Lynxight: Raises $6M in Funding

Lynxight Raises $6M in Funding

  • Lynxight, a Jerusalem, Israel-based AI aquatic safety & analytics service provider, raised $6M in funding
  • The round was led by Champel Capital and Boresight, with participation from Aristagora VC, Brooks Capital, Open Valley, Gil Midyan and others
  • The company intends to use the funds to accelerate growth, expand operations and its business reach
  • The company is a cloud-based service for the $20bn aquatic risk management market
  • Its proprietary AI connects to standard, onsite security cameras to manage and mitigate safety liability at sport and leisure facilities, supporting operators and insurers in ongoing risk assessment and management
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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