Amount$7.3B
Post-money valuation$30B
SeriesSeries D
AnnouncedMay 9, 2024
SectorBiotechnology
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series D round (92.7× the median) — an outlier.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution100th pct
smaller Series D roundslarger
Post-money valuation99th pct
$65Mthis round: $30B$6B
