Fenwick represented Cathay Innovation, a multi-stage venture capital firm, in leading a $28 million Series B funding of Range, an all-in-one AI WealthTech platform. The round also included participation from Gradient Ventures.
Range will use the funds to accelerate product development and scale its engineering teams to enhance its AI-powered platform. More information can be obtained from the company announcement.
The Fenwick transaction team was led by corporate partners Michael Brown and Ari Haber and included associate Sam Millang and tech transactions associate Ellis Liang.