Amount$123M
SeriesSeries B
AnnouncedAug 11, 2020
Time since last round651 mo
SectorDrug Discovery, Life Sciences, Healthcare
Sub-sectorDeep Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series B round (4.4× the median) — an outlier.
Syndicate size
8 investors on the cap table.
Insider conviction
6 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 B rounds (996)
Round size distribution91th pct
smaller Series B roundslarger
vs. Drug Discovery, Life Sciences, Healthcare (4)
Round size in sector100th pct
$2Mthis round: $123M$123M
