MENA Venture Law Guide 2023
Introduction
Welcome to the 2023 edition of the Taylor Wessing MENA Venture Law Guide
We release this guide to keep you informed on the latest developments and trends in venture capital funding in MENA. Written with our clients in mind, we've selected a range of relevant topics drawing upon the themes and trends emerging from the mandates we've been engaged on since our last edition.
It's been an eventful 12 months, and the global macroeconomic and geopolitical situations have had a significant impact on venture capital markets both globally and regionally. We hope you find the content in this publication to be relevant and timely, and you find something in these pages that helps you navigate the current environment and address the types of challenges we're encountering with our clients on a regular basis at the moment.
Meanwhile, it has been a busy year for our firm and we are incredibly proud to have added transformative capabilities to our Middle East team. In the last quarter we have added senior capability in the areas of intellectual property and investment funds by hiring senior specialists in the regional ecosystem. We have also added many names to our roster of clients in the tech and VC vertical and are continuing to expand our team to meet demand.
Outside of MENA, Taylor Wessing has entered into a strategic alliance with ECIJA, a leading law firm in Spain and Portugal renowned for its outstanding expertise in the TMT sector. This new alliance creates a combined network of over 3000 professionals and 500 partners in 62 offices across 32 jurisdictions around the world.
Topics include:
venture capital trends across MENA
advice for distressed companies
how to navigate a down round
negotiating LP side letters in the context of raising third party capital
an analysis of evolving approaches to fund economics
how liquidation preferences can protect your investment
anti-dilution rights and how they work
venture debt, and the advantages it offers start-ups
a look at due diligence for early-stage venture financings
intellectual property challenges for tech founders.
If you have any questions about the topics of this edition, or need help navigating the current environment, please do get in touch.