Everstar Secures $4 Million in Pre-Seed Funding for AI Platform Gordian
Deal News | Feb 20, 2025 | Pillsbury Winthrop Shaw Pittman LLP
Everstar has raised $4 million in a pre-seed funding round to accelerate the development and expansion of its flagship AI platform, Gordian. This round was led by Third Prime VC, with additional contributions from Pelican Energy Partners, Generational Partners and others. The funding is intended to further enhance Gordian's capabilities in revolutionizing nuclear licensing and regulatory compliance through advanced artificial intelligence while maintaining safety standards. Pillsbury Winthrop Shaw Pittman LLP advised on the deal, with a team comprising Ron Fleming, Elina Teplinsky, Matthew Rabinowitz, and others. Elina Teplinsky also serves as a strategic advisor to Everstar.
Sectors
- Artificial Intelligence
- Nuclear Energy
- Venture Capital
Geography
- United States – The mentioned firms such as Everstar and Pillsbury Winthrop Shaw Pittman LLP are based in the United States, highlighting its relevance.
Industry
- Artificial Intelligence – The article discusses Everstar's development of its AI platform, Gordian, aiming to revolutionize nuclear licensing and regulatory compliance.
- Nuclear Energy – Gordian, the AI platform, targets nuclear licensing and regulatory compliance, which directly pertains to the nuclear energy sector.
- Venture Capital – The article centers on a pre-seed funding round led by Third Prime VC, indicative of the venture capital industry.
Financials
- $4 million – The amount raised by Everstar in the pre-seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Everstar | Target Company | Company | Everstar is the recipient of the pre-seed funding, developing the AI platform Gordian. |
| Third Prime VC | Venture Capital Firm | Company | Lead investor in the pre-seed funding round for Everstar. |
| Pillsbury Winthrop Shaw Pittman LLP | Legal Advisor | Company | Provided legal advisory for Everstar's funding round. |
| Pelican Energy Partners | Investor | Company | Participated in the funding round for Everstar. |
| EXCEL Services | Investor | Company | Participated in the funding round for Everstar. |
| Virta Ventures | Investor | Company | Participated in the funding round for Everstar. |
| Generational Partners | Investor | Company | Participated in the funding round for Everstar. |
| Page One Ventures | Investor | Company | Participated in the funding round for Everstar. |
| Ron Fleming | Corporate Partner | Person | Part of the Pillsbury deal team for Everstar's funding. |
| Elina Teplinsky | Energy Partner & Strategic Advisor | Person | Pillsbury advisor involved in the deal and strategic advisor to Everstar. |
| Matthew Rabinowitz | International Trade Partner | Person | Part of the Pillsbury deal team for Everstar's funding. |
| Taylor OToole | Corporate Senior Associate | Person | Part of the Pillsbury deal team for Everstar's funding. |
| Sarah Konnerth | Associate | Person | Part of the Pillsbury deal team for Everstar's funding. |
| Alexander Ntchobo | Senior Law Clerk | Person | Part of the Pillsbury deal team for Everstar's funding. |