Amount$210M
SeriesSeries A
AnnouncedJun 9, 2022
SectorRenewable Energy
Sub-sectorAI for Operations
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series A round (19.1× the median) — an outlier.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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 A rounds (995)
Round size distribution99th pct
smaller Series A roundslarger
vs. Renewable Energy (35)
Round size in sector80th pct
$250Kthis round: $210M$334M
