Chip monitoring startup proteanTecs raises $51M with backing from Arm, Samsung, and Siemens
The Israeli company has now raised more than $250M, expanding global footprint across automotive, cloud, and telecom.
ProteanTecs, a company developing deep data solutions for electronics health and performance monitoring, has raised $51 million in a Series D funding round led by IAG Capital Partners. New strategic investors included Arm, Samsung Catalyst Fund, and Siemens, alongside existing backers such as Addition, Zeev Ventures, Avigdor Willenz Group, MediaTek Innovation Fund, Intel Capital, Porsche Automobil Holding SE, and Koch Disruptive Technologies (KDT). The company plans to use the capital to expand operations, develop new products, and deepen its integration across the electronics industry value chain.
Full list of Israeli high-tech funding rounds in 2025
To date, proteanTecs has raised over $250 million. The company was founded in 2017 by a group of executives, several of whom came from Mellanox, which was acquired by Nvidia. The founders include Shai Cohen (CEO), Evelyn Landman (CTO), Roni Ashuri (COO), Yahel David, Eyal Fayneh, and Yuval Bonen. The company employs more than 200 people, with headquarters in Israel and additional offices in the U.S., India, and Taiwan.
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ProteanTecs’ telemetry-based solutions deliver predictive lifecycle monitoring to optimize power, improve performance, and enhance the resilience and safety of complex electronic systems. The company works with cloud hyperscalers and leading semiconductor companies, and is rapidly expanding its presence across automotive, consumer electronics, and telecommunications.
