How we support early-stage innovative companies to get the funding they need
We regularly advise SEIS (Seed Enterprise Investment Scheme) and EIS Funds.
Examples include the Velocity EIS and SEIS funds, who we have supported since 2015. The Velocity funds focus on technology-enabled companies and have invested in over 40 companies to date. Companies the funds have invested in include:
We acted for the funds on their regular investments.
How we support young companies…
Young companies often have a lot of demands on limited cash resources. To help with this we offer discounted advice to investee companies in their first year as members of the Velocity portfolio. We have done this for Snatch, advising on commercial contracts and a further funding round which has brought in new shareholders including Unilever Ventures.
Our team also advised on establishing the Oxford Technology and Innovations EIS Fund, which typically invests amounts up to £1,000,000 in, primarily spin-outs from the University of Oxford. Investee companies include Oxford Photovoltaics. Oxford Nanoimaging, Jupiter Diagnostics and Oxtec. The fund has already exited from one investment after Oxitec, a biotech company specialising in genetically modified insects for pest control, was acquired by US Corporation Intrexon.
Lupton Fawcett is a leading commercial law firm in Yorkshire providing professional Start-up & Scale-up legal services to dynamic businesses across the UK.
For more information on how we can support your expanding business. Call us or complete the enquiry form and we will get back in touch with you quickly.