DLA Piper advised Darkhive, a veteran-led aerospace and defense technology firm, on its US$30 million Series B financing.
The funding helps the company advance its US$49.7 million Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) contract with the Pentagon – APFIT’s largest award to date. RTX Ventures led the round.
“This financing is a pivotal step in Darkhive moving from breakthrough technology to real-world production and delivery,” said Sarah Chambless, the DLA Piper Partner who led the deal team. “It’s been rewarding to work with the company over multiple funding rounds, helping position them for success.”
In addition to Chambless (Los Angeles), the DLA Piper deal team included Partners Nicholas Klein and Jana del-Cerro (both Washington, DC) and Associates Melinda Banki and Jack Haimowitz (both Los Angeles).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
