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3.10.26
Wilson Sonsini Advises Rhoda AI on $450 Million Funding as Company Emerges from Stealth
On March 10, 2026, Rhoda AI, a robotics intelligence start-up, announced it has emerged from stealth and raised $450 million in a Series A fundraising round led by Capricorn Investment Group, Khosla Ventures, Leitmotif, Matter Venture Partners, Mayfield, Premji Invest, Prelude Ventures, Temasek, Xora, and John Doerr, among others. Wilson Sonsini Goodrich & Rosati advised Rhoda AI on the transaction.
Client Highlights
1.13.26
Wilson Sonsini Advises Proxima on $80 Million Seed Financing
On January 13, 2026, Proxima (formerly VantAI), the AI-native biotech company pioneering the next generation of AI-driven drug discovery for proximity therapeutics, announced an oversubscribed $80 million Seed financing.
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11.12.25
Wilson Sonsini Advises d-Matrix on Oversubscribed $275 Million Series C Funding
On November 12, 2025, d-Matrix, a pioneer in generative AI inference compute for data centers, announced an oversubscribed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million. The funding is co-led by a global consortium that includes Bullhound Capital, Triatomic Capital, and Temasek. The round also includes new participation from the Qatar Investment Authority and EDBI, alongside follow-on participation from M12 (Microsoft’s venture fund), Nautilus Venture Partners, Industry Ventures, and Mirae Asset. Wilson Sonsini Goodrich & Rosati advised d-Matrix on the transaction.
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8.07.25
Wilson Sonsini Advises Major Shareholders of HistoSonics on $2.25 Billion Majority Stake Acquisition
On August 7, 2025, HistoSonics, the developer of the Edison® Histotripsy System and a pioneer in non-invasive, focused ultrasound therapies, announced a management-led majority stake acquisition valued at approximately $2.25 billion. The transaction was backed by a syndicate of globally recognized private and public investors, including K5 Global, Bezos Expeditions, Wellington Management, and other new and existing investors. Wilson Sonsini advised HistoSonics’ existing major shareholders in connection with the transaction.
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6.13.25
Wilson Sonsini Advises XGS Energy in Agreement with Meta on 150 MW Advanced Geothermal Project
On June 12, 2025, XGS Energy and Meta Platforms announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico. This initiative aims to provide reliable, clean electricity to support Meta's data center operations, utilizing XGS Energy's proprietary geothermal technology, which enables geothermal power production with zero operating water use. By decoupling geothermal energy production from its historical dependence on natural water resources, the company’s technology dramatically expands the opportunities for geothermal power. Wilson Sonsini advised XGS Energy on the transaction.
Client Highlights
5.23.24
Wilson Sonsini Advises XGS Energy on Oversubscribed $20 Million Series A
On May 21, 2024, XGS Energy (XGS), an innovator in next-generation geothermal energy technology, announced the successful completion of its $20 million Series A financing. The final close was led by Valo Ventures and VoLo Earth Ventures and included financing from new investors B Current Impact Investment, MIH Capital, and individual inside investors, as well as additional funding from existing investor Thin Line Capital. Wilson Sonsini Goodrich & Rosati advised XGS on the transaction.
Client Highlights
2.20.24
Wilson Sonsini Advises Niron Magnetics on Strategic Funding Round
On February 20, 2024, Niron Magnetics, the company pioneering the world's first high-performance, rare earth-free permanent magnets, announced it has received $25 million in new strategic funding. The round was led by Samsung Ventures, and included new investors Allison Ventures, the venture capital arm of Allison Transmission, and Magna. In addition, current investors Shakopee Mdewakanton Sioux Community and University of Minnesota participated in the round joining Niron’s impressive list of investors which includes GM Ventures, Stellantis Ventures, Volvo Cars Tech Fund, and more. Wilson Sonsini Goodrich & Rosati advised Niron Magnetics on the transaction.
Client Highlights
9.19.22
Wilson Sonsini Represents Amprius Technologies in SPAC Transaction
On September 14, 2022, Amprius Technologies, Inc., a lithium-ion batteries manufacturer, announced the completion of its business combination with Kensington Capital Acquisition Corp IV, a special purpose acquisition company. The company has begun trading on the New York Stock Exchange under the ticker symbol “AMPX.” The transaction will provide Amprius with approximately $87 million of gross proceeds, which will be used to support the company through the construction of its gigawatt hour-scale manufacturing facility.
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5.06.22
Wilson Sonsini Advises Raxium on Acquisition by Google
On May 4, 2022, Google announced it acquired Raxium, an innovator in single panel MicroLED display technologies. Terms of the deal were not disclosed. Wilson Sonsini Goodrich & Rosati represented Raxium in the transaction.
Client Highlights
9.02.21
Wilson Sonsini Advises Humane on $100 Million Series B
On September 1, 2021, Humane, Inc. announced it has raised $100 million in its Series B round, which was led by Tiger Global Management, with participation from SoftBank Group, BOND, Forerunner Ventures, and Qualcomm Ventures LLC. Other investors who participated in the round include Sam Altman, Lachy Groom, Kindred Ventures, Marc Benioff's TIME Ventures, Valia Ventures, NEXT VENTŪRES, Plexo Capital, and Wilson Sonsini Goodrich & Rosati. This round will enable Humane to scale its operations and continue executing and expanding on its mission to deliver the next shift between humans and computing.