DLA Piper Advised Valhalla Ventures in Raising $66 Million Fund
DLA Piper Advised Valhalla Ventures in Raising $66 Million Fund
DLA Piper provided legal counsel to Valhalla Ventures (Valhalla), an emerging investment management firm specialising in deeptech and gaming, during the successful establishment of a $66 million venture capital fund.
The secured funds will enable Valhalla to make strategic investments in seed-stage companies operating within the realm of deeptech, encompassing domains like materials science, biology, space technology, and beyond. Additionally, Valhalla will allocate resources to gaming enterprises that prioritise immersive social experiences. Having already invested in 15 startups since the beginning of 2022, the firm is committed to further expanding its portfolio with new investments continuing until early 2025.
“Yoni Tuchman, Imri Eisner, and the entire DLA Piper team have been instrumental in guiding our firm to where it is today from fund formation to deals advisory. They’ve been invaluable counsel and most importantly, great human beings to work with,” said Rohan Pujara, one of Valhalla’s managing partners.
“It was a pleasure to work with Valhalla on this fundraise, which will provide the firm with sufficient capital to pursue investments in their target industries of gaming and deeptech,” said Yoni Tuchman, the DLA Piper partner who led the fund formation team.
Alongside Tuchman based in Los Angeles, the DLA Piper fund formation team comprised partner Aalok Virmani from Chicago, as well as associates David Pennant from Philadelphia and Michael Huseby from Seattle. Partner Imri Eisner, located in New York, represented Valhalla in its deal-related endeavours.
DLA Piper’s global investment funds division delivers a dynamic and comprehensive service to sponsors, fund managers, and institutional investors, bolstered by the firm's expansive international tax and regulatory networks. The team offers guidance across the entire spectrum of private investment funds, encompassing a wide array of significant investment strategies and covering every phase of a private investment fund's life cycle.
