MMC Ventures slide deck for Europas nomination

1. EIS Fund Manager of the Year(2008)
Finalist (2009, 2011 & 2012)
7 portfolio companies in the SVC2UK ‘100
Club’ 2013
Equity Gap Fund of the Year
Shortlisted (2012 & 201313)
17th April 2014

2. Important notice
This presentation constitutes a financial promotion and is made by MMC Ventures Limited (“MMC”) of 2
Kensington Square, London W8 5EP, a firm authorised and regulated by the Financial Conduct Authority
(“FCA”). Prospective Investors are advised to consult their own independent financial adviser authorised by the
FSA before contemplating any investment. Prospective investors should not regard the contents of this
presentation as constituting advice relating to legal, taxation or investment matters and are advised to review
the MMC EIS Fund Information Memorandum and to note the section headed Risk Factors when considering an
investment.
Whilst MMC has taken reasonable care to ensure that all the information in this presentation is materially
accurate and not misleading, no representation or warranty, express or implied, is given by or on behalf of
MMC as to the accuracy or completeness of the information or opinions contained in this presentation.
Past performance is not necessarily a guide to future performance and may not be repeated. You should be
aware that share values and income from them may go down as well as up and you may not get back all or any
of the amount you originally invested.
The information in this presentation makes reference to EIS relief, IHT relief and CGT Deferral relief. The tax
reliefs are those currently available and may be subject to future change and their availability is dependent on
upon the individual circumstances of each investor.
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3. Our heritage
Page 3
Syndicate of experienced
High Net Worth business
angels
FCA authorisation
secured
EIS and non-EIS deals
MMC launches EIS Fund
EIS deals only
MMC ECF raises £30m 10
year LLP incl. £20m from
HMG and attracts
endowments to MMC Co-
Fund
Co-invests with EIS Fund
2004
£14m MMC London Fund
from Mayor of London
Co-invests with EIS Fund
2000 20062002 2008 2010 2012 2014
MMC today:
£130m+ of funds
raised;
£10m+ invested
by team
• Extensive due diligence by institutions and Government
• Invest only on the commercial merits of the deal: we co-invest institutional
and EIS money
• Team has personal exposure to every EIS deal

4. Investment Focus
Page 4
Focus on sectors where UK is a world leader with a deep pool
of expertise and talent available
Sector breakdown of
current MMC investments
(by number of companies)
19%
8%
12%
15%
23%
23% Business Services
Financial Services
Other
Digital Media
E-Commerce
Business Software

5. Investment stage
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Proof of
Concept
Seed
Stage
First
Round
Second
Round
Expansion
Capital
Major Scaling
Capital
SourcesofPrivate
EquityFunding
Founders, family, friends
Accelerators
Business angels & networks, seed funds
Corporate venture funds
IPO
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Early stage VCs
Growth VCs, private equity etc.

6. Deal Flow
Page 6
Focus on fast developing businesses that we can fund along the growth curve.
Aim to invest £5-6m per company over 2-3 rounds
1,000 plans reviewed
175 teams met
21 individual investment
rounds (new & follow on)
14 year old network
Proactive search for deals in chosen sectors
Thorough filtering
Huge bank of sector expertise
Co-investments with international VCs – e.g.
Bessemer Venture, Chernin Group ,Tiger Global
In 2013

7. Recent investments
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Multi-niche e-commerce business
focused on furniture retail
December 2013
Online home swapping
community
September 2013
An online marketplace to list,
discover and book short-term
retail space around the UK.
November 2013
Cloud-based CRM software tool
for recruitment services market
March 2014
A recipe box business that
delivers a weekly box of healthy,
responsibly-sourced ingredients
November 2013
A curated online-movie service
catering to independent and
art-house film enthusiasts
March 2014
The UK's largest fitness network.
February 2014
Europe's largest independent,
full service mobile marketing
specialist.
February 2014

8. Considered approach to management
Page 8
Across current portfolio:
• Average revenue growth: 5x
• Over 2,000 jobs created
• Hands-on approach helps businesses build strong teams and drive good processes
• Attract substantial follow-on funds from major global institutional VCs
• Exit strategies explored and agreed from outset
“For investors with an appetite for backing young growth companies, MMC EIS
is one of the most experienced and responsible managers in this sector.”
Allenbridge Tax Shelter Report (February 2013)

9. Attracting co-investment
• We are getting industry recognition for our deals, attracting
generous co-investment. In 2013 alone we attracted over
$100 million in total investment into the portfolio.
• During 2013 we invested in 18 companies, these deals
attracted co-investment in every case, mostly from
international institutional investors.
“Recognition in the industry goes a long way to illustrating the great
work we’ve been doing funding and supporting high-growth
businesses. We’re demonstrating significant long-term value being built
in our portfolio.” – Bruce Macfarlane, Managing Partner
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10. Outstanding team:
over 50 years of combined VC experience
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Bruce Macfarlane
Managing Partner
Former Managing
Director at Merrill Lynch.
Bruce qualified as a
barrister in London and
an attorney in New York.
Alan Morgan
Chairman
Alan spent 28 years at
McKinsey & Co where he
was head of the financial
services practice in UK,
Europe and the Middle East
Jon Coker
Partner
Formerly of global
leveraged fund team at JP
Morgan. Jon has an MEng
in Engineering Science
from St Peters, Oxford
University.
Rory Stirling
Partner
Rory was in the UK M & A
team at Greenhill & Co,
before going on to
found a start-up business
in the social media space.
Camilla Dolan
Investment Manager
Formerly Consultant and
Case Team Leader at Bain &
Co specialising in fin-tech.
She has an MA in Law from
Merton College, Oxford.
Simon Menashy
Investment Manager
Previously senior consultant
in the Strategy practice at
Deloitte, working with
media, telco and
technology companies.
Margaret Perchik
Financial Analyst
Has a BSc in Physics,
completed a course in
Financial Engineering taught
by Columbia University
professors and is training for
her CFA I.
Anna Slemmings
Sales & Marketing
Previously the marketing
manager for a media
production company and
publisher of special interest
reports for The Times.
Venetia Kennedy
Investor Support &
Team Assistant
Previously assistant at
Oxygen, an insurance
broker in the City.
Victoria Ferguson
Legal Counsel
Victoria is a qualified
solicitor. She was
previously in private
practice at the London
offices of Jones Day.

11. MMC in a snapshot
Offers investors exposure to a portfolio of hard-to-access, fast growing
private UK companies, combining real capital upside potential with very
generous tax incentives.
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 Experienced: founded in 2000 with c. £110m AUM
 Dynamic: ranked 3rd most active early stage investor in the UK
 Discerning: all new deals selected each year from massive deal flow
 Focused: tech-enabled business in sectors where UK is a world leader
 Engaged: active and supportive MMC involvement on every deal
 Successful: strongly performing portfolio of 28 companies
 Aligned: the team has invested over £10m across the portfolio

12. Page 12
Contact details
Anna Slemmings, Sales & marketing
Email: anna.slemmings@mmcventures.com
Tel: 020 7361 0221
Website: www.mmcventures.com
MMC Ventures Limited
2 Kensington Square
London W8 5EP