Access to capital is a defining milestone for growing technology companies. Whether seeking seed investment, venture capital, or strategic funding, securing finance on the right terms can determine the pace and sustainability of a company’s growth.
Culbert Ellis works with founders and investors across all stages of the fundraising journey, providing pragmatic, deal-focused legal support. We understand both sides of the transaction - having acted for technology start-ups raising capital, and for angel and institutional investors deploying it.
Our experience extends across fast-growth sectors such as SaaS, AI, fintech, and cybersecurity, including the recent £5 million Series A investment in CybaVerse, an AI-driven cyber platform.
Legal and Commercial Framework
Fundraising transactions in the UK are governed by company law, contract law, and relevant financial regulation, including exemptions under the Financial Services and Markets Act 2000 (FSMA) for private investments. Each round introduces specific considerations:
- Seed and angel rounds: founder equity, convertible notes, leaver provisions and early-stage valuations.
- Series A and B funding: investor rights, liquidation preferences and governance structures.
- Venture and private equity investment: due diligence, warranties and disclosure.
- Bridge and pre-exit funding: short-term instruments, debt conversion and restructuring.
Transactions often involve cross-border investment, regulatory filings and careful coordination between legal, tax, and financial advisers.
Typical Issues and Considerations
Technology fundraising often moves at speed, but lack of preparation can lead to dilution, misaligned control or disputes later in the company’s lifecycle. Common issues include:
- Unclear share capital structures or prior investment terms;
- Inadequate IP and data ownership documentation;
- Misalignment of investor and founder protections and founder control;
- Extended timelines due to incomplete due diligence.
A well-managed fundraising process not only secures capital but strengthens investor confidence and company governance.
How We Can Help
Culbert Ellis advises both founders and investors throughout the fundraising process, including:
- Structuring and negotiating investment terms and shareholder documentation.
- Drafting and reviewing subscription and convertible loan agreements.
- Managing legal due diligence and founder disclosure.
- Advising on regulatory compliance and FSMA exemptions.
- Supporting cross-border fundraising and venture capital transactions.
Our lawyers provide pragmatic, responsive support that aligns with commercial goals and investor expectations - enabling technology businesses to raise funds efficiently and scale with confidence.
Free Initial Discussion
If you are preparing for or participating in a fundraising round, contact us for a confidential discussion with one of our technology law specialists.
