Burda Principal Investments

Lakestar has a strong entrepreneurial spirit and works along side ambitious founders to create successful companies Lakestar operates in early and growth-stage ventures by partnering with outstanding entrepreneurs worldwide, focusing on internet and technology companies that can quickly achieve global scale. Founded by Klaus Hommels, one of Europe’s leading venture capitalists, Lakestar has invested in many of the companies that define today’s digital economy, including Facebook, Spotify and Skype, and more recently Opendoor, Omio, Glovo and Revolut. Lakestar has a presence in Zurich, Berlin, London, New York and Hong Kong.

Rockaway Capital, the investment group founded by Jakub Havrlant, operates primarily in the areas of e-commerce, e-travel, media, blockchain and venture capital, as well as a few other fields. It is not always easy to label what we do. While we primarily focus on Internet businesses, our interpretation of the term “internet business” is far beyond its traditional meaning – what we simply do is we build strong companies with the use of the digital technologies, irrespective of the sector and industry. Like “what we do”, the way in which we work cannot be clearly defined. We incorporate the best practices from the world of both strategic and financial investors and we honor opportunistic approach. We are not limited by the size of investments, as we invest amounts ranging from hundreds of thousands to hundreds of millions of euros. We do not set fixed investment periods, so cooperation may persist for only a few years or for much longer. National and regional boundaries are meaningless to us. Most importantly, though, we are not afraid to roll up our sleeves. We actively participate in the management of the companies in our portfolio, thus becoming an integral part and driving force of their respective teams. We have achieved a number of milestones in the form of successful exits, turnarounds and/or establishing successful European platforms in their respective sectors.

CCV Capital is a global venture capital firm with a Silicon Valley pedigree, specializing in early-stage investments while inheriting the legacy of KPCB. Founded by Wei Zhou, the former managing partner of KPCB China, together with the original technology investment team, we seamlessly blend Silicon Valley DNA with unparalleled global reach and deep Asia resources. Drawing from extensive entrepreneurial experience, our founding team has proven exceptional in identifying and nurturing high-potential startups, achieving a 35% unicorn formation rate within our first decade. We have taken the lead in 80% of Series A funding rounds, guiding many to become sector pioneers in going public. What sets CCV Capital apart is our global approach. As globalization evolves, CCV Capital embraces Globalization 2.0 principles, supporting a decentralized, multi-centric approach to global expansion. We enable startups to establish a global presence through strategic regional offices, localized market involvement, and intelligent use of international resources.We empower startups on their strong competitive advantage, fast business growth, international footprint expansion by leveraging the synergies, such as supply chain, talent resource, and proven business model, among East Asia, Southeast Asia and America. Our globally diversified portfolio exemplifies our collaboration with visionary founders propelling innovations across industries. It spans the Americas, Asia, Africa and Oceania, featuring prominent enterprises like Perfect Corp. (NYSE: PERF), MetaApp, Multiway Robots, U Power, Newrizon, Palmpay, Realchar, Aventurier, Pebble, as well as sector leaders including JD.com (NASDAQ:JD), VenusTech (002439), CreditEase (NYSE:YRD), Rong360 (NYSE:JT), Arrail Dental (HKSE:06639), KJY water (301372), TanTan (acquired by NASDAQ:MOMO), Ximalaya FM, and Shukun Technology, underscoring our steadfast commitment to nurturing transformative global leaders.

Bailador is a specialist investor in the information technology and media sectors. The investment team has over 50 years of combined corporate, private equity and expansion capital investing experience, and the Board Directors are experts in their fields, bringing a wealth of capability to the table. Investment Focus Bailador invests in businesses within the technology sector that are seeking growth stage investment. Companies we invest in typically share the following characteristics: 2-6 years of operation Run by the Founders Proven business model with attractive KPIs Ability to generate repeat revenue International revenue generation Huge market opportunity Require capital to grasp this opportunity Important verticals within the technology sector eCommerce, subscription-based internet businesses, online marketplaces, software, SaaS, high value data, online education, telecommunication applications and services. Investment Approach Bailador typically invests $5-20M of equity into an investee company. We target minority investments alongside highly motivated founders and management who have best-in-class technology or business systems. The due diligence process takes 4-8 weeks on average and involves financial, technical and legal due diligence. A member of our Investment Team will join the Board of investee companies and work actively to support the Founders and help management execute on the growth plan to grasp the exciting opportunity within the market. Bailador will not invest without Board representation. Why Partner With Us The Investment Team has wide-ranging experience, local and international networks, and capability in the internet, media, marketing, and information technology sectors. We actively support our portfolio companies in subsequent rounds of funding through are own participation and with introductions to larger international growth expansion funds. We assist in the preparation and management of fundraising, M&A activity and pre-IPO processes. Bailador has dedicated resources to help its investee companies become global leaders of their industries.

Cento Ventures is a venture capital firm specialised in emerging digital markets, primarily in Southeast Asia. We invest in the development of the consumer internet and its infrastructure. We strongly believe that the emerging digital markets of Southeast Asia are much underappreciated and is often misunderstood by global investment community, but contain multiple exciting opportunities to both realise investment return and deliver a positive impact on ASEAN societies and economies. Cento Ventures specialises in Series A and early B financing for consumer internet and related businesses, and focuses on supporting the entrepreneurs on course for Southeast Asia regional expansion. Cento Ventures team has a strong bias for contrarian thinking and deep value investing. We are fascinated with the future that the combination of digital economy and early-stage emerging markets holds.

We started with the ambition to build the firm where we would want to go work every day. Smash Capital began as our startup. Our culture is extremely entrepreneurial. While our ambition is to build a generational firm and to grow our organization considerably, today we are enjoying the advantages inherent in a small team. We take advantage of our speed, real-time communication and flat organizational structure every day. We are hyper aware of the critical contribution of every member of our core team, and we encourage everyone here to think like an owner. Our founding team includes builders and creators who didn’t love the venture capital “product” we were offered as founders. We approach founders with enormous respect and a bit of awe at the enormity of what they attempt to do - the overwhelming personal stakes, sacrifice, belief and commitment they demonstrate in their life’s work. When most choose touch football, founders choose tackle. We work very hard; the founders we work with work harder. We believe in the power of creative constraints. When brainstorming a list of potential names for the firm, we limited ourselves to one syllable, spelled like it sounds, so a then 7-year-old could say where their parent worked. The inspiration for the name Smash came from the sound of a collision in a comic book: BOOM SMASH POW. We value, respect, and partner daily with the biggest and best-known competitors in our industry. They and we know we are a little different. We know that our most important core competency every day is finding and winning great deals. But we know that our lasting mark is in helping great people and great companies succeed over time. That’s how our investors grade our performance and how we grade ourselves.