MED-SV is a €160 million venture capital fund headquartered in Barcelona, Spain with remote offices in Madrid and Silicon Valley. The fund invests in mid-stage clean technology companies in Spain and Europe with potential for global expansion. The fund helps portfolio companies access US markets and brings best practices from Silicon Valley around investing and value creation. The team has extensive investment experience in Europe and the US and networks to help portfolio companies succeed globally.

1. European Entrepreneurship and Innovation Series Miguel Valls MED-SV Cleantech Fund January 4, 2010

3. MED-SV At A Strategic Value Point . Portfolio Co. 1 Portfolio Co. 2 Portfolio Co. 3 Portfolio Co. n Energy Oil&Gas Automotive Transportation Waste Mgmt Water Silicon Valley Co-Investor A Silicon Valley Co-Investor B Silicon Valley Co-Investor C Silicon Valley Co-Investor n

5. Challenges: 2009, A Tough Year For Fundraising, Investments, And Exits In EU PE Note: The percentage change mentioned on the right refers to the evolution of the current quarter versus the previous quarter Source: PEREP_Analytics, 2009 +5% -19% +171%