Amount$40M
Post-money valuation$110M
SeriesSeries B
AnnouncedMay 8, 2024
Time since last round857 mo
SectorDrones, Virtual Reality (VR), Augmented Reality (AR), Camera, Gaming, Homeland Security, Industrial, Telepresence, Human Machine Interface, Mixed Reality
Sub-sectorComputer Vision, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution63th pct
smaller Series B roundslarger
Post-money valuation10th pct
$35Mthis round: $110M$2.6B
