Healthcare startup Series C investment legal advisory services.

Law firm Veat successfully performed legal advisory services for Series C investment attraction at the request of healthcare startup A (hereinafter referred to as "the client").

​The investment attraction of a startup is greatly influenced by the contract terms with previous investors in the new investment contract, so the investment advisory team of Law firm Veat carefully reviewed the client's previous investment contracts and detailedly explained the points that could affect the new investment contract.

The investment advisory team of Law firm Veat reviewed provisions that might impose excessive personal responsibility on the client, such as stock purchase rights and penalty clauses, which are often required by investors in startup investments, and revised some clauses of the investment contract so that the client would not be burdened excessively.

Also, to help with investment decisions, we explained the meaning and potential risks of each clause to the client and supported negotiations to present a compromise that meets the investors' demands while reducing factors that could impair the client's financial burden and management autonomy, thereby maintaining a balanced investment contract.

Investment Series Stage

- Seed Stage : This is the earliest stage of investment, aiming to secure initial funding, develop products, and conduct initial market research. The amount of funding is relatively small, and the investment terms are flexible.

​- Series A : This funding is for entering the market and growing, with the product or service already developed or almost complete. The purpose is to launch the product, secure initial users, enter and expand the market, and evaluate the company’s value, making investment terms more specific and complex.

- Series B : This funding is for expanding the scale, such as hiring additional staff, expanding marketing, and going international. The purpose is to expand the market, improve products, and expand operations, and requires a clear plan and demonstrable results for the company's growth potential.

- Series C : This is an important time for startups to aim for actual market expansion and revenue growth. This is funding for a larger market, already proving a successful business model. The purpose is to explore large-scale expansion, enter new markets, and consider mergers and acquisitions, and is a stage where large amounts of funding flow in and the company’s value increases significantly.

- Series D and Beyond : Series D and beyond are carried out when additional funding is needed, and can be considered the final stage of growth. The purpose is to expand into a larger market, develop new products, and globally expand existing products.

Law firm Veat is providing negotiation and legal support needed at each investment stage, based on accumulated know-how and experience from various investment advisory cases, helping clients successfully attract funding and achieve sustainable growth.

Law firm Veat has high expertise in the investment and M&A fields, achieving 2nd place in the Bloomberg LeagueTable for Q1 2023 based on the total number of transactions. In particular, Law firm Veat is actively assisting in legal post-investment support for the client’s global fostering and subsequent management after investment attraction, in collaboration with Next Challenge, to reduce legal risks for startups.

Law firm Veat is providing investment advisory tailored to the specific characteristics of each company, not only for startups but also for various companies, to secure both legal stability and financial flexibility, so please work with Law firm Veat to effectively resolve various legal issues that may arise in the investment attraction process and establish a solid foundation for the company's growth.

Thank you.

Law firm Veat