The corporate team at Gowling WLG has advised Draper Esprit, one of Europe's leading venture capital firms, on its £111 million fundraising by way of a placing of new shares.

The AIM-listed company is one of the leading venture capital investors involved in the creation, funding and development of disruptive high-growth technology businesses in Europe.

Gowling WLG has advised Draper Esprit since its AIM and ESM admission in June 2016. Corporate partner Kris Rogers led the team advising on the fundraise supported by principal associate Emily Troubridge and associate Hannah Misso.

Kris said: "We are pleased to have advised Draper Esprit on its latest oversubscribed fundraising. Draper Esprit has a proven ability in developing and supporting tech businesses and this investment will enable Draper Esprit to capitalise on further exciting growth opportunities in the sector."

Gowling WLG's Investment Funds team is one of the leading advisers to the investment funds sector, and brings together a wealth of talent covering tax, corporate, finance, regulatory and dispute resolution.