Latham & Watkins Advises Lead Investor Maverick Capital in SiMa.ai’s US$85 Million Funding Round
SiMa.ai, a pioneer in delivering purpose-built hardware and software solutions for physical AI, announced it has raised US$85 million in an oversubscribed round, bringing total capital raised to US$355 million. The latest round was led by Maverick Capital, with continued participation from existing investors and new investor StepStone Group. Latham previously advised Maverick as lead investor in a US$70 million funding round for SiMi.ai in 2024.
Latham & Watkins LLP represents Maverick Capital in the funding round with a corporate deal team led by partners John Miller and Haim Zaltzman, with associates Pat Argenio and Jihoo Kim.