Amount$83M
SeriesSeries B
AnnouncedMay 1, 2021
SectorAutonomous Vehicles
RegionUnited Kingdom
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.0×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution83th pct
smaller Series B roundslarger
vs. Autonomous Vehicles (23)
Round size in sector48th pct
$2Mthis round: $83M$475M
