Media Coverage
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
02.24.23
A team of Pillsbury lawyers led by Emerging Growth & Venture Capital partner and Technology industry leader Justin Hovey served as counsel to Fortem Technologies, an airspace awareness, security and defense company, in its recent $17.8 million funding round.
Led by new key industry investors including Lockheed Martin Ventures, Hanwha Aerospace, and AIM13|Crumpton Venture Partners, the capital is expected to be put towards Fortem’s scale to meet rising demands across various regions and market sectors in airspace safety and security. Existing investors DCVC and Signia Venture Partners also contributed additional funds.
Pillsbury also recently advised Fortem Technologies in its $15 million investment from Toshiba Infrastructure Systems & Solutions. To read more about the investment, click here.
In addition to Hovey, the Pillsbury deal team included International Trade partners Matt Rabinowitz and Ben Cote, Corporate associate Kendy Chan and senior law clerk Sheetal Misra and Regulatory senior law clerk Arielle Heffez.
Click here to read the full press release.