Amount$38M
Post-money valuation$575M
SeriesSeries C
AnnouncedMay 31, 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
In line with the typical Series C round.
Syndicate size
2 investors on the cap table.
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 C rounds (999)
Round size distribution38th pct
smaller Series C roundslarger
Post-money valuation30th pct
$29Mthis round: $575M$3B
vs. Automotive, ADAS, Autonomous, LIDAR, 3D (6)
Round size in sector50th pct
$8Mthis round: $38M$132M
