chipmaker Hailo announced it has raised $136 million in a Series C funding round led by Poalim Equity and Gil Agmon. The round was joined by existing investors, including prominent Israeli entrepreneur and Hailo Chairman Zohar Zisapel, Swiss-based ABB Technology Ventures (ATV), London’s Latitude Ventures, Israel’s OurCrowd, and new investors, including Carasso Motors, Comasco, Shlomo Group, Talcar Corporation Ltd., and Automotive Equipment (AEV) [Machshiri Tnua].
MicroSys Electronics announced its partnership with Hailo to launch its miriac AIP-LX2160A embedded platform hosting up to 5 integrated Hailo-8 AI accelerator modules. The new edge server-grade AI solution enables high-performance and scalable AI inference capabilities at the edge. The new, application-ready AI platform offers industries a high bandwidth and power-efficient solution at the edge, benefiting a wide range of applications in Industry 4.0, automotive, heavy machinery, and more.
Hailo announced its partnership with Lanner Electronics, to launch groundbreaking AI inference solutions for real-time computer vision at the edge. Hailo has combined its Hailo-8 AI acceleration module with Lanner’s edge computing boxes to create high-performance, compact devices to support the demands of emerging AI applications at the edge. Smart cities, retail, and industrial operations require hundreds of cameras generating video streams that need to be processed locally, quickly, and efficiently with minimal latency.