Amount$45M
SeriesPost IPO
AnnouncedJul 31, 2024
SectorElectric Vehicles
Sub-sectorMachine Learning
RegionSpain
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Post IPO round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Electric Vehicles (12)
Round size in sector75th pct
$1Mthis round: $45M$50M
