Amount$28M
SeriesSeries A
AnnouncedJun 11, 2024
SectorEnergy
Sub-sectorPhysics-Informed AI
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Series A round (2.5×).
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
All-new money — no prior investors re-upped.
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 distribution82th pct
smaller Series A roundslarger