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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>The winter season offers a natural moment for reflection and resolve. At Serra, we're using this time to be intentional in our preparation for the months ahead. We're committed to operating with excellence and delivering exceptional value to our portfolio company teams and investors. See below for current highlights and for what is on the horizon!</strong></p></div>
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      <h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.40625em;mso-line-height-alt:1.40625em;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;text-align:center;"><strong><span data-letter-spacing="3" style="font-size:inherit;font-weight:inherit;line-height:inherit;margin:0;letter-spacing:0.2em;">DREW BEARD PROMOTED TO PRINCIPAL</span></strong></h4>
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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fefefe;"><strong>Serra is excited to announce that Drew Beard, previously serving as an Associate with Serra, will transition into the role of Principal. Drew’s new role will have a strong emphasis on investment-related responsibilities.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fefefe;"><strong>Since joining Serra, Drew has played a key role in investment sourcing, due diligence, and portfolio company growth. His work spans the full investment lifecycle—from identifying opportunities to supporting companies post-investment.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fefefe;"><strong>“Drew has become an indispensable member of our investment team. He has consistently demonstrated growing leadership in sourcing high-quality opportunities, leading new investments, and partnering closely with our portfolio companies to drive results,” said Rob Schultz, Partner with Serra. “His promotion to Principal reflects the impact he has made on Serra Ventures and the confidence we have in his continued contributions.”</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fefefe;"><strong>Drew brings experience across early-stage investing, M&amp;A advisory, and portfolio company operations. Before joining Serra Ventures, he worked in public accounting in Chicago and Champaign, where he specialized in private equity, venture capital, and agribusiness clients. He is also a licensed pilot and flight instructor with a lifelong passion for aviation.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fefefe;"><strong>Drew is a proud graduate of the University of Illinois with a bachelor’s degree in Agricultural Economics and a Master’s degree in Accounting. </strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fefefe;"><strong>“I’m excited to step into the Principal role and continue supporting the next wave of founders solving problems that matter. I’m especially energized by opportunities to help Serra continue to sharpen our fund strategy, support capital-efficient growth, and back teams with the discipline and vision to build enduring businesses,” Drew commented. “It’s a privilege to grow with Serra and contribute to both our portfolio and the firm’s continued evolution.”</strong></p></div>
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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>10 Finalists Announced!</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>This March, the University of Illinois Research Park will be the host site for the Ag and Food Regional for Startup World Cup. This pitch competition will give 10 entrepreneurs the opportunity to showcase their ideas at the AgTech Summit and compete to attend the Startup World Cup Grand Finale in October 2026. The 10 finalists are are follows: </strong></p><ul data-rte-list="default" style="padding-left:25px;"><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Farmland Stock Exchange (farmlandstocks.com) connects retiring landowners with tenant farmers to solve farmland succession and access challenges, leveraging deep Illinois roots and strategic farmer-investors to secure first-mover advantage and trusted deal flow.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Explain Ag (explain.ag) builds science-based enterprise software that embeds predictive agronomic intelligence into customer systems to drive scalable sales growth and durable competitive advantage.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>SpecVision (specvision.com) turns equipment photos into verified specifications in minutes, delivering 75% lower assessment costs while building the industry’s first compounding equipment data layer.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>TerraForce, Inc. (terraforce.ai) deploys farm-scale robotic fruit harvesters that match human labor costs while delivering faster, safer, and compliance-free picking and packing.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>American Prime Sustainable Solutions (americanprime.co) turns satellite and AI intelligence into real-time agricultural decisions, powering autonomous action, scalable operations, and measurable outcomes across every acre.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>C16 Biosciences (c16bio.com) produces fermentation-derived oils that outperform traditional commodities on stability and sustainability while supplying global brands at commercial scale.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>DMR INTERNATIONAL INC. (dmri-inc.com) provides a drop-in antimicrobial pellet solution that upgrades stormwater and wastewater treatment performance without new infrastructure or hazardous chemicals.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>LegacyAcres (legacyacres.co) digitizes farm succession planning with expert-built logic and strategic distribution partnerships that help farm families transition ownership with clarity and confidence.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>GigaCrop, Inc. (gigacrop.com) engineers enhanced photosynthesis seed traits that bypass biological yield limits to double crop productivity and improve drought resilience across major crops.</strong></p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Soil1 (soil1.com) delivers sub-$1, instant soil health testing that empowers farmers to make real-time regenerative and carbon-smart decisions without relying on costly lab analysis.</strong></p></li></ul><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>The Champaign Agriculture and Food Regional competition is a partnership between Serra Ventures, the University of Illinois Research Park, Pegasus Tech Ventures and Startup World Cup. The national competition culminates in a Grand Finale in Silicon Valley in October, where the top startups from each region will compete for a $1 million investment prize.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>The Startup World Cup is part of the 11th Annual AgTech Innovation Summit at the University of Illinois Research Park, taking place on March 10, 2026. Serra Ventures is a proud sponsor of this event.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>"Sponsoring the Startup World Cup Food &amp; Ag Regional is a key part of our strategy to gain access to the best investments in agriculture. Through this event, we're able to further build out our pipeline of startups and provide mentorship and support along the way,” commented Jack Marck, Associate at Serra. “We are recruiting globally for this competition and by doing so, we're able to elevate the Serra Ventures brand among founders and our VC peers from across the world, increasing our syndication opportunities and dealflow."</strong></p></div>
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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Join us on March 9, 2026, for an interactive investor event designed to stress-test venture theses and sharpen fund management through experience—not slides. The retreat will begin at noon with a luncheon, followed by a full afternoon program.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>This year’s program features Venture Games, a game-based simulation that compresses an entire venture fund lifecycle into a single afternoon. Participants operate as fund managers, deploying capital, managing reserves, and making follow-on decisions as market signals emerge and conditions shift over time. The afternoon concludes with a facilitated debrief. </strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>This is an invite only event. For more information, contact Jack Marck at jack@serraventures.com.</strong></p></div>
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