Startup Hailo raises USD136 million series C funding to fuel AI chip production

Corporate developments

Funds will be used to mass produce its current chips as well as develop next-generation hardware

According to a press release published on 11 October in the electronic weekly, Hailo, an artificial intelligence (AI)-focused chipmaker based in Israel, has raised USD136 million in a private funding round led by Poalim Equity and Gil Agmon.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload