Amount$40M
Post-money valuation$400M
SeriesSeries C
AnnouncedSep 26, 2022
RegionNetherlands
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series C 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 C rounds (999)
Round size distribution43th pct
smaller Series C roundslarger
Post-money valuation20th pct
$29Mthis round: $400M$3B
