D1 Capital Invests in CelLink

Paul, Weiss advised D1 Capital in a $250 million Series D financing round for CelLink, a San Carlos, California-based automotive electronics technology company. The oversubscribed round also included investments from Whale Rock Capital, T. Rowe Price and Fidelity, among other new and existing investors.

The new funding will support significant expansion to meet growing customer demand across CelLink’s core automotive application areas: lightweight, space-efficient and automation-compatible flex harnessing for battery packs and general power, and data transfer within vehicle zones and submodules.

The Paul, Weiss team included corporate partners Ted Ackerman and Raphael Russo; intellectual property partner Claudine Meredith-Goujon; litigation partner Catherine Nyarady; and tax partner David Mayo.