Amount$25M
Post-money valuation$220M
SeriesSeries B
AnnouncedJul 13, 2022
Time since last round312 mo
SectorComputing, Cloud Computing, Edge Computing, Development Platform, Optimization, Deep Learning, Computer Vision, Artificial Intelligence, Generative AI, Acceleration, Large Language Models (LLMs), Foundational Models
Sub-sectorDeep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
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 distribution43th pct
smaller Series B roundslarger
Post-money valuation21th pct
$35Mthis round: $220M$2.6B
