Amount$25M
SeriesSeries A
AnnouncedMay 31, 2019
SectorAutomotive, ADAS, Autonomous, RADAR
Sub-sectorComputer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series A round (2.3×).
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series A rounds (995)
Round size distribution79th pct
smaller Series A roundslarger
vs. Automotive, ADAS, Autonomous, RADAR (8)
Round size in sector63th pct
$3Mthis round: $25M$32M