About Hailo
Hailo is a Tel Aviv-headquartered developer of edge AI processors like the Hailo-8 and Hailo-8L. These chips power computer vision in automotive ADAS systems, security cameras, and industrial robots from partners such as Bosch and Qualcomm. Hailo's architecture compiles neural networks for low-latency inference under five watts. Deployments span smart cities, retail analytics, and edge servers.
Founded
2017
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.2B (Apr 2024)
Hailo Acquisition
Hailo was acquired by Microchip for an undisclosed price on 23 July 2026.
Before the acquisition Hailo had raised $341M across 6 funding rounds.
Microchip Technology signed a definitive agreement on July 24, 2026 to acquire Hailo, an Israeli provider of accelerated edge AI processors, vision processing solutions, robotics processors, and AI software flows. The transaction is expected to close toward the end of the quarter ending September 30, 2026, subject to customary closing conditions and regulatory approvals, and the terms were not disclosed. The deal is described as not expected to have a material impact on Microchip’s financial results. The strategic rationale is expansion of Microchip’s AI portfolio into edge AI and vision processing. Hailo had raised more than $350 million over the years and had previously reached a valuation above $1 billion, but later faced a sharp valuation decline, emergency financing, workforce cuts, and a collapsed SPAC merger. Reports around the acquisition characterized the sale price as a small amount relative to prior valuations. Hailo was founded in 2017 and developed a business with dozens of customers, especially in East Asia and China, but struggled to generate significant revenue. The company’s recent history included substantial fundraising, operational restructuring, and a reduced valuation below $500 million before the Microchip acquisition announcement.
| Acquirer | Date | Type |
|---|---|---|
| 23 Jul 2026 | Strategic M&A |
Hailo Valuation
Hailo is currently valued at $1.2B, based on its Series C in April 2024.
The $120M round included Alfred Akirov, Zohar Zisapel, Gil Agmon, Astarc Ventures, Delek Motors and 7 other investors.
Hailo's valuation has grown 1.2x from $1B at its Series C in October 2021 to $1.2B in April 2024, across 2 priced rounds.
Hailo valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2024 | Series C | $1.2B |
| Oct 2021 | Series C | $1B |
Hailo Funding History
Hailo has raised a total of $341M across 6 funding rounds.
Hailo's first fundraising round was a $4M seed round in June 2017. The most recent completed round was a $120M Series C in April 2024.
Hailo funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2024 | Series C | Alfred Akirov; Zohar Zisapel; Gil Agmon; Astarc Ventures; Delek Motors; DCLBA; Poalim Equity; Comasco; Automotive Equipment (AEV); Vasuki; Talcar Corp.; OurCrowd | $120M | $1.2B | Hailo Technologies Ltd., founded in 2017 in Tel Aviv by Orr Danon, Avi Baum, Hadar Zeitlin, and others, develops AI processors optimized for edge computing, enabling high-performance AI inference on devices like autonomous vehicles, smart surveillance, industrial automation, IoT, personal computers, automotive infotainment, security, retail, and medical devices without relying on data centers. The company's chips focus on efficiency for tasks such as object detection, semantic segmentation, image/video enhancement, and running large language models (LLMs) locally. In April 2024, Hailo raised $120 million in an extension of its Series C round, originally from October 2021 when it raised $136 million at a $1.13 billion valuation, bringing total funding to over $340 million and valuing the company at $1.2 billion. The April 2024 round included investors matching the query: Alfred Akirov, Astarc Ventures (not explicitly listed but context fits), Automotive Equipment (AEV), Comasco, DCLBA, Delek Motors, Gil Agmon, OurCrowd, Poalim Equity, Talcar Corp., Vasuki, and Zohar Zisapel (Zisapel family). Hailo claims over 300 customers across automotive, security, retail, industrial automation, medical devices, and defense sectors. Alongside the funding, Hailo launched the Hailo-10 GenAI accelerator for running generative AI applications locally on edge devices, with samples shipping in Q2 2024. CEO Orr Danon stated the funds will accelerate growth, execute on the roadmap, leverage pipeline opportunities, and position for long-term growth, including potential IPO under right market conditions. With around 250 employees, Hailo competes against Nvidia in edge AI by addressing latency, cost, and scalability challenges of cloud-based inference, emphasizing software ecosystem alongside hardware. The round reflects continued investor confidence in edge AI amid generative AI trends, despite funding struggles for many AI chip startups. |
| Oct 2021 | Series C | Gil Agmon (lead); Poalim Equity (lead); Zohar Zisapel; Changer Club; Carasso Motors; Shlomo Group; Comasco; Automotive Equipment (AEV); Latitude; Talcar Corp.; ABB Ventures; OurCrowd | $136M | $1B | Hailo Technologies Ltd., a Tel Aviv-based AI chip startup founded in 2017 by Orr Danon, Hadar Zeitlin, Avi Baum, and the late Rami Feig, develops high-performance processors for edge AI applications, including the Hailo-8 AI processor. The chips enable deep learning on edge devices such as smart cameras, autonomous vehicles, UAVs, IoT devices, and smart home appliances, targeting use cases in autonomous driving, factory automation, smart cities, retail, and industrial settings without reliance on data centers. In October 2021, Hailo closed a $136 million Series C funding round, the largest in the edge AI chip space at the time, led by Poalim Equity and Gil Agmon, CEO of Delek Motors. Participants included existing investors Zohar Zisapel (Hailo chairman), ABB Technology Ventures, Latitude Ventures, OurCrowd, and new investors Carasso Motors, Comasco, Shlomo Group, Talcar Corporation Ltd., and Automotive Equipment (AEV). The round brought total funding to $224 million and valued the company at around $1 billion, establishing it as Israel's newest unicorn, though one Israeli report noted a process toward $1.1 billion valuation. At the time, Hailo reported over 100 customer projects, doubling from two quarters prior, amid surging global demand for edge AI chips exacerbated by semiconductor shortages and pandemic-driven shifts. The company, employing over 150 people, planned to use proceeds for product development, go-to-market expansion, hiring 100 more staff, and entry into new markets, with offices already in Munich, Tokyo, Taipei, and Silicon Valley. Board additions included Mooly Eden (ex-Intel SVP), and advisor Eyal Waldman (ex-Mellanox CEO). |
| Mar 2020 | Series B | KDDI (lead); Union Square Ventures (lead) | $60M | - | Hailo is an Israel-based edge AI chipmaker founded in 2017, developing specialized processors for on-device deep learning tasks without data center reliance. The company has raised over $340M across multiple rounds, focusing on advancing edge-AI technology for smart devices. A $60M Series B round closed in March 2020 led by ABB Technology Ventures, Latitude Ventures, NEC Corporation, and OurCrowd, aimed at scaling commercialization and global market reach. Subsequent rounds include a $136M Series C in October 2021 led by Poalim Equity and Gil Agmon, making it a unicorn, and a $120M Series C extension in April 2024 led by Zohar Zisapel family, Poalim Equity, and others, for next-gen processors. |
| Jan 2019 | Series A | Glory Ventures (lead); Maniv Mobility; OurCrowd; Next Gear Ventures | $9M | - | Hailo is an Israeli startup developing proprietary processing architecture for deep learning on edge devices, including its Hailo-8 deep learning processor for applications in automotive, surveillance, smart home, IoT, industrial, robotics, AR/VR, and wearables. The company, founded in February 2017, closed an initial Series A funding round of $8.5 million in January 2019 led by Glory Ventures. This round was later expanded to $21 million with participation from Glory Ventures, Maniv Mobility, Next Gear Ventures, OurCrowd, and other investors to expand markets into China and Hong Kong alongside North America, Europe, Japan, and Korea. Hailo launched the Hailo-8 Fast Track program for select customers to evaluate initial samples and prototype deep learning products. |
| Jun 2018 | Series A | Zohar Zisapel; Gil Agmon; Maniv Mobility; OurCrowd | $13M | - | - |
| Jun 2017 | Seed | - | $4M | - | Hailo Technologies, founded in Tel Aviv in February 2017 by Orr Danon, Avi Baum, Hadar Zeitlin, and Rami Feig, develops edge AI processors. The company secured a seed funding round of $3.5 million in June 2017. Following the seed, Hailo raised Series A funding totaling $21 million across June 2018 ($12.5 million) and January 2019 ($8.5 million). |
Who has invested in Hailo?
22 investors have backed Hailo across its funding rounds, including OurCrowd, Zohar Zisapel, Gil Agmon, Maniv Mobility, Poalim Equity and Talcar Corp..
Lead investors include Gil Agmon, Poalim Equity, KDDI, Union Square Ventures and Glory Ventures.
Hailo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Jun 2018 | ||
| 3 | Participant | Jun 2018 | ||
| 3 | Lead | Jun 2018 | ||
| 2 | Participant | Jun 2018 | ||
| 2 | Lead | Oct 2021 | ||
| 2 | Participant | Oct 2021 | ||
| 2 | Participant | Oct 2021 | ||
| 2 | Participant | Oct 2021 | ||
| 1 | Participant | Apr 2024 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Apr 2024 | ||
| 1 | Participant | Apr 2024 | ||
| -- | 1 | Participant | Apr 2024 | |
This data is available for Pro users. Sign up to see all 22 Hailo investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialHailo Competitors
Hailo competitors include listed companies like Northern Data and Fixstars, and private ones like Innovusion, XLMEC, Nord Quantique and Inspur Cloud.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.3B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $92M | ($35M) | $561M | - | ||
| Publicly listed | $61M | $18M | $464M | 6.1x |
Hailo Public Comps
Hailo is no longer listed, but its public comps include POET Technologies, Boost Run, Pasqal, Whitefiber, IQM Quantum Computers, Silex Microsystem, Northern Data, Fixstars, SemiFive and Corvex.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1M | ($60M) | 522.2x | 116.8x | (9.4x) | - | |||
| $27M | ($4M) | 59.9x | 12.1x | (432.1x) | 24.8x | |||
| $19M | ($92M) | 89.2x | - | (18.4x) | - | |||
| $79M | ($2M) | 12.7x | 8.2x | (430.4x) | 26.8x | |||
| $36M | ($48M) | 46.9x | - | (35.2x) | - | |||
| $141M | $49M | 12.2x | - | 35.2x | - | |||
| $92M | ($35M) | 14.7x | - | (38.1x) | - | |||
| $61M | $18M | 6.9x | 6.1x | 24.1x | - | |||
This data is available for Pro users. Sign up to see all Hailo competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Hailo
| When was Hailo founded? | Hailo was founded in 2017. |
| Where is Hailo headquartered? | Hailo is headquartered in Tel Aviv, Israel. |
| Is Hailo publicly listed? | No, Hailo was acquired by Microchip in July 2026. |
| Who acquired Hailo? | Hailo was acquired by Microchip in July 2026. |
| What is Hailo's valuation? | Hailo was last valued at $1.2B in its Series C in April 2024. |
| How much funding has Hailo raised? | Hailo has raised $341M across 6 funding rounds. |
| What was Hailo's last funding round? | Hailo's last funding round was a $120M Series C in April 2024. |
| Who are Hailo's investors? | Hailo's investors include OurCrowd, Zohar Zisapel, Gil Agmon, Maniv Mobility, Poalim Equity, Comasco, Automotive Equipment (AEV), Talcar Corp., Alfred Akirov, Changer Club and 12 others. |
| Which companies are comparable to Hailo? | Companies comparable to Hailo include Innovusion, XLMEC, Nord Quantique, Inspur Cloud, Northern Data and Fixstars. |
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