Amount$83M
SeriesSeries B
AnnouncedOct 6, 2021
Time since last round29 mo
SectorSemiconductor, Hardware, Software, Data Analytics, Data Center, Acceleration
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (3.0×).
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
4 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 B rounds (996)
Round size distribution83th pct
smaller Series B roundslarger