Amount$20M
SeriesDebt
AnnouncedJun 25, 2024
SectorIndustrial, Electronics, Manufacturing, Robotics, Assembly, Software Defined (SD)
Sub-sectorRobotics, Computer Vision, Machine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Debt round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Industrial, Electronics, Manufacturing, Robotics, Assembly, Software Defined (SD) (5)
Round size in sector20th pct
$20Mthis round: $20M$179M
