Tech Company Financing Transactions
Hailo Funding Round
Hailo, operating out of Tel Aviv, secured $120 million from Automotive Equipment & Vehicles, Comasco and Delek Motors.
Transaction Overview
Company Name
Announced On
4/2/2024
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to continue to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
94 Yigal Alon St.
Tel Aviv, 6789139
Israel
Tel Aviv, 6789139
Israel
Phone
Undisclosed
Website
Email Address
Overview
Hailo is developing a breakthrough specialized deep learning processor, that empowers intelligent devices with the performance of a data center-class computer, operating in real time at minimal power consumption, size and cost.
Management Team
Title
Name
Email & Social
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