Amount$100M
SeriesSeries C
AnnouncedJun 28, 2023
SectorBiotechnology
Sub-sectorMachine Learning
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution82th pct
smaller Series C roundslarger
