Orrick Tech

The Q1 2024 edition of our Life Sciences Snapshot Report with PitchBook is out now! Inside, we review key #venture #investment trends in the life sciences industry during Q4 2023.   Deal value reached $6.6 billion in Q4, representing a 25% decrease from the prior quarter. Total deal value for 2023 reached $28.3 billion—a 23.2% decline from 2022 and the lowest annual total since 2019, indicating a return to pre-pandemic levels of activity as the VC environment has yet to fully regain its momentum.   This edition also includes a roundtable discussion about women’s healthcare, which is going through a period of significant development to address persistent challenges in access and quality: Piraye Beim of Celmatix, Jill Angelo of Gennev, Anne Morrissey of May Health, Sabriya Stukes, PhD of SOSV/IndieBio and Thora Johnson, Stephen Thau and Neel Lilani of Orrick, Herrington & Sutcliffe LLP.   #lifesciences #venturecapital #financing #femtech https://lnkd.in/eHTkH-mF

Are you on the road to taking your company public? Orrick, Herrington & Sutcliffe LLP's Alice Hsu will join Zac McGinnis, CPA, Peter Baird, CFA and Joshua Motter to discuss “Navigating the IPO Process: Lessons Learned Leading up to Registration Statement Effectiveness,” hosted by Riveron. In this webinar, IPO experts will dive into the intricate IPO execution process and share valuable lessons learned from assisting companies going public. Whether your company is considering an IPO or you're already actively involved in the process, this webinar will equip you with the knowledge and practical understanding needed for navigating the Registration Statement process. Register here: https://lnkd.in/eSCSTW45   #CapitalMarkets #IPO

Congratulations to our client Leya, which provides an AI-powered workspace for law firms and legal professionals, on raising its $25 million Series A round! John Bautista | Jake Ornstein | Andy Bloom | Jason Grube #GenerativeAI #GenAI #OrrickTech https://lnkd.in/d8Xm9R2k

Investing in novel health care approaches can enhance the lives of those with neurodegenerative disease, leading innovators, including Brittany Cassin, MBA of DigiCARE Realized , told Orrick’s Thora Johnson and Neel Lilani for our report on life sciences financing with PitchBook. Learn about recent developments – and what the future may hold. https://lnkd.in/ex7ud-rG #NeurodegenerativeDisease #Neurodegenerative #LifeScienceFinancing #HealthTech

#TeamOrrick at Nasdaq MarketSite! As we all exhale during the summer months, we’ve been excited to build off of conversations and connections at GenAI Talks with Nasdaq x AWS during #NYTechWeek, which we were honored to sponsor with Nasdaq, AWS Startups and KPMG US. The event celebrated the future of technology and finance and showcased trailblazers pushing boundaries with generative AI, including clients and friends at Anthropic, Luma AI, Mistral AI and Pinecone, among many others. Photography courtesy of Nasdaq, Inc. Neel Lilani | Rich Martinelli | Marsha Mogilevich | Albert Vanderlaan | Jamie Evans | John Harrison

Thanks to Rick Mitchell and Law.com International for this fantastic interview with Orrick’s Benjamin Cichostepski-Lesage, partner and founder of Orrick Paris Tech Studio. Our Paris Tech Studio is revolutionizing how we serve startups. Located in the 2nd arrondissement - the epicenter of French tech - it's more than an office; it's a hub for innovation. We've advised on 6 of France's 28 unicorns and 16 potential future unicorns. Our approach? Helping clients scale from day one, leveraging our global network to connect French innovation with international markets by collaborating with incubators like Y Combinator and X-HEC to nurture the next generation of tech giants. With our finger on the pulse of AI, we've advised on 200+ AI & ML financings worth $18B+ in just 12 months.   Read the full interview: https://lnkd.in/ek_W7jYN   Orrick Tech | Orrick France | Orrick, Herrington & Sutcliffe LLP #OrrickFrenchTech #FrenchTech #Unicorns #Startups #AI #ArtificialIntelligence

Our Q2 2024 Life Sciences Snapshot Report with PitchBook is live! The report includes key trends in #venture #investment in #lifesciences and #healthtech.    Q1 2024 had the slowest deal count since 2017, but larger deals boosted industry value. Thankfully, #valuations are up across all stages in 2024, including late-stage financings (+42.4%) and early-stage financings (+12.5%). Our roundtable featured a conversation with Katrine Bosley (DaCapo Brainscience), Brittany Cassin, MBA (DigiCARE Realized ), Brian Magierski (21 Impact Labs) and Dean Ornish, M.D. (Ornish Lifestyle Medicine) on brain health innovation! Click below to read more.    Thora Johnson | Stephen Thau | Neel Lilani #lifesciences #venturecapital #financing https://lnkd.in/ex7ud-rG

#TeamOrrick supports fostering innovation in legal tech. That's why we're excited about the upcoming #TLTFSummit2024 Startup Showcase. If you're a startup in this space, don't miss this opportunity to showcase your innovative solutions transforming the legal industry and the business of law. Apply now: https://lnkd.in/du8QRt_P TLTF Summit #legaltech #startups #legalinnovation

Huge thanks to Jill Savage of Misfits Market and Sabrina Low of Grow Therapy for an incredible conversation this week with Josh Beser and Team Orrick. Our entire team was inspired to hear about your mission-driven career paths to general counsel, why you are so excited about the great companies you are building and how you approach setting priorities and counselling the business. We are honored to be part of your journeys and look forward to continuing the conversation. #TeamOrrick #MisfitsMarket #GrowTherapy #generalcounsel #gc

Hot off the press, the Orrick Germany has recently published the latest edition of its Legal Ninja Series, which provides practice insight for companies considering flipping to the US. Click below to read more.