$4M Seed investment led by IL Ventures, a VC fund focused on transformational technologies for legacy industries, with co-investment by the Israel Innovation Authority.

The company will use the proceeds from the investment round to advance its R&D and product offering as well as to expedite business growth into additional verticals such as telecom, automotive, defense, and healthcare.

The investment round was led by IL Ventures and joined by NextLeap Ventures, with co-investment by the Israel Innovation Authority (IIA), through the “Seed Fund.”