Amount$257K
SeriesGrant (prize money)
AnnouncedSep 30, 2023
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Grant (prize money) round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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. Grant (prize money) rounds (49)
Round size distribution39th pct
smaller Grant (prize money) roundslarger
