Amount$3M
SeriesFunding Round
AnnouncedMay 30, 2022
SectorAlgae, Biotech, Food, Livestock, Cosmetics
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Funding Round round — well under the median.
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. Funding Round rounds (421)
Round size distribution16th pct
smaller Funding Round roundslarger
