Israel’s electric powertrain maker IRP Systems raises a $31M Series C funding

Israel’s electric powertrain maker IRP Systems raises a $31M Series C funding

3 years ago
Anonymous $f-b3Pf4iLZ

https://techcrunch.com/2021/04/28/israels-electric-powertrain-maker-irp-systems-raises-a-31m-series-c-funding/

IRP Systems, a maker of innovative electric powertrains for electric vehicles, has raised a $31m Series C funding, bringing its total funding to $57m.

The financing was led by Clal Insurance and Altshuler Shaham, which are Israeli institutional investors. Also participating was Samsung Ventures, Renault-Nissan importer Carasso Motors, and Shlomo Group, as well as existing investors such as Entrée Capital, Fosun RZ Capital and JAL Ventures.