EnCharge Secures $100M Series B Funding Led by Tiger Global
Deal News | Mar 03, 2025 | Pillsbury Winthrop Shaw Pittman LLP
EnCharge AI successfully raised $100 million in a Series B funding round, led by renowned investment firm Tiger Global, supplemented with investments from other new and existing investors. The initiative will expedite the commercialization of EnCharge AI's innovative client computing-focused AI accelerator products expected to launch by 2025. Pillsbury Winthrop Shaw Pittman LLP played an instrumental role in this transaction, providing legal counsel through their accomplished team led by Emerging Companies & Venture Capital partner Stan Pierson. Other notable contributors included Corporate senior counsel Lisa Higa, associate Tess Beimler, and Regulatory partner Matthew Rabinowitz.
Sectors
- Private Equity & Venture Capital
- Technology
- Legal Services
Geography
- United States – EnCharge AI and the legal advisors involved are based in the United States, reflecting the geographic focus of the article.
Industry
- Private Equity & Venture Capital – The article highlights a Series B funding led by a major investment firm which is a common industry activity in Private Equity and Venture Capital.
- Technology – EnCharge AI operates within the technology sector, focusing on AI-enhanced computing solutions.
- Legal Services – The involvement of Pillsbury Winthrop Shaw Pittman LLP highlights the legal services sector's role in facilitating investment deals.
Financials
- 100 million USD – The total amount raised by EnCharge AI in their Series B funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EnCharge AI | Target | Company | A technology company specializing in AI computing solutions. |
| Tiger Global | Bidding Company | Company | An investment firm leading the Series B funding round. |
| Pillsbury Winthrop Shaw Pittman LLP | Legal Advisor | Company | The law firm advising EnCharge AI in the funding round. |
| Stan Pierson | Legal Advisor | Person | Partner at Pillsbury Winthrop Shaw Pittman LLP leading the deal team. |
| Lisa Higa | Legal Advisor | Person | Corporate senior counsel at Pillsbury involved in the transaction. |
| Tess Beimler | Legal Advisor | Person | Associate at Pillsbury supporting the transaction. |
| Matthew Rabinowitz | Legal Advisor | Person | Regulatory partner advising on the transaction. |