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Latham & Watkins Advises NVIDIA on Investment in Runway
July 29, 2023
Firm represented the global technology company on its investment in the AI research company.
Runway, an applied AI research company building the next generation of creative tools, has announced it has raised a US$141 million extension to its Series C from Google, NVIDIA, Salesforce Ventures, and existing investors, among others. The company will leverage this new financing to further scale in-house research efforts, expand its world-class team, and continue to bring state-of-the-art multi-modal AI systems to market, while building groundbreaking and intuitive product experiences.
Latham & Watkins LLP advised NVIDIA with a corporate deal team led by Bay Area partner Saad Khanani.