Amount$5M
SeriesSeries A
AnnouncedSep 15, 2021
SectorIndustrial Automation
Sub-sectorRobotics
RegionGermany
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series A rounds (995)
Round size distribution15th pct
smaller Series A roundslarger
vs. Industrial Automation (7)
Round size in sector71th pct
$540Kthis round: $5M$10M