Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
02.05.26
A team of Pillsbury lawyers represented Goodfire – the AI research lab using interpretability to understand, learn from and design models – in its $150 million Series B funding round at a $1.25 billion valuation.
The round was led by B Capital, with participation from existing investors Juniper Ventures, Menlo Ventures, Lightspeed Venture Partners, South Park Commons and Wing Venture Capital, and new investors DFJ Growth, Salesforce Ventures, Eric Schmidt and others.
This funding, coming less than a year after its Series A, will enable Goodfire to advance frontier research initiatives, build the next generation of its core product, and scale partnerships across AI agents and life sciences.
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The Pillsbury deal team was led by Emerging Companies & Venture Capital partner Ron Fleming, counsel Taylor O’Toole and senior associate Alec Saccogna.