Amount$25M
Post-money valuation$525M
SeriesPrivate Equity
AnnouncedJun 13, 2023
Time since last round735 mo
SectorAutomotive, ADAS, Autonomous, Teleoperation
Sub-sectorComputer Vision, Machine Learning, Robotics
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than the typical Private Equity round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Private Equity rounds (109)
Round size distribution16th pct
smaller Private Equity roundslarger
Post-money valuation21th pct
$40Mthis round: $525M$7B
vs. Automotive, ADAS, Autonomous, Teleoperation (4)
Round size in sector75th pct
$6Mthis round: $25M$43M
