Press Release

Playground Global Raises $410 Million in New Capital

December 14, 2023

San Francisco – December 14, 2023 – Cooley advised Playground Global, an early-stage, deep-tech venture firm investing in transformative technologies and founders building category-defining businesses, on raising $410 million for its venture capital funds, bringing its total assets under management to more than $1.2 billion. Partner Eric Doherty led the Cooley team advising Playground. 

Playground’s Fund III builds on the investment strategy of prior funds and is expected to focus on seed and Series A companies across next-generation computing, logistics, automation, infrastructure, decarbonization and engineered biology.

Cooley has advised on Playground’s fund formation work since the company’s inception.

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