Amount$100M
SeriesSeries B
AnnouncedJun 11, 2019
Time since last round374 mo
SectorAgritech, IoT, Modular, Indoor
Sub-sectorComputer Vision, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.6×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 B rounds (996)
Round size distribution89th pct
smaller Series B roundslarger
vs. Agritech, IoT, Modular, Indoor (6)
Round size in sector67th pct
$3Mthis round: $100M$200M
