Fenwick Represents Lightspeed Venture Partners in Helion’s $425M Series F Funding

Fenwick represented Lightspeed Venture Partners, a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise, consumer, health, and fintech sectors, in Helion’s $425 million Series F funding. The round included new investors Lightspeed Venture Partners, SoftBank Vision Fund 2, and a major university endowment, with participation from existing investors Sam Altman, Mithril Capital, Capricorn Investment Group, Dustin Moskovitz through Good Ventures Foundation, and Nucor.

Helion, a fusion energy company, will use the funds to accelerate their path to commercialized fusion power. Helion will radically scale their manufacturing in the U.S. – enabling them to build capacitors, magnets, and semiconductors much faster. More information can be obtained from Helion’s announcement.

The Fenwick transaction team was led by corporate partner Will Black and included associate John Clancy.