Latham & Watkins Advises Era Ventures in Inaugural US$88 Million Fund Formation

Era Ventures, a pioneering venture capital firm focused on investing in a broad range of business model innovations to catalyze positive change in the built world, announced the launch of its inaugural US$88 million fund. Era Ventures will deploy capital across multiple stages and a full spectrum of sector-focused innovations, from enablement technologies that improve existing processes to truly disruptive platforms that reshape the industry. The firm has identified seven core business models driving change, including but not limited to SaaS and AI, marketplaces, embedded fintech, and hardtech ventures leveraging new technologies to optimize physical assets, and will actively invest across all of these categories.

Latham & Watkins LLP represented Era Ventures in the fund formation with an investment funds team led by Bay Area partner Javad Mostofizadeh, with associate Jonathan Kashani. Advice was also provided on tax matters by New York partner Gregory Hannibal and New York counsel Lauren Bewley, and on funds regulatory matters by Chicago partner Laura Ferrell, with associates Jennifer Tian and Haley Hohensee.