IRP Systems raises $17m Series B funding led by Fosun RZ capital

– ISRAEL, Tel Aviv –  IRP Systems, the leading provider of innovative electric powertrain products for e-mobility, today announced that the company has raised $17M in Series B funding round led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal Capital, Union Tech Ventures, Cendana Capital and Allied Group subsidiary Champion Motors, the Israeli direct importer and distributor of Volkswagen Group.…