Amount$475M
SeriesCorporate Investment
AnnouncedMay 2, 2024
SectorAutonomous Vehicles
Sub-sectorMachine Learning
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Corporate Investment round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Autonomous Vehicles (23)
Round size in sector96th pct
$2Mthis round: $475M$475M
