Investors in Commerce

Xploration Capital specializes in backing ambitious founders who are building next-generation platforms, digital ecosystems, and SaaS (Software as a Service) companies on a global scale. They focus on investing in innovative startups that aim to disrupt and transform their respective industries through technology-driven solutions. Xploration Capital's investment philosophy revolves around supporting visionary entrepreneurs with the resources and expertise needed to scale their ventures and drive meaningful impact in the market.

8a+ Investimenti SGR is an asset management company established in 2006 in Varese on the initiative of Marco Bartolomei (Chairman), Mauro Maritano (Vice Chairman) and Andrea Pastorelli (Managing Director and Investment Manager), who previously worked at major companies in the sector. The capital is held by the three founding partners with a minority participation by employees and collaborators. 8a+ Investimenti SGR manages open-ended mutual funds under Italian law, a pure hedge fund, an umbrella Sicav under Luxembourg law, and securities asset management (Gpm). 8a+'s mission is to generate value for the investor through: the direct management of investment instruments characterized by a highly active management and a prevailing focus on equity markets; and the offering of financial products capable of responding to new investment needs and therefore innovative in terms of geographic area, management model, and approach to markets.

Ulixes Capital Partners is a venture capital investment holding supporting visionary founders at early stages with innovative solutions in disruptive markets. They support visionary founders at the early stages of company formation and growth, backing teams of skilled and ambitious individuals thriving in large or rapidly growing markets with innovative and scalable solutions. They are anti-thematic, focusing on startups aiming to disrupt existing large industries or invent new market categories.

Pelican Ag is a company focused on advancing sustainable agriculture practices. They support pioneers in scaling regenerative farming, local production, smart supply chains, and sustainable consumption. Pelican Ag aims to create a sustainable food future by providing critical early-stage funding to initiatives that promote environmental stewardship and resilience in food systems.

Elbow Beach Capital is a private investment company dedicated to advancing decarbonisation, sustainable energy, and social impact initiatives. Focused on making meaningful contributions to environmental sustainability and social responsibility, Elbow Beach Capital invests in businesses and projects that promote cleaner energy solutions and reduce carbon footprints. By supporting innovation and fostering partnerships within these sectors, Elbow Beach Capital aims to drive positive change and create long-term value for both investors and society.

Club Italia Investimenti 2 is an investment company based in Milan specialized in Venture Capital. The company was founded in 2013 by a group of entrepreneurs linked to the world of innovation and investments in promising young companies with high technological content. The investment model provides for an initial entry into the capital of very young companies by acquiring minority shares in exchange for an investment of between 25,000 and 100,000 euros, necessary to finance the prototyping phase of the developed product/service. Once entered into the capital, the Club aims to support entrepreneurs in the growth of the company and in the progressive and sustainable creation of value in the long term by actively participating in the subsequent financial operations of the subsidiary. The Club's portfolio currently consists of 23 companies operating in various sectors including E-commerce, Fintech, Logistics, Mobility and Software & Applications.

Day One Capital is a venture capital firm investing in seed-stage B2B software companies in Central Eastern Europe, focusing on innovative products with significant growth potential. With a fund capitalization of EUR 34 million, they invest between EUR 300k to 1.5 million per round, leveraging a skilled regional talent pool. Their experienced team supports technology-driven founders with entrepreneurial, corporate, and investor expertise to achieve global market success.

Hiventures is the largest and most active capital investor partner in the development of Hungarian enterprises. Its mission is to provide resources for growth and innovation for domestic businesses through unique capital financing solutions. Hiventures' investment programs are available from the idea phase to large companies, covering the entire entrepreneurial ecosystem and improving its competitiveness. It serves as a reliable and flexible investment partner for portfolio companies in both development and crisis management, with professional support from Magyar Fejlesztési Bank Zrt.

€20m acceleration, seed, and post-seed fund based in Sofia, Bulgaria. Vitosha Venture Partners specializes in early-stage and growth-stage investments ranging from EUR 25,000 to EUR 1,000,000, specifically targeting companies based in or connected to Bulgaria. They seek out resourceful founders with impactful ideas and a strong execution strategy. Leveraging their extensive investment experience, global network, and market access, Vitosha Venture Partners is dedicated to empowering entrepreneurs and nurturing them into industry leaders.

Rider Global is an investment platform that partners with founders to facilitate qualitative growth and expansion. Leveraging their expertise in building IPO or exit-oriented companies from scratch, Rider Global's team has extensive experience managing startups and transforming small and medium-sized companies into flexible, responsive corporations. They are a stage-agnostic fund, considering investments from seed to late stage. Rider Global seeks companies with a proven track record, strong unit economics, clear product-market fit, and optimal market entry timing. They believe in people who push the boundaries of what is possible.

MASV invests in innovative, high-growth startups and seeks driven entrepreneurs to join their growing portfolio. They combine investment and financial acumen with marketing and communications support. They are an entrepreneur-led investment company on a mission to enable founders to reach a global scale with a collaborative investment model.

The early-stage venture capital firm of the Stockholm School of Economics. SSE Ventures is the early-stage venture capital fund of SSE Business Lab and the Stockholm School of Economics. The fund invests in startups admitted to the Incubate program, where they receive coaching, office space and access to a wide range of investors, partners and relevant expertise.