Amount$11M
SeriesSeries B
AnnouncedJul 31, 2014
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
Smaller than the typical Series B 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. Series B rounds (996)
Round size distribution14th pct
smaller Series B roundslarger
vs. Spectrometry, Agritech, IoT (8)
Round size in sector88th pct
$900Kthis round: $11M$3M