MFV Partners

As a member of the Nemzeti Tőkeholding group, MFB Invest Befektetési és Vagyonkezelő Zrt. invests capital to support the growth of companies facing expansion and capital-intensive investments, as well as to development projects that are particularly important to the national economy, especially energy and green field projects. It operates within the group of the Hungarian Development Bank and Nemzeti Tőkeholding. Its aim to increase the integration of the Hungarian economy into Europe. In collaboration with market investors and international organizations, it establishes and oversees registered capital funds in Hungary, directing investments towards domestic companies. Through this, it efficiently allocates state resources, while catalysing the engagement of Hungarian private and international co-investors to ensure the successful implementation of numerous projects. It is also involved in traditional industries but places particular emphasis on the green economy, real estate development and achieving energy independence. It engages in tight professional and economic collaboration with the Hungarian Development Bank. Our investment operation in capital funds MFB Invest follows an indirect investment strategy. It establishes capital funds and guides them through their 5–15-year trajectory, securing resources within the funds with co-investors. It delegates the allocation of funds to private fund managers with a focus on various sub-markets so that: capital is distributed more efficiently in the economy, leading to improved aggregated success and returns on investments, with the addition of co-investor capital, state resources can offer amplified financing to enterprises for their development and growth, projects with the goal of correcting or eliminating market deficiencies and gaps, while contributing to the development of the economy, are successfully implemented. Investment areas Real estate investments: The growth rate of infrastructural and real estate investments significantly impacts overall economic growth. Through our investment funds focused on real estate development, we are dedicated to supporting developments and greenfield investments targeting domestic industrial, logistics and service facilities. Energy and innovation: Our investment funds, with a focus on energy efficiency and prioritizing renewable alternative energy sources, network development, and the country's innovation performance offer long-term capital financing through a predictable business model. Green investments: Apart from adhering to ESG compliance and strict regulations, our investment funds dedicated to green investments concentrate on renewable energy, green transport, sustainable cities, eco-friendly construction industry and real estate development, environmental protection, and on those agricultural areas which are particularly susceptible to the impacts of climate change. Agriculture: Our agriculture-focused investment funds are designed to support and develop the entire value chain of agricultural activities, including related supply, processing and distribution processes. International cooperations: Capital funds that strengthen the Hungarian economy's international relations system effectively support the inflow of foreign capital into key domestic industries. Collaborations, such as .the capital fund jointly established by the European Investment Fund and MFB Invest, accelerate the inflow of international capital. Traditional industries: Fortifying traditional industries is not merely an option; it is an economic and sustainability necessity. Through strategic capital funds, we support companies engaged in traditional sectors, including the machine industry, automobile industry, pharmaceutical and chemical industry, process manufacturing, tourism, and the food industry. About the Nemzeti Tőkeholding MFB Invest operates under the coordination of Nemzeti Tőkeholding Zrt., which is responsible for establishing a harmonized and predictable operational framework and norm system for capital funds with partial or full state backing. Additionally, it defines a unified strategic direction for the sufficient capital financing of domestic enterprises. The collective mission of the group members of Nemzeti Tőkeholding is to contribute capital to achieve the goals set by the Ministry for National Economy. In pursuit of this mission, they possess both direct and "fund of funds" investor competencies.

Maniv Mobility is the leading venture capital investor exclusively focused on the next great frontier of digitization: the movement of people and goods. We invest globally in early stage startups out of our offices in Tel Aviv and New York City. Our portfolio of 37 companies spans eight countries, and our top-performing funds are backed by nearly a dozen multinational automotive, logistics, transportation and energy companies.

Historically, economies and emissions have grown in lockstep. We invest in companies that break this link, growing the economy while reducing global emissions. We invest in companies driving Green Growth. We work together as a team to find, build and support companies that are modernizing and revolutionizing the traditional industries like transportation, manufacturing, agriculture, energy, supply chain, and logistics, that together make up over half of the global economy. As Investors, We:PRIORITIZE SERVICE TO THE PORTFOLIO We are attentive to entrepreneurs’ needs, are responsive, and are respectful. We see ourselves as service providers to our portfolio and aim to be a “go-to” board member for our portfolio companies. VALUE ENTREPRENEURIAL EXPERIENCE All of our partners have founded companies or have actively incubated companies as founding board members. We have empathy and a fundamental respect for the entrepreneurial experience. BRING A POWERFUL NETWORK OF CUSTOMERS AND CO-INVESTORS We cultivate and manage a network of more than 500 executives at major industrial and technology companies to assist our teams with product feedback, partnerships or potential customer relationships. Selling into ‘old-school’ industries takes both novel technology and novel business model approaches, as well as connections to forward-thinking early adopters. We connect our portfolio to a network that accelerates time-to-market and tests new ideas for young companies. OPERATE AS A TEAM We have worked together as a team for over eight years and have developed high-functioning, direct communications and processes to collaborate on investment execution and assist on portfolio work. Importantly, our journey together through both successes and failures provides us with a clear, shared view of what makes businesses successful. VALUE INTEGRITY AND TRANSPARENCY These values inform our behavior with each other, with investors, with portfolio companies, and with other stakeholders. We build value through trusting relationships with entrepreneurs and stakeholders. We hold ourselves to the same standard with every company and person with whom we interact: portfolio companies, competitors, other investors, and ecosystem participants. We are equally open about good and bad news. We don’t use information as currency. We strive to be apolitical. INTEGRATE WORK AND VALUES We back mission-driven teams. Our experience is that mission-driven teams who believe they will change the world for the better build more successful companies than mercenary teams. We are driven to have a positive impact, and we choose to work with companies that share those values. LEVERAGE OUR ROOTS AT KLEINER PERKINS Years of managing the Green Growth Fund at Kleiner Perkins, a partnership with a 45-year track record, have ingrained many of the foundational goals and practices that shaped Kleiner Perkins: a focus on entrepreneurs, active company building, and a willingness to think big. We remain actively involved with Kleiner Perkins as we continue to manage the firm’s Green Growth Fund and its existing portfolio companies. We are also headquartered in Silicon Valley, at the center of California’s technology ecosystem. This presence and network offers visibility into cutting edge technologies that will disrupt large industries in the coming years.

GM Ventures invests in start-ups that share General Motors’ vision of a world of zero emissions, zero crashes and zero congestion. We are focused on key technologies that can be implemented in GM’s vehicles, manufacturing facilities and operating businesses. Our investment approach is unique. We combine venture investing with the active support of General Motors’ technical and business resources to improve, expand and scale technology. This provides our portfolio companies with additional capabilities to commercialize their innovation in the global transportation industry and have GM as a potential customer. Since 2010, we’ve built strong relationships with start-up companies and other venture capital firms who share our vision to advance the automotive industry. Our investments have increased General Motors’ technology footprint, including industry-first innovations, and accelerated its strategy to earn customers for life.

Fontinalis invests in early-stage startups that enable efficient movement. We also invest in “horizontal” enabling technologies. These often propel mobility’s greatest leaps forward. We are an independent venture capital firm focused on leveraging our experience and networks to help startups become lasting institutions. Fontinalis is an early-stage investor, typically investing $3-10 million in early-stage startups (Series A / Series B) and $100-500k in seed rounds. We will opportunistically invest in later stage companies.

We invest in purpose-driven entrepreneurs building high-performance companies, while providing access to resources and an ecosystem of specialists across hardware, software, and sustainability. We invest capital and resources in hardware, software, and services across manufacturing, transportation, and sustainability.