Global 6 —VC invested surges while deal volume continues decline —Median deal sizes grow especially Series D and beyond —Downward pressure on early rounds remains —Mega-deal rounds return particularly in Asia —Continued interest in biotech and autotech Americas 31 —VC investment value bounces back, volume remains steady —Series D+ median valuation hits $250 million —US investment strong but Canada and Latin America struggle US 44 nd —US VC invested reaches 2 highest total since 2010 —First time financings remain stable —M&A dominates exits but IPO’s perk up —Richly valued late-stagers go public Europe 65 —VC deal value stable, volume down —early-stage deals continue decline —Corporate VC participation above 20 percent —Improbable raise of $500 million one of largest in Europe — ever Asia 88 rd —Deal value spikes to 3 highest level of decade —Mid and late-stage deals gain traction —Corporate VC surges to new high of 22.5 percent —Mega-rounds return with a bang © 2017 KPMG International Cooperative (“KPMG International”). KPMG International provides no client services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.

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