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investors

Upscale Class of 2017

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

We’re happy to round out this week with a big congratulations to the start-ups that are part of Tech City UK’s Upscale Class of 2017. Upscale is a program for the most promising early stage start-ups to begin their journey to success. Each of the 33 companies are mentored by some of the UK’s most successful tech entrepreneurs including Riccardo Zacconi (KING.com/Candy Crush founder); Martha Lane Fox and Brent Hoberman (Lastminute.com founders); Lesley Eccles, (FanDuel founder); and David Buttress (Just Eat founder). The start-ups in Upscale are from a wide variety of tech sectors. The companies also reflect the UK’s strength in particular markets,…

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Monese Raises $10M A Round From International Investors

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

In one of the first rounds of 2017 and another win for Fintech, Monese, a banking app for immigrants and expats, announced a hefty A round of $10 million. The app caters to immigrants and expats and in the context of Brexit, the round is notable because of its international consortium of investors. Two lead investors, Estonia’s Smart Cap (in the first round with Seedcamp) and Korea Investment Partners (in this current round) are our clients and we’re pleased to have advised them on this deal. Other investors in the round include Anthemis Exponential Ventures and STE Capital. The total funds raised…

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Client News: InMotion Hosts Smart Transportation Hackathon

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

We’re pleased to be advisors to InMotion, the independent venture from Jaguar Land Rover. InMotion plans to transform the experience of personal travel and deliver greater freedom, choice and well-being in movement. In other words, smart transportation.  Smart Transportation Hackathon On November 3, 2016 in London, InMotion is having it’s first hackathon. The hackathon is focused on transforming the future of transportation. During the day, from 5:30 to 11:30 pm, hackers will have a chance to solve a technical challenge that can be utilised by the wider community. This gives them a chance to be a part of solving real customer mobility problems….

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Mergers, Lists and Launches: Atomico, Transferwise & Kano

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

Our clients are always on the move and despite holiday nature of the summer months, July and August have been no exception. Here’s a round up of a few strategic wins for our clients. Hailo has joined forces with Daimler’s MyTaxi and created Europe’s largest taxi e-hailing company. With the merger, the companies say they will now serve three million customers with 100,000+ registered taxi drivers across 50+ cities in nine European countries. Our client, Atomico was one of the investors in this deal and we’re happy to have helped them with this exciting merger. The MIT Technology Review recently published their list…

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Lodgify Closes 1.4 Million Funding Round

By | Client news, Entrepreneurs, investors, Startups

We recently helped our client Lodgify close their new €1.4 M funding round with Nauta Capital and other existing investors including Chris Hitchen, HOWZAT Partners and Roland Zeller. Lodgify has raised a total of €2 M to date to help rental owners and property managers generate more direct bookings and become less dependent on online travel agencies like Airbnb. Lodgify provides website builder software to enable vacation rental owners to build their own branded websites. In a recent interview with TechCrunch, Dennis Klett, CEO & Co-founder, Lodgify, said the problem is that most vacation rental owners do not have a…

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Elasmogen Spins Out Of The University Of Aberdeen

By | Biotech, Client news, Investor and VC News, investors, Life Sciences

In spin out news, we advised Elasmogen on a variety of corporate and commercial matters in connection with its spin out from the University of Aberdeen. Elasmogen is a biologics drug discovery company that specialises in antibody-like proteins called soloMER. Our legal team advised and negotiated on a variety of corporate, commercial and IP agreements, including, a subscription and shareholders’ agreement, patent licence agreements, material transfer, facilities and management and secondment agreements.

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The New Seed Round

By | Entrepreneurs, Investor and VC News, investors, Partner Insight

In January 2016, Tech.eu reported there was a massive uplift of seed and series A rounds across Europe.  According to the research, the biggest increases were seen at €500K or lower (pre-seed or seed) and in rounds between €1M and €5M. Tech.eu reports that compared to one year ago, deals tripled in this bracket  –  from two to 76 in 2016. At JAG Shaw Baker, this is exactly what we’ve been seeing over the past several years — a proliferation of small Seed rounds between €150K and €500K. In addition, the two other trends from our vantage point are a shift in…

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Client News: M&A, IP And Partnerships

By | Client news, Entrepreneurs, Investor and VC News, investors, M&A, Startups

From an M&A deal to Condé Nast to an interesting intellectual property matter for one of the oldest cutlery companies in Europe, here’s a short round up of some of our client’s success and news: Partnerships: For the second time in 2016, our client TransferWise has joined forces with a bank. Earlier this year it was Estonia’s largest bank LHV. This time it was a German FinTech start up, Number26 backed by Peter Thiel. Number 26 is considered to be Europe’s first mobile bank. TransferWise and Number26 have teamed up to give Number26 customers in-app access to a cheap international money-transfer service. Number26’s new service…

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Morphogen-IX Raises £1.5M From Index Ventures

By | Biotech, Client news, investors, Startups

Cambridge-based Morphogen-IX just raised a £1.5 seed round led by Index Ventures. The company is a spin-out from Cambridge University which is working on a treatment for pulmonary arterial hypertension (PAH) which affects about 6,500 people in the UK alone. PAH is caused by the narrowing of blood vessels that lead from the heart to the lungs. When these arteries narrow, it becomes harder for the heart to pump blood through to the lungs, leading to breathlessness and heart failure. The round also included investment from Cambridge Innovation Capital and Cambridge Enterprise Seed Funds. The company says it’s dedicated to developing a therapy that will…

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