Funding Details
- Awarder
- SemiNews
- Date Award
- June 27, 2024
- Vertical
- AI Acceleration hardware
- Funding URL
- View Funding Page
- Valuation
-
$120,000,000
Company Info
- Founding Year
- 2021
- Traction
- Companies are embracing new and innovative ways to incorporate computer vision and generative AI capabilities into business models. Axelera AI addresses these challenges by providing a solution that delivers unmatched performance and efficiency.
- Organizations Involved
- Invest-NL Deep Tech Fund, European Innovation Council Fund, Innovation Industries Strategic Partners Fund, Samsung Catalyst Fund, Verve Ventures, Innovation Industries, Fractionelera, Italian sovereign fund 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
- Retail, Security, Industrial
- Location
-
Silicon Valley,
CA,
US
- Coinvestors
- Invest-NL Deep Tech Fund, European Innovation Council Fund, Innovation Industries Strategic Partners Fund, Samsung Catalyst Fund, Verve Ventures, Innovation Industries, Fractionelera, Italian sovereign fund CDP Venture Capital SGR
Links