Amount$10M
SeriesSeries C
AnnouncedApr 23, 2020
SectorNanotechnology, Industrial, Automotive
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series C round — well under the median.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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 C rounds (999)
Round size distribution8th pct
smaller Series C roundslarger
vs. Nanotechnology, Industrial, Automotive (5)
Round size in sector80th pct
$350Kthis round: $10M$10M
