Represented Acacia Research Corporation (NASDAQ: ACTG) in connection with its $10 million investment in Miso Robotics’ Series B financing round. Additional strategic investors included Levy, OpenTable’s CTO, members of Cali Group and its subsidiary CaliBurger. Miso intends to use the proceeds to expand its suite of robotic kitchen assistant products as well as its cloud platform, Miso AI. Read the press release.
Acacia Research is an industry leader in patent licensing. Its subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia controls over 250 patent portfolios covering technologies used in a wide variety of industries. Miso Robotics is a leader in robotics and artificial intelligence solutions.
The Newport Beach-based team representing Acacia included Mark Skaist and Jeff Estes.