Amount$106M
SeriesSeries C
AnnouncedJun 25, 2024
SectorIndustrial, Electronics, Manufacturing, Robotics, Assembly, Software Defined (SD)
Sub-sectorRobotics, Computer Vision, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.4×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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. Series C rounds (999)
Round size distribution83th pct
smaller Series C roundslarger
vs. Industrial, Electronics, Manufacturing, Robotics, Assembly, Software Defined (SD) (5)
Round size in sector80th pct
$20Mthis round: $106M$179M
