Amount$120M
Post-money valuation$325M
SeriesSeries B
AnnouncedApr 1, 2022
SectorFood, Dairy, Biotech, Protein
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series B round (4.3× the median) — an outlier.
Syndicate size
8 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 distribution91th pct
smaller Series B roundslarger
Post-money valuation26th pct
$35Mthis round: $325M$2.6B
