Series B Median Last 5 years average 40 Last 10 years average US Median 30 ) M $ ( e z i s 20 d n u o R 10 0 9 9 0 0 1 1 2 2 3 3 1 1 2 2 2 2 2 2 2 2 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 1 3 1 3 Q Q Q1 3 Q Q Q1 3 Q1 3 Q Q Q Series C Median 100 Last 5 years average Last 10 years average US Median 80 ) M 60 $ ( e z i s d n u o 40 R 20 0 9 9 0 0 1 1 2 2 3 3 1 1 2 2 2 2 2 2 2 2 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 Q1 3 1 3 1 3 1 3 1 3 Notes: Q Q Q Q Q Q Q Q Q Data is as of 30 September 2023. Excludes the follow- ing: biotech, secondary transactions, debt, lending Sources: Powered by capital, and grants. | 44
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