CREAT I N G VA LU ESINC E 2 013

1ABOUT US

2LVENTURE GROUP

3OUR NUMBERS

17ECOSYSTEM

19STRATEGIC PARTNERS

21BUSINESS ANGELS

22SPECIAL PROJECTS

23OUR TEAM

25MARKET OVERVIEW

26FOCUS ON ITALY

29OUR STARTUPS

7WHAT WE DO

9 ACCELERATION

13 INVESTMENTS

14 GROWTH

15 OPEN INNOVATION

16 THE HUB

01

We select visionaryentrepreneurs to leadthe way and shape the world,We seed their potential in our ecosystem,We accelerate them with smart capital. We grow startups intocompanies ready to change society, culture, economy and to achieve meaningful exits.

02

LV E N T U R EG R O U PLVenture Group SpA is a holding company listed on the Italian Stock Exchange, operating in the �eld of Venture Capital.It manages the Startup Accelerator LUISS EnLabs "The Startup Factory", born from a joint venture with LUISS Guido Carli University which has grown into a point of reference in Italian innovation ecosystem.We provide a 9,000 sqm Hub in Rome’s Termini Station, in addition to a dedicated o�ce space in Milan, at the Milan LUISS Hub. Today our investment portfolio includes 70+ startups, characterized by high digital innovation and scalability. Our business model is based mainly on capital gains from the exits of our startups.

03

9K

2CITIESRome and Milan

300+

SQUARE METRESof o�ces in Rome and Milan

EVENTSevery year gathering20K+ guests

200+CORPORATESin our ecosystem

2

800+

80%

ACCELERATIONPROGRAMSevery year

APPLICATIONSevery yearin our deal �ow

SUCCESS RATEaccelerated startups

O U R N U M B E R S

04

70+

1300

€70M

STARTUPSin our portfolio

€55MINVESTEDby other investors

€15MINVESTEDby LVenture Group

€26M+

200+INVESTORSin our network

REVENUESgenerated by our portfolio

INVESTEDin our startups

JOB POSITIONScreated byour startups

Figures as at November 30th, 2019

07

INVESTMENTSACCELERATION GROWTH

Today LUISS EnLabs “The Startup Factory” is the place to be if you want to turn your startup into a game-changer.Sponsors:Wind Tre, BNL Gruppo BNP Paribas, Accenture, Sara Assicurazioni.

Through micro-seed and seed funding, we help founders transform early-stage startups into scale-ups and amazing opportunities for early-stage investors.

With LV8, companies take that leap forward, think big and act accordingly.LV8 squares their potential: technology and marketing are our main pillars, KPIs are our obsession.

W H ATW E D O

08

OPEN INNOVATION THE HUB

New paradigm shifts evolve more frequently and at an increasing pace, while corporates must learn to adapt very quickly to survive. To continue building their future, they must open themselves to contamination by external agents.

Our Hub is not just a 9,000 square metres work space, it is a magic ecosystem where serendipity thrives. We are a community where people and ideas clash, contaminate and evolve together.

09

A C C E L E R AT I O N

10

L U I S SE N L A B S

LUISS EnLabs "The Startup Factory" is one of the leading startup accelerators in Europe.It was established in 2013 as a joint venture between LVenture Group - a venture capital operator listed on the Italian Stock Exchange - and LUISS Guido Carli University, and in just a few years it has accelerated over 70 startups. Twice a year LUISS EnLabs selects them for its Acceleration Program and also organises Open Innovation Programs to bring corporates into the world of innovation.

LVenture Group supplies startups with both �nancial resources and training opportunities. As a matter of fact, the success rate for our Program is 80%, measured in terms of third-party investments at the end of the path. Overall, the startups have collected €70 million, €15 million from LVenture Group and the remaining from other international venture capital funds and business angels.

Thanks to the support of its network of investors, corporates and institutions, including LUISS University, and its sponsors Wind Tre, BNL Gruppo BNP Paribas, Accenture and Sara Assicurazioni, LUISS EnLabs has grown into a real point of reference for innovation in Italy.

T H EA C C E L E R AT I O NP R O G R A M

The Acceleration Program is boosted by LVenture Group, that invests up to €160,000 in each startup participating in the Programs. In addition to our main o�ce in the heart of Rome, we provide digital innovators with a dedicated space in the Milan LUISS Hub, for a total of 9,000 sqm.

11

LVenture Group provides startups participating in the Program with an investment up to €160K through Equity Financial Instruments, issued by the same startups.

During the �ve-month Program, Advisors and a team of experts support startups in business and technological development, investor networking and management. Teams will use the Scrum framework with two-week sprints and they will attend seminars and training courses.

At the end of the Program, during the Demo Day, LUISS EnLabs introduces those startups that already generate revenues to investors, corporates and press, in order to raise their �rst seed round.

PROGRAM

DEAL

DEMO DAY

The Call for LUISS EnLabs Acceleration Program opens twice a year. Startups apply directly online on our website.

Startups must meet the following requirements: a team, a working prototype, an innovative technology, a growing international market where they can compete.

SELECTION CRITERIA

CALL FOR STARTUPS

12

13

We look for results-driven, globally scalable startups, whose founders are obsessed by a creative �re to build the world’s most successful companies. Through micro-seed and seed funding, we help founders transform early-stage startups into scale-ups and amazing opportunities for early-stage investors. We follow startups step by step, from project to exit. When brave founders, business angels, smart mentors come together and join a network of pioneers, success is on the right track.

I N V E S T M E N T S

S E E DSeed co-investments of up to €250,000 in startups that are already on the market and have achieved a functioning and scalable business model, with the aim of supporting their growth, fundraising and international expansion.

M IC R O- S E E DMicro-seed investments of up to €160,000 in those startups that are not yet on the market and wish to join “The Startup Factory”, the Acceleration Program run by LUISS EnLabs.

14

Our mission is Growth: we create, renew and enhance strategies, products and services through innovation, marketing and technology to grow your business.We use the best technologies and skills on the market. Thanks to a multidisciplinary team and to the privileged vision of our innovation Hub, we grow companies, startups and corporate through digital innovation.

In a market that is moving at uncontrollable speed, staying still means condemning yourself to be dominated by the next competitor. The complexity for many companies is to understand where to begin to start innovation and growth. Our Growth Team applies continually evolving teaching methodologies to improve unceasing testing and learning.

Experimenting,before it'stoo late

G R OW T H

The Open Innovation Area of LVenture Group brings together corporates with the startup ecosystem, creating an innovative business environment that can really face all the challenges of the digital economy.

LVenture Group signed a strategic partnership with Cariplo Factory in order to oversee the innovation process end-to-end. From talent scouting to startups growth, this program will support big corporates in their digital transformation, shaping new kinds of business and creating new job opportunities.

Corporates to enable and integrate cutting-edge technologies through our startup creation programs.

Speci�c innovation courses based on the startup approach with a focus on digital marketing, smart growth, open innovation and agile methodology.

Periodic startup pitching events, business scouting and hiring opportunities.

WESUPPORT

WETRAIN

WECONTAMINATE

O P E NI N N OVAT I O N

15

T H E H U B

Our Hub is not just a 9,000 square metres coworking space, it is a magic ecosystem. We are a community where people and ideas clash, contaminate and evolve together, constantly inspiring each other.

Facebook chose our Roman Hub to establish its �rst Italian e-learning center “Binario F”, con�rming that this is the place to be if you want to innovate.

Interactions between stakeholders and founders turn opportunities into real businesses.

ECOSYSTEM

Meetings, workshops, training courses and talks, because motivation is contagious.

INSPIRATIONALEVENTS

A vibrant place where teams create value by sharing their skills, interests, ideas and experiences.

COMMUNITY

A huge o�ce inside Rome Termini Station and a dedicated space in the Milan LUISS Hub.

COWORKING

16

17

PARTNERS & CORPORATES

SPONSORS LUISS ENLABS

KEY PARTNERS

E C O SYS T E MLVenture Group has created a unique and thriving ecosystem, relying on the strength of a network of exceptional stakeholders.Interactions and synergies within the ecosystem are essential for the growth and development of startups.

18

INVESTORS NETWORK

UNIVERSITIES & INSTITUTIONAL BODIES

50+ INTERNATIONAL MANAGERS & EXPERTS

ADVISORS

SPECIAL PROJECTS

19

S T R AT E G I CPA R T N E R S

20

LUISS EnLabs "The Startup Factory" was born in 2013 from a joint venture between LVenture Group and LUISS Guido Carli University, in a few years it has supported the growth of over 65 startups and is one of the main startup accelerators in Europe.

Through its investment vehicle Futura Invest, Fondazione Cariplo has invested

€1.24 million in LVenture Group.

Facebook has signed an agreement with LVenture Group and has chosen our Hub for its “Binario F”, the �rst of its kind in Italy: an e-learning centre for those looking to

enhance their digital skills.

With Cariplo Factory we have inaugurated an end-to-end program for startups and corporates, which covers all the

fundamental stages of innovation.

21

ANGEL PARTNER GROUPAPG is an association of business angels with LVenture Group as co-founder, which has access to amazing entrepre-neurs in the digital technology space, offering game-changing support to early-stage startups that look to conquer the global markets. APG also hosts exclusive events, meetings and seminars in the heart of Rome, in-depth sessions on Angel Investing and Lean Startup Management, in addition to meetings with VC fund experts.

ITALIAN ANGELS FOR GROWTHIAG is where business angels meet with the most tenacious and prepared entrepreneurs. Members participate in early-stage �nancing rounds in companies in the �ntech, industrial & energy, internet & tech and life science sectors.IAG gives a guide and a methodology to its members that, independently, constitute a consortium for each investment operation.

THE MERGERThe merger will build the leading group of business angels in Italy thus achieve critical mass and improve economies of scale. This will underline the driving role that business angels and the private sector must continue to play to spur technological innovation and entrepreneurship.

B U S I N E S SA N G E L S

PARTNER ACCELERATORS & CLUB DEALS

clubacceleratori.com startupbootcamp.org

22

Code Your Future is a non pro�t organisation that teaches coding to refugees and people from disadvantaged backgrounds, turning them into professional web developers during a six month program.Thanks to the partnership with LVenture Group, Code Your Future launched in Italy its �rst coding school, providing students with full-stack web development skills as well as soft skills, extra language training and interview practice in the Hub of LVenture Group and LUISS EnLabs.

codeyourfuture.io

LoveItaly is a non pro�t organisation that raises funds for Italian cultural heritage restoration projects through its own crowdfunding platform and through its sister organization in the U.S., American Friends of LoveItaly.Since its foundation in 2014 LoveItaly has branched out to include many other activities that support Italian cultural heritage projects.

loveitaly.org

S P E C I A LP R O J E C T S

HITalk High Idea Talk is an innovative format to encourage the circula-tion of new ideas and train people to adapt quickly to the sudden changes brought by innovation. 6 speakers, innovative experiences, 12 minutes each to inspire, motivate and share. It aims to short-circuit present and future, with a dynamic approach to communication that revolutionises storytelling in the Industry Era 4.0.

hitalk.it

T E A M

23

A TEAM OF40+ PEOPLEWHO CREATEVALUE

OUR PEOPLEARE OUR MOSTIMPORTANTASSET

24

25

THE VENTURE CAPITAL J-CURVE

DIGITAL REVOLUTION & OPPORTUNITIES

LVG POSITIONING

€145K~€0.5M

~€1.5M

~€3M

Competitions Challenges Tech HubsIncubators

GRANT

Family & FriendsAccelerators

Business Angels

MICRO-SEED

Business AngelsSeed Funds

SEED

POST SEED

Early-Stage Funds SERIES A

Growth Funds

TIMEValley of death6 months

12 months

REVE

NU

ES

Internal estimates on Italian VC market data

M A R K E TO V E R V I E W

SERIES BSERIES CSERIES D…

The Fourth Industrial Revolution is rapidly driving transformational disruption across every sector.By 2022, over 60% of global GDP will be digitized. An estimated 70% of new value created in the economy over the next decade will be based on digitally-enabled platforms.

This digital revolution means a dramatic increase of new startups and a great opportunity for corporates to keep innovating. Digital startups need low initial capital, and investments often generate signi�cant returns and high margins.

All around the world, the digital economy is growing at an incredible speed.

Break even

€160K

~€0.5M

26

F O C U S O NI TA LY

TAX RELIEF FOR INVESTMENTS IN INNOVATIVESTARTUPSInvestorsIRPEF deduction of 30% for the total investment, which can reach € 1 million, with a consequent maximum saving of 300,000 euros per year.

CorporatesIRES deduction of 30% for the total investment, which can reach € 1.8 million (540,000 euros total deduction) with a consequent maximum saving of € 129,000.

2019 Budget Law newsFor the sole investments made in 2019, the Budget Law increased the tax bene�t, raising it from 30% to 40%, without prejudice to the other requirements. The Budget Law has also introduced a 40% deduction on corporate taxes in case of partial acquisition, and 50% in case of total acquisition (max. investment per year €1.8M, acquired shares must be held for at least 3 years).

The changes introduced in 2019 are not yet operational, as they need to be approved by the European Commission

In Italy investors can rely on high quality human capital with excellent know-how in technology, design and creativity, while the cost of setting up a startup is still low compared to other countries in Europe.

IDEAL CONDITIONS FOR EARLY STAGE STARTUPS

The Italian scenario provides the opportunity to invest with competitive valuations and rapidly scaling startups on international markets with higher valuations.

ARBITRAGE OPPORTUNITY

In Italy, the digital share of GDP could exceed 20% by 2020, realizing a dramatic improvement in the country’s gross domestic product growth rates, if the current trend of investments in skills is maintained while the focus on digital technologies is boosted and investments in digital accelerators are expanded.

DIGITAL SHARE OF GDP CONTINUES TO GROW

OU RSTARTUPS

SECTORS

Analytics & Big Data

Community & Education

Design & Fashion

Dev Tools

Entertainment

Events & Travel

FinTech & Loyalty

FoodTech

Health & Beauty

IoT & Smart Mobility

Exit

29

ANALYTICS & BIG DATA

Gamepix is an online platform to publish and promote HTML5 videogames.

www.gamepix.com

EN TERTA IN MEN T

Hakuna Cloud is a software to start and stop cloud servers to avoid inactivity costs.

www.hakuna.cloud

LexiQA is a cloud-basedquality control platform for language services.

www.lexiqa.net

Majeeko automatically creates and synchronises customisable websites from client Facebook pages.

www.majeeko.com

Pigro is a virtual assistant that automatically turns content from corporate knowledge bases into user-friendly chatbots.

www.pigro.ai

Skaffolder is a platform for developers to create web applications with less time and effort.

www.skaffolder.com

Snapback is a Software Development Kit to create innovative gesture control interfaces.

www.snapback.io

UXGO automatically creates websites by using 56 physical cards and an app to translate them into code.

www.uxgo.io

Yakkyo is an online platform to source and ship goods from China.

www.yakkyo.com

Cineapp is an app to choose a movie and buy the tickets for any cinema in less than a minute.

www.cineapp.it

AmbiensVR is a virtual reality platform that creates immersive and interactive 3D interior design experiences.

www.ambiensvr.com

Deesup is the marketplace for authentic second-hand design furniture.

www.deesup.com

Drexcode is an online platform to rent exclusive fashion and design collections.

www.drexcode.com

GoPillar is an interior design crowdsourcing platform that connects designers and customers.

www.gopillar.com

Playwood is an online assembly design system to combine connectors with boards and create custom furniture.

www.playwood.it

Stip is a platform to prioritise customer care requests on social networks by automating ticket management .

www.stip.io

Codemotion is an event format and a digital platform that connects developers with corporates.

www.codemotionworld.com

Gec is the �rst Italian e-sports network and e-learning platform called GETPRO.

www.gec.gg

Social Academy is an e-learning and career coaching platform.

www.socialacademy.com

Tutored is a social network and hiring platform foruniversity students.

www.tutored.me

BigPro�les is a Big Data platform for Customer Intelligence insights.

www.bigpro�les.it

Dynamitick is a dynamic pricing engine for the entertainment andtravel industry.

www.dynamitick.com

GenomeUp uses AI to support the diagnosis and therapy of patients by analysing their DNA.

www.genomeup.com

KPI6 is an AI-powered Software as a Service for social media marketing.

www.kpi6.com

Lybra Tech is a B2B SaaS platform with a machine learning algorithm for hotel revenue management.

www.lybra.tech

COMMUNITY & EDUCATION

DESIGN & FASHION

DE V TOOLS

Shampora provides a virtual assistant to create tailor-made hair products analysing the needs of every user.

www.shampora.com

Karaoke One is a social network that records and shares your karaoke experiences.

www.karaokeone.tv

Keiron is the �rst Virtual Reality training solution for gyms to perform free body workouts.

www.keiron.�t

Netxwin is a social game for tipsters and Invictus is theirAI - powered advisor for sports betting.

www.nextwin.com

Soundreef is a royalty collecting and license issuing digital platform for musicians and authors.

www.soundreef.com

Medyx reminds discharged patients of their medications and dosages.

www.medyxcare.com

MyLab Nutrition is a platform for sports professionals to customise and purchase their food supplements directly.

www.mylabnutrition.net

Brave Potions is an augmented reality app to help children trust doctors and dentists.

www.bravepotions.com

Call Me Spa offers wellness, �tness and beauty services on demand at your doorstep.

www.callmespa.com

EpiCura is a digital health platform that lets you book healthcare services directly from your phone.

www.epicuramed.it

Fitprime is an all-in-one subscription app to access gyms and �tness classes.

www.�tprime.com

Inkdome is a virtual tattoo studio that uses Arti�cial Intelligence to connect tattoo lovers with the best artists.

www.inkdome.com

Direttoo is an HORECA supply-chain platform than revolutionizes food and beverage distribution.

www.direttoo.it

Leonard is a solution dedicated to restaurants, that lets customers interact directly with waiters.

www.leonardsystem.com

Moovenda is a food delivery platform for culinary excellence.

www.moovenda.com

MyFoody is a platform to reduce food waste for supermarkets and consumers.

www.myfoody.it

Wineowine is an online club to discover and buy quality wines from small quality producers.

www.wineowine.com

Parcy is a B2B SaaS platform to assist event professionals and automate their work�ow.

www.parcy.co

In Time Link enables digital payments on vending machines with smartphones.

www.intimelink.com

Together Price is an online platform designed to share digital subscription services and split costs.

www.togetherprice.com

TM

Tirolibre is a digital platform for the football market dedicated to players, clubs and agents.

www.tirolibre.it

Apical is a professional tool for tour operators and individuals to design and sell travel experiences.

www.apical.org

Babaiola is an online travel platform for the LGBT community.

www.babaiola.com

DiveCircle is a booking platform for travel experiences dedicated to sea lovers and scuba divers.

www.divecircle.com

Flamingo is an app to design tailor-made experiences for holiday villages, campings, resorts and hotels.

www.�amingoanimazione.it

FOODTECH

E VENTS & TR AVEL TECH

HE ALTH & BE AUTY

FINTECH & LOYALTY

EXITS

Ride is a multi-vehicle sharing service for urban mobility with electric portable batteries.

www.rideapp.eu

Scuter is a mobility sharing three-wheeled electric scooter system.

www.scuter.co

Tiassisto24 is a digitalvehicle management and concierge service.

www.tiassisto24.it

UFirst is a queue management and booking agenda app that improves customer experience.

www.u�rst.com

Vikey is a hardware and software solution to remotely manage vacation apartments.

www.vikey.it

www.zappyrent.com

secondary trade

IOT & SM ART MOBILITY

2hire is a plug-and-play device that changes the way users interact, manage and track their vehicles.

www.2hire.io

Filo produces miniature device to track all valuables.

www.�lotrack.com

Insoore is a community based platform for insurance companies to improve claims management.

www.insoore.com

Kiwi is a robot delivery platform that revolutionises the food delivery experience.

www.kiwicampus.com

Manet is a personal concierge smartphone designed to revolutionise hospitality and travel experience.

www.manetmobile.com

Powahome is a retro�t smart home solution to connect the home remotely.

www.powahome.com

Revotree is an AI - powered device for the remote control of irrigation.

www.revotree.it

www.fortune.fm

secondary trade

www.baasbox.com www.netlexweb.com www.u�rst.com www.voverc.com

acquired by acquired by acquired by acquired by

www.paperlit.com

acquired by

Figures as at January 30th, 2020

ROME | via Marsala 29h | Termini Station

MILAN | via Massimo D’Azeglio 3 | Milan LUISS Hub

lventuregroup.com

info@lventuregroup.com