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5.27.26
Wilson Sonsini Advises Thea Energy on $100 Million Series B
On May 27, 2026, Thea Energy, a technology company advancing the stellarator for the commercialization of an abundant source of baseload fusion power, announced it has raised $100 million in Series B funding that draws support from Thomas Tull’s US Innovative Technology Fund (USIT), General Innovation Capital Partners (GICP), Linse Capital, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, Idemitsu Kosan, Overlay Capital, Timescale Ventures, and Whatif Ventures. Wilson Sonsini Goodrich & Rosati advised Thea Energy on the transaction.
Client Highlights
2.05.26
Wilson Sonsini Advises Lunar Energy on $232 Million in Financings
On February 4, 2026, Lunar Energy, the leader in integrated home battery systems and Virtual Power Plant software, announced it raised $102 million in an oversubscribed Series D round led by B Capital and Prelude Ventures. This round follows a previously unannounced Series C financing of $130 million led by Activate Capital, resulting in a total of $232 million in new funding. Wilson Sonsini Goodrich & Rosati advised Lunar Energy on these financing transactions.
Client Highlights
10.23.25
Wilson Sonsini Advises Redwood Materials on $350 Million Series E
On October 23, 2025, Redwood Materials, a battery recycling and cathode production company, announced it has closed a $350 million Series E funding round, bringing the total valuation of the company to about $6 billion. The financing was led by Eclipse and included new strategic investor NVentures (NVIDIA’s venture capital arm). The funds will be used to expand the company’s energy storage business and its refining and materials production capacity. Wilson Sonsini Goodrich & Rosati advised Redwood Materials on the transaction.
Client Highlights
8.28.25
Wilson Sonsini Advises Shutterfly on CADY’s Acquisition of Lifetouch Assets
On August 26, 2025, CADY, a leading school photography company, announced the acquisition of Lifetouch’s high school photography accounts in select schools in the Mid-Atlantic, Southeast, and Texas. Wilson Sonsini Goodrich & Rosati advised Shutterfly, which owns the Lifetouch brand, on the transaction.
Client Highlights
8.27.25
Firm Advises Coral Vita on $8 Million in Series A Funding
Coral Vita, a coral reef restoration company that employs techniques to grow coral up to 50 times faster than in nature, announced it raised over $8 million in Series A funding, making them one of the first coral restoration-focused companies to reach this significant investment stage. The funding round was led by Builders Vision, founded by Walmart heir Lukas Walton, with participation from leading impact investors including Katapult Ocean, iAlumbra, Aureolis Ventures, Colorado Coral, and Rising Tide. Wilson Sonsini Goodrich & Rosati advised Coral Vita on the transaction.
Client Highlights
8.15.24
Wilson Sonsini Advises Trove in its Acquisition of Recurate to Bolster Recommerce Offering for Brands
On August 13, 2024, Trove, a leader in branded resale and customer trade-in, acquired Recurate, a significant player in the branded resale market. This acquisition strengthens Trove's foothold in the growing recommerce market and underscores its commitment to making branded resale more accessible and scalable for brands. Wilson Sonsini provided legal counsel to Trove for the transaction.
Client Highlights
1.31.24
Wilson Sonsini Advises AiDash on $50 Million Series C Financing
On January 23, 2024, AiDash, a San Jose, CA-based enterprise SaaS company making infrastructure industries climate-resilient and sustainable with satellites and artificial intelligence (AI), announced that it had raised $50 million in an oversubscribed Series C funding round. Wilson Sonsini Goodrich & Rosati advised AiDash in the transaction.
Client Highlights
12.18.23
Wilson Sonsini Advises OhmConnect on Merger Agreement with Google Nest Renew
On December 14, 2023, Google Nest Renew, a load shifting service for Google Nest thermostats that help customers shift their energy usage to times when the electrical grid is cleaner or energy is less expensive, announced that it is spinning out from Google and combining with OhmConnect, a start-up that Sidewalk Infrastructure Partners (SIP) invests in that helps manage load shifting services for Nest and other smart thermostat brands. The new company will be called "Renew Home." Wilson Sonsini Goodrich & Rosati is advising OhmConnect on the transaction.
SIP will combine their platform company, OhmConnect, with assets from Google Nest’s Renew service business to form Renew Home, which will help customers and energy providers unlock energy savings and rewards in a way that supports a clean energy grid. Renew Home will combine OhmConnect’s innovative home energy management platform, which has helped California avoid dangerous blackouts, with Google Nest’s leadership in energy products and services that help customers prioritize cheaper and cleaner energy. Nest Renew and OhmConnect customers will have improved experiences and offerings, as Renew Home works with partners across the energy industry to offer savings and rewards while accelerating the clean energy transition. SIP is also investing $100 million in fresh capital to drive Renew Home’s future growth as a SIP platform company. The closing of the transaction is subject to regulatory approvals and other customary closing conditions.
SIP will combine their platform company, OhmConnect, with assets from Google Nest’s Renew service business to form Renew Home, which will help customers and energy providers unlock energy savings and rewards in a way that supports a clean energy grid. Renew Home will combine OhmConnect’s innovative home energy management platform, which has helped California avoid dangerous blackouts, with Google Nest’s leadership in energy products and services that help customers prioritize cheaper and cleaner energy. Nest Renew and OhmConnect customers will have improved experiences and offerings, as Renew Home works with partners across the energy industry to offer savings and rewards while accelerating the clean energy transition. SIP is also investing $100 million in fresh capital to drive Renew Home’s future growth as a SIP platform company. The closing of the transaction is subject to regulatory approvals and other customary closing conditions.
Client Highlights
9.11.23
Wilson Sonsini Advises Falkonry on Acquisition by IFS
On August 23, 2023, IFS, a global cloud enterprise software company, announced it has signed a definitive agreement to acquire Falkonry, Inc., a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. Wilson Sonsini Goodrich & Rosati advised Falkonry on the transaction.
Client Highlights
8.30.23
Wilson Sonsini Advises Redwood Materials on $1 Billion Series D Financing
On August 29, 2023, Redwood Materials, a start-up recycling old lithium-ion batteries and making components for new ones, announced the completion of its most recent equity funding round, in which the company raised more than $1 billion in Series D shares. The round was co-led by Goldman Sachs Asset Management, Capricorn's Technology Impact Fund, and funds and accounts advised by T. Rowe Price Associates. The company, founded in 2017 by former Tesla executive JB Straubel, will use the Series D funding to continue to build their capacity, expand the domestic battery supply chain, and allow customers to purchase battery materials made in the U.S.
Client Highlights
1.17.23
Wilson Sonsini Advises Forum Mobility on $15 Million Series A and $400 Million Joint Venture
On January 17, 2023, Forum Mobility, a zero-emission trucking solutions provider, announced the close of a $15 million Series A funding round and a new $400 million joint venture, both led by a fund sponsored by CBRE Investment Management, to provide comprehensive, zero-emission charging and vehicle solutions to drayage truck fleets and drivers. Homecoming Capital also participated in the Series A funding round and provided $100 million to the joint venture. Wilson Sonsini Goodrich & Rosati advised Forum Mobility on the transactions.
“We are building a comprehensive charging network for heavy-duty trucks to make the transition to electrification. This network will need a lot of infrastructure and real estate, and CBRE IM is the perfect partner to help us build charging where it's needed most. Fleets can bring their trucks to our network, or we can provide electric trucks bundled with charging. Today we can provide a Class 8 electric truck, and all its charging needs, at a monthly price that's competitive with diesel—without the emissions," said Matt LeDucq, CEO and co-founder of Forum Mobility. "With new rules coming soon from the California Air Resources Board, we help fleets and drivers looking to make the jump to electric."
Forum Mobility’s existing seed investors all participated in the Series A, including Obvious Ventures, Edison International, Overture, and Homecoming Capital. New Series A investors include CBRE Investment Management, Elemental Excelerator, and Amazon's Climate Pledge Fund.
The Wilson Sonsini team that advised Forum Mobility on the transactions includes Randy Lewis, Scott Zimmermann, Matt Bogdan, Virginia Harris, Benjamin Armuth, Kristy Strohm, Karli McConnell, Kathleen Rothman, Joe Catapano, and Rick Titcomb.
“We are building a comprehensive charging network for heavy-duty trucks to make the transition to electrification. This network will need a lot of infrastructure and real estate, and CBRE IM is the perfect partner to help us build charging where it's needed most. Fleets can bring their trucks to our network, or we can provide electric trucks bundled with charging. Today we can provide a Class 8 electric truck, and all its charging needs, at a monthly price that's competitive with diesel—without the emissions," said Matt LeDucq, CEO and co-founder of Forum Mobility. "With new rules coming soon from the California Air Resources Board, we help fleets and drivers looking to make the jump to electric."
Forum Mobility’s existing seed investors all participated in the Series A, including Obvious Ventures, Edison International, Overture, and Homecoming Capital. New Series A investors include CBRE Investment Management, Elemental Excelerator, and Amazon's Climate Pledge Fund.
The Wilson Sonsini team that advised Forum Mobility on the transactions includes Randy Lewis, Scott Zimmermann, Matt Bogdan, Virginia Harris, Benjamin Armuth, Kristy Strohm, Karli McConnell, Kathleen Rothman, Joe Catapano, and Rick Titcomb.
Client Highlights
9.07.22
Wilson Sonsini Advises Lunar Energy on Acquisition and Corporate Matters as Company Emerges from Stealth
On August 24, 2022, Lunar Energy, a California-based start-up dedicated to delivering home electrification, emerged from stealth mode having successfully raised over $300 million in two rounds of funding led by Sunrun and South Korea's SK Group. Lunar Energy also acquired Moixa, the leading global software company for distributed energy resources (DER) management. In addition, ITOCHU and Honda, previous investors in Moixa, joined Lunar Energy's team of investors. Wilson Sonsini Goodrich & Rosati represented Lunar Energy in the financings, the acquisition, technology transactions, and general corporate matters.