Amount$100M
SeriesSeries C
AnnouncedSep 27, 2021
SectorEnergy Storage
Sub-sectorMachine Learning
RegionSwitzerland
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
Healthy syndicate of 4 investors.
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. Series C rounds (999)
Round size distribution82th pct
smaller Series C roundslarger