News & Insights

Gunderson Dettmer represented client Glacier, an AI recycling robotics company, in its emergence from stealth mode and its announcement of a $4.5 million Series Seed financing led by New Enterprise Associates. http://www.endwaste.io/

Department of Treasury Releases Updated Paycheck Protection Program Fact Sheet and Loan Application; SBA Publishes Interim Final Rule on Paycheck Protection Program

Yesterday, the U.S. Department of the Treasury released an updated application for small business loans under the new $349 billion Paycheck Protection Program (“PPP”), as well as an updated fact sheet reflecting an increase in the interest rate of the loans from 0.5% to 1.0%.

The Coronavirus Aid, Relief and Economic Security Act (the CARES Act) was signed into law on March 27, 2020. Included in this economic stabilization package are several business tax related provisions, including:

• A payroll tax credit for employers affected by the coronavirus (COVID-19) pandemic;
• A payroll tax deferral for all employers for the rest of 2020;
• An expansion of the use of net operating losses;
• An acceleration of refunds for unused corporate alternative minimum tax (AMT) credits;
• A temporary increase on business interest deductions; and
• Bonus deprecation status for qualified improvement property.

Hims & Hers announces an upsized offering of $1 billion aggregate principal amount of 0.00% convertible senior notes due 2030

Premier home for top games on Roblox, Voldex, announces its Series B financing led by Raine Partners, its debt financing led by Shamrock Capital, and its acquisition of Brookhaven

Mexico-based online supermarket, Jüsto, announces its $70 million Equity and Debt financing

The 2026 Chambers and Partners USA Guide recognized Gunderson Dettmer as a leading law firm in ten departments, including Corporate/M&A, Employee Benefits & Executive Compensation, Private Equity, Startups & Emerging Companies, Technology, and Venture Capital.

Chambers and Partners recognized Gunderson Dettmer as a leading law firm in eight departments in its 2025 Chambers USA Guide

Pitchbook recognizes Gunderson Dettmer as the Most Active Venture Capital Law Firm in Latin America, in the 2024 Annual PitchBook Global League Tables