Amount$1.3B
AnnouncedJan 31, 2024
SectorSustainable Infrastructure, Renewable Energy, Environmental Technology
Sub-sectorArtificial Intelligence
Solid
A solid round with healthy fundamentals.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
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. Sustainable Infrastructure, Renewable Energy, Environmental Technology (5)
Round size in sector80th pct
$53Mthis round: $1.3B$2B