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by Legal Desire
24 January 2026

Latham Advises TCV on Pennylane’s €175 Million Funding Round

Advising firms

Deal team

3 lawyers named
LawyerFirmSeniorityPracticeOffice
Pierre-Louis Cléro Lead Latham & Watkins LLP Partner corporate Paris
Raphaël Darmon Latham & Watkins LLP Counsel Not stated Not stated
Alexandre de Puysegur Latham & Watkins LLP Associate Not stated Not stated

Stated terms

Stated value
EUR 175m (€175 million)
What the figure measures
Fund size
Client
TCVInvestor
Counterparties
Pennylane (Other)
Blackstone (Investor)
Sequoia (Investor)
DST (Investor)
CapitalG (Investor)
Meritech (Investor)