Tech Company Financing Transactions
HaiLa Technologies Funding Round
HaiLa Technologies, operating out of Montreal, QC, received $10.4 million from Chrysalix Venture Capital, Ecofuel Fund and Murata Manufacturing Company .
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$10,350,000
Round
Undisclosed
Investors
Proceeds Purpose
The company, which has raised USD$16.8m in funding to date, including non-dilutive financing from Sustainable Development Technology Canada and TechnoClimat Quebec, intends to use the funds to drive R&D development, allow the team to grow, and bring ultra low-power system-on-chip (SoC) solutions to market.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
6833 Ave. de l'Épée
Montreal, QC, H3N 2C7
CA
Montreal, QC, H3N 2C7
CA
Phone
Website
Email Address
Overview
HaiLa is a fabless semiconductor and software company focused on hyper power-efficient wireless communications system-on-chip solutions. Founded in 2019, HaiLa's mission is to enable sustainable scaling of IoT sensor deployments, across multiple applications, over existing wireless infrastructure. We address this through massive reduction in power consumption of the sensor's wireless radio, which eliminates the need for sensor batteries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derek Kuhn
Chief Financial Officer
Ramzy Metwalli
Founder
Charlotte Savage
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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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