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3.04.26
The Scramble: 2025 Gaming Legal Year in Review
Wilson Sonsini is pleased to present The Scramble: 2025 Gaming Legal Year in Review. This annual publication offers a retrospective look at the game industry’s legal landscape of the past year, showcases Wilson Sonsini’s contributions during that period, delivers insightful industry analyses, and anticipated trends.
Client Highlights
2.18.26
Wilson Sonsini Advises Heron Power on $140 Million Series B
On February 18, 2026, Heron Power, an energy infrastructure company, announced the closing of $140 million in Series B financing co-led by Andreessen Horowitz’s (a16z) American Dynamism Fund and Breakthrough Energy Ventures, with participation from existing investors Capricorn Investment Group, Energy Impact Partners, Valor Atreides AI Fund, and Gigascale Capital. Wilson Sonsini Goodrich & Rosati advised Heron Power 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
8.27.25
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
4.11.25
Wilson Sonsini Advises Parallel Systems on $38 Million Series B
On April 11, 2025, Los Angeles-based Parallel Systems, an autonomous-railcar company, announced that it successfully completed a $38 million Series B financing round led by Anthos Capital with participation from Collaborative Fund, Congruent Ventures, and Riot Ventures, among others. Wilson Sonsini Goodrich & Rosati advised Parallel Systems on the transaction.
Client Highlights
1.31.25
Wilson Sonsini Advises Bonsai Robotics on $15 Million Series A
On January 28, 2025, Bonsai Robotics, a leading developer of physical AI solutions for agriculture applications, announced the successful completion of a $15 million Series A funding round. Bison Ventures led the oversubscribed round with participation from new investor, Cibus Capital, and existing investors Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR, and Serra Ventures. Wilson Sonsini Goodrich & Rosati advised Bonsai on the transaction.
Bonsai's flagship product, Visionsteer™, provides technology designed to meet grower needs, offering data insights, crop analysis, notifications, job planning, and autonomous vehicle control. The new funding will be used to enhance vision-based autonomous technology and to drive commercialization efforts.
Bonsai's flagship product, Visionsteer™, provides technology designed to meet grower needs, offering data insights, crop analysis, notifications, job planning, and autonomous vehicle control. The new funding will be used to enhance vision-based autonomous technology and to drive commercialization efforts.
Client Highlights
10.09.24
Wilson Sonsini Advises Runware on $3 Million Fundraise
On October 1, 2024, Runware, a generative AI start-up, disclosed it secured $3 million in funding from a16z Speedrun, LakeStar, and Lunar Ventures. Runware enables ultra-fast, low cost generative art using custom-built hardware and a renewable energy infrastructure. Wilson Sonsini Goodrich & Rosati represented Runware in the fundraise. The Wilson Sonsini team includes Jonathan Chan, Mark Baudler, Stacy Kim, Peter Bratton, and Angela Chan.
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.
Newsletters
3.18.24
The Scramble: 2023 Gaming Legal Year in Review
Wilson Sonsini's The Scramble: 2023 Gaming Legal Year in Review provides an overview of the gaming industry and legal highlights from 2023. The report underscores the significant influence of artificial intelligence (AI) in the gaming realm in 2023 and anticipates further substantial impacts. The Scramble also features a collection of EGG’s industry-leading publications from the last year.
Client Highlights
3.13.24
Wilson Sonsini Advises Bear Robotics on $60 Million Investment from LG
On March 11, 2024, LG announced a $60 million investment in Bear Robotics, a Silicon Valley-based start-up specializing in AI-driven autonomous service robots. Bear was founded in 2017 by John Ha, a former Google software engineer-turned-restaurateur. The start-up operates its indoor delivery robots in the U.S., South Korea, and Japan.
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.