Amount$6M
SeriesSeries B
AnnouncedMay 12, 2021
Time since last round1113 mo
SectorIndustrial, Water, IoT, Sensor, Wastewater
Sub-sectorMachine Learning, Deep Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
8 investors on the cap table.
Insider conviction
5 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 B rounds (996)
Round size distribution6th pct
smaller Series B roundslarger
