Israel’s ProteanTecs Raises USD 51M Series D
Categories: Hi-Tech
ProteanTecs, an Israeli company that develops chip-monitoring platforms, raised USD 51 million in a Series D funding round led by IAG Capital Partners, with new strategic investors including Samsung Catalyst Fund, Arm, and Siemens EDA.
The financing underscores strong belief in ProteanTecs’ vision and the ongoing strength of Israeli R&D despite global headwinds.
White & Case served as legal advisor, led by London partners Daniel Turgel and Angus Nunn, with support from associate JX Zheng. Herzog also advised, with partner Yuval Meidar leading the team.
