Fenwick Represents Generalist AI in $400M Funding

Fenwick represented Generalist AI, a robotics startup, in its $400 million funding at a valuation of $2 billion. The round was led by Radical Ventures with participation from 8VC, Union Square Ventures, Hanabi Capital, Norwest, and existing investors NVIDIA, Boldstart Ventures, Spark Capital, Bezos Expeditions, and NFDG.

Generalist AI will use the funds to accelerate its mission to build physical AGI and make it useful to everyone. More information can be obtained from the company’s website.

The Fenwick transaction team was led by corporate partners David Horne and David Bell, and included associates Serena Ward, Siobhan McGurk, and Tiana Wang.