Amount$10M
Post-money valuation$30M
SeriesFunding Round
AnnouncedJun 13, 2021
Time since last round425 mo
SectorAgritech, Irrigation, Autonomous, Sensor
Sub-sectorArtificial Intelligence, Deep Learning, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Funding Round round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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. Funding Round rounds (425)
Round size distribution36th pct
smaller Funding Round roundslarger
Post-money valuation4th pct
$4Mthis round: $30M$25B
vs. Agritech, Irrigation, Autonomous, Sensor (5)
Round size in sector60th pct
$2Mthis round: $10M$11M
