Axelera AI (Grant)
Funding Details
Awarder
SemiNews
Date Award
April 7, 2025
Vertical
AI Hardware Acceleration
Funding URL
View Funding Page
Funding Amount
$61,600,000
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
Market
High-Performance Computing
Location
Eindhoven, North Brabant, Netherlands
Coinvestors
EuroHPC Joint Undertaking, member states
Company Description

Axelera AI develops purpose-built AI hardware acceleration technology for computer vision and generative AI applications.

Links
WebsiteCrunchbaseLinkedInTwitter
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