Fenwick represented Physna, an industry leader in geometric deep-learning technology, in its $56 million financing, which was led by Tiger Global with participation from GV and Sequoia Capital. The financing comes just five months after the company raised a $20 million Series B round.
The financing will be used to scale and develop Physna’s geometric deep-learning platform, as well as its free public geometric search engine, Thangs (thangs.com). With this round, Physna’s total financing is more than $86 million. More information can be obtained from Physna’s announcement.
The Fenwick transaction team included corporate partners Andrew Albertson and Katherine Duncan and associate Megan Svedman.