Amount$2M
SeriesGrant
AnnouncedNov 13, 2024
SectorAdvanced Manufacturing & Materials
RegionUnited Kingdom
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Grant round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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. Advanced Manufacturing & Materials (4)
Round size in sector75th pct
$1Mthis round: $2M$2M
