Amount$11M
Post-money valuation$33M
SeriesSeries A
AnnouncedDec 14, 2020
SectorFood, Dairy, Biotech, Protein
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
Insider conviction
3 existing investors 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. Series A rounds (995)
Round size distribution45th pct
smaller Series A roundslarger
Post-money valuation9th pct
$12Mthis round: $33M$1B
