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Fundraising counsel · Singapore

Investors bring counsel to the table.You should too.

Term sheets read before you sign, a data room kept clean, and the round negotiated by a senior Singapore lawyer who has closed them before. Inside your fractional GC mandate, or scoped to the raise.

The deal terms stay confidential. The discipline behind them is what investors actually notice.

What you are actually getting

What fundraising counsel actually is.

Fundraising counsel is a senior lawyer on your side of the table for the whole raise: reading the before you sign it, keeping your ready for diligence, and negotiating the so the deal you close is the deal you shook on. They also keep the honest while the round moves.

Tap a highlighted term for the plain-English version.

Declassified

term sheet

The short document that sets the economics and control of your round. It is mostly not binding, but everything after it is negotiated in its shadow, which is why it deserves counsel before signature, not after.

In plain terms: the investor's lawyer has closed a hundred rounds. Now yours has too.

The problem we remove

Rounds rarely die on valuation. They die in diligence.

Put both versions of your raise in front of the investor's lawyer and read the difference. Same four questions, asked the way they ask them. Terms get worse as your leverage cools, and only one set of answers keeps it warm.

  1. 01The investor's lawyer asks

    01 / 04

    Walk me through your liquidation preference.

    Unrepresented founders

    "It is whatever the template said."

    With deal counsel

    "1x, non-participating. We negotiated it before signing."

  2. 02The investor's lawyer asks

    02 / 04

    Where is the board approval for this round?

    Unrepresented founders

    "We can paper that after closing, right?"

    With deal counsel

    "Minuted and signed. It is in folder three of the data room."

  3. 03The investor's lawyer asks

    03 / 04

    Your SAFEs: what do they convert into at this price?

    Unrepresented founders

    "We have not run the numbers all together."

    With deal counsel

    "Modelled to the share. The schedule sits next to the instruments."

  4. 04The investor's lawyer asks

    04 / 04

    Can you deliver the disclosure letter by Friday?

    Unrepresented founders

    "What exactly is a disclosure letter?"

    With deal counsel

    "Drafted. It goes out the moment you confirm the closing date."

  5. 05Who answers now

    The stakes
    Daniel Kung, Your counsel for the round
    Daniel KungYour counsel for the round

    6 to 8weeks a messy diligence can add to a round

    Runway burns while lawyers chase paperwork, and a stalling round is the strongest signal a lead investor can get to reopen the price.

    A senior lawyer on your side of the table from term sheet to wire, so the deal you close is the deal you shook on.

The second voice is not a script. It is what a prepared round sounds like, and preparing it is the job we take over.

How a represented raise runs

From term sheet to money in the bank, on a plan.

A raise we would be proud of, played back week by week.

Continuously updated
  1. Week 1Term sheet

    The term sheet lands. Within 48 hours you know what is standard, what is aggressive, and the three points worth fighting for.

  2. Week 1Strategy

    A thirty-minute call sets the negotiation plan: what we concede, what we trade, and what we hold.

  3. Week 2Data room

    The data room opens already complete: contracts, IP assignments, approvals and a cap table that reconciles to the document trail.

  4. Week 3Diligence

    Investor questions answered the same week, in writing. Nothing surfaces that we had not already flagged to you first.

  5. Week 4Documents

    Subscription and shareholders' agreements negotiated in two turns, not seven. The board pack for closing goes out early.

  6. Week 5Closing

    Conditions met, resolutions signed, funds wired. The announcement goes out on the date you planned it.

  7. Week 6After

    Post-closing filings lodged, the cap table updated, and every promise made in the round diarised so it actually gets kept.

You keep running the company. The round runs alongside it, not on top of it.

Everything this covers

The whole raise, on one desk.

From the first term sheet to the post-closing filings, each of these has one senior owner.

Daniel KungYour counsel for the round

Duty 01 of 06

Term sheet review and negotiation

Every term explained in founder language and benchmarked against what is standard for your stage, with redlines back inside 48 hours.

  • Economics
  • Control
  • 48h turnaround

Hover a duty to open it, or tap it on mobile.

Daniel Kung, Founder & Principal, LDU Asia
Daniel KungFounder & Principal, LDU Asia
  • Singapore licensed
  • Fundraising & SAFEs
  • M&A and exits
  • Regulators & MAS

The senior judgment behind LDU

Meet Daniel, the lawyer behind every approval.

Fifteen years getting founders through setup, growth and the raise, across the table from investors, regulators and acquirers. He is the senior judgment LDU is built on.

Years in practice
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Years in practice

Matters signed off
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Matters signed off

Why founders trust us with the round

Counsel that has closed rounds, not just read about them.

A named senior lawyer across the table from institutional counsel, a record you can check, and a capped fee that keeps the risk on us.

The LDU team, Singapore. The people behind your round.
The people behind your roundThe LDU team, Singapore
4.8/ 5

Google reviews60+ founder reviews

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Rounds and financings advised
0h
Term sheet turnaround
0%
Signed off by a licensed lawyer
  • Singapore licensed
  • Venture financing
  • SAFEs and priced rounds
  • M&A and exits

Our promise

A capped fee in writing before we start. No hourly meter running during your negotiation.

We take a limited number of live rounds at a time.

Customer stories

Why founders choose LDU.

Veljko Vasic

CEO, HolyWally

As a client of LDU, I was impressed by how they consistently focused on our needs, showing patience and a deep understanding of our core requirements. It felt like having an in-house counsel that always had our best interests at heart. If you're looking for a dedicated team that prioritizes client satisfaction, LDU is the right choice.
Less time setting up contracts
0%

Less time setting up contracts

Faster to close than competitors
0X

Faster to close than competitors

Faster issue resolution
0%

Faster issue resolution

Reviewed by a licensed lawyer
0%

Reviewed by a licensed lawyer

  • Daniel is a consummate professional who was very helpful in our consultation. He assuaged my fears and walked me through how to possibly handle my situation. Did not ask for unnecessary charges or quotes. Highly recommended, especially if you're a small business or startup.
    Leung Wai-Leng
  • Thanks to LDU and Daniel support, my business which was not well structure for couple months and having some issues is now good to operate. Extremely recommended for anyone not familiar with how Singaporean laws and banks work, it is much better to get great assistance at the beginning and start smoothly. Highly recommended.
    Simon Giraldo
  • LDU was able to listen to my situation in detail and quickly provide me with effective advice to move forward. Daniel was very professional and clear-headed. A very good experience.
    Benjamin Fossati
  • LDU have been fantastic in providing legal consulting and services. They have in depth knowledge across various domains and they work quick at a fraction of the cost of what you'd pay at standard market rate.
    Dindo De La Cruz
  • I had an excellent experience working with LDU Asia. Daniel, in particular, was incredibly helpful, he was responsive, knowledgeable, and guided me through the situation with clarity and professionalism. I highly recommend their services for anyone in need of reliable legal support.
    Josh Decker
  • Highly qualified, knowledgeable, with a great team. Expert opinions and advice. Would highly recommend for multiple types of legal services. I've used LDUAsia multiple times for a myriad of tasks and they've always been top notch.
    Zach
  • As an expat in Singapore the firm really helped me with all the clarity on the matter and were very honest during the process.
    Hasan Syed
  • Excellent experience working with Daniel and his team. We first got into contact almost 2 years ago in the earliest stages of our company. Daniel's team's arrangement was startup friendly and sincere.
    Rishab Patwari
  • LDU Asia is truly a game-changer for any Singaporean startup. Their team is incredibly tech-savvy, highly responsive, and genuinely values both your time and theirs.
    Sunny Saurabh
  • Best legal team you can really trust.
    Veljko Vasic
  • LDU Asia is amazing. Solving my issue within a few day. They are prompt is replying my text and giving advice on what I should do.
    Roy Loi
  • Easy to work with, thorough, and diligent. A wonderful team that helped meet needs quickly and efficiently.
    Meagan Ranson
  • Daniel was wonderful in guiding us through the compliance process.
    Kanak Chaudhari
  • Probably the fastest, most efficient and affordable lawyers in Singapore!
    Mahir Sahin
  • Super helpful. Professional and knowledgable.
    Daniel Hestevold
  • I had the pleasure of a professional and highly informative discussion with LDU which brought clarity to my situation and openly shared options and paths forward in a simplistic and grounded way. I am very grateful and highly recommend.
    Robert Kiely

Trusted across Singapore

AfterlifeAnimagineAutoma8eCreitiveDsx VenturesEagle BotFailsafeFilipayGroundupHaulmatic

FAQ

What founders ask before a raise.

Term sheet in hand?

Bring it to a free call. Fifteen minutes, and you will know where it is standard and where it is not.

Book a free consultDaniel KungLia
  • Before you sign the term sheet. It is mostly non-binding, but it frames every negotiation after it, and points conceded there are rarely won back in the definitive documents.

Your move

Walk into your round represented.

Book a free call. Bring the term sheet if you have one, and leave knowing exactly where it is standard and where it is not, whether we work together or not.

Book a free consultDaniel KungLia
  • 15 minutes
  • No pitch
  • A straight answer
12 founders booked a call this month
4.8 Rated by 60+ founders

We take a limited number of live rounds at a time.