Fenwick Represents SiMa.ai in $85M Oversubscribed Funding

Fenwick represented SiMa.ai, a pioneer in Physical AI computing, in its $85 million oversubscribed funding. The round was led by Maverick Capital with participation from existing investors and new investor StepStone Group.

SiMa.ai will use the funds to fuel its global expansion and accelerate the scale-up of its Physical AI platform. Additional information can be obtained here.

The Fenwick transaction team was led by corporate partners Sam Angus and Jonathan Sagot and included associates James Clarkin-Breslin, Warren Hill, and Havyn Quigley.