London Office Wins Award for Venture Capital Expertise

Orrick has been awarded Legal 500’s 2018 UK Corporate and Commercial Law Firm (Specialism) of the Year for Venture Capital.

With more than 170 VC financings valued at over $4.9 billion in 2017, the Orrick team ranks #1 for European VC volume and for venture-backed exits according to PitchBook.

Our market-leading team’s VC financings in the UK during 2017 include advising:

• JD.com in its $397 million investment in FarFetch;
• Graphcore in its $30 million Series B led by Atomico and its subsequent $50 million Series C led by Sequoia;
• Atomico in its investments in Lilium, Hinge Health, Bossa Studios, Farm Drop, Habito and OnTruck;
• WorldRemit in its $40 million Series C financing led by LeapFrog;
• Salesforce Ventures in its investments in Digital Genius, Nektoon and Privitar;
• Vostok Emerging Finance in its investment in Creditas, Finja, GuiaBolso, Magnetis, Nibo, Revo and Iyzico;
• Revolut in its $76 million Series C financing led by Index Ventures;
• Stripe and Goodwater in the $96 million Series D investment in Monzo; and
• XMOS in its $20 million Series E financing led by Infineon.

Orrick’s 25-member London tech team continues to grow, most recently welcoming Ali Ramadan, a rising star in the European tech space from Bird & Bird; Jacqui Hatfield, a leading advisor on UK and European Fintech and payments regulation from Reed Smith; and Ylan Steiner, the former head of the London VC team at King & Wood Mallesons.

The Legal 500 Awards are based on the opinions of the 250,000 in-house lawyers contacted by Legal 500 throughout the year and the in-depth research that the Legal 500 team conducts into law firms.