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Funding Round

Series B - Axelera AI

Series B - Axelera AI

Investment Firm

Overview

Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing.

Announced Date

Jun 27, 2024

Closed on Date

Jun 27, 2024

Funding Type

Series B

Highlights

Location

Europe

Social

Investor Lead

N/A

Participant Investors

5

Investor Name
Participant InvestorInvest-NL
Participant InvestorEuropean Innovation Council
Participant InvestorCDP Venture Capital
Participant InvestorVerve Ventures
Participant InvestorInnovation Industries

Round Details and Background

Axelera AI raised $68000000 on 2024-06-27 in Series B

Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing.

Company Funding History

5

Announcment DateTransaction NameNumber Of InvestorsLead InvestorMoney Raised
Oct 25, 2022
Series A - Axelera AI
3-27.0M
Oct 25, 2022
Debt Financing - Axelera AI
1-6.7M
May 22, 2023
Series A - Axelera AI
4-23.0M
Jun 27, 2024
Series B - Axelera AI
7-68.0M

Recent Activity

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