Amount$6M
SeriesSeries B
AnnouncedNov 2, 2020
SectorHealthcare, Nanotechnology, Biotech
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution6th pct
smaller Series B roundslarger
vs. Healthcare, Nanotechnology, Biotech (4)
Round size in sector100th pct
$650Kthis round: $6M$6M