Amount$108M
Post-money valuation$1.5B
SeriesSeries E
AnnouncedJun 6, 2022
Valuation step-up2.5×
Time since last round899 mo
SectorSensor, 4D, RADAR, Semiconductor
Sub-sectorAI-Optimized Hardware, Computer Vision, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
8 investors on the cap table.
Insider conviction
6 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Valuation step-up
Healthy 2.5× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series E rounds (478)
Round size distribution43th pct
smaller Series E roundslarger
Post-money valuation37th pct
$103Mthis round: $1.5B$10.2B
vs. Sensor, 4D, RADAR, Semiconductor (5)
Round size in sector80th pct
$12Mthis round: $108M$109M
