Amount$500M
Post-money valuation$3.3B
SeriesSeries A
AnnouncedOct 2, 2020
SectorAutonomous, Trucks, LIDAR, Automotive
Sub-sectorComputer Vision, Deep Learning
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far above the typical Series A round (45.5× the median) — an outlier.
Syndicate size
Single investor — limited external validation.
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 distribution100th pct
smaller Series A roundslarger
Post-money valuation100th pct
$12Mthis round: $3.3B$1B
