This marks the second full financial year completed by the DWF Venture Capital Group since its formal launch.
The Group has advised a wide range of clients – both investors and companies – including: BidScript Limited, Cartesian Capital, CCI Photonics Limited, Connex AI, Foresight, Hiro Capital, Imad Ventures, Inflexion, Greater Manchester Combined Authority (GMCA), Growth Partners, Maven Capital Partners, Mercia Ventures, Nesta Partners, NorthEdge, Pastest, PXN Ventures, Scottish National Investment Bank (SNIB), TDR Capital, Tolemy Bio and YFM Equity Partners.
Notable transactions include:
- Acting for Imad Ventures on a series of strategic investments, including Gravis Robotics, a Swiss developer of advanced robotic excavators; TruBuild, a UAE- and Saudi Arabia-based construction technology company; Track3D, a US-based construction artificial intelligence (AI) company; Kaya Pay, a US-based AI-powered construction supply chain platform; and Neuron Factory, a US-based construction technology company.
- Representing GrowthCo on its investments in a range of high-growth businesses, including Breezemove, a multi-user platform improving the home moving experience; Gaia Learning, a live online education provider supporting students who face barriers to mainstream attendance; Mission C, a provider of triple lab-tested, vegan-friendly CBD products; and OurPetsLife, a provider of innovative, reliable and accessible pet products trusted by professionals.
- Advising PXN Ventures on its investments in: QV Bioelectronics, C3 Biotechnologies and Imperagen.
- Representing Foresight on its growth capital investment in AsiaVerify, an intelligence RegTech platform.
- Acting for Scottish National Investment Bank (SNIB) on its investment in Innovatium, a clean technology company.
- Advising Maven Capital Partners on its investment in Esk Film Services.
- Acting on the IFNI Equity investment in Thrive CSR Group Limited.
- Advising Connex AI on a venture debt investment by HSBC Innovation Bank.
- Representing Tolemy Bio on its venture capital investment.
DWF’s Venture Capital Group advises a broad range of stakeholders across the venture and growth capital ecosystem – including equity and debt funds, angel investors, corporate VC arms, high-growth companies, accelerators, incubators, and funding platforms – providing end-to-end support throughout the investment lifecycle.
With 85 lawyers across 10 offices, DWF has the largest Venture Capital team of any UK law firm. The Group acts for many of the industry’s most high-profile investors and innovative companies driving financial and technological progress on a global scale.
Dhruv Chhatralia BEM, Head of the DWF Venture Capital Group, commented: “Completing 44 venture capital transactions across nine sectors is a significant achievement for our team and reflects the trust that investors and growth businesses place in DWF. To increase our deal volume from the previous financial year demonstrates the strength of our platform and the depth of our venture capital expertise.”
Frank Shephard, Global Head of Corporate at DWF, said: “These results reinforce DWF's position as one of the most active venture capital legal advisers in the UK. We are focused on this dynamic sector of UK investment and are proud to have supported ambitious companies and leading investors across a diverse range of sectors, technologies and jurisdictions during another exceptionally busy year.”
