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Client Highlights

6.02.26

Firm Advises 137 Ventures and BANNER VC on Impulse Space’s $500 Million Series D Financing
On June 2, 2026, Impulse Space, an in-space mobility leader, announced it has raised $500 million in Series D funding, bringing the company’s total capital raised to over $1 billion. The funding will support the company’s hiring and manufacturing growth plans in its efforts to build in-space mobility infrastructure. The funding round was co-led by 137 Ventures and BANNER VC with participation from Founder’s Fund, Lux Capital, and Linse Capital. Wilson Sonsini Goodrich & Rosati advised 137 Ventures and BANNER VC on the transaction.
Client Advisories

5.07.26

North Korea-Linked Schemes to Obtain Employment in U.S. Tech Companies: What You Need to Know and How to Respond
During the past few years, operatives associated with the Democratic People’s Republic of Korea (North Korea or the DPRK) have reportedly infiltrated hundreds of U.S. companies by fraudulently posing as legitimate remote IT workers. The perpetrators, together with accomplices across multiple jurisdictions (including inside the U.S.), funnel wages back to North Korea in violation of economic sanctions, and in many cases steal company data, source code, and trade secrets. In a smaller subset of cases, after being discovered and terminated, perpetrators have released, or threatened to release, sensitive company data and attempted to extort ransom payments.
Client Highlights

3.27.26

Wilson Sonsini Advises Reltio on Acquisition by SAP
On March 27, 2026, SAP, a global leader in enterprise applications and business AI, announced its acquisition of Reltio, a leading master data management (MDM) software provider, to help customers make their SAP and non-SAP enterprise data AI-ready. Terms of the deal were not disclosed. Wilson Sonsini Goodrich & Rosati advised Reltio on the transaction.
Alerts

3.17.26

NRC’s Proposed Regulatory Framework for Fusion Machines Reaffirms Existing Export Control Rules
The Nuclear Regulatory Commission (NRC) is proposing numerous revisions to its controls on byproduct material produced by fusion machines. While the primary focus of the proposed rule is the regulatory framework for domestic licensing of the possession, use, and production of byproduct material associated with fusion machines, the proposed rule also includes changes to the definitions of “byproduct material” and “particle accelerator” in the NRC Export Control Regulations (Part 110).
Client Highlights

2.25.26

Wilson Sonsini Advises SambaNova on $350 Million Series E Financing
On February 24, 2026, SambaNova, a leader in next‑generation AI infrastructure, announced that it has raised more than $350 million in investment from new and existing investors. The oversubscribed Series E round was led by Vista Equity Partners and Cambium Capital, with strong participation from Intel Capital. Wilson Sonsini Goodrich & Rosati advised SambaNova on the transaction.
Client Highlights

12.15.25

Wilson Sonsini Advises Nu Quantum on Series A Financing
On December 10, 2025, Nu Quantum, the category creator and leader in distributed quantum computing, announced it has closed its $60 million Series A funding round, with participation from new investors National Grid Partners, Gresham House Ventures and Morpheus Ventures, and continued support from existing investors Amadeus Capital Partners, IQ Capital, Ahren Capital, Cambridge Enterprise Ventures, East Innovate, NSSIF, and Sumitomo (Presidio Ventures). It is the largest financing round ever raised by a pure-play quantum networking company, and the largest quantum Series A in the UK to date. Wilson Sonsini Goodrich & Rosati advised Nu Quantum on the transaction.
Client Highlights

12.15.25

Wilson Sonsini Advises Quantum Computing on $110 Million Acquisition of Luminar Semiconductor
On December 15, 2025, Quantum Computing (QCi), an innovative, quantum optics and integrated photonics technology company, announced that it has signed an agreement to acquire Luminar Semiconductor (LSI), a wholly owned subsidiary of Luminar Technologies, in an all-cash transaction valued at $110 million, subject to customary adjustments. Wilson Sonsini Goodrich & Rosati is advising QCi on the transaction
Press Releases

11.17.25

Wilson Sonsini Goodrich & Rosati Elects 12 Attorneys to Partner
PALO ALTO, CA (November 17, 2025)—Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, today announced the election of 12 new partners from within the firm’s attorney ranks. The promotions will take effect on February 1, 2026.
Client Highlights

11.13.25

Wilson Sonsini Advises Circle in Connection with Launch of Circle StableFX
On November 13, 2025, Circle Technology Services, LLC, a global financial technology company and stablecoin market leader, announced the launch of Circle StableFX, an institutional-grade engine for onchain stablecoin foreign exchange (FX), built on Arc. Wilson Sonsini Goodrich & Rosati advised Circle on the launch, led by Fintech and Financial Services partner Jess Cheng.
Alerts

11.11.25

BIS Formally Suspends New “Affiliates Rule” for One Year
On November 11, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) formally published a one year suspension of the “Affiliates Rule,” previously announced by Treasury Secretary Scott Bessent, in the Federal Register. The suspension is being imposed in two phases; the first phase temporarily suspends the Affiliates Rule and is effective immediately through November 9, 2026. The second phase reimposes the Affiliates Rule and will be effective starting November 10, 2026.
Alerts

10.30.25

Treasury Secretary Bessent Announces Suspension of 50 Percent “Affiliate” Rule for Entity List, Military End-Users List
During a televised interview today, Treasury Secretary Scott Bessent announced that the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) will suspend implementation of the so-called “Affiliates Rule,” which was adopted by BIS as an interim final rule last month. Under this new Affiliates Rule, BIS expanded the scope of the Entity List, Military End User (MEU) List, and Section 744.8 restrictions to also apply to non-U.S. entities owned, directly or indirectly, and individually or in the aggregate, 50 percent or more by another party or parties enumerated on an applicable list.
Client Highlights

10.13.25

Wilson Sonsini Advises Fivetran on Merger with dbt Labs
On October 13, 2025, Fivetran, a global leader in automated data movement, announced that it signed a definitive agreement to merge with dbt Labs, a pioneer of modern data transformation, in an all-stock deal. The combined company will be approaching $600 million in annual recurring revenue. The transaction marks significant consolidation in the data tooling market as enterprises race to adapt infrastructure for artificial intelligence applications. Wilson Sonsini Goodrich & Rosati advised Fivetran on the transaction.
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