Amount$8M
SeriesSeed
AnnouncedDec 13, 2023
SectorSustainable Aviation Fuel
RegionSwitzerland
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Seed round (2.9×).
Syndicate size
2 investors on the cap table.
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. Sustainable Aviation Fuel (8)
Round size in sector50th pct
$2Mthis round: $8M$9M