Ashurst advised Fusion IP plc on its placing of shares with existing and new institutional shareholders raising £20 million. Fusion IP plc intends to use the additional funding (a) to enter into new agreements with additional universities in order to access additional world class IP, (b) to invest further in its key portfolio companies and (c) to expand its portfolio of companies out of the extended University pipeline.

The Ashurst team was led by corporate finance partner Simon Beddow, assisted by senior associate Karin Kirschner and trainee solicitor Sam Outtridge.

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