Ropes & Gray advised Collaborative Fund as the lead investor in AI company Phaidra’s $50 million Series B funding round. The funding will be used to make AI factories — the data center infrastructure purpose-built for AI workloads — radically more resource-efficient via AI agents. The funding round was announced on October 1, 2025.
Collaborative Fund is a leading source of capital for big ideas pushing the world forward.
The team was led by emerging companies & venture capital partner Brad Flint and associate Joe Muller.
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