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,…
JAG Shaw Baker was invited to attend Unbound London in last month. The two-day innovation event in December took a stratospheric leap into a hyper-connected future where change will occur in the blink of an eye and be driven more by society. The event kicked off in royal style with the Duke of York, Prince Andrew introducing Pitch@Palace – an initiative created by his charitable trust to guide, help and connect entrepreneurs with influencers, angels, mentors and business partners. Insightful talks and panel discussions followed, touching on topics such as augmented reality, chatbots and even digital love and relationships. Each talk…
As discussed in The New World Order of Innovative Financing, investors are increasingly opting to invest into companies in advance of formal funding rounds (including seed rounds). In the UK, these investments are usually made through convertible loan notes or advanced subscription agreements (known as ASAs). In the US similar instruments like Simple Agreement for Future Equity (SAFE) by Y Combinator and Keep It Simple Security (KISS) from 500 Startups have seen increased usage. In this post, we’re look at the advantages and disadvantages of these instruments from the both the investor and company perspectives. We’ll also look at what…
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…
In early December, Techcrunch Disrupt London came to town. The event hosts Startup Battlefield which gathers early stage startups together on one stage to compete for the Disrupt Cup and a cash prize. As expected, the agenda was jam-packed with a wide-range topics from Brexit and walking robot dogs to flying cars and the continued disruption and innovation of Fintech. On the VC front On the venture capital front, Niklas Zennström, Atomico said that early stage Seed and Series A investments in Europe are now on par with the US, both in terms of amount of capital invested and number of companies….
Congratulations to our client Doctify Limited on raising more than $1M in their Series A funding round led by Amadeus Capital. We advised Doctify from their inception and their initial seed funding through to their Series A funding. It’s been exciting to see their success from the start! Doctify is a new healthcare booking platform that gives patients a tool to search for specialist doctors, compare reviews and prices and book online appointments. In a January article in the Evening Standard, the company says it aims to become the go-to online health platform.
According to The Macro, the ecosystem for seed or early financing is far more complex now than it was just five years ago. From super angels or micro VCs to VC firms themselves with an emphasis on seed funding, the landscape has multiple layers inside the seed funding market. Even the size of seeds has changed. The average size of a seed round on the rise anywhere from €200,000 to €6 million (what we call a super-sized seed). There’s a lot of advice out there too. Philipp Moehring, Head of Europe for AngelList, has some tips for raising a seed round without…
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….
Last week, JAG Shaw Baker was one of the sponsors of GP Bullhound’s 2016 Investor Allstars. The annual awards pay tribute to entrepreneurs and investors in the start up ecosystem including Entrepreneur of the year to VC Fund of the Year. This year JAG Shaw Baker sponsored the Seed Fund of the Year category which went to Entrepreneur First (EF). EF is an accelerator but also a unique training school for entrepreneurs. The accelerator made news when one of their investments, Magic Pony, a visual processing start up, was acquired by Twitter for a reported $150 million (£102m). Congratulations to EF and all the companies and individuals who…
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…
Welcome to the JAG Shaw Baker blog. This is the place where we talk about clients, current news affecting the start-up community, trends in life sciences, digital technology and clean tech markets and even some opinions on legal matters affecting high-growth companies today. We welcome your comments!
Get in touch
If you would like any information on JAG Shaw Baker, please email our marketing department: email@example.com
Jennifer Kite-Powell, Content Editor
Kajsa Eklof, Marketing Assistant
London / JAG Shaw Baker / Berners House / 47-48 Berners Street / London / W1T 3NF
Edinburgh / JAG Shaw Baker / 14-18 Hill Street / Edinburgh / EH2 3JZ
Cambridge / JAG Shaw Baker / CB1 Business Centre / 20 Station Road / Cambridge / CB1 2JD
A cookie is a small file of letters and numbers that we store on your browser or computer, phone or tablet hard drive if you agree. more information
A cookie is a small file of letters and numbers that we store on your browser or computer, phone or tablet hard drive if you agree.
We use the following cookies:
• Strictly necessary cookies. These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to return to a previous page.
• Analytical/performance cookies. They allow us to recognise and count the number of visitors and to see how visitors move around our website when they are using it. This helps us to improve the way our website works, for example, by ensuring that users are finding what they are looking for easily. The analytical/performance cookies are provided on our behalf by Google Inc. to aid with reporting of user behaviour, market research and improving website functionality. This user behaviour is analysed in order to improve this website. To see how this applies to Google Analytics, visit http://www.google.co.uk/intl/en/analytics/privacyoverview.html. You can stop tracking by Google Analytics by visiting https://tools.google.com/dlpage/gaoptout?hl=en-GB.
The strictly necessary session cookies are a temporary cookie which remains in the cookie file of your browser until you close the browser. The other cookies will remain in the cookie file of your browser after the closing of the browser, and will become active again when you reopen this website. The different cookies have different expiration dates. Following expiry of a cookie, a new version of that cookie will be downloaded when you next visit this website, unless you have withdrawn your consent in the meantime.
You can block cookies by activating the setting on your browser that allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or parts of our website.