HomeFinTechLynxight: Raises $6M in Funding

Lynxight: Raises $6M in Funding

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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
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