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Startup Funding: April 2021

Startup Funding: April 2021
April showers brought mega fundraising rounds to the semiconductor industry. In China, a mobile chipset maker looking to go public won significant funding along with partnerships with major smartphone companies. In the US, AI hardware startups are drawing interest with unique processor architectures and business models. Plus, a major test and design services company drew new investment. This month, we take a look at 22 companies that collectively raised over $2.3B.
Semi & design
Guosheng Capital,
Haier Financial, and
W&W Fund among the participants. The fabless company designs a range of chipsets for mobile and IoT/IIoT applications, including 5G mobile and baseband as well as NB-IoT. It is currently working with Xiaomi and OPPO on a sub-6GHz 5G chip. Formerly known as Spreadtrum before its acquisition by Tsinghua Unigroup, Unisoc is based in Shanghai, China. It is reportedly preparing to list on the Shanghai STAR market later this ....

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IRP Systems scores $31M to upgrade the electric vehicle

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IRP Systems scores $31M to upgrade the electric vehicle
Israeli startup IRP Systems claim to have solved range, weight, and price worries for the electric vehicle future
Idan Ben Tovim
/
29 Apr 2021
•
1 min read
Israeli startup IRP Systems secures a $31 million Series C funding round, led by Clal Insurance and Altshuler Shaham. The investment also saw participation from Samsung Ventures, Carasso Motors, and Shlomo Group. These were joined by the company’s existing investors, which include Entrée Capital, Fosun RZ Capital, JAL Ventures, Tal Capital, Union Tech Ventures, Cendana Capital and Allied Group subsidiary Champion Motors, the Israeli direct importer and distributor of Volkswagen Group. ....

Altshuler Shaham , Paul Price , Shlomo Group , Volkswagen Group , Union Tech Ventures , Clal Insurance , Samsung Ventures , Carasso Motors , Total Capital , Cendana Capital , Allied Group , Champion Motors , பால் ப்ரைஸ் , ஶ்லமொ குழு , வோக்ஸ்வாகன் குழு , தொழிற்சங்கம் தொழில்நுட்பம் முயற்சிகள் , சாம்சங் முயற்சிகள் , தால் மூலதனம் , கூட்டணி குழு , சாம்பியன் மோட்டார்கள் ,

Israeli EV powertrain co IRP Systems raises $31m

Israeli EV powertrain co IRP Systems raises $31m
Using the company’s electric motors and controllers, electric vehicle manufacturers can eliminate the industry’s tradeoff between cost and performance.
Israeli electric vehicle powertrain solutions developer IRP Systems has announced the completion of a $31 million Series C financing round led by Clal Insurance and Altshuler Shaham, leading Israeli institutional investors, with additional funds from Samsung Ventures, Renault-Nissan importer Carasso Motors, and Shlomo Group, joined by all the company s existing investors. This brings the company s total funding to $57 million.
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IRP Systems, which was founded by CEO Moran Price and CTO Paul Price, has developed TrueDrive, an electric powertrain that enables high performance and efficiency while reducing the weight, size and overall cost of the powertrain in electric vehicles of all sizes. Using the company’s electric motors and controllers, electr ....

Altshuler Shaham , Paul Price , Shlomo Group , Volkswagen Group , Union Tech Ventures , Clal Insurance , Samsung Ventures , Carasso Motors , Total Capital , Cendana Capital , Allied Group , Champion Motors , பால் ப்ரைஸ் , ஶ்லமொ குழு , வோக்ஸ்வாகன் குழு , தொழிற்சங்கம் தொழில்நுட்பம் முயற்சிகள் , சாம்சங் முயற்சிகள் , தால் மூலதனம் , கூட்டணி குழு , சாம்பியன் மோட்டார்கள் ,

IRP Systems announces $31M series C to further accelerate its Electric Vehicle (EV) powertrain offerings and expand its global reach

/PRNewswire/ IRP Systems, the leading provider of innovative electric powertrain solutions for e-mobility, announced a $31M Series C funding round today,. ....

Ness Ziona , Avi Kenet , Asia Pacific , Volkswagen Group , Union Tech Ventures , Moran Price , Samsung Venture , Israeli Renault Nissan , Total Capital , Cendana Capital , Allied Group , Champion Motors , Chirp Systems , ஆசியா பெஸிஃபிக் , வோக்ஸ்வாகன் குழு , தொழிற்சங்கம் தொழில்நுட்பம் முயற்சிகள் , மோரன் ப்ரைஸ் , சாம்சங் துணிகர , தால் மூலதனம் , கூட்டணி குழு , சாம்பியன் மோட்டார்கள் ,

The 50 Most Promising Israeli Startups - 2021

The 50 Most Promising Israeli Startups - 2021
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