Amount$32M
SeriesDebt
AnnouncedOct 31, 2022
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
In line with the typical Debt round.
Syndicate size
2 investors on the cap table.
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. Industrial, Electronics, Manufacturing, Robotics, Assembly, Software Defined (SD) (5)
Round size in sector40th pct
$20Mthis round: $32M$179M
