Canada, Montreal-based semiconductor and software company HaiLa Technologies has raised $10.35 million in funding. Supported by investors like Murata Electronics, Stanford University, Mika, Ecofuel Fund, Chrysalix, and TandemLaunch, the company aims to utilize the funding to drive R&D development, facilitate team growth, and launch ultra low-power system-on-chip (SoC) solutions for the Internet of Things (IoT). HaiLa focuses on developing multi-protocol radio communication technologies for IoT devices, with an emphasis on sustainable scaling by optimizing data transmission methods and reducing the need for battery maintenance, making waves in various industries including smart home and building automation, consumer electronics, industrial, and more.