Date Published: 6 July 2018
Mr Kenn Lim form CNPLaw LLP, formally known as Colin Ng & Partners LLP, provided insights on Singapore’s Venture Capital (“VC”) scene to the Singapore Business Review (“SBR”) recently. He highlighted the notable VC deals in 2018 and also spoke about the sectors that dominated the deals, the key themes that emerged this year in the VC scene and the challenges in the VC landscape.
Read the articles published by SBR below:
ICO boom threatens Singapore’s VC scene
There have been a record 23 deals that raised US$2.68b of venture capital funding in the first quarter of 2018, surpassing previous records, said Kenn Lim … continue reading >>
With Uber dead, Singapore VCs are now investing in blockchain and AI startups
Whilst deals in technology, transport and logistics, have dominated the scene and should continue to do so as seen in Grab’s $2.5b Series G funding, funds will now start to pour into promising areas such as blockchain, medical technology and artificial intelligence. “We observed a surge in venture capital interest in crypto-related investments,” said Kenn Lim … continue reading >>
Disclaimer: This update is provided to you for general information and should not be relied upon as legal advice.
CNPLaw’s Private Equity Lawyer
Kenn’s practice covers a wide range of corporate and commercial transactions such as mergers and acquisitions, joint ventures, foreign investments and private equity transactions. In 2019, Kenn was recognised as one of Singapore’s Most Influential Lawyers Aged 40 and Under by Singapore Business Review. Previously, Kenn with Lisa and Pei Ling acted for leading Singapore private equity firm, Tembusu Partners Pte Ltd in its multi-million dollar mezzanine investment into Barghest Building Performance.
Private equity can be a viable source of financing for companies that do not wish to increase their leverage. While the introduction of private equity can help take a company to the next level of its development, the competing interests involved can derail the very growth that such transactions are intended to accelerate if they are not properly managed.
With years of experience overseeing private equity transactions (acting for both private equity investors and companies seeking to raise funds), our lawyers have an acute sense of the interests of both sides and are adept at managing investor relations. This ability to put themselves in the shoes of each party enables our lawyers to identify overlapping interests and pre-empt potential areas of conflict on issues such as the management of the company and the degree of investor protection.
We have a particular passion and interest in blockchain technology applications, cryptocurrencies and ICOs. We currently advise issuers of tokens, ICO advisors, venture capital firms and entrepreneurs involved in this space on Singapore legal issues and regulatory compliance for a range of planned business activities, ranging from utilization of blockchain to enable business applications in diverse fields (including money remittance, solar energy, consumer rewards, structured social interaction; music and entertainment industry; holiday & leisure industry; employment marketplace, consumer rewards, crypto-asset security applications); to setting up cryptocurrency exchanges and issue of tokens on proprietary platforms.