Amount$2M
SeriesDebt
AnnouncedMay 31, 2015
Time since last round261 mo
SectorSpectrometry, Agritech, IoT
Sub-sectorMachine Learning, Deep Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Debt round — well under the median.
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. Spectrometry, Agritech, IoT (8)
Round size in sector38th pct
$900Kthis round: $2M$3M