Israeli AI pioneer Augury Secures USD 75m Series F
Categories: Hi-Tech
Industrial AI pioneer Augury Inc., headquartered in the U.S. and Israel, has raised USD 75 million in a Series F funding round. The round, led by global investment firm Lightrock, also drew participation from Insight Partners, Eclipse, Qumra Capital, Schneider Electric Ventures, and Qualcomm Ventures, reaffirming Augury’s unicorn valuation and strong market confidence.
Augury develops advanced machine learning and IoT solutions that help manufacturers predict equipment failures and enhance operational efficiency. This funding will further support its global expansion and product innovation within the industrial technology sector.
The Herzog legal team advising Augury included partner Hanan Haviv, attorneys Yara Azzam and Nadeem Shehadeh.