Axelera AI (Grant)

Funding Details
Awarder
SemiNews
Date Award
April 07, 2025
Vertical
AI Hardware Acceleration
Funding URL
View Funding Page

Company Info
Founding Year
2021
Traction
Axelera AI has raised more than $200 million in total funding in just three years, including a successful oversubscribed $68 million Series B financing round.
Organizations Involved
EuroHPC Joint Undertaking
Founders
Fabrizio Del Maffeo, Evangelos Eleftheriou
Company Description
Axelera AI develops purpose-built AI hardware acceleration technology for computer vision and generative AI applications.
Market
High-Performance Computing
Location
Eindhoven, North Brabant, Netherlands
Coinvestors
EuroHPC Joint Undertaking, member states

Links
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