Amount$300M
Post-money valuation$850M
SeriesSeries D
AnnouncedAug 1, 2018
SectorAutomotive
Sub-sectorMachine Learning
RegionFrance
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (3.8×).
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 D rounds (1,000)
Round size distribution89th pct
smaller Series D roundslarger
Post-money valuation17th pct
$65Mthis round: $850M$6B
