About Hailo
Hailo is a company based in Tel Aviv (Israel) founded in 2017 by Avi Baum and Orr Danon was acquired by Microchip in July 2026. Hailo has raised $337 million across 7 funding rounds from investors including OurCrowd, Microchip Technology and ABB. Hailo operates in a competitive market with competitors including Kneron, MediaTek, Axelera AI, Innatera and Lightelligence, among others.
- Headquarter Tel Aviv, Israel
- Founders Avi Baum, Orr Danon
- Stage Unicorn
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Technology
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People of Hailo
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Funding Insights of Hailo
Hailo has successfully raised a total of $337M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Hailo
Hailo has secured backing from 24 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include OurCrowd, Microchip Technology and ABB.
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Early-stage tech and offline focused VC firm investing in Israel and the US
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Venture capital fund focused on multiple sectors
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Investor details for Hailo
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Investments & Acquisitions by Hailo
Investment portfolio details for Hailo
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Financial Statements - Hailo
Detailed financials for Hailo
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Hailo Comparisons
Peer comparison for Hailo
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Competitors of Hailo
Hailo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kneron, MediaTek, Axelera AI, Innatera and Lightelligence, among others.
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Hardware and software solutions for edge AI applications are provided.
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Provider of AI-based neural processing unit chipsets
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Provider of hardware and software-based platforms for accelerating AI inference at the edge
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Neuromorphic microprocessors mimicking brain mechanisms are developed by Innatera.
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Optical chips and software solutions for AI computing are developed.
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Detailed competitors of Hailo
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Latest news on Hailo
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Frequently Asked Questions about Hailo
Hailo was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Hailo is headquartered in Tel Aviv, Israel.
Orr Danon is the current CEO of Hailo. They have also founded this company.
Hailo is a funded company, having raised a total of $337M across 7 funding rounds to date.
Founded in 2017 in Tel Aviv, Israel, neural learning processors are developed for edge AI applications across sectors such as automotive, smart cities, smart homes, drones, wearables, and ARVR. These processors are embedded into devices, enabling deep learning operations on the edge without reliance on cloud computing. Real-time performance and reduced power consumption are supported, complemented by a co-developed software development kit for hardware integration.
Hailo's top competitors include Kneron, Axelera AI and MediaTek.
Hailo has 24 investors. Key investors include OurCrowd, Microchip Technology, ABB, NEC, and Daihatsu Motor.
The valuation of Hailo is $1B as of Jun 2021.