News & Publications

Biotechnology company Inozyme Pharma, Inc. announced that it raised $67 million in a Series A2 financing led by Pivotal bioVenture Partners and Sofinnova Investments.

WilmerHale represented Stash, the financial platform revolutionizing how millions of Americans invest and save, in its $65 million Series E funding.  

This article discusses key areas that startups need to focus on as they mature in order to sidestep “business-busting” distractions and lay the groundwork for healthy company culture. 

In 2018, we served as counsel in more than 200 venture financings raising close to $4.5 billion, including some of the largest and most prominent deals of the year.

The article provides a recap of the 2018 market for early-stage public biotech companies, a peek into 2019 conditions, and goes on to outline how early-stage public companies can position themselves to maximize and maintain investor engagement and to execute financings from a position of strength.

On January 29, 2019, RigUp, the energy industry’s predominant marketplace for on-demand services and labor, announced that it raised $60 million in a Series C funding round led by Founders Fund.

Schrödinger, a privately held company revolutionizing drug discovery through advanced molecular simulations, announced on January 4, 2019 the closing of an $85 million financing to support continued growth and innovation of its computational platform and expansion of its drug discovery pipeline. 

On December 17, 2018, WilmerHale client RightHand Robotics, a leading provider of robotic e-commerce solutions, announced the closing of a $23 million funding round. 

A WilmerHale team led by Corporate Partner Stephanie Evans represented Kindur, a financial tech platform “helping baby boomers embrace modern retirement,” in its $9 million Series A funding round.

In an article published by VentureBeat, Partner Gary Schall lays out the critical post-financing actions that startups should take after closing their financing rounds.

On October 2, 2018, ExecOnline, a leader in delivering certificate-bearing leadership and development programs in partnership with elite business schools, announced it closed an $18 million Series C funding round led by ABS Capital Partners.

Capella Space, a startup planning a constellation of radar imaging satellites, has raised an additional $19 million in a Series B round led by Spark Capital and Data Collective, also known as DCVC.  

Mabl, an ML-driven quality assurance service that automates web app testing, announced on September 18, 2018, that it has secured $20 million in a Series B funding round led by GV (formerly Google Ventures). 

On September 6, 2018, Crux Informatics, a leading data engineering and information supply chain operator, announced it had entered into a strategic partnership with Two Sigma, one of the world's largest systematic investment management firms.

This article written by Daniel Zimmermann published by TechCrunch on August 15, 2018, discusses the expansion of Asian VC investment in US startups and how to successfully navigate the inevitable varying perspectives and expectations.