2020 M&A Annual Review

Morrison & Foerster is recognized Nationwide for Corporate/M&A: The Elite. Chambers USA 2020 “The client service is impeccable. They put in the time to understand what we need, and they’re always proactive about keeping me informed.” Client Quote, Chambers USA 2020 UBER Morrison & Foerster represented Uber Technologies, Inc. in its investment in Joby Aviation, Inc., a venture-backed company developing electric vertical takeoff and landing (eVTOL) aircraft designed for urban air mobility services. This investment is part of a broader transaction involving the acquisition of Uber Elevate, an aerial ride-sharing business, by Joby and an expanded partnership between the two parent companies that we previously advised on a commercial collaboration arrangement. It follows Uber’s earlier investment made as part of Joby’s Series C financing round. Established in 2016, Uber Elevate has played an important role in laying the groundwork for the aerial ridesharing market by bringing together regulators, civic leaders, real estate developers, and technology companies around a shared vision for the future of air travel.