DLA Piper advises Andreessen Horowitz on USD50 million investment in Endra
Global law firm DLA Piper has advised leading venture capital firm Andreessen Horowitz (a16z) on its role as lead investor in Endra’s USD 50 million Series A financing round, with additional participation from Notion Capital and Norrsken VC. a16z is a leading venture capital firm with over USD 100 billion under management across different funds.
Endra is an AI-driven platform that generates and streamlines the design of mechanical, electrical, and plumbing systems in buildings, replacing manual, repetitive engineering work with rule-based optimization. Its platform integrates with building design tools to quickly generate compliant system designs, dramatically reducing time and effort for engineers.
For further information regarding the investment, please refer to the press release.
A cross-border team from DLA Piper's Sweden and US offices worked on the transaction.