Hailo
Category: AI Chips / Semiconductors
Israeli developer of AI processors and accelerators purpose-built for edge AI inference in cameras, vehicles, robotics and industrial devices. Hailo was founded in 2017. The company is led by Orr Danon. Based in Tel Aviv, Israel. Team size: 101-500. Total funding raised: $340M. Latest round: Acquired. Key investors include OurCrowd, Maniv Mobility, Poalim Equity (Poalim Capital Markets), Cardumen Capital.
- Founded
- 2017
- Headquarters
- Tel Aviv, Israel
- Team size
- 101-500
- Total funding
- $340M
Value proposition
Delivers high-performance, low-power, cost-efficient deep learning inference chips (accelerators and vision processor SoCs) that run AI workloads including generative AI directly on edge devices without relying on the cloud.
Products and solutions
Hailo-8/Hailo-8L/Hailo-10H AI accelerators (PCIe, M.2, mPCIe form factors), Hailo-15L/15H AI Vision Processor SoCs, Dataflow Compiler, HailoRT, Model Zoo, Hailo AI Software Suite, Hailo OS, Hailo Media Library/Imaging/DSP.
Unique value
DRAM-free, structure-driven dataflow architecture optimized for neural network inference, giving superior TOPS-per-watt and cost efficiency versus GPU-based edge solutions.
Target customer
OEMs and device makers in automotive (ADAS/AD), security/surveillance cameras, robotics/drones, industrial automation, retail, and smart city infrastructure.
Industries served
Automotive/ADAS, Security & Surveillance, Robotics & Drones, Industrial Automation, Retail, Intelligent Transportation, Generative AI on the edge.
Technology advantage
Proprietary dataflow compiler and chip architecture co-designed for neural network execution; broad support for CNNs, vision transformers, and LLMs at the edge; large partner/design-win ecosystem (Foxconn, Renesas, ASUS, Husqvarna, Vicon, Evolv, etc.).
How they differentiate
Focus on structure-driven dataflow architecture for best-in-class performance-per-watt in DRAM-constrained edge devices, spanning both dedicated accelerator modules and integrated AI vision-processor SoCs, versus competitors' narrower product lines.
Main competitors
SiMa.ai, Kneron, Ambarella, Axelera AI, DEEPX
Key partnerships
ASUS (UGen300 USB AI accelerator), Husqvarna (Automower robotics), Vicon (NEXT camera systems), Evolv (X-ray screening), Foxconn, Renesas, Raspberry Pi (AI HAT+), acquired by Microchip Technology (NASDAQ: MCHP) per July 24, 2026 definitive agreement.
Notable customers
Husqvarna, Vicon, Evolv Technologies, ASUS, AUTOMATA NEXUS, Blue White Robotics, Thrive Logic
Major milestones
2021: Raised $136M Series C, became Israeli AI chip unicorn, 2024: Raised additional $120M extension, total funding $340M at $1.2B valuation, July 24, 2026: Signed definitive agreement to be acquired by Microchip Technology (NASDAQ: MCHP), undisclosed price.
Growth metrics
Reached unicorn status ($1B+ valuation) in 2021; valuation of $1.2B as of April 2024 funding round; per CTech, sold to Microchip in 2026 for a price described as 'a fraction' of prior valuations after revenue growth struggled.
Market positioning
One of the leading independent edge AI silicon vendors globally, positioned as a Western alternative in the edge AI NPU space alongside Ambarella/SiMa; now being folded into Microchip's embedded/edge AI portfolio.
Geographic focus
Global, with strength in automotive/security OEMs across Asia (Taiwan/China camera makers), Europe, and North America.
About Orr Danon
Co-founder & CEO of Hailo since 2017; previously Project Lead at Israel Defense Forces (elite Military Intelligence technology unit / Unit 8200).
Latest news about Hailo
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Official website: https://hailo.ai
