Fenwick Represents Kinnevik AB in Leading Common’s $50 Million Series D Funding Round

Fenwick represented Kinnevik AB in leading Common’s $50 million Series D funding round. Existing investors including Norwest Venture Partners, 8VC and Maveron also participated in the round.

Common is a leading residential brand that designs, leases and manages multifamily properties that appeal to today’s renters. With proven institutional partnerships and over 17,600 residential units under development in 26 global cities, Common will continue to grow its multifamily operating platform and family of brands with new funding and a trusted, long-term oriented partner in Kinnevik. Kinnevik is an industry-focused investment company that partners with founders and management teams to build businesses that use disruptive technology to address material, everyday consumer needs. More information about the financing can be obtained from Common’s announcement.

The Fenwick transaction team included corporate partner Ian Goldstein, associates Eugene Karlik and Jennifer Wu and law clerk Sullivan Berthier.