Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Wilson Sonsini reports mandate on Ravel’s $8.2 million seed round
Wilson Sonsini announced that it had advised textile-recycling technology company Ravel on an $8.2 million seed funding round led by One Small Planet. The firm said the financing had closed and would support work toward commercial readiness for the company’s textile-to-textile material recovery technology.
Key points
- Wilson Sonsini listed AP Ventures, Overlay Capital and Lichen Ventures as participating investors.Wilson Sonsini Goodrich & Rosati
- The firm said existing investors At One Ventures, Collateral Good and Betterway Ventures also participated.Wilson Sonsini Goodrich & Rosati
- Wilson Sonsini named Scott Zimmermann and Matthew Quadrini on its team.Wilson Sonsini Goodrich & Rosati
- The announcement also identified Jessica Remlinger as an adviser.Wilson Sonsini Goodrich & Rosati