Amount$8M
SeriesSeed Round
AnnouncedOct 2, 2023
SectorSustainable Aviation Fuel
RegionNetherlands
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Seed Round round (6.5× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Seed Round rounds (65)
Round size distribution92th pct
smaller Seed Round roundslarger
vs. Sustainable Aviation Fuel (8)
Round size in sector38th pct
$2Mthis round: $8M$9M
