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by Legal Desire
24 April 2024

Latham & Watkins Advises Perplexity AI in US$62.7 Million Series C Funding Round

Advising firms

Deal team

5 lawyers named
LawyerFirmSeniorityPracticeOffice
Ben Potter Lead Latham & Watkins LLP Partner Emerging Companies and Growth Bay Area
Mike Podolny Lead Latham & Watkins LLP Partner Emerging Companies and Growth Bay Area
Justin Tzeng Latham & Watkins LLP Associate Emerging Companies and Growth Bay Area
Kayleigh Kuyon Latham & Watkins LLP Associate Emerging Companies and Growth Bay Area
Ghaith Mahmood Latham & Watkins LLP Partner intellectual property Los Angeles/Century City

Stated terms

Stated value
USD 62.7m (US$62.7 Million)
What the figure measures
Issue size
Client
Perplexity.AIIssuer
Counterparties
Daniel Gross (Investor)
Jeff Bezos (Investor)
NVIDIA (Investor)
Tobi Lutke (Investor)
Elad Gil (Investor)
Nat Friedman (Investor)
Naval Ravikant (Investor)
Andrej Karpathy (Investor)
IVP (Investor)
NEA (Investor)