Fenwick Represents Mainspring in over $150 Million Series E Financing

By: Dawn Belt, Morgan Sawchuk, Tracy Kennberg, Joon Hwan Kim, Meghan Bell, Karin Hjorth, Christina Scully, Mark S. Ostrau

Fenwick represented Mainspring, an onsite power generation provider, in its over $150 million Series E financing. The round was led by Lightrock with participation from Khosla Ventures, Bill Gates, Fine Structure Ventures, Princeville Capital and Lineage Ventures.

Mainspring will use the new capital to develop new linear generator models and to accelerate the commercial, industrial, datacenter and utility adoption of Mainspring Linear Generators producing zero-carbon electricity. More information can be obtained from the company's announcement.

The Fenwick transaction team was led by corporate partners Dawn Belt and Morgan Sawchuk and included associates Tracy Kennberg, Joon Hwan Kim, Meghan Bell, Karin Hjorth and Christina Scully; and antitrust and trade regulation partner Mark Ostrau.

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