Sunday, April 21, 2024
Sunday, April 21, 2024
Home » DLA Piper advises MetaVC Partners in raising US$62 Million Fund

DLA Piper advises MetaVC Partners in raising US$62 Million Fund

by Kayden Atkinson
0 comment

DLA Piper advised MetaVC Capital, LLC (MetaVC) in the final closing of MetaVC Partners, LLC, a US$62 million fund that will invest in early-stage, hard-tech metamaterials startup companies.

MetaVC Partners is an early-stage venture fund investing in startup companies that use metamaterials – a broad class of manufactured materials engineered to control and manipulate energy, such as radio waves, light, and sound – for applications in renewable energy, high-performance computing, imaging and next generation wireless communications and sensors.

“It was a privilege to advise MetaVC on the closing of its US$62 million fundraise,” said Yoni Tuchman, the DLA Piper partner who led the fund formation team. “We are grateful to MetaVC for entrusting us with its debut fund formation, allowing us to showcase our capabilities representing emerging managers raising capital from institutional LPs that are among the world’s most sophisticated.”

“Yoni and the DLA team were fantastic,” said Chris Alliegro and Conrad Burke, Founding Managing Partners of MetaVC. “They had our backs completely and provided us with skilled counsel, strategic advice, and market insights. The DLA team was instrumental in getting MetaVC to this milestone closing.”

In addition to Tuchman (Los Angeles), the team included partner Aalok Virmani (Chicago); counsel James Killmond (Palo Alto); and associates Christine Wilson (Miami) and David Pennant (Philadelphia).

The firm’s global investment funds team provides a dynamic, integrated service to sponsors, fund managers and institutional investors, supported by the firm’s international tax and regulatory networks. The team advises clients on the full spectrum of private investment funds, all major investment strategies and all stages of a private investment fund’s life cycle.

Source : Legaldesire

You may also like

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites. Buy Soledad now!

Vestitor News, A Media Company – All Right Reserved.