Hailo is a deep-tech semiconductor company specializing in high-performance neural network processors for edge AI devices. Its chip architecture enables devices to run complex deep-learning workloads locally, eliminating cloud-processing dependency while improving speed, privacy, and energy efficiency. Hailo’s solutions power applications across autonomous mobility, industrial automation, smart retail, surveillance, robotics, drones, and IoT systems.
What Is Hailo and What Does It Do?
Hailo, founded in 2017 in Tel Aviv, is a developer of neural learning processors for edge AI applications. Its processors are designed to be embedded into devices, allowing them to run deep-learning workloads in real time without relying on cloud infrastructure.
The platform delivers high-efficiency inference performance, lower power consumption, and real-time responsiveness through a hardware architecture optimized for AI. Hailo serves industries including automotive, smart cities, smart homes, drones, robotics, wearables, and AR/VR.
Hailo employs 166 people as of July 2024 and provides a complete ecosystem that includes plug-and-play accelerators and a software development kit co-developed with the hardware to simplify deployment of AI at the edge.
How Much Funding Has Hailo Raised?
1. Seed Round
- Amount Raised: $3.5M
- Date: June 2017
- Motivation: To launch the company and begin development of edge-AI processor technology.
2. Series A
- Amount Raised: $12.5M
- Date: June 2018
- Motivation: To support early product development and expand engineering efforts.
3. Series A Extension
- Amount Raised: $8.5M
- Date: January 2019
- Motivation: To continue R&D and strengthen technical capabilities.
4. Series B
- Amount Raised: $60M
- Date: March 2020
- Lead Investors: ABB Technology Ventures, Latitude Ventures, NEC Corporation, OurCrowd (participation)
- Motivation: To scale commercialization and expand global market reach.
5. Series C
- Amount Raised: $136M
- Date: October 2021
- Lead Investors: Poalim Equity, Gil Agmon (with participation from Zohar Zisapel and others)
- Motivation: To accelerate partnerships, product deployment, and international expansion.
6. Series C Extension
- Amount Raised: $120M
- Date: April 2024
- Lead Investors: Zisapel family, Poalim Equity, Delek Motors, and others
- Motivation: To advance next-generation edge-AI processors and fuel long-term growth.
Total Funding Raised: $340M+
Current Valuation: $1.2B (as of April 2024)
Latest Funding Date: April 2024
Key Investors
1. Poalim Equity
- Details: Investment arm of Bank Hapoalim supporting growth-stage technology ventures.
- Investment Focus Areas: Technology, industrial innovation, financial services.
- Notable Investments: Hailo, Arbe Robotics, Tiba Parking Systems.
2. ABB Technology Ventures
- Details: Corporate venture arm of ABB investing in industrial and automation technologies.
- Investment Focus Areas: Robotics, energy, industrial AI, automation.
- Notable Investments: Hailo, Vicarious, Trifacta.
3. Latitude Ventures
- Details: Growth-stage fund of LocalGlobe supporting disruptive technology companies.
- Investment Focus Areas: Deep tech, fintech, AI, SaaS.
- Notable Investments: Wise, Zoopla, Thought Machine.
4. OurCrowd
- Details: Global venture investment platform backing emerging technology innovators.
- Investment Focus Areas: AI, cybersecurity, mobility, healthtech.
- Notable Investments: Innoviz, Lemonade, BeyondMinds.
5. Zohar Zisapel
- Details: Veteran Israeli technology entrepreneur and angel investor.
- Investment Focus Areas: Semiconductors, networking, mobility, AI hardware.
- Notable Investments: Hailo, Innoviz, Wiliot.
Where Is Hailo’s Headquarters?
Hailo is headquartered in Tel Aviv, Israel, a leading global hub for semiconductor innovation, deep-tech R&D, and AI infrastructure development. The location provides access to highly skilled engineering talent, advanced chip-design expertise, and strong collaboration opportunities with global automotive and industrial technology partners.
What’s Next for Hailo?
Hailo is focused on expanding adoption of its edge-AI accelerator portfolio, enabling real-time generative-AI and computer-vision workloads directly on devices. The company is strengthening partnerships across automotive manufacturers, smart-infrastructure providers, robotics platforms, and industrial automation vendors.
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