Amount$117M
SeriesSeries B
AnnouncedFeb 1, 2024
SectorArtificial Intelligence
RegionGermany
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series B round (4.2× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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 distribution90th pct
smaller Series B roundslarger
vs. Artificial Intelligence (650)
Round size in sector89th pct
$20Kthis round: $117M$75M
