ABOUT INVENTO CAPITAL PARTNERS

FUND OVERIVEW


A venture capital innovation fund with a primary focus on the Western Balkans
Selective early stage investments in Serbia, Croatia, Albania, Bosnia & Herzegovina, Montenegro and Macedonia
Specialised in fostering innovation and working directly with local entrepreneurs
Sector agnostic but the main focus is on ICT, e-commerce, biotechnology, energy efficiency, agriculture and food processing with a common thread of technical innovation
A catalyst vehicle that will help develop the entrepreneurial ecosystem
Converting feasible projects into growth businesses, injecting both capital and expertise
Working with local and foreign investors, providing comfort to both parties
Helping entrepreneurs build viable products, manage effectively, and exit effectively

TEAM MANAGEMENT


Team of professionals with direct principal experience in target markets
Investors, entrepreneurs, bankers, engineers, with a first-class reputation and high integrity. More than 50 years of cumulative local and global finance experience, unique to the region
Key members have worked with each other on previous projects in Serbia and Croatia
Spirit of strong mutual trust with complementary skill sets
Partners are establishing Invento Capital Partners with a long-term vision
Team designed around the core competence of incubation, not simply asset allocation. Aiming to build Invento as a leading independent regional VC fund manager
Working with local and foreign investors, providing comfort to both parties
Helping entrepreneurs build viable products, manage effectively, and exit effectively
Excellent worldwide and local network directly relevant to the success of the fund
High-level relationships among other investors, research universities, banks and governments

INVESTMENT STRATEGY


Targeting early-stage projects to capture significant upside at entry level
Acting as an early-stage hands-on partner focused on incubation of high potential companies. Adding value in deal structuring, developing management teams, business plans as well as exit strategies
Sourcing deals through Invento’s excellent local and international network
Working directly with entrepreneurs, local business angel networks and government agencies
Carefully negotiated entry positions with active development of the portfolio companies
Integration of technical and business expertise as well as corporate governance factors
Working with local and foreign investors, providing comfort to both parties
Helping entrepreneurs build viable products, manage effectively, and exit effectively
Upfront structuring to make the best of multiple exit routes available in the future
Sales to international and local strategic investors, secondary funds, PE funds. Alignment of interests with majority owners, with tailored business plan structuring

OBJECTIVES OF THE FUND


Provide superior returns to its limited partners and serve as a catalyst for the development of the entrepreneurial ecosystem in the Western Balkans by providing necessary growth capital and expertise

Focus on innovative technologies and products, and acting as a pioneer in the Western Balkans market
  • Most early stage funds focus on venture capital in lower-risk, lower-return, proven industries (i.e. software development).
  • There is not only a major gap between project development and capital funding; but also lack of qualified business advisory assistance that Invento intends to bridge with its local prowess in identifying and nurturing growth opportunities
Work with local entrepreneurs as well as other investors with an ‘incubation’ approach
  • Invento will take carefully negotiated entry positions, and assume an active development role in its portfolio companies.
  • Local entrepreneurs will benefit from additional equity, deal structuring, strategic vision, and in certain cases, mobilisation of additional financing sources.
  • Overall economies in the Western Balkans will benefit from knowledge dissemination, strengthening of local networks and launching of innovative products and services.
  • The Fund’s presence in all countries of the region will provide comfort to other investors and raise the overall investment profile of the Western Balkans as a region
Partner with local research universities, business incubators and think-tanks to aid the deal sourcing process
  • Invento will work with various local stakeholders to ensure it stays at the forefront of innovation generation in the region.
  • The Fund’s presence will provide early guidance to promising projects and allow easier access to proprietary deal flow when projects become investment-ready

The Management Teams core area of expertise is an ideal match for funds objectives

GEOGRAPHIC COVERAGE


The Fund will have a focus on the entire Western Balkans market with a dedicated presence in Serbia, Croatia, Albania, Bosnia & Herzegovina, Macedonia and Montenegro