Fenwick Represents Lightspeed Venture Partners in Castelion’s $350M Series B Financing

Fenwick represented lead investor Lightspeed Venture Partners, a multi-stage venture capital firm, in Castelion’s $350 million Series B financing. The round was co-led by Altimeter Capital, with participation from Lavrock Ventures, Andreessen Horowitz, General Catalyst, First In, Space VC, Cantos, BlueYard, Avenir, Champion Hill, and Interlagos.

Castelion, a cutting-edge defense technology company working to restore America’s conventional deterrence capability, will use the funds to expand manufacturing and workforce development across the United States. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partners Michael Brown and Aaron Ginsburg and included associates Teresa Anselmo and Josh Ellis; technology transactions partner Joseph Schenck and associate Joanne Dynak; privacy counsel Melanie Jolson; regulatory partner Mark Ostrau and associates Andrew Martinez and Sofia Chalat; and anti-trust partner Tom Ensign and counsel Meredith Mommers.