Amount$200M
SeriesSeries D
AnnouncedJul 14, 2022
SectorVirtual Reality
Sub-sectorSpatial Computing
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Series D round (2.5×).
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. Series D rounds (1,000)
Round size distribution81th pct
smaller Series D roundslarger
