Peak AI’s $75 Million Series C Financing

In UK White & Case, advised on the matter.

White & Case advised SoftBank Vision Fund II with a team including Tim Hickman (Commercial Law), Marc Israel (Competition Law), Daniel Turgel (Picture – Corporate M&A), Nicholas Greenacre (Executive Compensation), Helen Joseph (Executive Compensation).

Artificial Intelligence (AI) company Peak has raised a $75 million Series C funding round led by new investor SoftBank Vision Fund 2, with participation from all existing investors, including MMC Ventures, Oxx, Praetura Ventures, Arete and Octopus Ventures. This brings Peak’s total funding raised to date to $119 million.

Peak is a developer of AI software that helps companies in the retail, consumer and manufacturing spaces with their decision making processes. Peak’s Decision Intelligence software embeds AI across sales, marketing, planning, and supply chains, allowing its clients to grow sales, optimize inventories and streamline their supply chains. 

The White & Case team which advised on the transaction was led by partner Dan Turgel (Picture) and associate Helen Pantelides (both London), with support from partners Marc Israel, Nicholas Greenacre, Tim Hickman, Helen Joseph (all London), Karalyn Mildorf and Farhad Jalinous (both Washington, DC), and associates Irina Kozlova (London), Anna Dold (Frankfurt), Nick Crawford, Francis Brown, Joe Devine, Francesca MacSwiney and Luc Rosenberg (all London).

Involved fees earner: Nick Crawford – White & Case; Joe Devine – White & Case; Anna Dold – White & Case; Nicholas Greenacre – White & Case; Tim Hickman – White & Case; Marc Israel – White & Case; Farhad Jalinous – White & Case; Helen Joseph – White & Case; Irina Kozlova – White & Case; Francesca MacSwiney – White & Case; Karalyn Mildorf – White & Case; Helen Pantelides – White & Case; Luc Rosenberg – White & Case; Daniel Turgel – White & Case;

Law Firms: White & Case;

Clients: SoftBank Vision Fund II;

Author: Giulia Di Palma