to create the next generation of sustainable global leaders. That is why at Korelya we chose to set ourselves ambitious yet realistic sustainability goals, with an action plan designed to lead by example and promote our strong beliefs amongst our portfolio companies.

RRW invests in outstanding European Tech companies. We promote their international take-off by providing significant financial firepower and game changing hands-on support in Europe & the US. Backing EU talents in the US Red River West was created to bring active support to outstanding European Tech Companies that have something unique to bring to the US market and transform them into US and Global successes. Within the team, we all share a track record of building and backing start-ups which became global leaders through EU to US expansion. We see our mission of backing European talents into US and Global successes as of strong impact. Europe is indeed home to a talented, driven pool of highly educated engineers and creative entrepreneurs. But the unfamiliarity with the US market means that too many promising European start-ups do not realize their full potential. US success doesn’t just mean bigger scale and more capital: translating Europe-based talent into US success requires expertise, commitment, and a deep understanding of the different business cultures. Narrow, hands-on portfolio strategy In the way we operate as investors and partners, we fully align with the success of the entrepreneurs we back. We have indeed a narrow portfolio strategy : we invest in only circa 10 companies per fund. It makes it possible for our team to dedicate plenty of time to the success of each entrepreneurs and truly provide game-changing hands-on support on both continents. This approach is really unique in VC and those differentiated foundations have been driving and fuelling our operating and ESG approach since day 1. Real-world impact We see our mission of backing European talents into US and Global successes as of strong impact by design. Europe is indeed home to talented and driven pool of top engineers and creative entrepreneurs, but they too often miss the familiarity needed with the US to scale globally. Additionally, we believe the Tech segments & models we invest in present huge opportunities to serve ESG global concerns, therefore investing in founders that care about their impact is one of our 5 core investment criteria. We have integrated environmental, social and governance best practices in numerous aspects of our own organization, including our proprietary sourcing platform. Bringing support on three ESG pillars Our latest fund RRW II Growth is classified under Article 8 of SFDR regulation, as a financial product that promotes, among other things, environmental or social characteristics. We decided to focus our efforts on three ESG subjects: Ethical Technology People Well-being Carbon Reduction We are convinced that those challenges fully align with our performance as a leading EU to US Tech investor; and this is our differentiated narrow portfolio strategy and operating DNA that allows us to act as dedicated and impactful partners on those three ESG pillars.

AVIVO Capital is a venture capital fund designed to support fearless entrepreneurs in their conquest for global markets. We provide growth capital and share insights, experience, and network of proven global entrepreneurs and investors to make it happen. Our strategy Invest in CEE-based companies with a proven product and help them go global. We offer complete unique VC package of flexible capital, entrepreneurial and investment experience. Unique team’s competence We have seen this movie before. We have built global companies out of CEE. We have invested over $200m in growth equity as well as decided on buying and selling Unicorns. We delivered consistent 3x returns to our investors on our VC portfolio. Now experienced investors join forces with accomplished business builders to help your companies make the most of their global potential, through our investment, business insight and fund-raising competence of our team and our network. Unique startup We invest in companies that solve important problems of the modern world engaging teams with exceptional skills and hungry for global success. We expect at least a validated business model or commercialized technology and a proven product-market fit. Unique investment scope We support founders mainly from Round A through growth and expansion Rounds B and C. This way we can provide startups with longer-term financial support than a typical VC fund. We might invest in pre-A Round on an exception basis together with another renowned VC fund. Unique investment product As a 100% private fund we have exceptional flexibility in terms of financing. We tailor investment to company needs, not the other way round. Together with founders we determine the best financing for the company. We support businesses via investments in equity, providing convertible loans or venture-debt. We help companies also with special situations, e.g.: debt-to-equity conversion or pre-IPO. Unique geographical mandate We focus on Central Europe, but we are open for investment opportunities outside of the CEE Region. Our management team invested across Europe, Asia and the US. With that first-hand experience we will support our companies in global expansion.

We have been on the ground in Europe for over two decades building a unique understanding of what it takes for a start-up to become a global champion. Supporting European founders from Seed to IPO.22 years investing in Europe $4.5BN raised to invest in European technology >300 companies backed since 2000 We support Europe's leading technology businesses We have one of the largest and most experienced venture teams in Europe. We are all fully committed to supporting our Founders at every stage of their journey. We believe the next European giant will be a technology company For a millennium, Europe was the cradle of innovation. Yet today, only a few of its largest enterprises are technology companies. We believe this will change. The continent’s long tradition of innovation and substantial engineering talent, along with ten years of ecosystem development, have come together to create an environment where startups can scale to become large companies with global impact. Technology is everywhere and transforms every industry. It has the power to generate very large companies in a short period of time. Our ambition is to nurture these future giants in our portfolio. We believe in pioneers with outsized ambitions We believe in people with grand plans. Who think big. Who are fearless and determined. Entrepreneurs who want to build formidable enterprises on a global scale. Founders who see way beyond personal financial gains. Individuals on a mission to create an extraordinary future. These pioneers are rare. They can come from every educational and personal background, and from every country in Europe. That’s why we clock over a million miles a year to seek them out – and when we find them, commit to working tirelessly with them. We believe in engineering serendipity As entrepreneurs and founders ourselves, we know that building a business is not a linear journey. Sometimes, it is serendipitous meetings that spark game-changing inspiration. It is a question of being in the right place at the right time. To leave these moments to chance is to waste the power of possibilities. We believe that serendipity can be engineered. That's why we are committed to nurturing a community founded on networking. We host hundreds of events a year at our HQ in London and across Europe, and we work our extensive network to connect our companies with mentors, board members, customers and new friends. Our Collective infrastructure connects our portfolio companies to each other in ever-deeper, mutually beneficial ways. All to tip the odds in favour of our entrepreneurs. We believe in creating an unfair advantage We and our portfolio companies share a deep desire to win. That’s why we are driven to give our entrepreneurs advantages their competition cannot match. Every day, we draw on our expertise: years of investing, hundreds of IPOs and exits, our personal experience building successful multi-billion dollar tech companies and, crucially, our unique global network from our portfolio to our Executive Council. By deploying maximum resources – from helping find the best talent to advising on global expansion – we seek to create an unfair winning advantage for every company in our portfolio. We believe in the power of ethics We don’t see ethics as an impediment to success. On the contrary, we believe an ethical core is a critical element of every great global company. Ethical decision making, practiced at all levels of a company, creates more sustainable business practices, better financial outcomes, and stronger organizations. We seek companies and entrepreneurs who share this same belief. At Balderton, we are dedicated to winning, but never to winning at any cost. This means we are committed to behaving with the utmost integrity with entrepreneurs, investors, each other, and with our community at large. Every day, we will challenge ourselves to improve not just what we do but how we do it. Our values are the principles that drive our work every dayPassionate about winning We aim to build the best venture firm in Europe We work hard to win the hearts of the entrepreneurs We encourage our entrepreneurs to take risks and to think big Rigorous in our thinking We debate hard and value smart thinking, based on facts and data We aim to develop strong convictions around key decisions and avoid soft consensus We challenge the status quo and aim to excel and raise the bar in everything we do Trusted partner of the entrepreneur More than providers of capital, we aim to be the trusted partner of the entrepreneurs We are straightforward and honest We are here to help entrepreneurs go through the hard challenges of building great companies Collaborative and ego free We work together, and challenge each other, but do so in a friendly and supportive manner We are an equal partnership, and as such, we will bring all the resources of the firm at the service of the entrepreneur We value humility and know not to take undue credit. Success belongs to the companies and the entrepreneurs Responsible investors Integrity is the backbone of our firm. It dictates how we operate with everyone We integrate ethics in our investment decision making We aim to drive values of integrity and responsibility in the entire portfolio

As Dutch/German scale-up investor we invest since 2006 in European scale-ups across 7 countries. Driven by AI, deep learning, quantum computing and democratized algorithms, we execute on our Intelligent Empowerment thesis. Shift happens; we are supporting those entrepreneurs who drive that change and will shape the future. We have assisted most of our portfolio companies with their Buy & Build based on which 30+ add-on companies have been acquired expending overall into 22 countries. Out of our three homemarkets Germany, The Netherlands and Sweden we invest with our current €303M fund in multiple European countries. We care: entrepreneurs in who we invested for the second time, portfolio entrepreneurs who invested in our own funds, former employees who came back and so on. We strongly believe that growing scale-ups rapidly is all about saying NO to numerous activities. We are PRI signatory and highly value the principles for responsible investments, promoted by the United Nations Endeit Capital stimulates various initiatives to encourage entrepreneurship Based on our ‘Thinking BIC’ philosophy (Believe, Innovate & Internationalise, Collaborate) we stimulate entrepreneurship in numerous ways. Key supporting activities we co-founded are LOEY Foundation (Leading Online Entrepreneur of the Year; co-founded in 2010), Venturepreneurs’ Organisation (serial German entrepreneurs being angel investors; co-founded in 2010) and VEECEE (Young VC professionals; co-founded in 2015). Endeit Capital is also one of the two Founding Partners of ai.nl (making impact disrupting technologies comprehensible). Besides we are involved in various other activities such as Jong Ondernemen (Young Entrepreneurship Foundation), ACE(Amsterdam Centre of Entrepreneurship), #FundRight, Techstars, Accenture Innovation Awards and accelerator programs from Rockstart, Startupbootcamp and Microsoft.

We back founders and teams who want to win in the world's biggest markets. We’ve built companies, operated in global markets, and provide much more than capital. 95% of portfolio company revenue is generated outside of Australia and New Zealand. Operating experience in global markets, VC-backed companies, leading funds, and big tech. Face-to-face support in New Zealand coupled with reliable, in-market connections, advisory, and expertise. Executive Expertise Without the Burn Rate We partner with our portfolio companies to help them grow with been there, done that experience and empathy. Global Connections on Demand We’ve spent years working in the world’s leading global technology hubs, building extensive networks. Tap into our connections to go global, faster. Support Through Your Growth Journey Our in-house and advisory experts specialize in each aspect of the growth journey, from raising capital to go-to-market strategy and operational excellence.