Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing.
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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 25, 2022 | Series A | $27M | 3 | Innovation Industries | — | Detail |
Oct 25, 2022 | Debt Financing | $6.70M | 1 | Netherlands Enterprise Agency | — | Detail |
Sep 15, 2021 | Seed | $12M | 4 | Bitfury Group | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Innovation Industries | Yes | Series A |
Netherlands Enterprise Agency | Yes | Debt Financing |
Bitfury Group | Yes | Seed |
imec.xpand | — | Series A |
SFPI-FPIM | — | Series A |
imec | — | Seed |