Fenwick Represents Arcade in $12M Series Seed Funding

Fenwick represented Arcade, an AI agent infrastructure startup, in its $12 million Series Seed funding. The round was led by Laude Ventures with participation from Flybridge Ventures, Hanabi Capital, Neotribe, and Andy Rachleff.

Arcade will use the funds to help progress the mission of developing AI agents that securely take real-world actions on behalf of a user. More information can be obtained from the news announcement.

The Fenwick transaction team was led by corporate partners Michael Esquivel and Fei Xu and included associates Sloka Tankala and Sammi Chen.