Fenwick Represents Relativity Space in $500 Million Series D Financing
Fenwick represented Relativity Space, a company 3D printing an entire rocket and building the largest metal 3D printers in the world, in its $500 million Series D financing.
The round was led by Tiger Global Management with participation from new investors Fidelity Management & Research Company LLC, Baillie Gifford, ICONIQ Capital, General Catalyst, XN, Senator Investment Group and Elad Gil. Existing investors participating in the round include BOND, Tribe Capital, 3L, Playground Global, Mark Cuban, Spencer Rascoff, and Allen & Company LLC, among others.
The financing will enable Relativity to accelerate its planned initiatives, including its factory of the future, launch vehicle development, and 3D printing technologies. More information can be obtained from the company’s announcement.
The Fenwick transaction team included corporate partner Michael Brown, partner-elect Morgan Sawchuk, associates Taimur Case and Evan McCormick, and law clerk Danielle Coleman.