Amount$18M
SeriesSeries C
AnnouncedMar 31, 2020
Time since last round275 mo
SectorLED, Smart City, IoT, Network, Wireless, AI, AI Enablers, Artificial Intelligence, Agritech, Big Data, Data Analytics, Video Analytics, Face Recognition, Homeland Security
Sub-sectorArtificial Intelligence, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series C round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
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 distribution16th pct
smaller Series C roundslarger
