Hailo
Israeli maker of edge artificial-intelligence processors, founded in 2017 by graduates of the IDF Talpiot programme including Israel Defense Prize winners Orr Danon and Colonel (res.) Rami Feig
| Hailo
| |
|---|---|
| Trade name | Hailo Technologies |
| Logo |  Hailo logo |
| Type | Private company |
| Founded | 2017 |
| Founder(s) | Orr Danon, Avi Baum, Hadar Zeitlin, Rami Feig |
| Headquarters | Tel Aviv, Israel |
| Industry | Semiconductors; artificial intelligence |
| Homepage | hailo.ai |
Hailo (Hailo Technologies) is an Israeli company in Tel Aviv that designs processors for running artificial-intelligence models on devices such as cameras, cars and personal computers, rather than in the cloud.[1] Its founders are "all ... graduates of the IDF's Talpiot Project" (Talpiot), and two of them won the Israel Defense Prize.[1] By April 2024 it had raised about $340 million.[2]
History
Chief executive Orr Danon has said that he "co-founded Hailo in 2017 along with colleagues I had met previously in the Israeli Defense Forces' (IDF) elite technology unit".[3] In May 2019, when it launched its first chip, Globes reported that it had 55 employees and had raised about $26 million in three rounds, including €2 million from the European Union's Horizon 2020 research programme. Its investors included its chairman and first investor Zohar Zisapel, OurCrowd, Maniv Mobility, Next Gear Ventures, Delek Motors, Gil Agmon and China's Glory Ventures.[1]
Funding
In October 2021 Hailo raised $136 million at a valuation of $1.13 billion. In April 2024 it extended that Series C round by $120 million, led by existing and new investors including the Zisapel family, Gil Agmon, Delek Motors, Alfred Akirov and OurCrowd.[4] Ctech said that this took its total funding to $340 million, and that Danon said the company worked with 300 customers.[2]
Founders and military service
Globes wrote in 2019: "Danon jointly founded Hailo with CTO Avi Baum and VP business development Hadar Zeitlin, all of whom are graduates of the IDF's Talpiot Project" (Talpiot; Israel Defense Forces).[1]
- Orr Danon, co-founder and chief executive: Talpiot graduate; "Danon has won the Israel Defense Prize" (Israel Defense Prize).[1]
- Avi Baum, co-founder and chief technology officer: Talpiot graduate; formerly held positions at Texas Instruments.[1]
- Hadar Zeitlin, co-founder: Talpiot graduate who "won the IDF Chief of Staff's Prize for Technological Excellence during her service".[1]
- Rami Feig, co-founder: "Israel Defense Prize winner, the late Colonel (res.) Rami Feig", who, Globes reported in May 2019, had died in a drowning accident "a year ago".[1]
See also
- Talpiot
- Israel Defense Forces
- Cyber and tech firms founded by ex Unit 8200 or occupation forces veterans
External links
Notes
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Uri Berkovitz, Hailo launches AI deep learning chip to challenge Intel, Nvidia Globes, 16 May 2019, accessed 10 November 2026.
- ↑ 2.0 2.1 Meir Orbach, AI chip unicorn Hailo raises another $120 million to bring GenAI to edge devices Ctech, 2 April 2024, accessed 10 November 2026.
- ↑ Antoine Tardif, Orr Danon, CEO & Co-Founder of Hailo – Interview Series Unite.AI, 23 February 2023, accessed 10 November 2026.
- ↑ Assaf Gilead, Israeli edge AI chipmaker Hailo raises $120m Globes, 2 April 2024, accessed 10 November 2026.