Amount$30M
SeriesSeries D
AnnouncedSep 30, 2018
Time since last round284 mo
SectorDrones, Industrial
Sub-sectorArtificial Intelligence, Computer Vision
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series D round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution16th pct
smaller Series D roundslarger
vs. Drones, Industrial (4)
Round size in sector75th pct
$29Mthis round: $30M$33M
