Cooley supports Britain’s fastest growing tech companies with Tech Nation’s premium program // Cooley // Global Law Firm

London – October 5, 2022 – For the eighth consecutive year, Cooley is the legal partner of Tech Nation’s Top of the line program, which helps Britain’s fastest growing tech companies overcome growth challenges and scale faster. Of the 35 companies announced by Tech Nation that will make up the Upscale 8.0 cohort, nearly half have female founders.

“Tech Nation’s Upscale program is a huge contributor to the UK’s success as a preeminent global technology hub,” said Aaron Archer, co-director of emerging company and venture capital firm Cooley in London. “We are proud to have coached and mentored many of the UK’s most promising tech companies through our longstanding partnership with Tech Nation and are delighted to be working with the Upscale 8.0 cohort.”

“We’re thrilled to see not only the breadth of business ideas in Upscale 8.0 ventures, but also the breakthrough success of women-founded businesses joining the program,” said Chris Coulter, a London-based Cooley partner and member of the company’s diversity committee. “These companies will help pave the way for the many female tech startup entrepreneurs who will follow them.

According to new data from Dealroom and Tech Nation, Mid-stage Series A tech companies raised $5.1 billion in 2022 between January and August — a 1H record — versus $5.6 billion for all of 2021. The top three sectors to the fastest scale are fintech (which received $1.4 billion in venture capital investments this year), health technologies ($769 million) and energy technologies (542 millions of dollars).

Dealroom and Tech Nation analysis also shows that the UK has 166 tech ‘futurecorns’ (fast-growing tech companies less than 10 years old that are expected to reach a valuation of over $1 billion) in the pipeline, demonstrating the rapid growth in UK technology as companies innovate to meet social, economic and environmental challenges.

Cooley works with more than 7,000 high-growth, innovative private enterprise clients, from pre-forming founding teams to some of the largest and most sophisticated companies in the world. Cooley GO is a resource to help entrepreneurs scale their business with easy-to-navigate information and document generators, while Cooley Protect gives entrepreneurs and growing businesses the information they need to make informed decisions about patent protection and strategy. Cooley Quarterly Reports on Venture Capital Funding Trends can also be viewed via Cooley GO.

About Cooley LLP

Clients partner with Cooley for transformative transactions, complex intellectual property and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,500 attorneys in 18 offices in the United States, Asia and Europe, and a total staff of 3,300.

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