Amount$100M
Post-money valuation$670M
SeriesSeries D
AnnouncedAug 16, 2022
Time since last round594 mo
SectorStorage, Data Center, Acceleration, Artificial Intelligence, Semiconductor
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 3 investors.
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 D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
Post-money valuation13th pct
$65Mthis round: $670M$6B
vs. Storage, Data Center, Acceleration, Artificial Intelligence, Semiconductor (4)
Round size in sector100th pct
$10Mthis round: $100M$100M
