IL Ventures News
2 articles
Growth-Positive
CaPow Raises $7.5 Million Seed Round - The Robot Report
CaPow, a provider of perpetual power solutions, has raised $7.5 million in a seed funding round to commercialize its battery-free, wireless energy delivery system for autonomous robotics. The funding round was led by IL Ventures and included participation from Mobilion VC, Payton Planar Magnetics, Doral Energy-Tech Ventures, Mobilitech Capital, and angel investor Ray Nissan. The companys technology aims to eliminate robot downtime due to charging and reduce reliance on traditional batteries, which have a negative environmental impact. The funds will be used to accelerate product development and business growth in global markets.
Investment
growth-positive
Cybord raises a $4M Seed investment led by IL Ventures to disrupt the electronics manufacturing industry
Cybord, an AI and Big Data software solution provider, has raised $4M in seed funding led by IL Ventures, with participation from the Israel Innovation Authority and NextLeap Ventures. The companys technology is used to inspect, qualify, and track every component and electronic board, ensuring their authenticity and quality. The funds will be used to advance R&D, expand product offerings, and expedite business growth into additional verticals such as telecom, automotive, defense, and healthcare.
Investment
