OC Ventures Update | July 2024
Published on 5th Jul 2024
Welcome to the latest edition of the OC Ventures update
UK election special
What would a Labour government mean for venture capital, start-ups and founders? We take a look at the Labour Party's main policies of relevance to the venture community, focusing in particular on industrial strategy and growth, tax and workforce.
Insights
Venture capital's taste for investment in alternative proteins
The venture capital community is showing an increasingly strong appetite for investment into the alternative proteins sector.
Read more >
Corporate venture capital and strategic partnerships
What do investee companies need to consider?
Read more >
Nurturing talent: key elements of employment agreements in the UK
What are the main considerations for early-stage companies when establishing employment contracts for founders and initial employees?
Read more >
Venture spotlight
Explore an OC Ventures project in greater detail, providing a deeper dive into its development and future potential.
Employee incentives – an insider's viewpoint
Adam Turner, one of OC Ventures' senior corporate lawyers, discusses employee incentives – common issues and top tips for venture capital-backed clients – with Rhiannon Jones, an Associate Director in our Incentives practice.
International Venture Capital deal highlights
We're happy to have supported clients across a broad range of interesting deals so far in 2024. Below are just a few highlights from across our international OC Ventures team.
We've seen 34% of our deals in the Tech space, 27% in Life Sciences and Healthcare, 21% in Financial Services, and 18% in Energy and Utilities.
- AlbionVC sale of AI email security platform Egress to KnowBe4
- AI-led fintech Abound's £800m funding round
- Highland Europe investment in FINBOURNE Technology
- Redstone / VR Ventures on investment in Elon Musk's xAI
- Giant Ventures on launch of US$250m new tech funds
- Index Ventures on investment in Unicorn DeepL
- Wow Fight Company, S.L. on its Series A financing round
- Breathe Battery Technologies on its investment by Volvo Cars
- Orlen VC on a Series A €5m financing round in Euroloop
- iOnctura on its €80m Series B financing
- Acu-flow secure £4.7m from Top Investors
- Novobium CLA financing by Circular Innovation Fund
- Cambridge company Nu Quantum's £7.8m Series A funding round
- Energy Impact Partners and XAnge, existing investors of Greenly on $522m Series B round
Inside the Venture Capital scene
The European ventures ecosystem is coming through a tough market with long-term confidence
Unicorns, secondary activity, geographic diversification, AI and ESG were upbeat focus points at SuperVenture in Berlin.
Read more >
Third annual VC football tournament review
A look back at the camaraderie and competitive spirit at the recent VC football tournament.
Discover how our team performed >
Get in touch
Visit the OC Ventures knowledge hub for more information about Osborne Clarke's firmwide resources and experiences.
If you would like to discuss any of the information in this newsletter, please contact one of the experts.
