Amount$60M
SeriesSeries D
AnnouncedFeb 8, 2022
SectorNanotechnology, Industrial, Automotive
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors 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 D rounds (1,000)
Round size distribution38th pct
smaller Series D roundslarger
vs. Nanotechnology, Industrial, Automotive (5)
Round size in sector100th pct
$350Kthis round: $60M$10M
