Amount$45M
SeriesSeries C
AnnouncedAug 27, 2020
Time since last round444 mo
SectorInspection, Predictive Maintenance, IP, Electronics, Semiconductor
Sub-sectorMachine Learning
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
8 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 distribution46th pct
smaller Series C roundslarger
vs. Inspection, Predictive Maintenance, IP, Electronics, Semiconductor (5)
Round size in sector80th pct
$35Mthis round: $45M$50M
