Perkins Coie’s ECVC Practice Represents Aether Diamonds in $18 Million Series A Funding Round Led by Helena

PALO ALTO (March 3, 2022)—Perkins Coie is pleased to have represented Aether Diamonds, creators of the world's first diamonds made from atmospheric carbon, in the completion of an $18 million Series A funding round led by global problem-solving organization, Helena. For more information, please see Aether's press release here.

The Series A funding was co-led by TRIREC, with participation from SOUNDWaves, the sustainability-focused investment vehicle from Sound Ventures, founded by Ashton Kutcher and Guy Oseary, Khosla Ventures, and Social Impact Capital. Aether is an award-winning climate tech startup and certified B Corporation that transforms air pollution, that would otherwise be warming the planet and contributing to climate change, into gem-quality diamonds. It was founded in 2018 with the mission to create a new category of diamonds that can have a positive impact on the planet.

The Perkins Coie advisory team was led by partners Matt Oshinsky, the firmwide co-chair of Perkins Coie's Emerging Companies & Venture Capital (ECVC) practice, and Jim Brenner, associates James Zuanich and Scott Griffin, and paralegal Ross Learn.

Perkins Coie's ECVC practice advises emerging companies on startup company formations, independent contractor issues, early to late-stage financings, venture debt, intellectual property protection, dispute counseling, technology licensing and acquisitions, mergers and acquisitions, initial public offerings, and dispute counseling, among other areas.