Our New Cambridge Office

By | Brand, Current Affairs, Entrepreneurs, Knowledge, Life Sciences

We are very pleased to announce our new office in Cambridge. The office is part of our ongoing commitment to the Life Sciences ecosystem in the area and throughout the UK. The Life Sciences industry is worth around £64 Billion to the UK economy. The UK government is centering part of its new life sciences strategy to make Britain a world leader in Life Sciences on Cambridge. The Cambridge Cluster is already recognised as the hub of the UK life sciences industry with more than 400 companies employing an excess of 13,000 people. Earlier this year, Sir John Bell, Life…

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Five Tips To Prepare Your Life Sciences Organisation For The GDPR

By | Current Affairs, Data & Privacy, GDPR, Intellectual Property

A recent survey from Clearswift asked companies if they felt they had all the necessary processes in place to be compliant for the pending General Data Protection Regulation (GDPR). The top five sectors from that survey that indicated they were ready included technology and telecommunications (32%), education (31%), IT (29%), business services (29%) and finance (29%). But the survey also revealed that healthcare was the least likely to be ready for GDPR and have the processes in place to comply with the legislation. GDPR takes effect on 25 May 2018 and introduces substantial changes to the EU data protection regime. The GDPR…

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In Client News: Crane Venture Partners Leads $30 M Series C For AI Startup

By | Artificial Intelligence, Client news, Entrepreneurs, Investor and VC News, investors, Series C

Congratulations to our client, Crane Venture Partners on leading the Series C $30 Million funding round for London-based Onfido. Onfido uses artificial intelligence algorithms to help websites verify people’s identities by merely using a photo-based identity document and a selfie to curb hackers and security breaches that have exposed personal information of millions of people globally. This is the second round of investment for Onfido following their round of $30 Million including two of our clients Idinvest and Wellington. In an interview with TechCrunch, Scott Sage, co-founder and partner, Crane Venture Partners, said that Onfido is one of the leading data enterprise…

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Bossa Raises $10 Million Series A For Its Simulation Game

By | Client news, Current Affairs, Entrepreneurs, Gaming, Investor and VC News

Summer turns to fall, and our clients continue to show no signs of stopping. In gaming news, we advised London-based Bossa Studios on its $10 Million Series A fundraise ahead of the launch of its upcoming simulation game Worlds Adrift. Atomico led the investment with participation from existing investor, London Venture Partners. Atomico co-founder and partner Mattias Ljungman and executive-in-residence Alexis Bonte, will both join Bossa’s board of directors. In an ongoing validation of the strength of UK and European tech, Bossa will be making use of Improbable’s ground-breaking SpatialOS platform in the creation of Worlds Adrift. The Cambridge-born tech firm has…

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Habito Raises £18.5 Million In A Series B Round Led By Atomico

By | Client news, Current Affairs, Entrepreneurs, Investor and VC News, investors, Startups

JAG Shaw Baker is proud to have advised our client Habito, on their £18.5 Million Series B round led by Atomico. The raise supports Habito, one of the standout ‘PropTech’ companies in the UK, and their vision to leverage the large inefficiencies inherent in the mortgage market. The round brings the total raised by the company to a total of £27m and the funding will be used for marketing and other product development as well as the company’s plans to expand its offering to other parts of the mortgage process such as home and life insurance. Daniel Hegarty, CEO, Habito started the company in 2015. The JAG Shaw Baker team…

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A Look Inside Unbound London 2017

By | Entrepreneurs, Events

In July, our associates Imran Bhatia and Robert Glass attended Unbound London at The Old Truman Brewery near London’s Brick Lane. The annual event brings together entrepreneurs, investors, corporates and journalists from around Europe to take a look at the impact of new disruptive technologies as well as different ways that emerging brands can establish a presence and increase brand loyalty in a fast-moving market.  The red-hot topic of the event was the concept of the startup culture. It was no surprise that the discussion centred around the importance of instilling business fundamentals and structure across start-ups as well as…

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Podcast: The Future Of Legal Services Featuring Neil Miller

By | Artificial Intelligence, Current Affairs, Entrepreneurs, Knowledge, Partner Insight, Podcasts

The future of legal services with Legit Patents and JAG Shaw Baker by This Much I Know What does the advent of artificial intelligence spell for the future of legal services and lawyers themselves? On that topic Seedcamp partner Carlos Espinal is joined by founder and CEO Matt Osman of Legit Patents, the startup building AI-powered applications to automate parts of the R&D process, and Neil Miller, Partner at JAG Shaw Baker and formerly General Counsel at SoundCloud. Our Partner, Neil Miller joined a recent Seedcamp podcast hosted by Carlos Espinal to talk about the future of legal services. Neil…

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Atomico Leads $30 M Investment Round in AI Chip Company Graphcore

By | Artificial Intelligence, Client news, investors, Knowledge, Partner Insight, Robots

Artificial intelligence (AI) takes another step forward. Graphcore, a UK chip designer that designs chips specifically for AI, recently closed a $30 M round to support their continued expansion. The round was led by our client, Atomico and included existing investors Amadeus Capital, Robert Bosch Ventures Captial, C4 Ventures, Dell Technologies Capital, Draper Esprit Plc, Foundation Capital, Pitango and Samsung Catalyst Fund. Atomico is a London-based venture capital firm founded by Niklas Zennstrom, a co-founder of Skype. AI Everywhere According to a recent Bloomberg article, the investors in the round also included several machine learning experts such as Demis Hassabis, the co-founder and CEO of DeepMind. Owned by Alphabet Inc., DeepMind is an…

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European Commission Looks At EU-Wide Civil Law Rules On Robotics And Artificial Intelligence

By | Artificial Intelligence, Current Affairs, Data & Privacy, European Commission, Intellectual Property, Knowledge, Robots

EU told to lead the way on liability rules and ethical standards for Artificial Intelligence. The  European Commission delivers its initial response. In our blog last month, we looked at the Member of the European Parliaments’ (MEPs’) request for the European Commission to lead the way on developing EU-wide liability rules and ethical standards to deal with artificial intelligence. The EU Commission has now issued a response which identifies the need for legal certainty and the legal challenges it faces in identifying where liability should fall amongst the different market players. EU Commission response on liability  The EU Commission wants to capitalise on…

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Liability Rules And Ethical Standards For Artificial Intelligence

By | Artificial Intelligence, Current Affairs, Data & Privacy, Intellectual Property

EU told to lead the way on liability rules and ethical standards for Artificial Intelligence  Artificial Intelligence (AI) is constantly evolving and continues to roll into all facets of industry – from neural networks that connect recycling systems to sort recycling better to AI that makes self-driving cars safer or teaches machines to do more with less. As AI becomes more commercialised, it reveals the complexities around allocating risk and liability for the autonomous actions of AI. Existing EU laws governing liability are largely stable where human input is prevalent in the machine-decision making process. Consider a human instructing Siri…

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