Amount$10M
SeriesStrategic
AnnouncedNov 30, 2021
SectorSemiconductor, Automotive, Connected Vehicle
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Strategic round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Strategic rounds (48)
Round size distribution56th pct
smaller Strategic roundslarger
vs. Semiconductor, Automotive, Connected Vehicle (4)
Round size in sector50th pct
$10Mthis round: $10M$30M