Section 02
Deal Terms
Meridian's $18m ticket is part of a $45m Series C round led jointly with Ridgeline Ventures, priced at $210m pre-money ($255m post-money).
| Term | Detail |
|---|---|
| Company | Northwind Robotics, Inc. |
| Instrument | Series C Preferred |
| Round size | $45m |
| Meridian ticket | $18m |
| Pre-money valuation | $210m |
| Post-money valuation | $255m |
| Liquidation preference | 1x non-participating |
| Board seats | 1 director + 1 observer (Meridian) |
| Investor | Commitment ($m) |
|---|---|
| Meridian Capital Partners (lead) | 18 |
| Ridgeline Ventures (co-lead) | 15 |
| Insider follow-on | 12 |
| Total | 45 |