Technology, Innovation & Life Sciences
Investment in innovation
Blind Spot Gear Limited is an innovative start-up company created by industry leading and award winning specialists in the design and manufacture of lighting products. The market for these products is specifically for the film, television, photographic and entertainment industries. The company’s aim is to use cutting edge innovation and design to allow unrestricted creative camera lighting, and to this end they have developed the ‘Scorpion Light’ as an affordable, flexible and professional-grade lighting system for photographers and film makers. They have also been successful in securing a distributor in North America.
During a crowdfunding campaign the company was approached by an individual offering equity investment of £100,000. The company instructed our team to advise on the investment deal which involved advising on the terms of the Investment Agreement and ancillary documents, putting in place employment contracts for the founders, documenting the equity allotment and advising generally throughout the process. The Morisons team assisted in securing completion of the deal in just over a month from agreement of the headline terms.< Back