Presentation of Caixa Capital's venture capital investment strategy to the Portuguese entrepreneurship and innovation ecossystem

1. Financiamento e Competitividade
Apresentação da Caixa Capital
Lagoas Park
6 Fevereiro 2015
Bolsa de Empreendedorismo
2015

2. Caixa Capital
Limited Partner
Venture Capital
Private Equity
1991
Inception
2009 2013
83
Status
12
AuM
Equipa
€ 750M
Portfolio
2014

3. Stephan Morais
Walter Palma Ricardo Torgal Rui JerónimoRui Rodrigues José P. Alenquer
Digital Life Enterprise IT Med Tech Pharma Cleantech Other
 Establishedin2009 with HQ in Lisbon
 40+years of combined investmentexperience
 Strong network of toptier European co-investors
 Invested in over 40 companies & investment vehicles
since 2009
Focused
and active
investment strategy
 Rigorous approachwith clear investment criteria
 Power of collaboration and leveraging our network
 Maintaining a richand global deal flow
 A hands-on attitude, engaging the development of
each and every company in our portfolio
Leading investment
team with in-depth
experience
Industrial Tech
Equipa VC

4. Seed Start-Up Series A and abovePre-Seed
Presenceintheecossystem
Series A and above LP
CaixaCapPositioning
Early-stage
Promote ecosystem
Support accelerators / incubators
Support Business Angels
Create pipeline for next stage
Co-invest with top tier investors
Support management teams
Develop strategic & execution
plans
Support Internationalization
FCR Caixa Tech Ventures
Business Angels Vehicles
Invest / Co-invest / Partner with
specialized International VC Funds
Abordagem de Mercado

5. Critérios
Equipa
Promotora
Inovação
Propriedade
Intelectual
Mercado
Unit
Economics
Escalabilidade
Parceiros
Internacionais
(Series A)
Tração
Oportunidades
de Exit

6. Establish a Club of VC Champions
Foster Fund Raising
Promote Top Portfolio Companies
Provide Input to EU Schemes
Cross-Border Invest.& Funding Facilities
Tech Tour
Launched in 2011 by leading venture
capital and corporate investors –
Board Member
Launched in 2011 by leading fund of
fund investors in venture capital
across the EU – Chairman
Share best practices among EU
Encourage the set-up of pan-EU initiatives
Implement concrete measures to create a
sustainable EU VC market
AuM:€ 8 B AuM: € 24 B
Responsible for the industry standards,
demanding accountability, good
governance, transparency and spreading
best practices
Parcerias

7. Rede
Ecossistema

8. Porto
Braga
Covilhã
Lisboa
Leiria
Faro
Aveiro
Coimbra
9 incubators / 3 technology centers
81 portfolio companies
2 incubators / 1 technology centers
45 portfolio companies
15 incubators /3 technology centers
220 portfoliocompanies
5 incubators /2 technology centers
88 portfolio companies
11 incubators / 4 technology centers
359 portfolio companies
8 incubators /2 technology centers
40 portfolio companies
7 incubators / 1 technology centers
37 portfolio companies
1 incubators / 1 technology centers
24 portfolio companies
Incubadoras / Centros de tecnologia

9. Porto
Coimbra
Lisboa
Santarém
1 portfolio companies
26 portfolios companies
11 portfolio companies6 portfolio companies
Invicta Angels (8 SPV)
Tagus Innovation
Smart Ventures A2B
PNV Capital
Blue Early Investments
Green Capital
Lisbon Angels
Seed Capital Shilling
B2M
Eggnest
Caixa Cap. is the main force
behind the major BA’s in Portugal
Total Investment: € 3.6 M Main Sectors Invested: ICT, LifeSciences, Media
Portuguese BA’s Ecosystem
51 BA’s
93 companies
Business Angels

10. CumulativeDeal Flow by source
0
50
100
150
200
250
300
350
400
2009 2010 2011 2012 2013
Caixa Capital Business Angels Funds Acceleration Programs
123 401 641 1093838
2009 2010 2011 2012 2013
Caixa Capital Business Angels Funds Acceleration Programs
# cumulative investments
Totalinvestment
€ 38 M
Caixa Capital Business Angels Funds
Acceleration
Programs
€ 11 M € 4 M € 22 M € 0,8 M
CumulativeDistribution per sector
Outros
4%
Life Science
11%
Cleantech
Industrial
tech
12%
Digital Life
19%
MedTech
21%
Enterprise IT
33%
6 32 1319572
Atividade VC – 2009/2013

11. Novidades 2014
• Launching of TTA Fund with majoraccelerators/incubators
• Launching of Corporatepartnerships
• Partnership/Investmentin majorinternationalVC Funds
• Major transactions closed/ closing:
OranklMovvo Unbabel Uniplaces VeniamCell2b

12. Eventos
Iberian
TechTour
Caixa Empreender
Award

13. Carteira