Amount$18M
Post-money valuation$70M
SeriesStrategic
AnnouncedAug 1, 2022
SectorAgritech, Modular, Farming
Sub-sectorArtificial Intelligence
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Strategic round (2.2×).
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Strategic rounds (48)
Round size distribution71th pct
smaller Strategic roundslarger
Post-money valuation50th pct
$33Mthis round: $70M$180M
