Amount$65M
SeriesSeries C
AnnouncedFeb 24, 2021
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 C round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
6 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 C rounds (999)
Round size distribution64th pct
smaller Series C roundslarger
vs. Storage, Data Center, Acceleration, Artificial Intelligence, Semiconductor (4)
Round size in sector75th pct
$10Mthis round: $65M$100M