Orrick Tech

Atomico's State of European Tech turns 10 this year, and as a long-time supporter to the report, we want your voice to shape the future of tech in 2024 and beyond. How has the #ecosystem developed in a decade and where is it heading? Your insight really counts. The survey takes just 2 minutes but will help shape the most comprehensive report on European tech. Plus, by contributing, you'll enter for a chance to win a ticket to Slush — the ultimate #founder focused event and the world's largest gathering of #VC #investors. Your input matters—let's shape the next decade of #tech and #innovation together! https://lnkd.in/dUuVP4Sa #SOET2024 Orrick UK | Orrick Paris Tech Studio | Orrick Germany | Orrick Italia | Orrick, Herrington & Sutcliffe LLP Atomico | HSBC Innovation Banking | Amazon Web Services (AWS) | Slush

Here's to the new year ahead! Thank you to our clients. Orrick UK | Orrick Italia | Orrick Germany | Orrick Paris Tech Studio | Orrick France #TeamOrrick

Our latest #LifeSciences Snapshot Report with PitchBook is here, spotlighting a #healthtech roundtable on regulation, investment, and strategy in a dynamic market. Thank you to our participants Josh Beser Amy Joseph Jeremy Sherer Thora Johnson Georgia Ravitz and Stephen Thau The report also highlights the latest market trends from Q3 2024: - Deal sizes & valuations: Median early-stage deals hit $10.6M, up from $10.1M in Q2 & 2023’s $7.7M. Venture-growth valuations peaked at $115M YTD. - Big checks dominate: Deals over $25M make up 84.3% of 2024’s total, driven by pharma & biotech. - Exits: YTD exits reached $34B (83 deals), surpassing 2023 despite Q3 lagging historical averages. #LifeSciences #VentureCapital #healthtech #Financing #Innovation Read more here: https://lnkd.in/g9gTPhqX Nick Mider | Neel Lilani | Orrick, Herrington & Sutcliffe LLP

Congratulations to our client, Bessemer Venture Partners, on participating in a funding round that raised an additional $60 million for ANYbotics, a global leader in AI-driven robotic inspection solutions. Shawn Atkinson | Rachel Conder | Rachel Leigh https://bit.ly/4gtIUFs

Thanks to everyone who joined our South Beach Soiree, co-hosted by Orrick, Herrington & Sutcliffe LLP, B Capital and Mercury during #artbasel last week. We were delighted to bring together a wonderful group of innovators, founders, investors and key leaders in the #miami ecosystem! If you missed it, we look forward to the next opportunity to connect with you. Elizabeth Wahab | Karen Page | Tyler Lorberbaum | Ben Kromnick | Madison Forster | Anand Deshpande | Samir Bakhru | Laura Rose Barr | Max Cantor | Spencer Cohen | Andrew Hadley Erskine | Chris Hilliard | Laura Metzger | Katy Ryan | Savannah Euler Fairbank | Courtney Karnes | Neel Lilani | Joseph Maronski, CMP, DES | Vedika Mehera | Nick Mider | Annie Schmaeling

#TeamOrrick and Bank of America Business were thrilled to host “Preparing Life Sciences and Healthtech Companies for IPO,” a three-part series designed to help guide private life sciences and healthtech companies on their journey to going public. Courtney A. Barker and Albert Vanderlaan share 3 key takeaways that late-stage life sciences companies should keep in mind as they prepare for an IPO include: • The capital markets continue to show signs of thawing and the expectation is that 2025 will see a return to pre-pandemic IPO activity. • The market window is a moving target and dependent upon numerous factors relating to the company’s stage of development and clinical trial timing. Working closely with financial and legal advisors can help companies be ready to hit the right window for a successful IPO. • Thoughtful corporate hygiene even as a startup can ensure companies are able to focus on building their go-to-market story rather than corporate clean-up during the IPO process. For more resources, visit Orrick’s IPO Ready page: https://bit.ly/4g6iN7x #LifeSciences #Healthtech #CapitalMarkets #IPO

Thora Johnson and Alexandra Wood shared insights on U.S. corporate and health data strategies, including corporate flips, navigating the patchwork of #HIPAA, #FTC, and state privacy laws. This session, organized by Innovation Centre Denmark Silicon Valley, followed an excellent #FDA regulatory workshop earlier in the week discussing FDA premarket authorization for cutting-edge #AI-enabled devices, led by Georgia Ravitz. These startups are driving innovation in diagnostics, health monitoring, and medical technology, with many emerging from the BioMedical Design Novo Nordisk Foundation Fellowship Programme or BioInnovation Institute—both funded by the Novo Nordisk Foundation. Special thanks to Jon Therkildsen and the Innovation Centre Denmark team for strengthening the bridge between Denmark and Silicon Valley, enabling collaborations that fuel global innovation. #Innovation #Biotech #HealthcareTechnology #GlobalCollaboration #OrrickLifeSciences #DanishStartups #SiliconValley Anorit Medical ArcanaBio Biomodics ApS Dandelion Diagnostics DARERL ApS Metsystem Pharmista Technologies Unseen Bio VentriJect Naomi Yankellow Summer B.

Josh Beser and Samir Bakhru shared this video on the main stage at Consensus Great Brands Show – it’s Team Orrick’s take on three of the key issues for consumer companies today: AI, online safety and scaling. We hope it’s both energizing and thought-provoking – and that the resources we’ve posted to Orrick's website in these areas are helpful in digging deeper: https://bit.ly/3OjoJOc Shannon Yavorsky | Aravind Swaminathan #AIRegulation #OnlineSafety #ConsumerTech #TeamOrrick

Presented in collaboration with Atomico, HSBC Innovation Banking, Amazon Web Services (AWS) and Slush, the 2024 State of European Tech report showcases a remarkable decade of growth and maturation. With a talent pool expanding at 24% annually and a tenfold rise in venture financing since 2015, Europe has turned tech and innovation into an economic pillar. This year’s report includes contributions from Spotify & Neko Health's Daniel Ek, Seedcamp's Reshma Sohoni, Arm's Rene Haas, Booking.com's Gillian Tans, Wayve's Alex Kendall, Adyen's Pieter Van Der Does, Wise & Plural's Taavet Hinrikus, TechCrunch's Ingrid Lunden, Celonis's Bastian Nominacher, Baroness Joanna Shields and Atomico’s Niklas Zennström. Read the Word from Orrick from Shawn Atkinson and click through for the full report: https://bit.ly/4fWGP4n. Orrick remains the #1 most active venture capital law firm in Europe, now for the 35th consecutive quarter, according to PitchBook Q3 2024 report. #SOET24 | Orrick Tech | Orrick Germany | Orrick Paris Tech Studio | Orrick Italia | Orrick UK

The consumer brands market is changing – and it was great to join the community at Consensus Great Brands Show to talk about it. If there was one theme, it’s that the best strategy is no longer “grow at all costs.” As Sahand Dilmaghani, the CEO of espresso machine manufacturer Terra Kaffe, put it: The key to success for young consumer brands today is to tap a market by “spending wisely, selling efficiently and building a lifelong relationship with your customers.” Read our takeaways: https://bit.ly/3AZV2Pc Josh Beser | Samir Bakhru #ConsumerBrands #ConsumerTech #Startups