Rapidly-growing men's online grooming business Cornerstone has received a further £3.5m investment, led by Calculus Capital.

Shoosmiths corporate partner Steve Barnett, assisted by solicitor Rebecca Chafer, advised Cornerstone on the investment.

The investment will help Cornerstone - founded by Forbes' 30 under 30 entrepreneur Oliver Bridge - to add to its range of skincare products and German razors, as well as enhancing its customer acquisition marketing, in a European market worth an estimated £6.7bn.

Paris office advises the family shareholders of Aero Negoce International Group in the context of an Owner Buy Out operation with Omnes Capital.

Paris office advises the family shareholders of Aero Negoce International Group in the context of an Owner Buy Out operation with Omnes Capital.

Orrick advised Norwegian mobile telecom company Telenor ASA (OSL: TEL) on its registered offering of 90 million shares in VEON Ltd. (formerly known as VimpelCom Ltd.) (NASDAQ: VEON; Euronext Amsterdam: VEON) in the form of common shares and American Depositary Shares (ADSs) at a public offering price of $4.15 per ADS/share. Telenor received $365 million in net proceeds in the transaction, which closed on September 25. The transaction represents 5.1% of VEON's total outstanding shares and leaves Telenor with approximately 256.7 million VEON ADSs (14.6% of VEON's outstanding shares).

DLA Piper has represented Ping An Global Voyager Fund, a fund sponsored by China Ping An Insurance Group, in its investment in European fintech company 10x Future Technologies. This is the fund's first investment since its inception in May 2017, and marks a major strategic partnership between Ping An and 10x Future Technologies, which will be looking to market its leading offerings in Asia.

Charles Russell Speechlys LLP advised Kreos Capital V (UK) Limited on its €15 million growth capital investment in Kiadis Pharma NV (“Kiadis Pharma”), a Dutch company listed on Euronext Amsterdam and Euronext Brussels.

The investment by Infineon will strengthen its expertise in voice-controlled human machine interfaces.

Burges Salmon’s corporate team has advised German semiconductor manufacturer Infineon Technologies AG on its minority investment in XMOS Ltd, a Bristol-based fabless semiconductor company that provides voice processors for IoT devices.

Infineon Technologies AG is a world leader in semiconductor solutions and XMOS is a leading supplier of voice and audio solutions to the consumer electronics market.

This is an exciting partnership which will leverage the power of big data and artificial intelligence – a huge area in technology and the fintech arena.

“Charles Russell Speechlys LLP advised Kreos Capital V (UK) Limited and Silicon Valley Bank on their £20 million growth capital investment to Mereo BioPharma Group Plc (“Mereo BioPharma”), a UK-based specialty bio-pharmaceutical company listed on the AIM market of the London Stock Exchange.

Mereo BioPharma was established to address the R&D and financial challenges faced by an increasing number of large pharmaceutical and biotech companies, and to optimise drug development and ensure that promising drug candidates fulfil their potential.

DLA Piper has advised MissFresh, a Chinese online grocery retailer backed by Tencent Holdings, on its series C+ round financing, raising US$230 million in total. US investment firm Tiger Global and China’s Genesis Capital co-led the investment. This brings MissFresh’s total capital raised from series C financing to US$330 million.

King & Wood Mallesons (KWM) has advised Cardihab, an innovative smartphone app used for remote management of patients who have experienced a heart-related health scare, on its spin-out from CSIRO and Series A financing round.
 
Cardihab is part of CSIRO's new "ON" start-up accelerator, which is making science market-ready to allow medical technologies to deliver national benefit faster.
 
The KWM team was led by Partner Scott Bouvier and supported by Senior Associate Anthony Boogert.