Tinicum Venture Partners

Basinghall believes in smart capital: connecting tech pioneers with established industry partners through deep data insights and startup expertise. By enabling new technologies to solve genuine global challenges, we de-risk investment and build companies that endure. Basinghall is the venture fund backing early-stage, pioneering technology companies across Europe. Operating from London, Munich, Lisbon, and Luxembourg, it is our mission to support Europe’s competitive advantages by providing capital, expertise, and guidance to the next generation of entrepreneurs. Why partner with us? At Basinghall we don’t just provide funding – we actively help our portfolio companies to enter relevant markets and scale their business. With expertise in commercialising innovative ideas, and structuring high-value investments from early stage to exit, we know from personal experience what it’s like to build a startup. B2B Startups & European Industry The Basinghall model rests on two elements. Innovation Circle: We introduce our business network to our startup universe, connecting European industry with innovation. Tech Fund: We invest in tomorrow’s industrial entrepreneurs

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.

Walter Ventures is the early-stage investment platform of the Walter Group. We identify and support emerging, scalable, impactful innovations led by visionary entrepreneurs. Our growing team is motivated to invest in exceptional, mission-driven founders who lead technology-enabled companies. We focus on Series A enterprise software companies tackling core value creation for established industries, and believe in projects that enable sustainable socio-economic development. Walter Ventures launched in 2017 in Canada and continued its global growth by relocating its team and main operations to Europe in 2019.

Cocoon Capital is a leading, early-stage venture capital firm investing in Southeast Asian enterprise and deep tech startups. We engage deeply with our portfolio companies, acting as trusted advisors. We strive to give founders the necessary resources to accelerate their businesses and personal growth in a holistic environment. How do we work with you? As an active, early-stage investor, we allocate substantial time to each new company post-investment by only doing 6 new deals each year. We act as your trusted advisors supporting you in all aspects of running a business. To help you grow, we put special emphasis on your and your co-founders’ personal development. We enjoy that you are proactive and clearly state what you need from us; in return we will work relentlessly to deliver. We always seek to build long-term partnerships so that we can support you in both good and bad times. How do we source deals? Always on the lookout for the best founders in Southeast Asia, you can find us at events, conferences, demo days and at our monthly mentoring sessions that we do around Southeast Asia. We look for resilient and focused founders who are not afraid to fail forward. Our own founding experience has taught us that a seed-stage startup is a work in progress, so we are more interested in where you are going than where you are at right now. What are we looking for?Strong teams: The best teams have the right mix of deep knowledge & the ability to hustle their way through.And they enjoy working together, understand that success takes time, and can manage risk and stress. Real commitment: We are relaxed and informal but we can also be pretty straight shooters if required. As hands-on investors, we enjoy working committed teams who are ready to listen, learn and test. Exit potential: We generally invest in companies where we believe an exit could happen in 6 to 8 years. This means your market size has to be large enough and that there has to be potential buyers of your business. Scalability: Whether a copycat or an original idea, your business needs to be scalable in a sufficiently large market and be able to reach critical mass within the next 5 years. Enterprise focus: We believe investors do a better job if they stay focused. Therefore, we primarily target enterprise & deep tech companies. We believe these verticals have the largest chance of success in the current market environment. Singapore holding: While we invest in startups across Southeast Asia, companies have to agree to incorporating a holding company in Singapore before we close the deal. How does it work?Apply: We only consider applicants that have gone through our online registration system. Investment amount: We typically invest from S$500k to S$1m, depending on how much your company needs for an 18-month runway. Time frame: If your pitch deck interests us, you’ll be contacted for a follow-up meeting. We will then do due diligence on all the information provided and if everything goes well, we will sign a term sheet. The process then typically takes 8 to 10 weeks until the investment is completed. Keeping it confidential: We commit to keeping your application and all information shared with us confidential. However, we only sign non-disclosure terms as part of our term sheet and will not sign a separate NDA (Non-disclosure agreement) prior to that. This is standard practice across most institutional investors. What are the terms? Ownership stake: We don’t have any strict ownership requirements but we usually target to own more than 20% of the business after the first round of investment. Leading the round: We invest in a limited number of start-ups each year with a high degree of involvement in leading and coaching the teams. We therefore prefer to lead the seed rounds we participate in. Board seat: We always require at least one board seat for all our seed investments. However, we still find that most of our work with our portfolio companies happens outside the board room.

We are rocket scientists, CS geeks, electrical engineers, AI researchers, mechanical engineers, materials scientists, and economists. We value entrepreneurial spirit, the drive for innovation, and the pursuit of quality. Since 2011, we have built one of Europe’s leading B2B venture capital funds investing throughout Europe from our offices in Berlin and Munich. As a team, we have made over one hundred B2B investments with over thirty exits, including some of our own 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.