Amount$45M
SeriesSeries B
AnnouncedNov 24, 2020
Time since last round540 mo
SectorDrones, Autonomous, Robotics
Sub-sectorMachine Learning, Computer Vision, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
8 investors on the cap table.
Insider conviction
6 existing investors 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. Series B rounds (996)
Round size distribution66th pct
smaller Series B roundslarger
vs. Drones, Autonomous, Robotics (5)
Round size in sector80th pct
$1Mthis round: $45M$67M
