Israeli car chip co Valens raises $60m

The Hod Hasharon company will use the funds to promote its HDBaseT technology semiconductors for enhanced car communications. Israeli semiconductor company Valens has raised $60 million in a financing round led by Israel Growth Partners (IGP), and including Delphi, Samsung Catalyst Fund, Goldman Sachs and MediaTek as new investors, in addition to Valens’ existing investors.The new funding[…]