Amount$99K
SeriesGrant (prize money)
AnnouncedJun 11, 2009
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than the typical Grant (prize money) round.
Syndicate size
Single investor — limited external validation.
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. Grant (prize money) rounds (49)
Round size distribution20th pct
smaller Grant (prize money) roundslarger