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Axelera AI

company

About

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

Details

Last Funding Type
Series A
Last Funding Money Raised
$27M
Industries
Artificial Intelligence,Machine Learning,Semiconductor,Software
Founded date
Jan 1, 2021
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Axelera AI B.V.

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$45.70M
Axelera AI has raised a total of $45.70M in funding over 2 rounds. Their latest funding was raised on Oct 25, 2022 from a Series A round.
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

Investors

Number of Lead Investors
Number of Investors
3
6
Axelera AI is funded by 6 investors. Innovation Industries and Netherlands Enterprise Agency are the most recent investors.
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

Employee Profiles

Number of Employee Profiles
9
Axelera AI has 9 current employee profiles, including Board member George Kikvadze
Board member
Board member
Board member
Board member