Orrick advised Graphcore, a semiconductor startup developing new technology to accelerate machine learning and artificial intelligence applications, in its $30 million Series-A funding round.

The funding was led by Robert Bosch Venture Capital GmbH and Samsung Catalyst Fund, together with several leading venture capital funds from London, Silicon Valley and Israel (including Amadeus Capital Partners, C4 Ventures, Draper Esprit plc, Foundation Capital and Pitango Venture Capital).

The Orrick team advising Graphcore was led by London-based Technology Companies Group partners Chris Grew and Ed Denny, and included of counsel Steve Barnett, managing associate Jamie Moore, and associate Rhian Saleh.