🤖 Search 5,000+ AI tools Ask our bot for help →

Discover the latest tools and trends in AI 🔮

Join 50,000+ subscribers including Amazon, Apple, Google, and Microsoft employees reading our free newsletter.

[email protected] Subscribe

Israeli AI Chip Startup Hailo Nabs $120M Series C Funding

Israeli AI Chip Startup Hailo Nabs $120M Series C Funding

Hailo, a Tel Aviv-based AI chipmaker, raised $120M in extended Series C funding, bringing its total raise to over $200M. The round was led by existing investors including the Zisapel family, Gil Agmon, and Delek Motors, along with new backers like Alfred Akirov and DCLBA.

The fresh capital will fuel Hailo's development of edge AI processors and support expansion into automotive and smart city applications. Notable investors include Vasuki, OurCrowd, Talcar, Comasco, Automotive Equipment, and Poalim Equity.

Comments