And it is not success compared to another possibility, earning enough money to not need further fundraising.
Of course some businesses are more capital intensive and have longer time-to-money timelines due to factors outside the control of the company, and in that case fundraising is an essential tool for a long time.
Yeah they're doing a hardware play, which means it's really capital intensive. That kind of cash means they can afford to do a larger production run, which gets them better economies of scale, which means more profit per unit sold. investors are being given private access to see that the demand is there to justify further investment.
