Fenwick Represents Deeptune in Acquisition by Mercor

Fenwick represented Deeptune, a company building environments for reinforcement learning, in its acquisition by Mercor, a developer of an artificial intelligence-powered hiring platform designed to streamline the hiring process for both candidates and companies.

Earlier this year, Andreessen Horowitz led Deeptune's $43 million Series A financing. According to Mercor, the acquisition will combine Deeptune's software platform with Mercor's network of more than five million experts to accelerate the development of training environments for frontier AI models. More information can be obtained from the news announcement.

The Fenwick transaction team included corporate partners Joshua Geffon and Stephen Fisher, associates Kathleen Larkin, Alexej Ladonnikov and Steve Krafcik and law clerk Andrew Silverstein; technology transactions partner Julia Arruda, associate Taylor Muentener and advisor Sandra Weustink; executive compensation and employee benefits partner Nancy Chen and associates Christophe Delrieu and Nathan Pope; privacy and cybersecurity partner Ana Razmazma and associate Kayla Tanaka; antitrust and competition partner Steve Albertson and associate Vaibs Srikaran; and tax partner William Skinner and associate Kris Hatch.