Amount$7M
SeriesSeries B
AnnouncedOct 30, 2016
SectorNanotechnology, Industrial, Automotive
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 distribution6th pct
smaller Series B roundslarger
vs. Nanotechnology, Industrial, Automotive (5)
Round size in sector60th pct
$350Kthis round: $7M$10M
