Amount$50M
SeriesSeries B
AnnouncedMay 1, 2021
SectorBIO + LIFE SCIENCES
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
7 investors on the cap table.
Insider conviction
3 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 B rounds (996)
Round size distribution72th pct
smaller Series B roundslarger
vs. BIO + LIFE SCIENCES (25)
Round size in sector76th pct
$300Kthis round: $50M$100M
