New York – July 25, 2024 – Cooley advised First Street, the standard in physical climate risk data, on its oversubscribed Series A-1 financing. First Street announced the close of the round five months after its oversubscribed Series A, bringing the total amount raised to $46 million. The funding round was led by Innovation Endeavors with other investors SE Ventures, backed by global energy management and automation leader Schneider Electric, and Nuveen Real Estate. The Series A-1 funds will be used to expedite the go-to-market plans of First Street’s scientific innovations with their new software solution while simultaneously scaling their models for international markets.
Partner Roy Moran led the Cooley team advising First Street.
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