Amount$5M
SeriesPre-Seed
AnnouncedMay 21, 2024
SectorConstruction
Sub-sectorMaterials Science AI
RegionUnited Kingdom
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Pre-Seed round (3.6×).
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Pre-Seed rounds (987)
Round size distribution97th pct
smaller Pre-Seed roundslarger
