MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Everything is in Motion. Everything is Connected. Opportunities Abound.

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

NOTICES

Copying of this material without prior authorization from Motus is prohibited.

Extensive Notices to Investors are included in the Motus Ventures III Private Placement Memorandum (PPM). Prospective Investors are expected to read such notices prior to considering an investment with Motus.

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Motus Ventures – Autonomy and IOT

• Focused on Autonomy and IOT – technology which will pervade and transform society

• Motus I: $5M invested -> $30M book value (2.5 yrs)

• Motus II: $10M fund raised in 1H16, 75% invested

• Managing Partners: Jim DiSanto and Robert Seidl

• 12 Advisory Members with substantial industry experience and expertise

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Autonomy and AI will Pervade our Economy

$ billions

Consumer Autonomous Vehicles

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Enabling Technologies

Sensors

• Vehicle, smartphone, infrastructure

• MEMS, LIDAR, vision, haptic etc.

Software

• AI/ML is the platform

• Mobile Apps

• IoT and sensor control SW

Services

• Big data in the cloud is key

• Analytics and predictions

• Machine learning and AI apps

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Portfolio

Auro Robotics

Global leader in solid state LiDAR

Localization and Navigation for AVs

Self-driving golf carts for campuses

Intrusion Detection/Prevention for Cars

Drone Ag – multispectral imaging

Connect Appliancesto Smart Home Eco-System

EV charging SW forenterprises and cities

Last mile deliveryfor Ecommerce

Remote vehicle diagnosticsfor service/repair industry

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Managing Partners

• Co-founded Motus 2012

• Co-Founder KonaWare -> Yamei / Trimble

• Co-Founder Simplexity (OTC – INPH)

• Co-founder Vicinity (OTC - VCNT / MSFT)

• Stanford MBA / UMich BSEEJim DiSanto

• Co-founded Motus 2012

• Apple, Taligent, Adobe, Realtime Video, VPE

• Canoma -> Metacreations

• Ceneca -> AdobeRobert Seidl

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Active Advisory Partner Network

- Our Advisors are Equity Stakeholders- Active in Field, Monthly Meetings, Daily Contacts

Andy Chen N. Weintraut Mark Licht Bob Denaro John Formisano Dan Gilbert

Joe Dinucci Skip Stritter Steve Wollenberg Tom Dueterme Terry Cross Mark White

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Deal Sourcing

JLR Tech Incubator

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Industry Collaboration, Deal Vetting

Logistics:Port of Singapore Authority

Cisco Systems:Smart Cities and IOT Programs

Samsung:IoT, Mobility, Smart Home, Automotive

LG:IoT, Automotive, Display, Mobility

Siemens, ABB, Delta Corp, GE:Smart Transportation, Smart InfrastructureSmart Home/BldgDRMS

Ericsson, Huawei, ATT, Verizon:ConnectivitySmart TransportationSmart Infrastructure

Automotive OEMs:Nissan/Renault, GM, Ford, Honda, Toyota, Hyundai/Kia, FCA, Mercedes, BMW, SAIC, Chery, Changan Motors, BYD, SVW, SGM, GWM

ChinaSAIC, Changan, BAIC, GWM, Baidu, TenCent, AutoNavi, NavInfo, Huawei, SITRI

Tier One / Tier Two Suppliers:Delphi, Continental, Denso, Magneti Marelli, Lear, Magna, Bosch, Harman, F10, Faurecia, NXP, Nvidia

Telematics:Trimble Navigation, Fleetmatics, Lytx, Zonar, others

Drones/UAVs:DGI, Yuneec, Boeing (Insitu), Aerovironment

Maps/Navigation:Google, HERE, NavInfo, Alibaba/AutoNavi, TomTom

Oil & GasBP

MOTUS VENTURES CONFIDENTIAL & PROPRIETARY

Portfolio Financings

FINANCINGSAutoAdvantage

Group

Quanergy

SystemsEV Connect

Argus Cyber

SecurityDoorman Sensibo Civil Maps SlantRange

Auro

RoboticsEngie

INITIAL ROUND Series Seed Series Seed Series Seed Series A Series Seed Convertible Convertible Series A Convertible Series A

INVESTMENT DATE July-2013 Nov 2013 April-2014 August-2014 March-2015 Sept 2015 Nov 2015 Feb 2016 Apr 2016 June 2016

VALUATION (pre) $1.2M $8.0M $2.0M $8.0M $4.5M $8.0M $10.5M (CAP) $10M $10M (CAP) $4.5M

AMOUNT INVESTED $200,000 $300,000 $150,000 $50,000 $300,000 $300,000 $500,000 $276,000 $750,000 $350,000

TOTAL RAISE $350,000 $4,500,000 $1,500,000 $4,000,000 $1,500,000 $1,800,000 $1,850,000 $2,500,000 $1.7M+ $3.0M

ADDITIONAL

FINANCING/DATE

DISSOLVED as of

12/31/2016Series A/Oct2014

Convertible/ Aug

2014

Series B/ Aug

2015

Series Seed 2 /

Sept 2015

Series Seed 2 /

July 2016

Convertible/

Feb 2016

VALUATION (PRE) $80M N/A $60M $8M $10M $21.5M (CAP)

AMOUNT INVESTED $1.33M $0 $120,000 $0 $500,000 $0

TOTAL RAISE $35M $26M $1.5M $840,000 $1,000,000

ADDITIONAL

FINANCING/DATE

Series

A+/Mar2015

Convertible / Aug

2015

Convertible/

Mar 2016

Series Seed/

June 2016

VALUATION (PRE) $150M N/A $16M (CAP) $45M

TOTAL RAISE $10M $1M $300k

$6.6M

(include

conversions)ADDITIONAL

FINANCING/DATE

Series

B/Mar2016

Convertible / Dec

2016

Convertible /

4Q2016

Series A SAFE

1Q2017

VALUATION (PRE) $1.5B N/A N/A $120M

AMOUNT INVESTED $3.5M $0 $0 $1.3M

TOTAL RAISE $90M+ $1M $500K $4M to date

TOTAL RAISED TO DATE $350K $140M $5M+ $30M+ $4M+ $2.6M+ $10M+ $2.5M $1.7M+ $3.0M