Sustainability and ESG Advisory Practice Update, October 2023
We are pleased to share the October 2023 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental, social, and governance (ESG) matters relevant to public and private companies internationally.
Wilson Sonsini Recognized in The Legal 500 UK Solicitors 2024 Guide
On October 4, 2023, The Legal 500 published its UK Solicitors guide, which ranks leading lawyers and law firms across the United Kingdom. Wilson Sonsini Goodrich & Rosati is recognized as a top law firm in the UK for venture capital.
Sustainability and ESG Advisory Practice Update, September 2023
We are pleased to share the September 2023 issue of Wilson Sonsini’s Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental, social, and governance (ESG) matters relevant to public and private companies internationally.
2023 Mid-Year Technology and Life Sciences PIPE and RDO Report
We present analysis related to 87 private investments in public equity (PIPEs) and registered direct offerings (RDOs) by U.S.-based technology and life sciences companies between January 1 and June 30, 2023. The report is limited to transactions in which the company raised at least $10 million and had at least one closing in the first half of 2023.
Wilson Sonsini’s U.S. Expansion Practice Praised by Paddle GC in Interview with The Lawyer
In a recent UK interview with The Lawyer, Maryam Ziarati McLoughlin, the general counsel of Wilson Sonsini client Paddle, spoke extensively about her journey from private practice to her in-house role with the leading payments infrastructure provider. She describes being drawn in by the business and its potential for "huge growth," recalling that co-founder Harrison Rose had told her, "If you don't like change, this place will give you whiplash!"
Wilson Sonsini Advises Enable on Oversusbscribed $94 Million Series C
On October 18, 2022, Enable, a SaaS platform that helps B2B companies manage their incentive and rebate programs, announced it raised $94 million in an oversubscribed Series C round led by Insight Partners with participation from Lightspeed Venture Partners, HarbourVest Partners, SE Ventures, and PSP Growth. Bringing Enable’s total capital raised to $156 million since 2020, the proceeds will be put toward increasing headcount and expanding to new markets, particularly Europe, CEO Andrew Butt said.
Wilson Sonsini Advises Multiverse on $220 Million Series D Funding
On June 8, 2022, Multiverse, a UK start-up that works with organizations to develop apprenticeships and helps source promising, diverse candidates to fill those roles, announced it has raised $220 million in its Series D funding round. The financing was co-led by StepStone Group, and returning investors Lightspeed Venture Partners and General Catalyst. The round brings Multiverse's total funding to date to over $400 million. Wilson Sonsini Goodrich & Rosati advised Multiverse on the transaction.
The Entrepreneurs Report - Q3 2021
In this latest issue of The Entrepreneurs Report, we’ve compiled a range of data on venture financing transactions in which the firm was involved during Q3 2021, with the objective of identifying relevant trends in activity and valuation levels for the U.S. venture capital industry in general. This edition also highlights the firm’s partnership with Morgan Stanley at Work to integrate Shareworks into Neuron; our recent announcement about a new Salt Lake City office; and data from Beauhurst—a searchable database of the UK's high-growth companies—on UK equity investment in Q3 2021.
Wilson Sonsini Advises Multiverse on $130 Million Series C Funding
On September 28, 2021, Multiverse, a UK start-up that works with organizations to develop apprenticeships and helps source promising, diverse candidates to fill those roles, announced a $130 million Series C funding led by D1 Capital Partners and BOND.
The proceeds from the new funding will enable Multiverse to continue to drive growth and adoption across the U.S. and UK, ensuring that it is reaching talented individuals from a range of backgrounds while working with the top companies and delivering outstanding education. The company has grown nearly four times its size in one year and now has a community of over 5,000 apprentices and alumni. Earlier in September, Multiverse opened its U.S. headquarters in New York, six months after launching in the United States.
We are pleased to present the 1H 2021 edition of The Entrepreneurs Report, which features a range of data on venture financing transactions in which the firm was involved during the first half of 2021. This latest issue also includes a feature on the recent launch of Neuron and data from Beauhurst on UK equity investment in Q2 2021.
Wilson Sonsini Advises Dija on Acquisition by Gopuff
On August 11, 2021, Gopuff, the go-to solution for immediate everyday needs, announced that it has signed a definitive agreement to acquire Dija, a leading European delivery platform providing consumers daily essentials in minutes. Wilson Sonsini Goodrich & Rosati advised Dija on the transaction in collaboration with Taylor Wessing, which served as UK counsel on the transaction.
Following Gopuff’s recent acquisition of UK-based Fancy—a transaction in which Wilson Sonsini advised Fancy—this latest deal is expected to accelerate Gopuff’s international expansion by establishing an immediate presence in France and Spain and providing further densification in the UK. Through the acquisitions of Dija and Fancy, Gopuff plans to operate in three European countries with about 40 micro-fulfillment centers and 200 employees in the region, with additional plans for continued, rapid expansion. In June 2021, Gopuff also announced its acquisition of San Francisco-based rideOS, a start-up that builds cutting-edge proprietary technology for advanced routing, on-demand dispatch, and fleet optimization for the fast-growing delivery and logistics industries; Wilson Sonsini advised rideOS in that transaction.
Founded in 2020 by delivery industry leaders Alberto Menolascina and Yusuf Saban, Dija has continued to attract top talent across delivery, technology, logistics, and operations. Dija’s experienced team of leaders has powered rapid expansion across the region: today, Dija operates dozens of micro-fulfillment centers across major metropolitan areas including London, Paris, Madrid, Valencia, and more. Following the close of Gopuff’s acquisition of Dija, which is expected within 30 days, Dija will continue to operate under the Dija name in the near term, as the two companies create an integration plan to enhance the customer experience across Europe and the UK.
Firm Represents Leo Cancer Care in $25.3 Million Series B Financing
On July 20, 2021, Leo Cancer Care, an innovative start-up that is set to change the face of radiation therapy forever, announced that it recently completed a $25.3 million Series B fundraise. In addition to lead investor Pureland Global Venture, the largest investors in the round included Yu Galaxy, WARF, Alumni Ventures, Junson Capital, and Serra Ventures, as well as industry leaders CHC, Toret Devices, and Radiation Business Solutions. Wilson Sonsini Goodrich & Rosati advised Leo Cancer Care on the transaction.
The proceeds from the Series B will support Leo Cancer Care as it continues to develop its state-of-the-art upright radiotherapy solutions, which offer significant improvements to clinical effectiveness and patient experience. The company, which is based in Horley, United Kingdom, and Middleton, Wisconsin, also plans to expand its teams in the United States, Europe, and Singapore.