Expon I

Expon I is a venture capital fund managed by Expon Capital, a private equity firm established in 2015 and based in Luxembourg. The fund focuses on making investments in technology companies at various stages, from early to late-stage. It operates across Europe, North America, and Israel, targeting sectors such as software, media, mobile, 3D printing, and telecommunications. Additionally, Expon Capital seeks opportunities in areas like cybersecurity, fintech, big data, digital health, and the Internet of Things, reflecting a commitment to supporting innovative companies with the potential for significant positive impact and exponential growth.

Marc Gendebien

Co-Founder and Managing Partner

Seunghun Park

Investment Analyst

Owen Reynolds

Venture Partner

Alain Rodermann

Founding Partner

Jerome Wittamer

Co-Founder and Managing Partner

46 past transactions

HelloBetter

Series A in 2023
HelloBetter is a pioneering provider of online psychological training programs, established in 2015 and headquartered in Hamburg, Germany, with an additional office in Berlin. Originally named GET.ON Institut für Online-Gesundheitstrainings GmbH, the company rebranded to HelloBetter in January 2020. It offers a wide range of evidence-based online mental health courses targeting various issues, including stress, depression, anxiety, panic, sleep disorders, and alcohol consumption. The effectiveness of these programs is supported by 32 randomized controlled trials, confirming their scientific grounding. Collaborating with prestigious research institutions such as FAU Erlangen and Harvard University, HelloBetter integrates the latest research into its offerings. The company has been recognized with multiple awards for its contributions to mental health, including the Novartis & Sandoz/Hexal Digital Health Prize and the Comenius Award. Through its initiatives, HelloBetter aims to enhance access to mental health resources and facilitate communication between patients and healthcare providers.

Next Gate Tech

Venture Round in 2023
Next Gate Tech SA, based in Luxembourg City, provides software-as-a-service automation solutions specifically tailored for the asset management industry. Founded in 2015, the company leverages machine learning and data analytics to deliver innovative, cloud-based technologies that streamline middle and back-office operations. Its web platform offers extensive data harmonization and analytics capabilities, enabling clients to gain meaningful insights that optimize their operations, ensure regulatory compliance, and enhance customer experiences. By focusing on smart automation and adaptive solutions, Next Gate Tech aims to improve efficiency and effectiveness in the fund industry.

Sympower

Venture Round in 2022
Their service integrates seamlessly with the operation of smart heating and cooling appliances, so the comfort and convenience of the household are not negatively impacted.

MarketLeap

Pre Seed Round in 2022
Gonuggets is revolutionizing the e-commerce industry with its cutting-edge Operating System for brands. Founded by ex-Amazon leaders, Gonuggets is the only available solution that helps digitally native brands (DNBs) break through their revenue ceilings on e-commerce marketplaces. Gonuggets makes marketplaces the easiest sales channel for brands, with no time, effort, or capital required.

Accelex

Series A in 2022
Accelex is a data acquisition, analytics, and reporting solutions provider for alternative investors and asset servicers.

Next Gate Tech

Series A in 2022
Next Gate Tech SA, based in Luxembourg City, provides software-as-a-service automation solutions specifically tailored for the asset management industry. Founded in 2015, the company leverages machine learning and data analytics to deliver innovative, cloud-based technologies that streamline middle and back-office operations. Its web platform offers extensive data harmonization and analytics capabilities, enabling clients to gain meaningful insights that optimize their operations, ensure regulatory compliance, and enhance customer experiences. By focusing on smart automation and adaptive solutions, Next Gate Tech aims to improve efficiency and effectiveness in the fund industry.

Coinhouse

Venture Round in 2022
At Coinhouse, we believe digital assets and blockchain technologies are breakthroughs that will fundamentally change societies. They will transform the way we exchange value and disrupt the financial system for the better. Founded in 2014 and based in Paris, France, Coinhouse is the leading and trusted partner for investing and safeguarding digital assets using entreprise-grade custody systems. A comprehensive suite of online and in-person services sets Coinhouse apart by: - Offering immediate access to a wide selection of digital assets where transactions can range from tens of euros to several million with best prices and high-level liquidity - A dedicated account manager for all our premium clients to support them throughout their investment journey with premium research and services. - An enterprise-grade custody service offered by our sister company, Coinhouse Custody Services.

HelloBetter

Series A in 2022
HelloBetter is a pioneering provider of online psychological training programs, established in 2015 and headquartered in Hamburg, Germany, with an additional office in Berlin. Originally named GET.ON Institut für Online-Gesundheitstrainings GmbH, the company rebranded to HelloBetter in January 2020. It offers a wide range of evidence-based online mental health courses targeting various issues, including stress, depression, anxiety, panic, sleep disorders, and alcohol consumption. The effectiveness of these programs is supported by 32 randomized controlled trials, confirming their scientific grounding. Collaborating with prestigious research institutions such as FAU Erlangen and Harvard University, HelloBetter integrates the latest research into its offerings. The company has been recognized with multiple awards for its contributions to mental health, including the Novartis & Sandoz/Hexal Digital Health Prize and the Comenius Award. Through its initiatives, HelloBetter aims to enhance access to mental health resources and facilitate communication between patients and healthcare providers.

Coinhouse

Series B in 2022
At Coinhouse, we believe digital assets and blockchain technologies are breakthroughs that will fundamentally change societies. They will transform the way we exchange value and disrupt the financial system for the better. Founded in 2014 and based in Paris, France, Coinhouse is the leading and trusted partner for investing and safeguarding digital assets using entreprise-grade custody systems. A comprehensive suite of online and in-person services sets Coinhouse apart by: - Offering immediate access to a wide selection of digital assets where transactions can range from tens of euros to several million with best prices and high-level liquidity - A dedicated account manager for all our premium clients to support them throughout their investment journey with premium research and services. - An enterprise-grade custody service offered by our sister company, Coinhouse Custody Services.

Hydrosat

Seed Round in 2021
Hydrosat specializes in geospatial analytics by transforming satellite imagery into valuable insights for agriculture and related sectors. The company utilizes thermal infrared satellite imagery to monitor, measure, and manage plant health, thereby enabling businesses to enhance their operations and profitability. By providing data-driven insights, Hydrosat supports enterprises in agriculture, financial services, and government sectors in making informed decisions based on accurate satellite data.

HelloBetter

Seed Round in 2021
HelloBetter is a pioneering provider of online psychological training programs, established in 2015 and headquartered in Hamburg, Germany, with an additional office in Berlin. Originally named GET.ON Institut für Online-Gesundheitstrainings GmbH, the company rebranded to HelloBetter in January 2020. It offers a wide range of evidence-based online mental health courses targeting various issues, including stress, depression, anxiety, panic, sleep disorders, and alcohol consumption. The effectiveness of these programs is supported by 32 randomized controlled trials, confirming their scientific grounding. Collaborating with prestigious research institutions such as FAU Erlangen and Harvard University, HelloBetter integrates the latest research into its offerings. The company has been recognized with multiple awards for its contributions to mental health, including the Novartis & Sandoz/Hexal Digital Health Prize and the Comenius Award. Through its initiatives, HelloBetter aims to enhance access to mental health resources and facilitate communication between patients and healthcare providers.

Refurbed

Series B in 2021
Refurbed GmbH is an online marketplace based in Vienna, Austria, specializing in the sale of refurbished electronic goods. Founded in 2017, the company focuses on offering a wide range of products, including smartphones, laptops, tablets, televisions, and kitchen appliances, all at prices up to 40% lower than new items. Refurbed's products undergo a comprehensive 40-step refurbishment process, ensuring they look and function like new. Each device comes with a minimum 12-month guarantee, highlighting the company's commitment to quality and customer satisfaction. By promoting the purchase of refurbished products, Refurbed not only helps consumers save money but also supports environmentally sustainable practices in the electronics market.

Refurbed

Series B in 2021
Refurbed GmbH is an online marketplace based in Vienna, Austria, specializing in the sale of refurbished electronic goods. Founded in 2017, the company focuses on offering a wide range of products, including smartphones, laptops, tablets, televisions, and kitchen appliances, all at prices up to 40% lower than new items. Refurbed's products undergo a comprehensive 40-step refurbishment process, ensuring they look and function like new. Each device comes with a minimum 12-month guarantee, highlighting the company's commitment to quality and customer satisfaction. By promoting the purchase of refurbished products, Refurbed not only helps consumers save money but also supports environmentally sustainable practices in the electronics market.

Salonkee

Series A in 2021
Salonkee S.A. develops online platform to book appointments for salon. It provides digital calendar, reminder sms, automated stock management and less prices. The company was founded in 2016 and is based in Luxembourg.

Hydrosat

Seed Round in 2021
Hydrosat specializes in geospatial analytics by transforming satellite imagery into valuable insights for agriculture and related sectors. The company utilizes thermal infrared satellite imagery to monitor, measure, and manage plant health, thereby enabling businesses to enhance their operations and profitability. By providing data-driven insights, Hydrosat supports enterprises in agriculture, financial services, and government sectors in making informed decisions based on accurate satellite data.

Accelex

Seed Round in 2021
Accelex is a data acquisition, analytics, and reporting solutions provider for alternative investors and asset servicers.

OCUS

Venture Round in 2021
Ocus is restoring confidence between brands and consumers by producing millions of high-quality always-on images across every sector of the global economy. As the first international community of image creators, they join forces with leading talents. And they leverage technology to bring them face to face with today’s most beautiful brands. By eliminating time-consuming and laborious tasks, they make it easier for everyone to stay focused on the things they do best. Their community of 20,000 image creators stays focused on their creative passion. Photographers, videographers and drone pilots enjoy a powerful and artistic ecosystem to thrive and grow – and to seamlessly tap into new opportunities. Their clients stay focused on their professional goals. With their help, they’re better equipped to grow their business. They’re able to stand out in exciting new ways – to shine light on their people, products, services and values.

OCUS

Series B in 2021
Ocus is restoring confidence between brands and consumers by producing millions of high-quality always-on images across every sector of the global economy. As the first international community of image creators, they join forces with leading talents. And they leverage technology to bring them face to face with today’s most beautiful brands. By eliminating time-consuming and laborious tasks, they make it easier for everyone to stay focused on the things they do best. Their community of 20,000 image creators stays focused on their creative passion. Photographers, videographers and drone pilots enjoy a powerful and artistic ecosystem to thrive and grow – and to seamlessly tap into new opportunities. Their clients stay focused on their professional goals. With their help, they’re better equipped to grow their business. They’re able to stand out in exciting new ways – to shine light on their people, products, services and values.

Dott

Series B in 2021
Dott is a micro-mobility company based in Amsterdam, Netherlands, specializing in shared e-scooters and e-bikes for short-distance travel. Founded in 2018, Dott aims to provide convenient and sustainable transportation alternatives within urban environments. The company has assembled a team of experienced professionals from the mobility and technology sectors in Europe. Recently, Dott secured an initial investment of €20 million to support its growth and expansion efforts.

Pliops

Venture Round in 2021
Pliops Ltd, founded in 2017 and based in Ramat Gan, Israel, specializes in developing innovative cloud storage solutions. The company was established by veterans of the flash storage industry and aims to create a new category of products that significantly enhance data access speeds for cloud and enterprise data centers. Pliops' technology enables data access up to 50 times faster while reducing computational load and power consumption to one-tenth of traditional methods. By streamlining multiple inefficient layers into a single, ultra-fast device, Pliops addresses scalability challenges posed by the rapid growth of cloud data and the increasing demands of artificial intelligence and machine learning applications.

Coinhouse

Series A in 2021
At Coinhouse, we believe digital assets and blockchain technologies are breakthroughs that will fundamentally change societies. They will transform the way we exchange value and disrupt the financial system for the better. Founded in 2014 and based in Paris, France, Coinhouse is the leading and trusted partner for investing and safeguarding digital assets using entreprise-grade custody systems. A comprehensive suite of online and in-person services sets Coinhouse apart by: - Offering immediate access to a wide selection of digital assets where transactions can range from tens of euros to several million with best prices and high-level liquidity - A dedicated account manager for all our premium clients to support them throughout their investment journey with premium research and services. - An enterprise-grade custody service offered by our sister company, Coinhouse Custody Services.

Next Gate Tech

Seed Round in 2020
Next Gate Tech SA, based in Luxembourg City, provides software-as-a-service automation solutions specifically tailored for the asset management industry. Founded in 2015, the company leverages machine learning and data analytics to deliver innovative, cloud-based technologies that streamline middle and back-office operations. Its web platform offers extensive data harmonization and analytics capabilities, enabling clients to gain meaningful insights that optimize their operations, ensure regulatory compliance, and enhance customer experiences. By focusing on smart automation and adaptive solutions, Next Gate Tech aims to improve efficiency and effectiveness in the fund industry.

Wizata

Series A in 2020
Wizata SA, founded in 2014 and based in Capellen, Luxembourg, specializes in developing platform-as-a-service solutions tailored for the manufacturing industry. The company's software focuses on enhancing quality control, maintenance, and overall performance within manufacturing processes. By leveraging artificial intelligence, Wizata provides tools that address critical areas such as production optimization, quality sustainability, and predictive maintenance. The company also caters to various sectors, including insurance, energy, healthcare, and e-commerce, aiming to uncover valuable insights from both internal and external data. Through collaboration with industry experts and data scientists, Wizata offers customized solutions to help clients navigate the complexities of their specific challenges and identify unexploited opportunities.

nexten.io

Seed Round in 2020
nexten.io aims to bridge the gap between tech talents and the traditional recruitment industry. While our core business consists of operating a qualified, peer to peer match-making platform for tech candidates & companies, we are also actively involved in building a tech community.

Nannybag

Seed Round in 2020
Nannybag SAS operates an online platform that allows travelers to store their luggage in partner locations such as shops, restaurants, bars, and hotels throughout Europe and beyond. Founded in 2016 and based in Paris, France, Nannybag serves over 160 cities across 16 countries. The service is particularly useful for travelers who need storage before checking into accommodations or after checking out, as well as for those in transit or visiting attractions. The platform ensures a secure booking process, with all reservations insured by AXA Insurance. Pricing is competitive, starting at €6 for the first 24 hours and $4 for each additional day in Europe and the US. For security reasons, the exact locations for luggage drop-off are revealed only after a booking is completed, minimizing the risk of unregistered customers. Nannybag's network includes major cities like New York, Paris, Berlin, and London, making it a convenient option for travelers seeking flexible luggage storage solutions.

nexten.io

Seed Round in 2020
nexten.io aims to bridge the gap between tech talents and the traditional recruitment industry. While our core business consists of operating a qualified, peer to peer match-making platform for tech candidates & companies, we are also actively involved in building a tech community.

Next Gate Tech

Seed Round in 2019
Next Gate Tech SA, based in Luxembourg City, provides software-as-a-service automation solutions specifically tailored for the asset management industry. Founded in 2015, the company leverages machine learning and data analytics to deliver innovative, cloud-based technologies that streamline middle and back-office operations. Its web platform offers extensive data harmonization and analytics capabilities, enabling clients to gain meaningful insights that optimize their operations, ensure regulatory compliance, and enhance customer experiences. By focusing on smart automation and adaptive solutions, Next Gate Tech aims to improve efficiency and effectiveness in the fund industry.

Wefarm

Series A in 2019
Wefarm Limited operates a digital platform designed to facilitate communication among small-scale farmers, allowing them to share agricultural knowledge and solutions via SMS and online channels. Founded in 2015 and headquartered in London, with additional offices in Nairobi, Kampala, and Dar es Salaam, Wefarm connects users with one another, agribusinesses, and micro-finance institutions to enhance farming practices. The platform enables farmers to ask questions and receive crowd-sourced answers, addressing various agricultural challenges such as improving crop quality, increasing yields, and adapting to climate change. Wefarm has garnered recognition for its innovative approach, receiving several awards, including accolades from FastCompany and Google’s Impact Challenge.

Smartrenting

Series A in 2019
Smartrenting, Inc. is a real estate agency founded in 2015 and headquartered in Paris, France, with an additional office in Lyon. The company specializes in providing a legal and secure sub-letting solution for apartment owners, enabling them to manage their properties during their absence. Smartrenting insures the apartments and carefully selects future tenants, ensuring that accommodations are returned in a better condition than when they were sublet. The company’s online platform facilitates efficient renting management, removing barriers for travelers and simplifying the renting process for both owners and tenants.

Spire

Series D in 2019
Spire Global, Inc. specializes in satellite data services, leveraging a constellation of nanosatellites to provide advanced analytics in maritime, aviation, and weather tracking. The company's key products include Spire Sense, which offers ship tracking data for various applications such as trade monitoring and search and rescue, and Spire Stratus, which delivers global weather information. Spire's machine learning and analytics tools assist clients, including mining companies, governmental agencies, and port operators, in tracking vessels and monitoring environmental conditions. Founded in 2012 and headquartered in San Francisco, California, Spire Global also has offices in Glasgow and Singapore, ensuring real-time global coverage and data insights for informed decision-making.

Dott

Series A in 2019
Dott is a micro-mobility company based in Amsterdam, Netherlands, specializing in shared e-scooters and e-bikes for short-distance travel. Founded in 2018, Dott aims to provide convenient and sustainable transportation alternatives within urban environments. The company has assembled a team of experienced professionals from the mobility and technology sectors in Europe. Recently, Dott secured an initial investment of €20 million to support its growth and expansion efforts.

Service

Convertible Note in 2019
Service gets you paid when your flight is delayed or cancelled.

Verse

Venture Round in 2019
Verse is the payments technology platform that takes the friction out of storing, spending and sharing money. The mobile app allows you to share payments easily, instantly and with no hidden fees and also allows you to choose whether your transactions are private or public so that you can have fun while keeping track of your financial activities. Verse is available for both Android and iOS-based phones and transactions are completed in less than two business days. The company was founded in 2016 and is based in Barcelona, Spain.

Glovo

Series D in 2019
Glovo is a Barcelona-based start-up that revolutionizes access to local goods by offering on-demand delivery services. Founded in March 2015, it operates a mobile application that connects customers with independent couriers, allowing for the delivery of a wide range of products, including food, groceries, and urgent packages, often within 60 minutes. The app features geolocation technology, enabling users to track their deliveries in real-time and find the nearest courier. Glovo's services extend across several countries, including Spain, Italy, Portugal, France, Argentina, Chile, Bolivia, and Peru, with plans for further expansion. By facilitating quick and efficient delivery from local shops and restaurants, Glovo provides users with a convenient solution for their everyday errands.

OpenExO

Convertible Note in 2019
OpenExo is a global transformation ecosystem to transform the future of organizations, institutions, and people and unlock the abundance. It also supports the ecosystem projects and members through education, coaching and consulting via digital transformation models and methodologies. The company provides transformation services, leveraging synergies, and sparking convergences for exponential impact. OpenExo was founded in 2018 and is headquartered in Granada, Andalucía, Spain.

Pliops

Series B in 2019
Pliops Ltd, founded in 2017 and based in Ramat Gan, Israel, specializes in developing innovative cloud storage solutions. The company was established by veterans of the flash storage industry and aims to create a new category of products that significantly enhance data access speeds for cloud and enterprise data centers. Pliops' technology enables data access up to 50 times faster while reducing computational load and power consumption to one-tenth of traditional methods. By streamlining multiple inefficient layers into a single, ultra-fast device, Pliops addresses scalability challenges posed by the rapid growth of cloud data and the increasing demands of artificial intelligence and machine learning applications.

Salonkee

Seed Round in 2019
Salonkee S.A. develops online platform to book appointments for salon. It provides digital calendar, reminder sms, automated stock management and less prices. The company was founded in 2016 and is based in Luxembourg.

Passbolt

Seed Round in 2019
Passbolt is an open source password manager designed for the needs of Agile and DevOps teams. It is better because it is: highly collaborative, interoperable (Open API), open source, based on standards (PGP). Passbolt can be used in the cloud or on-prem for maximum data ownership.

Nannybag

Convertible Note in 2018
Nannybag SAS operates an online platform that allows travelers to store their luggage in partner locations such as shops, restaurants, bars, and hotels throughout Europe and beyond. Founded in 2016 and based in Paris, France, Nannybag serves over 160 cities across 16 countries. The service is particularly useful for travelers who need storage before checking into accommodations or after checking out, as well as for those in transit or visiting attractions. The platform ensures a secure booking process, with all reservations insured by AXA Insurance. Pricing is competitive, starting at €6 for the first 24 hours and $4 for each additional day in Europe and the US. For security reasons, the exact locations for luggage drop-off are revealed only after a booking is completed, minimizing the risk of unregistered customers. Nannybag's network includes major cities like New York, Paris, Berlin, and London, making it a convenient option for travelers seeking flexible luggage storage solutions.

Glose

Venture Round in 2018
Glose is a reading platform designed to enhance the reading experience by allowing users to discover, purchase, and engage with ebooks on both web and mobile devices. It facilitates connections among readers, enabling them to see what others are reading and participate in discussions through annotations within the texts. Users can follow fellow readers, access shared highlights and notes, and enjoy a more personalized and interactive reading journey. The platform emphasizes efficiency and social engagement, making it easier for users to synchronize their reading progress across various devices.

Wizata

Seed Round in 2018
Wizata SA, founded in 2014 and based in Capellen, Luxembourg, specializes in developing platform-as-a-service solutions tailored for the manufacturing industry. The company's software focuses on enhancing quality control, maintenance, and overall performance within manufacturing processes. By leveraging artificial intelligence, Wizata provides tools that address critical areas such as production optimization, quality sustainability, and predictive maintenance. The company also caters to various sectors, including insurance, energy, healthcare, and e-commerce, aiming to uncover valuable insights from both internal and external data. Through collaboration with industry experts and data scientists, Wizata offers customized solutions to help clients navigate the complexities of their specific challenges and identify unexploited opportunities.

Catalyte

Series A in 2018
Catalyte is a software engineering services company that focuses on building technology workforces for innovative organizations using data science and artificial intelligence. Founded in 2000 and headquartered in Baltimore, Maryland, the company operates an apprenticeship and workforce training platform known as Odyssey. This platform connects employers with skilled talent through paid apprenticeships that allow individuals to learn and apply new technology development skills on real client projects. Catalyte's services emphasize talent and workforce development, software engineering, application development, and modernization, enabling businesses to access affordable technology solutions while enhancing their software innovation capabilities. By utilizing proprietary AI technology, Catalyte streamlines the hiring process, helping companies efficiently find and deploy qualified employees.

Spire

Series C in 2017
Spire Global, Inc. specializes in satellite data services, leveraging a constellation of nanosatellites to provide advanced analytics in maritime, aviation, and weather tracking. The company's key products include Spire Sense, which offers ship tracking data for various applications such as trade monitoring and search and rescue, and Spire Stratus, which delivers global weather information. Spire's machine learning and analytics tools assist clients, including mining companies, governmental agencies, and port operators, in tracking vessels and monitoring environmental conditions. Founded in 2012 and headquartered in San Francisco, California, Spire Global also has offices in Glasgow and Singapore, ensuring real-time global coverage and data insights for informed decision-making.

Tribe

Seed Round in 2017
Tribe App, Inc. is a company that develops a mobile video messaging application, allowing users to engage in live multiplayer interactions with up to eight friends simultaneously. Founded in 2015 and headquartered in San Francisco, California, the platform enables users to connect effortlessly via video chat, text, and voice messages, without the need for an account. In addition to facilitating real-time communication, Tribe offers features for photo and content sharing, enhancing the interactive experience among users. The application is designed to simplify social connections by allowing users to create and send invite links to friends, promoting seamless engagement.

Nektria

Series A in 2017
Nektria specializes in developing software as a service solutions aimed at enhancing last-mile logistics for e-commerce. Founded by Oriol Serra, Víctor Tejedo, Javier Juncadella, Miguel Valls, and Guillermo Ricarte, the company offers a platform called RECShipping, which optimizes logistics for online supermarkets through a dynamic pricing model that adjusts in real time. This innovative approach enables e-commerce businesses to reduce their operating costs by up to 20% and improve conversion rates by 5%. Currently operating in Spain, Nektria addresses the last-mile delivery challenges by focusing on direct interaction with consumers, a novel approach in the sector. The company employs advanced algorithms integrated into three main tools that streamline route optimization and execution. Nektria's team boasts over eight years of experience in mobility and logistics, supported by prominent investors from various global cities. The startup has received accolades for its innovative potential, including recognition as the most innovative e-commerce SaaS in Europe in 2016.

itravel

Series A in 2016
itravel is an online platform that specializes in planning and booking customized leisure travel experiences. It allows travelers to effortlessly configure trips by selecting from a range of options, including hotels, transportation, and unique activities such as kitesurfing and spa treatments. The platform caters to those seeking luxury and premium vacations, offering tools that enable users to build personalized itineraries based on their preferences. By integrating hotels, agencies, and experience providers, itravel aims to enhance the travel planning process, making it accessible through tablets, the web, and social media. Its focus on sustainable leisure travel further distinguishes itravel in the competitive travel market.
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