Harbottle & Lewis has advised activist shareholder platform Tulipshare on a $10.8m seed investment round led by venture capital firm Eurazeo, alongside Speedinvest and Frst.
Through Tulipshare, individuals across the UK can invest as little as £1 to advocate for Environmental, Social and Governance (ESG) reform at publicly traded companies. Tulipshare then unifies individuals’ shareholder rights with other investors to make their voices heard and engages directly with the investor relation teams of companies – empowering users to vote with their money. This means retail investors can participate in activist campaigns, a space traditionally dominated by large institutional investors.
Charles Leveque, Corporate partner said: “Tulipshare combines the growing trend of retail investing with ESG reform and we are extremely proud to have advised them on this funding round. We look forward to watching Tulipshare grow and working with Antoine and his team for many years to come.”
On working with Harbottle & Lewis, Antoine Argouges, Founder of Tulipshare, commented: “Harbottle were excellent. Their advice was spot-on, they were incredibly responsive and they always delivered.”
Charles Leveque led the team that advised Tulipshare on the investment with support from Tom Macleod (Corporate, senior associate) and Iona Jones (Corporate, associate).