Hailo Overview
Hailo is focused on enabling smart edge technologies to reach their full potential. Its solutions bridge the gap between existing and future AI technologies, providing the compute capacity needed to power these applications. Hailo’s industry-leading edge AI processors feature high compute power at a high power efficiency and cost efficiency. One small, self-contained, low-power chip can process high-resolution videos in real time or multiple video streams and neural network models simultaneously, all within a small power budget and rigid heat dissipation constraints. The company’s product portfolio includes AI accelerators and AI vision processors, and it offers a range of standard form-factor modules and an on-PCB design track, as well as a robust and mature software toolchain. Based in Tel Aviv with offices in the U.S., Germany, China, Japan, Korea, and Taiwan, Hailo is growing and expanding its worldwide partner ecosystem. The company’s novel, patented dataflow architecture is already implemented in hundreds of customer programs across industries including automotive, security, smart city, Industry 4.0, smart retail, and more.
Cumulative Funding Raised Over Time ($)
$120.0MApr 2024
$128.5MJan 2019
$188.5MJan 2020
$200.5MJun 2017
$300.5MJun 2021
$336.5MOct 2021
$344.6MSep 2018
Latest News
growth-negative
Advanced driving assistance systems (ADAS) company Mobileye and AI chip company Hailo can exploit the major enthusiasm for vehicle AI.
Mobileye Global Inc, a leader in advanced driving assistance systems (ADAS), is facing challenges in capitalizing on the AI hype in the automotive industry. Despite its technological leadership in autonomous vehicles, Mobileye has been low-key in marketing its AI capabilities, missing out on the enthusiasm that has boosted other companies like Tesla. However, Mobileye plans to showcase its advancements at the upcoming CES exhibition, potentially increasing its appeal to buyers if Intel decides to sell its shares. Meanwhile, Hailo, another Israeli company, is developing AI chips for edge devices and has integrated them into ADAS systems of a major Chinese manufacturer. Hailos potential IPO next year may reveal more about its partnerships, but its focus on the Chinese market poses risks amid geopolitical tensions.
Public TradingPartners
growth-positive
מתייצבת מול אנבידיה: היילו חושפת שבב AI קטן עם ביצועים גדולים
Hailo, an Israeli unicorn, has unveiled the Hailo-10H, a groundbreaking AI chip designed to run generative AI (GenAI) tools locally on edge devices without relying on cloud-based AI models or expensive GPUs. This chip, which is already available for purchase, targets devices such as laptops, cars, and cameras, offering high performance with low power consumption. It supports real-time AI processing, crucial for privacy-sensitive applications. Hailo has partnered with companies like Raspberry Pi, Limelight, HP, and Dell to integrate its chips into various products. The company has raised a total of $340 million, including a recent $120 million round in April 2024. Hailo aims to make AI accessible to all by providing cost-effective, efficient AI solutions for edge computing.
Product StagePartnersInvestment
growth-positive
Hailo launches Hailo-10H chip with support for generative AI at the edge - SiliconANGLE
Hailo Technologies Ltd. has launched the Hailo-10H, its second-generation AI accelerator chip designed for generative AI at the edge. The chip supports large language models and vision-language models, offering high efficiency and cost-effectiveness. It is compatible with Hailos existing software stack and is supported by a global developer community. The Hailo-10H is automotive-qualified and aims for 2026 production in automotive systems. Hailo has raised $564 million over nine rounds, with $136 million raised in October 2021. The chip enhances data privacy by enabling local processing and reduces reliance on cloud-based AI services.
Product StageInvestment
growth-positive
היוניקורן הישראלי שישתף פעולה עם ענקית השבבית הטייוואנית
Hailo, an Israeli unicorn specializing in AI processors for edge devices, has partnered with Avnet ASIC to manage the production of its future AI processors at TSMCs facilities. This collaboration enhances Hailos manufacturing capabilities, ensuring high production standards and engineering support. Avnet ASIC, a division of Avnet Silica, is a certified Value Chain Aggregator (VCA) for TSMC, providing access to advanced manufacturing processes. Hailo, founded in 2017, has raised $340 million to date and serves over 300 customers worldwide. The company is expanding its workforce to support accelerated growth, with 300 employees currently, 250 of whom are based in Tel Aviv. Hailos processors are designed for smart devices across various sectors, including automotive, security, and retail.
PartnersExpandInvestment
growth-positive
Hailo מגייסת עובדים כדי להאיץ את פיתוח הדור הבא של מעבדי ה-AI
Hailo, a Tel Aviv-based AI processor manufacturer, is expanding its workforce by recruiting for various positions, including software developers and hardware engineers. The company, which became a unicorn three years ago, recently raised $120 million, bringing its total funding to $340 million. Hailos high-performance AI processors are designed for edge devices like cameras and autonomous vehicles. The company is responding to the growing demand for AI across industries and aims to make advanced technologies accessible. Hailo offers a hybrid, respectful, and collaborative work environment. The recent launch of their GenAI accelerators, such as the Hailo-10, allows users to run AI applications locally without cloud-based services.
ExpandInvestment
| Sector | Industrial Technologies |
Funding
| Total funding | $346.41M |
| Last funding | $120M |
| Stage | C |
| Rounds | 8 |
| Investors | 20 |
Team Members
5
Employees: 201-500
Web & Social Links
| Website | hailo.ai |
| Careers | Careers page |
Locations
Yigal Alon St 82, Tel Aviv-Yafo, Israel
Gwangjin-gu, Seoul, South Korea
Neihu District, Taipei City, Taiwan 114
Wilmington, DE 19801, USA
Nanshan, Shenzhen, Guangdong Province, China
Balanstraße 73, 81541 München, Germany
Tokyo, Japan
Photos & Videos
29 item(s)
Hailo Business
Business models
B2B, B2G
Product stage
Released
Employees
201-500
Sector
Climate TechLow Carbon DataSphereIndustrial TechnologiesMicroelectronics & Photonics SolutionsAutomotive & Mobility TechnologiesAutonomous & ConnectedTarget Customer
Commerce & RetailDistribution ChannelsSupply ChainSupermarketsGovernment & CityMunicipalitiesIndustrial ManufacturingDiscrete IndustriesAutomotiveAerospaceTransportation & LogisticsCore Technology
Semiconductors & ElectronicsChipsetsPlatforms & InterfacesSoftwareSimulation & ImagingDigital TwinArtificial IntelligenceDeep LearningData StorageEdge ComputingTags (23)
logisticsenterprise-logisticsclimate-techunicorn-2021artificial-intelligenceiotindustry-4.0ai-process-optimizationsensorschips-designmachine-learningautomotivedeep-learningcamerasedge-computingsmart-cityadassmart-homesmart-mobilitysemiconductorsautonomous-vehiclesretailhardwareSolutions
{"title":"Retail","description":"Hailo's AI processors enable smart retail solutions at the edge, providing real-time analytics for inventory management, loss prevention, personalized shopping experiences, and optimized operations, enhancing efficiency and customer satisfaction while ensuring privacy.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Transportation, Smart Cities, Automotive","description":"Hailo's Intelligent Transportation System (ITS) leverages AI processors to enable real-time edge AI for traffic management, smart cities, and autonomous vehicles, improving safety, efficiency, and sustainability.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":1,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Industrial Automation","description":"Hailo's AI processors enable real-time AI at the edge for Industry 4.0 applications, enhancing operational efficiency, predictive maintenance, quality control, and worker safety in industrial environments.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Smart City","description":"Hailo provides high-performance, low-power edge AI processors designed to enable real-time analytics for various smart city applications, including traffic management, public safety, waste optimization, and infrastructure monitoring.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Smart Home","description":"Hailo provides high-performance, low-power AI processors (Hailo-8 and Hailo-15) for smart home edge devices, enabling advanced on-device AI capabilities for enhanced privacy, responsiveness, and efficiency in applications like security cameras, smart speakers, and home robots.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":1,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Automotive","description":"Hailo provides high-performance, low-power AI processors specifically designed and qualified for automotive edge applications, enabling advanced ADAS and autonomous driving features.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":3,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":1,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
Use Cases
Smart RetailIntelligent Transportation System (ITS)Industry 4.0Smart CitySmart HomeAutomotiveGeographic Markets
ChinaTaiwanJapanGermanySouth KoreaNorth AmericaHailo Financials
$346.41M
Total funding
Undisclosed
Capital raised
$120M
Last funding
C
Funding stage
8
Total rounds
20
Investors
Cumulative Funding Raised Over Time ($)
$120.0MApr 2024
$128.5MJan 2019
$188.5MJan 2020
$200.5MJun 2017
$300.5MJun 2021
$336.5MOct 2021
$344.6MSep 2018
Private Equity Funding
C Round
Apr 2024
$120M
Talcar Corporation, Automotive Equipment, Vasuki Technology Fund, OurCrowd, Comasco, Delek Motors, Alfred Akirov, Gil Agmon, Poalim Equity
C Round
Oct 2021
$36M
Poalim Equity (Lead)
,
ABB Technology Ventures, Latitude Ventures, Gil Agmon, OurCrowd, Comasco, Shlomo Group, Carasso Motors, Zohar Zisapel (Late)
C Round
Jun 2021
$100M
Zohar Zisapel (Late) (Lead)
,
Delek Motors, OurCrowd
B Round
Jan 2020
$60M
NEC Corporation (Lead)
,
Latitude Ventures, Zohar Zisapel (Late), Delek Motors, Glory Ventures, ABB Technology Ventures, Next Gear Ventures, OurCrowd, Maniv Mobility
A Round
Jan 2019
$8.5M
Glory Ventures, OurCrowd, Next Gear Ventures, Maniv Mobility
A Round
Sep 2018
$8.11M
Maniv Mobility, OurCrowd, Gil Agmon, Next Gear Ventures, Zohar Zisapel (Late)
A Round
Jun 2017
$12M
OurCrowd (Lead)
Non-Equity Funding
GrantEvent
Jan 2018
$1.8M
EU Horizon 2020
Hailo Lifecycle
Cumulative Funding Raised Over Time
$120.0MApr 2024
$128.5MJan 2019
$188.5MJan 2020
$200.5MJun 2017
$300.5MJun 2021
$336.5MOct 2021
$344.6MSep 2018
All Events
C Round
Apr 2024
$120M
Talcar Corporation, Automotive Equipment, Vasuki Technology Fund, OurCrowd, Comasco, Delek Motors, Alfred Akirov, Gil Agmon, Poalim Equity
C Round
Oct 2021
$36M
Poalim Equity (Lead)
,
ABB Technology Ventures, Latitude Ventures, Gil Agmon, OurCrowd, Comasco, Shlomo Group, Carasso Motors, Zohar Zisapel (Late)
C Round
Jun 2021
$100M
Zohar Zisapel (Late) (Lead)
,
Delek Motors, OurCrowd
B Round
Jan 2020
$60M
NEC Corporation (Lead)
,
Latitude Ventures, Zohar Zisapel (Late), Delek Motors, Glory Ventures, ABB Technology Ventures, Next Gear Ventures, OurCrowd, Maniv Mobility
A Round
Jan 2019
$8.5M
Glory Ventures, OurCrowd, Next Gear Ventures, Maniv Mobility
A Round
Sep 2018
$8.11M
Maniv Mobility, OurCrowd, Gil Agmon, Next Gear Ventures, Zohar Zisapel (Late)
A Round
Jun 2017
$12M
OurCrowd (Lead)
GrantEvent
Jan 2018
$1.8M
EU Horizon 2020
Hailo News
54 articles
growth-negative
Advanced driving assistance systems (ADAS) company Mobileye and AI chip company Hailo can exploit the major enthusiasm for vehicle AI.
Mobileye Global Inc, a leader in advanced driving assistance systems (ADAS), is facing challenges in capitalizing on the AI hype in the automotive industry. Despite its technological leadership in autonomous vehicles, Mobileye has been low-key in marketing its AI capabilities, missing out on the enthusiasm that has boosted other companies like Tesla. However, Mobileye plans to showcase its advancements at the upcoming CES exhibition, potentially increasing its appeal to buyers if Intel decides to sell its shares. Meanwhile, Hailo, another Israeli company, is developing AI chips for edge devices and has integrated them into ADAS systems of a major Chinese manufacturer. Hailos potential IPO next year may reveal more about its partnerships, but its focus on the Chinese market poses risks amid geopolitical tensions.
Public TradingPartners
growth-positive
מתייצבת מול אנבידיה: היילו חושפת שבב AI קטן עם ביצועים גדולים
Hailo, an Israeli unicorn, has unveiled the Hailo-10H, a groundbreaking AI chip designed to run generative AI (GenAI) tools locally on edge devices without relying on cloud-based AI models or expensive GPUs. This chip, which is already available for purchase, targets devices such as laptops, cars, and cameras, offering high performance with low power consumption. It supports real-time AI processing, crucial for privacy-sensitive applications. Hailo has partnered with companies like Raspberry Pi, Limelight, HP, and Dell to integrate its chips into various products. The company has raised a total of $340 million, including a recent $120 million round in April 2024. Hailo aims to make AI accessible to all by providing cost-effective, efficient AI solutions for edge computing.
Product StagePartnersInvestment
growth-positive
Hailo launches Hailo-10H chip with support for generative AI at the edge - SiliconANGLE
Hailo Technologies Ltd. has launched the Hailo-10H, its second-generation AI accelerator chip designed for generative AI at the edge. The chip supports large language models and vision-language models, offering high efficiency and cost-effectiveness. It is compatible with Hailos existing software stack and is supported by a global developer community. The Hailo-10H is automotive-qualified and aims for 2026 production in automotive systems. Hailo has raised $564 million over nine rounds, with $136 million raised in October 2021. The chip enhances data privacy by enabling local processing and reduces reliance on cloud-based AI services.
Product StageInvestment
growth-positive
היוניקורן הישראלי שישתף פעולה עם ענקית השבבית הטייוואנית
Hailo, an Israeli unicorn specializing in AI processors for edge devices, has partnered with Avnet ASIC to manage the production of its future AI processors at TSMCs facilities. This collaboration enhances Hailos manufacturing capabilities, ensuring high production standards and engineering support. Avnet ASIC, a division of Avnet Silica, is a certified Value Chain Aggregator (VCA) for TSMC, providing access to advanced manufacturing processes. Hailo, founded in 2017, has raised $340 million to date and serves over 300 customers worldwide. The company is expanding its workforce to support accelerated growth, with 300 employees currently, 250 of whom are based in Tel Aviv. Hailos processors are designed for smart devices across various sectors, including automotive, security, and retail.
PartnersExpandInvestment
growth-positive
Hailo מגייסת עובדים כדי להאיץ את פיתוח הדור הבא של מעבדי ה-AI
Hailo, a Tel Aviv-based AI processor manufacturer, is expanding its workforce by recruiting for various positions, including software developers and hardware engineers. The company, which became a unicorn three years ago, recently raised $120 million, bringing its total funding to $340 million. Hailos high-performance AI processors are designed for edge devices like cameras and autonomous vehicles. The company is responding to the growing demand for AI across industries and aims to make advanced technologies accessible. Hailo offers a hybrid, respectful, and collaborative work environment. The recent launch of their GenAI accelerators, such as the Hailo-10, allows users to run AI applications locally without cloud-based services.
ExpandInvestment
growth-positive
Hailo could be heading for huge Wall Street IPO
Israeli AI processor developer Hailo is reportedly heading for a major Wall Street IPO, according to a Wall Street investment executive. The company, which has developed advanced AI chips for edge devices, has over 250 employees and provides products to more than 300 customers globally. Hailo has raised $350 million to date and has recently made several interesting moves, including supplying its processor to British company Raspberry PI and appointing Yaron Garmazi as the companys CFO and COO.
CustomersInvestmentPublic TradingManagement Changes
growth-positive
Hailo appoints Yaron Garmazi as CFO and COO | CTech
Hailo, an AI chipmaker, has appointed Yaron Garmazi as its new CFO and COO. Garmazi brings over 30 years of experience as a CFO, including over a decade in semiconductor companies. His appointment follows the announcement of Rakefet Russak Aminoach as the Chairwoman of the companys Board of Directors. Hailo was established in 2017 and has raised $340 million to date. In April, it raised $120 million and launched its GenAI Hailo-10 accelerators.
Management Changes
growth-positive
UK Computer Maker Using Israeli Accelerators For New AI Add-On
Raspberry Pi, a British maker of single-board computers, has partnered with Israeli chipmaker Hailo to provide AI accelerators for its new AI-enabled add-on. The partnership will allow creators of all levels to introduce advanced AI capabilities into their projects in the fields of security, robotics and more. Hailo is also introducing an online community for developers, that will include FAQs and tutorials, to help inspire creators and allow them to share experiences and tips with one another.
Partners
growth-positive
Raspberry Pi picks Hailo for AI on Raspberry Pi 5 hardware
Hailo, an AI processor designer, has announced a partnership with Raspberry Pi to provide AI accelerators for the Raspberry Pi 5. The partnership will allow both professional and enthusiast creators to enhance their projects with advanced AI capabilities. The AI Kit for Raspberry Pi 5 includes the Hailo-8L M.2 AI acceleration module, which significantly outperforms other edge processors. The collaboration marks a significant milestone for Hailo, reflecting the maturity of its AI accelerators and its ability to serve a larger audience.
Partners
growth-positive
Rakefet Russak-Aminoach appointed chair of chip co Hailo
Former CEO of Bank Leumi, Rakefet Russak-Aminoach, has been appointed chairperson of semiconductors startup Hailo. Russak-Aminoach, currently a partner at venture capital firm Team8, is an independent investor in Hailo and represents the investors in its B round, which took place in March 2020. Hailo is a developer of chips for end-user equipment, mainly security cameras, enabling them to run artificial Intelligence applications efficiently. Last March, Hailo expanded a funding round that began in 2021 at a valuation of $1.13 billion.
InvestmentManagement Changes
growth-positive
היוניקורן הישראלי זוכה בפרס החדשנות: "מאות חברות נותנות אמון"
Tel Aviv-based unicorn company Hailo, a leading manufacturer of AI processors for edge devices, has won the Frost & Sullivan Technology Innovation Award for its groundbreaking Hailo-15 AI processors. The award is given to companies that develop and implement growth strategies based on advanced thinking and efficient response to future needs and market opportunities. Hailo was chosen after a thorough analysis of various companies in the market and their ability to leverage technology and its impact on the business world. Hailos processors allow for advanced video analysis and image quality improvement, making them highly efficient in terms of performance-to-cost and performance-to-power consumption ratios.
CustomersExpand
Growth-Positive
AI chip unicorn Hailo raises another $120 million to bring GenAI to edge devices | CTech
Israeli startup Hailo has raised an additional $120 million in its Series C funding round, bringing its total funding to $340 million. The company, which develops edge artificial intelligence (AI) processors, also announced the Hailo-10, its newest AI accelerator designed to process large language models (LLMs) at low power consumption for the personal computer and automotive industries. The funding round was led by both current and new investors. Hailo currently works with 300 customers and expects to reach $100 million in annual recurring revenue in the coming years.
InvestmentCustomersExpand
growth-positive
Nexty Electronics will distribute Hailo Products In Japan's automotive market
AI processor manufacturer Hailo is expanding its presence in the Japanese automotive market through a partnership with NEXTY Electronics, a company within the Toyota Tsusho Group. This is Hailos second distributor in Japan and its first in the Japanese automotive market. The partnership comes after Hailos recent collaboration with Chinese autonomous driving solutions provider iMotion. Hailos processors will be integrated into mass-produced vehicles for Chinese manufacturers starting in the second half of 2024. Hailos processors are designed for high-performance data processing with low power consumption, making them suitable for applications in both ADAS systems and autonomous driving.
PartnersExpand
Not applicable
Chinese Car Giant Taps Israeli AI Chips For Automated Systems
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None
Hailo Expands Hailo-8 Accelerator Lineup for Entry-Level Edge AI
growth-positive
Lanner Electronics Collaborates with Hailo to Unveil Revolutionary PCIe AI Acceleration Card - Falcon Lite
Lanner Electronics, a provider of network appliances and edge AI computing platforms, has introduced the Falcon Lite, a PCIe AI Acceleration Card powered by Hailo-8 AI processors. The card is designed to meet the increasing demand for scalable intelligent video analytics applications in smart retail, Industry 4.0, and intelligent transportation. The Falcon Lite can accommodate 2, 3, and 4 Hailo-8 AI processors, offering up to 104 tera operations per second of AI performance. The card is now available for evaluation and purchase.
PartnersCustomersExpand
growth-positive
מעבדי AI של Hailo מאפשרים אנליטיקה חכמה ברשתות סופרמרקטים גדולות ביפן
Israeli AI chipmaker Hailos processors have been integrated into smart cameras developed by Japanese software house Idein Inc and camera manufacturer Aisin, part of the Toyota Group. The cameras, which monitor and analyse customer movement in stores, have been installed in several large supermarket chains in Japan, including Sogo & Seibo Co. The data is analysed in real-time, providing insights into customer behaviour and preferences. Aisin is in talks with several Japanese and international retail chains to install the smart cameras in stores worldwide. Hailo, which became a unicorn in 2022 after raising $136 million in a Series C round, currently employs over 200 people in Tel Aviv and abroad, and is hiring more to support its rapid growth.
PartnersExpand
growth-positive
Hailo unveils new edge AI accelerators, targeting entry-level and high-capacity applications
Tel Aviv-based startup Hailo has announced the expansion of its Hailo-8 product lineup with two new offerings: Hailo-8L and Hailo-8 Century. These hardware accelerators are targeted at a diverse range of edge AI applications, catering to both entry-level and high-capacity use cases in fields ranging from security and smart cities to transportation, smart retail, industrial automation and automotive. The company claims that both product lines are offered at competitive prices and feature superior power efficiency when compared to other products in the embedded-AI chip market.
Expand
growth-positive
מעבדי AI של Hailo ששולבו במערכות של WiseSight יחסכו לנהגים בישראל עשרות מיליוני שקלים על תשלום עבור קנסות חנייה | New-Tech OnLine
Israeli startup WiseSight, which develops smart systems for monitoring vehicle parking in various cities around the world, will integrate AI processors from Tel Aviv-based Hailo into its systems. The Hailo-8 processors will replace Nvidia processors previously used in these systems, enabling significant cost reduction. The processors will be integrated into a miniaturized edge computing unit, allowing up to 12 cameras to be connected to the edge unit. WiseSights system has been successfully installed in the US, France, and 10 cities in Israel.
Partners
growth-positive
Hailo's new AI chips bring more image processing power to the edge
Hailo, the AI chipmaker, has launched its latest processor family, the Hailo-15H, M and L SoCs. These processors are designed to bring AI models to the edge and power intelligent cameras. The new Hailo family offers processing speeds ranging from 7 TOPS to 20 TOPS, making it five times faster than comparably priced solutions. The processors can run object detection models in real time at high resolutions and handle up to 4k60 video input. Hailos chips can also be used for video enhancement, including improving video in low-light conditions, video stabilization, and HDR imaging. The release of these processors allows Hailo to expand on its innovative architecture and optimize performance.
CustomersPartners
growth-positive
Tattile Selects Hailo to Empower its Next-Gen Smart LPR Cameras for ITS
Italian Automatic Number Plate Recognition (ANPR) specialist, Tattile, has announced a technology partnership with AI chipmaker Hailo. Tattile will integrate Hailos Hailo-8 AI processor into its new product line of high-end cameras called SMART+. This partnership will enable Tattile to offer smart cameras for Intelligent Transport Systems (ITS), mobility, and smart cities. The integration of the Hailo-8 processor will enhance the performance of Tattiles camera line, reducing product miss-rates, decreasing detection latency, lowering costs, and increasing data protection. The License Plate Cameras market is expected to reach over $700 million by 2028. Tattile and Hailo will be presenting at the ITS World Congress in LA on September 19-22, 2022.
Partners
growth-positive
AI Chipmaker Hailo Collaborates with Renesas to Enable Automotive Customers to Seamlessly Scale from ADAS to Automated Driving
Hailo, an AI chipmaker, has announced its collaboration with Renesas to deliver a powerful and energy-efficient processing solution for advanced driver-assistance functions and automated driving systems in motor vehicles. The joint solution aims to make sophisticated ADAS technology more accessible in cars of all types. The combination of Hailo-8 processors with Renesas R-Car V3H & R-Car V4H systems-on-chip enables robust, scalable, efficient, and cost-effective ADAS solutions. The collaboration will help democratize ADAS and make driving safer and more affordable. The joint Hailo-Renesas solution offers independent scalability in AI and compute, high performance, power efficiency, functional safety, and an open software ecosystem. The solution is available for customer evaluations and demonstrations.
Partners
growth-positive
MooVita Introduces Latest ADAS Innovations in its MooBox Technology, Powered by Leading AI Chipmaker Hailo
MooVita Pte Ltd has announced the latest iteration of its MooBox technology, which includes advanced driver assistance systems (ADAS) powered by Hailos Hailo-8 edge-AI Processor. The new MooBox features ADAS capabilities such as collision warning and avoidance, lane keep warning and assist, speed limit warning and control, and driver behavior and attention monitoring. The enhanced capabilities of MooBox allow for operational efficiency in both public transportation and private-owned vehicles, as well as fleet-wide management for commercial fleets. MooVita aims to increase safety, preserve vehicular integrity, and reduce supply chain downtime with its improved platform. The partnership with Hailo is expected to bring convenience, comfort, and safety to autonomous vehicles.
PartnersCustomers
growth-positive
alwaysAI® Partners with AI Chipmaker Hailo to Power Next-Gen AI Applications at the Edge
alwaysAI has partnered with Hailo to deliver accelerated computer vision applications on edge devices. The partnership allows developers to take advantage of Hailos high-performance, low-power product using the alwaysAI platform. The sectors that will benefit from this solution include smart retail, industry 4.0, and transportation. alwaysAI users will have access to Hailo-specific application templates and models, enabling higher performance and lower power consumption. The partnership aims to address the growing need for efficient processing of sensory information on the edge. alwaysAI is a computer vision platform provider, while Hailo is an AI chip company.
Partners
growth-positive
New Electronics - EBV Elektronik to stock innovative technology from Hailo
EBV Elektronik has signed a distribution franchise agreement with Hailo, an edge AI chipmaker. The agreement will allow Hailos AI technology to gain greater penetration across Europe and beyond, in markets such as industry 4.0, automotive, smart retail, smart cities, and smart home applications. Hailos AI accelerators, including the Hailo-8 AI processor, will be distributed by EBV Elektronik. The partnership will significantly extend EBV Elektroniks portfolio of AI solutions and provide more options for delivering world-class AI solutions to customers.
Partners
growth-positive
CVEDIA Partners with AI Chipmaker Hailo to Launch Next-Generation Thermal Edge AI Solutions
Hailo has announced a partnership with CVEDIA to launch next-generation thermal edge AI solutions. The joint solutions combine CVEDIAs computer vision expertise and synthetic data technology with Hailos Hailo-8 AI processor. The partnership aims to offer high-performance, scalable thermal edge AI solutions for various market segments. The Hailo-8 AI processor will improve the performance of object detection and classification algorithms for edge applications in smart cities, transportation, and security. The joint solutions will make AI models smaller, faster, and more accurate. The partnership strengthens Hailos position in the video analytics and security sector. Hailo and CVEDIA will showcase the joint solution at the ISC West event in March 2022.
Partners
growth-positive
Leading AI Chipmaker Hailo Partners with AITg of WPG Holdings to Support Growing Customer Base in Asia Pacific
AI chipmaker Hailo has partnered with AITg to promote and support its products in Taiwan and the Greater China region. The partnership will enable Hailo to expand its presence in key Asian markets and reach customers in sectors such as smart retail, smart cities, smart homes, and industry 4.0. Hailo aims to strengthen partnerships with existing customers in Taiwan and China while expanding further into other Asia-Pacific markets. The company will continue to offer its innovative product line, including its specialized AI processor for edge devices, the Hailo-8™. The partnership with AITg will assist Hailo in meeting the growing demand for edge AI solutions in China and Taiwan.
Partners
growth-positive
NEXCOM Partners with AI Chipmaker Hailo to Launch Next-Generation Vehicular Telematics Solution
Hailo has announced a partnership with NEXCOM to launch NEXCOMs next-generation AI vehicular telematics solution. The partnership aims to enhance operational efficiency in public transit and fleet management, including advanced driver assistance systems. The joint solution features Hailos compact AI accelerator module, enabling in-vehicle computers to run state-of-the-art AI applications more efficiently. The solution is designed to fit in cabins with limited space and withstand demanding automotive conditions. It can power various telematics applications such as infotainment, fleet management, and mobile video surveillance. Hailos specialized AI acceleration modules deliver high performance, low power consumption, and minimal latency for smart devices operating at the edge.
Partners
growth-positive
AAEON Partners with AI Chipmaker Hailo to Enable Next-Gen AI Applications at the Edge
UP Bridge the Gap, a brand of AAEON, a leading manufacturer of AI Edge hardware solutions, has announced a partnership with AI chipmaker Hailo. The partnership aims to meet the increasing demand for next-generation AI applications at the edge. The latest UP Bridge the Gap platforms are compatible with Hailos Hailo-8 M.2 AI Acceleration Module, offering unprecedented AI performance with best-in-class power efficiency. This partnership will benefit clients with their growing demand for AI applications that run quickly and efficiently at the edge.
Partners
growth-positive
"Its important to work with customers early in product development"
The article discusses the importance of working with customers early on for building trust and gaining feedback. Hadar Zeitlin, co-founder and CBO of Hailo, emphasizes the need to interact with customers in the beginning stages of a company when there is no product yet. Hailos approach is to present a pitch to customers to start a conversation and gather answers to important questions. Zeitlin recommends starting contact with customers as early as possible and defining the companys added value. Hailo sends its development team to meet with customers and provides them with an early version of tools and a material prototype. Working with customers early on helps Hailo understand its target audience and ensure it is heading in the right direction.
Customers
growth-positive
AI Chipmaker Hailo Partners with KAGA FEI America - High-Performance Computing News Analysis insideHPC
AI chipmaker Hailo has partnered with KAGA FEI America, Inc. to promote and support Hailos products in North America. The partnership aims to expand Hailos reach to more customers in sectors such as smart retail, smart cities, smart homes, and industry 4.0. Hailo will continue offering its innovative product line, including its specialized AI processor for edge devices. The partnership with KAGA FEI America will strengthen Hailos presence in North America and accelerate its expansion in the region.
Partners
growth-positive
Kontron partners with Hailo to launch edge AI inference solutions
Kontron has announced a strategic technology partnership with Hailo, an AI chipmaker, to offer next-generation AI edge inference solutions. The partnership will provide customers with high-performance, scalable AI-edge application-ready platforms for various market segments. Kontrons existing platforms will integrate Hailos AI-accelerator, allowing edge devices to run at cloud-level performance. The collaboration includes the development of new AI-ready products and custom solutions. Kontron also offers AI project services and training of neural networks. The partnership aims to meet the growing demand for powerful and secure edge AI solutions across industries.
PartnersCustomers
growth-positive
Hailo ו-Variscite משתפות פעולה כדי לספק פתרונות AI עבור מכשירי קצה New-Tech OnLine
Hailo, an AI chip startup, has announced a collaboration with Variscite, a leading global provider of Systems on Module (SoM) solutions. The partnership aims to enable the running of complex AI applications on edge devices more efficiently, with lower energy consumption and significantly reduced costs. The collaboration has resulted in the launch of ready-to-use development platforms that incorporate Variscites i.MX 8 platforms and Hailos Mini PCIe AI module. These solutions offer high-performance AI capabilities and can be deployed in various markets such as Industry 4.0, smart cities, and automotive. The collaboration will enhance Variscites edge devices and expand the range of AI applications that can be run on them. Hailo has previously announced collaborations with other companies in the past year.
Partners
growth-positive
"לא יהיו מכוניות אוטונומיות לגמרי בעתיד הנראה לעין"
Israeli AI chipmaker Hailo has raised $136 million at a valuation of $1 billion. The companys chip, which processes data on the device rather than in the cloud, has attracted interest from the autonomous vehicle industry. Hailos investors include Zohar Zisapel, Gil Agmon, Carsu Motors, Comasco, Shlomo Group, Telcar, Mobility Devices Group, Poalim Capital Markets, ABB, Latitude, and OurCrowd. The company currently employs over 150 people in Tel Aviv and offices around the world, and plans to hire an additional 100 in the coming year.
InvestmentExpand
growth-positive
AI chipmaker Hailo raises $136M as it doubles down new opportunities for AI modules in edge devices
Hailo, an AI chip company, has raised $136 million in a Series C funding round, valuing the company at around $1 billion. The funding will help Hailo meet the increasing demand for its edge-device chips customized for AI workloads. The company has seen a surge of interest in the market and has doubled the number of projects its working on. Hailos edge chips are designed to adapt to existing resources and require less energy to run than traditional data center computers. The funding comes at a time when the semiconductor shortage has created an opportunity for more efficient and cost-effective systems. Hailo is also investing in software to expand its offering. The company has raised a total of $224 million to date.
Investment
growth-positive
MicroSys, Hailo Partner to Launch High-Performance, Embedded AI Platform
MicroSys Electronics has announced a partnership with Hailo, a leading AI chipmaker, to launch an embedded platform hosting Hailo-8 AI accelerator modules. The platform offers high-performance and scalable AI inference capabilities at the edge, benefiting various industries. Powered by the NXP QorIQ Layerscape LX2160A processor, the platform integrates multiple Hailo-8 AI accelerators and delivers exceptional AI computing performance. The collaboration allows MicroSys to provide powerful AI solutions for edge applications, addressing the growing market demand.
Partners
growth-positive
AI Chipmaker Hailo Partners with Macnica to Sell its Products in Japan
Hailo, a leading AI chipmaker, has partnered with Macnica, a semiconductor distributor, to sell Hailos products in Japan. The partnership aims to expand Hailos presence in Japan and other Asia-Pacific markets, allowing companies in various industries to accelerate AI computing performance at the edge. Hailo will offer its specialized AI processor and high-performance AI acceleration modules to customers in the region. The partnership follows the establishment of Hailo Japan G.K., Hailos subsidiary in Tokyo. Hailos products, including the Hailo-8 module, deliver high performance, low power consumption, and minimal latency for edge devices. The partnership with Macnica is expected to bring significant value to customers in Japan.
Partners
growth-positive
Vecow מטייוואן תשלב את מודול האצת ה-AI של Hailo בפתרון הדור הבא שתשיק לבינה מלאכותית במכשירי קצה - Chiportal
Tel Aviv-based startup Hailo, which provides AI chips for edge devices, has announced a partnership with Taiwanese company Vecow, a global leader in embedded systems. The partnership will see Hailos AI acceleration module, Hailo-8, integrated into Vecows ultra-thin ABP-3000 AI computing system. The collaboration will enable faster processing of AI tasks for a wide range of applications in fields such as machine vision, automotive computing, robotic control, public space security, and any other edge AI application.
PartnersExpand
growth-positive
Hailo raising $100m, to become Israel's latest unicorn
Israeli chip developer Hailo is reportedly finalising a $100 million financing round, valuing the company at $1 billion. The round is being led by Zohar Zisapel, OurCrowd, and Delek Automotive Systems. Hailo, which develops chips for deep learning on edge devices, recently began mass production of its Hailo-8 processor for use in autonomous vehicles and other advanced products. The company is also said to be in advanced talks with car manufacturers for the installation of its chips in autonomous vehicles over the next two to three years.
Investment
AI Chipmaker Hailo Partners with Lanner Electronics to Launch Next-generation AI Inference Solutions at the Edge Israeli PRs News
growth-positive
AI chipmaker Hailo wins Edge AI and Vision Product of the Year
Hailo, the chipmaker responsible for the Hailo-8, has been named the winner of the 2021 Edge AI and Vision Product of the Year Awards for Best Edge AI Processor. The Hailo-8 AI processor is designed for edge devices and enables practical visual AI and computer vision. The awards recognize Hailos innovation and impact on customers and the market. Hailo has raised a total of $86.3 million in funding, with its most recent round raising $60 million. The companys processor is designed for various industries such as automotive, smart cities, retail, and Industry 4.0.
CustomersInvestment
growth-positive
Israel's Hailo collaborates with AWS and others to launch video analytics solution
Hailo, an Israeli AI chipmaker, has collaborated with Leopard Imaging, Socionext, and Amazon Web Services to deliver EdgeTuring, a next-generation AI processing solution for video analytics. The collaboration aims to produce high-quality and high-energy efficiency AI inference nodes for various applications. Hailos innovative AI processor and acceleration modules, combined with the solutions from the industry leaders, will bring more powerful, scalable, and cost-efficient AI products to the edge market. EdgeTuring utilizes Hailo-8, a high-performance AI chip, and incorporates image signal processors and high-definition cameras from Socionext and Leopard Imaging. Hailo has raised $86.3 million in funding over four rounds and one grant.
PartnersCustomers
growth-positive
היילו החלה בייצור סדרתי של כרטיסי בינה מלאכותית - Techtime - חדשות אלקטרוניקה והייטק
Hailo, an Israeli company, has begun mass production of its Hailo-8 M.2 artificial intelligence (AI) cards. The cards are based on Hailos Hailo-8 AI processor and are designed for use in embedded computers. The company plans to market the cards primarily in Taiwan, where there is a high concentration of embedded computer manufacturers. Hailo aims to enable customers to add AI capabilities to their existing systems without the need for hardware development. The company was founded in 2017 and has raised $88 million in funding. The Hailo-8 processor is capable of 26 trillion operations per second and has an efficiency of 3 trillion operations per watt.
Customers
growth-positive
AI Chipmaker Hailo Launches Top-Performing M.2 and Mini PCIe AI Acceleration Modules to Enhance Performance of Edge Devices
Hailo, an AI chipmaker, has launched its high-performance AI acceleration modules for edge devices. The modules, which outperform Intels Myriad-X modules and Googles Edge TPUs, can be integrated into a variety of edge devices and are suitable for applications in smart cities, smart retail, industry 4.0, and smart homes. Hailos AI acceleration modules seamlessly integrate into standard frameworks and provide a flexible and optimized solution for Deep Learning-based applications. The modules deliver high performance, reduce latency, and improve privacy. Hailos M.2 module is already integrated into Foxconns BOXiedge, and the company is working with select customers worldwide. The Hailo-8 AI modules are expected to empower companies to create innovative AI-based products with a short time-to-market.
CustomersPartners
growth-positive
Hailo challenges Intel and Google with its new AI modules for edge devices
Tel Aviv-based startup Hailo has launched its M.2 and Mini PCIe high-AI acceleration modules, designed for use in edge devices for smart city, smart home and industrial applications. The launch follows a $60m Series B funding round six months ago, bringing the companys total funding to $88m. The new modules are based on Hailos Hailo-8 chip, and the company claims they can analyse more frames per second than Intel’s Myriad-X and Google’s Edge TPU modules, while also being more energy efficient. Hailo is already working with Foxconn to integrate the M.2 module into its BOXiedge edge computing platform.
InvestmentPartners
growth-positive
Israeli chipmaker Hailo launches a Japanese subsidiary
Israeli AI chipmaker Hailo Technologies has opened a Japanese subsidiary and appointed Hiro Uchida as its president. The expansion follows a $60 million Series B funding round in which NEC joined as a strategic investor. The new establishment in Tokyo aims to meet the growing demand in Asia-Pacific markets, including automotive, smart cities, retail, and industry 4.0. Hailos deep learning processor, the Hailo-8, enhances the performance of edge devices by enabling sophisticated deep learning applications. The company plans to strengthen relationships with Japanese customers and partners and create new opportunities. Hiro Uchida, a former Sony executive, will lead the business development in Japan.
PartnersInvestment
growth-positive
The Future of Edge Computing and Industry 4.0 May Be Here · EMSNow
Hailo, along with Foxconn and Socionext, is developing a new generation AI processing solution for video analytics at the edge. The solution aims to provide high-density, low-power, and real-time processing and analysis of multiple streaming camera input feeds. This partnership between Hailo, Foxconn, and Socionext is expected to drive growth in the smart factory market and enable more efficient processing for Industry 4.0. Foxconn has already deployed AI solutions on production lines, resulting in improved reporting accuracy and cost reduction. The article highlights the need for hyper-efficient processing in modern factories and the advantages of edge processing in terms of cost and performance.
PartnersInvestment
growth-positive
Hailo Named a Cool Vendor by Gartner
Hailo, an AI chipmaker, has been named as a Cool Vendor in Gartners Cool Vendors in AI Semiconductors report. Hailos specialized Hailo-8 deep learning processor delivers high performance to edge devices, enabling them to run sophisticated deep learning applications. The chips advanced architecture provides higher performance, lower power consumption, and minimal latency. Hailo aims to make a significant impact on various industries driven by edge technology, such as automotive, smart cities, smart retail, and industry 4.0. The companys AI processor is designed to fit into different smart devices and machines. The article does not mention any specific partners, customers, investment or acquisition amounts, layoffs, or the date of the event.
PartnersCustomers
growth-positive
Hailo, Foxconn, and Socionext partner for AI processing at the edge
Hailo is working with Foxconn and Socionext to offer a next-generation AI processing system. The joint offering combines Hailos Hailo-8 deep learning processor with Foxconns high-density, fan-less BOXiedge edge-computing system and Socionexts SynQuacer SC2A11 high-efficiency parallel processor. The system is designed for applications such as smart cities, smart medical, smart retail, and the industrial Internet of Things (IIoT). The global market for AI is predicted to reach $98.4 billion in revenue by 2023. Foxconn has already deployed AI solutions on its production lines, resulting in improved reporting accuracy and reduced operating costs. Hailos Hailo-8 processor enables higher performance, lower power, and minimal latency for edge devices.
PartnersInvestment
growth-positive
Hailo raises $60 million to accelerate the launch of its AI edge chip
Hailo, a startup developing hardware for AI inferencing at the edge, has raised $60 million in series B funding. The funding will be used to accelerate the rollout of Hailos Hailo-8 chip, which enables devices to run AI algorithms without a cloud connection. The chip has been sampled with select partners and features an architecture that consumes less power than rival chips. Hailo-8 is capable of 26 tera-operations per second and outperformed Nvidias Xavier AGX in benchmark tests. Hailo plans to integrate the chip into products from OEMs and tier-1 automotive companies. The funding round was led by previous and new strategic investors, including NEC Corporation, Latitude Ventures, and ABB Technology Ventures. Hailo has raised a total of $88 million in venture capital to date.
Investment
growth-positive
Leading AI Chipmaker Hailo Recognized as CES 2020 Innovation Awards Honoree in Embedded Technologies Category
AI chipmaker Hailo has been selected as a CES 2020 Innovation Awards Honoree for its AI Chip, the Hailo-8™, in the Embedded Technologies product category. The award was announced at CES Unveiled New York. The Hailo-8™ is a data-center class computer that delivers up to 26 tera operations per second (TOPS), with high area and power efficiency, all in a size smaller than a penny. The chip is currently being sampled with select partners across various industries, including automotive and smart cameras.
CustomersPartners
growth-positive
Hailo launches AI deep learning chip to challenge Intel, Nvidia
Israeli startup Hailo Technologies has launched its first processor designed for deep learning applications in end devices. The processor is targeted towards the automotive industry and camera companies. Hailo has raised around $26 million in funding and plans to raise several tens of millions of dollars in another financing round. The company aims to expand its development and sales teams. The processor is smaller and consumes less power compared to its competitors. The sector of edge devices processors is considered one of the hottest in the semiconductor industry. The AI inference subsector in edge devices is predicted to grow to $4-4.5 billion in 2025. Hailo may be a potential acquisition target for companies like Nvidia and Intel.
CustomersPartnersInvestmentExpand
growth-positive
Israeli deep learning chip co Hailo raises $8.5m
Hailo, an Israeli deep learning chip developer, has raised an additional $8.5 million in its Series A financing round, bringing the total amount raised to $24.5 million. The investment will allow Hailo to expand into China and Hong Kong, in addition to its existing markets. Hailo is developing a microprocessor for deep learning applications that will provide data center performance to edge devices. The company is also opening registration for its Hailo-8 Fast Track program, offering select customers the opportunity to evaluate its deep learning processor. Hailos technology has been praised by investors and is expected to be used in various markets, including automotive, surveillance, smart home, IoT, industrial, robotics, AR/VR platforms, and wearables.
InvestmentExpand
growth-positive
Hailo raises a $12.5M Series A round for its deep learning chips
Hailo, an Israel-based company building deep learning chips for embedded devices, has raised a $12 million Series A round. The funding will be used to further develop its deep learning processors, with samples expected to reach the market in the first half of 2019. Hailos chips will be able to run embedded AI applications in various settings, including drones, cars, smart home appliances, and cameras. The car industry is the key market for Hailo. The company aims to revolutionize the architecture of processors to meet the increasing deep learning and AI processing needs.
Investment
Hailo Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 297 |
| Team members | 5 |
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515604445 |
| Crunchbase | hailo-technologies |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-09-15T00:00:00.000Z |
| Created | 2017-05-23T00:00:00.000Z |
| Claimed | Yes |