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GLy New Mobility Fund invests in Israeli unicorn Vayyar

GLy New Mobility Fund, a global mid-to-late-stage private equity fund backed by Zhejiang Geely Holding Group, has completed an investment in Vayyar Imaging, a 4D imaging radar-on-chip solution provider based in Israel.

The $108 million round was led by Koch disruptive technology and joined by investors including Atreides Management, Battery Ventures, Bessemer Ventures, More VC, Regal Four, and Claltech.

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