Former CEO of Financial institution Leumi Rakefet Russak-Aminoach has been appointed chairperson of semiconductors startup Hailo, after serving for 4 years as a director of the corporate.
Russak-Aminoach, at the moment a companion at enterprise capital agency Team8, shouldn’t be on the Hailo board as a consultant of the agency, which is principally recognized for funding in cybersecurity and fintech. She is an unbiased investor within the firm, and represents the buyers in its B spherical, which came about in March 2020 and was led by such buyers as Delek Authomotive Methods, Our Crowd, and the late Zohar Zisapel, whom Russak-Aminoach replaces as chairperson.
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Hailo is a developer of chips for end-user gear, mainly safety cameras, enabling them to run generative synthetic Intelligence purposes effectively and quick, in response to the corporate.
Final March, Hailo expanded a funding spherical that started in 2021 at a valuation of $1.13 billion. Among the many extra buyers within the firm are Alfred Akirov, the funding firm of Hilan Tech chairperson Aviv Baum, Kia importer Talcar and Automotive Gear Group, Gil Agmon, Carasso Motors, Poalim Fairness, and Idan Ofer – lots of them among the many buyers in Mobileye.
Due to a gallery of high-profile buyers, Hailo co-founder and CEO Orr Danon has been capable of entice different outstanding enterprise figures to his firm’s board: Mooly Eden, previously a senior vice chairman at Intel and president of Intel Israel; Dov Baharav, previously CEO of Amdocs and chairperson of Israel Aerospace Industries; Jon Medved, founder and CEO of funding platform OurCrowd; and Zohar Cohen of the RAD-Bynet Group, previously a senior funding banker at Morgan Stanley.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Might 20, 2024.
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