Venture financing in the United Kingdom 2012 — Q2'17 $2,000.0 500 $1,800.0 450 $1,600.0 400 $1,400.0 350 $1,200.0 300 $1,000.0 250 $800.0 200 $600.0 150 $400.0 100 $200.0 50 $0.0 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2012 2013 2014 2015 2016 2017 Capital invested ($M) # of deals closed Source: Venture Pulse, Q2'17, Global Analysis of Venture Funding, KPMG Enterprise. Data provided by PitchBook, July 13, 2017. As in other developed markets, venture financing volume continued to slide — however gently — in the United Kingdom, yet VC invested spiked upward. Investors are certainly warier of any potential politically related uncertainties, yet they are still willing to put money to work. It is worth noting that one company alone — virtual gaming operating system maker Improbable — was responsible for no less than $502 million raised. © 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. #Q2VC