Axelera AI (Grant)
Funding Details
- Awarder
- SemiNews
- Date Award
- April 07, 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
- 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