Presentazione standard di PowerPoint · VC Investments

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LVenture GroupA Scaling Tech Hub

Corporate Structure

Listed on MTA

Management Team

Acceleration Program

500

Applications per year

2-3%

Acceptance rate

5 months

Duration of each batch

€80K / 9%

Standard deal cash / equity

Revenues > 0

Minimum target required

80%

Success rate @ Seed

VC Investments

€80K €50-150K €50-150K<€10K

ü ü ü ü

LVG investment

up to €0.4M-

ROUND

VALUATION

1st SeedMicro-Seed Series A+2nd SeedPocket Money

€80K

<€1M €1.5-2M €2-6M >€6M

-

-

€300-700K €700K-1.5M >€1.5M

Strategy

Open Innovation

SPONSORSHIP INCUBATION EDUCATION

Network improvement Dealflow origination Digital transfer

Around LVG: a Connected Ecosystem

55+

Startups in portfolio

€15M

Last portfolio value (LVG)(*)

€130M

Portfolio Value (100%)

Results

Data as of 31.12.2017

(*) IAP figures, €13M under IFRS

€41M

Invested in LVG startups

€10M

Invested by LVG

1,100+

Jobs created

Market Issue: Limited VC Investments in 2017

Source: Annual European Venture Capital Report 2017,

Dealroom

€7.1B

€2.8B€2.5B

€0.9B

€0.1B

Opportunity: Higher International Valuations

@ Seed @ Series A

€1.5M

€5M >€5M €6M

>€10M>€15M

Reference: pre-money valuations for digital startups

Source: Venture Pulse, Dealroom, LVenture Group

@ Series B+

€15M

€30M

€40M

VC and J-Curve (Accelerated Growth)

2013 20212018

VC in Italy now ready for take-off: renewed interest from public & private investors

Growing Portfolio of Digital Leaders

Portfolio Highlights

Main Deals 2017/1Q18

1st Portfolio Exit 2016/17

2.7x

2nd Seed

€1.5M

Seed

€500K

2nd Seed

€1.0M

2nd Seed

€1.2M2nd Seed

€1.4M

Funding Pipeline

20192018

Strong revaluations expected in the next 24 months driven by large investment rounds

Strategic Recap

@ Acceleration Program

INTERNATIONAL

CO-INVESTOR

@ Tech hub

PARTNERSHIP

LVG: an Exciting Vision for 2018

@ VC Investments

ANCHOR

INVESTOR

€M 2016A 2017A 2018E 2019E 2020E 2021E

Investments 2.3 2.6 3.0 3.2 3.3 3.5

Revenues 1.7 2.4 3.5 4.3 4.9 5.5

EBITDA (1.0) (0.9) (0.5) (0.1) 0.1 0.3

Write-offs (0.7) (0.4) (0.6) (0.7) (0.8) (1.0)

Exits Gains 0.1 - 0.4 1.6 5.1 8.6

Net Income (1.9) (1.6) (0.9) 0.5 4.0 7.6

BP 2018-2021

LVG: European Excellence

#1 in ITALY #2 in EUROPE

Equity Value

€18mn(*)

LV.EN. Holding 36.2%

LUISS 3.5%

Sara Assicurazioni 2.5%

Kairos 1.5%

Zenit SGR 1.5%

STRONG MANAGEMENT TEAM

DIVERSIFIED VC PORTFOLIO

HIGH EXPECTED RETURNS

LIQUID ASSET

1

4

2

3

(*) Including €1.4M shares not listed

Free Float 54.8%

LVG: a Scaling Tech Hub

Via Marsala 29H Rome

lventuregroup.com

Via Marsala 29h Rome

Phone +39 06 4547 3124

lventuregroup.com

info@lventuregroup.com