Gunderson Dettmer Clients Invest in the $210M Series F Financing of Zetwerk

January 6, 2022Client News

Gunderson Dettmer represented client Greenoaks Capital as it led the $210 million Series F financing of Zetwerk, an India-based B2B manufacturing startup. Gunderson client Lightspeed Venture Partners also participated in the round. The new capital brings the company’s valuation to $2.7 billion and will enable Zetwerk to meet its fund requirements and grow internationally.

Zetwerk, which helps businesses convert designs for manufacturing tools into physical products, achieved unicorn status nearly five months ago. In the announcement of the transaction, co-founder and CEO of Zetwerk Amrit Acharya said, “The company is eyeing international expansion and exploring inorganic opportunities through acquisitions.”

The Gunderson deal teams were led by Steve Baglio and Jonathan Pentzien, and included David He, Kinnari Sahita and Binh Vong.

Greenoaks Capital
Lightspeed Venture Partners