| Founded | 2017 |
|---|---|
| Closed | 2024 |
| Country | Israel |
| Sector | Hardware |
| Collapse type | Mass Layoff Spiral |
| Founder | Orr Danon, Avi Baum |
Hailo Technologies
"Raised $320M to beat NVIDIA at the edge. Three layoff rounds later, the edge won."
Cascading layoffs that accelerated the decline
Key Events Timeline
Hailo Technologies, founded by Orr Danon and Avi Baum, raised $320M to develop edge AI chips for autonomous vehicles and smart cameras.
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