Latham & Watkins Advises Fika Ventures in US$160 Million Fund Formation

Fika Ventures, a B2B-focused early-stage fund, announced the close of its US$160 million Fund IV. The new fund brings Fika's total assets under management to over half a billion dollars since its founding in 2016. With Fund IV, Fika will continue its proven strategy of leading pre-seed and seed rounds in B2B software companies across sectors like vertical SaaS, fintech, commerce enablement, marketplaces, and healthcare, particularly those harnessing AI to drive innovation.

Latham & Watkins LLP represented Fika Ventures in the fund formation with a corporate deal team led by Bay Area investment funds partner Javad Mostofizadeh and Bay Area Emerging Companies & Growth partner Brian Patterson, with associates Jonathan Kashani and Alex Bogdon. Advice was also provided on tax matters by New York partner Gregory Hannibal, with associates Arash Lotfi and Allison Esquen-Roca, and on funds regulatory matters by Chicago partner Laura Ferrell, with associates Jennifer Tian and Tim Cummings.