Participated · Equity · Sep 2021

Founded in 2017, proteanTecs develops machine-learning-driven analytics software that combines data from proprietary on-chip monitors to give electronics manufacturers real-time visibility into device health, reliability and power/performance characteristics. Its platform is used by customers in datacenter, automotive, communications, AI, cloud infrastructure and consumer electronics markets to predict failures and optimize system performance at scale. The company positions its technology as a solution for reducing power consumption, improving reliability and enabling predictive maintenance across increasingly complex semiconductor devices. Recent strategic priorities include expanding its global footprint—most notably opening a Japanese office and appointing a local general manager—to better serve the nation’s central role in the electronics supply chain. proteanTecs is headquartered in Israel with additional offices in the United States, India, Taiwan and Japan. Backed by “world-leading” investors, the company has now raised more than $250 million to date, though no revenue or user figures were disclosed in the articles.

Participated · Series B · May 2020

IRP Systems develops electric powertrains for a range of electric vehicles, claiming high performance and efficiency while reducing weight, size and overall cost. The company supplies multiple EV manufacturers, including Renault. IRP has raised a $31M Series C, bringing total funding to $57M. Management says the new capital will be used to scale development, shorten the path to mass production, and expand R&D, operations and customer support. The company also plans a push on global sales and marketing. CEO and co-founder Moran Price framed IRP as positioned at the center of automotive electrification and digitalization and said the firm will continue creating disruptive solutions. IRP Systems is a Tel Aviv, Israel–based provider of innovative electric powertrain products for e-mobility. The company specializes in high-performance electric powertrain systems for a variety of e-mobility platforms, enabling electric vehicles. It counts customers among top automotive and micro-mobility manufacturers in Asia Pacific, the EU and Israel. The company is led by CEO and Co‑Founder Moran Price and CTO and Co‑Founder Paul Price. IRP Systems is headquartered in Ness Ziona, Israel.