Amount$200M
Post-money valuation$1.1B
SeriesSeries D
AnnouncedDec 16, 2021
Time since last round374 mo
SectorAgritech, IoT, Modular, Indoor
Sub-sectorComputer Vision, Machine Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Series D round (2.5×).
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution81th pct
smaller Series D roundslarger
Post-money valuation39th pct
$65Mthis round: $1.1B$6B
vs. Agritech, IoT, Modular, Indoor (6)
Round size in sector100th pct
$3Mthis round: $200M$200M
