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Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Hailo | $136M | 12 Oct 2021 | Tel Aviv-Yafo, Tel Aviv District, Israel | ||
IRP Systems | $31M | 28 Apr 2021 | Israel, North District, Israel | ||
Axilion Smart Mobility | $6M | 28 Oct 2019 | Tel Aviv, Tel Aviv, Israel |
– IRP Systems, a maker of innovative electric powertrains for electric vehicles, raised $31m Series C funding.
– The round was led by Clal Insurance and Altshuler Shaham, which are Israeli institutional investors.
– Also participating was Samsung Ventures, Renault-Nissan importer Carasso Motors and Shlomo Group, as well as existing investors such as Entrée Capital, Fosun RZ Capital and JAL Ventures.
– The company will use the new case to scale the development of its systems for EVs and reduce the path to mass production, expand R&D, operations and customer support and make a push on global sales and marketing.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Hailo | $136M | 12 Oct 2021 | Tel Aviv-Yafo, Tel Aviv District, Israel | ||
IRP Systems | $31M | 28 Apr 2021 | Israel, North District, Israel | ||
Axilion Smart Mobility | $6M | 28 Oct 2019 | Tel Aviv, Tel Aviv, Israel |