Amount$33M
Post-money valuation$620M
SeriesFunding Round
AnnouncedNov 1, 2020
SectorAdvanced Manufacturing and Materials
RegionCanada
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Funding Round round (2.1×).
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Funding Round rounds (425)
Round size distribution57th pct
smaller Funding Round roundslarger
Post-money valuation16th pct
$4Mthis round: $620M$25B
