Amount$100M
SeriesSeries B
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
Larger than the typical Series B round (3.6×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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. Series B rounds (996)
Round size distribution89th pct
smaller Series B roundslarger
vs. Industrial, Electronics, Manufacturing, Robotics, Assembly, Software Defined (SD) (5)
Round size in sector60th pct
$20Mthis round: $100M$179M