Fenwick Represents Darkhive in $21M Series A Funding

Fenwick represented Darkhive, a defense tech startup focused on open architecture Uncrewed Aircraft Systems (UAS) integrated with a secure software delivery system, in its $21 million Series A funding. The round was led by Ten Eleven Ventures with participation from Crosslink Capital, RTX Ventures, and Stellar Ventures.

Darkhive will use the funds to develop its product portfolio, expand its resources to support secured DoD contracts, and pursue new business opportunities. The funds will also be used to distribute its life-saving ecosystem to more teams in the field, ensuring they obtain the equipment needed to properly support their crews. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partner Sarah Chambless and included associates Patrick White, Alexej Ladonnikov, and Olga Baranoff.