Amazing that you can raise that kind of seed money without a working prototype. They must have been claiming some serious IP assets. Also, $25 million seems li

Amazing that you can raise that kind of seed money without a working prototype. They must have been claiming some serious IP assets. Also, $25 million seems like a lot for convertible notes. Each one probably didn't exceed a few hundred thousand a piece. This is an excellent example of how once you convince a couple key investors to join, there are dozens waiting behind to follow.