Hailo lands $120 million in an extension to Series C led by Israeli businessman Alfred Akirov, Delek Motors, and OurCrowd to bring AI to edge devices.
Apr 02, 2024•over 1 year ago
Amount Raised
$120 Million
Round Type
series c
Investors
Our CrowdDelek MotorsAlfred Akirov
Description
Hailo, a company specializing in AI chips for edge devices, has secured $120 million in an extension to its Series C funding round. The investment comes from backers such as Israeli businessman Alfred Akirov, automotive importer Delek Motors, and the VC platform OurCrowd.
FundzWatch™ Score
72
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech