ORRICK PARTNERS WITH THRIVE AGTECH INNOVATION PLATFORM TO PROVIDE LEGAL COUNSEL TO FOOD AND AGTECH COMPANIES
SAN FRANCISCO, CALIF., June 27, 2017, SVG Partners announced today that ORRICK HERRINGTON & SUTCLIFFE LLP will partner with the THRIVE AgTech Venture & Innovation Platform to offer law services to seed and growth stage agriculture and food technology companies. Headquartered in San Francisco, Orrick is an internationally recognized law firm focused on serving companies in the technology, energy & infrastructure and financial sectors globally. In the months ahead, Orrick will invest time to guide the companies in THRIVE’s annual accelerator cohorts, many of which have originally been established in foreign jurisdictions, to organize themselves with a proper legal set up and structure, consistent with operating and raising capital in the Silicon Valley.
“This partnership signifies our commitment to serving the technology sector at every level,” said Matteo Daste, a partner at Orrick. As a member of the Technologies Companies Group where he focuses on advising companies and entrepreneurs, Daste was drawn to the THRIVE platform to support entrepreneurs building disruptive technologies for food and agriculture. The firm’s technology companies group is positioned to help seed and growth companies manage risks, identify and maximize opportunities, and expand globally.
“Having Orrick join the THRIVE platform as our exclusive legal counsel is of enormous benefit to technology companies disrupting the food and agriculture industries,” said THRIVE Founder & CEO John Hartnett.
The THRIVE AgTech Venture & Innovation platform brings corporate partners across sectors on board to steer and support technology companies focused on more sustainable, high efficiency, and safe food production and delivery in the future. By 2050, the planet will have 2 billion additional people living on it. With the help of its partners and startups, THRIVE’s mission is to increase the availability of food while simultaneously cutting the environmental harm associated with producing it.
“We believe that offering experienced counsel is critical to helping entrepreneurs attract strategic investors and customers,” said Daste. “Having a partnership specially built for emerging ag and food tech companies is part of Orricks’ mission to support technology companies at the frontline of their industries.”
Orrick is a global law firm focused on serving companies in the tech, finance, and energy and infrastructure sectors. A leading advisor to the global technology sector, Orrick’s clients include 1,600+ high-growth companies, six of the Fortune 10 TMT companies, and eight of the 10 largest Bay Area companies. Orrick offers comprehensive solutions for every stage in a tech company’s growth – including private and public company transactions, IP protection, high-stakes litigation, and cybersecurity and other compliance.
Orrick’s energy and infrastructure practice covers the full energy spectrum: renewables, conventional energy, and oil and gas. Orrick acts for the largest global sponsors and developers, new market entrants, banks, funds, and government entities. Orrick has pioneered the global infrastructure markets, with particular strength in the Transport sector. The firm’s experience spans all 50 US states and 95 countries worldwide, including groundbreaking transactions across Africa, Latin America and Asia. Seventeen of the Global 20 banks rely on the firm’s finance teams, as do funds, development banks and other lenders. Dating back to its work on the financing of California’s Golden Gate Bridge, Orrick has dominated the US public finance markets. Orrick brings technical excellence and craftsmanship to the securitization, acquisition finance, restructuring and real estate markets, and has litigated and appealed some of the most complex disputes for the world’s major financial institutions.
ABOUT SVG PARTNERS
SVG Partners is an investment, technology and advisory firm that partners with organizations on strategy, innovation and global expansion. SVG’s experience team of senior technology leaders and venture capital investors have worked with global corporations and scaling companies to drive competitive advantage from strategy to implementation. Through its accelerator and open Innovation programs, engineering and development services, and executive strategy and advisory, SVG Partners helps build and scale innovative technology companies worldwide. SVG Partners is based in Silicon Valley, CA. www.svgpartners.com
ABOUT THRIVE VENTURE & INNOVATION PLATFORM
As a response to growing concern over food security, labor shortages, and the availability of energy, water, and land resources, THRIVE and its community of startups, corporates, investors, and academics advance technologies focused in the food and agriculture industries. Through corporate open innovation, annual seed accelerator, technology & innovation forums, and investment fund, THRIVE helps innovative technology companies disrupt, scale and lead in the global market. www.thriveagtech.com
Emily Breslin, SVG Partners, Emily.Breslin@svgpartners.com
Matteo Daste, Orrick, email@example.com