Former CEO of Bank 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 companion at enterprise capital agency Team8, will not be on the Hailo board as a consultant of the agency, which is especially recognized for funding in cybersecurity and fintech. She is an unbiased investor within the firm, and represents the buyers in its B spherical, which passed off in March 2020 and was led by such buyers as Delek Authomotive Systems, Our Crowd, and the late Zohar Zisapel, whom Russak-Aminoach replaces as chairperson.
RELATED ARTICLES
Hailo is a developer of chips for end-user tools, mainly safety cameras, enabling them to run generative synthetic Intelligence purposes effectively and quick, in keeping with the corporate.
Last March, Hailo expanded a funding spherical that started in 2021 at a valuation of $1.13 billion. Among the extra buyers within the firm are Alfred Akirov, the funding firm of Hilan Tech chairperson Aviv Baum, Kia importer Talcar and Automotive Equipment Group, Gil Agmon, Carasso Motors, Poalim Equity, and Idan Ofer – many of them among the many buyers in Mobileye.
Thanks to a gallery of high-profile buyers, Hailo co-founder and CEO Orr Danon has been capable of appeal to 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.
Published by Globes, Israel enterprise information – en.globes.co.il – on May 20, 2024.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.
