MoFo Guides $30M Series A Funding for Landbase by Picus Venture Fund

On June 20, 2025, Morrison & Foerster LLP (MoFo), a prominent international law firm, advised Picus Venture Fund II GmbH & Co. KG on its co-lead investment in Landbase, Inc., securing $30 million in Series A financing. Picus, a global venture capital firm known for its focus on technology companies, partnered with other investors to bolster Landbase, a business-to-business (B2B) platform specializing in go-to-market automation powered by advanced artificial intelligence (AI).

This investment marks a significant milestone for Landbase as it aims to enhance its market presence and develop its AI-driven solutions. According to Jason R. Sanderson, a partner at MoFo and head of the firm’s Emerging Companies and Venture Capital practice, this funding will enable Landbase to refine its technology and expand its operational capabilities. "The integration of agentic AI in Landbase's platform positions it uniquely to meet the demands of modern enterprises," Sanderson stated.

The MoFo team, which played a vital role in facilitating this investment, included notable figures such as New York corporate associate Matthew Kwon and Denver corporate associate Sean Ross. Additionally, assistance was provided by various partners specializing in privacy, data security, and technology transactions. Boris Segalis, a partner in privacy and data security, emphasized the importance of navigating regulatory landscapes in such high-stakes investments, especially regarding the Committee on Foreign Investment in the United States (CFIUS) regulations.

Landbase's innovative approach to B2B operations is indicative of a growing trend within the venture capital landscape, where AI-driven solutions are becoming increasingly vital for competitive advantage. According to a report by the National Venture Capital Association (NVCA), investments in AI startups have surged, with $28 billion allocated in 2024 alone, demonstrating a robust market interest in technology that enhances operational efficiency.

In a statement regarding the funding, Landbase's CEO, who wished to remain anonymous, commented, "This investment allows us to rapidly scale our platform while ensuring that we maintain our commitment to innovation and customer service." The funding will specifically support the development of new features that leverage AI to streamline client operations and enhance user engagement.

The implications of this funding go beyond just Landbase. As venture capital continues to flow into AI technologies, industries across various sectors are poised to experience significant transformations. According to Dr. Emily Harris, an AI researcher at Stanford University, "The integration of AI in B2B platforms is redefining how companies interact with their customers and manage their workflows. This shift is not just a trend; it is a fundamental change in how businesses operate."

As Landbase prepares for its next phase of growth, the investment highlights the ongoing evolution of the venture capital landscape, particularly in the realm of technology. Analysts predict that as more companies adopt AI solutions, the market will continue to see increased funding opportunities, thereby fostering innovation and economic growth in the tech sector.

Looking ahead, the success of Landbase's AI platform could serve as a benchmark for future investments in similar technologies, influencing both investor strategies and corporate operations in the technology industry. The collaboration between MoFo and Picus underscores the crucial role legal expertise plays in navigating the complexities of venture capital investments, particularly in sectors characterized by rapid innovation and regulatory scrutiny.