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Lightning AI Closes $50 Million Equity Investment

November 21, 2024

Cooley advised Lightning AI on its $50 million equity investment. Partner Derek Colla led the Cooley team advising Lightning AI, a company that simplifies and accelerates artificial intelligence development by providing a unified platform for training, deploying and scaling it.

Related contacts

Derek Colla
Partner, Miami
Asheley Walker
Associate, Washington, DC
Leo Metz
Associate
Delina Mesfin
Associate

Related Practices & Industries

2024 11 21 Lightning AI Raises 50 Million

November 21, 2024

Cooley advised Lightning AI, creator of the PyTorch Lightning framework, on its $50 million equity investment from Cisco Investments, J.P. Morgan, K5 Global and NVIDIA, bringing its total funding to $103 million.

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Related contacts

Derek Colla
Partner, Miami
Asheley Walker
Associate, Washington, DC
Leo Metz
Associate
Delina Mesfin
Associate
Christopher Kimball
Partner, Washington, DC
Kevin King
Partner, Washington, DC
Jeffrey J. Tolin
Partner, New York
Rebecca Ross
Special Counsel, Washington, DC
Barry Kuang
Associate, Boston
Calvin Lee
Associate, New York
Heather McShea
Associate, Washington, DC
Sarah Oliai
Associate, Washington, DC
Brandon Lefebvre
Quantitative Analyst, Boston

Related Practices & Industries

Pie Insurance Announces $315 Million Series D Funding Round

February 1, 2023

Cooley advised Pie Insurance, an insurtech company focused on providing workers’ compensation insurance for small businesses, on its $315 million Series D financing round, which brings the company’s total equity funding raised to more than $615 million.

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Related contacts

Derek Colla
Partner, Miami
Eileen Marshall
Partner, Washington, DC
Asheley Walker
Associate, Washington, DC
David Safren
Associate, Miami
Katherine King
Associate, Washington, DC
Megan Browdie
Partner, Washington, DC
Karen Tsai
Special Counsel, Washington, DC
Rubin Waranch
Associate, Colorado
Grigor Lynch
Associate, Colorado
Izzy Lubarsky
Partner, New York

Climate Tech Startup Arcadia Raises $125 Million in Funding

February 1, 2023

Cooley advised Arcadia, a technology company empowering energy innovators to fight the climate crisis, on its $125 million in new funding.

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Related contacts

Derek Colla
Partner, Miami
Michael Tollini
Partner, Washington, DC
Asheley Walker
Associate, Washington, DC
Greg Reith
Associate, Washington, DC
Dennis F. Craig II
Associate, Washington, DC
Katherine King
Associate, Washington, DC
Stephanie Gentile
Partner, New York

Climate Tech Startup Arcadia Raises $200 Million

May 12, 2022

Cooley advised Arcadia, a technology company empowering energy innovators to fight the climate crisis, on its $200 million funding round, which values the startup at roughly $1.5 billion. Lawyers Derek Colla and Asheley Walker led the Cooley team advising Arcadia.

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Related contacts

Derek Colla
Partner, Miami
Asheley Walker
Associate, Washington, DC
Katherine King
Associate, Washington, DC
Dennis F. Craig II
Associate, Washington, DC
Grigor Lynch
Associate, Colorado
Nicollette R. Kirby
Associate, Washington, DC
Xander Lee
Partner, Santa Monica
Megan Browdie
Partner, Washington, DC
Amanda Pacheco
Associate, Palo Alto
Stephanie Gentile
Partner, New York

Related Practices & Industries

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