Amount$36M
SeriesSeries C
AnnouncedOct 12, 2021
Time since last round391 mo
SectorEdge Computing, Acceleration, Artificial Intelligence, Semiconductor
Sub-sectorMachine Learning, Deep Learning, AI-Optimized Hardware, Computer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
Insider conviction
9 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 C rounds (999)
Round size distribution37th pct
smaller Series C roundslarger
vs. Edge Computing, Acceleration, Artificial Intelligence, Semiconductor (7)
Round size in sector57th pct
$4Mthis round: $36M$120M
