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Fund/Investment Management

Olswang advises former Top Gear hosts' startup DRIVETRIBE on its $5.5mn Series A funding round

19 Aug 2016

International technology, media and telecoms law firm Olswang has advised DRIVETRIBE, the digital media platform and online community for motoring enthusiasts, on its Series A funding round. Led by Breyer Capital with additional participation by Atomico and other individual investors, the round raised $5.5 million. DRIVETRIBE is the creation of former Top Gear trio, Jeremy Clarkson, Richard Hammond and James May, and also former Top Gear Executive Producer Andy Wilman and serial entrepreneur Ernesto Schmitt.

Olswang advises leading Australian broadcaster The Seven Network on its investment in Slim Film + Television

19 Aug 2016

International TMT law firm Olswang has advised The Seven Network (Seven), Australia’s most-watched broadcast television platform and a key business of Seven West Media, on its investment in UK scripted specialists, Slim Film + Television (Slim). This strategic investment and partnership with Slim highlights Seven's ambitions to further expand its reach and its commitment to developing its slate of innovative, high-end scripted content for international audiences.

Sidley Advises Foxconn Technology Group on Its Investment in Hike Messenger

18 Aug 2016

Sidley is representing Foxconn Technology Group on its investment in Hike Messenger, India’s only home-grown messaging platform and the country’s largest Internet company by users. Foxconn Technology Group and Tencent Holdings Limited are leading a new Series D financing round of over US$175 million, valuing Hike Messenger at close to US$1.4 billion. Existing investors, including Tiger Global Management and SoftBank Group, are also participating in this round.

Orrick Advises Baidu in Its Joint Investment with Ford in Velodyne

18 Aug 2016

Orrick has advised Baidu, Inc. [Nasdaq: BIDU], the leading Chinese language Internet search provider, on its investment in Velodyne LiDAR, Inc. The total combined investment from Baidu and its co-investor, Ford Motor Company [NYSE: F], was $150 million. Velodyne LiDAR, Inc. is a leading supplier of solid-state hybrid LiDAR sensor technology used in a variety of commercial applications including advanced automotive safety systems, autonomous driving, 3D mobile mapping, 3D aerial mapping and security.

Setterwalls advise Kry (webbhälsa AB) when taking in Venture Capital

18 Aug 2016

webbhälsa AB who manage the Kry service, a digital health centre, take in 6,1 MEUR, approx. 60 MSEK, to finance the expansion in Europe. Behind the investment are venture capitalists Creandum and Index Ventures as well as the Berlin based company Project A Ventures.

Setterwalls' team consisted of Marcus Nivinger, Samuel Skybrand and Fanny Cukierman.

Industry Investment and Vision+ : Investment in OptoFidelity

18 Aug 2016

Castrén & Snellman represented Industry Investment (Teollisuussijoitus) and Vision+ in their investments in OptoFidelity Oy in its successful financing round.

OptoFidelity provides robot assisted testing & quality assurance for smart phones, tablets, laptops, automotive infotainment and industrial smart machinery. OptoFidelity’s customers are leading manufacturers in various industries. OptoFidelity is building the Industry 4.0 smart factories by automating and digitizing testing and quality assurance.