Fenwick represented Metropolis, an AI and computer vision startup built to modernize parking and empower the future of mobility, in its $41 million Series A financing. The round was led by 3L Capital with participation from 01 Advisors, Dragoneer Investment Group and Slow Ventures, as well as investments from real estate managers Starwood, RXR Realty and DivcoWest, and individual investor Dan Doctoroff.
This round brings Metropolis’ total investments to more than $60 million. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Faisal Rashid and included associates Sean Childers and Tina Lee and law clerk Paige Tucker.