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, presently a associate at enterprise capital agency Team8, is just not 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 traders in its B spherical, which came about in March 2020 and was led by such traders 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 functions effectively and quick, in line with the corporate.
Final March, Hailo expanded a funding spherical that started in 2021 at a valuation of $1.13 billion. Among the many further traders 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 traders in Mobileye.
Because of a gallery of high-profile traders, Hailo co-founder and CEO Orr Danon has been in a position to entice different distinguished enterprise figures to his firm’s board: Mooly Eden, previously a senior vp 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 Could 20, 2024.
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