The 'excellent' team at Penningtons Manches Cooper LLP 'goes the extra mile for its clients', which include many life sciences and "deep tech"-focused entities, from an early stage, through to latter rounds of investment. In this context, the core venture team, which is led by Matthew Martin  and James Went, from London and Oxford, respectively, is also able to lean into the expertise provided by employment, tax and IP practitioners to provide a very comprehensive service to these companies on their growth journey. Much of the investee-side work relates to university spin-outs, with Oxford University and Imperial College particularly fertile sources of instructions.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'It is an excellent team that is always goes the extra mile for the client.'
  • 'Calm and composed advice and deep experience in the niche of academic spinouts.'
  • 'James Went and Dominique Sabatini are stand-out. Both individuals are extremely quick to respond, above and beyond the communication expectations of other legal professionals, and always calm and considered in their view.'
  • 'James Went - highly responsive and attuned to client needs.'
  • 'Will Axtell - very flexible and pragmatic.'

Key clients

  • Seloxium Limited
  • Toffeeam
  • Ploughshare Innovations Ltd
  • Mint Neurotechnologies Ltd
  • Moa Technology Ltd
  • Fable Data
  • Ground Truth Labs
  • Ecosync
  • FaceGym
  • Solena Materials

Work highlights

  • Advising moa Technology – a crop protection discovery company spun out from Oxford University - on the completion of their £35m Series B financing round.
  • Advising Seloxium – whose technology enables the extraction of high-purity metals from waste water - on its spin-out from Oxford University and seed funding let by Oxford Science Enterprises.
  • Advising Imperial College spin-out TOffeeAM on its £5m Series A fundraising led by Presidio Ventures Europe (part of Japanese trading and investment group Sumitomo Corporation) and East Innovate, with IQ Capital.

Lawyers

Practice head

The lawyer(s) leading their teams.

Matthew Martin, James Went

Other key lawyers

Will Axtell, Kathy Hills, Adam Carling, Dominique Sabatini, Lindsay Chadwick