Osborne Clarke's venture and growth capital practice is a market leader in the technology and life sciences sectors across Europe.
We advise companies and investors on more than 100 sub-£5 million fundraisings a year and 400-plus venture and growth funding rounds of between £10m to £100m a year. Our role in these deals is evenly split between advising investee companies and investors and this gives us an unrivalled knowledge of the venture capital market and a scale and depth of experience to deliver any fundraising transaction smoothly and efficiently.
- [Fund establishment and ongoing advice: our funds team can assist in the design and launch of a new fund structure for an investor, aligning the structure to the investor's specific needs. Our advice on fund formation can additionally encompass entity incorporation, preparation of constitutional documentation, regulatory advice, service provider relationship negotiation and tax planning.] [MOVE TO ? PAGE - INVESTOR PAGE?]
- Fundraising strategy and advice: we can provide preliminary advice to founders and management teams on how a fundraising will work, different types of investment, strategic advice and guidance on preparatory steps. We also regularly provide advice and guidance to investors on current market practice on deal terms and structures. [Link to Investor page]
- Investment documentation: we can assist on the drafting and negotiation of heads of terms, subscription and shareholders' or investment agreements and articles of association, providing market appropriate and sensible advice on negotiations and the documents.
- Convertible loans and advance subscriptions/ASAs/SAFEs: our team drafts and advises investors and companies on all forms of convertibles, including on current market practice and tax treatment where relevant.
- Due diligence: we can undertake pre-investment reviews to ensure a company is clean and investment ready, using our experience to focus on typical investor red flags and handle relevant remedial steps. We also provide our own virtual data room (VDR) facility and carry out formal due diligence reviews pre-investment for our investor clients, covering UK and international aspects of any target business as needed.
- Tax advice: our Tax team advise investors and companies on qualification for VCT, EIS and SEIS. The team can also provide tax advice in respect of investments by founders, managers and other individuals related to their personal tax position. compliance. [Link to OCV specific Tax page]
- Project management and technology: to ensure a painless and efficient process for our clients we exemplify project management best practice and take advantage of available technologies in relation to drafting, project management and document execution to ensure a smooth and efficient transaction process and completion.
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