Amount$27M
SeriesSeries A
AnnouncedOct 15, 2024
Time since last round335 mo
SectorIoT, Telecommunications, 5G
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series A round (2.5×).
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
5 existing investors 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 distribution81th pct
smaller Series A roundslarger
