Amount$40M
SeriesSeries A
AnnouncedJul 31, 2018
Time since last round770 mo
SectorAutomotive, ADAS, Autonomous, Trucks, LIDAR, RADAR, Ultrasound
Sub-sectorArtificial Intelligence, Computer Vision, Machine Learning, Robotics
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (3.6×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 existing investors 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 A rounds (995)
Round size distribution89th pct
smaller Series A roundslarger
