Amount$20M
SeriesVenture Capital
AnnouncedJan 1, 1993
SectorHardware
Sub-sectorAI Hardware Accelerators
RegionUnited States
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Venture Capital round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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. Venture Capital rounds (46)
Round size distribution22th pct
smaller Venture Capital roundslarger