News & Insights

Gunderson Dettmer represented long-time client BillionToOne, Inc. (Nasdaq: BLLN), a molecular diagnostics company on a mission to make powerful and accessible genetic tests available to all, in its initial public offering of 4.6 million shares of Class A common stock at a price to the public of $60 per share, generating approximately $273.1 billion in aggregate gross proceeds.

Aeva Technologies, a leader in next-generation sensing and perception systems, announces Apollo’s purchase of $100 million in aggregate principal amount of 4.375% convertible senior notes due 2032.

Leerink Partners and Goldman Sachs & Co. LLC served as representatives of the underwriters in the common stock offering of Arcus Biosciences (NYSE:RCUS), a clinical-stage, global biopharmaceutical company focused on creating best-in-class therapies.

Cephia announces its $4 million Series Seed financing led by Radiant Opto-Electronics Corporation (ROE) and co-led by Incharge Capital. 

Hi Ventures announces Ant International’s strategic investment in its portfolio company R2, a Latin American embedded finance platform

VeroSkills, the AI hiring platform focused on solving the $1 trillion blue-collar labor shortage crisis, announces its $5.3 million Series Seed financing led by Yonder Ventures, with participation from Circadian Ventures, Motivate Ventures, Colchuck and Tony Summerville, founder of Fleetio

Leading global online marketplace, OLX Group, announces its U$5 million investment in CredAluga, a Brazil-based fintech specializing in the real estate market

Frontier Growth led the investment in the $8 million Series A financing of PodPlay Technologies, the fast-growing vertical SaaS platform for participatory sports venues

Gunderson Dettmer represented client Prosus Ventures as an investor in its latest investment in Endowus, Asia’s leading independent wealth advisory and investment platform. This marks Prosus Ventures’ third investment in the company, underscoring its continued confidence in Endowus’ growth and mission.

Valor Capital Group co-leads in the R$125 million Series A financing of Brazilian fintech, Velotax, enabling the company to expand its AI credit platform and strengthen its financial-inclusion strategy across Brazil

Hims & Hers announces its investment in the $325 million private investment in public equity (PIPE) transaction for healthcare company GRAIL, whose mission is to detect cancer early when it can be cured

Ripple, the leading provider of digital asset infrastructure for financial institutions, announces its $1 billion acquisition of GTreasury, a global leader in treasury management systems

Basis Theory announces its $33 million Series B financing led by Costanoa Ventures, with participation from Stage 2 Capital and Moneta VC.

Sageview Capital announces its $40 million Series B financing of Green Cabbage, a global leader in procurement intelligence, fueling the company's international expansion and the continued launch of advanced multi-channel spend cubes, furthering its mission to redefine procurement intelligence

Ascenta Capital, a venture firm investing in multi-medicine development-stage biotechnology companies, announces the formation of its $325 million inaugural fund

Avenue Growth Partners leads the $12.7 million Series A financing of AI-powered property management system, Boom, putting the new capital towards international expansion, strengthening of go-to market presence and hiring in the engineering, data science and customer success areas

The world’s first audio data research lab, David AI,  announces its $50 million Series B financing led by Meritech with participation from NVIDIA, Alt Capital, First Round Capital, Amplify Partners and Y Combinator

Akua, a new payment Operating System for Emerging Markets, announces its $8.5 million Series Seed financing, bringing the total amount raised by the company to $13 million, just one year after completing its pre-seed round

TCG Crossover (TCGX), a healthcare investment firm, announces the formation of TCGX Fund III with $1.3 billion in capital commitments

AI-native ERP, DualEntry, announces its emergence from stealth mode and the announcement of its $90 million Series A financing, led by Lightspeed Venture Partners and Khosla Ventures with participation from Google Ventures, Contrary and Vesey Ventures