Fenwick & West represented Bolt Threads Inc., an American-based biotechnology company creating high performance fabrics, in its $50 million Series C financing. Current investor Formation 8 led the latest round, along with new investors including Nan Fung, a business conglomerate based in Hong Kong, and Innovation Endeavors. Existing investors, including Alafi Capital, East West Capital, Foundation Capital and Founders Fund also participated.
More information about Bolt Threads’ $50 Million Series C Financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Lynda Twomey and Brian Oh.