Amount$132M
SeriesSeries C
AnnouncedFeb 28, 2019
Time since last round513 mo
SectorAutomotive, ADAS, Autonomous, LIDAR, 3D
Sub-sectorComputer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.9×).
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
3 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 distribution87th pct
smaller Series C roundslarger
vs. Automotive, ADAS, Autonomous, LIDAR, 3D (6)
Round size in sector100th pct
$8Mthis round: $132M$132M