SAN FRANCISCO (November 12, 2025) - Perkins Coie is pleased to have advised Foxglove Technologies on its successful $40 million Series B financing led by Alexandra Sukin and Jeremy Levine at Bessemer Venture Partners, with participation from Eclipse Capital, Amplify Partners, and Icehouse Ventures.
The financing cements Foxglove’s position as the leader in Physical AI infrastructure, and more importantly, enables it to continue expanding its platform to support the end-to-end data lifecycle of development, testing, and operations in the physical world. Additional information about Foxglove’s Series B financing is available here.
The Perkins Coie Emerging Companies & Venture Capital (ECVC) advisory team included partners Paul Navarro, Sarah Shtylman, and Jim Brenner, counsel Elizabeth Plata Omidian, associates Upjeet Cheema, Oscar Corpus, and Amber Mixon, and paralegal Carl Vosicka.
Perkins Coie also advised on Foxglove’s $15 million Series A fundraising led by Eclipse Ventures.
From incorporation to exit, Perkins Coie helps clients build great companies. Lawyers in our ECVC practice span the country, supporting the most innovative entrepreneurs and investors in all key technology-driven markets. Our ECVC lawyers have managed thousands of venture capital and private equity financings from pre-seed to growth equity, assisting clients in raising billions of dollars annually. They provide end-to-end legal and business counseling to the leading-edge companies of tomorrow in industries like artificial intelligence, clean technology, fintech and blockchain, digital media and gaming, deep tech, healthcare, biotech, consumer products, and everything in between.
