Funding Details
- Awarder
- RSS - theaiinsider.tech
- Date Award
- June 27, 2024
- Vertical
- AI Hardware Acceleration Technology
- Funding URL
- View Funding Page
- Valuation
-
$120,000,000
Company Info
- Traction
- Axelera AI has visibility into a strong business pipeline which exceeds $100 million. The company is shipping evaluation kits and has customers utilizing the Metis AI Platform within their cutting-edge products.
- Organizations Involved
- Invest-NL Deep Tech Fund, European Innovation Council Fund, Innovation Industries Strategic Partners Fund, Samsung Catalyst Fund, Verve Ventures, Innovation Industries, Fractionelera, CDP Venture Capital SGR, Verve Ventures, Innovation Industries, Fractionelera, CDP Venture Capital SGR
- Founders
- Fabrizio Del Maffeo
- Company Description
- Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing.
- Market
- AI Inference, Automotive, Healthcare, High-Performance Computing
- Location
-
Eindhoven,
Netherlands
- Coinvestors
- Invest-NL Deep Tech Fund, European Innovation Council Fund, Innovation Industries Strategic Partners Fund, Samsung Catalyst Fund, Verve Ventures, Innovation Industries, Fractionelera, CDP Venture Capital SGR
Links