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Israeli AI chip maker Hailo becomes newest unicorn after $136m investment

Tel Aviv-based startup’s AI processor allows smart devices to run deep learning applications for industries such as automotive, drones, and home appliances

Tel avivT ai peiCity ofUnited kingdomZohar zisapelGil agmonOrr danonAvi baumHadar zeitlinEyal waldmanMellanox technologiesShlomo groupTechnology venturesIntel corporation mooly edenPoalim equityDelek motors

Hailo Raises $136M in Series C Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

T ai peiTel avivZohar zisapelGil agmonOrr danonEyal waldmanMooly edenIntel corporationMellanox technologiesShlomo groupTechnology venturesTalcar corporation ltdIsrael based artificial intelligencePoalim equityHailo chairman zohar zisapelLatitude ventures

Israeli AI Edge Chipmaker Hailo Raises $136M

The company said the funding will be used to address 'surging interest' in the Hailo-8 AI Processor for edge devices.

T ai peiCity ofUnited kingdomZohar zisapelGil agmonOrr danonShlomo groupTechnology venturesTalcar corporation ltdPoalim equityHailo chairman zohar zisapelLatitude venturesCarasso motorsAutomotive equipment

Israeli AI chipmaker Hailo raises $136 mln, valued at $1 bln

Hailo, an artificial intelligence-focused, Israel-based chipmaker, said on Tuesday it raised $136 million in a private funding round led by Poalim Equity and Gil Agmon.

Israel generalCity ofUnited kingdomZohar zisapelGil agmonSteven scheerEyal waldmanMooly edenThomson reuters trust principlesMellanox technologiesShlomo groupTechnology venturesIntel corpTalcar corporation ltdPoalim equityHailo chairman zohar zisapel

Leading AI Chipmaker Hailo Raises $136 Million to Expand Edge AI Solutions as Global Demand Surges

/PRNewswire/ Leading AI (Artificial Intelligence) chipmaker Hailo today announced it has raised $136 million in a Series C funding round led by Poalim.

T ai peiCity ofUnited kingdomZohar zisapelGil agmonOrr danonGarrett krivicichEyal waldmanMooly edenIntel corporationMellanox technologiesShlomo groupTechnology venturesTalcar corporation ltdArtificial intelligencePoalim equity

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