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Schrems II: what now for international data flows?
Posted: 06/08/2020
On 16 July 2020, the Court of Justice of the European Union (CJEU) delivered its highly anticipated judgment in Data Protection Commissioner v Facebook Ireland and Maximillian Schrems (Schrems II) , ruling that......>>
Corporate team advises quantum computing spinout
Posted: 04/08/2020
Penningtons Manches Cooper’s corporate team has advised Orca Computing Ltd, a new quantum computing company based in London, on its establishment and pre-seed financing raising £2.9 million ($3.7 million). The round was led by VC funds Atmos Ventures, Oxford Sciences Innovation and Quantonation with further angel investment and grant funding from Innovate UK......>>
Penningtons Manches Cooper acts for PQShield on £5.5 million seed funding
Posted: 10/07/2020
The corporate team at Penningtons Manches Cooper has advised Oxford University spin-out PQShield on a £5.5 million seed funding raise......>>
Penningtons Manches Cooper acts for Stanford Capital and Allenby Capital on conditional £5.5 million equity fundraising
Posted: 19/06/2020
The corporate team at Penningtons Manches Cooper is advising Stanford Capital as broker and Allenby Capital as nominated adviser to Feedback plc on a £5.05 million conditional placing and an associated open offer to raise up to £540,000......>>
Future Fund opens for applications and final details are circulated
Posted: 20/05/2020
At the end of April, the Chancellor announced a new bailout programme aimed at venture capital-backed businesses that were struggling to survive the pandemic, but were not otherwise eligible for the existing coronavirus schemes. The package included a £250- million convertible loan scheme for high-growth companies, called “Future Fund”...…>>

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