Axelera AI
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Overview
Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing. It aims to produce the world’s most efficient and advanced solutions for AI at the edge.
Incubated in 2019 by the emerging technologies leader Bitfury and joined by the leading nano-technology group imec in early 2020, Axelera AI launched as a new company in 2021. Headquartered in the AI Innovation Center of the High Tech Campus in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, and Italy. Its team of experts in AI software and hardware hail from top AI firms and Fortune 500 companies.
About
Industries
Software, Semiconductor, Artificial Intelligence (AI), Machine Learning
Founded
2021
Employees
101-250
Headquarters locations
Europe
Social
N/A
Profile Resume
Axelera AI headquartered in Europe, operates in the Software, Semiconductor, Artificial Intelligence (AI), Machine Learning sector. The company focuses on Software and has secured $10.9B in funding across 80 round(s). With a team of 101-250 employees, Axelera AI is actively contributing to advancements in Software. Their latest funding round, Series B - Axelera AI, raised $68.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
5
Investors
7
Lead Investors
0
Total Funding Amount
$136.7M
Details
4
Axelera AI has raised a total of $136.7M in funding over 4 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Seed | 12.0M | ||
| 2022 | Early Stage Venture | 27.0M | ||
| 2023 | Early Stage Venture | 23.0M | ||
| 2024 | Early Stage Venture | 68.0M |
Investors
Axelera AI is funded by 31 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Verve Ventures | - | FUNDING ROUND - Verve Ventures | 68.0M |
| Innovation Industries | - | FUNDING ROUND - Innovation Industries | 68.0M |
| Axelera AI | - | FUNDING ROUND - Axelera AI | 68.0M |
| Invest-NL | - | FUNDING ROUND - Invest-NL | 68.0M |
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