Peter Werner

Lawyer at @CooleyLLP to high growth companies and their investors. @FullCircleFund and @ImagineH2O bd member. @Muckerlab mentor. Father of two Ewoks. Netminder.

[Mehul @mehul]

Announcing $60M for @maticrobots.

We didn't ask "What's the most impressive robot we can demo?"

We asked "What's the most useful robot we can ship? What comes after Roomba?"

Customers answered with their wallets: It's Matic.

[Peter Werner @phwerner]

The @K2SpaceCo story is a great one. Kudos to @KaranKunjur and @neelkunjur! cc @CooleyLLP

[Karan Kunjur @KaranKunjur]

Three and a half years ago, @neelkunjur and I decided to go from being Brothers, to being Co-Founders. Today, we’re excited to announce that @K2SpaceCo has raised a $250M Series C at a $3B valuation. This round comes on the heels of $500M in signed contracts across commercial and US Government customers.

Our Series C is being led by @Redpoint, with participation from @TRowePrice, Hedosophia, @AltimeterCap, @lightspeedvp, Alpine Space Ventures and many others.

We’re fortunate to be building at a unique time - launch vehicles are getting larger and the frequency of launch is increasing. When it comes to satellites, it’s now possible to Build Bigger, and we intend to be on the vanguard of doing just that.

Building Bigger allows us to deliver a step change in power (20kW today, 100kW tomorrow), reliability, and redundancy. Our satellites are designed to deliver the maximum amount of capability wherever that capability is needed (LEO, MEO, GEO, cislunar space and beyond).

Coming up next - 20kW satellite launch early 2026, three satellites launched early 2027, and many more to come after that as we scale up production in our 180k sq ft factory in Torrance, CA. We’re looking forward to sharing more on our progress over the coming months and years.

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[Peter Werner @phwerner]

So fun to watch as @HadrianInc continues the build a model for the great American factory. @2112Power and team are the best. cc @CooleyLLP

[Chris Power @2112Power]

Hadrian is announcing a $260m Series C lead by @foundersfund + @Lux_Capital + @MorganStanley for (Factory Expansion financing). We're also welcoming new investors @altimeter, @1789Capital + investments from existing investors @a16z, @constructcap, @137ventures and many others.

This capital will be deployed to help our customers and the DOD manufacture faster, at scale, and onshore with @HadrianInc - creating millions of new, advanced manufacturing jobs over the coming decade.

We're announcing:

Factory 3 (4x the scale of Factory 2 for machining) in Arizona, online by Christmas 2025;

Factories as a Service for parts, assemblies and products driven by DOD and Customer demand, and our entry into Welding, Casting, Additive and other manufacturing domains.

Dedicated divisions for Maritime and Munitions to meet the scale and speed needed to reclaim our birthright as the industrial superpower of the world;

And... 500k sqft of new R&D and HQ Space to enable rapid capability expansion.

[Peter Werner @phwerner]

I'm looking forward to the ride with @ml_angelopoulos, @infwinston and the @lmarena_ai team! cc @CooleyLLP

[Arena.ai @arena]

📢We’re excited to share that we’ve raised $100M in seed funding to support LMArena and continue our research on reliable AI. Led by @a16z and UC Investments (@UofCalifornia), we're proud to have the support of those that believe in both the science and the mission.

We’re focused on building a neutral, open, community-driven platform that helps the world understand and improve the performance of AI models on real queries from real users.

Also, big news is coming next week!👀

We're relaunching LMArena with a whole new look built directly with community feedback from the ground up 🧱 Link in thread.

[Peter Werner @phwerner]

Here we go! @Pavel_Asparagus, @Jeffrey_Morelli and @sagarjajoo are just getting going.

[Pavel Asparouhov @Pavel_Asparagus]

After 19 months of building quietly, today Silna—the company I cofounded w @Jeffrey_Morelli and @sagarjajoo—is emerging with $27M in funding from Accel+Bain Capital

Our platform is already enabling tens of thousands of patients to access critical care

Here's how we got here ⬇️

[Peter Werner @phwerner]

Well this doesn't get any less cool each time it happens.

[Varda Space Industries @VardaSpace]

We can confirm that at 6:32 AM PT the W-2 capsule landed safely at the Koonibba Test Range, operated by @SouthernLaunch, becoming the first-ever commercial spacecraft to reenter on Australian soil.

[Oski’s Drinking Straw @Oskisstraw]

@Cal_IceHockey Sounds like you guys are gonna be busy during the big give!

[Peter Werner @phwerner]

@johnbuilds @jeff_weinstein @atlas @CooleyLLP Some clients are asking about it, few are actually forming anywhere but Delaware. We've recently put a Nevada incorporation package on Cooley GO (https://t.co/1380akwVTZ) , and are interested to monitor usage stats after a few months.

[Peter Werner @phwerner]

@or_benoz @jeff_weinstein @atlas @CooleyLLP We see you @or_benoz, and we appreciate you. 🤓

[Jeff Weinstein @jeff_weinstein]

It's official! Stripe @Atlas is partnering with @CooleyLLP for incorporation documents — the standard way to make a startup just got even more standard. 💼

We are thrilled to bring Cooley's legal excellence to founders worldwide. (This partnership has been years in the making.)

[Peter Werner @phwerner]

🤝This collaboration with @atlas is reflective of our deep devotion to the startup ecosystem. Huge thanks to @jeff_weinstein for the original vision. We're very excited about the continued evolution of Stripe Atlas, and the real, practical value that it can provide to startups.

[Stripe Atlas @atlas]

Atlas startups now receive incorporation documents developed in collaboration with leading law firm @CooleyLLP. 🤝 https://t.co/GuNL1d9UdQ

[Peter Werner @phwerner]

Go Bears! @Cal_IceHockey is on an absolute heater this season, and just got featured in @SInow! https://t.co/SlxM01j5zD

[Peter Werner @phwerner]

@NFLonFOX

[Peter Werner @phwerner]

@fishmanaf @CalFootball Amazing.

[Peter Werner @phwerner]

In 25 years as a @CalFootball fan I can comfortably say that yesterday was the most Cal Football day of my Cal Football life. But at least we all now have the #Calgorithm to keep us warm at night.

[Peter Werner @phwerner]

@mikwu @CooleyLLP Thank you my friend!

[Peter Werner @phwerner]

Celebrating 10 years of #CooleyGO, the go-to resource for startups from @CooleyLLP ! I'm particularly excited about our new "collections" feature, which bundles articles, documents and other resources focused on a single subject (e.g. AI or ESG). Dive in!

https://t.co/p4pEjc6Y0k

[Peter Werner @phwerner]

Here's @CooleyLLP's Q4 VC report. Lower deal count and $$. Struggles at all stages, particularly teams that raised at inflated prices and that are now doing "fine but not great." Optimism at the earliest stages, with quality teams raising $$. https://t.co/n6BTQGoPU0

[Peter Werner @phwerner]

I had fun with this great crew of entrepreneurs, and the @Redpoint team was awesome.

[Redpoint @Redpoint]

Some pics from our recent Legal AI dinner with @CooleyLLP that brought together legaltech leaders with founders! Special thanks to our panelists @phwerner, @MeganPHMa, and @tweetatpablo for a great discussion on buyer and builder perspectives.

[Peter Werner @phwerner]

Our latest private company financing report is out. More deals, more dollars, more down rounds.

[Cooley LLP @CooleyLLP]

Cooley's Q3 2023 Venture Financing Report is out now. Deal count and invested capital increased slightly this quarter, while the percentage of down rounds continued to rise to new levels.

View the full report on #CooleyGO here: https://t.co/OZL5hNzel7