Latham & Watkins Advises Arago in Seed Funding Round

Arago has announced it has raised US$26 million in seed funding, to lead the shift to light-based computing. This round was co-led by Earlybird Venture Capital, Protagonist, and Visionaries Tomorrow, with strong support from deeptech and semiconductor investors, AI specialists, and exited founders. They are joined by GenerativeIQ, C4 Ventures, Acequia Capital, Bertrand Serlet (former VP at Apple, co-founder of Fungible), Christophe Frey (GM at Arm), Olivier Pomel (co-founder of Datadog), and Thomas Wolf (co-founder of Hugging Face).

Latham & Watkins LLP represents Arago in the transaction with an Emerging Companies & Growth team led by Boston partner Dan Hoffman, with associates Erik Thompson and Jessica Allali. Advice was also provided on CFIUS matters by Washington, D.C. counsel Catherine Hein, with associate Christine Kalpin; and on French corporate and tax matters by Paris partners Simon Lange and Olivia Rauch-Ravise, with associate Hugo Matricon.