What is a Down Round Financing? How Will a Down Round Financing Impact VCs & Founders?
What is a down round financing and how will it affect you? Tech start-ups and
Balogun Harold’s Technology & Media lawyers have market-leading experience in the technology and media sectors, advising global media and high-growth tech start-ups doing business in Nigeria.
We act as trusted independent and real-time advisors to technology and media start-ups throughout their entire corporate lifecycle from founder-led business to unicorns and global large-cap public companies. We have advised application software companies, media and internet companies, data & information companies, digital banking & payment companies, industrial tech companies, Fintechs, wealthtech and insurtech companies, systems & deep tech companies, infrastructure software & cyber security companies, retail-tech companies, mobility-tech companies, cloud managed service companies, digital health companies, regtech & suptech companies, amongst others
What is a down round financing and how will it affect you? Tech start-ups and
If you are fundraising and your fundraising round is taking longer than usual, you may
If you are raising a Series A Financing (or any priced equity around), US venture
Presidential Order 5 has thrown up an array of contracting structures between local promoters and
Nigeria has recently published a draft of its proposed social media laws. There are important
The Securities & Exchange Commission (the “SEC”) has an inherent economic role of facilitating capital
Acquiring high-growth technology companies in Africa presents an opportunity for scale-ups and strategic investors to
Between 2020 & 2021, the Central Bank of Nigeria (CBN) made significant changes to the
Africa presents an interesting proposition for point-of-sale financings commonly referred to as Buy Now Pay
Nigeria’s venture capital rules do not appear to have been designed to attract modern venture
We successfully helped a major fintech company close a Series B Financing Round of investment led by the World Bank and a global venture capital fund
We successfully advised a global venture capital fund on its Series A round of financing in a Nigerian tech company.
We successfully advised a top tier global technology accelerator on corporate development and expansion to Africa, including investment in Nigerian tech companies.
We successfully advised an African Fintech unicorn on corporate development and expansion to Nigeria.
We successfully advised a digital media company on its tech transformation and implementation strategy and launch of a digital product.
We successfully advised a global Software OEM on licensing, cloud service, data localization and software monetization agreements facing Nigerian end users.
We successfully advised a tech company on the securitization of its receivables and cash flows, in a first of its kind transaction led by a global alternative asset investor.
We successfully advised a local tech company on compliance with transfer pricing rules applicable in Nigeria.
We successfully helped a local tech company with market entry/launch and expansion into 3 African markets.
We successfully help a local fintech company to negotiate a strategic partnership with an international software OEM and the client tech startup.