Sale Kwon

Cooley represented Higgsfield in its $400 million Series B financing at a $5.4 billion valuation. The round was led by DST Global, with participation from Tribe Capital, Growth Equity at Goldman Sachs Alternatives, Smash Capital, Fifth Wall, Valor Capital, Intel Capital, Liberty Global Tech Ventures, Mirae Asset Capital and NTT DOCOMO Ventures. Existing investors, including Accel, Menlo Ventures and GFT Ventures, also participated. Higgsfield is an AI video platform and plans to use the proceeds to fund research and development, expand global infrastructure, hire AI talent and scale its sales operations.

Partner Sale Kwon led the Cooley team, which also included Reza Safai, Andrew Mettry, Alice Wu, Christopher Kimball and Rebecca Ross.

Cooley represented Augustus in its $180 million Series B financing at a $1 billion valuation. The round was led by Tiger Global, with participation from Hummingbird, QED, and the founders of Nubank, Ramp, Circle, and Deel. Augustus is building the Global Dollar Bank, providing international fintechs and banks with direct access to dollar accounts and payment rails through a modern, federally chartered bank. The company plans to use the new capital to continue to serve financial institutions across Latin America, Southeast Asia, the Middle East, and Africa.

Partner Sale Kwon led the Cooley team, which also included Yichen Liu, Rachel Lydon, Alison Tong, Emily Liu, and Tim Shapiro.

Cooley represented Naver Ventures in co-leading TwelveLabs’ $100 million Series B financing round alongside NEA, with participation from Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital and Red Bull Ventures. Partner Sale Kwon led the Cooley team advising Naver Ventures, the corporate venture capital arm of Naver Corporation which backs the founders building AI, robotics and fintech into the infrastructure of what comes next. TwelveLabs is a leading video intelligence company developing multimodal AI systems that enable machines to perceive, understand and reason about video content.

Cooley represented Radical Numerics in its $50 million seed financing round led by Emergence Capital, with participation from Obvious Ventures, Triatomic Capital, Factory, and First Spark Ventures. Sale Kwon led the Cooley team advising Radical Numerics, an AI research lab building general biological intelligence: AI that can read, write and design across all of biology.

Cooley secured a victory from the US Court of Appeals for the Federal Circuit for its client EOFlow, a medical device company specializing in wearable and disposable drug delivery systems, overturning a $452 million trade secrets jury verdict (later reduced to $59.4 million) and a permanent worldwide injunction. The Cooley team representing EOFlow was led by partners Elizabeth Prelogar, Michael Sheetz, Betsy Flanagan, John Bostic, Lowell Mead, Reuben Chen, Alexandra Mayhugh and Sale Kwon.

The case is Insulet Corp. v. EO Flow, Co. Ltd., US Court of Appeals for the Federal Circuit (No. 25-1807).